Global Steel Strip Market Growth 2025-2031

Global Steel Strip Market Growth 2025-2031

The global Steel Strip market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Steel strips, is also named strip steel, actually are produced by shearing from the steel coil through the roll slitting equipment, usually the steel strips has width less than 600 mm.

In China, Steel Strip key players include Baowu Group, Shagang Group, Ansteel Group, Jianlong Group, Shandong Iron & Steel Group, etc. China top five manufacturers hold a share over 40%. East China is the largest market, with a share over 30%.

In terms of product, Hot Rolled is the largest segment, with a share over 80%. And in terms of application, the largest application is Automotive, followed by Construction and Home Appliance.

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

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

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

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

Segmentation by Type:
Hot Rolled
Cold Rolled

Segmentation by Application:
Automotive
Construction
Home Appliance
Machinery
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 analysing the company's coverage, product portfolio, its market penetration.
Baowu Group
Shagang Group
Ansteel Group
Jianlong Group
Shandong Iron & Steel Group
TISCO
HBIS Group
Fujian Wuhang
Shaanxi Iron & Steel
ET Group

Key Questions Addressed in this Report

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

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

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

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

How does Steel Strip break out by Type, by Application?

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