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Blast Furnaces Market to Show Inferior Growth Due to the Increase in COVID-19 Spread | Technavio


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Blast Furnaces Market to Show Inferior Growth Due to the Increase in COVID-19 Spread | Technavio
LONDON (BUSINESS WIRE) #GlobalBlastFurnacesMarket Technavio has been monitoring the blast furnaces market and it is poised to grow by USD 869.14 million during 2020-2024, decelerate at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the blast furnaces market. The market growth in 2020 is likely to increase compared to the market growth in 2019. ....

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