Steel Flat Rolled Products Market size is expected to reach US$ 5.19 Bn in year 2029, at a CAGR of 5.7% during the forecast period. Flat steel products are made up of plates and sheets, they are semi-finished steel products, rolled from slabs. These products have been used in a wide range of applications, for instance, domestic appliances, construction, shipbuilding, and automobile. The best corrosion protection for steel is obtained with zinc. The steel flat-rolled product market is showing a northward trend thus, there is a high demand for steel flat-rolled products market over the coming years.To Know About The Research Methodology :- Request Free Sample Report
Steel Flat Rolled Products Market Dynamics:
Increasing Use in construction industry to Drive Steel Flat Rolled Products Market The global construction industry construction market to grow $8 trillion by 2030 the market growth is driven by increasing FDI investment by emerging countries like China, the US, and India. With the rising populations, disposable income and growth in the import and export industry are further boosting the market growth. Development of Real estate and Urban that includes Water supply, Sanitation, Urban transport, Schools, Healthcare, residential, office, retail, hotels, and leisure parks, among others has made a positive impact on the demand for steel flat-rolled market. For instance, by 2025, in India Construction output is expected to grow on average by 7.1% each year and by 2020, the construction equipment industry’s revenue has reached $ 5Bn. has created many lucrative opportunities for the key players operating the market. In 2020, the government of China had announced a total of US$7 trillion of investment in 22,000 projects, including 7.6 trillion besides, China is looking for "new infrastructure" project such as railways, roads, airports, 5G, ultra-high-voltage power facilities, inter-city transport, and vehicle charging stations, big data centers, artificial intelligence, and industrial internet. As a result, the steel flat-rolled products market is expected to grow over the coming years.Rising vehicles population
The consumers and governments shits towards hybrid & electric vehicles and growth in the automotive industry has accelerated the steel flat rolled products market. Steel flat rolled products are widely utilized in car applications such as cold rolled applications are primary preferred seat belt components and auto transmission component. Emerging economies and increasing share of automotive industry is triggering the market growth. However, factors such as corrosion, expensive cost of material and shits towards other alternative products may slow the market growth. The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analysis and report has come up with recommendations for a future hot spot in the Asia Pacific. Major country’s policies about manufacturing and their impact on Steel Flat Rolled Products demand are covered in the report.Steel Flat Rolled Products Market Segment Analysis
The construction segment is expected grow at a CAGR of xx% during the forecast period. Based on End-Use, in 2022, the global construction segment was xx% and it is estimated to reach USD$ xx Mn by 2029. Rising manufacturing of residential and commercial buildings and with the increasing applications of steel flat-rolled products such as in roofing, walling, and ceiling materials has fuelled the market growth. Other factors that are driving the market growth are the establishment of a new manufacturing industry and government initiatives towards the construction sector.Steel Flat Rolled Products Market Regional Insights:
Asia Pacific is expected to grow at a CAGR of 6.1% during the forecast period and is expected to reach xx% market share by 2029 In India, the Construction industry in value terms is expected to record a CAGR of 15.7% to reach $738.5 Bn. by 2022. The Steel Flat-Rolled Products market in the Asia Pacific is projected to expand at a rapid pace during the forecast period, led by the rapid expansion of emerging economies and increasing FDI investment, for instance, India's growth in the construction industry is emerging, growing at almost twice as fast as China. The activities that registered the highest growth include export cargo (10%), highway construction/widening (9.8%), power generation (6.6%), import cargo (5.8%), and cargo at major ports (5.3%). India had spent $454.8 Bn. on infrastructure development over the period of five years (2022-29). Increasing infrastructure investment and steel productions in China is increased as the trade war between U.S. and China is likely to end besides, government stimulus packages have made a positive effect on the steel flat-rolled market. Rising import and export has led to increasing demand for ships, containers are further contributing to the market growth. The growth in Europe is sluggish, Germany is anticipated to become the world’s sixth-largest construction market by 2030. The market growth in North America is fuelled by having a higher concentration of key automobile manufacturers which has led to increasing the use of steel products as auto parts. The report also helps in understanding global Steel Flat Rolled Products market dynamics, structure by analyzing the market segments and project global Steel Flat Rolled Products market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global Steel Flat Rolled Products market make the report investor’s guide.Steel Flat Rolled Products Market Scope: Inquire before buying
