Global EAF Dust Recycling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global EAF Dust Recycling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global EAF Dust Recycling market finds that the global EAF Dust Recycling market reached a value of USD 1911.28 million in 2022. It’s expected that the market will achieve USD 2766.91 million by 2028, exhibiting a CAGR of 6.36% during the forecast period.

Market Drivers

Electric arc furnace (EAF) dust recovery reduces the consumption of natural resources and energy and the associated environmental burden. The recycling process reduces the burden on landfills while preserving valuable natural resources.

Electric arc furnace (EAF) dust is an important secondary resource which contains multiple metallic elements, such as zinc, lead, iron, chromium and cadmium. Recycling of EAF dust is not only favorable to increasing economic potential of the dust by recovering these valuable metals, but also of benefit to solving disposal and environmental problems caused by the heavy metals (e.g., lead, chromium and cadmium) entrained in the dust.

With the rapid development of steelmaking industry, total world crude steel production was 1,950.5 Mt in 2021, a 3.7% increase compared to 2020. The crude steel production is accompanied by a large amount of dust/sludge, slag, wastewater and exhaust gas which pose a great threat to both environment and human health. The steel plant dusts are an important by-product of the steelmaking industry with output accounting for about 10% of the crude steel production.

As a representative type of steel plant dust, electric arc furnace (EAF) dust has an output equal to approximately 1%–2% of the charge in a typical EAF operation.

Global estimates for EAF dust production currently sit between 5 to 10 million tons annually. This dust generally contains up to 40 wt% zin and 50 wt% iron. It is also accompanied with a variety of harmful heavy metals, e.g., Pb, Cr and Cd, and thereby frequently categorized as one of most troublesome and hazardous waste being difficult to store and transport. For disposal of the dust, landfilling offers a simple solution. However, it not only causes accumulation of heavy metals in the groundwater and soil under the impact of rain, posing harm to animals and plants as well as human survival environment, but also results in a waste of resources as valuable elements such as zinc and iron are not recovered. In view of the potential economic and environmental benefits of EAF dust, it is of importance to develop appropriate approaches for treatment of the dust.

Region Overview:

Asia-Pacific had the highest growth rate of all regions.

Company Overview:

Befesa, Grupo Promax, Marzinc, Global Steel Dust Ltd. and Zinc Oxide Corp. are the five key players in the global EAF Dust Recycling market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global EAF Dust Recycling market in the past 5 years.

Befesa's business is to provide sustainable solutions to the steel and aluminium industries through servicing and recycling hazardous residues generated in the value chains of secondary steel and aluminium producers. Befesa focuses its core efforts on recycling hazardous residues: crude steel dust, salt slags and SPL.

100% Mexican, private and diversified business group, mainly engaged in the production and commercialization of construction gypsum, gypsum board, construction materials, as well as zinc derivatives and recycled paper.

Segmentation Overview:

Among different product types, Pyrometallurgical Processing segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Zinc segment occupied the biggest share from 2017 to 2022.

Key Companies in the global EAF Dust Recycling market covered in Chapter 3:

Global Steel Dust Ltd.
Zinc Oxide Corp.
Befesa
Marzinc
Recylex
Grupo Promax

In Chapter 4 and Chapter 14.2, on the basis of types, the EAF Dust Recycling market from 2018 to 2029 is primarily split into:

Hydrometallurgical Processing
Pyrometallurgical Processing
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the EAF Dust Recycling market from 2018 to 2029 covers:

Zinc
Lead
Iron
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)