Home Advanced Materials Iron Ore Pellets Market Size, CAGR, Forecast to 2032

Iron Ore Pellets Market

Iron Ore Pellets Market Size, Share & Trends Analysis Report By Product (Blast Furnace Grade Pellets, Direct Reduced Grade Pellets), By Trade (Captive, Seaborne), By Balling Technology (Balling disc, Balling drum), By Application (Steel production, Iron-based chemicals), By Steelmaking Technology (Electric arc furnace, Electric induction furnace, Oxygen based/blast furnace), By Product Source (Hematite, Magnetite, Taconite, Others), By Pelletizing Process (Travelling grate, Grate kiln, Others), By End-use (Automotive, Railway, Shipping, Aerospace, Construction, Consumer Goods, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2024-2032

Report Code: SRAM1567DR
Study Period 2020-2032 CAGR 5%
Historical Period 2020-2022 Forecast Period 2024-2032
Base Year 2023 Base Year Market Size USD XX Billion
Forecast Year 2032 Forecast Year Market Size USD XX Billion
Largest Market Asia Pacific Fastest Growing Market Europe
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Market Segmentation

  1. Iron Ore Pellets Market, By Product (2020-2032)
    1. Blast Furnace Grade Pellets
    2. Direct Reduced Grade Pellets
  2. Iron Ore Pellets Market, By Trade (2020-2032)
    1. Captive
    2. Seaborne
  3. Iron Ore Pellets Market, By Balling Technology (2020-2032)
    1. Balling disc
    2. Balling drum
  4. Iron Ore Pellets Market, By Application (2020-2032)
    1. Steel production
    2. Iron-based chemicals
  5. Iron Ore Pellets Market, By Steelmaking Technology (2020-2032)
    1. Electric arc furnace
    2. Electric induction furnace
    3. Oxygen based/blast furnace
  6. Iron Ore Pellets Market, By Product Source (2020-2032)
    1. Hematite
    2. Magnetite
    3. Taconite
    4. Others
  7. Iron Ore Pellets Market, By Pelletizing Process (2020-2032)
    1. Travelling grate
    2. Grate kiln
    3. Others
  8. Iron Ore Pellets Market, By End-use (2020-2032)
    1. Automotive
    2. Railway
    3. Shipping
    4. Aerospace
    5. Construction
    6. Consumer Goods
    7. Others
    1. North America
      1. North America Iron Ore Pellets Market, By Product
        1. Blast Furnace Grade Pellets
          1. Direct Reduced Grade Pellets
          2. North America Iron Ore Pellets Market, By Trade
            1. Captive
              1. Seaborne
              2. North America Iron Ore Pellets Market, By Balling Technology
                1. Balling disc
                  1. Balling drum
                  2. North America Iron Ore Pellets Market, By Application
                    1. Steel production
                      1. Iron-based chemicals
                      2. North America Iron Ore Pellets Market, By Steelmaking Technology
                        1. Electric arc furnace
                          1. Electric induction furnace
                            1. Oxygen based/blast furnace
                            2. North America Iron Ore Pellets Market, By Product Source
                              1. Hematite
                                1. Magnetite
                                  1. Taconite
                                    1. Others
                                    2. North America Iron Ore Pellets Market, By Pelletizing Process
                                      1. Travelling grate
                                        1. Grate kiln
                                          1. Others
                                          2. North America Iron Ore Pellets Market, By End-use
                                            1. Automotive
                                              1. Railway
                                                1. Shipping
                                                  1. Aerospace
                                                    1. Construction
                                                      1. Consumer Goods
                                                        1. Others
                                                        2. U.S.
                                                          1. U.S. Iron Ore Pellets Market, By Product
                                                            1. Blast Furnace Grade Pellets
                                                              1. Direct Reduced Grade Pellets
                                                              2. U.S. Iron Ore Pellets Market, By Trade
                                                                1. Captive
                                                                  1. Seaborne
                                                                  2. U.S. Iron Ore Pellets Market, By Balling Technology
                                                                    1. Balling disc
                                                                      1. Balling drum
                                                                      2. U.S. Iron Ore Pellets Market, By Application
                                                                        1. Steel production
                                                                          1. Iron-based chemicals
                                                                          2. U.S. Iron Ore Pellets Market, By Steelmaking Technology
                                                                            1. Electric arc furnace
                                                                              1. Electric induction furnace
                                                                                1. Oxygen based/blast furnace
                                                                                2. U.S. Iron Ore Pellets Market, By Product Source
                                                                                  1. Hematite
                                                                                    1. Magnetite
                                                                                      1. Taconite
                                                                                        1. Others
                                                                                        2. U.S. Iron Ore Pellets Market, By Pelletizing Process
                                                                                          1. Travelling grate
                                                                                            1. Grate kiln
                                                                                              1. Others
                                                                                              2. U.S. Iron Ore Pellets Market, By End-use
                                                                                                1. Automotive
                                                                                                  1. Railway
                                                                                                    1. Shipping
                                                                                                      1. Aerospace
                                                                                                        1. Construction
                                                                                                          1. Consumer Goods
                                                                                                            1. Others
                                                                                                          2. Canada
                                                                                                        2. Europe
                                                                                                          1. Europe Iron Ore Pellets Market, By Product
                                                                                                            1. Blast Furnace Grade Pellets
                                                                                                              1. Direct Reduced Grade Pellets
                                                                                                              2. Europe Iron Ore Pellets Market, By Trade
                                                                                                                1. Captive
                                                                                                                  1. Seaborne
                                                                                                                  2. Europe Iron Ore Pellets Market, By Balling Technology
                                                                                                                    1. Balling disc
                                                                                                                      1. Balling drum
                                                                                                                      2. Europe Iron Ore Pellets Market, By Application
                                                                                                                        1. Steel production
                                                                                                                          1. Iron-based chemicals
                                                                                                                          2. Europe Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                            1. Electric arc furnace
                                                                                                                              1. Electric induction furnace
                                                                                                                                1. Oxygen based/blast furnace
                                                                                                                                2. Europe Iron Ore Pellets Market, By Product Source
                                                                                                                                  1. Hematite
                                                                                                                                    1. Magnetite
                                                                                                                                      1. Taconite
                                                                                                                                        1. Others
                                                                                                                                        2. Europe Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                          1. Travelling grate
                                                                                                                                            1. Grate kiln
                                                                                                                                              1. Others
                                                                                                                                              2. Europe Iron Ore Pellets Market, By End-use
                                                                                                                                                1. Automotive
                                                                                                                                                  1. Railway
                                                                                                                                                    1. Shipping
                                                                                                                                                      1. Aerospace
                                                                                                                                                        1. Construction
                                                                                                                                                          1. Consumer Goods
                                                                                                                                                            1. Others
                                                                                                                                                            2. U.K.
                                                                                                                                                              1. U.K. Iron Ore Pellets Market, By Product
                                                                                                                                                                1. Blast Furnace Grade Pellets
                                                                                                                                                                  1. Direct Reduced Grade Pellets
                                                                                                                                                                  2. U.K. Iron Ore Pellets Market, By Trade
                                                                                                                                                                    1. Captive
                                                                                                                                                                      1. Seaborne
                                                                                                                                                                      2. U.K. Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                        1. Balling disc
                                                                                                                                                                          1. Balling drum
                                                                                                                                                                          2. U.K. Iron Ore Pellets Market, By Application
                                                                                                                                                                            1. Steel production
                                                                                                                                                                              1. Iron-based chemicals
