© 2016 Global Market Insights, Inc. USA. All Rights Reserved Iron Ore Pellets Market Size will witness a rapid growth to 2025

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Automotive industry is developing at an escalating rate in the emerging economies. China is the world’s largest automotive manufacturer and has witnessed a significant growth in the last five years. Whereas, over the same period, India has shown significant improvement in year-on-year rate in automotive production. Over the last decade, governments in emerging countries have formulated and implemented several policies aimed towards the development of automotive sector in the region. It has resulted in huge investments in the region from several world- renowned automotive manufacturers. This has also led to improvements in the existing automotive production standards in these countries. Application of steel in automotive sector includes bus bodies, car-doors, lightweight fuel-tank, motor shaft, bicycle rim, motorcycle, truck protector, silencer wool, fuel-filler neck, motorcycle frame, etc. As steel is widely used in automotive industry, developments in this sector will drive the iron ore pellets market demand across the globe. Key Insights Iron Ore Pellets Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  United States of America is the largest spender and manufacturer in aerospace & defense sector. Volatile political condition across the world has resulted in several developed and developing countries to invest in their respective defense sector. This has fueled the demand for fighter jets and other defense aircrafts. Furthermore, rising number of air passengers have generated numerous new orders for commercial aircrafts. As per Boeing, one of the world’s largest aircraft manufacturers, more than 35,000 aircrafts will be manufactured over a period of two decades, aiming towards fulfilling the rising aircraft demand. The growth of aerospace & defense sector will propel the iron ore pellets market demand owing to the extensive use of steel in aircraft manufacturing. Steel is widely used in aerospace & defense sector for fuel tanks, structural parts, high-temperature components, exhaust components, etc.

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Major Companies in Iron Ore Pellets Market: Vale Metso Corporation LKAB Arya Group Metalloinvest MC Iron Ore Company Simec Group

© 2016 Global Market Insights, Inc. USA. All Rights Reserved United States of America is the largest spender and manufacturer in aerospace & defense sector. Volatile political condition across the world has resulted in several developed and developing countries to invest in their respective defense sector. This has fueled the demand for fighter jets and other defense aircrafts. Furthermore, rising number of air passengers have generated numerous new orders for commercial aircrafts. As per Boeing, one of the world’s largest aircraft manufacturers, more than 35,000 aircrafts will be manufactured over a period of two decades, aiming towards fulfilling the rising aircraft demand. The growth of aerospace & defense sector will propel the iron ore pellets market demand owing to the extensive use of steel in aircraft manufacturing. Steel is widely used in aerospace & defense sector for fuel tanks, structural parts, high-temperature components, exhaust components, etc. Regional Insights Iron Ore Pellets Market:

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