iron ore market by Revenue, Growth Rate and Forecast to 2027
Market overview The global iron ore market is expected to register a CAGR of 5.2% from 2021 to 2028. The market is expected to be worth USD 2.42 billion in 2028. The global iron ore market is currently experiencing a high CAGR largely because of rapidly increasing demand from the Asia-Pacific region Get sample copy of report at: https://www.marketresearchfuture.com/sample_request/8004 The Asia-Pacific region has been industrializing rapidly. All of this requires greater usage of iron. Iron is extracted from iron ore. Iron ore is mined in various metal mines around the world. Iron is useful in making other base metals that include steel. These metals play a vital role when manufacturing various consumer durables - household appliances like washing machines and refrigerators. The global construction industry is growing rapidly. Since iron is needed in most construction projects, large companies have been extracting iron ore from mines and processing it into iron much m...