Title: Flat Steel Market Size, Share, Trend, Forecast, & Industry Analysis
1Presents a Research Report on
Flat Steel Market
The Flat Steel Market is Segmented by Process
Type (Basic Oxygen Furnace, Electric Arc
Furnace), by Product Type (Sheets Strips,
Plates), by End-User Type (Building
Infrastructure, Mechanical Equipment,
Transportation, and Others), and by Region (North
America, Europe, Asia-Pacific, and Rest of the
World).
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2Flat Steel Market Growth and Forecast Highlights
Drivers
- Flat steel market is likely to witness a healthy
CAGR of 5.3 during the forecast period. - An expected increase in demand for flat steel
products is attributed to their increasing usage
and applications in various end-use industries,
such as ship building and automotive body panels,
building infrastructure, transportation and
industrial sectors. - Flat steel is one of the two types of steel
construction products, made from steel slabs and
include plate, strip, hollow sections, large
diameter welded pipe and structural beams. - Flat steel products are classified into hot
rolled sheets, cold rolled sheets, coated sheets
and plates. - They are widely used for making various finished
products in various industries including
automobile, domestic appliances, shipbuilding,
and construction. - This report studies the market covering a period
of 12 years of trend and forecast. - The report provides detailed insights into the
market dynamics to enable informed business
decision making and growth strategy formulation
based on the opportunities present in the market.
3Market Insights
- By Process Type
- The market is segmented as basic oxygen furnace
and electric arc furnace. - Basic oxygen furnace held the larger share of the
market in 2019, owing to its wider usage in steel
production across the world due to its higher
production rates, lower-residual element, and
more powerful and effective process. - By Product Type
- The market is segmented as sheets strips and
plates. - Sheets strips are expected to remain the larger
product type of the market during the forecast
period, owing to their wider applications, such
as in automotive body panels, domestic white
goods, roofing and cladding materials, etc. - By End-User Type
- The market is segmented as building
infrastructure, mechanical equipment,
transportation, and others. - The building infrastructure segment is expected
to remain the largest and the fastest-growing
end-user of the market during the forecast
period, owing to rapid growth in the construction
industry with increasing usage of flat steel
products in constructing residential commercial
buildings and in roads, ports, airports and
railways.
4Market Insights
- By Region
- Asia-Pacific is expected to remain the dominant
region in the market in the coming five years
owing to the largest and the fastest-growing
construction market in the region. - Industrialization, urbanization, and increasing
disposable income in the emerging economies will
continue to propel the demand for flat steel in
the region over the next five years. - Organic growth of the automotive industry with
increasing penetration of electric vehicle to
reduce carbon emissions is also likely to boost
the demand for flat steel product in the region. - The region is also the largest exporter of crude
steel along with flat steel products in the world
with China and India being the top two producers
in the world.
5Competitive Insights
Flat Steel Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
- ArcelorMittal S.A.
- China Baowu Steel Group Corp., Ltd.
- Nippon Steel Corporation
- Hesteel Group Company Limited
- POSCO
- Shougang Group Co., Ltd.
- JFE Steel Corporation
- Tata Steel Limited
- SSAB AB
- ThyssenKrupp AG
- Voestalpine AG.
6Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- The flat steel market is segmented into the
following categories. - Flat Steel Market Size, Share, Forecast, by
Process Type - Basic Oxygen Furnace (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Electric Arc Furnace (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Flat Steel Market Size, Share, Forecast, by
Product Type - Sheets Strips (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Plates (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Flat Steel Market Size, Share, Forecast, by
End-User Type - Building Infrastructure (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Mechanical Equipment (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Transportation (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Flat Steel Market Size, Share, Forecast, by
Region - North America (Country Analysis the USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Italy, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
9About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
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Why Us?
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