Global Steel Long Products Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Steel Long Products market size was valued at USD 564170 million in 2023 and is forecast to a readjusted size of USD 868910 million by 2030 with a CAGR of 6.4% during review period.
In steel industry terminology long steel products or long products refers to steel products including wire, rod, rail, and bars as well as types of steel structural sections and girders.
One trend in market is increase in use of steel scrap. The use of scraped steel and iron is increasing to reduce the environmental concerns regarding carbon dioxide emissions. Recycling of scrap improves the industry's economic viability and reduces the environmental impact by eliminating the need for iron ore extraction for steel production. This decreases carbon dioxide emissions significantly, saves energy and water consumption, and reduces air pollution. On an average, 1.79 metric tons of carbon dioxide is saved for each metric ton of scrap steel. Steel scrap has, therefore, become the choice of raw material for steel long product producers. Thus, concern for global warming caused by the steel industry is driving the use of steel scrap for the production of steel long products.
The Global Info Research report includes an overview of the development of the Steel Long Products industry chain, the market status of Construction (Rebars, Wire Rods), Automotive and Aerospace (Rebars, Wire Rods), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Steel Long Products.
Regionally, the report analyzes the Steel Long Products markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Steel Long Products market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Steel Long Products market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Steel Long Products industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Rebars, Wire Rods).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Steel Long Products market.
Regional Analysis: The report involves examining the Steel Long Products market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Steel Long Products market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Steel Long Products:
Company Analysis: Report covers individual Steel Long Products manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Steel Long Products This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Automotive and Aerospace).
Technology Analysis: Report covers specific technologies relevant to Steel Long Products. It assesses the current state, advancements, and potential future developments in Steel Long Products areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Steel Long Products market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Steel Long Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Rebars
Wire Rods
Tubes
Sections
Market segment by Application
Construction
Automotive and Aerospace
Railway and Highway
Others
Major players covered
ArcelorMittal
EVRAZ
Gerdau
Shagang Group
NSSMC
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Steel Long Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Long Products, with price, sales, revenue and global market share of Steel Long Products from 2019 to 2024.
Chapter 3, the Steel Long Products competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Long Products breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Steel Long Products market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steel Long Products.
Chapter 14 and 15, to describe Steel Long Products sales channel, distributors, customers, research findings and conclusion.