Market Overview:
The global copper staves for blast furnaces market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for copper staves from the foundry and smelter industries. Based on type, the global copper staves for blast furnaces market has been segmented into smooth copper stave, brick-inlaid copper cooling stave, and other copper stave. The other Copper Stave segment is expected to account for a major share of the global market during the forecast period owing to its growing popularity among end users. By application, the foundry industry accounted for a major share of the global market in 2017 and is projected to dominate throughoutthe forecast period. This can be attributedtothe increasing demand from developing countries such as Chinaand Indiafor cast products used in various end-use industries such as automotive and construction.
Product Definition:
A copper stave is a metal bar or rod that is inserted into the blast furnace to help heat and melt the iron ore. The copper staves are important because they help to create a strong and consistent flame in the blast furnace, which helps to produce high-quality iron ore.
Smooth Copper Stave:
Smooth copper stave is a type of metal stave used in the interior of blast furnace. It helps to regulate the temperature and speed of charging and discharging cargoes within furnace. The growth factor for smooth copper stave market is that it can be made from recycled material, which reduces its cost significantly as compared to its substitute products such as hard steel or iron.
Brick-Inlaid Copper Cooling Stave:
Brick-inlaid copper cooling stave is a heat exchanger made of bricks and fitted with an inlet, outlet, and one or more intermediate chambers. It is used to cool the hot metal received from the smelter during casting processes in copper furnaces. The product has applications across various industries including power generation, oil & gas processing industry among others.
Application Insights:
The demand for copper staves is expected to witness growth in the engineering and maintenance company segment owing to its high strength and durability. Copper staves are widely used in various applications including foundry, smelter, blast furnace builder, steelmaking company and others such as building & construction industry. In addition to being used as a raw material by these companies, copper is also utilized by them as an intermediate product during the manufacturing process of various products such as bars & rods (for further processing), refined metals (for further use) along with other byproducts such double-conversion materials (DCM).
In terms of revenue, foundry application dominated the global copper staves for blast furnaces market with a share of 35.1% in 2017 on account of extensive usage across globe coupled with increasing demand from emerging economies like China India Indonesia etc which are at present expanding their industrial sector at a rapid pace.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing steel production in China, India, Japan, South Korea, and Taiwan. In addition, rising investments by governments for expanding steel production capacity are anticipated to fuel industry expansion over the next eight years.
The demand for copper staves from Europe is likely to witness moderate growth owing to a significant reduction in new construction projects as well as other activities such as manufacturing or exploration of minerals since 2008-09 economic recession. However; steady recovery of industrial activities coupled with growing infrastructure development may provide a slight boost during 2018-19 fiscal year for copper staves demand from Europe market place.
North America accounted for more than 20% share of overall revenue in 2017 on account that U.S.
Growth Factors:
- Increasing demand for copper from various end-use industries such as construction, automotive, electrical and electronics, etc. is expected to drive the growth of the copper staves for blast furnaces market over the forecast period.
- Rising investments in infrastructure development projects across the globe is anticipated to boost the demand for copper staves for blast furnaces in near future.
- Growing awareness about benefits of using copper staves over traditional materials such as cast iron is projected to fuel the growth of this market during forecast period.
- Technological advancements in manufacturing process of copper staves are likely to propel their demand over next few years. 5 Emerging economies are expected to offer lucrative opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Copper Staves for Blast Furnaces Market Research Report
By Type
Smooth Copper Stave, Brick-Inlaid Copper Cooling Stave, Other Copper Stave
By Application
Foundry, Smelter, Blast Furnace Builder, Steelmaking Company, Engineering and Maintenance Company, Other
By Companies
Luvata (Mitsubishi Materials), KME, Primetals, Nippon Steel, Mettop GmbH, Metallist, HZC Solutions, L&T Construction, Seoul Engineering Co Ltd, Liaoning Xi Gang Metallurgucal Equipment Co Ltd, Luvata (Mitsubishi Materials)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Copper Staves for Blast Furnaces Market Report Segments:
The global Copper Staves for Blast Furnaces market is segmented on the basis of:
Types
Smooth Copper Stave, Brick-Inlaid Copper Cooling Stave, Other Copper Stave
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foundry, Smelter, Blast Furnace Builder, Steelmaking Company, Engineering and Maintenance Company, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luvata (Mitsubishi Materials)
- KME
- Primetals
- Nippon Steel
- Mettop GmbH
- Metallist
- HZC Solutions
- L&T Construction
- Seoul Engineering Co Ltd
- Liaoning Xi Gang Metallurgucal Equipment Co Ltd
- Luvata (Mitsubishi Materials)
Highlights of The Copper Staves for Blast Furnaces Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smooth Copper Stave
- Brick-Inlaid Copper Cooling Stave
- Other Copper Stave
- By Application:
- Foundry
- Smelter
- Blast Furnace Builder
- Steelmaking Company
- Engineering and Maintenance Company
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Copper Staves for Blast Furnaces Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Copper staves are used in blast furnaces to direct the heat and molten metal towards the furnace's working area.
