United Kingdom (UK) Steel Market Summary, Competitive Analysis and Forecast to 2026
Summary
Steel in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-21, and forecast to 2026). 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.
- The UK steel market had total revenues of $7.1 billion in 2021, representing a compound annual growth rate (CAGR) of 14.8% between 2016 and 2021.
- Market consumption volumes declined with a CAGR of -1.1% between 2016 and 2021, to reach a total of 7.2 million tons in 2021.
- In 2021, the UK market surged to strong growth and came out from continuous contraction in the last three years. The growth in 2021 is driven by economic recovery and new construction orders from both public and private sectors.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the steel market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in the United Kingdom
- 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 United Kingdom steel market with five year forecasts
- What was the size of the United Kingdom steel market by value in 2021?
- What will be the size of the United Kingdom steel market in 2026?
- What factors are affecting the strength of competition in the United Kingdom steel market?
- How has the market performed over the last five years?
- 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 leading players?
- 7.3. What strategies do the leading players follow?
- 7.4. How did the COVID-19 pandemic affect the industry?
- 7.5. What new products/services/innovations have been launched in the market over the last year?
- 8 Company Profiles
- 8.1. Tata Steel Ltd
- 8.2. Grupo Celsa
- 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: United Kingdom steel market value: $ billion, 2016–21
- Table 2: United Kingdom steel market volume: million tons, 2016–21
- Table 3: United Kingdom steel market geography segmentation: $ billion, 2021
- Table 4: United Kingdom steel market value forecast: $ billion, 2021–26
- Table 5: United Kingdom steel market volume forecast: million tons, 2021–26
- Table 6: United Kingdom steel market share: % share, by volume, 2021
- Table 7: Tata Steel Ltd: key facts
- Table 8: Tata Steel Ltd: Annual Financial Ratios
- Table 9: Tata Steel Ltd: Key Employees
- Table 10: Tata Steel Ltd: Key Employees Continued
- Table 11: Tata Steel Ltd: Key Employees Continued
- Table 12: Tata Steel Ltd: Key Employees Continued
- Table 13: Grupo Celsa: key facts
- Table 14: Grupo Celsa: Key Employees
- Table 15: United Kingdom size of population (million), 2017–21
- Table 16: United Kingdom gdp (constant 2005 prices, $ billion), 2017–21
- Table 17: United Kingdom gdp (current prices, $ billion), 2017–21
- Table 18: United Kingdom inflation, 2017–21
- Table 19: United Kingdom consumer price index (absolute), 2017–21
- Table 20: United Kingdom exchange rate, 2017–21
- List of Figures
- Figure 1: United Kingdom steel market value: $ billion, 2016–21
- Figure 2: United Kingdom steel market volume: million tons, 2016–21
- Figure 3: United Kingdom steel market geography segmentation: % share, by value, 2021
- Figure 4: United Kingdom steel market value forecast: $ billion, 2021–26
- Figure 5: United Kingdom steel market volume forecast: million tons, 2021–26
- Figure 6: Forces driving competition in the steel market in the United Kingdom, 2021
- Figure 7: Drivers of buyer power in the steel market in the United Kingdom, 2021
- Figure 8: Drivers of supplier power in the steel market in the United Kingdom, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the steel market in the United Kingdom, 2021
- Figure 10: Factors influencing the threat of substitutes in the steel market in the United Kingdom, 2021
- Figure 11: Drivers of degree of rivalry in the steel market in the United Kingdom, 2021
- Figure 12: United Kingdom steel market share: % share, by volume, 2021
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