Steel flat rolled products are made of steel and these products have flat surfaces instead of grooved faces.
The rapid increase in industrialization and development in APAC countries like India, China, and South Korea will boost the demand for steel flat-rolled products globally. For instance, the construction market in China is expected to grow to nearly USD 2.5 trillion by 2019. Since flat-rolled products find extensive applications in the construction of internal walls, cladding, and purlins, the growth in the construction sector will translate into the demand for steel flat-rolled products until the end of 2023. Moreover, the rapid urbanization, substantial investments in the infrastructure sector, and the banning of iron-ore mining in India are expected to the drive the market for steel flat-rolled products over the forecast period.
The extensive applications of steel in the construction industry is expected to continue to propel the prospects of growth of this market during the forecast period. Steel is the most important engineering material, but its production is an extremely energy-intensive process. The recent technological advancements and extensive research and development has reduced the energy consumption and will eventually lead to the reduction in the emission of greenhouse gasses. Therefore, the use of steel as a sustainable material is expected to aid in the growth of the steel flat-rolled products market until the end of 2023.
The report comprises of key players profiles namely consignment, price, revenue, profit interview records and sources of distribution. It helps clients get a better analysis of their competitors. In addition, it encompasses the regions and countries across the world and depicts the regional outlook, market size, volume, value and price data.
The Steel Flat-Rolled Products market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
In global market, the following companies are covered:
ArcelorMittal
JFE Steel
NSSMC
POSCO
Shanghai Baosteel Group
United States Steel
...
Market Segment by Product Type:
Cold Rolled Coils
Hot Rolled Coils
Slab
Coated Steel Products
Others
Market Segment by Application
Construction
Infrastructure and Transport
Automobile
Consumer Goods
Packaging
Defense
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 research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Steel Flat-Rolled Products market for the forecast period 2020 - 2025?
• What are the driving forces in the Steel Flat-Rolled Products market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Steel Flat-Rolled Products industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?