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Report
Global Market for Electric Arc Furnace
Market Research Report I 2025-11-07 I 99 Pages I BCC Research
Description
Report Scope
This report analyzes the electric arc furnace (EAF) market based on type, capacity, function, application and end user. It segments the market into four regions: North America, Europe, Asia-Pacific and the Rest of the World (which includes South America, and the Middle East and Africa). The report further analyzes the market by major countries, such as the U.S., Mexico, China, Japan, India, Germany, Italy and Turkey.
The study includes profiles of leading companies, which include financials, product portfolios and recent developments. However, the financial information is provided only for public companies. The report also analyzes emerging technologies, patents and the competitive landscape with market rankings for top companies and key strategies/developments of leading companies. It also includes a chapter on environmental, social and governance (ESG) initiatives.
The report uses tables and figures to illustrate historical, current and future market scenarios. In this report, 2024 is considered the base year, 2025 is an estimated year, and market values are projected through 2030. All market values are nominal and in U.S. dollars ($) millions.
Report Includes
- An overview and in-depth analysis of the global markets of electric arc furnaces (EAFs) technology
- Analyses of the global market trends, with revenue data from 2024, estimates for 2025, forecast for 2026 and 2029, and projections of CAGRs through 2030
- Estimates of the market size and revenue prospects for the market , accompanied by a market share analysis by type, capacity, function, application, end user and region
- Insights derived from Porter's Five Forces model, as well as a global supply chain analysis
- Emerging technologies and new developments in the EAF industry
- A relevant patent analysis, featuring key granted and published patents
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies
- Analysis of the industry structure, including companies' market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Profiles of the leading companies in the market
Executive Summary
Summary:
This report provides an analysis of the global market for electric arc furnace (EAF). It covers market trends for 2024-2030 with projections of compound annual growth rates (CAGRs) through 2030. The report concludes with a competitive landscape and profiles of the leading companies.
Electric arc furnaces (EAFs) are known for efficiently recycling scrap metal and have lower energy consumption than traditional blast furnaces. Key trends supporting market expansion include technological innovations such as improved automation, advanced process controls and DC furnace technology.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Market Dynamics and Growth Factors
Future Trends and Developments
Segmental Analysis
Regional Insights and Emerging Markets
Conclusion
Chapter 2 Market Overview
Market Overview and Future Scenarios
Porter's Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Potential for New Entrants to the Market
Competition in the Industry
Threat of Substitutes
Patent Analysis
Overview
Key Patent Grants
Key Findings
Regulatory and Standards
International Standards
U.S.
Europe
Chapter 3 Market Dynamics
Overview
Market Drivers
Increasing Use of EAFs in Steel Production
Growing Emphasis on Scrap Recycling
Market Restraints/Challenges
Fluctuating Energy Prices
High Initial Investment and Operational Costs
Future Market Opportunities
Retrofitting and Modernization of Existing Steel Plants
Increasing Focus on Sustainability and Environment
Chapter 4 Emerging Technologies and Developments
Overview
Machine Learning
Genetic Algorithm (GA)
Digital Twins
Chapter 5 Market Segment Analysis
Segmentation Breakdown
Global EAF Market, by Type
Key Takeaways
AC Furnace
DC Furnace
Global EAF Market, by Capacity
Key Takeaways
<100 Tons
100-300 Tons
>300 Tons
Global EAF Market, by Function
Key Takeaways
Automatic
Manual
Global EAF Market, by Application
Key Takeaways
Ferrous Metal
Non-Ferrous Metal
Global EAF Market, by End User
Key Takeaways
Steel Industry
Foundries
Waste Management
Others
Geographic Breakdown
Global EAF Market, by Region
Key Takeaways
North America
Europe
Asia-Pacific
Rest of World
Chapter 6 Competitive Landscape
Overview
Market Ranking for Top Players
Danieli & C. S.p.A.
SMS Group GmbH
Tenova S.p.A.
Primetals Technologies
Sarralle
Product Mapping Analysis
Key Developments
Chapter 7 Sustainability in the Global EAF Market: An ESG Perspective
Overview
Environmental Impact
Social Impact
Governance Impact
Consumer Attitudes Towards ESG
Successful Implementation of ESG
Tenova S.p.A.
SMS Group GmbH
Concluding Remarks from BCC Research
Chapter 8 Appendix
Methodology
References
Abbreviations
Company Profiles
DANIELI & C.S.P.A.
HANI METALLURGY
INTECO MELTING AND CASTING TECHNOLOGIES GMBH
NIKKO INDUSTRY CO. LTD.
PAUL WURTH IHI CO. LTD.
PRIMETALS TECHNOLOGIES
SARRALLE
SMS GROUP GMBH
TENOVA S.P.A.
XI'AN SANRUI ELECTRIC FURNACE CO. LTD.
