Industry Press Releases

Flat Steel Market to Reach $757 Billion by 2026 - Increase in Infrastructure Investments - Key Vendors are Arcelormittal, Essar Steel & JSW Steel - Research and Markets

Tuesday, Dec 13, 2016
Pressreleases

Research and Markets has announced the addition of the "Flat Steel Market by Type, End User, and Region - Global Forecast to 2026" report to their offering

 The flat steel market is projected to reach USD 757.15 billion by 2026, at a CAGR of 6.7% from 2016 to 2026. Increasing urban population, rapid industrialization, and increase in infrastructure investments are driving the demand for flat steel products. However, volatile prices of raw materials are expected to restrict market growth.

Plates are widely used for heavy and industrial activities such as construction of buildings, bridges, dams, ships, offshore structures, hydro power stations, storage tanks, boilers, pressure vessels, and machinery. Growing investments in building & infrastructure in emerging economies is expected to propel market growth for the plate segment of the flat steel market. In addition, introduction of high strength steel plate grades has increased the use of steel plates in the automotive sector.

The Asia-Pacific flat steel market is anticipated to grow at the highest CAGR between 2016 and 2026. Growth of this market can be attributed to the increasing demand for flat steel from China and India. China, with growth in construction and automotive industries, is a major consumer of flat steel in the Asia-Pacific region. The India flat steel market is expected to grow at the highest CAGR during the forecast period.

Companies Mentioned:

   * Allegheny Technologies
   * Angang Steel Company Limited
   * Arcelormittal
   * China Steel Corporation
   * Citic
   * Essar Steel
   * Gerdau S.A.
   * Hadeed Saudi Iron & Steel Company
   * Hebei Puyong Steel Group
   * Hyundai Steel Co., Ltd
   * Jfe Steel Corporation
   * Jiangsu Shagang International Trade Co., Ltd.
   * JSW Steel
   * Metinvest Holding Llc
   * Nippon Steel & Sumitomo Metal Corporation
   * Novolipetsk Steel (NLMK)
   * (10+ Others)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Flat Steel Market, by Type

8 Flat Steel Market, by End User

9 Regional Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/g5kjcs/flat_steel_market
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Source:businesswire.com

 

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