Iron Ore Pellets - Global Market Outlook (2019-2027)

Iron Ore Pellets - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Iron Ore Pellets Market is accounted for $64.50 billion in 2019 and is expected to reach $115.03 billion by 2027 growing at a CAGR of 7.5% during the forecast period. Some of the key factors propelling the market growth include rising product demand from the steel industry, growing commercial, residential, & other construction projects, rising concerns over carbon footprint and efforts to reduce GHG emission. However, fluctuating prices of raw materials is restraining the iron ore pellets market. Moreover, growing automotive and construction industries across the world will create demand for steel, which will again provide an opportunity to manufacturers of pellets.

Iron ore pellets are one of the essential raw materials used by the steel industry for steel production. These pellets help in the rapid expansion of the steel sector as well as assist in sustaining the global economy. Iron ore pellets have good physical and metallurgical properties, owing to which, they are a vital raw material for different types of iron and steel production. Superior properties of iron ore pellets as compared to traditional iron ore feed materials as lump overs and sinter feed and environmental benefits of iron ore pellets in iron & steel making processes.

By product, blast furnace (BF) pellets segment is anticipated to grow at the significant rate during the forecast period. It is a lower grade product when compared to iron pellets used in Direct Reduced (DR) method, and therefore has a lower cost compared to its counterpart. Blast furnace method is usually found in integrated steel plants. Lower cost of these iron ore pellets, coupled with abundance of integrated steel plants found in developed economies, is the primary factor boosting the growth of the BF segment.

On the basis of geography, Asia Pacific region is anticipated to witness the considerable growth over the forecast period. This is attributed to a large steel manufacturing base of China. According to the World Steel Association, China alone produced approximately 53.3% of the global crude steel in 2019. Moreover, quick and effective recovery of China from COVID-19 pandemic in 2020 is likely to benefit the market growth in the country as various parts in China have already begun their manufacturing activities.

Some of the key players in iron ore pellets market include SIMEC Group, Bahrain Steel, Xindia Steels Ltd, Iron Ore Company of Canada, Anglo American, Fortescue Metals, ArcelorMittal, Metso Corporation, Vale, Rio Tinto, Samarco, Ternium, Cleveland-Cliffs, BHP Billiton, FERREXPO, Metalloinvest, LKAB, NMDC Limited, Jindal SAW Ltd, and Arya Group.

Trades Covered:
• Seaborne
• Captive

Products Covered:
• Direct Reduced (DR) Iron Ore Pellet
• Blast Furnace (BF) Iron Ore Pellet

Iron Content Covered:
• Magnetite
• Hematite

Applications Covered:
• Iron Based Chemicals
• Steel Production

Technologies Covered:
• Balling Technology
• Steelmaking Technology

Pelletizing Processes Covered:
• Grate Kiln (GK)
• Travelling Grate (TG)

