Flat Steel Market by Type (Sheets & Strips, Plates), End User (Building & Infrastructure, Automotive & Other Transport, Mechanical Equipment), and Region (Asia-Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2026 Published: Dec 2016 No. Pages : 202
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Flat Steel Market: Global Forecast to 2026 Flat steel market is projected to reach USD 757.15 billion by 2026 The flat steel market is projected to reach USD 757.15 billion by 2026, at a CAGR of 6.7% from 2016 to 2026. Increasing urban population, rapid industrialization, and increase in infrastructure investments are driving the demand for flat steel products. However, volatile prices of raw materials is expected to restrict market growth. Based on type, the plates segment of the flat steel market is estimated to grow at a high rate during the forecast period Plates are widely used for heavy and industrial activities such as construction of buildings, bridges, dams, ships, offshore structures, hydro power stations, storage tanks, boilers, pressure vessels, and machinery. Growing investments in building & infrastructure in emerging economies is expected to propel market growth for the plate segment of the flat steel market. In addition, introduction of high strength steel plate grades has increased the use of steel plates in the automotive sector.
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Flat Steel Market: Global Forecast to 2026 Asia-Pacific projected to grow at the highest CAGR during the forecast period The Asia-Pacific flat steel market is anticipated to grow at the highest CAGR between 2016 and 2026. Growth of this market can be attributed to the increasing demand for flat steel from China and India. China, with growth in construction and automotive industries, is a major consumer of flat steel in the Asia-Pacific region. The India flat steel market is expected to grow at the highest CAGR during the forecast period. Breakdown Of Profile Of Primary Participants: By Company Type: Tier 1 –59%, Tier 2 –18%, and Tier 3 –23% By Designation: C Level –45%, Director Level –23%, and Others –32% By Region: Asia-Pacific –53%,Europe–21%,North America –16%, and Middle East & Africa–10%
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Flat Steel Market: Global Forecast to 2026 Major companies profiled in this report are Arcelor Mittal (Luxembourg), POSCO (South Korea), Voestalpine AG (Austria), Essar Steel (India), ThyssenKrupp (Germany), United States Steel Corporation (U.S.), Nippon Steel & Sumitomo Metal Corporation (Japan), Allegheny Technologies Inc. (U.S.), SSAB (Sweden), Hyundai Steel Co., Limited (South Korea), Tata Steel Limited (India), SAIL (India), and Essar Steel (India). Complete report on Flat Steel Market spread across 202 pages, profiling 20 companies and supported with 124 tables and 57 figures is now available at http://www.reportsnreports.com/reports/778276-flat-steel-market-by-type-sheetsstrips-plates-end-user-building-infrastructure-automotive-other-transport-mechanicalequipment-and-region-asia-pacific-europe-north-america-middle-east-africa-s-st-to2026.html
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Flat Steel Market: Global Forecast to 2026 Table of Contents 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Flat Steel Market, By Type 8 Flat Steel Market, By End-User Browse related reports at http://www.reportsnreports.com/market-research/chemicals
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Flat Steel Market: Global Forecast to 2026
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