Brazil High Purity Pig Iron Market Size & Outlook
Brazil high purity pig iron market, 2018-2030 (US$M)
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Brazil high purity pig iron market highlights
- The Brazil high purity pig iron market generated a revenue of USD 19.2 million in 2021 and is expected to reach USD 38.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.1% from 2022 to 2030.
- In terms of segment, automotive & transportation was the largest revenue generating application in 2021.
- Energy is the most lucrative application segment registering the fastest growth during the forecast period.
High purity pig iron market data book summary
| Market revenue in 2021 | USD 19.2 million |
| Market revenue in 2030 | USD 38.8 million |
| Growth rate | 8.1% (CAGR from 2021 to 2030) |
| Largest segment | Automotive & transportation |
| Fastest growing segment | Energy |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive & transportation, Energy, Industrial |
| Key market players worldwide | Rio Tinto PLC ADR, Tronox Holdings PLC Shs Class A, Eramet SA, Vedanta, Minerals Technologies Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global high purity pig iron market in 2021.
- Country-wise, Germany is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil high purity pig iron market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 38.8 million by 2030.
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High Purity Pig Iron Market Scope
High Purity Pig Iron Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil high purity pig iron market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to high purity pig iron market will help companies and investors design strategic landscapes.
Automotive & transportation was the largest segment with a revenue share of 50.52% in 2021. Horizon Databook has segmented the Brazil high purity pig iron market based on automotive & transportation, energy, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of high purity pig iron market in Brazil is projected to be augmented by increased investments in the country for the production of wind turbines, establishment of water treatment plants, and enhancement of automobile production in the coming years.
In 2021, Brazil witnessed a 12% rise in its automotive production compared with the number of automobile units manufactured in 2020. Moreover, a number of leading automobile manufacturers are investing in Brazil owing to its low-cost base for production. This is expected to surge the demand for high purity pig iron in the country.
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Our clientele includes a mix of high purity pig iron market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil high purity pig iron market , including forecasts for subscribers. This country databook contains high-level insights into Brazil high purity pig iron market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil high purity pig iron market size, by application, 2018-2030 (US$M)
Brazil High Purity Pig Iron Market Outlook Share, 2021 & 2030 (US$M)
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