The global present steel market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth in the market is attributed to the increasing demand for steel in various industries such as automotive, construction, and machinery. The increasing demand for steel in these industries is due to its high strength and durability properties which make it suitable for use in various applications.
SemFinished Steel: SemFinished Steel accounted for the largest share of the global present steel market with a share of around 45%. This can be attributed to its wide range of applications such as automotive, construction, and machinery which are some of the fastest growing sectors globally. Flat Steel: Flat Steel accounted for a share of around 30% in 2018 owing to its wide range of applications such as aerospace, energy and environmental protection, automobile industry among others. Specific Steel: Specific Steel accounted for a share of around 25% owing to its wide range of applications such as railway transportation industry among others.
5a) The US government imposed tariffs on imported steel products which caused an increase in domestic production because foreign producers were no longer able to compete with cheaper prices from abroad; this led to an increase in jobs within US-based companies that produce steel products such as nails, wire mesh, or metal bars; this also led to an increase in exports because now there was more competition between US-based companies who could export their goods at lower prices than before when they had less competition from foreign producers; this led to an increase in revenue for these companies which allowed them invest more into research and development so they could continue producing better quality goods at lower costs while still maintaining profitability; this led to a decrease in imports because now there was less need for foreign producers since US-based companies were able (and willing) enough produce goods domestically at competitive rates while still maintaining profitability; this resulted into higher profits for these companies which allowed them invest more into research and development so they could continue producing better quality goods at lower costs while still maintaining profitability.
Some Of The Growth Factors Of This Market:
- The steel industry is one of the most important industries in the world, and it is a major contributor to global economic growth.
- Steel production has been increasing steadily over the past few years, with China being the largest producer of steel in the world.
- The demand for steel has been increasing as well, due to its use in construction and infrastructure projects around the world.
- Steel prices have also increased over time due to increased demand and decreased supply from countries like China who are trying to reduce their dependence on coal power plants which produce a lot of pollution that can be harmful for humans and animals alike.
Industry Growth Insights published a new data on “Present Steel Market”. The research report is titled “Present Steel Market research by Types (Semi-Finished Steel, Flat Steel, Specific Steel, Other), By Applications (Aerospace, Energy and Environmental Protection, Automobile, Railway Transportation, Machinery, Electronic Information, Other), By Players/Companies WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf, Ansteel Wire Rope, Young Heung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Present Steel Market Research Report
By Type
Semi-Finished Steel, Flat Steel, Specific Steel, Other
By Application
Aerospace, Energy and Environmental Protection, Automobile, Railway Transportation, Machinery, Electronic Information, Other
By Companies
WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf, Ansteel Wire Rope, Young Heung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Present Steel Market Report Segments:
The global Present Steel market is segmented on the basis of:
Types
Semi-Finished Steel, Flat Steel, Specific Steel, Other
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
Aerospace, Energy and Environmental Protection, Automobile, Railway Transportation, Machinery, Electronic Information, 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:
- WireCo World Group
- Tokyo Rope
- Kiswire
- Jiangsu Langshan
- Guizhou Wire Rope
- Fasten Group
- Usha Martin
- Bekaert
- Xinri Hengli
- Bridon
- Juli Sling
- Jiangsu Shenwang
- Shinko
- Xianyang Bamco
- DSR
- Jiangsu Safety
- Gustav Wolf
- Ansteel Wire Rope
- Young Heung
- PFEIFER
- Teufelberger
- Hubei Fuxing
- Redaelli
- Haggie
- DIEPA
Highlights of The Present Steel 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:
- Semi-Finished Steel
- Flat Steel
- Specific Steel
- Other
- By Application:
- Aerospace
- Energy and Environmental Protection
- Automobile
- Railway Transportation
- Machinery
- Electronic Information
- 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 Present Steel 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?
Present steel is a type of steel that is used in the present day. It has a higher carbon content than traditional steel, which makes it stronger and more durable.
