Global Flat Steel Strip Market Growth 2023-2029
The key factor driving the growth of the flat steel strip and flat steel market is the growing demand for flat steel products in the construction and infrastructure, machinery, automotive, and other end-use sectors. By type, thin steel strips will account for the largest share of the flat steel market in 2019. This large share is mainly due to its increasing applications in the packaging, home appliances and electronics industries. They are widely used in the manufacture of door and window covers, wall decorations, refrigerators, steel buckets, steel furniture, dry batteries, automobiles, washing machines, sinks, downspouts and roof accessories.
LPI (LP Information)' newest research report, the “Flat Steel Strip Industry Forecast” looks at past sales and reviews total world Flat Steel Strip sales in 2022, providing a comprehensive analysis by region and market sector of projected Flat Steel Strip sales for 2023 through 2029. With Flat Steel Strip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Flat Steel Strip industry.
This Insight Report provides a comprehensive analysis of the global Flat Steel Strip 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 Strip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Flat Steel Strip market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Flat Steel Strip 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 Strip.
The global Flat Steel Strip market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Flat Steel Strip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Flat Steel Strip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Flat Steel Strip is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Flat Steel Strip players cover ArcelorMittal, Tata Steel, POSCO, China Baowu Steel Group Corporation Limited, Shougang Group, SSAB AB, JFE Steel Corporation and HBIS Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Flat Steel Strip market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Basic Oxygen Furnace
Electric Arc Furnace
Segmentation by application
Building and Infrastructure
Mechanical Equipment
Automotive and Other Transport
Others
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.
ArcelorMittal
Tata Steel
POSCO
China Baowu Steel Group Corporation Limited
Shougang Group
SSAB AB
JFE Steel Corporation
HBIS Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Flat Steel Strip market?
What factors are driving Flat Steel Strip market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Flat Steel Strip market opportunities vary by end market size?
How does Flat Steel Strip 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook