Market Overview:
The global hot-dip galvanizing for automotive market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for automobiles, especially passenger cars and commercial vehicles, across the globe. Additionally, rising awareness about the benefits of hot-dip galvanizing among automakers and suppliers is also propelling the growth of this market. On the basis of type, steel strip dominates the global hot-dip galvanizing for automotive market with a share of more than XX%. This can be attributed to its high strength-to-weight ratio as well as corrosion resistance properties compared to other types of steel such as sheet or plate steel. By application, commercial vehicle accounts for a major share in terms of revenue in this market followed by passenger car segment. The dominance can be attributed to increasing demand for commercial vehicles from transportation sector coupled with stringent emission norms across different regions worldwide.
Product Definition:
A process of coating a piece of steel with zinc by immersion in molten zinc. The hot-dip galvanizing process can provide a corrosion-resistant finish that will last for many years.
Steel Strip:
Steel strip is a thin, flat piece of metal. It can be from 1mm to 300mm wide and any length. The most common types of steel strips are mild steel, galvanized steel and stainless steel. They are used in various applications such as roofing, flooring & walling, door handles & frames (inclined), window blinds & shutters (vertical), fencing (galvanized) and hot-dip galvanizing for automotive industry.
Steel Plate:
The steel plate is a thin, flat piece of metal that is used in the process of hot-dip galvanizing for automotive. The steel plate plays an important role in the overall Galvanization process. It acts as a substrate on which the zinc coating is applied and then it gets dried up to become solid.
Application Insights:
The commercial vehicle segment led the global hot-dip galvanizing for automotive market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to increasing demand from construction and infrastructure projects, such as railway networks, roads and bridges across various regions including Asia Pacific and Middle East & Africa. In addition, demand from commercial vehicles is also increasing due to rising disposable income among consumers in developing countries including China India etc., which will further propel industry growth over the forecast period.
Passenger car application segment is expected to witness significant growth during the forecast period owing to growing consumer preference towards high-end passenger cars with customized designs that require different types of coatings for protection against corrosion and oxidation caused by exposure to elements such as moisture air pollution etc., while driving through harsh environmental conditions such as rain snow etc.
Regional Analysis:
Asia Pacific was the largest regional hot-dip galvanizing for automotive market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global hot-dip Galvanizing for Automotive Market by Type, By Application, And Region from 2018 to 2030. This growth can be attributed to increasing automobile production in countries such as India, China and Japan coupled with rising per capita income levels in these countries.
The Asia Pacific region is characterized by high steel production volumes owing to growing demand from end-use industries such as construction and transportation infrastructure. In addition, rising investments from governments across various Asian countries are anticipated to fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand for automobiles due to population growth and rising income levels in developing countries
- Stringent emission norms by regulatory authorities across the globe
- Shift towards lightweight vehicles to improve fuel efficiency
- Growing popularity of electric and hybrid vehicles
- Increased use of galvanized components in automotive applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot-Dip Galvanizing for Automotive Market Research Report
By Type
Steel Strip, Steel Plate
By Application
Commercial Vehicle, Passenger Car
By Companies
Nucor, Steel Dynamics, POSCO, Severstal, Nippon Steel, NLMK, thyssenkrupp, Voestalpine, ArcelorMittal, JSW Steel, Baowu, Angang Steel, Danieli
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Hot-Dip Galvanizing for Automotive Market Report Segments:
The global Hot-Dip Galvanizing for Automotive market is segmented on the basis of:
Types
Steel Strip, Steel Plate
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
Commercial Vehicle, Passenger Car
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:
- Nucor
- Steel Dynamics
- POSCO
- Severstal
- Nippon Steel
- NLMK
- thyssenkrupp
- Voestalpine
- ArcelorMittal
- JSW Steel
- Baowu
- Angang Steel
- Danieli
Highlights of The Hot-Dip Galvanizing for Automotive 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 Strip
- Steel Plate
- By Application:
- Commercial Vehicle
- Passenger Car
- 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 Hot-Dip Galvanizing for Automotive 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
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- 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?
Hot-dip galvanizing is a process of coating metal parts with a layer of zinc that is heated until it becomes liquid and then sprayed onto the part. The heat from the galvanizing process causes the zinc to bond to the metal, creating a durable finish.
Some of the major companies in the hot-dip galvanizing for automotive market are Nucor, Steel Dynamics, POSCO, Severstal, Nippon Steel, NLMK, thyssenkrupp, Voestalpine, ArcelorMittal, JSW Steel, Baowu, Angang Steel, Danieli.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot-Dip Galvanizing for Automotive 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 Hot-Dip Galvanizing for Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot-Dip Galvanizing for Automotive 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 Hot-Dip Galvanizing for Automotive 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 Hot-Dip Galvanizing for Automotive Market Size & Forecast, 2020-2028
4.5.1 Hot-Dip Galvanizing for Automotive Market Size and Y-o-Y Growth
4.5.2 Hot-Dip Galvanizing for Automotive Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Steel Strip
5.2.2 Steel Plate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot-Dip Galvanizing for Automotive 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 Hot-Dip Galvanizing for Automotive 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Steel Strip
9.6.2 Steel Plate
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 Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Car
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Steel Strip
10.6.2 Steel Plate
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 Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Car
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Steel Strip
11.6.2 Steel Plate
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 Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Car
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Steel Strip
12.6.2 Steel Plate
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 Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Car
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Steel Strip
13.6.2 Steel Plate
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) Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Car
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 Hot-Dip Galvanizing for Automotive Market: Competitive Dashboard
14.2 Global Hot-Dip Galvanizing for Automotive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nucor
14.3.2 Steel Dynamics
14.3.3 POSCO
14.3.4 Severstal
14.3.5 Nippon Steel
14.3.6 NLMK
14.3.7 thyssenkrupp
14.3.8 Voestalpine
14.3.9 ArcelorMittal
14.3.10 JSW Steel
14.3.11 Baowu
14.3.12 Angang Steel
14.3.13 Danieli
