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Direct Reduced Iron-Global Market Insights and Sales Trends 2025

Direct Reduced Iron-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1808030

No of Pages : 117

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Synopsis
Direct Reduced Iron (DRI) is the product of the direct reduction of iron ore in the solid state by carbon monoxide and hydrogen derived from natural gas or coal.
The global Direct Reduced Iron market size is expected to reach US$ 1101.8 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Direct Reduced Iron in various end use industries. The expanding demands from the Metallurgical Industry, Steel Industry and Others,, are propelling Direct Reduced Iron market. Gas Based Technology, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Coal-Based Technology segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Direct Reduced Iron market, driven by demand from China, the second largest economy with some signs of stabilising, the Direct Reduced Iron market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Direct Reduced Iron, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Direct Reduced Iron market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Direct Reduced Iron market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Direct Reduced Iron sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Direct Reduced Iron covered in this report include Mobarakeh Steel Company, Tata Sponge, Welspun Group, Jindal Steel & Power Ltd, Umesh Modi Group, Prakash Industries Limited, Sajjan, Bhushan and Sarda Energy & Minerals Limited, etc.
The global Direct Reduced Iron market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Mobarakeh Steel Company
Tata Sponge
Welspun Group
Jindal Steel & Power Ltd
Umesh Modi Group
Prakash Industries Limited
Sajjan
Bhushan
Sarda Energy & Minerals Limited
Qatar Steel
Gallantt
NMDC
United Raw Materials
ArcelorMittal
KhorasanSteel
Global Direct Reduced Iron market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Direct Reduced Iron market, Segment by Type:
Gas Based Technology
Coal-Based Technology
Global Direct Reduced Iron market, by Application
Metallurgical Industry
Steel Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Direct Reduced Iron manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Direct Reduced Iron in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Direct Reduced Iron Market Overview
1.1 Direct Reduced Iron Product Overview
1.2 Direct Reduced Iron Market Segment by Type
1.2.1 Gas Based Technology
1.2.2 Coal-Based Technology
1.3 Global Direct Reduced Iron Market Size by Type
1.3.1 Global Direct Reduced Iron Market Size Overview by Type (2018-2029)
1.3.2 Global Direct Reduced Iron Historic Market Size Review by Type (2018-2023)
1.3.3 Global Direct Reduced Iron Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Direct Reduced Iron Sales Breakdown by Type (2018-2023)
1.4.2 Europe Direct Reduced Iron Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Direct Reduced Iron Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Direct Reduced Iron Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Direct Reduced Iron Sales Breakdown by Type (2018-2023)
2 Global Direct Reduced Iron Market Competition by Company
2.1 Global Top Players by Direct Reduced Iron Sales (2018-2023)
2.2 Global Top Players by Direct Reduced Iron Revenue (2018-2023)
2.3 Global Top Players by Direct Reduced Iron Price (2018-2023)
2.4 Global Top Manufacturers Direct Reduced Iron Manufacturing Base Distribution, Sales Area, Product Type
2.5 Direct Reduced Iron Market Competitive Situation and Trends
2.5.1 Direct Reduced Iron Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Direct Reduced Iron Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Direct Reduced Iron as of 2022)
2.7 Date of Key Manufacturers Enter into Direct Reduced Iron Market
2.8 Key Manufacturers Direct Reduced Iron Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Direct Reduced Iron Status and Outlook by Region
3.1 Global Direct Reduced Iron Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Direct Reduced Iron Historic Market Size by Region
3.2.1 Global Direct Reduced Iron Sales in Volume by Region (2018-2023)
3.2.2 Global Direct Reduced Iron Sales in Value by Region (2018-2023)
3.2.3 Global Direct Reduced Iron Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Direct Reduced Iron Forecasted Market Size by Region
