Press release
What's driving the Steel Market trends? ArcelorMittal, Thyssenkrupp AG, Tata Steel, Steel Authority of India Limited (SAIL), Gerdau S/A, Nippon Steel & Sumitomo Metal Corporation, Essar Steel, Mechel OAO, Acerinox S.A., Hyundai Steel, JFE Steel Corporatio
Steel Market
Global steel market share is poised to witness dramatic growth over the next few years on account of surging demand for materials that are strong and at the same time comply with environmental standards. Technological advances and the development of stronger varieties of steel is enabling builders and manufacturers to implement durable and lightweight designs. Steel offers a unique combination of strength, versatility, and formability which makes it best-suited for a wide range of residential, industrial, and commercial applications.
Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/2525398?utm_source=openpr.com&utm_medium=Abhijeet
Company Profiles
o ArcelorMittal
o Tata Steel
o Steel Authority of India Limited (SAIL)
o Gerdau S/A
o Nippon Steel & Sumitomo Metal Corporation
o Essar Steel
o Mechel OAO
o Acerinox S.A.
o Hyundai Steel
o Daido Steel Co., Ltd.
o Kobe Steel, Ltd.
o United States Steel Corporation
o Commercial Metals Company
o Jindal Steel & Power Ltd.
o JFE Steel Corporation
o POSCO
o Nucor Steel
o Steel Dynamics, Inc.
o Baosteel Group
o Outokumpu OYJ
o China Steel Corporation
o Celsa Steel UK
o Jiangsu Shagang Group
o NJR Steel
o Thyssenkrupp AG
Electrical sheets and strips will witness increased demand over the next few years. This can be attributed to shifting consumer focus towards the implementation of lightweight materials into automobiles. Tinmill products captured more than 3.5% revenue share in 2018 and will experience a healthy CAGR over the analysis period. Wheel and axles product segment will account for a substantial share of steel market due to surging demand across the automotive sector.
Galvanized steel sheets are gaining prominence in various end-use industries on account of high strength in addition to excellent corrosion resistance and ecofriendly nature. Galvanized steel is comparatively inexpensive and requires much less maintenance compared to coated steel. This helps save time and money on repairs and replacement. Galvanization of steel increases the durability of the finished product.
Application of even a minimum coating thickness works well to enhance the performance, making galvanized steel sheets more reliable. Long lasting nature of the product will further boost its demand. Studies have revealed that the average life expectancy for galvanized steel as a structural material is more than 50 years in rural environments and up to 25 years in urban or coastal settings.
Angles, shapes, and sections product segment is estimated to witness a CAGR of more than 4% during the study period. Drawn wire account for a fair share of steel market and will experience strong demand in the near future. Advantages such as excellent durability have increased the product usage in aerospace applications. Cold-rolled strips are expected to gain traction during the forecast timeframe.
High formability and unique surface finish are key factors propelling the product demand. Hot-rolled sheets & coils product segment is estimated to witness a CAGR of more than 6% through 2026. Hot-rolled steel is generally cheaper than cold-rolled steel on account of faster manufacturing process.
Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/2525398?utm_source=openpr.com&utm_medium=Abhijeet
Middle East and Africa steel market size will record a healthy CAGR of 3% through 2026. This can be linked with rapid expansion of the automotive sector along with escalating consumer demand for high-performance vehicles. North America holds more than 12% share in global steel market. Regional growth will be driven by flourishing automotive, industrial, and construction sectors.
Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
Chapter 2 Executive Summary
2.1 Steel industry 360 degree synopsis, 2019 - 2026
Chapter 3 Steel Industry Insights For Automotive & Aerospace Applications
3.1 Industry segmentation
3.2 Industry landscape, 2015 - 2026
3.3 Industry ecosystem analysis
3.3.3 Vendor matrix
Chapter 4 Steel Market for Automotive & Aerospace Applications, By Product
4.1 Key product trends
4.2 Angles. Shapes and Sections
Chapter 5 Steel Market For Automotive & Aerospace Applications, By Application
5.1 Key application trends
5.2 Automotive
Chapter 6 Steel Market For Automotive & Aerospace Applications, By Region
6.1 Key regional trends
6.2 North America
Chapter 7 Company Profiles
buying decision on this premium report https://www.marketstudyreport.com/enquiry-before-buying/2525398?utm_source=openpr.com&utm_medium=Abhijeet
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
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 What's driving the Steel Market trends? ArcelorMittal, Thyssenkrupp AG, Tata Steel, Steel Authority of India Limited (SAIL), Gerdau S/A, Nippon Steel & Sumitomo Metal Corporation, Essar Steel, Mechel OAO, Acerinox S.A., Hyundai Steel, JFE Steel Corporatio here
News-ID: 1999023 • Views: …
More Releases from marketstudyreport.com LLC
Why Thermal Management Market is Booming Worldwide | DENSO, Valeo, MAHLE, Honeyw …
Market Study Report, LLC's latest research report on Thermal Management Market, delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, Thermal Management market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.
This report studies the Thermal Management market, Thermal management is the ability to control the temperature and noise level of a system by means…
What's driving the Blockchain in Metals and Mining Market trends? IBM, Verisk, I …
Market Study Report LLC has added a new report on Blockchain in Metals and Mining market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Blockchain in Metals and Mining market in tandem with its competitive terrain.
According to this study,…
What's driving the Internet of Things in Healthcare Market trends? Apple, Cisco …
Market Study Report LLC adds new research on Internet of Things in Healthcare market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Internet of Things in Healthcare market also includes an in-depth study of the industry competitive scenario.
The Internet of Things (IoT) is the…
What's driving the Social Media Management Market trends? Adobe, IBM, Google, Or …
Market Study Report LLC adds new research on Social Media Management market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Social Media Management market also includes an in-depth study of the industry competitive scenario.
Social media management is the process of creating, scheduling, analyzing, and…
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…
