Hot Rolled Carbon Steel Plates Market Is Booming Worldwide by 2027 | China Baowu Group Ltd. Corporation, JSW, Thyssenkrupp AG, JFE Holdings, United States Steel

This report discusses many vital industry facets that influence Global Hot Rolled Carbon Steel Plates industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

Hot Rolled Carbon Steel Plates Market is projected to register a CAGR of over 3% during the forecast period (2021-2026).

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: China Baowu Group Ltd. Corporation, JSW, Thyssenkrupp AG, JFE Holdings, United States Steel Corporation, POSCO Steel, ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, Voestalpine Group, Tata Steel Limited

News and Updates

Taiwan launches AD sunset review on galvanized steel flat-rolled products & carbon steel plate- The initial AD duties on the two cases started to be imposed on August 22, 2016, valid for five years, and they expired on August 21 this year. The applicants for the two cases applied to continue the imposition this February 19.

NSSMC Launches the new ABREX® Series Abrasion Resistant Steel Plate and Exhibits it at the New Environmental Exposition- Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) has launched the new ABREX® Series abrasion resistant steel plate, by integrating the WEL-TEN AR Series and the WEL-HARD Series from the former Nippon Steel and the SUMIHARD Series from the former Sumitomo Metals.

NLMK Clabecq launches a 30M€ rolling mill upgrade to expand Thin & High Added Value Steel Plate range- NLMK Clabecq, the leading Belgian producer of thin premium steel plates and a company of NLMK Group, has embarked on a 30 million euro project to upgrade its rolling mill, continuing to position itself as a key player in the thin-gauge steel plate market and in particular quenched and tempered steel plates.

Market Overview

Heat treatment is a controlled process. It is used to change the microstructure of metals and alloys, like steel and aluminum, to give them properties, like improved surface stiffness, temperature tolerance, ductility, and resilience, which is expected to help them last longer. With numerous benefits, heat-treated steel plates play an important role in the construction, infrastructure, and industrial machinery markets. The heat-treated steel plates market is segmented by steel type, heat treatment type, end-user industry, and geography. By steel type, the market is segmented into carbon steel, stainless steel, and alloy steel. By heat treatment type, the market is segmented into annealing, tempering, normalizing, and quenching. By end-user industry, the market is segmented into automotive and heavy machinery, building and construction, shipbuilding and off-shore structures, energy and power, and other end-user industries. The report also covers the market size and forecasts for the heat-treated steel plates market in 16 countries across major regions. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

Rise in building & construction activities, large-scale investments in infrastructure & industrial sectors, and rapid urbanization in developing economies are boosting the growth of the heat-treated steel plates market. The construction segment is projected to account for the largest market share and dominate the market from 2017 to 2022. The growth in adoption and development of industrial machinery plays a key role in changing the market; this segment is projected to grow at the second-highest rate during the forecast period.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

Structural steel

Weather resistant steel

Hot rolled special steel

Steel plate for high-pressure vessel

Stainless steel plate

Others

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Aerospace

Mechanical

Automobile industry

Building

Others

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Hot Rolled Carbon Steel Plates market, covering important regions, viz, North America, Europe, China, and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

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Hot Rolled Carbon Steel Plates Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Hot Rolled Carbon Steel Plates market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Hot Rolled Carbon Steel Plates market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Hot Rolled Carbon Steel Plates Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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