Press release
Steel Products Market Recent Industry Developments, Global Analysis Report 2021 To 2025 And Revenue Status
The Business Research Company offers " Steel Products Global Market Report 2021: COVID-19 Impact And Recovery To 2030 " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The steel products market report describes and explains the global steel products market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The steel products market consists of sales of steel products by entities (organizations, sole traders and partnerships) that produce steel products such as tubes and pipes from iron and steel, shapes drawn through rolling or drawing of purchased iron or steel, and draw steel wire. The steel products market is segmented into iron and steel pipe and tube; and rolled and drawn steel.
The global steel products market is expected to grow from $356.69 billion in 2020 to $406.4 billion in 2021 at a compound annual growth rate (CAGR) of 13.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $528.35 billion in 2025 at a CAGR of 7%.
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Some of the major players of the steel products market are ArcelorMittal SA, Nippon Steel & Sumitomo Metal Corporation (NSSMC), POSCO, Baosteel, JFE Steel Corporation.
The countries covered in the global steel products market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global steel products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global steel products market is segmented -
1) By Type: Rolled and Drawn Steel, Iron And Steel Pipe And Tube
2) By Application: Construction, Automotive, Energy, Packaging, Others
3) By Product Type: Flat Steel, Long Steel, Tubular Steel, Steel Pipes, Steel Tubes
Read More On The Global Steel Products Market Report:
https://www.thebusinessresearchcompany.com/report/steel-products-global-market-report
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Steel Products Market Characteristics
4. Steel Products Market Product Analysis
5. Steel Products Market Supply Chain
.....
21. Steel Products Market Competitive Landscape
22. Key Mergers And Acquisitions In The Steel Products Market
23. Market Background: Metal Manufacturing Market
24. Recommendations
25. Appendix
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