Direct Reduced Iron Market Size & Share by Forms (Pellets, Lumps); Production Process (Gas Based, Coal Based); Application (Steel Making, Construction) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 4416
  • Published Date: Dec 08, 2023
  • Report Format: PDF, PPT

Direct Reduced Iron Market TOC

  1. An Outline of the Global Direct Reduced Iron Market
    1. Market Definition
    2. Market Segmentation
    3. Industry Overview
  2. Assumptions & Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturers
      2. Suppliers/ Distributors
      3. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of Market Constituents
    1. Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
    1. Based on the form
    2. Based on the production process
    3. Based on the application
    4. Based on the geographical presence
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation: How they would aid business?
  10. Industry Risk Analysis
  11. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Direct Reduced Iron Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
    3. Impact of Recession on the Global economy
  12. Industry Supply Chain Analysis
  13. Patent Analysis
  14. Comparative feature analysis
  15. EXIM Analysis of Ferrous Products Obtained by Direct Reduction of Iron Ore
  16. Analysis on Technology used in DRI Production
  17. Analysis on the Type of Refractory
    1. Acidic
    2. Basic
    3. Neutral
  18. Types and Characteristics of Raw Materials used in Refractory Manufacture
  19. Analysis of the Refractories Used in Various Industries
  20. Recent Trend of using DRI Shaft furnaces in Combination with EAF Furnaces for Steel Production
    1. Expansion of ironmaking process using iron scrap
    2. Others
  21. SWOT Analysis
  22. PEST Analysis
  23. Porter Five Forces Analysis
  24. Analysis of Details of Direct Reduction of Iron Plants
  25. Competitive Positioning: Strategies to differentiate a company from its competitors
    1. Gallantt Group of Industries
    2. Nucor Corporation
    3. Jindal Shadeed Iron & Steel
    4. Tosyali Algerie
    5. Suez Steel Co.
    6. JFE Steel Corporation
    7. Tata Steel
    8. JSW Group
    9. SABIC
    10. Welspun Group
  26. Competitive Model: A Detailed Inside View for Investors
    1. Market share of major companies profiled, 2023
    2. Business Profiles of Key Enterprises
      1. Detailed overview
      2. Assessment of key offering
      3. Analysis of growth strategies
      4. Exhaustive analysis on key financial indicators
      5. Recent developments and strategies
    3. Gallantt Group of Industries
    4. Nucor Corporation
    5. Jindal Shadeed Iron & Steel
    6. Tosyali Algerie
    7. Suez Steel Co.
    8. JFE Steel Corporation
    9. Tata Steel
    10. JSW Group
    11. SABIC
    12. Welspun Group
  27. Global Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Market Revenue by Volume (Million Tons)
    4. Year-on-Year (Y-o-Y) Growth Trend Analysis
  28. Global Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellet, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  29. Global Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  30. Global Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  31. Market Overview
    1. Market Revenue by Value (USD Million), Volume (Million Tons), and Compound Annual Growth Rate (CAGR)
    2. Year-on-Year (Y-o-Y) Growth Comparative Analysis
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East and Africa
    3. Cross Analysis of Form w.r.t. Application (USD Million), 2023-2036
  32. North America Direct Reduced Iron Market Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Overview
    2. Analysis on Govt. Guidelines, Technology in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    4. Market Revenue by Volume (Million Tons)
    5. Year-on-Year (Y-o-Y) Growth Trend Analysis
  33. North America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellets, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  34. North America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  35. North America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  36. North America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
    1. United States, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2033F
    2. Canada, Market Value (USD Million), Volume (Million Tons) CAGR & Y-o-Y Growth Trend, 2023- 2033F
  37. Europe Direct Reduced Iron Market Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Overview
    2. Analysis on Govt. Guidelines, Technology in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    4. Market Revenue by Volume (Million Tons)
    5. Year-on-Year (Y-o-Y) Growth Trend Analysis
  38. Europe Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellets, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  39. Europe Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  40. Europe Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  41. Europe Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
    1. UK, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    2. France, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    3. Spain, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    4. Italy, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    5. Germany, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    6. NORDIC, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    7. Russia, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
    8. Rest of Europe, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023- 2036F
  42. Asia Pacific Direct Reduced Iron Market Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Overview
    2. Analysis on Govt. Guidelines, Technology in the Region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    4. Market Revenue by Volume (Million Tons)
    5. Year-on-Year (Y-o-Y) Growth Trend Analysis
  43. Asia Pacific Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellets, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  44. Asia Pacific Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  45. Asia Pacific Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  46. Asia Pacific Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
    1. China, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. India, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Singapore, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    4. Japan, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    5. South Korea, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    6. Australia, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    7. Malaysia, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    8. Thailand, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    9. Vietnam, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    10. Rest of Asia Pacific, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  47. Latin America Direct Reduced Iron Market Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Overview
    2. Analysis on Govt. Guidelines, Technology in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    4. Market Revenue by Volume (Million Tons)
    5. Year-on-Year (Y-o-Y) Growth Trend Analysis
  48. Latin America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellets, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  49. Latin America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  50. Latin America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  51. Latin America Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
    1. Brazil, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Mexico, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Argentina, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    4. Rest of Latin America, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036
  52. Middle East & Africa Direct Reduced Iron Market Demand Outlook & Projections, 2023 to 2036: A Comprehensive Study for Stakeholders
    1. Market Overview
    2. Analysis on Govt. Guidelines, Technology in the region & Impact on Y-O-Y Revenue
    3. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    4. Market Revenue by Volume (Million Tons)
    5. Year-on-Year (Y-o-Y) Growth Trend Analysis
  53. Middle East and Arica Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Form, 2023-2036
    1. Pellets, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Lumps, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. Others, Market Value (USD Million) & Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
  54. Middle East and Arica Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Production Process, 2023-2036
    1. Gas-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Coal-based, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  55. Middle East and Arica Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Application, 2023-2036
    1. Steel Making, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Construction, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2023-2036F
  56. Middle East & Africa Direct Reduced Iron Market Outlook & Projections, Opportunity Assessment by Country, 2023-2036
    1. GCC, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    2. Israel, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    3. South Africa, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F
    4. Rest of the Middle East and Africa, Market Value (USD Million), Volume (Million Tons), CAGR & Y-o-Y Growth Trend, 2023-2036F