3.3.1 Global Direct Reduced Iron Sales in Volume by Region (2024-2029)
3.3.2 Global Direct Reduced Iron Sales in Value by Region (2024-2029)
3.3.3 Global Direct Reduced Iron Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Direct Reduced Iron by Application
4.1 Direct Reduced Iron Market Segment by Application
4.1.1 Metallurgical Industry
4.1.2 Steel Industry
4.1.3 Others
4.2 Global Direct Reduced Iron Market Size by Application
4.2.1 Global Direct Reduced Iron Market Size Overview by Application (2018-2029)
4.2.2 Global Direct Reduced Iron Historic Market Size Review by Application (2018-2023)
4.2.3 Global Direct Reduced Iron Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Direct Reduced Iron Sales Breakdown by Application (2018-2023)
4.3.2 Europe Direct Reduced Iron Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Direct Reduced Iron Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Direct Reduced Iron Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Direct Reduced Iron Sales Breakdown by Application (2018-2023)
5 North America Direct Reduced Iron by Country
5.1 North America Direct Reduced Iron Historic Market Size by Country
5.1.1 North America Direct Reduced Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Direct Reduced Iron Sales in Volume by Country (2018-2023)
5.1.3 North America Direct Reduced Iron Sales in Value by Country (2018-2023)
5.2 North America Direct Reduced Iron Forecasted Market Size by Country
5.2.1 North America Direct Reduced Iron Sales in Volume by Country (2024-2029)
5.2.2 North America Direct Reduced Iron Sales in Value by Country (2024-2029)
6 Europe Direct Reduced Iron by Country
6.1 Europe Direct Reduced Iron Historic Market Size by Country
6.1.1 Europe Direct Reduced Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Direct Reduced Iron Sales in Volume by Country (2018-2023)
6.1.3 Europe Direct Reduced Iron Sales in Value by Country (2018-2023)
6.2 Europe Direct Reduced Iron Forecasted Market Size by Country
6.2.1 Europe Direct Reduced Iron Sales in Volume by Country (2024-2029)
6.2.2 Europe Direct Reduced Iron Sales in Value by Country (2024-2029)
7 Asia-Pacific Direct Reduced Iron by Region
7.1 Asia-Pacific Direct Reduced Iron Historic Market Size by Region
7.1.1 Asia-Pacific Direct Reduced Iron Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Direct Reduced Iron Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Direct Reduced Iron Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Direct Reduced Iron Forecasted Market Size by Region
7.2.1 Asia-Pacific Direct Reduced Iron Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Direct Reduced Iron Sales in Value by Region (2024-2029)
8 Latin America Direct Reduced Iron by Country
8.1 Latin America Direct Reduced Iron Historic Market Size by Country
8.1.1 Latin America Direct Reduced Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Direct Reduced Iron Sales in Volume by Country (2018-2023)
8.1.3 Latin America Direct Reduced Iron Sales in Value by Country (2018-2023)
8.2 Latin America Direct Reduced Iron Forecasted Market Size by Country
8.2.1 Latin America Direct Reduced Iron Sales in Volume by Country (2024-2029)
8.2.2 Latin America Direct Reduced Iron Sales in Value by Country (2024-2029)
9 Middle East and Africa Direct Reduced Iron by Country
9.1 Middle East and Africa Direct Reduced Iron Historic Market Size by Country
9.1.1 Middle East and Africa Direct Reduced Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Direct Reduced Iron Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Direct Reduced Iron Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Direct Reduced Iron Forecasted Market Size by Country
9.2.1 Middle East and Africa Direct Reduced Iron Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Direct Reduced Iron Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Mobarakeh Steel Company
10.1.1 Mobarakeh Steel Company Company Information
10.1.2 Mobarakeh Steel Company Introduction and Business Overview
10.1.3 Mobarakeh Steel Company Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Mobarakeh Steel Company Direct Reduced Iron Products Offered
10.1.5 Mobarakeh Steel Company Recent Development
10.2 Tata Sponge
10.2.1 Tata Sponge Company Information
10.2.2 Tata Sponge Introduction and Business Overview
10.2.3 Tata Sponge Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Tata Sponge Direct Reduced Iron Products Offered
