Report overview
Steel Production Use Electric Arc Furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking.
This report aims to provide a comprehensive presentation of the global market for Steel Production Use Electric Arc Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Production Use Electric Arc Furnace. This report contains market size and forecasts of Steel Production Use Electric Arc Furnace in global, including the following market information:
Global Steel Production Use Electric Arc Furnace Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Steel Production Use Electric Arc Furnace Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Steel Production Use Electric Arc Furnace companies in 2022 (%)
The global Steel Production Use Electric Arc Furnace market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
AC-EAF Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Steel Production Use Electric Arc Furnace include Danieli, SMS, Electrotherm, TENOVA, Primetals Technologies, Steel Plantech, IHI, Doshi and TYMEC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Steel Production Use Electric Arc Furnace manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Steel Production Use Electric Arc Furnace Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Steel Production Use Electric Arc Furnace Market Segment Percentages, by Type, 2022 (%)
AC-EAF
DC-EAF
Global Steel Production Use Electric Arc Furnace Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Steel Production Use Electric Arc Furnace Market Segment Percentages, by Application, 2022 (%)
Metal Smelting
Ore Smelting
Others
Global Steel Production Use Electric Arc Furnace Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Steel Production Use Electric Arc Furnace Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Steel Production Use Electric Arc Furnace revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Steel Production Use Electric Arc Furnace revenues share in global market, 2022 (%)
Key companies Steel Production Use Electric Arc Furnace sales in global market, 2018-2023 (Estimated), (Units)
Key companies Steel Production Use Electric Arc Furnace sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Danieli
SMS
Electrotherm
TENOVA
Primetals Technologies
Steel Plantech
IHI
Doshi
TYMEC
DongXong
Sermak Metal
XiYe Technology Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel Production Use Electric Arc Furnace, market overview.
Chapter 2: Global Steel Production Use Electric Arc Furnace market size in revenue and volume.
Chapter 3: Detailed analysis of Steel Production Use Electric Arc Furnace manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Steel Production Use Electric Arc Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Steel Production Use Electric Arc Furnace capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
