France Flat Carbon Steel Market is Anticipated to Reach USD 30.70 Billion at a Robust CAGR of 3.86% Between 2023 to 2030 | Infinium Global Research

A recent market research report, titled "France Flat Carbon Steel Market," sheds light on the dynamic and evolving landscape of the flat carbon steel industry in France. The report, produced by in-depth analysis of the market, highlights key drivers, restraints, and opportunities that are shaping the industry, along with an exploration of equipment segments, end-user industries, product types, and the competitive landscape. The France flat carbon steel market was valued at USD 22.84 Billion in 2022 and is expected to reach USD 30.70 Billion by 2030 and grow at a CAGR of 3.86% over the forecast period.

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France, the twelfth-largest steel exporter globally, has been witnessing remarkable growth in its flat carbon steel industry. In 2017, France exported 14.7 million metric tons of steel, marking an 8 percent increase from the previous year. The country's exports accounted for about 3 percent of all steel exports worldwide in 2016. France's well-developed industrial sectors, including automotive, infrastructure, and transport, have played a pivotal role in expanding the steel industry. Steel production in France has averaged 1607.15 thousand tons from 1969 until 2019.

Flat carbon steel, which includes sheets, strips, and plates, represented a significant share of France's steel exports, accounting for 68 percent of exports by volume in 2017, which amounted to 10 million metric tons. Major export destinations for France include Germany (24 percent), Spain (14 percent), Belgium (14 percent), Italy (12 percent), and Turkey (6 percent). The rapidly growing industrialization, especially in the automotive sector, has had a substantial impact on the production of flat carbon steel in France. The transportation industry, including vehicle manufacturing, construction, aerospace, marine, and railway manufacturing, is expected to drive demand in the foreseeable future.

While the demand for flat carbon steel in France's export share holder countries like Germany and Spain is primarily concentrated in the automotive and aerospace sectors due to properties like high tensile strength and light weight, volatility in raw material prices has been identified as a challenge. However, ongoing research aimed at optimizing the production of flat carbon steel could provide significant growth opportunities for the market.

Drivers

=> Growing Construction Sector: France's increasing population and government policies promoting home ownership have led to a surge in construction activities. This trend is expected to continue, supporting the growth of the flat carbon steel market.

=> Increasing Demand in the Automotive Industry: France's automotive industry, home to major manufacturers like PSA Group and Renault Group, is driving demand for flat carbon steel as lightweight materials become increasingly popular in automotive design.

Restraint

=> Volatility in Raw Material Prices: Fluctuations in the prices of raw materials used in flat carbon steel production, including iron ore and coke, have created supply disruptions, posing challenges for the industry.

Opportunity

=> Research and Development: Companies in the flat carbon steel industry are investing in optimizing processes, reducing environmental impact, improving quality, and cutting costs. This ongoing research and development presents opportunities for market growth.

By Equipment Segment

The report also delves into equipment segments, including rollers (hot and cold roller machines) and oxy-cutting machines (portable, semi-automatic, and CNC). These segments provide a detailed overview of the machinery used in the flat carbon steel production process.

By End User

End-user segments explored in the report include the construction, machinery manufacturing, automotive, rail, shipbuilding, and electrical industries. The construction industry is identified as the largest end-user segment, followed by machinery manufacturing and the automotive industry, which are expected to drive growth.

By Product

The report categorizes flat carbon steel products into plates, hot-rolled coils, cold-rolled coils, galvanized coils, and pre-painted steel coils. Among these, hot-rolled coils are expected to hold a significant share in the France flat carbon steel market due to their wide range of applications.

Competitive Landscape

The France flat carbon steel market is fragmented and features key players like ArcelorMittal, NLMK, C.D. Wälzholz GmbH & Co. KG, SRN Metal, Riva Acier, CELSA, Vallourec, and Eramet. These companies are actively expanding their portfolios and geographic footprint to maintain their competitive edge.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Flat Carbon Steel Market Highlights

2.2. Flat Carbon Steel Market Projection

2.3. Flat Carbon Steel Market Regional Highlights

Chapter 3. Global Flat Carbon Steel Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter's Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Product

3.4.2. IGR-Growth Matrix Analysis by Application

3.4.3. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Flat Carbon Steel Market

Chapter 4. Flat Carbon Steel Market Macro Indicator Analysis

Chapter 5. Global Flat Carbon Steel Market by Product

5.1. Plates

5.2. Hot-rolled Coils

5.3. Cold-rolled Coils

5.4. Galvanized Coils

5.5. Pre-painted Steel Coils

Chapter 6. Global Flat Carbon Steel Market by Application

6.1. Building & Infrastructure

6.2. Transportation

6.3. Energy

6.4. Mechanical Equipment Manufacturing

6.5. Others

Chapter 7. Global Flat Carbon Steel Market by Region 2023-2030

7.1. North America

7.1.1. North America Flat Carbon Steel Market by Product

7.1.2. North America Flat Carbon Steel Market by Application

7.1.3. North America Flat Carbon Steel Market by Country

7.2. Europe

7.2.1. Europe Flat Carbon Steel Market by Product

7.2.2. Europe Flat Carbon Steel Market by Application

7.2.3. Europe Flat Carbon Steel Market by Country

7.3. Asia-Pacific

7.3.1. Asia-Pacific Flat Carbon Steel Market by Product

7.3.2. Asia-Pacific Flat Carbon Steel Market by Application

7.3.3. Asia-Pacific Flat Carbon Steel Market by Country

7.4. RoW

7.4.1. RoW Flat Carbon Steel Market by Product

7.4.2. RoW Flat Carbon Steel Market by Application

7.4.3. RoW Flat Carbon Steel Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Flat Carbon Steel Market

8.2. Companies Profiles

8.2.1. ArcelorMittal S.A.

8.2.2. China BaoWu Group Corporation Ltd.

8.2.3. Nippon Steel & Sumitomo Metal Corporation

8.2.4. POSCO Steel

8.2.5. Dongkuk Steel

8.2.6. HYUNDAI STEEL

8.2.7. Dongbu Steel

8.2.8. EVRAZ plc

8.2.9. SAIL

8.2.10. JFE Steel Corporation

Chapter 9. Appendix

9.1. Primary Research Findings and Questionnaire

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of France flat carbon steel.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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