Global Flat Steel Market to Reach $698.8 Billion by 2030
The global market for Flat Steel estimated at US$463.2 Billion in the year 2022, is projected to reach a revised size of US$698.8 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Carbon Steel, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$345.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Alloy Steel segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $126.2 Billion, While China is Forecast to Grow at 8.9% CAGR
The Flat Steel market in the U.S. is estimated at US$126.2 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$154.2 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$95.8 Billion by the year 2030.Select Competitors (Total 42 Featured) -
- Allegheny Technologies
- ArcelorMittal
- China Baowu Steel Group Corporation Limited
- Essar Steel
- HBIS Group
- Hyundai Steel Co., Ltd.
- JFE Steel Corporation
- Nippon Steel & Sumitomo Metal Corporation
- POSCO
- Shougang Group Co., Ltd.
- SSAB AB
- Tata Steel
- ThyssenKrupp AG
- United States Steel Corporation
- Voestalpine Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allegheny Technologies
- ArcelorMittal
- China Baowu Steel Group Corporation Limited
- Essar Steel
- HBIS Group
- Hyundai Steel Co., Ltd.
- JFE Steel Corporation
- Nippon Steel & Sumitomo Metal Corporation
- POSCO
- Shougang Group Co., Ltd.
- SSAB AB
- Tata Steel
- ThyssenKrupp AG
- United States Steel Corporation
- Voestalpine Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 463.2 Billion |
Forecasted Market Value ( USD | $ 698.8 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |