Iron Ore Pellets Market Growth Potential & Forecast, 2019 – 2025 - PowerPoint PPT Presentation

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Iron Ore Pellets Market Growth Potential & Forecast, 2019 – 2025

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Iron Ore Pellets Market size will develop rapidly from 2019 to 2025 owing to rising steel production across the globe which is required in various end-use industries including automotive, aerospace & defense and construction. Iron ore pellets are extensively used in steel manufacturing. – PowerPoint PPT presentation

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Date added: 27 September 2019
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Title: Iron Ore Pellets Market Growth Potential & Forecast, 2019 – 2025


1
Iron Ore Pellets Market Size will witness a rapid
growth to 2025
2
Key Insights Iron Ore Pellets Market
  • Automotive industry is developing at an
    escalating rate in the emerging economies. China
    is the worlds largest automotive manufacturer
    and has witnessed a significant growth in the
    last five years. Whereas, over the same period,
    India has shown significant improvement in
    year-on-year rate in automotive production. Over
    the last decade, governments in emerging
    countries have formulated and implemented several
    policies aimed towards the development of
    automotive sector in the region. It has resulted
    in huge investments in the region from several
    world-renowned automotive manufacturers. This has
    also led to improvements in the existing
    automotive production standards in these
    countries. Application of steel in automotive
    sector includes bus bodies, car-doors,
    lightweight fuel-tank, motor shaft, bicycle rim,
    motorcycle, truck protector, silencer wool,
    fuel-filler neck, motorcycle frame, etc. As steel
    is widely used in automotive industry,
    developments in this sector will drive the iron
    ore pellets market demand across the globe.

3
Continued
  • United States of America is the largest spender
    and manufacturer in aerospace defense sector.
    Volatile political condition across the world has
    resulted in several developed and developing
    countries to invest in their respective defense
    sector. This has fueled the demand for fighter
    jets and other defense aircrafts. Furthermore,
    rising number of air passengers have generated
    numerous new orders for commercial aircrafts. As
    per Boeing, one of the worlds largest aircraft
    manufacturers, more than 35,000 aircrafts will be
    manufactured over a period of two decades, aiming
    towards fulfilling the rising aircraft demand.
    The growth of aerospace defense sector will
    propel the iron ore pellets market demand owing
    to the extensive use of steel in aircraft
    manufacturing. Steel is widely used in aerospace
    defense sector for fuel tanks, structural
    parts, high-temperature components, exhaust
    components, etc.

4

Latest Research Iron Ore Pellets Market_at_
https//www.gminsights.com/industry-analysis/iro
n-ore-pellets-market Request for a table of
contents this research report _at_ https//www.gmins
ights.com/request-toc/upcoming/4084
5
Market research reports Key analytical components

6
Major Companies in Iron Ore Pellets Market
  • Vale
  • Metso Corporation
  • LKAB
  • Arya Group
  • Metalloinvest MC
  • Iron Ore Company
  • Simec Group

7
Regional Insights Iron Ore Pellets Market

United States of America is the largest spender
and manufacturer in aerospace defense sector.
Volatile political condition across the world has
resulted in several developed and developing
countries to invest in their respective defense
sector. This has fueled the demand for fighter
jets and other defense aircrafts. Furthermore,
rising number of air passengers have generated
numerous new orders for commercial aircrafts. As
per Boeing, one of the worlds largest aircraft
manufacturers, more than 35,000 aircrafts will be
manufactured over a period of two decades, aiming
towards fulfilling the rising aircraft demand.
The growth of aerospace defense sector will
propel the iron ore pellets market demand owing
to the extensive use of steel in aircraft
manufacturing. Steel is widely used in aerospace
defense sector for fuel tanks, structural
parts, high-temperature components, exhaust
components, etc.
8
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