PUBLISHER: TechNavio | PRODUCT CODE: 1783872
PUBLISHER: TechNavio | PRODUCT CODE: 1783872
The sinter plant market is forecasted to grow by USD 1,534 mn during 2024-2029, accelerating at a CAGR of 10.7% during the forecast period. The report on the sinter plant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improvement in sinter technology, large share of bf-bof method in global steel output and new capacity additions, and increasing focus on improving environmental footprints.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 9.4% |
CAGR | 10.7% |
Incremental Value | $1,534 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's sinter plant market is segmented as below:
By Product
By Type
By End-user
By Geographical Landscape
This study identifies the improving power supply infrastructure as one of the prime reasons driving the sinter plant market growth during the next few years. Also, improving share of coastal areas in global steel production and expansion of production capacity of steel by vendors will lead to sizable demand in the market.
The report on the sinter plant market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sinter plant market vendors that include China BaoWu Steel Group Corp. Ltd., China Metallurgical Engineering and Project Corp., China Minmetals Corp., CTCI Corp., Gillanders Arbuthnot and Co. Ltd., Hatch Kuttner GmbH, Hitachi Ltd., IMASA INGENIERIA Y PROYECTOS SA, Kanikavan Shargh Engineering Co., Larsen and Toubro Ltd., MECON Ltd., Metso Outotec Corp., Nippon Steel Corp., Perantech GmbH, Primetals Technologies Ltd., Shandong Province Metallurgical Engineering Co. Ltd., Siemens AG, Simplex Engineering and Foundry Works Pvt. Ltd., and Tenova Spa. Also, the sinter plant market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: