Press release
Southeast Asia Galvanized Steel Market worth $17.5 billion by 2025 Expected to Grow at a CAGR of 8.5% | Comprehensive study explores Huge Growth in Future
Southeast Asia Galvanized Steel Market
According to this latest publication from Meticulous Research, Southeast Asia galvanized steel market is expected to grow at a CAGR of 8.5% from 2019 to reach $17.5 billion by 2025.
Download Free Sample Copy Of The Report::
https://www.meticulousresearch.com/download-sample-report/cp_id=5019
The high growth of galvanized steel market in the region is mainly attributed to increasing infrastructure development and public spending by the governments of different countries in the region. In addition, emerging automobile industry and urbanization of the region offer significant growth opportunities for the players operating in this market. However, underutilized production capacity of steel, dumping of Chinese steel, and use of outdated induction furnaces of China for production of steel are the key factors expected to hinder the growth of galvanized steel market in this region.
Southeast Asia galvanized steel market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product (hot-dipped galvanized steel, and electro-galvanized steel), and application (building & construction, automotive, white goods, shipbuilding, and other applications). The study also evaluates industry competitors and analyzes the market at a country level.
Browse in-depth Report on https://www.meticulousresearch.com/product/southeast-asia-galvanized-steel-market-5019/
Based on product, the hot-dipped galvanized steel segment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to the cost effectiveness, low life-cycle cost, durability, longevity, sustainability, and simplicity of the manufacturing process. Among hot-dipped galvanized steel segment, the zinc-aluminum-silicon coated steel segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the rising requirements of light weight and high strength material for automotive and structural applications.
Based on application, building & construction accounted for the largest share of the Southeast Asia galvanized steel market in 2018. Increase in public spending by the governments of different countries in the region to develop world-class infrastructure is ensuring faster and smoother movement of goods and human capital across the region. On the other hand, white goods segment is expected to grow at the highest CAGR in the forecast period.
Have Any Query? Ask Our Expert
https://www.meticulousresearch.com/speak-to-analyst/cp_id=5019
Key questions answered in the report-
1 Which are the high growth market segments in terms of product, application, and countries?
2 What was the historical market for galvanized steel in Southeast Asia?
3 What are the market forecasts and estimates for the period 2019-2025?
4 What are the major drivers, restraints, opportunities, and challenges in the Southeast Asia galvanized steel market?
5 Who are the major players in Southeast Asia galvanized steel market?
6 How the competitive landscape in Southeast Asia is galvanized steel market?
7 What are the recent developments in Southeast Asia galvanized steel market?
8What are the different strategies adopted by the major players in Southeast Asia galvanized steel market?
Here are the top Market companies in the world::
https://meticulousblog.org/top-10-companies-in-southeast-asia-galvanized-steel-market/
The major players operating in Southeast Asia galvanized steel market are Nippon Steel Corporation (Japan), POSCO (South Korea), JFE Holdings Inc. (Japan), NS BlueScope Steel Ltd. (Australia), Essar Steel India Ltd. (India), Hoa Phat Group (Vietnam), Hoa Sen Steel Ltd. (Vietnam), Dongkuk Steel Mill Co. Ltd. (South Korea), FiW Steel Sdn. Bhd. (Malaysia), JTL Infra Ltd. (India), Chinh Dai Industrial Co. Ltd. (Vietnam), and Galvaco Industries Sdn. Bhd. (Malaysia) among others.
This research report analyzes major countries in the region and provides comprehensive analysis for Indonesia, Vietnam, Thailand, Malaysia, Philippines, Singapore, and RoSEA. Thailand commanded the largest share of Southeast Asia galvanized steel market in 2018, followed by Vietnam and Indonesia. The large share of this country is mainly attributed to its market leading position in the production of automotive and white goods in the region. Moreover, big-ticket projects like the Eastern Economic Corridor, high-speed rail network, and U-Tapao aviation city are driving the infrastructural development in the country, which in turn is, fueling the growth of galvanized steel market. However, Indonesia is expected to grow at a higher CAGR during the forecast period, driven by growing infrastructure projects, manufacturing sector, and automotive industry.
Download Free Sample Copy Of The Report::
https://www.meticulousresearch.com/download-sample-report/cp_id=5019
Asia-Pacific
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
For Sales Enquires
India: +91-744-7780008
U.S.: +1-646-781-8004
U.K.: +44-203-868-8738
About Meticulous Research
The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details.
Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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 Southeast Asia Galvanized Steel Market worth $17.5 billion by 2025 Expected to Grow at a CAGR of 8.5% | Comprehensive study explores Huge Growth in Future here
News-ID: 2015344 • Views: …
More Releases from Meticulous Research
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth.
Download free…
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031."
Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561
According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth…
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction:
Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is…
IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.'
According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of…
More Releases for Asia
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets.
Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
