Market Overview:
The global steel mills products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel products from the automotive, infrastructure and construction, and industrial manufacturing sectors. In terms of type, billets are expected to lead the global steel mills products market with a share of more than 30%. Billets are followed by blooms, rebars, wire rod, sections, rails, sheet piles drawn wires and others in terms of revenue share. Drawn wires are projected to grow at the highest CAGR during the forecast period owing to their growing demand from various end-use industries such as automotive and construction.
Product Definition:
A steel mill or steelworks is an industrial plant for the manufacture of steel. Steel mills produce large quantities of metal products, typically long products such as bars, rods, rails, beams and angle iron.
Billets:
Billets is a form of fuel used in steel making. It is basically pig iron that has been heated to a temperature of 1650 degrees Celsius. During the process, impurities are separated and molten metal is poured into an open-ended pipe or mold through which billets can pass continuously without being contaminated by outside materials.
Blooms:
Blooms is a suspension of solid particles in liquid slurry. It is used as an additive to improve the quality and properties of steel products. The product improves the hardness, toughness, strength, anti-corrosion performance and helps in reducing costs during manufacturing process by increasing yield and reducing waste.
Application Insights:
The automotive application segment led the global steel mills products market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for vehicles, especially in emerging economies such as China, India and Brazil. In addition, factors such as low cost land availability along with easy access to water, electricity and other utilities have been contributing toward industrial development across major cities in these countries.
The infrastructure & construction segment accounted for nearly 20% of the overall revenue share in 2017 owing to rising investments from governments across various regions toward developing new infrastructure projects or improving existing infrastructural facilities using steel structures or components manufactured from it.
Regional Analysis:
Asia Pacific dominated the global steel mills products market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing infrastructure spending and automotive production in countries such as China, India, Japan, South Korea, and Taiwan. In addition, rising industrial manufacturing output is anticipated to drive demand for steel mills products over the coming years.
The Asia Pacific was followed by Europe that accounted for a share of more than 20% in terms of volume in 2017 on account of growing construction activities across major economies including Germany and Italy. In addition rebar consumption increased significantly owing to new constructions coupled with repair/renovation projects taking place across numerous buildings especially old ones which require strengthening or renovation work using reinforcing steel bars (rebars).
North America emerged as one of the prominent regional markets for these products on account of growing infrastructure spending along with an increase in energy sector investment particularly oil & gas industry investments mainly from U.S.
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising demand for steel in the automotive sector
- Growing use of steel in the manufacturing sector
- Rapid urbanization and industrialization across emerging economies
- Expansion of global trade
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Mills Products Market Research Report
By Type
Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others
By Application
Automotive, Infrastructure and Construction, Industrial Manufacturing
By Companies
ArcelorMittal, Baoshan Iron & Steel, Nippon Steel & 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Steel Mills Products Market Report Segments:
The global Steel Mills Products market is segmented on the basis of:
Types
Billets, Blooms, Rebars, Wire Rod, Sections, Rails, Sheet Piles, Drawn Wires, Others
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
Automotive, Infrastructure and Construction, Industrial Manufacturing
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
- Baoshan Iron & Steel
- Nippon Steel & Sumitomo Metal
- ...
Highlights of The Steel Mills Products 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:
- Billets
- Blooms
- Rebars
- Wire Rod
- Sections
- Rails
- Sheet Piles
- Drawn Wires
- Others
- By Application:
- Automotive
- Infrastructure and Construction
- Industrial Manufacturing
- 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 Steel Mills Products 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?
Steel mills products are the end result of the steelmaking process. These products can include finished steel, pig iron, and alloyed steels.
Some of the key players operating in the steel mills products market are ArcelorMittal, Baoshan Iron & Steel, Nippon Steel & Sumitomo Metal.
The steel mills products 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. Steel Mills Products 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. Steel Mills Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Mills Products Market - Supply Chain
4.5. Global Steel Mills Products Market Forecast
4.5.1. Steel Mills Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Mills Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Mills Products Market Absolute $ Opportunity
5. Global Steel Mills Products 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. Steel Mills Products Market Size and Volume Forecast by Type
5.3.1. Billets
5.3.2. Blooms
5.3.3. Rebars
5.3.4. Wire Rod
5.3.5. Sections
5.3.6. Rails
5.3.7. Sheet Piles
5.3.8. Drawn Wires
5.3.9. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Mills Products 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. Steel Mills Products Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Infrastructure and Construction
6.3.3. Industrial Manufacturing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Mills Products 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. Steel Mills Products 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 Steel Mills Products 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. Steel Mills Products 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 Steel Mills Products Demand Share Forecast, 2019-2029
9. North America Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Infrastructure and Construction
9.4.3. Industrial Manufacturing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Mills Products Market Size and Volume Forecast by Type
9.7.1. Billets
9.7.2. Blooms
9.7.3. Rebars
9.7.4. Wire Rod
9.7.5. Sections
9.7.6. Rails
9.7.7. Sheet Piles
9.7.8. Drawn Wires
9.7.9. Others
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 Steel Mills Products Demand Share Forecast, 2019-2029
10. Latin America Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Infrastructure and Construction
10.4.3. Industrial Manufacturing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Mills Products Market Size and Volume Forecast by Type
10.7.1. Billets
10.7.2. Blooms
10.7.3. Rebars
10.7.4. Wire Rod
10.7.5. Sections
10.7.6. Rails
10.7.7. Sheet Piles
10.7.8. Drawn Wires
10.7.9. Others
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 Steel Mills Products Demand Share Forecast, 2019-2029
11. Europe Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Infrastructure and Construction
11.4.3. Industrial Manufacturing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Mills Products Market Size and Volume Forecast by Type
11.7.1. Billets
11.7.2. Blooms
11.7.3. Rebars
11.7.4. Wire Rod
11.7.5. Sections
11.7.6. Rails
11.7.7. Sheet Piles
11.7.8. Drawn Wires
11.7.9. Others
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 Steel Mills Products Demand Share, 2019-2029
12. Asia Pacific Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Infrastructure and Construction
12.4.3. Industrial Manufacturing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Mills Products Market Size and Volume Forecast by Type
12.7.1. Billets
12.7.2. Blooms
12.7.3. Rebars
12.7.4. Wire Rod
12.7.5. Sections
12.7.6. Rails
12.7.7. Sheet Piles
12.7.8. Drawn Wires
12.7.9. Others
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 Steel Mills Products Demand Share, 2019-2029
13. Middle East & Africa Steel Mills Products 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 Steel Mills Products 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 Steel Mills Products Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Infrastructure and Construction
13.4.3. Industrial Manufacturing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Mills Products Market Size and Volume Forecast by Type
13.7.1. Billets
13.7.2. Blooms
13.7.3. Rebars
13.7.4. Wire Rod
13.7.5. Sections
13.7.6. Rails
13.7.7. Sheet Piles
13.7.8. Drawn Wires
13.7.9. Others
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 Steel Mills Products Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Steel Mills Products Market: Market Share Analysis
14.2. Steel Mills Products Distributors and Customers
14.3. Steel Mills Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baoshan Iron & 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. Nippon Steel & Sumitomo Metal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ...
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
