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Merchant Pig Iron-Global Market Insights and Sales Trends 2025
Synopsis
Merchant Pig Iron is a type of pig iron that is produced at dedicated merchant plants or integrated steel mills. It is cold pig iron, which is cast into ingots and sold to third parties as feedstock for the steel and ferrous casting industries. There are three types of Merchant Pig Iron: basic pig iron, foundry pig iron, and high purity pig iron. Basic pig iron is used mainly in electric arc steelmaking, foundry pig iron is used mainly in the manufacture of grey iron castings in cupola furnaces, and high purity pig iron is used in the manufacture of ductile iron castings. Merchant Pig Iron has a high carbon content (typically 3.5 - 4.5%) and contains other elements such as silicon, manganese, sulphur, and phosphorus.
The global Merchant Pig Iron market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Merchant Pig Iron in various end use industries. The expanding demands from the Foundry, Construction, Stainless Steel and Other, are propelling Merchant Pig Iron market. Basic Pig Iron, 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 Foundry Pig Iron segment is estimated at % CAGR for the next seven-year period.
The demand for Merchant Pig Iron is also influenced by the availability and price of scrap metal, which is the main alternative raw material for steelmaking and casting. The global scrap metal market is expected to witness a supply deficit of 16 million tonnes by 2025 due to the rising consumption and declining generation of scrap metal . This could create an opportunity for Merchant Pig Iron to fill the gap and increase its market share.
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 Merchant Pig 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 Merchant Pig 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 Merchant Pig Iron market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Merchant Pig 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 Merchant Pig Iron covered in this report include DMZ, Metalloinvest, PAO Tulachermet, Tronox, Sorelmetal, Benxi Steel, Cargill and Voestalpine, etc.
The global Merchant Pig 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:
DMZ
Metalloinvest
PAO Tulachermet
Tronox
Sorelmetal
Benxi Steel
Cargill
Voestalpine
Global Merchant Pig 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 Merchant Pig Iron market, Segment by Type:
Basic Pig Iron
Foundry Pig Iron
High Purity Pig Iron
Global Merchant Pig Iron market, by Application
Foundry
Construction
Stainless Steel
Other
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 Merchant Pig Iron manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Merchant Pig 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.
Merchant Pig Iron is a type of pig iron that is produced at dedicated merchant plants or integrated steel mills. It is cold pig iron, which is cast into ingots and sold to third parties as feedstock for the steel and ferrous casting industries. There are three types of Merchant Pig Iron: basic pig iron, foundry pig iron, and high purity pig iron. Basic pig iron is used mainly in electric arc steelmaking, foundry pig iron is used mainly in the manufacture of grey iron castings in cupola furnaces, and high purity pig iron is used in the manufacture of ductile iron castings. Merchant Pig Iron has a high carbon content (typically 3.5 - 4.5%) and contains other elements such as silicon, manganese, sulphur, and phosphorus.
The global Merchant Pig Iron market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Merchant Pig Iron in various end use industries. The expanding demands from the Foundry, Construction, Stainless Steel and Other, are propelling Merchant Pig Iron market. Basic Pig Iron, 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 Foundry Pig Iron segment is estimated at % CAGR for the next seven-year period.
The demand for Merchant Pig Iron is also influenced by the availability and price of scrap metal, which is the main alternative raw material for steelmaking and casting. The global scrap metal market is expected to witness a supply deficit of 16 million tonnes by 2025 due to the rising consumption and declining generation of scrap metal . This could create an opportunity for Merchant Pig Iron to fill the gap and increase its market share.
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 Merchant Pig 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 Merchant Pig 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 Merchant Pig Iron market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Merchant Pig 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 Merchant Pig Iron covered in this report include DMZ, Metalloinvest, PAO Tulachermet, Tronox, Sorelmetal, Benxi Steel, Cargill and Voestalpine, etc.
The global Merchant Pig 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:
DMZ
Metalloinvest
PAO Tulachermet
Tronox
Sorelmetal
Benxi Steel
Cargill
Voestalpine
Global Merchant Pig 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 Merchant Pig Iron market, Segment by Type:
Basic Pig Iron
Foundry Pig Iron
High Purity Pig Iron
Global Merchant Pig Iron market, by Application
Foundry
Construction
Stainless Steel
Other
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 Merchant Pig Iron manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Merchant Pig 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.
