Market Overview:
The global cold-formed steel (CFS) 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 CFS from various end-use industries, such as construction, automotive, appliances, and machinery parts. Cold-formed steel is extensively used in these industries owing to its properties such as high strength-to-weight ratio and formability. In addition, the growing awareness about the benefits of using cold-formed steel over traditional materials is also contributing to the growth of this market. Based on type, the global cold-formed steel (CFS) market can be segmented into sheet metal, strip metal, plate metal and flat bar metal. Among these segments, sheet metal held a dominant share in 2017 and is expected to maintain its lead during the forecast period. This can be attributed to its wide range of applications across various end-use industries.
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Product Definition:
Cold-formed steel (CFS) is a type of steel that is formed at ambient temperature. It is commonly used in construction because it is strong and lightweight.
Steel Sheet:
Steel sheet is a thin metal plate, which is produced in numerous shapes and sizes. It can be cold-formed using various processes depending upon the requirements. The most commonly used process for producing steel sheets is the hot forming process. In this process, steel ingots are heated to their melting point and then rolled into shape by means of a die or an electric current.
Strip:
Strip is a thin layer of metal that is used in the processing of cold-formed steel. It helps to smooth out wrinkles and provide uniformity in the final product. The most common types of strips are mild steel, aluminum, and copper alloys.
The global CFS market has witnessed significant growth over the past few years on account increasing demand from construction industry across major economies globally including U.S.
Application Insights:
The construction application segment led the global market and accounted for more than 45.0% share of the overall revenue in 2017. The growth of this segment is attributed to increasing urbanization, which has resulted in an increased demand for residential and commercial buildings across various regions, including Asia Pacific, North America, and Europe. In addition to this increase in demand from traditional markets such as U.K., Germany, China etc., the industry also flourishes with growing migration towards developing economies such as India & Brazil due to higher pay packages offered by construction companies there resulting in a high rate of employment generation over a period of time (revenue-based).
The automotive sector is expected to emerge as one of the prominent applications over the forecast period owing to rapid industrialization along with population growth that has resulted in an increased need for vehicles across various regions including Asia Pacific.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, urbanization, and economic growth in emerging countries such as China, India, Indonesia, Vietnam among others. In addition cold-formed steel application segment including construction industry has witnessed significant growth due to increasing demand for residential buildings which requires large scale production of structural steel products such as flooring systems and roofing tiles among others.
Europe was the second largest regional market accounting for 27% share of global revenue in 2017 on account of high product utilization across major economies including Germany (automotive), Italy (machinery parts), U.K.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and appliances
- Rising popularity of prefabricated buildings and components
- Growing use of CFS in green building construction projects
- Technological advancements that have made CFS products more durable and efficient
- Government initiatives to promote the use of cold-formed steel in various infrastructure projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Cold-formed Steel (CFS) Market Research Report
By Type
Steel Sheet, Strip, Plate, Flat Bar
By Application
Construction, Automotive, Appliances, Machinery Parts, Industrial, Others
By Companies
ArcelorMittal, ThyssenKrupp, RUUKKI, Tata Steel, BlueScope, Barclay & Mathieson, Safal Group, Baosteel, HBIS, FrameTech Systems, ArcelorMittal, OEG Building Materials, Shanghai Metal, Telling Industries
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Cold-formed Steel (CFS) Market Report Segments:
The global Cold-formed Steel (CFS) market is segmented on the basis of:
Types
Steel Sheet, Strip, Plate, Flat Bar
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, Automotive, Appliances, Machinery Parts, Industrial, 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:
- ArcelorMittal
- ThyssenKrupp
- RUUKKI
- Tata Steel
- BlueScope
- Barclay & Mathieson
- Safal Group
- Baosteel
- HBIS
- FrameTech Systems
- ArcelorMittal
- OEG Building Materials
- Shanghai Metal
- Telling Industries
 Market Overview.svg)
Highlights of The Cold-formed Steel (CFS) 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:
- Steel Sheet
- Strip
- Plate
- Flat Bar
- By Application:
- Construction
- Automotive
- Appliances
- Machinery Parts
- Industrial
- Others
- 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 Cold-formed Steel (CFS) 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
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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?
CFS is a type of steel that is formed by cold rolling. This process causes the metal to be shaped into thin sheets that are then heated and pressed into objects. CFS is often used in construction because it's strong and can withstand a lot of wear and tear.
Some of the key players operating in the cold-formed steel (cfs) market are ArcelorMittal, ThyssenKrupp, RUUKKI, Tata Steel, BlueScope, Barclay & Mathieson, Safal Group, Baosteel, HBIS, FrameTech Systems, ArcelorMittal, OEG Building Materials, Shanghai Metal, Telling Industries.
The cold-formed steel (cfs) 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 Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size & Forecast, 2018-2028
4.5.1 Cold-formed Steel (CFS) Market Size and Y-o-Y Growth
4.5.2 Cold-formed Steel (CFS) Market Absolute $ Opportunity
Chapter 5 Global Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Type
5.2.1 Steel Sheet
5.2.2 Strip
5.2.3 Plate
5.2.4 Flat Bar
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Appliances
6.2.4 Machinery Parts
6.2.5 Industrial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Analysis and Forecast
9.1 Introduction
9.2 North America Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Type
9.6.1 Steel Sheet
9.6.2 Strip
9.6.3 Plate
9.6.4 Flat Bar
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 Cold-formed Steel (CFS) Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Appliances
9.10.4 Machinery Parts
9.10.5 Industrial
9.10.6 Others
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 Cold-formed Steel (CFS) Analysis and Forecast
10.1 Introduction
10.2 Europe Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Type
10.6.1 Steel Sheet
10.6.2 Strip
10.6.3 Plate
10.6.4 Flat Bar
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 Cold-formed Steel (CFS) Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Appliances
10.10.4 Machinery Parts
10.10.5 Industrial
10.10.6 Others
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 Cold-formed Steel (CFS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Type
11.6.1 Steel Sheet
11.6.2 Strip
11.6.3 Plate
11.6.4 Flat Bar
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 Cold-formed Steel (CFS) Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Appliances
11.10.4 Machinery Parts
11.10.5 Industrial
11.10.6 Others
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 Cold-formed Steel (CFS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Cold-formed Steel (CFS) 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 Cold-formed Steel (CFS) Market Size Forecast by Type
12.6.1 Steel Sheet
12.6.2 Strip
12.6.3 Plate
12.6.4 Flat Bar
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 Cold-formed Steel (CFS) Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Appliances
12.10.4 Machinery Parts
12.10.5 Industrial
12.10.6 Others
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) Cold-formed Steel (CFS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cold-formed Steel (CFS) 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) Cold-formed Steel (CFS) Market Size Forecast by Type
13.6.1 Steel Sheet
13.6.2 Strip
13.6.3 Plate
13.6.4 Flat Bar
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) Cold-formed Steel (CFS) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Appliances
13.10.4 Machinery Parts
13.10.5 Industrial
13.10.6 Others
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 Cold-formed Steel (CFS) Market: Competitive Dashboard
14.2 Global Cold-formed Steel (CFS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 ThyssenKrupp
14.3.3 RUUKKI
14.3.4 Tata Steel
14.3.5 BlueScope
14.3.6 Barclay & Mathieson
14.3.7 Safal Group
14.3.8 Baosteel
14.3.9 HBIS
14.3.10 FrameTech Systems
14.3.11 ArcelorMittal
14.3.12 OEG Building Materials
14.3.13 Shanghai Metal
14.3.14 Telling Industries
