Market Overview:
The global red hematite market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel and pigments across the globe. Additionally, rising awareness about the benefits of using red hematite as a pigment is also propelling the growth of this market. Some of the major factors that are restraining the growth of this market are high price volatility and limited availability of raw materials. On basis on type, fines segment is anticipated to hold dominant position in global red hematite market over forecast period owing higher adoption rate in various applications such as steel and pigments production globally .Whereas pellets type segment is projected register highest CAGR over forecast period due growing demand from Asia Pacific region particularly China & India . On basis on application, steel segment accounted for largest share in 2017 and it projected witness highest CAGR over next decade owing rapid industrialization & urbanization across globe .
Product Definition:
Red hematite is a mineral form of iron oxide. It is commonly found in earth's crust and has a reddish-brown color. Red hematite is used as an ore of iron and has various industrial uses.
Fines:
Fines is a natural mineral, which occurs in the form of small pieces and is found in the sedimentary rocks. It has a crystalline structure with an appearance similar to red hematite. Fines consists of iron oxide (Fe2O3) along with other minerals such as magnetite (Fe3O4), silicoferrite (SiO2), and limonite (Fe2+).
Pellets:
Pellets is a type of hematite, iron oxide mineral. It has high content of iron and low content of magnesium. The chemical composition varies with the different forms of hematite including goethite, limonite, siderite and others.
Application Insights:
Steel emerged as the dominant application segment and accounted for a revenue share of 78.2% in 2017. The pigment is used as an additive in steel production to improve its mechanical properties, such as strength, hardness, wear resistance and toughness. In addition, it is also used to increase the yield point of the steel making process by improving cooling rates during solidification.
The demand for hematite pigments from various end-use industries including automotive & transportation and construction are expected to propel over the forecast period owing to their ability to provide excellent coloring effects while maintaining high corrosion resistance compared with other colors used in these applications.
Hematite has been traditionally utilized for centuries across several industries including oil & gas exploration due largely to its magnetic properties which have facilitated easy detection of iron formations underground thereby boosting its utilization across these sectors over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing steel production and pigment demand in emerging economies, such as China and India. In addition, rising infrastructure spending coupled with growing industrialization is likely to drive hematite red raw material demand over the next eight years.
The European market was valued at USD X million in 2017 owing to high steel production rates coupled with stringent environmental regulations by organizations like OSPREY and REACH regarding air quality emissions from crude steel manufacturing processes. These factors are anticipated to augment product consumption across Europe during the forecast period.
Growth Factors:
- Increasing demand from the automotive and construction industries for Red Hematite as a pigment in paints and coatings.
- Growing popularity of Red Hematite as an ornamental stone due to its unique red coloration.
- Rising demand for Red Hematite in the manufacture of high-quality steel alloys and other metal products.
- Increasing use of Red Hematite in medical applications such as radiation shielding, bone grafts, and prosthetics implants.
Scope Of The Report
Report Attributes
Report Details
Report Title
Red Hematite Market Research Report
By Type
Fines, Pellets
By Application
Steel, Pigment, 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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Red Hematite Market Report Segments:
The global Red 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, Pigment, 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 Red 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
- Pigment
- 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 Red 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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- Correctly Positioning New Products
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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?
Red Hematite is a mineral that is composed of iron oxide. It can be found in various locations around the world, but it is most commonly found in India and Brazil.
Some of the key players operating in the red 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 red hematite market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Red 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 Red Hematite Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Red 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 Red 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 Red Hematite Market Size & Forecast, 2018-2028
4.5.1 Red Hematite Market Size and Y-o-Y Growth
4.5.2 Red Hematite Market Absolute $ Opportunity
Chapter 5 Global Red 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 Red Hematite Market Size Forecast by Type
5.2.1 Fines
5.2.2 Pellets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Red 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 Red Hematite Market Size Forecast by Applications
6.2.1 Steel
6.2.2 Pigment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Red 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 Red 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 Red Hematite Analysis and Forecast
9.1 Introduction
9.2 North America Red 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 Red 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 Red Hematite Market Size Forecast by Applications
9.10.1 Steel
9.10.2 Pigment
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 Red Hematite Analysis and Forecast
10.1 Introduction
10.2 Europe Red 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 Red 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 Red Hematite Market Size Forecast by Applications
10.10.1 Steel
10.10.2 Pigment
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 Red Hematite Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Red 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 Red 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 Red Hematite Market Size Forecast by Applications
11.10.1 Steel
11.10.2 Pigment
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 Red Hematite Analysis and Forecast
12.1 Introduction
12.2 Latin America Red 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 Red 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 Red Hematite Market Size Forecast by Applications
12.10.1 Steel
12.10.2 Pigment
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) Red Hematite Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Red 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) Red 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) Red Hematite Market Size Forecast by Applications
13.10.1 Steel
13.10.2 Pigment
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 Red Hematite Market: Competitive Dashboard
14.2 Global Red 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
