Steel Market Size, Share & Trends Analysis Report By Product (Flat, Long), By End-use (Building & Construction, Automotive & Aerospace, Railways & Highways), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2024 - 2030

Steel Market Size, Share & Trends Analysis Report By Product (Flat, Long), By End-use (Building & Construction, Automotive & Aerospace, Railways & Highways), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2024 - 2030


Steel Market Growth & Trends

The global steel market size is expected to reach USD 2,009.46 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 5.3% from 2024 to 2030. Rising need for sustainable, durable, and low cost materials in construction industry is aiding steel consumption in the increasing residential and commercial activities.

Long steel is a vital product segment of the market. Long steel products are widely used in the manufacturing of different components such as large machines, farm equipment, pipelines, bearings, springs, chains, ropes, cables, fencing, and wire mesh, among others. These find applications in various industries such as machine engineering, energy, automotive, and chemicals. Thus, increasing investments in the aforementioned industries are expected to increase the consumption of long steel products during the forecast period.

The Asia Pacific market displays high growth owing to exponential growth in developing countries of the region. Asia’s real GDP growth was 5.0% in 2023 and is forecasted to grow by 4.5% and 4.3% in 2024 and 2025, respectively, according to IMF. Increasing manufacturing activities and surging foreign investments are the key drivers fueling the market growth in the region. The flourishing end-use industries such as automotive, electronics, machinery & equipment, and building & construction are aiding steel demand in Asia Pacific.

The competitive landscape of the global steel industry is evolving, with companies adapting to shifting economic and environmental priorities. Recent trends indicate a mix of consolidation, technological advancements, and sustainability initiatives shaping the competitive scenario. Establishment of new facilities to expand regional presence and customer reach is one of the key strategic initiatives opted by market players.

Steel Market Report Highlights
  • Based on product, flat steel held the largest revenue share of 52.0% in 2023. The growth in this segment is attributed to wide penetration of steel products in construction and other end use sectors
  • Based on end use, automotive & aerospace segment is growing at a CAGR of 5.2% over the forecast period. Growing vehicle production is propelling steel demand
  • Asia Pacific dominates the steel market and is anticipated to maintain its position over the forecast period owing to its large manufacturing base and high demand from end use industries
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Information & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Regional Outlook
Chapter 3. Hybrid Beverages Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales & Off-Trade Channel Analysis
3.2.2. Profit Margin Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunities
3.3.4. Market Challenges
3.4. Industry Analysis-
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Hybrid Beverages Market: Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Behavior
4.4. Consumer Service Adoption Trends
4.5. Key Observations & Findings
Chapter 5. Hybrid Beverages Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2023 & 2030
5.2. Alcoholic Beverages
5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.2. Beers Blends
5.2.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.3. Wine Cocktails
5.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.4. Alcoholic Sodas
5.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.2.5. Others
5.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3. Non-alcoholic Beverages
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Coffee-tea blends
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.3. Juice Infused Drinks
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.4. Functional Beverages
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.5. Others
5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. Hybrid Beverages Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
6.2. On-Trade
6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.2. Bars and Pubs
6.2.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.3. Hotels & Restaurants
6.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.4. Others
6.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3. Off-Trade
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Hypermarkets & Supermarkets
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.3. Convenience Stores
6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.4. Online
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.5. Others
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. Hybrid Beverages Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1 Key country dynamics
7.2.2.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1 Key country dynamics
7.2.3.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1 Key country dynamics
7.2.4.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1 Key country dynamics
7.3.2.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.3. UK
7.3.3.1 Key country dynamics
7.3.3.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.4. Spain
7.3.4.1 Key country dynamics
7.3.4.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.5. Italy
7.3.5.1 Key country dynamics
7.3.5.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.3.6. France
7.3.6.1 Key country dynamics
7.3.6.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1 Key country dynamics
7.4.2.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1 Key country dynamics
7.4.3.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1 Key country dynamics
7.4.4.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.5. South Korea.
7.4.5.1 Key country dynamics
7.4.5.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1 Key country dynamics
7.4.6.2 Market estimates and forecast, 2018 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1 Key country dynamics
7.5.2.3 Market estimates and forecast, 2018 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
7.6.2. South Africa
7.6.2.1 Key country dynamics
7.6.2.2 Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. Competitive Analysis
8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. PepsiCo Inc.
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Benchmarking
8.9.1.4. Strategic Initiatives
8.9.2. The Coca-Cola Company
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Benchmarking
8.9.2.4. Strategic Initiatives
8.9.3. Nestle SA
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Benchmarking
8.9.3.4. Strategic Initiatives
8.9.4. Anheuser-Busch InBev
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Benchmarking
8.9.4.4. Strategic Initiatives
8.9.5. Heineken
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Benchmarking
8.9.5.4. Strategic Initiatives
8.9.6. ZICO Rising, Inc.
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Benchmarking
8.9.6.4. Strategic Initiatives
8.9.7. Starbucks Corporation
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Benchmarking
8.9.7.4. Strategic Initiatives
8.9.8. Molson Coors Beverage Company
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Benchmarking
8.9.8.4. Strategic Initiatives
8.9.9. Diageo PLC
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Benchmarking
8.9.9.4. Strategic Initiatives
8.9.10. Keurig Dr Pepper
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Benchmarking
8.9.10.4. Strategic Initiatives

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