 


Companies Dominating the Direct Reduced Iron Landscape

top-features-companies
    • Gallantt Group of Industries
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Nucor Corporation
    • Jindal Shadeed Iron & Steel
    • Tosyali Algerie
    • Suez Steel Co.
    • Qatar Steel
    • JFE Steel Corporation
    • Tata Steel
    • JSW Group
    • ArcelorMittal
    • SABIC
    • Welspun Group

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • IBM and JFE Steel have entered into a partnership in September 2023 with the aim of providing JAVA's mAIster and fault recovery systems, supported by IBM Watson AL. It was initially designed for the application of JFE steel itself in domestic and international markets but has now been extended to include such applications.
  • By buying the majority of Voestalpine's shares in Texas, ArcelorMittal made a deal to acquire Voestalpine in 2022. Acquiring the HBI facilities is an essential component of this acquisition. It's the kind of iron that is directly reduced.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4416
  • Published Date: Dec 08, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are surge in demand for eco-friendly products that emit less greenhouse gases, growing integration of Industry 4.0 and integration of gas based direct technologies.

The market size of enhanced geothermal systems is anticipated to attain a CAGR of 9.26% over the forecast period, i.e., 2023-2035.

The major players in the market are Suez Steel Co., Qatar Steel, JFE Steel Corporation, Tata Steel, JSW Group, ArcelorMittal, SABIC, Welspun Group., and others.

The pellets segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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