Market Overview:
The global AR steel plate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for AR steel plates from various end-use industries, such as construction industry, mining equipment industry, and others. In terms of type, the global AR steel plate market is segmented into under HBW 400, 400 HBW, 450 HBW 500HBW and above HBW 500 segments. The under HBW 400 segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for low-cost and lightweight AR steel plates from various end-use industries in developing countries across Asia Pacific and Latin America regions.
Product Definition:
An AR steel plate is a type of steel that has been specifically treated to resist corrosion. This treatment, known as anodizing, creates a thin layer of oxide on the surface of the metal that helps to protect it from rust and other forms of decay. An AR steel plate can be used in a variety of applications where durability and resistance to corrosion are important factors, such as in construction or maritime settings.
Under HBW 400:
Under HBW 400, it's usage and growth factor in AR steel plate market? Under High-Beta Wheeling (HBW) 400, there is a significant amount of carbon present in the form of carbides. The higher the value, the better is its quality. It has been used for many years as a source for producing high-quality steel plates with superior properties such as wear resistance and hardness by carburizing or hardening them at elevated temperatures.
400 HB:
400 HB is a type of steel that contains about 40% to 50% carbon content. It has high tensile strength and low yield point. The material is used in the manufacturing of AR-15 receivers, which are further utilized by defense contractors, law enforcement agencies, and other end users.
400HB steel plate price depends on its quality (lean or fat), size (length & width), shape, annealing/tempering treatment and coating type among others.
Application Insights:
The construction industry accounted for a volume share of over 30% in 2017. The global demand for steel has witnessed a paradigm shift due to the development of infrastructure and rise in building & construction activities across the world. Various governments have made initiatives towards this end, such as G-20¢â‚¬â„¢s 2016 resolution to promote investments worth USD 100 trillion by 2030 from 2010, which is expected to boost the growth of the construction industry globally.
In addition, various organizations have also called for increased use of recyclable materials in order to reduce environmental impact and increase sustainability. Recycled materials are typically used where wood or concrete are traditionally used because they are stronger than other materials such as glass or aluminum composite material (ACM). This factor is expected to drive product demand from 2018 to 2030 globally owing ar steel plate mainly for use in bridges & buildings segment over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing infrastructure activities in the region. In addition, rising demand for transportation equipment such as ships and aircrafts is expected to drive industry growth over the forecast period.
The construction industry in Asia Pacific has witnessed significant growth over the past few years on account of increasing urbanization, which has led to an increase in residential constructions as well as non-residential buildings such as hospitals, schools, colleges etc., thereby driving steel plate demand. The growing manufacturing sector supported by low labor costs along with easy access of raw materials is expected favorably impact industry growth over the next eight years.
North America accounted for 24% share of global revenue in 2017 on account of high product utilization across applications including bridges.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rising demand for AR steel plates from the automotive sector
- Growing use of AR steel plates in shipbuilding and marine applications
- Increasing adoption of AR steel plates in energy projects
- Proliferation of advanced manufacturing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
AR Steel Plate Market Research Report
By Type
Under HBW 400, 400 HB, 450 HB, 500 HB, Above HBW 500
By Application
Construction Industry, Mining Equipment Industry, Other
By Companies
SSAB, JFE, ThyssenKrupp, ESSAR Steel Algoma, Dillinger, NSSMC, NLMK Clabecq, Bisalloy, ArcelorMittal, Acroni, Bisalloy Jigang, Salzgitter, Baowu Group, NanoSteel, ANSTEEL, WUYANG Steel, TISCO
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global AR Steel Plate Market Report Segments:
The global AR Steel Plate market is segmented on the basis of:
Types
Under HBW 400, 400 HB, 450 HB, 500 HB, Above HBW 500
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
Construction Industry, Mining Equipment Industry, Other
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:
- SSAB
- JFE
- ThyssenKrupp
- ESSAR Steel Algoma
- Dillinger
- NSSMC
- NLMK Clabecq
- Bisalloy
- ArcelorMittal
- Acroni
- Bisalloy Jigang
- Salzgitter
- Baowu Group
- NanoSteel
- ANSTEEL
- WUYANG Steel
- TISCO
Highlights of The AR Steel Plate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Under HBW 400
- 400 HB
- 450 HB
- 500 HB
- Above HBW 500
- By Application:
- Construction Industry
- Mining Equipment Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the AR Steel Plate 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AR Steel Plate is a type of steel that has been treated with a hardening agent, such as nitriding or carbide. This treatment makes the steel more resistant to wear and tear, making it ideal for use in applications where durability is important, such as in construction or industrial equipment.
