Global Plated Coils and Plates Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Plated Coils and Plates Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Plated Coils and Plates are coils and plates with electroplated materials on the surface. Commonly used materials are nickel alloy, titanium, zinc and so on. Plated Coils and Plates is generally widely used in building and construction, automobiles and transportation, aerospace and defense, industrial and general engineering, etc.

Market Overview:

The latest research study on the global Plated Coils and Plates market finds that the global Plated Coils and Plates market reached a value of USD 186656.3 million in 2022. It’s expected that the market will achieve USD 214822.06 million by 2028, exhibiting a CAGR of 2.37% during the forecast period.

Influence of COVID-19 Outbreak on Plated Coils and Plates Industry Development

Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it a public health emergency. The COVID-19 epidemic has a large number of people infected, and its spread and scope far exceed SARS. Currently, there are more than 170 million confirmed cases worldwide. Different industries are affected differently by the epidemic. The COVID-19 pandemic has severely hit the global economy.

The impact of the epidemic on the Plated Coils and Plates industry will involve all major links and subjects of the industry chain. In order to avoid large-scale population movements and gatherings, countries have adopted prevention and control measures such as home isolation and extension of the Spring Festival holiday. More and more cities are entering the first-level response state, strict isolation measures, prohibiting vehicles from entering and exiting, strictly controlling the movement of people, and strictly preventing the spread of the epidemic. This makes it impossible for non-local employees to return or arrive immediately, and the insufficient number of employees severely hinders normal commuting, leading to large-scale shutdowns. The road closure measures adopted by various places have hindered the transportation of raw materials such as nickel alloy, titanium and zinc. The existing reserves of raw and auxiliary materials cannot meet the needs of normal production, and most companies cannot maintain raw material inventories. The operating load of the industry continued to decline, and market sales fell sharply. In addition, Plated Coils and Plates's raw materials mainly include nickel alloy, titanium, zinc, etc. In the context of the current epidemic, both supply and demand will be suppressed. The supply of raw and auxiliary materials is tight, and the products are difficult to be shipped out. Downstream demand is also affected. Affected by the epidemic, companies in many places have announced that they will postpone the resumption of work. The construction, aviation, and automobile transportation industries dominated by Plated Coils and Plates postponed the start of construction, resulting in a sharp drop in downstream Plated Coils and Plates demand and a rapid increase in Plated Coils and Plates inventory.

Drivers

Plated Coils and Plates is a new type of material. As a new material, it is widely used in various industries such as construction, industry, and aviation, and it is widely used. In addition, it is also widely used in life, from electrical accessories, air conditioners, refrigerators, freezers, washing machines, microwave ovens, water heaters, electric fans, to the ventilation ducts of buildings, which can be seen everywhere, with different uses and different processing forms. After beautification treatment, they may not be visible, such as the back cover of a refrigerator. In general, Plated Coils and Plates is widely used and has very large market demand.
The Asia-Pacific region has experienced rapid economic development in recent years, and large-scale infrastructure projects have made considerable progress. Rapid industrialization and urbanization, population growth, and growth in manufacturing (especially in developing economies) are expected to drive the growth of industries such as construction. China and India are the world's leading construction markets. In turn, this may increase product demand. For example, China is accelerating the process of urbanization, and the western development and state-led housing construction projects will have strong development, which will drive the growth of Plated Coils and Plates demand. In addition, in emerging regions such as the Asia-Pacific region, the increase in car sales and the increase in energy demand in developed and emerging regions are supporting the growth of the global Plated Coils and Plates market. Therefore, in the context of rapid development in the Asia-Pacific region, Plated Coils and Plates has good prospects for development.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

ArcelorMittal is one of the major players operating in the Plated Coils and Plates market, holding a share of 9.44% in 2021.

ArcelorMittal is the world's leading steel and mining company, is the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances, and packaging, with world-class research and development and outstanding distribution networks.

JFE Holdings, Inc. is a holding company that was established through the merger of NKCorp and Kawasaki Stee Corp. The Company manages and conducts its subsidiaries' business, which is steel production and integrated engineering services.

Segmentation Overview:

Among different product types, Galvanised sheet segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Construction segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Plated Coils and Plates market covered in Chapter 3:

Maanshan Iron & Steel Company Limited
Hesteel Group
JFE Holdings, Inc
Angang Steel Company Limited
POSCO
Hyundai Steel
ArcelorMittal
China Baowu Steel Group Corp

In Chapter 4 and Chapter 14.2, on the basis of types, the Plated Coils and Plates market from 2018 to 2029 is primarily split into:

Galvanised sheet
Tin plate

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Plated Coils and Plates market from 2018 to 2029 covers:

Construction
Automotive
Light industry
Agriculture

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)