Carbon Steel Industry 2021 Manufacturing Technologies, Analysis and PDF Guide till 2028

Carbon steel is an alloy that is made from the combination of steel and carbon. In which the carbon content is above 2.1%. This type of steel is found in four different types namely, low or mild carbon steel, medium carbon steel, high carbon steel and ultra-high carbon steel. It can be heat treated with the help of various processes that enhances the specific properties such as full annealing, isothermal annealing and martempering. Carbon steel is characterized with high carbon content and low weld ability. The presence of carbon steel enhances the hardness & strength of end user industry alloys.

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The advantageous properties offered by carbon steel in automobile and aviation fields drives the growth of carbon steel market. Besides this, the use of carbon steel in infrastructural purposes like pipelines, fencing and gates also drives the market growth. However, disruptions in supply chain observed in various industries restricts the fruitful development of the carbon steel market. The rise in the demand for carbon steel products such as gears, ratchets and shafts is expected to boost the demand for carbon steel in the near future.

The global carbon steel market is segmented on the basis of type, form and application. On the basis of type, the carbon steel market is segmented into low grade carbon steel, medium grade carbon steel, high grade carbon steel and ultra high grade carbon steel. As per form the market is divided into hot rolled carbon steel and cold rolled carbon steel. On the basis of application the carbon steel market is broken into basis & perforated steel, bars & rebars, pipes & tubes, wire rod, normal plates & floor plate and others. By end use industry the market is bifurcated into automotive, construction, railways, shipbuilding & marine, aerospace and others.

The market payers from carbon steel market are anticipated to lucrative growth opportunities in the future with the rising demand for carbon steel market in the global market. Below mentioned is the list of few companies engaged in the carbon steel market.

1. ArcelorMittal
2. Baosteel Group
3. Celsa Group
4. Curtis Steel Co., Inc.
5. EVRAZ plc.
6. Nucor Corporation
7. Omega Steel Company
8. POSCO
9. Thyssenkrupp AG
10. United States Steel Corporation

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