Blast furnace

Research Report with COVID-19 Forecasts- Blast Furnaces Market 2020-2024 | Large Installed Base of Blast Furnaces to Boost Growth | Technavio

Saturday, May 23, 2020 - 12:30am

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43130

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43130
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our blast furnaces market report covers the following areas:
    This study identifies the increasing adoption of telerehabilitation as one of the prime reasons driving the blast furnaces market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the blast furnaces market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Hydrogen Can Immediately Reduce Emissions for Heavy Industry

Tuesday, January 28, 2020 - 11:00am

RMI's new research shows that in many developed economies where power grids have less CO2-intensive generation sources, such as the EU and the United States, hydrogen produced through electrolysis can immediately start decarbonizing the steel industry.

Key Points: 
  • RMI's new research shows that in many developed economies where power grids have less CO2-intensive generation sources, such as the EU and the United States, hydrogen produced through electrolysis can immediately start decarbonizing the steel industry.
  • "What we found is that there is no reason to wait with transitioning the steel industry from current blast furnace technologies to using hydrogen," said Thomas Kock Blank, a principal in RMI's Industry program.
  • "If we delay the fuel shift in heavy industry, shipping, trucking or other sectors, by the time there is a supply of green hydrogen at scale, we will already be overshooting a 1.5C pathway."
  • Additional findings from the report include:
    For economies with a large portion of coal power in their grid, like India and China, hydrogen can still reduce emissions in the steel industry.

Global Electric Arc Furnaces Market 2019-2023 | Evolving Opportunities with DANIELI and IHI | Technavio

Wednesday, December 11, 2019 - 8:30am

Technavio has been monitoring the global electric arc furnaces market and the market is poised to grow by USD 470 million during 2019-2023 at a CAGR of nearly 11% during the forecast period.

Key Points: 
  • Technavio has been monitoring the global electric arc furnaces market and the market is poised to grow by USD 470 million during 2019-2023 at a CAGR of nearly 11% during the forecast period.
  • View the full release here: https://www.businesswire.com/news/home/20191211005301/en/
    Technavio has announced its latest market research report titled global electric arc furnaces market 2019-2023 (Graphic: Business Wire)
    Read the 105-page research report with TOC on "Electric Arc Furnaces Market Analysis Report by Technology (DC arc furnace and AC arc furnace), by Geography (the Americas, APAC, and EMEA), and Segment Forecasts, 2019 - 2023".
  • Also, the improving power supply infrastructure is anticipated to further boost the growth of the electric arc furnaces market.
  • Electric arc furnaces (EAF) route and blast furnace to basic oxygen furnace (BF-BOF) route are the two routes the steel industry follows to produce steel.

Global Vacuum Furnace Markets, 2014-2018 & 2019-2024 by Analysis By Process (Brazing, Hardening, Carburizing, Others), Applications (Aerospace, Automotive, Tool & Die, Power, Others)

Tuesday, November 26, 2019 - 6:00pm

The rise in investments in vehicle manufacturing plants from the developed and developing countries, owing to factors such as growing population and the growth in disposable incomes is driving the market of vacuum furnace.

Key Points: 
  • The rise in investments in vehicle manufacturing plants from the developed and developing countries, owing to factors such as growing population and the growth in disposable incomes is driving the market of vacuum furnace.
  • The growing automobile and aerospace industry contribute the demand for commercial vehicles and aviation equipment hence the demand for heat treating process increases.
  • Also, increase in the usage of heat-treating process in construction industry estimates the global vacuum furnace market growth.
  • Changing trends to use vacuum furnace instead of a blast furnace is on the rise owing to its benefits over the traditional furnace, such as eco-friendly nature and reduced carbon dioxide emissions.

Xinhua Silk Road: Shaangu Group to break new ground with gold medal won at 2019 World Manufacturing Convention

Friday, October 18, 2019 - 2:14am

BEIJING, Oct. 18, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical innovation power.

Key Points: 
  • BEIJING, Oct. 18, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical innovation power.
  • Based in Xi'an, capital of Northwest China's Shaanxi province, Shaangu Group is a systematic solution provider and service provider specialized in distributed energy.
  • Six of its research achievements have won China's State Scientific and Technological Progress Award, and more than 200 science and technology awards recognized by the Chinese government.
  • In recent years, the group has actively participated in Belt and Road construction and paced up overseas expansion.

Xinhua Silk Road: Shaangu Group to break new ground with gold medal won at 2019 World Manufacturing Convention

Friday, October 18, 2019 - 1:51am

BEIJING, Oct. 17, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical innovation power.

Key Points: 
  • BEIJING, Oct. 17, 2019 /PRNewswire/ -- At the recent 2019 World Manufacturing Convention, Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) won gold prize of innovative products in green energy saving for its blast furnace power recovery turbine (BPRT), which again proves the company's technical innovation power.
  • Based in Xi'an, capital of Northwest China's Shaanxi province, Shaangu Group is a systematic solution provider and service provider specialized in distributed energy.
  • Six of its research achievements have won China's State Scientific and Technological Progress Award, and more than 200 science and technology awards recognized by the Chinese government.
  • In recent years, the group has actively participated in Belt and Road construction and paced up overseas expansion.

Global Metallurgical Coke Market is Expected to Reach $239.34 Billion by 2026

Wednesday, August 28, 2019 - 10:00pm

GAITHERSBURG, Maryland, Aug. 28, 2019 /PRNewswire/ -- According to Stratistics MRC, the Global Metallurgical Coke market is accounted for $179.71 billion in 2017 and is expected to reach $239.34 billion by 2026 growing at a CAGR of 3.2%.

Key Points: 
  • GAITHERSBURG, Maryland, Aug. 28, 2019 /PRNewswire/ -- According to Stratistics MRC, the Global Metallurgical Coke market is accounted for $179.71 billion in 2017 and is expected to reach $239.34 billion by 2026 growing at a CAGR of 3.2%.
  • Growing production and demand for automobiles and rising demand from various end-use industries are some of the factors fuelling market growth.
  • Metallurgical coke is a basic raw material used for the production of pig iron and steel.
  • Most metallurgical coke is used in iron and steel industry processes such as blast furnaces, sinter plants, and foundries to reduce iron ore to iron.

$239.34 Bn Metallurgical Coke Market - Global Outlook 2017-2019 & 2026 - ResearchAndMarkets.com

Thursday, April 11, 2019 - 10:22am

The "Metallurgical Coke - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Metallurgical Coke - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
  • Growing production and demand for automobiles and rising demand from various end-use industries are some of the factors fuelling market growth.
  • Metallurgical coke is a basic raw material used for the production of pig iron and steel.
  • Most metallurgical coke is used in iron and steel industry processes such as blast furnaces, sinter plants, and foundries to reduce iron ore to iron.

Global Blast Furnaces Market 2019-2023: Large Installed Base of Blast Furnaces to Provide Considerable Growth Opportunities

Wednesday, November 14, 2018 - 12:15pm

Thus, by providing equipment as a service, blast furnace vendors will be able to increase their market share and thereby boost market growth.

Key Points: 
  • Thus, by providing equipment as a service, blast furnace vendors will be able to increase their market share and thereby boost market growth.
  • This makes the exit barriers very high for integrated steel plant operators which leads to the creation of a large installed base thereby driving blast furnace replacement market growth.
  • Factors such as the large installed base of blast furnaces, will provide considerable growth opportunities to blast furnace manufacturers.
  • According to the report, one of the major drivers for this market is the large installed base of blast furnaces which is driving the blast furnace replacement market.