Market Overview:
The global micaceous hematite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel and building materials across the globe. In terms of type, fines are expected to dominate the market during the forecast period, followed by pellets. In terms of application, steel industry is expected to account for a major share of the global micaceous hematite market during 2018-2030. This can be attributed to increasing demand for steel products from various end-use industries such as automotive and construction.
Product Definition:
Micaceous hematite is a type of hematite that contains small flakes of mica. These flakes give the mineral a silvery-gray color and a shiny appearance. Micaceous hematite is an important source of iron and has many uses in industry.
Fines:
Fines is a type of clay mineral composed of magnesium and iron. It has the ability to absorb small quantities of water and expand greatly when it comes in contact with air, thereby increasing its size. Fines is also used as an abrasive for polishing purposes.
Pellets:
Pellets is a new term in the micaceous hematite market and its usage is increasing rapidly. It means solid form of iron oxide which can be used as an additive to improve color and ferro magnetism of hematite. Pellets are made from grinding raw material such as iron ore, taconite or limonite into fine particles which are then heated to make them molten.
Application Insights:
The steel industry emerged as the dominant application segment and accounted for a revenue share of more than 50.0% in 2017. The demand is expected to be driven by its use as an ore body modifier in the steel manufacturing process, which results in increased yield and reduced cost of production. In addition, global micaceous hematite market growth is likely to be propelled by its use as a refractory material owing to its superior properties such as high resistance against acids and alkalis, high thermal shock resistance along with low permeability that enhances productivity.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising steel production and construction spending. China, India, Japan, South Korea and Australia are major consumers of micaceous hematite in this region.
The European market for metallic hematite is primarily driven by growing demand from Germany on account of its flourishing steel industry coupled with a strong manufacturing sector. In addition, increasing use of micaceoushematite as an additive in paints & coatings application will drive regional product demand over the forecast period.
North America accounted for a share of more than 15% in terms of volume consumed globally owing to high steel production levels along with growing automotive industry across Mexico.
Growth Factors:
- Increasing demand from the construction and automotive industries as a result of its superior properties such as durability, heat resistance, and low weight.
- Growing awareness about the benefits of using micaceous hematite among consumers due to increasing marketing efforts by manufacturers.
- Rising disposable income levels in developing countries that are fuelling demand for premium quality products.
- Technological advancements in the production of micaceous hematite that is making it more accessible and affordable to consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micaceous Hematite Market Research Report
By Type
Fines, Pellets
By Application
Steel Industry, Building Material, Others
By Companies
Vale SA, Metso, Arya Group, CAP Group, Companhia Siderurgica Nacional, Australasian Resources, Rio Tinto, BHP Billiton, Fortescue Metals Group, Atlas Iron, Gerdau, Baotou Iron & Steel, Arrium (SIMEC), BC Iron, National Iranian Steel, Cleveland-Cliffs
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Micaceous Hematite Market Report Segments:
The global Micaceous Hematite market is segmented on the basis of:
Types
Fines, Pellets
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
Steel Industry, Building Material, Others
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:
- Vale SA
- Metso
- Arya Group
- CAP Group
- Companhia Siderurgica Nacional
- Australasian Resources
- Rio Tinto
- BHP Billiton
- Fortescue Metals Group
- Atlas Iron
- Gerdau
- Baotou Iron & Steel
- Arrium (SIMEC)
- BC Iron
- National Iranian Steel
- Cleveland-Cliffs
Highlights of The Micaceous Hematite 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:
- Fines
- Pellets
- By Application:
- Steel Industry
- Building Material
- Others
- 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 Micaceous Hematite 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?
Micaceous hematite is a type of hematite that has been heavily altered by micas. Micaceous hematite is usually dark brown to black in color and has a glassy appearance. It can be found in various locations, including Brazil, China, India, and the United States.
Some of the key players operating in the micaceous hematite market are Vale SA, Metso, Arya Group, CAP Group, Companhia Siderurgica Nacional, Australasian Resources, Rio Tinto, BHP Billiton, Fortescue Metals Group, Atlas Iron, Gerdau, Baotou Iron & Steel, Arrium (SIMEC), BC Iron, National Iranian Steel, Cleveland-Cliffs.
The micaceous hematite market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micaceous Hematite 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 Micaceous Hematite Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micaceous Hematite 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 Micaceous Hematite 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 Micaceous Hematite Market Size & Forecast, 2018-2028 4.5.1 Micaceous Hematite Market Size and Y-o-Y Growth 4.5.2 Micaceous Hematite Market Absolute $ Opportunity
Chapter 5 Global Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Type
5.2.1 Fines
5.2.2 Pellets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Applications
6.2.1 Steel Industry
6.2.2 Building Material
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micaceous Hematite 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 Micaceous Hematite 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 Micaceous Hematite Analysis and Forecast
9.1 Introduction
9.2 North America Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Type
9.6.1 Fines
9.6.2 Pellets
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 Micaceous Hematite Market Size Forecast by Applications
9.10.1 Steel Industry
9.10.2 Building Material
9.10.3 Others
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 Micaceous Hematite Analysis and Forecast
10.1 Introduction
10.2 Europe Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Type
10.6.1 Fines
10.6.2 Pellets
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 Micaceous Hematite Market Size Forecast by Applications
10.10.1 Steel Industry
10.10.2 Building Material
10.10.3 Others
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 Micaceous Hematite Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Type
11.6.1 Fines
11.6.2 Pellets
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 Micaceous Hematite Market Size Forecast by Applications
11.10.1 Steel Industry
11.10.2 Building Material
11.10.3 Others
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 Micaceous Hematite Analysis and Forecast
12.1 Introduction
12.2 Latin America Micaceous Hematite 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 Micaceous Hematite Market Size Forecast by Type
12.6.1 Fines
12.6.2 Pellets
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 Micaceous Hematite Market Size Forecast by Applications
12.10.1 Steel Industry
12.10.2 Building Material
12.10.3 Others
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) Micaceous Hematite Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micaceous Hematite 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) Micaceous Hematite Market Size Forecast by Type
13.6.1 Fines
13.6.2 Pellets
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) Micaceous Hematite Market Size Forecast by Applications
13.10.1 Steel Industry
13.10.2 Building Material
13.10.3 Others
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 Micaceous Hematite Market: Competitive Dashboard
14.2 Global Micaceous Hematite Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vale SA
14.3.2 Metso
14.3.3 Arya Group
14.3.4 CAP Group
14.3.5 Companhia Siderurgica Nacional
14.3.6 Australasian Resources
14.3.7 Rio Tinto
14.3.8 BHP Billiton
14.3.9 Fortescue Metals Group
14.3.10 Atlas Iron
14.3.11 Gerdau
14.3.12 Baotou Iron & Steel
14.3.13 Arrium (SIMEC)
14.3.14 BC Iron
14.3.15 National Iranian Steel
14.3.16 Cleveland-Cliffs