Market Overview:
The global iron ore pelletizing equipment 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 pellets from the steel industry, especially in developing countries such as China and India. In addition, rising investments in infrastructure development projects are also contributing to the growth of this market. On the basis of type, disc pelletizers accounted for a major share of the global iron ore pelletizing equipment market in 2017.
Product Definition:
Iron ore pelletizing is a process that involves taking iron ore and shaping it into small, uniform balls that are then heated until they fuse together. These pellets can then be used in the production of steel. The importance of Iron Ore Pelletizing Equipment lies in its ability to create a consistent and reliable product that can be easily transported and processed.
Disc Pelletizers (Disk Granulators):
The disc pelletizers are also known as disk granulators. It is a type of high-speed grinding machine used to granulate any solid material such as iron ore, taconite, and others. The discs are mounted on the rotating shaft which rotates at a very high speed ( typically above 8000 rpm) to impart desired size and shape to the final product.
Rotary Drum Pelletizing Equipment:
Rotary drum pelletizing equipment is used to convert ore into small pieces, which are further processed by other equipment to produce pellets. The rotary drum has a hollow interior and can hold the raw material in the form of pellets. As the feed material is passed through this machine, it is crushed and sized according to requirements. These crushed materials are then passed onto another machine for recovery of fine particles such as dust and silt.
Application Insights:
The construction segment is expected to emerge as the fastest-growing application, registering a CAGR of XX% from 2018 to 2030 owing to increasing demand for steel in residential, commercial and infrastructure buildings across various regions. The growth of the construction industry is directly related to economic development and urbanization; both are indicators of progress in a country¢â‚¬â„¢s democracy.
In terms of volume, mining was the largest application segment with over 52% share in 2017. Iron ore pelletizing equipment for mining applications includes hammer mills, rotary kilns and magnetic separation plants that utilize raw materials from open-pit or underground mines along with byproducts such as slurry waste products generated during processing operations at iron mines.
Regional Analysis:
Asia Pacific dominated the global iron ore pelletizing equipment market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 68.2% in 2016 and is anticipated to grow at a CAGR of XX% from 2017 to 2030 owing to increasing demand from developing countries such as China, India, Indonesia, Vietnam, Philippines etc., which are major consumers of pellets for their industrial activities coupled with infrastructure development activities undertaken by respective governments at domestic levels.
The growth can also be attributed to growing investments made by various companies operating in these sectors including mining companies (BHP Billiton), steel producers (Nippon Steel & Sumitomo Metal Corporation), cement manufacturers (Asian Development Bank) along with other service providers across alluvial deposits across Asia Pacific region that includes Australia.
Growth Factors:
- Growing demand from steel industry: The global steel production is expected to grow at a CAGR of around 3% during the forecast period, owing to the increasing demand from construction and automotive sectors. This will result in an increase in the demand for iron ore pellets, thereby driving the growth of the iron ore pelletizing equipment market.
- Technological advancements: The manufacturers are focusing on developing technologically advanced equipment that can offer high throughput and improved efficiency. This is likely to boost the growth of this market in the coming years.
- Rising investment by steelmakers: Steelmakers are investing heavily in new plants and modernization projects, which is expected to drivethe demand for iron ore pellets and subsequently lead to an increase in sales of pelletizing equipment over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Iron Ore Pelletizing Equipment Market Research Report
By Type
Disc Pelletizers (Disk Granulators), Rotary Drum Pelletizing Equipment
By Application
Mining, Metallurgy, Construction, Others
By Companies
Metso, FEECO International, ANDRITZ Group, Buhler, Uralmashplant, Siemens, Henan Zhengzhou Mining Machinery
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Iron Ore Pelletizing Equipment Market Report Segments:
The global Iron Ore Pelletizing Equipment market is segmented on the basis of:
Types
Disc Pelletizers (Disk Granulators), Rotary Drum Pelletizing Equipment
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
Mining, Metallurgy, Construction, 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:
- Metso
- FEECO International
- ANDRITZ Group
- Buhler
- Uralmashplant
- Siemens
- Henan Zhengzhou Mining Machinery
Highlights of The Iron Ore Pelletizing Equipment 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:
- Disc Pelletizers (Disk Granulators)
- Rotary Drum Pelletizing Equipment
- By Application:
- Mining
- Metallurgy
- Construction
- 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 Iron Ore Pelletizing Equipment 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?
Iron ore pelletizing equipment is a machine that breaks down iron ore into small, round pellets. Pellets are then heated and pressed into bars or discs that can be used in steelmaking.
Some of the major players in the iron ore pelletizing equipment market are Metso, FEECO International, ANDRITZ Group, Buhler, Uralmashplant, Siemens, Henan Zhengzhou Mining Machinery.
The iron ore pelletizing equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Iron Ore Pelletizing Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Iron Ore Pelletizing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Iron Ore Pelletizing Equipment Market - Supply Chain
4.5. Global Iron Ore Pelletizing Equipment Market Forecast
4.5.1. Iron Ore Pelletizing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Iron Ore Pelletizing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Iron Ore Pelletizing Equipment Market Absolute $ Opportunity
5. Global Iron Ore Pelletizing Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
5.3.1. Disc Pelletizers (Disk Granulators)
5.3.2. Rotary Drum Pelletizing Equipment
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Iron Ore Pelletizing Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Metallurgy
6.3.3. Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Iron Ore Pelletizing Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Iron Ore Pelletizing Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Iron Ore Pelletizing Equipment Demand Share Forecast, 2019-2026
9. North America Iron Ore Pelletizing Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Metallurgy
9.4.3. Construction
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
9.7.1. Disc Pelletizers (Disk Granulators)
9.7.2. Rotary Drum Pelletizing Equipment
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Iron Ore Pelletizing Equipment Demand Share Forecast, 2019-2026
10. Latin America Iron Ore Pelletizing Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Metallurgy
10.4.3. Construction
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
10.7.1. Disc Pelletizers (Disk Granulators)
10.7.2. Rotary Drum Pelletizing Equipment
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Iron Ore Pelletizing Equipment Demand Share Forecast, 2019-2026
11. Europe Iron Ore Pelletizing Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Metallurgy
11.4.3. Construction
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
11.7.1. Disc Pelletizers (Disk Granulators)
11.7.2. Rotay Drum Pelletizing Equipment
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Iron Ore Pelletizing Equipment Demand Share, 2019-2026
12. Asia Pacific Iron Ore Pelletizing Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Metallurgy
12.4.3. Construction
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
12.7.1. Disc Pelletizers (Disk Granulators)
12.7.2. Rotary Drum Pelletizing Equipment
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Iron Ore Pelletizing Equipment Demand Share, 2019-2026
13. Middle East & Africa Iron Ore Pelletizing Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Iron Ore Pelletizing Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Metallurgy
13.4.3. Construction
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Iron Ore Pelletizing Equipment Market Size and Volume Forecast by Type
13.7.1. Disc Pelletizers (Disk Granulators)
13.7.2. Rotary Drum Pelletizing Equipment
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Iron Ore Pelletizing Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Iron Ore Pelletizing Equipment Market: Market Share Analysis
14.2. Iron Ore Pelletizing Equipment Distributors and Customers
14.3. Iron Ore Pelletizing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Metso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FEECO International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ANDRITZ Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Buhler
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uralmashplant
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Henan Zhengzhou Mining Machinery
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook