Steel Products Market 2022 Industry Trends, Share, Size, Demand, Growth Opportunities Forecast 2028 - Digital Journal

2022-05-19 09:48:39 By : Ms. Iris Pan

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Steel Product Market Global Report 2020 provides the strategists, marketers and senior management with the critical information they need to assess the global steel product market as it emerges from the Covid 19 shut down. For the geography segment, regional supply, demand, major players, price is presented from 2020 to 2028. The global steel products market was pegged at around 1895 million metric tons in 2020 and is expected to register a CAGR of 2.6% during the review period to reach to around 2199 million metric tons by end of 2028.

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By product type, the global steel products market has been segmented into structural steel, iron steel wire, plates & sheets, ingots and semi-finished material, castings & forgings and others. Flat products accounted for the largest volume share of in the stainless steel market in 2020 owing to the increasing use of cold-rolled products. Superior properties such as straightness, concentricity, and tolerance make them suitable in end-use industries such as automotive, home appliances, and construction. The growth in these end-use industries is anticipated to drive the market for stainless steel over the coming years as a result of which the Flat product segment is expected to hold a dominant share of stainless steel market in 2028. However, the increasing use of stainless steel long products in heavy industries is anticipated to augment market growth over the coming years.

By geography, the global steel products market has been segmented into North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. The market in Asia-Pacific accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period. The market growth can be attributed to the expanding production and sale of passenger vehicles particularly in China and India. Strong presence of the shipbuilding industry in the region coupled with expanding international maritime trade is likely to add to the global steel products market growth substantially during the review period. Furthermore, expanding electrical & electronics industry with increased spending on consumer electronics is also supporting the global steel products market growth.

The Steel Products Market is segmented as below:

This report covers the following regions:

The key countries for each region are also included such as the United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

For the competitor segment, the report includes global key players of Steel Product as well as some small players.

The information for each competitor includes:

A selection of companies mentioned in this report includes:

Shandong Iron and Steel Group,

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3. Stainless Steel Pipes and Tubes Market: Product Overview

4. Global Stainless Steel Pipes and Tubes Market: An Analysis

5. Global Stainless Steel Pipes and Tubes Market Segmentation, By Product Type (Value)

6. Global Stainless Steel Pipes and Tubes Market Segmentation, By End User (Value)

7. Global Stainless Steel Pipes and Tubes Market: Regional Analysis

8. Americas Stainless Steel Pipes and Tubes Market: An Analysis (2020-2028)

9. Europe Stainless Steel Pipes and Tubes Market: An Analysis (2020-2028)

10. Asia Pacific Stainless Steel Pipes and Tubes Market: An Analysis (2020-2028)

11. Global Stainless Steel Pipes and Tubes Market Dynamics

12. Market Attractiveness and Strategic Analysis

14. Global Stainless Steel Pipes and Tubes Market: Merger & Acquisitions

15. Company Profiles (Business Description, Financial Analysis, Business Strategy)

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