Blast furnace for rolling mill machine is of great importance in steel rolling process. Blast furnace smelting is the continuous production process of reducing iron ore into pig iron. Solid raw materials such as iron ore, coke and flux are fed into the blast furnace in batches by the top charging device and maintained at a certain height. Coke and ore form alternating stratified structure in the furnace. The ore material is gradually reduced and melted into iron and slag during the descent process, which is gathered in the hearth and released regularly from the iron port and slag hole.
In a blast furnace (BF) the iron oxides are reduced and the resulting iron is melted. Approximately 70% of the global steel production involves the use of BFs. Sizes of BFs installed cover a very wide spectrum, ranging from less than 100 m3 to more than 5000 m3. Larger BFs have less heat losses and enable installation of heat recovery equipment more cost effectively (IEA, 2007.p. 116).
The Blast Furnace market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Blast Furnace.
This report covers the present status and the future prospects of the global Blast Furnace market for 2015-2026.
The report offers detailed coverage of Blast Furnace industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Blast Furnace by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Noble Industrial Furnace, Can-Eng Furnaces, JPW Industrial Ovens and Furnaces, Wisconsin Oven, GRIEVE, Hanrm, Allied Mineral
Market Segment as follows:
Market by Order Type
Cold Blast Blowers
Hot Blast Ovens
Blast Furnace Breakdown Data by Application
Electronics
Automobile
Casting
Others
Blast Furnace market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Blast Furnace market for the forecast period 2021 - 2026?
• What are the driving forces in the Blast Furnace market for the forecast period 2021 - 2026?
• 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 Blast Furnace 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?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.