Some of the key players operating in the present steel market are WireCo World Group, Tokyo Rope, Kiswire, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Usha Martin, Bekaert, Xinri Hengli, Bridon, Juli Sling, Jiangsu Shenwang, Shinko, Xianyang Bamco, DSR, Jiangsu Safety, Gustav Wolf, Ansteel Wire Rope, Young Heung, PFEIFER, Teufelberger, Hubei Fuxing, Redaelli, Haggie, DIEPA.
The present steel market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Present Steel 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. Present Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Present Steel Market - Supply Chain
4.5. Global Present Steel Market Forecast
4.5.1. Present Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Present Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Present Steel Market Absolute $ Opportunity
5. Global Present Steel 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. Present Steel Market Size and Volume Forecast by Type
5.3.1. Semi-Finished Steel
5.3.2. Flat Steel
5.3.3. Specific Steel
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Present Steel 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. Present Steel Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Energy and Environmental Protection
6.3.3. Automobile
6.3.4. Railway Transportation
6.3.5. Machinery
6.3.6. Electronic Information
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Present Steel 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. Present Steel 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 Present Steel 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. Present Steel 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 Present Steel Demand Share Forecast, 2019-2029
9. North America Present Steel 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 Present Steel 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 Present Steel Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Energy and Environmental Protection
9.4.3. Automobile
9.4.4. Railway Transportation
9.4.5. Machinery
9.4.6. Electronic Information
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Present Steel Market Size and Volume Forecast by Type
9.7.1. Semi-Finished Steel
9.7.2. Flat Steel
9.7.3. Specific Steel
9.7.4. Other
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 Present Steel Demand Share Forecast, 2019-2029
10. Latin America Present Steel 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 Present Steel 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 Present Steel Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Energy and Environmental Protection
10.4.3. Automobile
10.4.4. Railway Transportation
10.4.5. Machinery
10.4.6. Electronic Information
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Present Steel Market Size and Volume Forecast by Type
10.7.1. Semi-Finished Steel
10.7.2. Flat Steel
10.7.3. Specific Steel
10.7.4. Other
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 Present Steel Demand Share Forecast, 2019-2029
11. Europe Present Steel 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 Present Steel 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 Present Steel Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Energy and Environmental Protection
11.4.3. Automobile
11.4.4. Railway Transportation
11.4.5. Machinery
11.4.6. Electronic Information
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Present Steel Market Size and Volume Forecast by Type
11.7.1. Semi-Finished Steel
11.7.2. Flat Steel
11.7.3. Specific Steel
11.7.4. Other
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 Present Steel Demand Share, 2019-2029
12. Asia Pacific Present Steel 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 Present Steel 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 Present Steel Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Energy and Environmental Protection
12.4.3. Automobile
12.4.4. Railway Transportation
12.4.5. Machinery
12.4.6. Electronic Information
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Present Steel Market Size and Volume Forecast by Type
12.7.1. Semi-Finished Steel
12.7.2. Flat Steel
12.7.3. Specific Steel
12.7.4. Other
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 Present Steel Demand Share, 2019-2029
13. Middle East & Africa Present Steel 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 Present Steel 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 Present Steel Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Energy and Environmental Protection
13.4.3. Automobile
13.4.4. Railway Transportation
13.4.5. Machinery
13.4.6. Electronic Information
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Present Steel Market Size and Volume Forecast by Type
13.7.1. Semi-Finished Steel
13.7.2. Flat Steel
13.7.3. Specific Steel
13.7.4. Other
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 Present Steel Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Present Steel Market: Market Share Analysis
14.2. Present Steel Distributors and Customers
14.3. Present Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WireCo World Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tokyo Rope
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kiswire
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangsu Langshan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Guizhou Wire Rope
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fasten Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Usha Martin
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bekaert
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xinri Hengli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bridon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Juli Sling
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Shenwang
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shinko
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xianyang Bamco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. DSR
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu Safety
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gustav Wolf
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ansteel Wire Rope
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Young Heung
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. PFEIFER
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