Steel Flat Rolled Products Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.52 Bn. Forecast Period 2023 to 2029 CAGR: 5.7% Market Size in 2029: US $ 5.19 Bn. Segments Covered: by Product Type • Sheet & strips • Plates by Material • Carbon steel • Alloy steel • Stainless steel • Tool steel by End-Use • Construction Industry • Automotive & other transport • Mechanical equipment • Others Steel Flat Rolled Products Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Steel Flat Rolled Products market by Major Key Players
• POSCO • United States Steel • ArcelorMittal, • JFE Steel • Shanghai Baosteel Group • Nipponsteel • A.V.STEEL FORGINGS PVT.LTD. • Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Steel Flat Rolled Products Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Steel Flat Rolled Products Market? Ans: The Global Steel Flat Rolled Products Market is growing at a CAGR of 5.7% during forecasting period 2023-2029. 3. What is scope of the Global Steel Flat Rolled Products Market report? Ans: Global Steel Flat Rolled Products 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 Steel Flat Rolled Products Market? Ans: The important key players in the Global Steel Flat Rolled Products Market are – POSCO, United States Steel, ArcelorMittal,, JFE Steel, Shanghai Baosteel Group, Nipponsteel, A.V.STEEL FORGINGS PVT.LTD., Other Key Players, 5. What is the study period of this Market? Ans: The Global Steel Flat Rolled Products Market is studied from 2022 to 2029.
Global Steel Flat Rolled Products Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Steel Flat Rolled Products Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Steel Flat Rolled Products Market 3.4. Geographical Snapshot of the Steel Flat Rolled Products Market, By Manufacturer share 4. Global Steel Flat Rolled Products Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Steel Flat Rolled Products Market 5. Supply Side and Demand Side Indicators 6. Global Steel Flat Rolled Products Market Analysis and Forecast, 2022-2029 6.1. Global Steel Flat Rolled Products Market Size & Y-o-Y Growth Analysis. 7. Global Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.1.1. Sheet & strips 7.1.2. Plates 7.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.2.1. Carbon steel 7.2.2. Alloy steel 7.2.3. Stainless steel 7.2.4. Tool steel 7.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 7.3.1. Construction Industry 7.3.2. Automotive & other transport 7.3.3. Mechanical equipment 7.3.4. Others 8. Global Steel Flat Rolled Products Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 9.1.1. Sheet & strips 9.1.2. Plates 9.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 9.2.1. Carbon steel 9.2.2. Alloy steel 9.2.3. Stainless steel 9.2.4. Tool steel 9.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 9.3.1. Construction Industry 9.3.2. Automotive & other transport 9.3.3. Mechanical equipment 9.3.4. Others 10. North America Steel Flat Rolled Products Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 12. Canada Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 13. Mexico Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 14. Europe Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 15. Europe Steel Flat Rolled Products Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 17. France Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 18. Germany Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 19. Italy Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 20. Spain Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 21. Sweden Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 22. CIS Countries Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 23. Rest of Europe Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 24. Asia Pacific Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 25. Asia Pacific Steel Flat Rolled Products Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 27. India Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 28. Japan Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 29. South Korea Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 30. Australia Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 31. ASEAN Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 32. Rest of Asia Pacific Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 33. Middle East Africa Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 34. Middle East Africa Steel Flat Rolled Products Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 36. GCC Countries Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 37. Egypt Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 38. Nigeria Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 39. Rest of ME&A Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 40. South America Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 41. South America Steel Flat Rolled Products Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 43. Argentina Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 44. Rest of South America Steel Flat Rolled Products Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End-Use, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Steel Flat Rolled Products Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Honeywell 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. POSCO 45.5. United States Steel 45.6. ArcelorMittal, 45.7. JFE Steel 45.8. Shanghai Baosteel Group 45.9. Nipponsteel 45.10. A.V.STEEL FORGINGS PVT.LTD. 45.11. Other Key Players 46. Primary key Insights