Product Code: ETC005253 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Italy Pig Iron market currently, in 2023, has witnessed an HHI of 7916, Which has increased substantially as compared to the HHI of 4403 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Italian pig iron market is expected to register a CAGR of 4.2% during the forecast period, 2020-2026. The increasing use of pig iron in steel production has led to an increased demand for the product in Italy and other European nations. Moreover, with the growing technological advancement, there has been an increase in demand for electric arc furnaces which utilize molten pig iron as their raw material. This factor is anticipated to further propel the growth of the market during this time frame.
In addition, rising consumption of quality steel products such as automotive components and construction materials are also likely to have a positive impact on the overall sales volume over this seven year period. Furthermore, stringent environmental regulations imposed by the government regarding industrial emissions may drive domestic steelmakers towards cost effective solutions like recycling or melting scrap metal thereby boosting demand for secondary pig iron in Italy.
Overall, due to these factors coupled with industry expansion plans announced by major global players such as ArcelorMittal SSAB AB Nippon Steel & Sumitomo Metal Corporation (NSSMC), JFE Holdings Inc., etc., it can be concluded that Italys Pig Iron Market will witness steady growth over this seven year period from 2020-2026.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Italy Pig Iron Market Overview |
3.1 Italy Country Macro Economic Indicators |
3.2 Italy Pig Iron Market Revenues & Volume, 2019 & 2026F |
3.3 Italy Pig Iron Market - Industry Life Cycle |
3.4 Italy Pig Iron Market - Porter's Five Forces |
3.5 Italy Pig Iron Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Italy Pig Iron Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Italy Pig Iron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Italy Pig Iron Market Trends |
6 Italy Pig Iron Market, By Types |
6.1 Italy Pig Iron Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Italy Pig Iron Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Italy Pig Iron Market Revenues & Volume, By Basic Pig Iron, 2016 - 2026F |
6.1.4 Italy Pig Iron Market Revenues & Volume, By Foundry Pig Iron, 2016 - 2026F |
6.1.5 Italy Pig Iron Market Revenues & Volume, By High Purity Pig Iron, 2016 - 2026F |
6.2 Italy Pig Iron Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Italy Pig Iron Market Revenues & Volume, By Foundry, 2016 - 2026F |
6.2.3 Italy Pig Iron Market Revenues & Volume, By Construction, 2016 - 2026F |
6.2.4 Italy Pig Iron Market Revenues & Volume, By Stainless Steel, 2016 - 2026F |
6.2.5 Italy Pig Iron Market Revenues & Volume, By Others, 2016 - 2026F |
7 Italy Pig Iron Market Import-Export Trade Statistics |
7.1 Italy Pig Iron Market Export to Major Countries |
7.2 Italy Pig Iron Market Imports from Major Countries |
8 Italy Pig Iron Market Key Performance Indicators |
9 Italy Pig Iron Market - Opportunity Assessment |
9.1 Italy Pig Iron Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Italy Pig Iron Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Italy Pig Iron Market - Competitive Landscape |
10.1 Italy Pig Iron Market Revenue Share, By Companies, 2019 |
10.2 Italy Pig Iron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |