Market Overview:
The global hull structural 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 ships, especially tankers, bulk carriers, container ships and chemical ships. In terms of type, general strength ship plates are expected to dominate the market during the forecast period owing to their low cost and high durability. However, high strength ship plates are expected to grow at a higher CAGR due to their increased resistance against wear and tear as well as corrosion.
Product Definition:
Hull structural steel plate is a kind of hot rolled steel sheet and coil, which has the good weldability and formability. It is mainly used in the manufacture of hull, ship body structure, offshore platform, etc.
General Strength Ship Plate:
This plate is manufactured from high strength steel and has the ability to withstand high impact forces. It can also sustain a large amount of weight on its surface without being damaged. The material used in the manufacturing of these plates is selected based on various factors such as corrosion resistance, ductility, yield strength, hardness, malleability and cost among others.
The selection of suitable steel for making general strength ship plate depends upon properties that are required in a particular structure or application.
High Strength Ship Plate:
The global high strength ship plate and it's usage in hull structural steel plate market size was valued at USD 8,867.1 million in 2016. The increasing demand for large capacity cargo ships on account of the rising trade activities across the globe is expected to drive industry growth over the forecast period.
China accounted for a major share of global production owing to low cost and abundant availability of raw materials coupled with mass production techniques adopted by Chinese manufacturers.
Application Insights:
The tankers application segment held the largest market share of over 30% in 2017. The demand for hull structural steel plates in this application is expected to witness growth on account of the rising requirement for oil-tanker fleet by various companies. Moreover, growing investments by companies such as Royal Dutch Shell and Repsol are likely to boost product demand further.
The bulk carriers segment is anticipated to grow at a CAGR of XX% from 2018 to 2030 owing to an increase in the number of liner shipping activities across major economies globally, which will drive product consumption over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, and Japan. Increasing trade activities between these countries are anticipated to boost demand for general strength steel plates in this region.
The Europe market was valued at USD X billion in 2017 and is projected to witness a CAGR of XX% from 2018 to 2030 owing high economic growths across several European countries including Germany, France, Italy, Spain among others which are major consumers of hull structural steel plate products due high importance they give towards maritime activities or shipping industry development coupled with growing offshore oil & gas exploration activities mainly around UK waters along with other North Sea waters off Norway among other areas where there are large continental shelves that extend deep into the ocean floor thereby offering vast potential for natural resources exploration leading to an increase in demand for heavy machinery used underwater such as drilling rigs etc.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Growing use of steel plate in automobiles and other transportation sectors
- Rising demand from the manufacturing sector for producing heavy-duty equipment and machinery
- Increasing use of steel plate in shipbuilding and other marine applications
- Growing popularity of steel plate as a preferred material for roofing, flooring, and cladding applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Hull Structural Steel Plate Market Research Report
By Type
General Strength Ship Plate, High Strength Ship Plate
By Application
Tankers, Bulk Carriers, Container Ships, Chemical Ships
By Companies
POSCO, JFE Steel, NSSMC, Baosteel, Valin Xiangtan Steel, Chongqing Steel, Ansteel, Nanjing Steel, Dongkuk, SD Steel, Xinyu Steel, Hyundai, ArcelorMittal, Shougang Group
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hull Structural Steel Plate Market Report Segments:
The global Hull Structural Steel Plate market is segmented on the basis of:
Types
General Strength Ship Plate, High Strength Ship 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
Tankers, Bulk Carriers, Container Ships, Chemical Ships
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:
- POSCO
- JFE Steel
- NSSMC
- Baosteel
- Valin Xiangtan Steel
- Chongqing Steel
- Ansteel
- Nanjing Steel
- Dongkuk
- SD Steel
- Xinyu Steel
- Hyundai
- ArcelorMittal
- Shougang Group
Highlights of The Hull Structural 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:
- General Strength Ship Plate
- High Strength Ship Plate
- By Application:
- Tankers
- Bulk Carriers
- Container Ships
- Chemical Ships
- 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 Hull Structural 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.
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- Correctly Positioning New Products
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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?
Hull structural steel plate is a type of steel used in the construction of hulls and other structures. It is a thick, heavy metal that is often used to build ships and other large objects. Hull structural steel plate is typically made from high-quality, cold-rolled sheets that are then cut into pieces that are appropriate for use in construction.
