Galvalume Steel Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Galvalume Steel Market Size
According to new survey, global Galvalume Steel market is projected to reach US$ 13660 million in 2029, increasing from US$ 9299.3 million in 2022, with the CAGR of 5.4% during the period of 2023 to 2029.

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Galvalume Steel Market
Galvalume steel is a type of coated steel that has a combination of zinc, aluminum, and silicon applied to its surface. The coating is applied to the steel substrate through a continuous hot-dip process, creating a tightly bonded alloy layer that protects the underlying steel from corrosion.
Whatever the outdoor environment, galvalume metal shows superior resistance to corrosion than standard galvanized steel. It also resists corrosion when exposed to snow, ice, and rain. In effect, galvalume increases both the durability and longevity. The durability and corrosion resistance of galvalume steel is likely to create huge demand in anticipation.
Global key players of Galvalume Steel include JSW Steel, BlueScope and ArcelorMittal, etc. The top three players hold a share over 18%. China is the largest market, has a share about 35%. In terms of product type, Structural Steel is the largest segment, occupied for a share of about 64%, and in terms of application, Construction has a share about 56 percent.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Galvalume Steel market with multiple angles, which provides sufficient supports to readers' strategy and decision making.

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Segment by Type
• Formed Steel
• Structural Steel

Segment by Application
• Construction
• Home Appliance
• Automotive
• Others

By Company
Baowu Group, ArcelorMittal, Ansteel, Nippon Steel, Shagang Group, POSCO, Shougang Group, New Tianjin Steel Group, JFE Steel, BlueScope, Yieh Phui, JSW Steel, Safal Group, U.S. Steel, ThyssenKrupp, Yodogawa Steel Works, Dongkuk Steel, Dongbu Steel, Kerui Steel, Companhia Siderúrgica Nacional (CSN)

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This release was published on openPR.