The International Billet Casters market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 to 2025.
Billet Casters are the machine that process whereby molten metal is solidified into a \"semifinished\" billet for subsequent rolling in the finishing mills.
In the coming years there is an increasing demand for Billet Casters in the regions of China and some developing countries that is expected to drive the market for more Billet Casters. Growth in recovery of steel mill industry, increasing of petrochemical & general industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Billet Casters in developing countries will drive growth in global market.
Globally, the Billet Casters industry market is concentrated as the manufacturing technology of Billet Casters is relatively mature. And some enterprises, like Danieli, Primetals, SMS, etc. are well-known for the wonderful performance of their Billet Casters and related services. At the same time, China, occupied 25% sales market share in 2018, is remarkable in the global Billet Casters industry because of the lowest costs of the raw material and labor.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
As the report focuses on global Billet Casters market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In market segmentation by manufacturers, the report covers the following companies-
Danieli
Primetals
SMS Group
Sino-Heavymach
Alfred Wertli AG
JP Steel Plantech Co
CCTEC
Sarralle
Electrotherm
In market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types covers:
100-150mm
150-200mm
In market segmentation by applications :
Large Steel Mill
Small Steel Mill
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Billet Casters market for the forecast period 2020 - 2025?
• What are the driving forces in the Billet Casters market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Billet Casters industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?