Galvanized Steel Coil Market is anticipated to reach US$ 68.44 Bn. by 2029 from US$ 48.63 Bn. in 2022 at a CAGR of 5% during a forecast period. The galvanized steel coil is a galvanized steel sheet that has been treated to prevent rust. Regular steel is largely formed of iron, which rusts when exposed to moisture, such as rain or humidity, but galvanized steel has a physical barrier that prevents water from interacting with iron. During the forecast period, demand for galvanized steel coil is expected to rise due to increased industrialization and population in various growing economies around the world. In the future, demand for galvanized steel coil is expected to expand significantly in the Asia Pacific and South America.To know about the Research Methodology :- Request Free Sample Report In the report, 2022 is considered a base year however 2022’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Galvanized Steel Coil Market Dynamics
Increasing the automotive industry, together with the industrial sector, is the primary driver of the galvanized steel market, with demand for galvanized products increasing across the world. The galvanization process provides excellent rust protection, extending the product's life and increasing its service life. It has a lower maintenance cost, which makes it more popular. Continuous galvanization makes the manufacturing process simple, and the market for this segment is rapidly expanding. As the world's population grows, so does migration to cities, resulting in urbanization and increased demand for flats, homes, and commercial buildings. Likewise, rising investment in emerging nations is resulting in the creation of more industries and accompanying infrastructure, boosting demand for galvanized steel coil. Because galvanized steel is less costly than other materials, it is commonly used in building and infrastructure projects. The cost-effectiveness of galvanized steel coil, as well as an expansion in industrial applications, are expected to drive up demand in the forecast period.Segment Analysis
By Type, in 2022, galvanized steel strips were the most popular product, accounting for more than 40% of all sales. Galvanized steel strips are sturdy and long-lasting, and they come in a variety of thicknesses. The automobile industry, pharmaceutical/chemical industry, construction, and oil & gas sector are only a few of its applications. By Application, Galvanized steel is widely used in construction. Pre-engineered steel buildings, agricultural buildings, building accessories, and other uses for galvanized steel may be found in the construction sector. These are mostly utilized in the construction of building frames, ceilings, and doors, among other things. Additionally, the galvanized steel market is expected to grow rapidly throughout the forecast period, owing to the expanding automotive and construction industries.Regional Insight
The Asia Pacific is expected to account for roughly 68 percent of global market revenue by 2029, making it the fastest-growing region in the galvanized steel market. The strong demand for galvanized steel flat-rolled products from the car and construction industries is the key driver of this region's growth. Besides, because China is the world's largest manufacturer of galvanized steel, particularly metal-coated steel sheets, steel output in the region will increase during the forecast period. Because of increased building and infrastructure activities, as well as an increase in the number of industries, North America and Europe lead the worldwide galvanized steel coil market. Due to increased residential building development, the United States is the biggest user of galvanized steel.Galvanized Steel Coil Market Report Objectives:
Landscape analysis of the Galvanized Steel Coil Market competitive benchmarking Past and current status of the industry with the forecasted market size and trends Evaluation of potential key players that include market leaders, followers, and new entrants Technology trends The potential impact of micro-economic factors on the market External and Internal factors affecting the market have been analyzed The report also helps in understanding the market dynamics, structure by analyzing the market segments project the market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Galvanized Steel Coil Market make the report investor’s guide.Galvanized Steel Coil Market Scope : Inquire before buying
Galvanized Steel Coil Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 5% US$ 48.63 Bn US$ 68.44 Bn Segments Covered by Type Galvanized Steel Coils Galvanized Steel Strips Others by Application Construction Automobile Home Appliances Others Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Galvanized Steel Coil Market Key Players
1. JFE Steel Corporation 2. Baosteel Co., Ltd. 3. ArcelorMittal 4. Gerdau S/A 5. Nippon Steel Corporation 6. POSCO 7. JSW Steel Ltd 8. Essar Steel 9. Thyssenkrupp AG 10.Shougang 11.Ansteel Group 12.Maanshan Steel 13.United States Steel Corporation 14.Youfa Steel Pipe Group 15.Benxi Steel Group Frequently Asked Questions: 1. Which region has the largest share in Global Galvanized Steel Coil Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Galvanized Steel Coil Market? Ans: The Global Galvanized Steel Coil Market is growing at a CAGR of 5% during forecasting period 2023-2029. 3. What is scope of the Global Galvanized Steel Coil Market report? Ans: Global Galvanized Steel Coil Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Galvanized Steel Coil Market? Ans: The important key players in the Global Galvanized Steel Coil Market are – JFE Steel Corporation, Baosteel Co., Ltd., ArcelorMittal, Gerdau S/A, Nippon Steel Corporation, POSCO, JSW Steel Ltd, Essar Steel, Thyssenkrupp AG, Shougang, Ansteel Group, Maanshan Steel, United States Steel Corporation, Youfa Steel Pipe Group, and Benxi Steel Group 5. What is the study period of this Market? Ans: The Global Galvanized Steel Coil Market is studied from 2022 to 2029.
