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Direct Reduced Iron Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

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    Report

  • 279 Pages
  • January 2022
  • Region: Global
  • Transparency Market Research
  • ID: 5568128
The latest study analyzes the historical and present-day scenario of the global direct reduced iron market in order to accurately gauge its future growth. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for the growth of the global direct reduced iron market so as to identify growth opportunities for market stakeholders. The report also provides insightful information about how the global direct reduced iron market would expand during the forecast period of 2021 to 2031.



The report offers intricate dynamics about different aspects of the global direct reduced iron market, which aids companies operating in the market in making strategic development decisions. This study also elaborates on significant changes that are highly anticipated to configure growth of the global direct reduced iron market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of the global direct reduced iron market and estimates statistics related to growth of the market in terms of volume (kilo tons) and value (US$ Mn).

This study covers a detailed segmentation of the global direct reduced iron market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global direct reduced iron market, wherein various development, expansion, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Questions Answered in this Report on Direct Reduced Iron Market


The report provides detailed information about the global direct reduced iron market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global direct reduced iron market, so as to help them design successful strategies and make target-driven decisions.
  • Which form segment of the global direct reduced iron market would emerge as major revenue generator during the forecast period?
  • Which production process segment of the global direct reduced iron market would emerge as key revenue generator during the forecast period?
  • Which grade segment of the global direct reduced iron market would emerge as prominent revenue generator during the forecast period?
  • How are key market players successfully earning revenue out of advantages of direct reduced iron?
  • What would be the Y-o-Y growth trend of the global direct reduced iron market between 2021 and 2031?
  • What are the winning imperatives of leading players operating in the global direct reduced iron market?
  • Which form segment is expected to create lucrative opportunities for the global direct reduced iron market during the forecast period?
  • Which are the leading companies operating in the global direct reduced iron market?

Research Methodology - Direct Reduced Iron Market


The research methodology adopted by analysts for compiling the global direct reduced iron market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecast for the global direct reduced iron market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global direct reduced iron market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global direct reduced iron market.
Frequently Asked Questions about the Global Direct Reduced Iron Market

What is the estimated value of the Global Direct Reduced Iron Market?

The Global Direct Reduced Iron Market was estimated to be valued at $21.87 Billion in 2021.

What is the growth rate of the Global Direct Reduced Iron Market?

The growth rate of the Global Direct Reduced Iron Market is 8.0%, with an estimated value of $50.64 Billion by 2031.

What is the forecasted size of the Global Direct Reduced Iron Market?

The Global Direct Reduced Iron Market is estimated to be worth $50.64 Billion by 2031.

Who are the key companies in the Global Direct Reduced Iron Market?

Key companies in the Global Direct Reduced Iron Market include Qatar Steel, JSW Ispat Special Products Limited, Kobe Steel Ltd, ArcelorMittal, NUCOR, Midrex Technologies Inc., Khouzestan Steel Company, Gallantt Group of Industries, Welspun Group and Jindal Shadeed Iron & Steel LLC.

