Market Overview:
The global galvanized steel sheet 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 galvanized steel sheets from various end-use industries, such as construction, automotive, general industrial, transport and others. In terms of type, the hot dip galvanized steel sheet segment is expected to dominate the market during the forecast period owing to its properties such as corrosion resistance and durability. In terms of region, Asia Pacific is projected to be one of the fastest growing markets for galvanized steel sheets during 2018-2030 due to rapid industrialization and urbanization in countries such as China and India.
Product Definition:
Galvanized steel sheet is a type of metal that has been covered in zinc. The zinc helps to protect the metal from corrosion and rust. This makes galvanized steel sheet an ideal material for use in a variety of applications, such as roofing, siding, and fencing.
Hot Dip Galvanized Steel Sheet:
Hot dip galvanized steel sheet is a product of hot-dipped galvanization process. It has the advantages such as high corrosion resistance, excellent water resistance and also it can be used in extreme environments. The major application of this product is for roofing systems, which are expected to grow at a significant rate on account of increasing infrastructural activities across the globe.
The global Galvanized Steel Sheet market size was valued at USD 6,48 billion in 2016.
Electro Galvanized Steel Sheet:
The galvanized steel sheet is coated with a layer of zinc before the metal is sent for processing. The primary function of electro galvanized steel sheet is to protect the base metal from corrosion. It does this by creating an electric field around its perimeter which prevents water, oxygen or other substances that are drawn to it from reaching the base metal.
It has certain advantages over chromium and nickel-based protective coatings as it protects against both acidic and basic solutions equally well.
Application Insights:
The construction application segment accounted for the largest volume share of over 40% in 2017. The use of galvanized steel sheets in the construction industry is expected to witness significant growth on account of its ability to resist corrosion and withstand harsh environments. Galvanized steel sheets are used for architectural structures, such as roofs, gables, walls & ceilings, canopies & awnings, porches & walkways among others.
The automotive application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for lightweight vehicles that require minimal maintenance and high strength materials for manufacturing body panels and other components. In addition, increasing production levels across various vehicle models by major manufacturers including Ford Motor Company; General Motors Company; Toyota Motor Corporation; Volkswagen AG; Hyundai Motor Co.; Kia Motors America Inc.; Nissan North America Inc.; Mitsubishi Heavy Industrial Limited among others will drive the demand further over the forecast period.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 45%. The region is anticipated to continue its dominance over the forecast period. This can be attributed to increasing infrastructure development activities coupled with rising automotive production in countries such as China, India, Japan and South Korea. In addition, growing construction activities due to increasing urbanization is also expected to drive product demand further.
The Asia Pacific market was followed by Europe which accounted for a revenue share of more than 25% in 2017 owing to high consumption levels of steel sheets across several industries including construction, automotive and others. The growth can be attributed primarily to Germany which consumed around 7 million tons of galvanized steel sheet annually during 2016-2017 period from their massive manufacturing sector comprising automobiles amongst others. Other major consuming countries include France (4 million tons), Italy (3 million tons) and Poland (2 million tons).
North America emerged as the third largest consumer with U.S.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising demand for galvanized steel sheets in automotive sector
- Growing use of galvanized steel sheets in electrical and electronics industry
- Rising popularity of galvanized steel sheets as a sustainable building material
- Technological advancements that have led to the development of new applications for galvanized steel sheet
Scope Of The Report
Report Attributes
Report Details
Report Title
Galvanized Steel Sheet Market Research Report
By Type
Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet
By Application
Construction, Automotive, General Industrial, Transport, Others
By Companies
Nippon Steel and Sumitomo Metal, Hesteel Group, Hyundai Steel, JFE Steel Corporation, Shougang, Ansteel Group, Gerdau, Nippon Steel and Sumitomo Metal
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Galvanized Steel Sheet Market Report Segments:
The global Galvanized Steel Sheet market is segmented on the basis of:
Types
Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet
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, General Industrial, Transport, 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:
- Nippon Steel and Sumitomo Metal
- Hesteel Group
- Hyundai Steel
- JFE Steel Corporation
- Shougang
- Ansteel Group
- Gerdau
- Nippon Steel and Sumitomo Metal
Highlights of The Galvanized Steel Sheet 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:
- Hot Dip Galvanized Steel Sheet
- Electro Galvanized Steel Sheet
- By Application:
- Construction
- Automotive
- General Industrial
- Transport
- 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 Galvanized Steel Sheet 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
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?
Galvanized steel sheet is a type of steel that has been treated with a galvanizing agent. The purpose of galvanizing is to protect the metal from corrosion.
Some of the key players operating in the galvanized steel sheet market are Nippon Steel and Sumitomo Metal, Hesteel Group, Hyundai Steel, JFE Steel Corporation, Shougang, Ansteel Group, Gerdau, Nippon Steel and Sumitomo Metal.
The galvanized steel sheet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Galvanized Steel Sheet 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 Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size & Forecast, 2018-2028 4.5.1 Galvanized Steel Sheet Market Size and Y-o-Y Growth 4.5.2 Galvanized Steel Sheet Market Absolute $ Opportunity
Chapter 5 Global Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Type
5.2.1 Hot Dip Galvanized Steel Sheet
5.2.2 Electro Galvanized Steel Sheet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 General Industrial
6.2.4 Transport
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Galvanized Steel Sheet 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 Galvanized Steel Sheet 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 Galvanized Steel Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Type
9.6.1 Hot Dip Galvanized Steel Sheet
9.6.2 Electro Galvanized Steel Sheet
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 Galvanized Steel Sheet Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 General Industrial
9.10.4 Transport
9.10.5 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 Galvanized Steel Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Type
10.6.1 Hot Dip Galvanized Steel Sheet
10.6.2 Electro Galvanized Steel Sheet
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 Galvanized Steel Sheet Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 General Industrial
10.10.4 Transport
10.10.5 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 Galvanized Steel Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Type
11.6.1 Hot Dip Galvanized Steel Sheet
11.6.2 Electro Galvanized Steel Sheet
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 Galvanized Steel Sheet Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 General Industrial
11.10.4 Transport
11.10.5 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 Galvanized Steel Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Galvanized Steel Sheet 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 Galvanized Steel Sheet Market Size Forecast by Type
12.6.1 Hot Dip Galvanized Steel Sheet
12.6.2 Electro Galvanized Steel Sheet
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 Galvanized Steel Sheet Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 General Industrial
12.10.4 Transport
12.10.5 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) Galvanized Steel Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Galvanized Steel Sheet 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) Galvanized Steel Sheet Market Size Forecast by Type
13.6.1 Hot Dip Galvanized Steel Sheet
13.6.2 Electro Galvanized Steel Sheet
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) Galvanized Steel Sheet Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 General Industrial
13.10.4 Transport
13.10.5 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 Galvanized Steel Sheet Market: Competitive Dashboard
14.2 Global Galvanized Steel Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Steel and Sumitomo Metal
14.3.2 Hesteel Group
14.3.3 Hyundai Steel
14.3.4 JFE Steel Corporation
14.3.5 Shougang
14.3.6 Ansteel Group
14.3.7 Gerdau
14.3.8 Nippon Steel and Sumitomo Metal