Some of the key players operating in the ar steel plate market are SSAB, JFE, ThyssenKrupp, ESSAR Steel Algoma, Dillinger, NSSMC, NLMK Clabecq, Bisalloy, ArcelorMittal, Acroni, Bisalloy Jigang, Salzgitter, Baowu Group, NanoSteel, ANSTEEL, WUYANG Steel, TISCO.
The ar steel plate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 AR Steel Plate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 AR Steel Plate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 AR Steel Plate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the AR Steel Plate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global AR Steel Plate Market Size & Forecast, 2018-2028
4.5.1 AR Steel Plate Market Size and Y-o-Y Growth
4.5.2 AR Steel Plate Market Absolute $ Opportunity
Chapter 5 Global AR Steel Plate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 AR Steel Plate Market Size Forecast by Type
5.2.1 Under HBW 400
5.2.2 400 HB
5.2.3 450 HB
5.2.4 500 HB
5.2.5 Above HBW 500
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global AR Steel Plate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 AR Steel Plate Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Mining Equipment Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global AR Steel Plate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 AR Steel Plate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America AR Steel Plate Analysis and Forecast
9.1 Introduction
9.2 North America AR Steel Plate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America AR Steel Plate Market Size Forecast by Type
9.6.1 Under HBW 400
9.6.2 400 HB
9.6.3 450 HB
9.6.4 500 HB
9.6.5 Above HBW 500
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America AR Steel Plate Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Mining Equipment Industry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe AR Steel Plate Analysis and Forecast
10.1 Introduction
10.2 Europe AR Steel Plate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe AR Steel Plate Market Size Forecast by Type
10.6.1 Under HBW 400
10.6.2 400 HB
10.6.3 450 HB
10.6.4 500 HB
10.6.5 Above HBW 500
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe AR Steel Plate Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Mining Equipment Industry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific AR Steel Plate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific AR Steel Plate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific AR Steel Plate Market Size Forecast by Type
11.6.1 Under HBW 400
11.6.2 400 HB
11.6.3 450 HB
11.6.4 500 HB
11.6.5 Above HBW 500
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific AR Steel Plate Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Mining Equipment Industry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America AR Steel Plate Analysis and Forecast
12.1 Introduction
12.2 Latin America AR Steel Plate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America AR Steel Plate Market Size Forecast by Type
12.6.1 Under HBW 400
12.6.2 400 HB
12.6.3 450 HB
12.6.4 500 HB
12.6.5 Above HBW 500
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America AR Steel Plate Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Mining Equipment Industry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) AR Steel Plate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) AR Steel Plate Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) AR Steel Plate Market Size Forecast by Type
13.6.1 Under HBW 400
13.6.2 400 HB
13.6.3 450 HB
13.6.4 500 HB
13.6.5 Above HBW 500
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) AR Steel Plate Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Mining Equipment Industry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 AR Steel Plate Market: Competitive Dashboard
14.2 Global AR Steel Plate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SSAB
14.3.2 JFE
14.3.3 ThyssenKrupp
14.3.4 ESSAR Steel Algoma
14.3.5 Dillinger
14.3.6 NSSMC
14.3.7 NLMK Clabecq
14.3.8 Bisalloy
14.3.9 ArcelorMittal
14.3.10 Acroni
14.3.11 Bisalloy Jigang
14.3.12 Salzgitter
14.3.13 Baowu Group
14.3.14 NanoSteel
14.3.15 ANSTEEL
14.3.16 WUYANG Steel
14.3.17 TISCO