Emerging and Small-Scale Companies
List of Tables
Summary Table : Global Market for EAFs, by Region, Through 2030
Table 1 : Published Patents for EAFs, 2023-2025
Table 2 : Key Published Patents for EAFs, 2023-2025
Table 3 : Global Market for EAFs, by Type, Through 2030
Table 4 : Global Market for EAF AC Furnaces, by Region, Through 2030
Table 5 : Global Market for EAF DC Furnaces, by Region, Through 2030
Table 6 : Global Market for EAFs, by Capacity, Through 2030
Table 7 : Global Market for EAFs <100 Tons, by Region, Through 2030
Table 8 : Global Market for EAFs 100-300 Tons, by Region, Through 2030
Table 9 : Global Market for EAFs >300 Tons, by Region, Through 2030
Table 10 : Global Market for EAFs, by Function, Through 2030
Table 11 : Global Market for Automatic EAFs, by Region, Through 2030
Table 12 : Global Market for Manual EAFs, by Region, Through 2030
Table 13 : Global Market for EAFs, by Application, Through 2030
Table 14 : Global Market for Ferrous Metal Application for EAFs, by Region, Through 2030
Table 15 : Global Market for Non-ferrous Metal Application for EAFs, by Region, Through 2030
Table 16 : Global Market for EAFs, by End User, Through 2030
Table 17 : Global Market for EAFs for the Steel Industry, by Region, Through 2030
Table 18 : Global Market for EAFs for Foundries, by Region, Through 2030
Table 19 : Global Market for EAFs for Waste Management, by Region, Through 2030
Table 20 : Global Market for EAFs for Other End Users, by Region, Through 2030
Table 21 : Global Market for EAFs, by Region, Through 2030
Table 22 : North American Market for EAFs, by Country, Through 2030
Table 23 : North American Market for EAFs, by Type, Through 2030
Table 24 : North American Market for EAFs, by Capacity, Through 2030
Table 25 : North American Market for EAFs, by Function, Through 2030
Table 26 : North American Market for EAFs, by Application, Through 2030
Table 27 : North American Market for EAFs, by End User, Through 2030
Table 28 : European Market for EAFs, by Country, Through 2030
Table 29 : European Market for EAFs, by Type, Through 2030
Table 30 : European Market for EAFs, by Capacity, Through 2030
Table 31 : European Market for EAFs, by Function, Through 2030
Table 32 : European Market for EAFs, by Application, Through 2030
Table 33 : European Market for EAFs, by End User, Through 2030
Table 34 : Asia-Pacific Market for EAFs, by Country, Through 2030
Table 35 : Asia-Pacific Market for EAFs, by Type, Through 2030
Table 36 : Asia-Pacific Market for EAFs, by Capacity, Through 2030
Table 37 : Asia-Pacific Market for EAFs, by Function, Through 2030
Table 38 : Asia-Pacific Market for EAFs, by Application, Through 2030
Table 39 : Asia-Pacific Market for EAFs, by End User, Through 2030
Table 40 : RoW Market for EAFs, by Sub-region, Through 2030
Table 41 : RoW Market for EAF, by Type, Through 2030
Table 42 : RoW Market for EAF, by Capacity, Through 2030
Table 43 : RoW Market for EAFs, by Function, Through 2030
Table 44 : RoW Market for EAFs, by Application, Through 2030
Table 45 : RoW Market for EAF, by End User, Through 2030
Table 46 : Market Ranking for the Top Five Players in the EAF Market, 2024
Table 47 : Product Mapping Analysis for EAF Players' Capacity
Table 48 : Recent Developments in the EAF Market, 2023-2025
Table 49 : Tenova S.p.A.: Achievements and Plans in ESG
Table 50 : SMS Group GmbH: Achievements and Plan in ESG
Table 51 : Abbreviations Used in this Report
Table 52 : Danieli & C.S.p.A.: Company Snapshot
Table 53 : Danieli & C.S.p.A.: Financial Performance, FY 2023 and 2024
Table 54 : Danieli & C.S.p.A.: Product Portfolio
Table 55 : Danieli & C.S.p.A.: News/Key Developments, 2025
Table 56 : HANI Metallurgy: Company Snapshot
Table 57 : HANI Metallurgy: Product Portfolio
Table 58 : INTECO Melting and Casting Technologies GmbH: Company Snapshot
Table 59 : INTECO Melting and Casting Technologies GmbH: Product Portfolio
Table 60 : Nikko Industry Co. Ltd.: Company Snapshot
Table 61 : Nikko Industry Co. Ltd.: Product Portfolio
Table 62 : Paul Wurth IHI Co. Ltd.: Company Snapshot
Table 63 : Paul Wurth IHI Co. Ltd.: Product Portfolio
Table 64 : Primetals Technologies: Company Snapshot
Table 65 : Primetals Technologies: Product Portfolio