Index1 Merchant Pig Iron Market Overview
1.1 Merchant Pig Iron Product Overview
1.2 Merchant Pig Iron Market Segment by Type
1.2.1 Basic Pig Iron
1.2.2 Foundry Pig Iron
1.2.3 High Purity Pig Iron
1.3 Global Merchant Pig Iron Market Size by Type
1.3.1 Global Merchant Pig Iron Market Size Overview by Type (2018-2029)
1.3.2 Global Merchant Pig Iron Historic Market Size Review by Type (2018-2023)
1.3.3 Global Merchant Pig Iron Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Merchant Pig Iron Sales Breakdown by Type (2018-2023)
1.4.2 Europe Merchant Pig Iron Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Merchant Pig Iron Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Merchant Pig Iron Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Merchant Pig Iron Sales Breakdown by Type (2018-2023)
2 Global Merchant Pig Iron Market Competition by Company
2.1 Global Top Players by Merchant Pig Iron Sales (2018-2023)
2.2 Global Top Players by Merchant Pig Iron Revenue (2018-2023)
2.3 Global Top Players by Merchant Pig Iron Price (2018-2023)
2.4 Global Top Manufacturers Merchant Pig Iron Manufacturing Base Distribution, Sales Area, Product Type
2.5 Merchant Pig Iron Market Competitive Situation and Trends
2.5.1 Merchant Pig Iron Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Merchant Pig 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 Merchant Pig Iron as of 2022)
2.7 Date of Key Manufacturers Enter into Merchant Pig Iron Market
2.8 Key Manufacturers Merchant Pig Iron Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Merchant Pig Iron Status and Outlook by Region
3.1 Global Merchant Pig Iron Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Merchant Pig Iron Historic Market Size by Region
3.2.1 Global Merchant Pig Iron Sales in Volume by Region (2018-2023)
3.2.2 Global Merchant Pig Iron Sales in Value by Region (2018-2023)
3.2.3 Global Merchant Pig Iron Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Merchant Pig Iron Forecasted Market Size by Region
3.3.1 Global Merchant Pig Iron Sales in Volume by Region (2024-2029)
3.3.2 Global Merchant Pig Iron Sales in Value by Region (2024-2029)
3.3.3 Global Merchant Pig Iron Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Merchant Pig Iron by Application
4.1 Merchant Pig Iron Market Segment by Application
4.1.1 Foundry
4.1.2 Construction
4.1.3 Stainless Steel
4.1.4 Other
4.2 Global Merchant Pig Iron Market Size by Application
4.2.1 Global Merchant Pig Iron Market Size Overview by Application (2018-2029)
4.2.2 Global Merchant Pig Iron Historic Market Size Review by Application (2018-2023)
4.2.3 Global Merchant Pig Iron Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Merchant Pig Iron Sales Breakdown by Application (2018-2023)
4.3.2 Europe Merchant Pig Iron Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Merchant Pig Iron Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Merchant Pig Iron Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Merchant Pig Iron Sales Breakdown by Application (2018-2023)
5 North America Merchant Pig Iron by Country
5.1 North America Merchant Pig Iron Historic Market Size by Country
5.1.1 North America Merchant Pig Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Merchant Pig Iron Sales in Volume by Country (2018-2023)
5.1.3 North America Merchant Pig Iron Sales in Value by Country (2018-2023)
5.2 North America Merchant Pig Iron Forecasted Market Size by Country
5.2.1 North America Merchant Pig Iron Sales in Volume by Country (2024-2029)
5.2.2 North America Merchant Pig Iron Sales in Value by Country (2024-2029)
6 Europe Merchant Pig Iron by Country
6.1 Europe Merchant Pig Iron Historic Market Size by Country
6.1.1 Europe Merchant Pig Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Merchant Pig Iron Sales in Volume by Country (2018-2023)
6.1.3 Europe Merchant Pig Iron Sales in Value by Country (2018-2023)
6.2 Europe Merchant Pig Iron Forecasted Market Size by Country
6.2.1 Europe Merchant Pig Iron Sales in Volume by Country (2024-2029)
6.2.2 Europe Merchant Pig Iron Sales in Value by Country (2024-2029)
7 Asia-Pacific Merchant Pig Iron by Region
7.1 Asia-Pacific Merchant Pig Iron Historic Market Size by Region
