Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Flat Steel Market by Type (Sheets & Strips, Plates), By Application (Building & Infrastructure, Automotive & Other Transport, Mechanical Equipment, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Flat Steel Market by Type (Sheets & Strips, Plates), By Application (Building & Infrastructure, Automotive & Other Transport, Mechanical Equipment, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137345 3300 Chemical & Material 377 236 Pages 4.7 (43)
                                          

Market Overview:


The global flat steel market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for flat steel from various end-use industries such as automotive, building & infrastructure, and mechanical equipment. Asia Pacific is expected to be the fastest growing region in the global flat steel market during the forecast period owing to rapid industrialization and urbanization in countries such as China and India.


Global Flat Steel Industry Outlook


Product Definition:


Flat steel is a type of low-carbon steel that has been flattened and stretched into a thin sheet. It is often used in construction, automotive manufacturing, and other industrial applications. Flat steel is strong and durable, and it can be easily formed into various shapes.


Sheets & Strips:


Sheets & strips are two types of steel shapes that are produced in large quantities by the basic process of hot cutting. They have a wide range of applications including construction, automotive and packaging industries. The growth factor for sheets & strips is their usage as a substitute to metal components which can be manufactured from low cost raw materials such as iron ore pellets or coiled sheet.


Plates:


Plates are used in the flat steel market to produce various shapes and sizes of products such as angles, channels, flats, rounds and others. The plates have a large surface area which allows for faster processing when compared to other metal sheets. Also the plate can be heated up to much higher temperature than sheet metal without any risk of it getting distorted or melted.


Application Insights:


Building and infrastructure was the largest application segment in 2017, accounting for a volume share of 49.3%. The global flat steel market is expected to witness significant growth on account of rising construction activities across various regions, including Asia Pacific, Central and South America, and Middle East & Africa. In addition, increasing urbanization in developing countries is likely to contribute significantly towards the demand for buildings over the forecast period.


The automotive industry requires large quantities of flat products that can be easily manufactured into components required by automakers for manufacturing cars or trucks.


Regional Analysis:


Asia Pacific dominated the global flat steel market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to increasing demand from end-use industries, such as building & construction, automotive, machinery and others. China is projected to remain a key consumer and producer of flat products across the globe due to availability of low-cost labor force coupled with high domestic demand for construction materials.


The Middle East & Africa region is anticipated to grow at an exponential rate over the forecast period owing to rising investments by foreign players along with government support towards development of manufacturing sector in countries like Saudi Arabia and UAE. In addition, growing population coupled with rapid urbanization will drive infrastructure development which will further propel product consumption across various applications including building & construction industry as well as automotive sector thereby driving regional growth over next eight years.


Growth Factors:


  • Increasing demand from the automotive and construction industries
  • Growing use of flat steel in manufacturing lightweight vehicles and appliances
  • Rising investments in infrastructure development projects
  • Proliferation of online retail platforms that are boosting sales of consumer goods
  • Technological advancements that are making steel production more efficient

Scope Of The Report

Report Attributes

Report Details

Report Title

Flat Steel Market Research Report

By Type

Sheets & Strips, Plates

By Application

Building & Infrastructure, Automotive & Other Transport, Mechanical Equipment, Others

By Companies

United Steel, Nippon, Essar, Tata, Hyundai, POSCO, SSAB, Arcelor Mittal, Voestalpine, ThyssenKrupp

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

236

Number of Tables & Figures

166

Customization Available

Yes, the report can be customized as per your need.


Global Flat Steel Market Report Segments:

The global Flat Steel market is segmented on the basis of:

Types

Sheets & Strips, Plates

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Building & Infrastructure, Automotive & Other Transport, Mechanical Equipment, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. United Steel
  2. Nippon
  3. Essar
  4. Tata
  5. Hyundai
  6. POSCO
  7. SSAB
  8. Arcelor Mittal
  9. Voestalpine
  10. ThyssenKrupp

Global Flat Steel Market Overview


Highlights of The Flat Steel Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Sheets & Strips
    2. Plates
  1. By Application:

    1. Building & Infrastructure
    2. Automotive & Other Transport
    3. Mechanical Equipment
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Flat Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Flat Steel Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Flat steel is a type of steel that has been flattened or thinned out so that it can be easily cut and shaped. It is often used for things like roofing, railings, and other structural components.

Some of the major players in the flat steel market are United Steel, Nippon, Essar, Tata, Hyundai, POSCO, SSAB, Arcelor Mittal, Voestalpine, ThyssenKrupp.

The flat steel market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Flat Steel Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Flat Steel Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Flat Steel Market - Supply Chain
   4.5. Global Flat Steel Market Forecast
      4.5.1. Flat Steel Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Flat Steel Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Flat Steel Market Absolute $ Opportunity

5. Global Flat Steel Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Flat Steel Market Size and Volume Forecast by Type
      5.3.1. Sheets & Strips
      5.3.2. Plates
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Flat Steel Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Flat Steel Market Size and Volume Forecast by Application
      6.3.1. Building & Infrastructure
      6.3.2. Automotive & Other Transport
      6.3.3. Mechanical Equipment
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Flat Steel Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Flat Steel Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Flat Steel Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Flat Steel Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Flat Steel Demand Share Forecast, 2019-2029

9. North America Flat Steel Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Flat Steel Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Flat Steel Market Size and Volume Forecast by Application
      9.4.1. Building & Infrastructure
      9.4.2. Automotive & Other Transport
      9.4.3. Mechanical Equipment
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Flat Steel Market Size and Volume Forecast by Type
      9.7.1. Sheets & Strips
      9.7.2. Plates
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Flat Steel Demand Share Forecast, 2019-2029

10. Latin America Flat Steel Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Flat Steel Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Flat Steel Market Size and Volume Forecast by Application
      10.4.1. Building & Infrastructure
      10.4.2. Automotive & Other Transport
      10.4.3. Mechanical Equipment
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Flat Steel Market Size and Volume Forecast by Type
      10.7.1. Sheets & Strips
      10.7.2. Plates
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Flat Steel Demand Share Forecast, 2019-2029

11. Europe Flat Steel Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Flat Steel Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Flat Steel Market Size and Volume Forecast by Application
      11.4.1. Building & Infrastructure
      11.4.2. Automotive & Other Transport
      11.4.3. Mechanical Equipment
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Flat Steel Market Size and Volume Forecast by Type
      11.7.1. Sheets & Strips
      11.7.2. Plates
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Flat Steel Demand Share, 2019-2029

12. Asia Pacific Flat Steel Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Flat Steel Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Flat Steel Market Size and Volume Forecast by Application
      12.4.1. Building & Infrastructure
      12.4.2. Automotive & Other Transport
      12.4.3. Mechanical Equipment
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Flat Steel Market Size and Volume Forecast by Type
      12.7.1. Sheets & Strips
      12.7.2. Plates
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Flat Steel Demand Share, 2019-2029

13. Middle East & Africa Flat Steel Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Flat Steel Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Flat Steel Market Size and Volume Forecast by Application
      13.4.1. Building & Infrastructure
      13.4.2. Automotive & Other Transport
      13.4.3. Mechanical Equipment
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Flat Steel Market Size and Volume Forecast by Type
      13.7.1. Sheets & Strips
      13.7.2. Plates
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Flat Steel Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Flat Steel Market: Market Share Analysis
   14.2. Flat Steel Distributors and Customers
   14.3. Flat Steel Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. United Steel
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Nippon
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Essar
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Tata
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Hyundai
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. POSCO
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. SSAB
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Arcelor Mittal
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Voestalpine
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. ThyssenKrupp
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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