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

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