Flat Steel Market | By Type, Technology, Product forecast 2025 - PowerPoint PPT Presentation

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Flat Steel Market | By Type, Technology, Product forecast 2025

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The report offers insightful and detailed information regarding key players operating in the Flat Steel Market & their future strategies. – PowerPoint PPT presentation

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Title: Flat Steel Market | By Type, Technology, Product forecast 2025


1
Flat Steel Market
  • Size 2019, by End-Use (Mechanical Equipment,
    Automotive, Building Infrastructure, Others),
    Material (Carbon Steel, Alloy Steel, Stainless
    Steel, Tool Steel), Product (Sheets strips,
    Plates), Region and Forecast to 2025

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2
Flat Steel Market Size and Share-Global Forecast
to 2025
  • The global flat steel market is anticipated to
    cross USD 550 billion by 2025, growing at a CAGR
    of gt4 over the forecast period. Increasing
    penetration of flat steel products in
    infrastructure development due to its high
    performance, aesthetic appeal, and efficiency are
    expected to increase its market concentration
    over the coming years. Over the past few years,
    adoption of flat steel products in residential
    and commercial construction has increased
    significantly owing to its exceptional
    durability, enhanced safety, and lightweight
    properties. Proposed construction activities in
    developed and developing nations are expected to
    further increase the flat steel market reach over
    the coming years.
  • Adroit Market Research report on global flat
    steel market gives analysis of the market from
    2015 to 2025, which includes factors such as
    market drivers, restraints, opportunities,
    challenges, regulatory scenario, and world steel
    outlook. The market has been studied for historic
    years from 2015 to 2018, with the base year of
    estimation as 2019 and forecast from 2019 to
    2025. In addition, the study also assesses the
    market competition with Porter's five forces
    analysis and positions the key players based on
    their financial analysis and product benchmarking.

3
Flat Steel Market Size and Share-Global Forecast
to 2025
  • The global flat steel industry is classified, in
    terms of materials, like carbon steel, alloy
    steel, stainless steel, and tool steel. Segment
    carbon is predicted to see substantial growth
    over the projected period. This accounts for a
    total market share of gt40 in 2018.
    Cost-effectiveness, recyclability, and durability
    has increased the popularity of carbon steel over
    the past few years and is expected to increase
    its adoption in the construction industry over
    the coming years. Due to its advantages compared
    with other materials such as shock corrosion
    resistance, cost efficiency, environment friendly
    and protection, demand for carbon flat products
    from end-use industries is expected to grow.
  • In 2018, the flat steel industry in the Asia
    Pacific accounted for over 45 of the overall
    market share. The increasing presence of a large
    number of automobile manufacturers along with
    significant economic growth has led to the rising
    demand for passenger cars commercial vehicles
    in India, China, Japan, and South Korea. It is
    anticipated that growing policy policies to
    improve customer perception of increasing carbon
    emissions would increase the proliferation of
    electric vehicles, which is further anticipated
    to promote market growth. Flat steel sheets in
    the manufacture of auto components offer various
    advantages such as suitability for rigid
    manufacturing, corrosion heat resistance and
    exceptional tolerance levels which make them
    ideal for automotive manufacturing. Rapid growth
    in the automotive sector in Middle Eastern
    countries is further expected to stimulate the
    region's flat steel market due to low production
    costs, government incentives, and low tariffs.

4
Flat Steel Market Size and Share-Global Forecast
to 2025
  • Flat goods are distributed by direct supply
    arrangements or contracts with third parties.
    Manufacturers follow the technique of forward
    integration which enables them to sell their
    products directly to their clients. Companies
    including Tata Steel Limited and Essar have their
    own channel of distribution. Manufacturers
    continue to face major competitive threats from
    policies and activities that hinder foreign
    government trade. Emissions standards for the
    method of iron production are more than six times
    as stringent in the United States as opposed to
    China. To combat these international
    trade-distorting activities, a more proactive
    U.S. trade policy is needed to maintain and
    improve the nation's industrial base.
  • Some prominent companies are ArcelorMittal,
    United States Steel Corporation, Nippon Steel
    Sumitomo Metal Corporation, Tata Steel, POSCO,
    China Baowu Steel Group Corporation Limited,
    Shagang Group, Shougang Group Co. Ltd., Ansteel
    Group Corporation Limited, SSAB AB, JFE Steel
    Corporation, and Thyssenkrupp AG.
  • Purchase This Report _at_ https//www.adroitmarketre
    search.com/researchreport/purchase/1543

5
Flat Steel Market Size and Share-Global Forecast
to 2025
  • Key segments of the global flat steel market
  • End-Use Overview, 2015-2025 (Million Tons) (USD
    Billion)
  • Mechanical Equipment
  • Automotive
  • Building Infrastructure
  • Others
  • Material Overview, 2015-2025 (Million Tons) (USD
    Billion)
  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Tool Steel

6
Flat Steel Market Size and Share-Global Forecast
to 2025
  • Product Overview, 2015-2025 (Million Tons) (USD
    Billion)
  • Sheets strips
  • Plates

7
Flat Steel Market Size and Share-Global Forecast
to 2025
  • Regional Overview, 2015-2025 (Million Tons) (USD
    Billion)
  • North America
  • US
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Central South America
  • Brazil
  • Rest of Central South America
  • Middle East Africa
  • GCC

8
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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