Lucintel's latest market report analyzed that magnetite provides attractive opportunities in the iron and steel and medication industries. The magnetite market is expected to reach $132.7 billion by 2027 with a CAGR of 2.9%. In this market, iron and steel is the largest segment by end use industry, whereas natural magnetite is largest by product type.
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Based on end use industry, the magnetite market is segmented into iron and steel, medication, and others. The iron and steel segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to growth in building and construction, automotive production, and rapid industrialization in emerging economies.
Browse in-depth TOC on “Magnetite Market”
68 – Tables
107 – Figures
205 – Pages
The Magnetite Market is marked by the presence of several big and small players. Some of the prominent players offering magnetite include Atlas Iron Limited, Fortescue Metals Group, BHP Billiton, Rio Tinto, Cap-Ex Ventures, Labrador Iron Mines, Champion Minerals, Cliffs Natural Resources, Vale S.A., Cathay Industries, and Cosmo AM&T.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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