                                                                                                                                                                              2. U.K. Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                1. Electric arc furnace
                                                                                                                                                                                  1. Electric induction furnace
                                                                                                                                                                                    1. Oxygen based/blast furnace
                                                                                                                                                                                    2. U.K. Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                      1. Hematite
                                                                                                                                                                                        1. Magnetite
                                                                                                                                                                                          1. Taconite
                                                                                                                                                                                            1. Others
                                                                                                                                                                                            2. U.K. Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                              1. Travelling grate
                                                                                                                                                                                                1. Grate kiln
                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                  2. U.K. Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                    1. Automotive
                                                                                                                                                                                                      1. Railway
                                                                                                                                                                                                        1. Shipping
                                                                                                                                                                                                          1. Aerospace
                                                                                                                                                                                                            1. Construction
                                                                                                                                                                                                              1. Consumer Goods
                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                              2. Germany
                                                                                                                                                                                                              3. France
                                                                                                                                                                                                              4. Spain
                                                                                                                                                                                                              5. Italy
                                                                                                                                                                                                              6. Russia
                                                                                                                                                                                                              7. Nordic
                                                                                                                                                                                                              8. Benelux
                                                                                                                                                                                                              9. Rest of Europe
                                                                                                                                                                                                            2. APAC
                                                                                                                                                                                                              1. APAC Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                  1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                  2. APAC Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                    1. Captive
                                                                                                                                                                                                                      1. Seaborne
                                                                                                                                                                                                                      2. APAC Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                        1. Balling disc
                                                                                                                                                                                                                          1. Balling drum
                                                                                                                                                                                                                          2. APAC Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                            1. Steel production
                                                                                                                                                                                                                              1. Iron-based chemicals
                                                                                                                                                                                                                              2. APAC Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                1. Electric arc furnace
                                                                                                                                                                                                                                  1. Electric induction furnace
                                                                                                                                                                                                                                    1. Oxygen based/blast furnace
                                                                                                                                                                                                                                    2. APAC Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                      1. Hematite
                                                                                                                                                                                                                                        1. Magnetite
                                                                                                                                                                                                                                          1. Taconite
                                                                                                                                                                                                                                            1. Others
                                                                                                                                                                                                                                            2. APAC Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                              1. Travelling grate
                                                                                                                                                                                                                                                1. Grate kiln
                                                                                                                                                                                                                                                  1. Others
                                                                                                                                                                                                                                                  2. APAC Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                    1. Automotive
                                                                                                                                                                                                                                                      1. Railway
                                                                                                                                                                                                                                                        1. Shipping
                                                                                                                                                                                                                                                          1. Aerospace
                                                                                                                                                                                                                                                            1. Construction
                                                                                                                                                                                                                                                              1. Consumer Goods
                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                2. China
                                                                                                                                                                                                                                                                  1. China Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                                                                    1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                                                                      1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                                                                      2. China Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                                                                        1. Captive
                                                                                                                                                                                                                                                                          1. Seaborne
                                                                                                                                                                                                                                                                          2. China Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                                                                            1. Balling disc
                                                                                                                                                                                                                                                                              1. Balling drum
                                                                                                                                                                                                                                                                              2. China Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                                                                                1. Steel production
                                                                                                                                                                                                                                                                                  1. Iron-based chemicals
                                                                                                                                                                                                                                                                                  2. China Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                                                                    1. Electric arc furnace
                                                                                                                                                                                                                                                                                      1. Electric induction furnace
                                                                                                                                                                                                                                                                                        1. Oxygen based/blast furnace
