An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400-ton units used for secondary steelmaking. Arc furnaces used in research laboratories and by dentists may have a capacity of only a few dozen grams. Industrial electric arc furnace temperatures can be up to 1,800 °C (3,272 °F), while laboratory units can exceed 3,000 °C (5,432 °F).
Market trend Snapshot
Global Electric Arc Furnaces market was valued at 1,029 million USD in 2019 and expected to reach 1,798 million USD by 2026, growing at a CAGR of 8.3%. This report provides comprehensive and in-depth analysis and prediction of the Electric Arc Furnaces industry.
From Base year 2018 to forecast year 2026
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Key Market Players Profile
Key market players covered in the report such as Danieli, Electrotherm, SMS, Siemens, TENOVA, STEEL PLANTECH, Doshi, IHI, DongXong, YUEDA, and Nupro Corporation. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Electric Arc Furnaces report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
Global Electric Arc Furnaces Market Region Outlook
Electric Arc Furnaces Type and Application Sketch
By type
DC electric arc furnace segment occupied the maximum market share and expected to maintain dominance during the forecast period.
By application
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Electric Arc Furnaces Report provides
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Electric Arc Furnaces Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Electric Arc Furnaces Market by Types
4 Segmentation of Electric Arc Furnaces Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Electric Arc Furnaces Market in Major Countries
7 North America Electric Arc Furnaces Landscape Analysis
8 Europe Electric Arc Furnaces Landscape Analysis
9 Asia Pacific Electric Arc Furnaces Landscape Analysis
10 Latin America, Middle East & Africa Electric Arc Furnaces Landscape Analysis
11 Major Players Profile
11.1 Danieli
11.1.1 Danieli Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Electrotherm
11.3 SMS
11.4 Siemens
11.5 TENOVA
11.6 STEEL PLANTECH
11.7 Doshi
11.8 IHI
11.9 DongXong
11.10 YUEDA
11.11 Nupro Corporation
…
Target Audience:
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