7.1.1 Asia-Pacific Merchant Pig Iron Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Merchant Pig Iron Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Merchant Pig Iron Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Merchant Pig Iron Forecasted Market Size by Region
7.2.1 Asia-Pacific Merchant Pig Iron Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Merchant Pig Iron Sales in Value by Region (2024-2029)
8 Latin America Merchant Pig Iron by Country
8.1 Latin America Merchant Pig Iron Historic Market Size by Country
8.1.1 Latin America Merchant Pig Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Merchant Pig Iron Sales in Volume by Country (2018-2023)
8.1.3 Latin America Merchant Pig Iron Sales in Value by Country (2018-2023)
8.2 Latin America Merchant Pig Iron Forecasted Market Size by Country
8.2.1 Latin America Merchant Pig Iron Sales in Volume by Country (2024-2029)
8.2.2 Latin America Merchant Pig Iron Sales in Value by Country (2024-2029)
9 Middle East and Africa Merchant Pig Iron by Country
9.1 Middle East and Africa Merchant Pig Iron Historic Market Size by Country
9.1.1 Middle East and Africa Merchant Pig Iron Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Merchant Pig Iron Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Merchant Pig Iron Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Merchant Pig Iron Forecasted Market Size by Country
9.2.1 Middle East and Africa Merchant Pig Iron Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Merchant Pig Iron Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DMZ
10.1.1 DMZ Company Information
10.1.2 DMZ Introduction and Business Overview
10.1.3 DMZ Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DMZ Merchant Pig Iron Products Offered
10.1.5 DMZ Recent Development
10.2 Metalloinvest
10.2.1 Metalloinvest Company Information
10.2.2 Metalloinvest Introduction and Business Overview
10.2.3 Metalloinvest Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Metalloinvest Merchant Pig Iron Products Offered
10.2.5 Metalloinvest Recent Development
10.3 PAO Tulachermet
10.3.1 PAO Tulachermet Company Information
10.3.2 PAO Tulachermet Introduction and Business Overview
10.3.3 PAO Tulachermet Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.3.4 PAO Tulachermet Merchant Pig Iron Products Offered
10.3.5 PAO Tulachermet Recent Development
10.4 Tronox
10.4.1 Tronox Company Information
10.4.2 Tronox Introduction and Business Overview
10.4.3 Tronox Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tronox Merchant Pig Iron Products Offered
10.4.5 Tronox Recent Development
10.5 Sorelmetal
10.5.1 Sorelmetal Company Information
10.5.2 Sorelmetal Introduction and Business Overview
10.5.3 Sorelmetal Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sorelmetal Merchant Pig Iron Products Offered
10.5.5 Sorelmetal Recent Development
10.6 Benxi Steel
10.6.1 Benxi Steel Company Information
10.6.2 Benxi Steel Introduction and Business Overview
10.6.3 Benxi Steel Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Benxi Steel Merchant Pig Iron Products Offered
10.6.5 Benxi Steel Recent Development
10.7 Cargill
10.7.1 Cargill Company Information
10.7.2 Cargill Introduction and Business Overview
10.7.3 Cargill Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cargill Merchant Pig Iron Products Offered
10.7.5 Cargill Recent Development
10.8 Voestalpine
10.8.1 Voestalpine Company Information
10.8.2 Voestalpine Introduction and Business Overview
10.8.3 Voestalpine Merchant Pig Iron Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Voestalpine Merchant Pig Iron Products Offered
10.8.5 Voestalpine Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Merchant Pig 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 Merchant Pig Iron Industrial Chain Analysis
11.4 Merchant Pig Iron Market Dynamics
11.4.1 Merchant Pig Iron Industry Trends
11.4.2 Merchant Pig Iron Market Drivers
11.4.3 Merchant Pig Iron Market Challenges
11.4.4 Merchant Pig Iron Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Merchant Pig Iron Distributors
12.3 Merchant Pig 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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