10.2.5 Tata Sponge Recent Development
10.3 Welspun Group
10.3.1 Welspun Group Company Information
10.3.2 Welspun Group Introduction and Business Overview
10.3.3 Welspun Group Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Welspun Group Direct Reduced Iron Products Offered
10.3.5 Welspun Group Recent Development
10.4 Jindal Steel & Power Ltd
10.4.1 Jindal Steel & Power Ltd Company Information
10.4.2 Jindal Steel & Power Ltd Introduction and Business Overview
10.4.3 Jindal Steel & Power Ltd Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Jindal Steel & Power Ltd Direct Reduced Iron Products Offered
10.4.5 Jindal Steel & Power Ltd Recent Development
10.5 Umesh Modi Group
10.5.1 Umesh Modi Group Company Information
10.5.2 Umesh Modi Group Introduction and Business Overview
10.5.3 Umesh Modi Group Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Umesh Modi Group Direct Reduced Iron Products Offered
10.5.5 Umesh Modi Group Recent Development
10.6 Prakash Industries Limited
10.6.1 Prakash Industries Limited Company Information
10.6.2 Prakash Industries Limited Introduction and Business Overview
10.6.3 Prakash Industries Limited Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Prakash Industries Limited Direct Reduced Iron Products Offered
10.6.5 Prakash Industries Limited Recent Development
10.7 Sajjan
10.7.1 Sajjan Company Information
10.7.2 Sajjan Introduction and Business Overview
10.7.3 Sajjan Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sajjan Direct Reduced Iron Products Offered
10.7.5 Sajjan Recent Development
10.8 Bhushan
10.8.1 Bhushan Company Information
10.8.2 Bhushan Introduction and Business Overview
10.8.3 Bhushan Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bhushan Direct Reduced Iron Products Offered
10.8.5 Bhushan Recent Development
10.9 Sarda Energy & Minerals Limited
10.9.1 Sarda Energy & Minerals Limited Company Information
10.9.2 Sarda Energy & Minerals Limited Introduction and Business Overview
10.9.3 Sarda Energy & Minerals Limited Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sarda Energy & Minerals Limited Direct Reduced Iron Products Offered
10.9.5 Sarda Energy & Minerals Limited Recent Development
10.10 Qatar Steel
10.10.1 Qatar Steel Company Information
10.10.2 Qatar Steel Introduction and Business Overview
10.10.3 Qatar Steel Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Qatar Steel Direct Reduced Iron Products Offered
10.10.5 Qatar Steel Recent Development
10.11 Gallantt
10.11.1 Gallantt Company Information
10.11.2 Gallantt Introduction and Business Overview
10.11.3 Gallantt Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Gallantt Direct Reduced Iron Products Offered
10.11.5 Gallantt Recent Development
10.12 NMDC
10.12.1 NMDC Company Information
10.12.2 NMDC Introduction and Business Overview
10.12.3 NMDC Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NMDC Direct Reduced Iron Products Offered
10.12.5 NMDC Recent Development
10.13 United Raw Materials
10.13.1 United Raw Materials Company Information
10.13.2 United Raw Materials Introduction and Business Overview
10.13.3 United Raw Materials Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.13.4 United Raw Materials Direct Reduced Iron Products Offered
10.13.5 United Raw Materials Recent Development
10.14 ArcelorMittal
10.14.1 ArcelorMittal Company Information
10.14.2 ArcelorMittal Introduction and Business Overview
10.14.3 ArcelorMittal Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.14.4 ArcelorMittal Direct Reduced Iron Products Offered
10.14.5 ArcelorMittal Recent Development
10.15 KhorasanSteel
10.15.1 KhorasanSteel Company Information
10.15.2 KhorasanSteel Introduction and Business Overview
10.15.3 KhorasanSteel Direct Reduced Iron Sales, Revenue and Gross Margin (2018-2023)
10.15.4 KhorasanSteel Direct Reduced Iron Products Offered
10.15.5 KhorasanSteel Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Direct Reduced Iron Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Direct Reduced Iron Industrial Chain Analysis
11.4 Direct Reduced Iron Market Dynamics
11.4.1 Direct Reduced Iron Industry Trends
11.4.2 Direct Reduced Iron Market Drivers
11.4.3 Direct Reduced Iron Market Challenges
11.4.4 Direct Reduced Iron Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Direct Reduced Iron Distributors
12.3 Direct Reduced Iron Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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