Steel Market Projected to Reach USD910 Billion by 2030, Growing at 5.4% CAGR
The global steel market is expected to grow at 5.4% CAGR from 2024 to 2030. It is expected to reach above USD 910 billion by 2030 from USD 566 billion in 2020.
Recently published a new research report of Steel Market. The research report offers detailed analysis of industry drivers, trends, growth drivers, and market segmentation. It also studies the historical and forecast growth rate of the market by region and compares it with other markets. Furthermore, the research report offers detailed information on Steel market opportunities, cost analysis, supply chain analysis, and sales and revenue analysis by region. This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
The study contains information about the key industry participants covering aspects such as product offerings, Steel market share, and ratio, among others. The study contains graphs, charts, tables, and other pictorial representations to help readers easily understand the key findings.
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What Information does this report contain?
Historical data coverage: Growth Projections: 2024 to 2030.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Competitive Landscape:
ArcelorMittal (Luxembourg), POSCO (South Korea), Shangang Group (Spain), NSSMC Group (Japan), China Baowu Group (China), HBIS Group (China), Tata Steel Group (India), Nucor Corporation (US), Hyundai Steel Company (South Korea), China Steel Company (Taiwan).
Steel Market Segmentation:
Steel Market by Type, 2020-2029, (USD Million), (Kilotons)
Flat Steel
Long Steel
Steel Market by Product, 2020-2029, (USD Million), (Kilotons)
Structural Steel
Iron Steel Wire
Bright Steel
Welding Iron/Rod
Ropes
Prestressing Steel
Braids
Others
Steel Market by Application, 2020-2029, (USD Million), (Kilotons)
Automotive
Mechanical
Building And Construction
Metal Products
Mechanical Equipment
Electric Appliances
Domestic Appliances
Other Transportation
Steel Market by Region, 2020-2029, (USD Million), (Kilotons)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important countries in all regions are covered.
Full Report of the Steel Market @:
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Regional Analysis:
North America (USA, Canada)
Europe (France, Germany, Great Britain, Italy, Netherlands, Spain, Russia)
Asia-Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Table of Content
Global Steel Market Research Report 2022 – 2029
Chapter 1 Steel Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Steel Market Forecast
Key Benefits of the Report
- Comprehensive Analysis: This report offers an in-depth analysis of the Steel industry, highlighting current trends and future predictions to identify potential investment opportunities.
- Market Dynamics: Detailed information on key drivers, restraints, and opportunities is provided, along with an in-depth analysis of the Steel market share.
- Quantitative Insights: The current market is quantitatively assessed to showcase the growth scenario of the Steel market.
- Porter’s Five Forces Analysis: The report includes a detailed Porter’s Five Forces analysis, illustrating the strength and influence of buyers and suppliers in the market.
- Competitive Landscape: The report delivers a thorough analysis of the competitive intensity within the Steel market and forecasts how competition is likely to evolve in the coming years.
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