India Pig Iron Market (2020-2026) | Share, Value, Industry, COVID-19 IMPACT, Size, Growth, Forecast, Outlook, Trends, Companies, Revenue & Analysis

Market Forecast By Product Types (Basic Pig Iron, Foundry Pig Iron, High Purity Pig Iron), By Applications (Foundry, Construction, Stainless Steel, Others) And Competitive Landscape
Product Code: ETC005264 Publication Date: Aug 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Pig Iron Market Shipment Analysis

India Pig Iron Market registered a decline of -36.2% in value shipments in 2022 as compared to 2021 and a decrease of -17.2% CAGR in 2022 over a period of 2017. In Pig Iron Market India is becoming more competitive as the HHI index in 2022 was 4614 while in 2017 it was 5217. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Pig Iron Market.

India Pig Iron Market Competition 2023


India Export Potential Assessment For Pig Iron Market (USD Values in Thousand)


India Pig Iron Market Synopsis

The India pig iron market is expected to grow at a CAGR of 5.1% during the forecast period (2020-2026). Pig iron is an intermediate product obtained in the production of steel, where it is used as a raw material. Primary markets for pig iron are steelmakers and foundries. Steel makers use it for further processing into various grades of steel whereas foundries utilize it to manufacture castings and other metal components that require higher levels of carbon content. The rising demand from end user industries such as automotive, construction, infrastructure development and manufacturing have been among the key drivers pushing up the demand for pig iron in India over recent years. In addition, increasing government initiatives towards infrastructure development coupled with rapid industrialization has also provided impetus to this growth trend over recent years. Furthermore, innovation in production techniques has resulted in improved quality and cost efficiency which has subsequently led to increased usage amongst Indian manufacturers in the coming future years.

Key Highlights of the Report:

  • India Pig Iron Market Outlook
  • Market Size of India Pig Iron Market, 2019
  • Forecast of India Pig Iron Market, 2026
  • Historical Data and Forecast of India Pig Iron Revenues & Volume for the Period 2016 - 2026
  • India Pig Iron Market Trend Evolution
  • India Pig Iron Market Drivers and Challenges
  • India Pig Iron Price Trends
  • India Pig Iron Porter's Five Forces
  • India Pig Iron Industry Life Cycle
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Product Types for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Basic Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Foundry Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By High Purity Pig Iron for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Foundry for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Construction for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Stainless Steel for the Period 2016 - 2026
  • Historical Data and Forecast of India Pig Iron Market Revenues & Volume By Others for the Period 2016 - 2026
  • India Pig Iron Import Export Trade Statistics
  • Market Opportunity Assessment By Product Types
  • Market Opportunity Assessment By Applications
  • India Pig Iron Top Companies Market Share
  • India Pig Iron Competitive Benchmarking By Technical and Operational Parameters
  • India Pig Iron Company Profiles
  • India Pig Iron Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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 Pig Iron Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Pig Iron Market Revenues & Volume, 2019 & 2026F

3.3 India Pig Iron Market - Industry Life Cycle

3.4 India Pig Iron Market - Porter's Five Forces

3.5 India Pig Iron Market Revenues & Volume Share, By Product Types, 2019 & 2026F

3.6 India Pig Iron Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 India Pig Iron Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Pig Iron Market Trends

6 India Pig Iron Market, By Types

6.1 India Pig Iron Market, By Product Types

6.1.1 Overview and Analysis

6.1.2 India Pig Iron Market Revenues & Volume, By Product Types, 2016 - 2026F

6.1.3 India Pig Iron Market Revenues & Volume, By Basic Pig Iron, 2016 - 2026F

6.1.4 India Pig Iron Market Revenues & Volume, By Foundry Pig Iron, 2016 - 2026F

6.1.5 India Pig Iron Market Revenues & Volume, By High Purity Pig Iron, 2016 - 2026F

6.2 India Pig Iron Market, By Applications

6.2.1 Overview and Analysis

6.2.2 India Pig Iron Market Revenues & Volume, By Foundry, 2016 - 2026F

6.2.3 India Pig Iron Market Revenues & Volume, By Construction, 2016 - 2026F

6.2.4 India Pig Iron Market Revenues & Volume, By Stainless Steel, 2016 - 2026F

6.2.5 India Pig Iron Market Revenues & Volume, By Others, 2016 - 2026F

7 India Pig Iron Market Import-Export Trade Statistics

7.1 India Pig Iron Market Export to Major Countries

7.2 India Pig Iron Market Imports from Major Countries

8 India Pig Iron Market Key Performance Indicators

9 India Pig Iron Market - Opportunity Assessment

9.1 India Pig Iron Market Opportunity Assessment, By Product Types, 2019 & 2026F

9.2 India Pig Iron Market Opportunity Assessment, By Applications, 2019 & 2026F

10 India Pig Iron Market - Competitive Landscape

10.1 India Pig Iron Market Revenue Share, By Companies, 2019

10.2 India Pig Iron Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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