Summary Global Steel industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The steel market consists of the production of crude steel in the stated country or region.
Asia-Pacific captured the largest share of the global steel market, accounting for a share of 74.6% in 2022.
The global steel market had total revenues of $1,566.8 billion in 2022, representing a compound annual growth rate (CAGR) of 9.6% between 2017 and 2022.
Market production volume increased with a CAGR of 1.8% between 2017 and 2022, to reach a total of 1,810,631.0 thousand tonnes in 2022.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global steel market
Leading company profiles reveal details of key steel market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Global steel market with five year forecasts
Reasons to Buy
What was the size of the Global steel market by value in 2022?
What will be the size of the Global steel market in 2027?
What factors are affecting the strength of competition in the Global steel market?
How has the market performed over the last five years?
What are the main segments that make up the global's steel market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market share
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the key players in this sector?
7.3. What strengths and strategies of the market players?
7.4. Have there been any recent developments in the market?
7.5. What are the challenges faced by the players in the market?
8 Company Profiles
8.1. ArcelorMittal SA
8.2. China Baowu Steel Group Corp Ltd
8.3. Nippon Steel Corp
8.4. HBIS Group Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Global steel market value: $ million, 2017–22
Table 2: Global steel market volume: thousand tonnes, 2017–22
Table 3: Global steel market geography segmentation: $ million, 2022
Table 4: Global steel market value forecast: $ million, 2022–27
Table 5: Global steel market volume forecast: thousand tonnes, 2022–27
Table 6: Global steel market share: % share, by volume, 2022