1. Galvanized Steel Coil Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Galvanized Steel Coil Market: Dynamics 2.1. Galvanized Steel Coil Market Trends by Region 2.1.1. North America Galvanized Steel Coil Market Trends 2.1.2. Europe Galvanized Steel Coil Market Trends 2.1.3. Asia Pacific Galvanized Steel Coil Market Trends 2.1.4. Middle East and Africa Galvanized Steel Coil Market Trends 2.1.5. South America Galvanized Steel Coil Market Trends 2.2. Galvanized Steel Coil Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Galvanized Steel Coil Market Drivers 2.2.1.2. North America Galvanized Steel Coil Market Restraints 2.2.1.3. North America Galvanized Steel Coil Market Opportunities 2.2.1.4. North America Galvanized Steel Coil Market Challenges 2.2.2. Europe 2.2.2.1. Europe Galvanized Steel Coil Market Drivers 2.2.2.2. Europe Galvanized Steel Coil Market Restraints 2.2.2.3. Europe Galvanized Steel Coil Market Opportunities 2.2.2.4. Europe Galvanized Steel Coil Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Galvanized Steel Coil Market Drivers 2.2.3.2. Asia Pacific Galvanized Steel Coil Market Restraints 2.2.3.3. Asia Pacific Galvanized Steel Coil Market Opportunities 2.2.3.4. Asia Pacific Galvanized Steel Coil Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Galvanized Steel Coil Market Drivers 2.2.4.2. Middle East and Africa Galvanized Steel Coil Market Restraints 2.2.4.3. Middle East and Africa Galvanized Steel Coil Market Opportunities 2.2.4.4. Middle East and Africa Galvanized Steel Coil Market Challenges 2.2.5. South America 2.2.5.1. South America Galvanized Steel Coil Market Drivers 2.2.5.2. South America Galvanized Steel Coil Market Restraints 2.2.5.3. South America Galvanized Steel Coil Market Opportunities 2.2.5.4. South America Galvanized Steel Coil Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Galvanized Steel Coil Industry 2.8. Analysis of Government Schemes and Initiatives For Galvanized Steel Coil Industry 2.9. Galvanized Steel Coil Market Trade Analysis 2.10. The Global Pandemic Impact on Galvanized Steel Coil Market 3. Galvanized Steel Coil Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 3.1.1. Galvanized Steel Coils 3.1.2. Galvanized Steel Strips 3.1.3. Others 3.2. Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 3.2.1. Construction 3.2.2. Automobile 3.2.3. Home Appliances 3.2.4. Others 3.3. Galvanized Steel Coil Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Galvanized Steel Coil Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 4.1.1. Galvanized Steel Coils 4.1.2. Galvanized Steel Strips 4.1.3. Others 4.2. North America Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 4.2.1. Construction 4.2.2. Automobile 4.2.3. Home Appliances 4.2.4. Others 4.3. North America Galvanized Steel Coil Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Galvanized Steel Coils 4.3.1.1.2. Galvanized Steel Strips 4.3.1.1.3. Others 4.3.1.2. United States Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Construction 4.3.1.2.2. Automobile 4.3.1.2.3. Home Appliances 4.3.1.2.4. Others 4.3.2. Canada 4.3.2.1. Canada Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Galvanized Steel Coils 4.3.2.1.2. Galvanized Steel Strips 4.3.2.1.3. Others 4.3.2.2. Canada Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Construction 4.3.2.2.2. Automobile 4.3.2.2.3. Home Appliances 4.3.2.2.4. Others 4.3.3. Mexico 4.3.3.1. Mexico Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Galvanized Steel Coils 4.3.3.1.2. Galvanized Steel Strips 4.3.3.1.3. Others 4.3.3.2. Mexico Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Construction 4.3.3.2.2. Automobile 4.3.3.2.3. Home Appliances 4.3.3.2.4. Others 5. Europe Galvanized Steel Coil Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.2. Europe Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3. Europe Galvanized Steel Coil Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Galvanized Steel Coil Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Galvanized Steel Coil Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Galvanized Steel Coil Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Galvanized Steel Coil Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 8. South America Galvanized Steel Coil Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 8.2. South America Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 8.3. South America Galvanized Steel Coil Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Galvanized Steel Coil Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Galvanized Steel Coil Market Size and Forecast, by Application (2022-2029) 9. Global Galvanized Steel Coil Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Galvanized Steel Coil Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. JFE Steel Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Baosteel Co., Ltd. 10.3. ArcelorMittal 10.4. Gerdau S/A 10.5. Nippon Steel Corporation 10.6. POSCO 10.7. JSW Steel Ltd 10.8. Essar Steel 10.9. Thyssenkrupp AG 10.10. Shougang 10.11. Ansteel Group 10.12. Maanshan Steel 10.13. United States Steel Corporation 10.14. Youfa Steel Pipe Group 10.15. Benxi Steel Group 11. Key Findings 12. Industry Recommendations 13. Galvanized Steel Coil Market: Research Methodology 14. Terms and Glossary