Steel is the main engineering material used in industries such as Construction, Automotive, Transport, Power, Mechanical Machinery, Metal Goods, and Domestic Appliances. It is also the main material utilized in delivering renewable energy such as solar, tidal, and wind power. Steel is composed of iron, carbon, impurities, and alloying elements, the combination of which determines the properties of the steel.
One of the major trends in this market is growth in the Renewable Energy industry, which will require steel to develop infrastructure. This will strengthen the demand for steel in the coming years. Steel will play a major role in developing infrastructure for the generation of power from renewable energy sources such as wind, solar, and tidal. The usage of steel will enable taller, stronger, and lighter-weight towers for wind turbines, increasing their efficiency and reducing carbon emissions associated with their construction.
One of the major drivers in this market is growth in emerging economies. Over the last few years, growth of developed markets such as the US, the EU, and Japan stagnated. This resulted in weak demand for steel products. However, growth in emerging economies such as China, India, and Brazil has countered this effect with their increased infrastructure and construction investment.
In 2019, the market size of Steel Manufacturing is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Steel Manufacturing.
This report studies the global market size of Steel Manufacturing, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Steel Manufacturing production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Arcelor Mittal
Baoshan Iron & Steel
Hebei Iron & Steel Group
Nippon Steel & Sumitomo Metal
Anshan Iron and Steel Group
EVRAZ
Gerdau
Hyundai Steel
JFE Steel Corp
Maanshan Iron & Steel
Nucor Corp
POSCO
RIVA Group
Shagang Group
Shandong Iron and Steel Group
Shougang Group Corp
Tata Steel Group
United States Steel Corp
Wuhan Iron & Steel (Group) Corp
Market Segment by Product Type
Carbon Steel
Alloy Steel
Stainless Steel
Tool Steel
Market Segment by Application
Construction
Automotive
Transport
Power
Mechanical Machinery
Metal Goods
Domestic Appliances
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Steel Manufacturing status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Steel Manufacturing manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Steel Manufacturing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Steel Manufacturing. Industry analysis & Market Report on Steel Manufacturing is a syndicated market report, published as Global (United States, European Union and China) Steel Manufacturing Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Steel Manufacturing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.