Report overview
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel?98% of the mined iron ore is used to make steel.
This report aims to provide a comprehensive presentation of the global market for Iron Ore Mining, 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 Iron Ore Mining. This report contains market size and forecasts of Iron Ore Mining in global, including the following market information:
Global Iron Ore Mining Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Iron Ore Mining Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Iron Ore Mining companies in 2023 (%)
The global Iron Ore Mining market was valued at US$ 348890 million in 2023 and is projected to reach US$ 419830 million by 2029, at a CAGR of 2.7% 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 2023, While China is Forecast to Reach $ Million.
Iron Ore Mining Fines Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Iron Ore Mining include Vale, Rio Tinto, BHP, Fortescue Metals, Anmining, ArcelorMittal, Anglo American, HBIS Group and Beijing Huaxia Jianlong Mining, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Iron Ore Mining 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 Iron Ore Mining Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Iron Ore Mining Market Segment Percentages, by Type, 2023 (%)
Iron Ore Mining Fines
Iron Ore Mining Pellets
Other
Global Iron Ore Mining Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Iron Ore Mining Market Segment Percentages, by Application, 2023 (%)
Construction Industry
Transportation
Others
Global Iron Ore Mining Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Iron Ore Mining Market Segment Percentages, By Region and Country, 2023 (%)
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 Iron Ore Mining revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Iron Ore Mining revenues share in global market, 2023 (%)
Key companies Iron Ore Mining sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Iron Ore Mining sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Vale
Rio Tinto
BHP
Fortescue Metals
Anmining
ArcelorMittal
Anglo American
HBIS Group
Beijing Huaxia Jianlong Mining
Evrazholding Group
Metalloinvest
LKAB Group
Cleveland-Cliff
Outline of Major Chapters:
Chapter 1: Introduces the definition of Iron Ore Mining, market overview.
Chapter 2: Global Iron Ore Mining market size in revenue and volume.
Chapter 3: Detailed analysis of Iron Ore Mining 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 Iron Ore Mining 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 Iron Ore Mining 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.