                                                                                                                                                                                                                                                                                        2. China Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                                                                          1. Hematite
                                                                                                                                                                                                                                                                                            1. Magnetite
                                                                                                                                                                                                                                                                                              1. Taconite
                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                2. China Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                                                                                  1. Travelling grate
                                                                                                                                                                                                                                                                                                    1. Grate kiln
                                                                                                                                                                                                                                                                                                      1. Others
                                                                                                                                                                                                                                                                                                      2. China Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                                                                        1. Automotive
                                                                                                                                                                                                                                                                                                          1. Railway
                                                                                                                                                                                                                                                                                                            1. Shipping
                                                                                                                                                                                                                                                                                                              1. Aerospace
                                                                                                                                                                                                                                                                                                                1. Construction
                                                                                                                                                                                                                                                                                                                  1. Consumer Goods
                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                                                                                                                  6. Taiwan
                                                                                                                                                                                                                                                                                                                  7. South East Asia
                                                                                                                                                                                                                                                                                                                  8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                                                                                                                  1. Middle East and Africa Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                                                                                                                    1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                                                                                                                      1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                                                                                                                      2. Middle East and Africa Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                                                                                                                        1. Captive
                                                                                                                                                                                                                                                                                                                          1. Seaborne
                                                                                                                                                                                                                                                                                                                          2. Middle East and Africa Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                                                                                                                            1. Balling disc
                                                                                                                                                                                                                                                                                                                              1. Balling drum
                                                                                                                                                                                                                                                                                                                              2. Middle East and Africa Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                                                                                                                                1. Steel production
                                                                                                                                                                                                                                                                                                                                  1. Iron-based chemicals
                                                                                                                                                                                                                                                                                                                                  2. Middle East and Africa Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                                                                                                                    1. Electric arc furnace
                                                                                                                                                                                                                                                                                                                                      1. Electric induction furnace
                                                                                                                                                                                                                                                                                                                                        1. Oxygen based/blast furnace
                                                                                                                                                                                                                                                                                                                                        2. Middle East and Africa Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                                                                                                                          1. Hematite
                                                                                                                                                                                                                                                                                                                                            1. Magnetite
                                                                                                                                                                                                                                                                                                                                              1. Taconite
                                                                                                                                                                                                                                                                                                                                                1. Others
                                                                                                                                                                                                                                                                                                                                                2. Middle East and Africa Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                                                                                                                                  1. Travelling grate
                                                                                                                                                                                                                                                                                                                                                    1. Grate kiln
                                                                                                                                                                                                                                                                                                                                                      1. Others
                                                                                                                                                                                                                                                                                                                                                      2. Middle East and Africa Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                                                                                                                        1. Automotive
                                                                                                                                                                                                                                                                                                                                                          1. Railway
                                                                                                                                                                                                                                                                                                                                                            1. Shipping
                                                                                                                                                                                                                                                                                                                                                              1. Aerospace
                                                                                                                                                                                                                                                                                                                                                                1. Construction
                                                                                                                                                                                                                                                                                                                                                                  1. Consumer Goods
                                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                                    2. UAE
                                                                                                                                                                                                                                                                                                                                                                      1. UAE Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                                                                                                                                                                        1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                          1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                          2. UAE Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                                                                                                                                                                            1. Captive
