Global Steel Manufacturing Market to Witness a Pronounce Growth During 2025

Posted by QYRtina on August 10th, 2018

This report studies the Steel Manufacturing market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Steel Manufacturing in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    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

By the product type, the market is primarily split into

    Carbon Steel

    Alloy Steel

    Stainless Steel

    Tool Steel

By the end users/application, this report covers the following segments

    Construction

    Automotive

    Transport

    Power

    Mechanical Machinery

    Metal Goods

    Domestic Appliances

The study objectives of this report are:

    To study and analyze the global Steel Manufacturing market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

    To understand the structure of Steel Manufacturing market by identifying its various subsegments.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    Focuses on the key global Steel Manufacturing manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Steel Manufacturing with respect to individual growth trends, future prospects, and their contribution to the total market.

    To project the value and volume of Steel Manufacturing submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

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