Table of Contents

1. Executive Summary
1.1. Direct Reduced Iron Market Snapshot
1.2. Current Market and Future Potential
2. Market Overview
2.1. Market Segmentation
2.2. Market Trends
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Direct Reduced Iron Manufacturers
2.6.2. List of Potential Customers
3. COVID-19 Impact Analysis
4. Global Direct Reduced Iron Market Analysis and Forecast, by Form, 2020-2031
4.1. Introduction and Definitions
4.2. Global Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
4.2.1. Pellets
4.2.2. Lumps
4.3. Global Direct Reduced Iron Market Attractiveness, by Form
5. Global Direct Reduced Iron Market Analysis and Forecast, by Production Process, 2020-2031
5.1. Introduction and Definitions
5.2. Global Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
5.2.1. Gas-based
5.2.2. Coal-based
5.3. Global Direct Reduced Iron Market Attractiveness, by Production Process
6. Global Direct Reduced Iron Market Analysis and Forecast, by Grade, 2020-2031
6.1. Introduction and Definitions
6.2. Global Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, Grade, 2020-2031
6.2.1. Grade - A (FeM - 81% Min)
6.2.2. Grade - B (FeM - 78 To 80 %)
6.2.3. Grade - C (FeM - < 78%)
6.3. Global Direct Reduced Iron Market Attractiveness, by Grade
7. Global Direct Reduced Iron Market Analysis and Forecast, by Region, 2020-2031
7.1. Key Findings
7.2. Global Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2020-2031
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. Middle East & Africa
7.3. Global Direct Reduced Iron Market Attractiveness, by Region
8. North America Direct Reduced Iron Market Analysis and Forecast, 2020-2031
8.1. Key Findings
8.2. North America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
8.3. North America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
8.4. North America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
8.5. North America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2020-2031
8.5.1. U.S. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
8.5.2. U.S. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
8.5.3. U.S. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
8.5.4. Canada Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
8.5.5. Canada Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
8.5.6. Canada Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
8.6. North America Direct Reduced Iron Market Attractiveness Analysis
9. Europe Direct Reduced Iron Market Analysis and Forecast, 2020-2031
9.1. Key Findings
9.2. Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.3. Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.4. Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.5. Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
9.5.1. Germany Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.2. Germany Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.3. Germany Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.5.4. France Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.5. France Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.6. France Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade 2020-2031
9.5.7. U.K. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.8. U.K. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.9. U.K. Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.5.10. Italy Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.11. Italy Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.12. Italy Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.5.13. Russia & CIS Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.14. Russia & CIS Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.15. Russia & CIS Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.5.16. Rest of Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
9.5.17. Rest of Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
9.5.18. Rest of Europe Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
9.6. Europe Direct Reduced Iron Market Attractiveness Analysis
10. Asia Pacific Direct Reduced Iron Market Analysis and Forecast, 2020-2031
10.1. Key Findings
10.2. Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form
10.3. Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.4. Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.5. Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
10.5.1. China Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
10.5.2. China Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.5.3. China Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.5.4. Japan Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
10.5.5. Japan Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.5.6. Japan Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, Grade, 2020-2031
10.5.7. India Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
10.5.8. India Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.5.9. India Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.5.10. ASEAN Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
10.5.11. ASEAN Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.5.12. ASEAN Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.5.13. Rest of Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
10.5.14. Rest of Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
10.5.15. Rest of Asia Pacific Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
10.6. Asia Pacific Direct Reduced Iron Market Attractiveness Analysis
11. Latin America Direct Reduced Iron Market Analysis and Forecast, 2020-2031
11.1. Key Findings
11.2. Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
11.3. Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
11.4. Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.5. Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
11.5.1. Brazil Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
11.5.2. Brazil Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
11.5.3. Brazil Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, Grade, 2020-2031
11.5.4. Mexico Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
11.5.5. Mexico Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
11.5.6. Mexico Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.5.7. Rest of Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
11.5.8. Rest of Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
11.5.9. Rest of Latin America Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
11.6. Latin America Direct Reduced Iron Market Attractiveness Analysis
12. Middle East & Africa Direct Reduced Iron Market Analysis and Forecast, 2020-2031
12.1. Key Findings
12.2. Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
12.3. Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
12.4. Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.5. Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
12.5.1. GCC Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
12.5.2. GCC Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
12.5.3. GCC Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.5.4. South Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
12.5.5. South Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
12.5.6. South Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.5.7. Rest of Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Form, 2020-2031
12.5.8. Rest of Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Production Process, 2020-2031
12.5.9. Rest of Middle East & Africa Direct Reduced Iron Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Grade, 2020-2031
12.6. Middle East & Africa Direct Reduced Iron Market Attractiveness Analysis
13. Competition Landscape
13.1. Global Direct Reduced Iron Company Market Share Analysis, 2020
13.2. Company Profiles (Details - Overview, Financials, Recent Developments, and Strategy)
13.2.1. Qatar Steel
13.2.1.1. Company Description
13.2.1.2. Business Overview
13.2.1.3. Financial Overview
13.2.1.4. Strategic Overview
13.2.2. JSW Ispat Special Products Limited
13.2.2.1. Company Description
13.2.2.2. Business Overview
13.2.2.3. Financial Overview
13.2.2.4. Strategic Overview
13.2.3. Kobe Steel Ltd
13.2.3.1. Company Description
13.2.3.2. Business Overview
13.2.3.3. Financial Overview
13.2.3.4. Strategic Overview
13.2.4. ArcelorMittal
13.2.4.1. Company Description
13.2.4.2. Business Overview
13.2.4.3. Financial Overview
13.2.4.4. Strategic Overview
13.2.5. NUCOR
13.2.5.1. Company Description
13.2.5.2. Business Overview
13.2.5.3. Financial Overview
13.2.5.4. Strategic Overview
13.2.6. Midrex Technologies Inc.
13.2.6.1. Company Description
13.2.6.2. Business Overview
13.2.6.3. Financial Overview
13.2.6.4. Strategic Overview
13.2.7. Khouzestan Steel Company
13.2.7.1. Company Description
13.2.7.2. Business Overview
13.2.7.3. Financial Overview
13.2.7.4. Strategic Overview
13.2.8. Gallantt Group of Industries
13.2.8.1. Company Description
13.2.8.2. Business Overview
13.2.8.3. Financial Overview
13.2.8.4. Strategic Overview
13.2.9. Welspun Group
13.2.9.1. Company Description
13.2.9.2. Business Overview
13.2.9.3. Financial Overview
13.2.9.4. Strategic Overview
13.2.10. Jindal Shadeed Iron & Steel LLC
13.2.10.1. Company Description
13.2.10.2. Business Overview
13.2.10.3. Financial Overview
13.2.10.4. Strategic Overview
13.2.11. AM/NS India
13.2.11.1. Company Description
13.2.11.2. Business Overview
13.2.11.3. Financial Overview
13.2.11.4. Strategic Overview
13.2.12. Tosyali Algeria A.S.
13.2.12.1. Company Description
13.2.12.2. Business Overview
13.2.12.3. Financial Overview
13.2.12.4. Strategic Overview
13.2.13. Tuwairqi Steel Mills Limited
13.2.13.1. Company Description
13.2.13.2. Business Overview
13.2.13.3. Financial Overview
13.2.13.4. Strategic Overview
14. Primary Research: Key Insights15. Appendix

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Qatar Steel
  • JSW Ispat Special Products Limited
  • Kobe Steel Ltd
  • ArcelorMittal
  • NUCOR
  • Midrex Technologies Inc.
  • Khouzestan Steel Company
  • Gallantt Group of Industries
  • Welspun Group
  • Jindal Shadeed Iron & Steel LLC
  • AM/NS India
  • Tosyali Algeria A.S.
  • Tuwairqi Steel Mills Limited