India Direct Reduced Iron (DRI) Market (2025-2031) | Analysis, Competitive Landscape, Forecast, Outlook, Companies, Segmentation, Industry, Share, Size & Revenue, Growth, Value, Trends

Market Forecast By Form (Pellets, Lumps), By Production Process (Gas-based, Coal-based), By Grade (Grade A (FeM 81% Min), Grade B (FeM 78 To 80 %), Grade C (FeM < 78%)) And Competitive Landscape
Product Code: ETC7541771 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Direct Reduced Iron (Dri) Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s direct reduced iron (DRI) import shipments in 2024 continued to be dominated by top exporting countries including Russia, Oman, South Africa, UAE, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 88.53% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -28.7%. This data suggests a dynamic market with shifting trends in DRI imports to India, influenced by various factors impacting the global trade landscape.

Key Highlights of the Report:

  • India Direct Reduced Iron (DRI) Market Outlook
  • Market Size of India Direct Reduced Iron (DRI) Market, 2024
  • Forecast of India Direct Reduced Iron (DRI) Market, 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Revenues & Volume for the Period 2021- 2031
  • India Direct Reduced Iron (DRI) Market Trend Evolution
  • India Direct Reduced Iron (DRI) Market Drivers and Challenges
  • India Direct Reduced Iron (DRI) Price Trends
  • India Direct Reduced Iron (DRI) Porter's Five Forces
  • India Direct Reduced Iron (DRI) Industry Life Cycle
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Form for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Pellets for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Lumps for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Production Process for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Gas-based for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Coal-based for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Grade for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Grade A (FeM 81% Min) for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Grade B (FeM 78 To 80 %) for the Period 2021- 2031
  • Historical Data and Forecast of India Direct Reduced Iron (DRI) Market Revenues & Volume By Grade C (FeM < 78%) for the Period 2021- 2031
  • India Direct Reduced Iron (DRI) Import Export Trade Statistics
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Production Process
  • Market Opportunity Assessment By Grade
  • India Direct Reduced Iron (DRI) Top Companies Market Share
  • India Direct Reduced Iron (DRI) Competitive Benchmarking By Technical and Operational Parameters
  • India Direct Reduced Iron (DRI) Company Profiles
  • India Direct Reduced Iron (DRI) Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Direct Reduced Iron (DRI) Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Direct Reduced Iron (DRI) Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Direct Reduced Iron (DRI) Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Direct Reduced Iron (DRI) Market Revenues & Volume, 2021 & 2031F

3.3 India Direct Reduced Iron (DRI) Market - Industry Life Cycle

3.4 India Direct Reduced Iron (DRI) Market - Porter's Five Forces

3.5 India Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Form, 2021 & 2031F

3.6 India Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Production Process, 2021 & 2031F

3.7 India Direct Reduced Iron (DRI) Market Revenues & Volume Share, By Grade, 2021 & 2031F

4 India Direct Reduced Iron (DRI) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in infrastructure development projects in India

4.2.2 Increasing demand for steel in various industries

4.2.3 Favorable government policies promoting the use of direct reduced iron (DRI)

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in DRI production

4.3.2 Intense competition from alternative iron production methods

4.3.3 Environmental concerns related to DRI production processes

5 India Direct Reduced Iron (DRI) Market Trends

6 India Direct Reduced Iron (DRI) Market, By Types

6.1 India Direct Reduced Iron (DRI) Market, By Form

6.1.1 Overview and Analysis

6.1.2 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Form, 2021- 2031F

6.1.3 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Pellets, 2021- 2031F

6.1.4 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Lumps, 2021- 2031F

6.2 India Direct Reduced Iron (DRI) Market, By Production Process

6.2.1 Overview and Analysis

6.2.2 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Gas-based, 2021- 2031F

6.2.3 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Coal-based, 2021- 2031F

6.3 India Direct Reduced Iron (DRI) Market, By Grade

6.3.1 Overview and Analysis

6.3.2 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade A (FeM 81% Min), 2021- 2031F

6.3.3 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade B (FeM 78 To 80 %), 2021- 2031F

6.3.4 India Direct Reduced Iron (DRI) Market Revenues & Volume, By Grade C (FeM < 78%), 2021- 2031F

7 India Direct Reduced Iron (DRI) Market Import-Export Trade Statistics

7.1 India Direct Reduced Iron (DRI) Market Export to Major Countries

7.2 India Direct Reduced Iron (DRI) Market Imports from Major Countries

8 India Direct Reduced Iron (DRI) Market Key Performance Indicators

8.1 Energy efficiency of DRI production process

8.2 Utilization rate of DRI plants in India

8.3 Investment in research and development for DRI technology improvements

9 India Direct Reduced Iron (DRI) Market - Opportunity Assessment

9.1 India Direct Reduced Iron (DRI) Market Opportunity Assessment, By Form, 2021 & 2031F

9.2 India Direct Reduced Iron (DRI) Market Opportunity Assessment, By Production Process, 2021 & 2031F

9.3 India Direct Reduced Iron (DRI) Market Opportunity Assessment, By Grade, 2021 & 2031F

10 India Direct Reduced Iron (DRI) Market - Competitive Landscape

10.1 India Direct Reduced Iron (DRI) Market Revenue Share, By Companies, 2024

10.2 India Direct Reduced Iron (DRI) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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