Table 66 : Primetals Technologies: News/Key Developments, 2024
Table 67 : Sarralle: Company Snapshot
Table 68 : Sarralle: Product Portfolio
Table 69 : Sarralle: News/Key Developments, 2023
Table 70 : SMS Group GmbH: Company Snapshot
Table 71 : SMS Group GmbH: Product Portfolio
Table 72 : SMS Group GmbH: News/Key Developments, 2023
Table 73 : Tenova S.p.A.: Company Snapshot
Table 74 : Tenova S.p.A.: Product Portfolio
Table 75 : Tenova S.p.A.: News/Key Developments, 2023
Table 76 : Xi'an Sanrui Electric Furnace Co. Ltd.: Company Snapshot
Table 77 : Xi'an Sanrui Electric Furnace Co. Ltd.: Product Portfolio
Table 78 : Emerging and Small-Scale Companies in the Global EAF Market
List of Figures
Summary Figure : Global Market Shares for EAFs, by Region, 2024
Figure 1 : Patent Shares for EAFs, by Key Applicants, 2024
Figure 2 : Market Dynamics Snapshot for EAF
Figure 3 : Share of EAFs in Global Steel Production, 2023 and 2024
Figure 4 : Average Price of Industrial Electricity in the U.S., 2025
Figure 5 : Global Market Shares for EAFs, by Type, 2024
Figure 6 : Global Market Shares for EAF AC Furnaces, by Region, 2024
Figure 7 : Global Market Shares for EAF DC Furnaces, by Region, 2024
Figure 8 : Global Market Shares for EAFs, by Capacity, 2024
Figure 9 : Global Market Shares for EAFs <100 Tons, by Region, 2024
Figure 10 : Global Market Shares for EAFs 100-300 Tons, by Region, 2024
Figure 11 : Global Market Shares for EAFs >300 Tons, by Region, 2024
Figure 12 : Global Market Shares for EAFs, by Function, 2024
Figure 13 : Global Market Shares for Automatic EAFs, by Region, 2024
Figure 14 : Global Market Shares for Manual EAF, by Region, 2024
Figure 15 : Global Market Shares for EAFs, by Application, 2024
Figure 16 : Global Steel Excess Capacity, 2022-2027
Figure 17 : Global Market Shares of Ferrous Metal Application for EAFs, by Region, 2024
Figure 18 : Global Market Shares of Non-ferrous Metal Application for EAFs, by Region, 2024
Figure 19 : Global Market Shares for EAFs, by End User, 2024
Figure 20 : Global Market Shares for EAFs for the Steel Industry, by Region, 2024
Figure 21 : Global Market Shares for EAFs for Foundries, by Region, 2024
Figure 22 : Global Market Shares for EAFs for Waste Management, by Region, 2024
Figure 23 : Global Market Shares for EAFs for Other End Users, by Region, 2024
Figure 24 : Global Market Shares for EAFs, by Region, 2024
Figure 25 : U.S. Energy-related CO2 Emissions, by Sector, 2024
Figure 26 : North American Market Shares for EAF, by Country, 2024
Figure 27 : North American Market Shares for EAFs, by Type, 2024
Figure 28 : North American Market Shares for EAFs, by Capacity, 2024
Figure 29 : North American Market Shares for EAFs, by Function, 2024
Figure 30 : North American Market Shares for EAFs, by Application, 2024
Figure 31 : North American Market Shares for EAFs, by End User, 2024
Figure 32 : European Market Shares for EAFs, by Country, 2024
Figure 33 : European Market Shares for EAFs, by Type, 2024
Figure 34 : European Market Shares for EAFs, by Capacity, 2024
Figure 35 : European Market Shares for EAFs, by Function, 2024
Figure 36 : European Market Shares for EAFs, by Application, 2024
Figure 37 : European Market Shares for EAFs, by End User, 2024
Figure 38 : Asia-Pacific Market Shares for EAFs, by Country, 2024
Figure 39 : Asia-Pacific Market Shares for EAFs, by Type, 2024
Figure 40 : Asia-Pacific Market Shares for EAFs, by Capacity, 2024
Figure 41 : Asia-Pacific Market Shares for EAFs, by Function, 2024
Figure 42 : Asia-Pacific Market Shares for EAFs, by Application, 2024
Figure 43 : Asia-Pacific Market Shares for EAFs, by End User, 2024
Figure 44 : RoW Market Shares for EAFs, by Sub-region, 2024
Figure 45 : RoW Market Shares for EAFs, by Type, 2024
Figure 46 : RoW Market Shares for EAFs, by Capacity, 2024
Figure 47 : RoW Market Shares for EAFs, by Function, 2024
Figure 48 : RoW Market Shares for EAFs, by Application, 2024
Figure 49 : RoW Market Shares for EAFs, by End User, 2024
Figure 50 : Danieli & C.S.p.A.: Revenue Share, by Business Unit, FY 2024
Figure 51 : Danieli & C.S.p.A.: Revenue Share, by Country/Region, FY 2024
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