Merchant Pig Iron Market – By Type (Basic, High Purity, and Foundry), By Production Facility Type (Dedicated Merchant Plants and Integrated Steel Mills), and By End-User (Engineering & Industrial, Automobile, Railways, Agriculture & Tractor, Power Generation, Pipes & Fittings, Sanitary & Decorative, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2027

  • Product Code:
    RP-ID-10172729
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    110
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-37

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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The report covers a forecast and an analysis of the merchant pig iron market on a global and regional level. The study provides historical data from 2013 to 2018 and a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the merchant pig iron market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the merchant pig iron market on a global level.
In order to give the users of this report a comprehensive view of the merchant pig iron market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.
The study provides a decisive view of the merchant pig iron market by segmenting it based on type, production facility type, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The most significant growth factor driving the merchant pig iron market is the increasing rate of steel manufacturing in blast furnaces. There is a high demand for steel, especially in urban cities that results in the increasing demand for merchant pig iron. It is cast into ingots. These ingots are then sold to companies and industries that use it as a raw material for ferrous casting and steel. In addition, the market for merchant pig iron is also fuelled by the rising product demand for casting components that are widely used by engineering and automotive industries.
By type, the market is categorized into high purity, foundry, and basic pig iron. Based on production facility type, the market is sectored into dedicated merchant plants and integrated steel mills. The end-user segment includes automobile, engineering and industrial, pipes and fittings, sanitary and decorative, power generation, agriculture and tractor, railways, and others.
Key players operating in the merchant pig iron market are Baosteel, Benxi Steel, Cleveland-Cliffs, Donetsk Metallurgical Plant, KOBE Steel, Tata Metaliks, Maritime Iron, Metinvest, DXC Technology, Metalloinvest MC, Severstal, and Industrial Metallurgical Holding, among others.


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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