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Technology Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Iron Ore Pellets Market, By Trade
5.1 Introduction
5.2 Seaborne
5.3 Captive
6 Global Iron Ore Pellets Market, By Product
6.1 Introduction
6.2 Direct Reduced (DR) Iron Ore Pellet
6.3 Blast Furnace (BF) Iron Ore Pellet
7 Global Iron Ore Pellets Market, By Iron Content
7.1 Introduction
7.2 Magnetite
7.3 Hematite
8 Global Iron Ore Pellets Market, By Application
8.1 Introduction
8.2 Iron Based Chemicals
8.3 Steel Production
9 Global Iron Ore Pellets Market, By Technology
9.1 Introduction
9.2 Balling Technology
9.2.1 Balling Disc
9.2.2 Balling Drum
9.3 Steelmaking Technology
9.3.1 Electric Induction Furnace (EIF)
9.3.2 Oxygen Based/Blast Furnace
9.3.3 Electric Arc Furnace (EAF)
10 Global Iron Ore Pellets Market, By Pelletizing Process
10.1 Introduction
10.2 Grate Kiln (GK)
10.3 Travelling Grate (TG)
11 Global Iron Ore Pellets Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 SIMEC Group
13.2 Bahrain Steel
13.3 Xindia Steels Ltd
13.4 Iron Ore Company of Canada
13.5 Anglo American
13.6 Fortescue Metals
13.7 ArcelorMittal
13.8 Metso Corporation
13.9 Vale
13.10 Rio Tinto
13.11 Samarco
13.12 Ternium
13.13 Cleveland-Cliffs
13.14 BHP Billiton
13.15 FERREXPO
13.16 Metalloinvest
13.17 LKAB
13.18 NMDC Limited
13.19 Jindal SAW Ltd
13.20 Arya Group
List of Tables
Table 1 Global Iron Ore Pellets Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 3 Global Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 4 Global Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 5 Global Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 6 Global Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 7 Global Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 8 Global Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 9 Global Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 10 Global Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 11 Global Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 12 Global Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 13 Global Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 14 Global Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 15 Global Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 16 Global Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 17 Global Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 18 Global Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 19 Global Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 20 Global Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 21 Global Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 22 Global Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 23 Global Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 24 Global Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)
Table 25 North America Iron Ore Pellets Market Outlook, By Country (2018-2027) ($MN)
Table 26 North America Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 27 North America Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 28 North America Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 29 North America Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 30 North America Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 31 North America Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 32 North America Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 33 North America Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 34 North America Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 35 North America Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 36 North America Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 37 North America Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 38 North America Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 39 North America Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 40 North America Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 41 North America Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 42 North America Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 43 North America Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 44 North America Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 45 North America Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 46 North America Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 47 North America Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 48 North America Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)
Table 49 Europe Iron Ore Pellets Market Outlook, By Country (2018-2027) ($MN)
Table 50 Europe Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 51 Europe Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 52 Europe Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 53 Europe Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 54 Europe Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 55 Europe Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 56 Europe Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 57 Europe Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 58 Europe Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 59 Europe Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 60 Europe Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 61 Europe Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 62 Europe Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 63 Europe Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 64 Europe Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 65 Europe Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 66 Europe Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 67 Europe Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 68 Europe Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 69 Europe Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 70 Europe Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 71 Europe Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 72 Europe Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)
Table 73 Asia Pacific Iron Ore Pellets Market Outlook, By Country (2018-2027) ($MN)
Table 74 Asia Pacific Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 75 Asia Pacific Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 76 Asia Pacific Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 77 Asia Pacific Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 78 Asia Pacific Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 79 Asia Pacific Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 80 Asia Pacific Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 81 Asia Pacific Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 82 Asia Pacific Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 83 Asia Pacific Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 84 Asia Pacific Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 85 Asia Pacific Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 86 Asia Pacific Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 87 Asia Pacific Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 88 Asia Pacific Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 89 Asia Pacific Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 90 Asia Pacific Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 91 Asia Pacific Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 92 Asia Pacific Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 93 Asia Pacific Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 94 Asia Pacific Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 95 Asia Pacific Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 96 Asia Pacific Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)
Table 97 South America Iron Ore Pellets Market Outlook, By Country (2018-2027) ($MN)
Table 98 South America Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 99 South America Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 100 South America Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 101 South America Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 102 South America Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 103 South America Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 104 South America Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 105 South America Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 106 South America Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 107 South America Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 108 South America Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 109 South America Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 110 South America Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 111 South America Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 112 South America Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 113 South America Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 114 South America Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 115 South America Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 116 South America Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 117 South America Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 118 South America Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 119 South America Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 120 South America Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)
Table 121 Middle East & Africa Iron Ore Pellets Market Outlook, By Country (2018-2027) ($MN)
Table 122 Middle East & Africa Iron Ore Pellets Market Outlook, By Trade (2018-2027) ($MN)
Table 123 Middle East & Africa Iron Ore Pellets Market Outlook, By Seaborne (2018-2027) ($MN)
Table 124 Middle East & Africa Iron Ore Pellets Market Outlook, By Captive (2018-2027) ($MN)
Table 125 Middle East & Africa Iron Ore Pellets Market Outlook, By Product (2018-2027) ($MN)
Table 126 Middle East & Africa Iron Ore Pellets Market Outlook, By Direct Reduced (DR) Iron Ore Pellet (2018-2027) ($MN)
Table 127 Middle East & Africa Iron Ore Pellets Market Outlook, By Blast Furnace (BF) Iron Ore Pellet (2018-2027) ($MN)
Table 128 Middle East & Africa Iron Ore Pellets Market Outlook, By Iron Content (2018-2027) ($MN)
Table 129 Middle East & Africa Iron Ore Pellets Market Outlook, By Magnetite (2018-2027) ($MN)
Table 130 Middle East & Africa Iron Ore Pellets Market Outlook, By Hematite (2018-2027) ($MN)
Table 131 Middle East & Africa Iron Ore Pellets Market Outlook, By Application (2018-2027) ($MN)
Table 132 Middle East & Africa Iron Ore Pellets Market Outlook, By Iron Based Chemicals (2018-2027) ($MN)
Table 133 Middle East & Africa Iron Ore Pellets Market Outlook, By Steel Production (2018-2027) ($MN)
Table 134 Middle East & Africa Iron Ore Pellets Market Outlook, By Technology (2018-2027) ($MN)
Table 135 Middle East & Africa Iron Ore Pellets Market Outlook, By Balling Technology (2018-2027) ($MN)
Table 136 Middle East & Africa Iron Ore Pellets Market Outlook, By Balling Disc (2018-2027) ($MN)
Table 137 Middle East & Africa Iron Ore Pellets Market Outlook, By Balling Drum (2018-2027) ($MN)
Table 138 Middle East & Africa Iron Ore Pellets Market Outlook, By Steelmaking Technology (2018-2027) ($MN)
Table 139 Middle East & Africa Iron Ore Pellets Market Outlook, By Electric Induction Furnace (EIF) (2018-2027) ($MN)
Table 140 Middle East & Africa Iron Ore Pellets Market Outlook, By Oxygen Based/Blast Furnace (2018-2027) ($MN)
Table 141 Middle East & Africa Iron Ore Pellets Market Outlook, By Electric Arc Furnace (EAF) (2018-2027) ($MN)
Table 142 Middle East & Africa Iron Ore Pellets Market Outlook, By Pelletizing Process (2018-2027) ($MN)
Table 143 Middle East & Africa Iron Ore Pellets Market Outlook, By Grate Kiln (GK) (2018-2027) ($MN)
Table 144 Middle East & Africa Iron Ore Pellets Market Outlook, By Travelling Grate (TG) (2018-2027) ($MN)

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