Global Arc Electric Furnace Market is expected to grow by $ 526.50 mn in 2020-2024 coming forward at a CAGR of 11% in the forecast period

New York, December 22, 2020 (GLOBE NEWSWIRE) – Reportlinker.com announces release of “Arc Electric Furnace Market 2020-2024” report – https://www.reportlinker.com/p05608451/?utm_source=GNW
Our report on electric arcade market provides complete analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market situation, the latest trends and drivers, and the overall market environment. The market is driven by the lower investment requirements of the EAF route than the BF-BOF route and the increased availability of stainless steel. In addition, lower investment requirements of the EAF route than the BF-BOF route are expected to stimulate market growth as well.
Electric arc furnace market analysis covers the technology sector and geographical landscapes.

The electric arc furnace market is segmented as below:
With Technology
• DC arc furnace
• AC arc furnace

By Geographical Landscapes
• APAC
• Europe
• North America
• MEA
• South America

This study identifies new distribution rules in China as one of the key factors driving the growth of electric arc furnaces market in the next few years.
The analyst provides a detailed picture of the market with the method of analysis, synthesis, and data collection from multiple sources with analysis of key parameters. Our report on electric arc furnace market covers the following areas:
• Expansion of electric arc furnace market
• Electric arc furnace market outlook
• Electric arc furnaces market industry analysis

Read the full report: https://www.reportlinker.com/p05608451/?utm_source=GNW

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