openPR Logo
Press release

Flat Steel Market - Report furnishes top to bottom analysis by 2025 | Shanghai Baosteel Group

11-12-2018 07:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Flat Steel Market - Report furnishes top to bottom analysis

Global Flat Steel Market: Snapshot

Rapid industrialization, increase in infrastructure investments, and increasing urban population are some of the key factors driving the global flat steel market, while on the other hand, volatile price of raw materials is restraining it from achieving its true potential. Among the most important end-use segments such as building and infrastructure, automotive, and mechanical equipment, the building and infrastructure sector continues to serve the maximum demand in the global flat steel market, owing to extensive use of flat steel in building construction, roads, railway tracks, factories, oil and gas and solar energy plants, bridges, and other engineering structures. Flat steel offers properties such as flexibility along with high strength and are durable, which in turn not only lowers the overcall cost of the constructed structure but also cuts down the maintenance cost in a long term.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=818

This report on the global flat steel market has been prepared to serve as a business tool for audiences such as the manufacturers of flat steel, distributors and suppliers of flat steel, end-use industries operating in the flat steel supply chain, environment support agencies, and research and consulting firms. The report provides projections on the future of the flat steel market until 2025, based on quantitative and qualitative assessment of the all major factors that may influence the demand in the coming years. In order to present a picture of the competitive landscape and the opportunities available for new players, the report contains profiles of a number of leading vendors operating in the global flat steel market, analyzing their recent strategic decisions and evaluating their shares in the overall market.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=818

Global Flat Steel Market: Overview

Researchers have predicted a healthy growth for the global flat steel market. Driven by rapid industrialization in countries such as India, South Korea, and China, the global market for flat steel is forecast to report a positive CAGR between 2017 and 2025. For instance, with immense growth of the China construction sector on cards, the demand for flat-rolled products for extensive application in external walls, purlins, and cladding construction is expected to increase. This will help the market gain significant traction during the forecast period. Besides this, rising investments in infrastructure development and banning of iron-ore in countries such as India are bolstering opportunities for the flat steel market.

Construction, defense, packaging, infrastructure and transport, consumer goods, and automobile are the most crucial end users of flat steel. Trends affecting these industries thus have a considerable influence on the global flat steel market as well. While construction industry is currently at the fore due to real estate boon witnessed across emerging nations, the demand arising from the infrastructure and transport market will boost the flat steel market as well.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/flat-steel-market

The report provides a detailed assessment of the global flat steel market. Besides primary research, information is sourced from directories, financial records of leading enterprises, and industry journals. Information obtained from trusted industrial sources has also found place in the report, which is aimed at providing better perspective of the global flat steel market to its readers. The effect of Porter’s five forces on the global flat steel market is studied in detail as well.

Global Flat Steel Market: Trends and Opportunities

The global flat steel market is chiefly gaining from the increasing application in the construction industry. As the trend is less likely to subside in the next few years, the demand from the construction sector will continue catapulting the market to greater heights. Steel is one of the most important engineering materials, however producing it involves extremely labor and energy-intensive processes. While the recent technological advancements have helped industries to reduce dependence on energy, the process at large continues to remain intensive. This is a key concern for the market.

Nevertheless, step taken towards curbing greenhouse gases emission will promote the use of sustainable materials. This in turn is projected give impetus to the global flat steel market. Therefore, the increase use of flat steel as a sustainable material, will help the market generate higher revenue during the forecast period.

Global Flat Steel Market: Regional Outlook

Regionally, Asia Pacific holds strong opportunities for the global flat steel market and is expected to account for a major share by the end of the forecast period. The flat steel market in Asia Pacific is primarily driven by the increasing demand from its rapidly growing construction and automobile sectors. As the development witnessed in these industries has been immense in countries such as India and China, the demand for flat steel is projected to remain higher in Asia Pacific through the forecast period. Also the Asia Pacific flat steel market is expected to gain from the economic development in the aforementioned economies and their rising investment in the construction and automotive sectors.

Global Flat Steel Market: Vendor Landscape

The global flat steel market exhibits a highly competitive vendor landscape, however, with no companies holding clear dominance. In addition, due to the entry of new suppliers, shares held by leading companies is declining further. To counter such intense competition, a majority of the enterprises operating in the global flat steel market are focusing on technological advancements to cater to the dynamic consumer preferences.

Some of the key vendors in the market are Shanghai Baosteel Group, ArcelorMittal, United States Steel, NSSMC, POSCO, and JFE Steel.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flat Steel Market - Report furnishes top to bottom analysis by 2025 | Shanghai Baosteel Group here

News-ID: 1360471 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Steel

Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Structural Steel market Share? Gerdau S.A, ArcelorMittal, Tat …
This Global Structural Steel market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years. According to this study, over the next five years the Structural Steel market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 79700 million by 2024, from