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Global Basic Oxygen Furnaces Market Growth 2025-2031

Published Oct 01, 2025
Length 102 Pages
SKU # LPI20432144

Description

The global Basic Oxygen Furnaces market size is predicted to grow from US$ 4712 million in 2025 to US$ 6690 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

United States market for Basic Oxygen Furnaces is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Basic Oxygen Furnaces is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Basic Oxygen Furnaces is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Basic Oxygen Furnaces players cover Atlas Tube, Air Products, Magnezit Group, Nippon Steel & Sumikin Engineering, AMETEK Land, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Basic Oxygen Furnaces Industry Forecast” looks at past sales and reviews total world Basic Oxygen Furnaces sales in 2024, providing a comprehensive analysis by region and market sector of projected Basic Oxygen Furnaces sales for 2025 through 2031. With Basic Oxygen Furnaces sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Basic Oxygen Furnaces industry.

This Insight Report provides a comprehensive analysis of the global Basic Oxygen Furnaces landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Basic Oxygen Furnaces portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Basic Oxygen Furnaces market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Basic Oxygen Furnaces and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Basic Oxygen Furnaces.

This report presents a comprehensive overview, market shares, and growth opportunities of Basic Oxygen Furnaces market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
BF-FOF
EAF

Segmentation by Application:
Steel Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Atlas Tube
Air Products
Magnezit Group
Nippon Steel & Sumikin Engineering
AMETEK Land
McKeown International

Key Questions Addressed in this Report

What is the 10-year outlook for the global Basic Oxygen Furnaces market?

What factors are driving Basic Oxygen Furnaces market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Basic Oxygen Furnaces market opportunities vary by end market size?

How does Basic Oxygen Furnaces break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

102 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Basic Oxygen Furnaces by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Basic Oxygen Furnaces by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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