Some of the major companies in the hull structural steel plate market are POSCO, JFE Steel, NSSMC, Baosteel, Valin Xiangtan Steel, Chongqing Steel, Ansteel, Nanjing Steel, Dongkuk, SD Steel, Xinyu Steel, Hyundai, ArcelorMittal, Shougang Group.
The hull structural steel plate 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. Hull Structural Steel Plate 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. Hull Structural Steel Plate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hull Structural Steel Plate Market - Supply Chain
4.5. Global Hull Structural Steel Plate Market Forecast
4.5.1. Hull Structural Steel Plate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hull Structural Steel Plate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hull Structural Steel Plate Market Absolute $ Opportunity
5. Global Hull Structural Steel Plate 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. Hull Structural Steel Plate Market Size and Volume Forecast by Type
5.3.1. General Strength Ship Plate
5.3.2. High Strength Ship Plate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hull Structural Steel Plate 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. Hull Structural Steel Plate Market Size and Volume Forecast by Application
6.3.1. Tankers
6.3.2. Bulk Carriers
6.3.3. Container Ships
6.3.4. Chemical Ships
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hull Structural Steel Plate 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. Hull Structural Steel Plate 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 Hull Structural Steel Plate 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. Hull Structural Steel Plate 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 Hull Structural Steel Plate Demand Share Forecast, 2019-2026
9. North America Hull Structural Steel Plate 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 Hull Structural Steel Plate 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 Hull Structural Steel Plate Market Size and Volume Forecast by Application
9.4.1. Tankers
9.4.2. Bulk Carriers
9.4.3. Container Ships
9.4.4. Chemical Ships
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hull Structural Steel Plate Market Size and Volume Forecast by Type
9.7.1. General Strength Ship Plate
9.7.2. High Strength Ship Plate
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 Hull Structural Steel Plate Demand Share Forecast, 2019-2026
10. Latin America Hull Structural Steel Plate 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 Hull Structural Steel Plate 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 Hull Structural Steel Plate Market Size and Volume Forecast by Application
10.4.1. Tankers
10.4.2. Bulk Carriers
10.4.3. Container Ships
10.4.4. Chemical Ships
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hull Structural Steel Plate Market Size and Volume Forecast by Type
10.7.1. General Strength Ship Plate
10.7.2. High Strength Ship Plate
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 Hull Structural Steel Plate Demand Share Forecast, 2019-2026
11. Europe Hull Structural Steel Plate 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 Hull Structural Steel Plate 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 Hull Structural Steel Plate Market Size and Volume Forecast by Application
11.4.1. Tankers
11.4.2. Bulk Carriers
11.4.3. Container Ships
11.4.4. Chemical Ships
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hull Structural Steel Plate Market Size and Volume Forecast by Type
11.7.1. General Strength Ship Plate
11.7.2. High Strength Ship Plate
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 Hull Structural Steel Plate Demand Share, 2019-2026
12. Asia Pacific Hull Structural Steel Plate 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 Hull Structural Steel Plate 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 Hull Structural Steel Plate Market Size and Volume Forecast by Application
12.4.1. Tankers
12.4.2. Bulk Carriers
12.4.3. Container Ships
12.4.4. Chemical Ships
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hull Structural Steel Plate Market Size and Volume Forecast by Type
12.7.1. General Strength Ship Plate
12.7.2. High Strength Ship Plate
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 Hull Structural Steel Plate Demand Share, 2019-2026
13. Middle East & Africa Hull Structural Steel Plate 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 Hull Structural Steel Plate 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 Hull Structural Steel Plate Market Size and Volume Forecast by Application
13.4.1. Tankers
13.4.2. Bulk Carriers
13.4.3. Container Ships
13.4.4. Chemical Ships
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hull Structural Steel Plate Market Size and Volume Forecast by Type
13.7.1. General Strength Ship Plate
13.7.2. High Strength Ship Plate
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 Hull Structural Steel Plate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hull Structural Steel Plate Market: Market Share Analysis
14.2. Hull Structural Steel Plate Distributors and Customers
14.3. Hull Structural Steel Plate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. POSCO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. JFE Steel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NSSMC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baosteel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Valin Xiangtan Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chongqing Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ansteel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nanjing Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dongkuk
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SD Steel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xinyu Steel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyundai
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ArcelorMittal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shougang Group
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
