Submerged Arc Furnaces Market Size - By Type (DC Submerged Arc Furnace, AC Submerged Arc Furnace), By Application (Ferroalloy, Silicon Metal, Fused Alumina, Calcium Carbide, Yellow Phosphorus), & Global Forecast, 2023-2032

Description

List of Tables

Global Submerged Arc Furnaces Market is set to expand at a notable CAGR between 2023 and 2032. The growing demand for ferroalloys, such as ferrosilicon and ferromanganese, in various industries, including steel, automotive, and construction, is a significant driver behind the market growth.

Due to their high capacity and efficiency, submerged arc furnaces find widespread usage in the production of ferroalloys. Additionally, the increasing focus on recycling and waste management is fueling the product demand, owing to their effectiveness in processing and recovering valuable metals from scrap materials. Moreover, the rising emphasis on clean energy and the development of renewable energy infrastructure is driving the market, as submerged arc furnaces are used in the production of silicon for solar panels. This apart, technological advancements, such as process automation and improved energy efficiency, are further propelling market growth.

The submerged arc furnaces market is segregated based on type, application, and region.

With respect to type, the DC submerged arc furnace market size could record a sizeable valuation by 2032, driven by the growing demand for high-performance alloys and specialty metals in industries like aerospace and electronics. DC furnaces offer improved energy efficiency and enable faster melting and refining processes than AC furnaces. This leads to reduced operational costs and increased productivity. Besides, their ability to provide better process control allows precise temperature and chemical composition management, thus, leading to higher-quality end products.

Based on application, the submerged furnace market share from the fused alumina segment will garner commendable gains through 2032. Fused alumina is widely used in abrasive materials, refractories, ceramics, and other high-performance applications. Submerged arc furnaces offer precise temperature control and uniform heating, ensuring the production of high-quality fused alumina with consistent properties. These furnaces provide a cost-effective solution for meeting the increasing demand for fused alumina in various industries due to their ability to handle large-scale production. Additionally, submerged arc furnaces allow for efficient energy utilization, which leads to improved process efficiency and reduced production costs.

North America submerged arc furnace industry is poised for notable growth over 2023-2032. Thriving steel and aluminum industries in the region require efficient and reliable melting and refining processes, which submerged arc furnaces provide. Additionally, the increasing emphasis on sustainability and environmental regulations drives the adoption of advanced furnace technologies for cleaner and more energy-efficient operations. Moreover, the growing demand for high-quality alloys and specialty metals in sectors like automotive and aerospace fuels the need for submerged arc furnaces for precise and controlled production.

Product Code: 5643

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market definitions
1.3 Market estimation & forecast parameters
- 1.3.1 Base estimates & working
  - 1.3.1.1 North America
  - 1.3.1.2 Europe
  - 1.3.1.3 Asia Pacific
  - 1.3.1.4 Latin America (LATAM)
  - 1.3.1.5 Middle East
  - 1.3.1.6 Africa
- 1.3.2 Forecast calculations
  - 1.3.2.1 COVID-19 impact calculations on industry forecast
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Submerged Arc Furnaces Market industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Type trends
- 2.1.4 Application trends

Chapter 3 Submerged Arc Furnaces Industry Insights

3.1 Industry segmentation
3.2 Industry size and forecast, 2018 - 2032
- 3.2.1 COVID-19 impact on industry landscape
3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.2 End-use analysis
- 3.3.3 Profit margin analysis
3.4 Regulatory Landscape
3.5 Raw material analysis
3.6 Pricing analysis
- 3.6.1 Regional pricing analysis, By Application
  - 3.6.1.1 North America
  - 3.6.1.2 Europe
  - 3.6.1.3 Asia Pacific
  - 3.6.1.4 Latin America
  - 3.6.1.5 Middle East & Africa
3.7 Industry impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Obesity and a growing fast food business are driving the market.
  - 3.7.1.2 Diabetes preventive priorities will boost market growth.
- 3.7.2 Industry pitfalls & challenges
  - 3.7.2.1 The availability of alternatives may stymie growth.
3.8 Growth potential analysis, 2022
3.9 Porter's analysis
3.10 PESTEL analysis
3.11 COVID-19 impact on Submerged Arc Furnaces market by Application
3.12 Russia-Ukraine war impact on Submerged Arc Furnaces market by Application

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Market share analysis, by region, 2022
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 Asia Pacific
- 4.2.4 Latin America
- 4.2.5 Middle East & Africa
4.3 Competitive analysis of key market players, 2022
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Submerged Arc Furnaces Market By Type

5.1 Key Form trends
5.2 DC Submerged Arc Furnace
- 5.2.1 Global market estimates and forecasts, 2018 - 2032
- 5.2.2 Global market estimates and forecasts, by region, 2018 - 2032
5.3 AC Submerged Arc Furnace
- 5.3.1 Global market estimates and forecasts, 2018 - 2032
- 5.3.2 Global market estimates and forecasts, by region, 2018 - 2032

Chapter 6 Submerged Arc Furnaces Market By Application

6.1 Key Application trends
6.2 Ferroalloy
- 6.2.1 Global market estimates and forecasts, 2018 - 2032
- 6.2.2 Global market estimates and forecasts, by region, 2018 - 2032
6.3 Silicon Metal
- 6.3.1 Global market estimates and forecasts, 2018 - 2032
- 6.3.2 Global market estimates and forecasts, by region, 2018 - 2032
6.4 Fused Alumina
- 6.4.1 Global market estimates and forecasts, 2018 - 2032
- 6.4.2 Global market estimates and forecasts, by region, 2018 - 2032
6.5 Calcium Carbide
- 6.5.1 Global market estimates and forecasts, 2018 - 2032
- 6.5.2 Global market estimates and forecasts, by region, 2018 - 2032
6.6 Yellow Phosphorus
- 6.6.1 Global market estimates and forecasts, 2018 - 2032
- 6.6.2 Global market estimates and forecasts, by region, 2018 - 2032

