Coated Steel Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The global coated steel market is expected to reach over 282 million tons by the end of this year and is projected to register a CAGR of around 3.5% during the forecast period.
COVID-19 had a negative impact on the global economy in 2020 and H1-2021. It affected several industrial sectors, such as coated steel, hindering their supply chain. The lockdown and shutdown changed the behavior of retail businesses, international supply chains, and purchases across various sectors. However, the market is projected to grow steadily due to increased automotive and construction activities after lifting restrictions in the second half of 2021, gradually leading to market recovery.
Key HighlightsThe global coated steel market is fragmented. Major players in the market include (in no particular order) NIPPON STEEL CORPORATION, PJSC MMK, JSW Steel, United States Steel, and ArcelorMittal, among others.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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