Press release
Pre-Painted Steel Coil in North America to Accumulate 42% of the Global Share
The pre-painted steel coil market has garnered a market value of US$ 10.64 Bn in 2022, anticipated to register a positive CAGR of 6.4% in the forecast period 2022-2032 and reach a value of US$ 19.79 Bn. The optimal research for gaining the deepest level of Pre-Painted Steel Coil market understanding and discovering the best business opportunities in the chosen areas of analysis report.The structure of the report comprises the systematic collection and analysis of information from social and opinion research about certain people or organisations. Various definitions, industry segmentations or categories, industry applications, and value chain topologies are included in the report.
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How Lucrative are Expansion Prospects across North America?
North America is anticipated to generate a revenue share worth 42% in 2022, according to Fact.MR. Over the course of the forecast, the region is anticipated to keep command of the market. Long-standing construction companies are being encouraged to expand their presence in the United States by rising demand from the residential and commercial sectors.
For instance, the affiliates of UFP Construction LLC purchased the assets of three businesses, namely Atlantic Prefab, Inc., Exterior Designs, LLC, and Patriot Building Systems, LLC, in November 2020. These businesses provide construction services for businesses and multi-family housing. Due to Atlantic Prefab Inc.'s prefabricated steel wall panels and light-gauge metal trusses, UFP Construction LLC was able to accelerate its construction schedules after purchasing the New Hampshire-based company.
Additionally, growing U.S. investments in residential development are boosting the market's expansion. To increase their earnings and make up for the losses incurred as a result of the COVID-19 pandemic, builders are giving priority to the development of high-end residences in the nation. Another area of attention for the U.S. market vendors is an increase in modular construction activity.
Key Companies Profiled
• ArcelorMittal
• POSCO
• NLMK
• Nippon Steel Coated Sheet Corporation
• Alucosuper New Materials Co., Ltd.
• UNICOIL
• Shanghai Metal Corporation
• Dana Steel Industry LLC
What insights this research provides to readers?
• Pre-Painted Steel Coil fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Pre-Painted Steel Coil player.
• Various regulations imposed by the governments on the consumption of Pre-Painted Steel Coil in detail.
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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Pre-Painted Steel Coil market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.
The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.
Pre-Painted Steel Coil Market: Segmentation
• By Application
o Metal Buildings
Automotive Buildings
Agriculture Buildings
Aviation Buildings
Commercial Buildings
Residential Buildings
Others
o Post-Frame Buildings
Automotive Buildings
Agriculture Buildings
Aviation Buildings
Commercial Buildings
Residential Buildings
Others
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• What insights this research provides to readers?
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https://www.newswire.co.kr/newsRead.php?no=923711
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