Some of the key players operating in the copper staves for blast furnaces market are Luvata (Mitsubishi Materials), KME, Primetals, Nippon Steel, Mettop GmbH, Metallist, HZC Solutions, L&T Construction, Seoul Engineering Co Ltd, Liaoning Xi Gang Metallurgucal Equipment Co Ltd, Luvata (Mitsubishi Materials).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Copper Staves for Blast Furnaces Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Copper Staves for Blast Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Copper Staves for Blast Furnaces Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Copper Staves for Blast Furnaces Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Copper Staves for Blast Furnaces Market Size & Forecast, 2018-2028
4.5.1 Copper Staves for Blast Furnaces Market Size and Y-o-Y Growth
4.5.2 Copper Staves for Blast Furnaces Market Absolute $ Opportunity
Chapter 5 Global Copper Staves for Blast Furnaces Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Copper Staves for Blast Furnaces Market Size Forecast by Type
5.2.1 Smooth Copper Stave
5.2.2 Brick-Inlaid Copper Cooling Stave
5.2.3 Other Copper Stave
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Copper Staves for Blast Furnaces Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Copper Staves for Blast Furnaces Market Size Forecast by Applications
6.2.1 Foundry
6.2.2 Smelter
6.2.3 Blast Furnace Builder
6.2.4 Steelmaking Company
6.2.5 Engineering and Maintenance Company
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Copper Staves for Blast Furnaces Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Copper Staves for Blast Furnaces Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Copper Staves for Blast Furnaces Analysis and Forecast
9.1 Introduction
9.2 North America Copper Staves for Blast Furnaces Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Copper Staves for Blast Furnaces Market Size Forecast by Type
9.6.1 Smooth Copper Stave
9.6.2 Brick-Inlaid Copper Cooling Stave
9.6.3 Other Copper Stave
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Copper Staves for Blast Furnaces Market Size Forecast by Applications
9.10.1 Foundry
9.10.2 Smelter
9.10.3 Blast Furnace Builder
9.10.4 Steelmaking Company
9.10.5 Engineering and Maintenance Company
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Copper Staves for Blast Furnaces Analysis and Forecast
10.1 Introduction
10.2 Europe Copper Staves for Blast Furnaces Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Copper Staves for Blast Furnaces Market Size Forecast by Type
10.6.1 Smooth Copper Stave
10.6.2 Brick-Inlaid Copper Cooling Stave
10.6.3 Other Copper Stave
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Copper Staves for Blast Furnaces Market Size Forecast by Applications
10.10.1 Foundry
10.10.2 Smelter
10.10.3 Blast Furnace Builder
10.10.4 Steelmaking Company
10.10.5 Engineering and Maintenance Company
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Copper Staves for Blast Furnaces Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Copper Staves for Blast Furnaces Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Copper Staves for Blast Furnaces Market Size Forecast by Type
11.6.1 Smooth Copper Stave
11.6.2 Brick-Inlaid Copper Cooling Stave
11.6.3 Other Copper Stave
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Copper Staves for Blast Furnaces Market Size Forecast by Applications
11.10.1 Foundry
11.10.2 Smelter
11.10.3 Blast Furnace Builder
11.10.4 Steelmaking Company
11.10.5 Engineering and Maintenance Company
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Copper Staves for Blast Furnaces Analysis and Forecast
12.1 Introduction
12.2 Latin America Copper Staves for Blast Furnaces Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Copper Staves for Blast Furnaces Market Size Forecast by Type
12.6.1 Smooth Copper Stave
12.6.2 Brick-Inlaid Copper Cooling Stave
12.6.3 Other Copper Stave
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Copper Staves for Blast Furnaces Market Size Forecast by Applications
12.10.1 Foundry
12.10.2 Smelter
12.10.3 Blast Furnace Builder
12.10.4 Steelmaking Company
12.10.5 Engineering and Maintenance Company
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Copper Staves for Blast Furnaces Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Copper Staves for Blast Furnaces Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Copper Staves for Blast Furnaces Market Size Forecast by Type
13.6.1 Smooth Copper Stave
13.6.2 Brick-Inlaid Copper Cooling Stave
13.6.3 Other Copper Stave
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Copper Staves for Blast Furnaces Market Size Forecast by Applications
13.10.1 Foundry
13.10.2 Smelter
13.10.3 Blast Furnace Builder
13.10.4 Steelmaking Company
13.10.5 Engineering and Maintenance Company
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Copper Staves for Blast Furnaces Market: Competitive Dashboard
14.2 Global Copper Staves for Blast Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luvata (Mitsubishi Materials)
14.3.2 KME
14.3.3 Primetals
14.3.4 Nippon Steel
14.3.5 Mettop GmbH
14.3.6 Metallist
14.3.7 HZC Solutions
14.3.8 L&T Construction
14.3.9 Seoul Engineering Co Ltd
14.3.10 Liaoning Xi Gang Metallurgucal Equipment Co Ltd
14.3.11 Luvata (Mitsubishi Materials)
