Global Steel Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	171 Pages	TechNavio	January, 2023	INF17678127

Best Price Guarantee
Price	from $2,500
Length	171 Pages
Publisher	TechNavio
Published Date	January, 2023
SKU	INF17678127

Global Steel Market 2023-2027

Technavio has been monitoring the steel market and is forecast to grow by 207.46 mn t during 2022-2027, accelerating at a CAGR of 2.17% during the forecast period. Our report on the steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by upsurge in consumption of high-strength steel, corrosion resistance and excellent mechanical properties, and growing demand from the construction industry.

Technavio's steel market is segmented as below:

By End-user

Construction
Machinery
Transportation
Metal Goods
Others

By Type

Flat steel
Long steel

By Geography

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the growing demand for steel and stainless steel scrap as one of the prime reasons driving the steel market growth during the next few years. Also, expansion of production capacity by vendors and increasing technological developments in global steel market will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the steel market covers the following areas:

Steel market sizing
Steel market forecast
Steel market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading steel market vendors that include Ansteel Group Corp. Ltd., ArcelorMittal SA, Baosteel Group Corp., Beijing Jianlong Heavy Industry Group Co. Ltd., Beijing Shougang Co. Ltd., China Baowu Steel Group Corp. Ltd., HBIS Group Co. Ltd., Hebei Jingye Group, Hyundai Steel Co., JFE Holdings Inc., JSW STEEL Ltd., Liuzhou Iron and Steel Co. Ltd., Nippon Steel Corp., NLMK Group, Nucor Corp., POSCO holdings Inc., Shagang Group Inc., Steel Authority of India Ltd., Tata Steel Ltd., and Benxi Steel Group Co. Ltd. Also, the steel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by End-user
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Global - Market size and forecast 2022-2027 (million t)
  - Table Chart on Global Market- Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market- Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global steel market 2017 - 2021
  - Table Historic Market Size - Data Table on Global steel market 2017 - 2021 (million t)
- End-user Segment Analysis 2017 - 2021
  - Table Historic Market Size - End-user Segment 2017 - 2021 (million t)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size - Type Segment 2017 - 2021 (million t)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size - Geography Segment 2017 - 2021 (million t)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size - Country Segment 2017 - 2021 (million t)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors in 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2022-2027 (%)
  - Table Data Table on End-user - Market share 2022-2027 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- Construction - Market size and forecast 2022-2027
  - Table Chart on Construction - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Construction - Market size and forecast 2022-2027 (million t)
  - Table Chart on Construction - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Construction - Year-over-year growth 2022-2027 (%)
- Machinery - Market size and forecast 2022-2027
  - Table Chart on Machinery - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Machinery - Market size and forecast 2022-2027 (million t)
  - Table Chart on Machinery - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Machinery - Year-over-year growth 2022-2027 (%)
- Transportation - Market size and forecast 2022-2027
  - Table Chart on Transportation - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Transportation - Market size and forecast 2022-2027 (million t)
  - Table Chart on Transportation - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Transportation - Year-over-year growth 2022-2027 (%)
- Metal Goods - Market size and forecast 2022-2027
  - Table Chart on Metal Goods - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Metal Goods - Market size and forecast 2022-2027 (million t)
  - Table Chart on Metal Goods - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Metal Goods - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Others - Market size and forecast 2022-2027 (million t)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user (million t)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Flat steel - Market size and forecast 2022-2027
  - Table Chart on Flat steel - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Flat steel - Market size and forecast 2022-2027 (million t)
  - Table Chart on Flat steel - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Flat steel - Year-over-year growth 2022-2027 (%)
- Long steel - Market size and forecast 2022-2027
  - Table Chart on Long steel - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Long steel - Market size and forecast 2022-2027 (million t)
