Global Electric Arc Furnaces Market 2019-2023 - Product Image

Global Electric Arc Furnaces Market 2019-2023

  • ID: 4663905
  • Report
  • Region: Global
  • 107 pages
  • TechNavio
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FEATURED COMPANIES

  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
  • MORE
About Electric Arc Furnaces

Electric arc furnaces (EAF) are an integral part of steel minimills and are used to produce crude steel using scrap iron or a mixture of scrap iron and direct reduced iron (DRI).

The analysts forecast the global electric arc furnaces market to grow at a CAGR of 10.98% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric arc furnaces market for 2019-2023. This market research report offers a comprehensive analysis of the market segmentation by technology (DC arc furnace, and AC arc furnace).

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Electric Arc Furnaces Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
Market drivers
  • Steel regulations in China forcing steel makers to follow EAF route for new capacity
  • For a full, detailed list, view the full report
Market challenges
  • Overcapacity in the Chinese steel industry discouraging new investment
  • For a full, detailed list, view the full report
Market trends
  • Increasing private ownership in the global steel industry
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
  • Market segmentation by technology
  • Comparison by technology
  • DC arc furnace - Market size and forecast 2018-2023
  • AC arc furnace - Market size and forecast 2018-2023
  • Market opportunity by technology
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
  • Trends
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global steel minimills market
Exhibit 02: Global steel minimills market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Technology - Market share 2018-2023 (%)
Exhibit 18: Comparison by technology
Exhibit 19: DC arc furnace - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: DC arc furnace - Year-over-year growth 2019-2023 (%)
Exhibit 21: AC arc furnace - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: AC arc furnace - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by technology
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 29: EMEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 31: Americas - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 33: Key leading countries
Exhibit 34: Market opportunity
Exhibit 35: Comparison of capital expenditure per ton of steel in 2018
Exhibit 36: Impact of drivers and challenges
Exhibit 37: Vendor landscape
Exhibit 38: Landscape disruption
Exhibit 39: Vendors covered
Exhibit 40: Vendor classification
Exhibit 41: Market positioning of vendors
Exhibit 42: DANIELI - Vendor overview
Exhibit 43: DANIELI - Business segments
Exhibit 44: DANIELI - Organizational developments
Exhibit 45: DANIELI - Segment focus
Exhibit 46: DANIELI - Geographic focus
Exhibit 47: DANIELI - Key offerings
Exhibit 48: IHI - Vendor overview
Exhibit 49: IHI - Business segments
Exhibit 50: IHI - Organizational developments
Exhibit 51: IHI - Segment focus
Exhibit 52: IHI - Geographic focus
Exhibit 53: IHI - Key offerings
Exhibit 54: Primetals Technologies - Vendor overview
Exhibit 55: Primetals Technologies - Organizational developments
Exhibit 56: Primetals Technologies - Key offerings
Exhibit 57: Sinosteel - Vendor overview
Exhibit 58: Sinosteel - Organizational developments
Exhibit 59: Sinosteel - Key offerings
Exhibit 60: SMS group - Vendor overview
Exhibit 61: SMS group - Organizational developments
Exhibit 62: SMS group - Geographic focus
Exhibit 63: SMS group - Key offerings
Exhibit 64: Tenova (Techint Group) - Vendor overview
Exhibit 65: Tenova (Techint Group) - Organizational developments
Exhibit 66: Tenova (Techint Group) - Key offerings
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FEATURED COMPANIES

  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
  • MORE
The author of the report recognizes the following companies as the key players in the global electric arc furnaces market: DANIELI, IHI, Primetals Technologies, Sinosteel, SMS group, and Tenova (Techint Group).

Commenting on the report, an analyst from the research team said: “Improvements in extraction and mining technologies have resulted in low prices of natural gas and non-coking coal. This have led to low production cost of DRI which is used with scrap steel to produce crude steel. Thus, the increasing production of DRI will be a key trend that will drive the growth of the electric arc furnaces market during the forecast period.”

According to the report, one of the major drivers for this market is the lower investment requirements of EAF route than BF-BOF route. Since, minimills use scrap iron to produce steel, the operating, material handling and processing cost is lesser than that of integrated steel plants. This leads to lower capital expenditure for EAF route than BF-BOF route for the same steel output, which in turn drives electric arc furnaces market growth.

Further, the report states that one of the major factors hindering the growth of this market is the downsizing of the Chinese steel industry to reduce the steel sector’s debt. The Chinese government is also shutting down several outdated and illegal steel plants to lower pollution levels in Chinese cities such as Beijing and Hebei. Since China is one of the largest producers, consumers and exporters of steel in the world, downsizing of the Chinese steel industry will negatively impact the growth of electric arc furnaces market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • DANIELI
  • IHI
  • Primetals Technologies
  • Sinosteel
  • SMS group
  • Tenova (Techint Group)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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