Chapter 7 Submerged Arc Furnaces Market , By Region

7.1 Submerged Arc Furnaces market, by region, 2022 & 2032
7.2 North America
- 7.2.1 Market estimate and forecast, 2018-2032
- 7.2.2 Market estimates and forecast, By Type, 2018-2032
- 7.2.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.2.4 U.S.
  - 7.2.4.1 Market estimate and forecast, 2018-2032
  - 7.2.4.2 Market estimates and forecast, By Type, 2018-2032
  - 7.2.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.2.5 Canada
  - 7.2.5.1 Market estimate and forecast, 2018-2032
  - 7.2.5.2 Market estimates and forecast, By Type, 2018-2032
  - 7.2.5.3 Market estimates and forecast, by Application, 2018 - 2032
7.3 Europe
- 7.3.1 Market estimate and forecast, 2018-2032
- 7.3.2 Market estimates and forecast, By Type, 2018-2032
- 7.3.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.4 France
  - 7.3.4.1 Market estimate and forecast, 2018-2032
  - 7.3.4.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.5 Germany
  - 7.3.5.1 Market estimate and forecast, 2018-2032
  - 7.3.5.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.5.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.6 Italy
  - 7.3.6.1 Market estimate and forecast, 2018-2032
  - 7.3.6.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.6.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.7 Russia
  - 7.3.7.1 Market estimate and forecast, 2018-2032
  - 7.3.7.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.7.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.8 UK
  - 7.3.8.1 Market estimate and forecast, 2018-2032
  - 7.3.8.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.8.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.3.9 Spain
  - 7.3.9.1 Market estimate and forecast, 2018-2032
  - 7.3.9.2 Market estimates and forecast, By Type, 2018-2032
  - 7.3.9.3 Market estimates and forecast, by Application, 2018 - 2032
7.4 Asia Pacific
- 7.4.1 Market estimate and forecast, 2018-2032
- 7.4.2 Market estimates and forecast, By Type, 2018-2032
- 7.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.4.4 China
  - 7.4.4.1 Market estimate and forecast, 2018-2032
  - 7.4.4.2 Market estimates and forecast, By Type, 2018-2032
  - 7.4.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.4.5 Japan
  - 7.4.5.1 Market estimate and forecast, 2018-2032
  - 7.4.5.2 Market estimates and forecast, By Type, 2018-2032
  - 7.4.5.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.4.6 India
  - 7.4.6.1 Market estimate and forecast, 2018-2032
  - 7.4.6.2 Market estimates and forecast, By Type, 2018-2032
  - 7.4.6.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.4.7 South Korea
  - 7.4.7.1 Market estimate and forecast, 2018-2032
  - 7.4.7.2 Market estimates and forecast, By Type, 2018-2032
  - 7.4.7.3 Market estimates and forecast, by Application, 2018 - 2032
7.5 Latin America
- 7.5.1 Market estimate and forecast, 2018-2032
- 7.5.2 Market estimates and forecast, By Type, 2018-2032
- 7.5.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.5.4 Brazil
  - 7.5.4.1 Market estimate and forecast, 2018-2032
  - 7.5.4.2 Market estimates and forecast, By Type, 2018-2032
  - 7.5.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.5.5 Argentina
  - 7.5.5.1 Market estimate and forecast, 2018-2032
  - 7.5.5.2 Market estimates and forecast, By Type, 2018-2032
  - 7.5.5.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.5.6 Mexico
  - 7.5.6.1 Market estimate and forecast, 2018-2032
  - 7.5.6.2 Market estimates and forecast, By Type, 2018-2032
  - 7.5.6.3 Market estimates and forecast, by Application, 2018 - 2032
7.6 Middle East & Africa
- 7.6.1 Market estimate and forecast, 2018-2032
- 7.6.2 Market estimates and forecast, By Type, 2018-2032
- 7.6.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.6.4 South Africa
  - 7.6.4.1 Market estimate and forecast, 2018-2032
  - 7.6.4.2 Market estimates and forecast, By Type, 2018-2032
  - 7.6.4.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.6.5 Saudi Arabia
  - 7.6.5.1 Market estimate and forecast, 2018-2032
  - 7.6.5.2 Market estimates and forecast, By Type, 2018-2032
  - 7.6.5.3 Market estimates and forecast, by Application, 2018 - 2032
- 7.6.6 UAE
  - 7.6.6.1 Market estimate and forecast, 2018-2032
  - 7.6.6.2 Market estimates and forecast, By Type, 2018-2032
  - 7.6.6.3 Market estimates and forecast, by Application, 2018 - 2032
  - 7.6.6.4 Market estimates and forecast, by End-use, 2018 - 2032

Chapter 8 Company Profiles

8.1 YUEDA
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Form Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT analysis
8.2 Hammers Industries
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Form Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT analysis
8.3 Tenova Core
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Form Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT analysis
8.4 SMS Group
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Form Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT analysis
8.5 Danieli
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Form Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT analysis
8.6 DongXong
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Form Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT analysis
8.7 TENOVA
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Form Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT analysis
8.8 Siemens
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Form Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT analysis
8.9 Xi'an Abundance Electric
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Form Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT analysis