                                                                                                                                                                                                                                                                                                                                                                              1. Seaborne
                                                                                                                                                                                                                                                                                                                                                                              2. UAE Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                                                                                                                                                                                1. Balling disc
                                                                                                                                                                                                                                                                                                                                                                                  1. Balling drum
                                                                                                                                                                                                                                                                                                                                                                                  2. UAE Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                    1. Steel production
                                                                                                                                                                                                                                                                                                                                                                                      1. Iron-based chemicals
                                                                                                                                                                                                                                                                                                                                                                                      2. UAE Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                                                                                                                                                                        1. Electric arc furnace
                                                                                                                                                                                                                                                                                                                                                                                          1. Electric induction furnace
                                                                                                                                                                                                                                                                                                                                                                                            1. Oxygen based/blast furnace
                                                                                                                                                                                                                                                                                                                                                                                            2. UAE Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                                                                                                                                                                              1. Hematite
                                                                                                                                                                                                                                                                                                                                                                                                1. Magnetite
                                                                                                                                                                                                                                                                                                                                                                                                  1. Taconite
                                                                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                                                                    2. UAE Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                                                                                                                                                                                      1. Travelling grate
                                                                                                                                                                                                                                                                                                                                                                                                        1. Grate kiln
                                                                                                                                                                                                                                                                                                                                                                                                          1. Others
                                                                                                                                                                                                                                                                                                                                                                                                          2. UAE Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                                                                                                                                                                            1. Automotive
                                                                                                                                                                                                                                                                                                                                                                                                              1. Railway
                                                                                                                                                                                                                                                                                                                                                                                                                1. Shipping
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Aerospace
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Construction
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Consumer Goods
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                      1. LATAM Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                                                                          1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                                                                          2. LATAM Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                                                                                                                                                                                                                            1. Captive
                                                                                                                                                                                                                                                                                                                                                                                                                              1. Seaborne
                                                                                                                                                                                                                                                                                                                                                                                                                              2. LATAM Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                1. Balling disc
                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Balling drum
                                                                                                                                                                                                                                                                                                                                                                                                                                  2. LATAM Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Steel production
                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Iron-based chemicals
                                                                                                                                                                                                                                                                                                                                                                                                                                      2. LATAM Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Electric arc furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Electric induction furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Oxygen based/blast furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                            2. LATAM Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Hematite
                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Magnetite
                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Taconite
                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                    2. LATAM Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Travelling grate
                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Grate kiln
                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                          2. LATAM Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Automotive
                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Railway
                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Shipping
                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Aerospace
                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Construction
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Consumer Goods
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Brazil Iron Ore Pellets Market, By Product
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Blast Furnace Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Direct Reduced Grade Pellets
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Iron Ore Pellets Market, By Trade
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Captive
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Seaborne
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  2. Brazil Iron Ore Pellets Market, By Balling Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Balling disc
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Balling drum
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      2. Brazil Iron Ore Pellets Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Steel production
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Iron-based chemicals
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Brazil Iron Ore Pellets Market, By Steelmaking Technology
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Electric arc furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Electric induction furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Oxygen based/blast furnace
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil Iron Ore Pellets Market, By Product Source
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Hematite
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Magnetite
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Taconite
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Iron Ore Pellets Market, By Pelletizing Process
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Travelling grate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Grate kiln
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Iron Ore Pellets Market, By End-use
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                1. Automotive
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  1. Railway
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    1. Shipping
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      1. Aerospace
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        1. Construction
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          1. Consumer Goods
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            1. Others
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM

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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      The global iron oxide pigments market size was valued at USD 2,246 million in 2022. It is estimated to reach USD 3,352 million by 2031, growing at a CAGR of 4.55% during the forecast period (2023–2031). Leading MNCs have been making signif
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