Iron ore pellets are spheres of typically 6-16 mm to be used as raw material for blast furnaces. The pellets are used in the production of steel which is used in the construction of bridges, cars, planes, bicycles, household appliances and much more. Garnering a CAGR of 3.8% from 2022 to 2028, the global iron ore pellets market is projected to reach worth of USD 48,762 million by 2028-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global iron ore pellets market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the iron ore pellets industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the grade, trade, and region. The global market for iron ore pellets can be segmented by grade: blast furnace (BF), direct reduction (DR). The blast furnace (BF) segment held the largest share of the global iron ore pellets market in 2021 and is anticipated to hold its share during the forecast period. Iron ore pellets market is further segmented by trade: captive, seaborne. Based on region, the iron ore pellets market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By grade:
– blast furnace (BF)
– direct reduction (DR)

By trade:
– captive
– seaborne

By region:
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)

The global iron ore pellets market report offers detailed information on several market vendors, including ArcelorMittal S.A., Arya Iron & Steel Company Private Limited, Bahrain Steel BSC, Cleveland-Cliffs Inc., Erdemir Maden (Oyak Group), EVRAZ KGOK, Jindal SAW Ltd., JSC Karelsky Okatysh (Severstal), Luossavaara-Kiirunavaara Aktiebolag (LKAB), Metalloinvest Management Company LLC, NMDC Limited, Rexon Strips Limited, Rio Tinto Ltd., Samarco Mineracao S.A., The Ferrexpo Group, Tosyali Algeria, Vale S.A., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global iron ore pellets market.
– To classify and forecast the global iron ore pellets market based on grade, trade, region.
– To identify drivers and challenges for the global iron ore pellets market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global iron ore pellets market.
– To identify and analyze the profile of leading players operating in the global iron ore pellets market.

Why Choose This Report
– Gain a reliable outlook of the global iron ore pellets market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.