  - Table Chart on Long steel - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Long steel - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type (million t)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 (million t)
  - Table Data Table on APAC - Market size and forecast 2022-2027 (million t)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Europe - Market size and forecast 2022-2027 (million t)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 (million t)
  - Table Data Table on North America - Market size and forecast 2022-2027 (million t)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 (million t)
  - Table Data Table on South America - Market size and forecast 2022-2027 (million t)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 (million t)
  - Table Data Table on China - Market size and forecast 2022-2027 (million t)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 (million t)
  - Table Data Table on India - Market size and forecast 2022-2027 (million t)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Japan - Market size and forecast 2022-2027 (million t)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 (million t)
  - Table Data Table on US - Market size and forecast 2022-2027 (million t)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Russia - Market size and forecast 2022-2027
  - Table Chart on Russia - Market size and forecast 2022-2027 (million t)
  - Table Data Table on Russia - Market size and forecast 2022-2027 (million t)
  - Table Chart on Russia - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Russia - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography (million t)
Drivers, Challenges, and Trends
- Market drivers
  - Upsurge in consumption of high-strength steel
  - Corrosion resistance and excellent mechanical properties
  - Growing demand from the construction industry
- Market challenges
  - Excess production capacity
  - Growing preference for carbon fiber in automotive applications
  - Stringent government regulations
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Growing demand for steel and stainless steel scrap
  - Expansion of production capacity by vendors
  - Increasing technological developments in global steel market
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Ansteel Group Corp. Ltd.
  - Table Ansteel Group Corp. Ltd. - Overview
  - Table Ansteel Group Corp. Ltd. - Product / Service
  - Table Ansteel Group Corp. Ltd. - Key offerings
- ArcelorMittal SA
  - Table ArcelorMittal SA - Overview
  - Table ArcelorMittal SA - Business segments
  - Table ArcelorMittal SA - Key news
  - Table ArcelorMittal SA - Key offerings
  - Table ArcelorMittal SA - Segment focus
- Baosteel Group Corp.
  - Table Baosteel Group Corp. - Overview
  - Table Baosteel Group Corp. - Product / Service
  - Table Baosteel Group Corp. - Key offerings
- Beijing Jianlong Heavy Industry Group Co. Ltd.
  - Table Beijing Jianlong Heavy Industry Group Co. Ltd. - Overview
  - Table Beijing Jianlong Heavy Industry Group Co. Ltd. - Product / Service
  - Table Beijing Jianlong Heavy Industry Group Co. Ltd. - Key offerings
- Benxi Steel Group Co. Ltd.
  - Table Benxi Steel Group Co. Ltd. - Overview
  - Table Benxi Steel Group Co. Ltd. - Product / Service
  - Table Benxi Steel Group Co. Ltd. - Key offerings
- China Baowu Steel Group Corp. Ltd.
  - Table China Baowu Steel Group Corp. Ltd. - Overview
  - Table China Baowu Steel Group Corp. Ltd. - Product / Service
  - Table China Baowu Steel Group Corp. Ltd. - Key offerings
- HBIS Group Co. Ltd.
  - Table HBIS Group Co. Ltd. - Overview
  - Table HBIS Group Co. Ltd. - Product / Service
  - Table HBIS Group Co. Ltd. - Key offerings
- Hebei Jingye Group
  - Table Hebei Jingye Group - Overview
  - Table Hebei Jingye Group - Product / Service
  - Table Hebei Jingye Group - Key offerings
- Hyundai Steel Co.
  - Table Hyundai Steel Co. - Overview
  - Table Hyundai Steel Co. - Product / Service
  - Table Hyundai Steel Co. - Key offerings
- JFE Holdings Inc.
  - Table JFE Holdings Inc. - Overview
  - Table JFE Holdings Inc. - Business segments
  - Table JFE Holdings Inc. - Key news
  - Table JFE Holdings Inc. - Key offerings
  - Table JFE Holdings Inc. - Segment focus
- JSW STEEL Ltd.
  - Table JSW STEEL Ltd. - Overview
  - Table JSW STEEL Ltd. - Product / Service
  - Table JSW STEEL Ltd. - Key offerings
- Liuzhou Iron and Steel Co. Ltd.
  - Table Liuzhou Iron and Steel Co. Ltd. - Overview
  - Table Liuzhou Iron and Steel Co. Ltd. - Product / Service
  - Table Liuzhou Iron and Steel Co. Ltd. - Key offerings
- Nippon Steel Corp.
  - Table Nippon Steel Corp. - Overview
  - Table Nippon Steel Corp. - Business segments
  - Table Nippon Steel Corp. - Key offerings
  - Table Nippon Steel Corp. - Segment focus
- NLMK Group
  - Table NLMK Group - Overview
  - Table NLMK Group - Business segments
  - Table NLMK Group - Key offerings
  - Table NLMK Group - Segment focus
- Nucor Corp.
  - Table Nucor Corp. - Overview
  - Table Nucor Corp. - Business segments
  - Table Nucor Corp. - Key news
  - Table Nucor Corp. - Key offerings
  - Table Nucor Corp. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations