Global Color Coated Steel Market Size, Share & Trends Analysis Report by Form (Coil, and Sheets), by Coating Type (Galvanized Steel, Galvannealed Steel, and Others), by End-Use (Building & Construction, Automotive, Household Appliances, and Others), and Forecasts, 2019 - 2025.
Global color coated steel market is expected to grow significantly over the forecast period. Color coated steel offers various benefits owing to which they are widely used in various verticals including automotive, building & construction, home appliances, and many others. With the growing automotive industry across the globe, the use of color coated steel in the automotive industry is likely to grow. As per International Organization of Motor Vehicle Manufacturers (OICA), in 2016, the total production of vehicles was 4.9% more than that of 2015, and in 2017 it was valued about 2.1% more as compared with production statistics of 2016. With growing automobile productions per annum globally, the color coated steel can also see a lucrative growth in its overall sales.
However, geopolitical factors such as government policies and foreign trade relations are expected to create hindrance in the market growth over the forecast period. For instance, in 2018, the US imposed tariffs on steel and aluminum of around 25% and 10% from most countries including the European Union, Canada, Mexico, India and many more. Additionally, the country has set a tariff of 25% on 818 commodities including steel imported from China. This additional increase in tariffs on steel could hamper the steel industry of the country and so country’s economy.
Furthermore, global color coated steel market has been segmented on the basis of form, coating type, end-use, and region. On the basis of form, the market has been divided into coil and sheet. Sheet segment is further divided into plain and corrugated sheets. It is estimated that sheet segment is growing rapidly over the forecast period owing to greater demand of corrugated color coated sheets across various verticals. Furthermore, on the basis of coating type, the market has been segregated into galvanized, galvannealed, and others. Major end-users of the color coated steel include automotive, building & construction, home appliances, and others. The scope of the report is geographically limited to North America, Europe, Asia-Pacific, Rest of the World (RoW).
Key players of the color coated steel market are Essar Steel Ltd., NLMK Group, SSAB AB, ArcelorMittal SA, ThyssenKrupp AG, United States Steel Corp., MMK Group, and many others. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market.
Research Methodology
The market study of the global color coated steel market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the publisher's.
Secondary sources include:
The report is intended for original equipment manufacturers (OEMs), original equipment suppliers (OESs), third-party distributors/suppliers, investment companies, and government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
Global Color coated steel market is segmented on the basis of regional outlook and following segments:
1. Global Color coated steel Market Research and Analysis by Form
2. Global Color coated steel Market Research and Analysis by Coating Type
3. Global Color coated steel Market Research and Analysis by End-Use
4. Global Color coated steel Market Research and Analysis by Geography
The Report Covers:
Global color coated steel market is expected to grow significantly over the forecast period. Color coated steel offers various benefits owing to which they are widely used in various verticals including automotive, building & construction, home appliances, and many others. With the growing automotive industry across the globe, the use of color coated steel in the automotive industry is likely to grow. As per International Organization of Motor Vehicle Manufacturers (OICA), in 2016, the total production of vehicles was 4.9% more than that of 2015, and in 2017 it was valued about 2.1% more as compared with production statistics of 2016. With growing automobile productions per annum globally, the color coated steel can also see a lucrative growth in its overall sales.
However, geopolitical factors such as government policies and foreign trade relations are expected to create hindrance in the market growth over the forecast period. For instance, in 2018, the US imposed tariffs on steel and aluminum of around 25% and 10% from most countries including the European Union, Canada, Mexico, India and many more. Additionally, the country has set a tariff of 25% on 818 commodities including steel imported from China. This additional increase in tariffs on steel could hamper the steel industry of the country and so country’s economy.
Furthermore, global color coated steel market has been segmented on the basis of form, coating type, end-use, and region. On the basis of form, the market has been divided into coil and sheet. Sheet segment is further divided into plain and corrugated sheets. It is estimated that sheet segment is growing rapidly over the forecast period owing to greater demand of corrugated color coated sheets across various verticals. Furthermore, on the basis of coating type, the market has been segregated into galvanized, galvannealed, and others. Major end-users of the color coated steel include automotive, building & construction, home appliances, and others. The scope of the report is geographically limited to North America, Europe, Asia-Pacific, Rest of the World (RoW).
Key players of the color coated steel market are Essar Steel Ltd., NLMK Group, SSAB AB, ArcelorMittal SA, ThyssenKrupp AG, United States Steel Corp., MMK Group, and many others. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market.
Research Methodology
The market study of the global color coated steel market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the publisher's.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for original equipment manufacturers (OEMs), original equipment suppliers (OESs), third-party distributors/suppliers, investment companies, and government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
Global Color coated steel market is segmented on the basis of regional outlook and following segments:
1. Global Color coated steel Market Research and Analysis by Form
2. Global Color coated steel Market Research and Analysis by Coating Type
3. Global Color coated steel Market Research and Analysis by End-Use
4. Global Color coated steel Market Research and Analysis by Geography
The Report Covers:
- Comprehensive research methodology of the global color coated steel market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global color coated steel market.
- Insights about market determinants which are stimulating the global color coated steel market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- ArcelorMittal SA
- Asian Colour Coated Ispat Ltd. (ACCIL)
- Bhushan Power & Steel Ltd.
- Essar Steel Ltd.
- FIW Steel Sdn Bhd.
- INTERNATIONAL STEELS LTD.
- Jindal Group
- JP Steel Plantech Co.
- MMK Group
- National Steel and Agro Industries Ltd.
- Nippon Steel & Sumitomo Metal Corp.
- NLMK Group
- Qingdao Hengcheng Steel Co., Ltd.
- Salzgitter AG
- Shanghai Huahai Steel Co., Ltd.
- SSAB AB
- Tata Steel Ltd.
- Thyssenkrupp AG
- United States Steel Corp.
- Vietnam Steel Corp.
- Voestalpine AG