Flat Steel Market Global Industry Trends, Growth Forecast Report By 2020-2026 - PowerPoint PPT Presentation

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Flat Steel Market Global Industry Trends, Growth Forecast Report By 2020-2026

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With regards to end-use, the flat steel market share is categorized into automotive & transportation, mechanical equipment, building & infrastructure, transport network, agriculture equipment, utilities, electrical appliances, residential, gas containers, commercial, and others. – PowerPoint PPT presentation

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Title: Flat Steel Market Global Industry Trends, Growth Forecast Report By 2020-2026


1
Flat Steel Market to register commendable
proceeds during 20202026
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2
Global Market Scenario of Flat Steel Industry
  • Rapid technological advancements are mainly
    expected to propel flat steel market share over
    the forecast spell. The demand for flat steel
    products has witnessed a significant upsurge from
    various industrial sectors including automotive,
    transport networks building infrastructure, and
    more, which is likely to enhance industry
    penetration.
  • Flat steel is available in the form of both steel
    plates and sheets. These products are
    predominantly rolled from slabs, which are
    semi-finished products. Flat steel products
    demonstrate high application potential across
    industries ranging from shipbuilding to
    construction, to domestic appliances and
    agriculture, among others.
  • With regards to the product spectrum, the flat
    steel industry is bifurcated into hot rolled flat
    sheets, tin plates, metallic coated strips
    sheets and non-metallic coated strips sheets,
    among others. Of these, the non-metallic coated
    sheet strip product segment is poised to accrue
    significant gains over the projected timeline,
    given the products superior aesthetic and
    adhesion properties.

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3
Continue-
  • Meanwhile, the tin plates segment is anticipated
    to depict an appreciable CAGR of over 3 through
    2026. Tin plates are a form of low-carbon light
    gauge cold-reduced sheets or strips of steel,
    coated on both sides with commercially pure tin.
    Tin plates possess the combined benefits of steel
    such as strength and formability, as well as tin,
    including corrosion resistance, luster and
    weldability.
  • In 2019, JSW Steel, JSW Group flagship
    organization, introduced a new brand for its tin
    coated product portfolio, dubbed JSW Platina, one
    of the first continuous annealed tinplate
    products in India. The product demonstrates high
    product uniformity and facilitates higher
    manufacturing speeds to enhance productivity and
    mitigate reduction rates.
  • Tin coatings are used extensively in packaging
    applications, automotive components such as oil
    filters, brake line tubes and engine gaskets, and
    also provide sophisticated printing surfaces.
    These products are aesthetically appealing, and
    possess several beneficial characteristics
    including lubricant tendencies and low melting
    point.

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4
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5
360 Industry Analysis
  • On the regional front, the flourishing automotive
    industry in the Middle Easy Africa region, and
    the subsequent surge in automobile manufacturing
    is expected to foster flat steel market demand
    over the years.
  •  

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6
  • Competitive Analysis
  • Prominent players contributing towards the global
    industry share are POSCO, Nippon Steel Sumitomo
    Corporation, ArcelorMittal, Tata Steel, Hyundai
    Steel, Essar Steel, Thyssenkrupp AG, China Steel
    Corporation, Voestalpine Group, Gerdau S.A.,
    Nucor Corporation, Severstal JSC, Allegheny
    Technologies, Wuhan Iron and Steel Corporation

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7
Latest Research Report On Flat Steel Market
_at_ https//bit.ly/3hZfpNU Request for sample of
this research report_at_ https//bit.ly/2Z54QkZ
Request for customization https//bit.ly/3lSrD
tQ
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Thank You!
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