DUBLIN--(BUSINESS WIRE )--The "Global Iron Ore Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The iron ore market is poised to grow by 445.76 mn MT during 2022-2026, progressing at a CAGR of 3.60%.
This study identifies the high demand for steel from various end-user industries as one of the prime reasons driving the iron ore market growth during the next few years.
The market is driven by the increased seaborne iron ore trade and high production volumes from Australia, Brazil, and China.
This report on the iron ore market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The iron ore market analysis includes the product segment and geographic landscape.
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading iron ore market vendors that include Anglo American Plc, ArcelorMittal SA, Atlas Iron Pty Ltd., BHP Group plc, Fortescue Metals Group Ltd., Luossavaara Kiirunavaara AB, Metinvest B.V, Rio Tinto Ltd., The SIMEC Group, and Vale SA.
Also, the iron ore market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
5.3 Fines - Market size and forecast 2021-2026
5.4 Pellets - Market size and forecast 2021-2026
5.5 Lump - Market size and forecast 2021-2026
5.6 HBI or DRI - Market size and forecast 2021-2026
8.1.1 Increased seaborne iron ore trade
8.1.2 High production volumes from Australia, Brazil and China
8.1.3 High demand for steel from various end-user industries
8.2.2 Growing preference for carbon fiber in automotive applications
8.2.3 Volatility in iron ore prices
8.3.1 Increasing production capacities and new plants in emerging markets
8.3.2 Increased penetration of steel in industrial applications
8.3.3 Surge in consumption of cast iron products in the renewable energy segment
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
For more information about this report visit https://www.researchandmarkets.com/r/xr2mx1
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900