According to a market report by Lucintel, the future of the global iron ore concentrate market looks promising with opportunities in the sponge iron and magnetic material markets. The global iron ore concentrate market is expected to grow with a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are rising demand in the steel industry and growing urbanization, especially in emerging economies.
A more
than 150-page report to understand trends, opportunity and forecast in global iron
ore concentrate market to 2030 by type (magnetic separation, flotation
separation, gravity separation, and others), application (sponge iron, magnetic
material, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that magnetic separation is expected to witness highest growth over
the forecast period due to efficient iron ore extraction.
Within
this market, steel production will remain the highest segment due to iron ores
role in steelmaking.
Download
sample by clicking on iron ore
concentrate market.
APAC is
expected to witness highest growth over the forecast period due to robust steel
industry demand in this region.
Metinvest,
Metalloinvest, Iron Ore Company, Champion Iron, ERG, ArcelorMittal, Tacora,
Fortress Minerals, Mikhailovsky, Lingyuan Iron & Steel are the major
suppliers in the iron ore
concentrate market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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