Global Flat Steel Market Growth 2023-2029

Global Flat Steel Market Growth 2023-2029

Flat steel is referred as the sheet, coils or other flat-rolled steel product. Growth of construction, & infrastructure sector ultimately drive the flat steel market. Additionally the growing need of light weight automobiles on a global level is expected to increase the flat steel market both by value and volume. In developed countries, flat steel products are largely used in automobile sector. However, volatile the prices of raw materials are, it is expected to remain a key challenge for industry participants.

LPI (LP Information)' newest research report, the “Flat Steel Industry Forecast” looks at past sales and reviews total world Flat Steel sales in 2022, providing a comprehensive analysis by region and market sector of projected Flat Steel sales for 2023 through 2029. With Flat Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flat Steel industry.

This Insight Report provides a comprehensive analysis of the global Flat Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Flat Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flat Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flat Steel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Flat Steel.

The global Flat Steel market size is projected to grow from US$ 702140 million in 2022 to US$ 920370 million in 2029; it is expected to grow at a CAGR of 920370 from 2023 to 2029.

Plates accounted for the market share of 36.8%, in terms of volume, in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Flat Steel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Low Carbon Steel
High Carbon Steel

Segmentation by application
Automotive
Construction
Home Appliance
Machinery
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
United Steel
Nippon
Essar
Tata
Hyundai
POSCO
SSAB
Arcelor Mittal
Voestalpine
ThyssenKrupp

Key Questions Addressed in this Report

What is the 10-year outlook for the global Flat Steel market?

What factors are driving Flat Steel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Flat Steel market opportunities vary by end market size?

How does Flat Steel break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.