Global Ship Plate Market Growth 2025-2031

The global Ship Plate market size is predicted to grow from US$ 27080 million in 2025 to US$ 67320 million in 2031; it is expected to grow at a CAGR of 16.4% from 2025 to 2031.

The ship plate is a hot rolled steel sheet produced to manufacture hull structures as required by the code of conduct. In the 1870s carbon was added to molten iron to make steel. Iron and steel were soon being used in ship production. These irons and steels were known as ABS (American Bureau of Shipping) iron and steel. They constitute specific types of iron and steel utilized to build ships. How they are manufactured and used is regulated by the ABS standardized grading and specification system.

Global Ship Plate key players include POSCO, JFE Steel, NSSMC, Baosteel, Valin Xiangtan Steel, etc. Global top five manufacturers hold a share about 50%. Asia-Pacific is the largest market, with a share about 80%, followed by Europe and North America, total with a share about 10 percent. In terms of product, High Strength Ship Plate and General Strength Ship Plate is the largest segment, both with a share about 50%. And in terms of application, the largest application is Chemical Ships, followed by Container Ships, Bulk Carriers, Tankers.

LP Information, Inc. (LPI) ' newest research report, the “Ship Plate Industry Forecast” looks at past sales and reviews total world Ship Plate sales in 2024, providing a comprehensive analysis by region and market sector of projected Ship Plate sales for 2025 through 2031. With Ship Plate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ship Plate industry.

This Insight Report provides a comprehensive analysis of the global Ship Plate 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 Ship Plate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ship Plate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ship Plate 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 Ship Plate.

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

Segmentation by Type:
General Strength Ship Plate
High Strength Ship Plate

Segmentation by Application:
Tankers
Bulk Carriers
Container Ships
Chemical Ships

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 analysing the company's coverage, product portfolio, its market penetration.
POSCO (South Korea)
JFE Steel (Japan)
NSSMC (Japan)
Baosteel (China)
Valin Xiangtan Steel (China)
Chongqing Steel (China)
Ansteel (China)
Nanjing Steel (China)
Dongkuk (South Korea)
SD Steel (China)
Xinyu Steel (China)
Hyundai (South Korea)
ArcelorMittal (Luxembourg)
Shougang Group (China)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ship Plate market?

What factors are driving Ship Plate market growth, globally and by region?

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

How do Ship Plate market opportunities vary by end market size?

How does Ship Plate break out by Type, by Application?

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