Steel Flat-Rolled Products Market: Key regions, sales, revenue, market share and growth rate during forecast period 2019-2025
This report researches the worldwide Steel Flat-Rolled Products market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Steel Flat-Rolled Products breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Steel flat rolled products are made of steel and these products have flat surfaces instead of grooved faces.
The rapid increase in industrialization and development in APAC countries like India, China, and South Korea will boost the demand for steel flat-rolled products globally. For instance, the construction market in China is expected to grow to nearly USD 2.5 trillion by 2019. Since flat-rolled products find extensive applications in the construction of internal walls, cladding, and purlins, the growth in the construction sector will translate into the demand for steel flat-rolled products until the end of 2023. Moreover, the rapid urbanization, substantial investments in the infrastructure sector, and the banning of iron-ore mining in India are expected to the drive the market for steel flat-rolled products over the forecast period.
The extensive applications of steel in the construction industry is expected to continue to propel the prospects of growth of this market during the forecast period. Steel is the most important engineering material, but its production is an extremely energy-intensive process. The recent technological advancements and extensive research and development has reduced the energy consumption and will eventually lead to the reduction in the emission of greenhouse gasses. Therefore, the use of steel as a sustainable material is expected to aid in the growth of the steel flat-rolled products market until the end of 2023.
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Global Steel Flat-Rolled Products market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Steel Flat-Rolled Products.
This report focuses on the top manufacturers' Steel Flat-Rolled Products capacity, production, value, price and market share of Steel Flat-Rolled Products in global market. The following manufacturers are covered in this report:
ArcelorMittal
JFE Steel
NSSMC
POSCO
Shanghai Baosteel Group
United States Steel
Steel Flat-Rolled Products Breakdown Data by Type
Cold Rolled Coils
Hot Rolled Coils
Slab
Coated Steel Products
Others
Steel Flat-Rolled Products Breakdown Data by Application
Construction
Infrastructure and Transport
Automobile
Consumer Goods
Packaging
Defense
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