Steel Market Update 2020 - growth, trends, covid-19 impact, and forecasts (2021 - 2027)
Market Segmentation
The global coated steel
market has been segmented based on type, coating type, end-use industry, and
region. By type, the global market has been divided into color-coated steel and
metallic-coated steel. The color-coated steel segment accounted for the largest
market share and is expected to register the highest CAGR during the forecast
period. The demand is attributed to its increasing demand in the construction
industry for both exterior and interior applications.
Based on coating type,
the global steel market update 2020 has been divided into polyester,
polyvinylidene fluoride, epoxy, polyvinyl chloride, polyurethane, pure
aluminum, aluminum-zinc, pure zinc, and others. The polyester segment is
further sub-divided into regular modified polyester, silicone modified polyester,
and super durable polyester. The polyester segment accounted for the largest
market share in the global coated steel market in terms of tonnage and value
due to its excellent resistance to different weather conditions and has smooth
surface finishing.
Based on end-use
industry, the global market has been segregated into building and construction,
automotive, industrial machinery, electrical and electronics, consumer goods,
and others. The building and construction industry accounted for the largest
market share in terms of tonnage and value. The latter is followed by the
automotive segment in 2017. The increasing demand for color-coated steel in
applications such as roofing, cladding, and other applications in residential
and commercial construction is expected to drive the market.
Regional Analysis
The global steel
market update 2020 has been classified into North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific is expected
to account for the largest share of the global coated steel market on account
of the growing end-use industries in the region, especially the construction,
automotive and electrical appliances.
North America and Europe
are expected to be the prominent markets for coated steel due to the increasing
demand in the automotive, and construction. The regional markets are expected
to maintain close demands during the forecast period.
The Latin American and
the Middle East & African markets are likely to register healthy growth
during the review period as a result of the growing end-use industries in the regions.
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TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Markets Structure
3 Market Research
Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size
Estimation
3.5 Forecast Model
4 Market Dynamics Of
Global Coated Steel Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis
Of Global Coated Steel Market
5.1 Supply Chain
Analysis
5.1.1 Raw Material
Suppliers
5.1.2
Manufacturers/Producers
5.1.3
Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End User
5.2 Porter’s Five Forces
Analysis
5.2.1 Threat Of New
Entrants
5.2.2 Bargaining Power
Of Buyers
5.2.3 Bargaining Power
Of Suppliers
5.2.4 Threat Of
Substitutes
5.2.5 Intensity Of
Competitive Rivalry
5.3 Pricing Analysis
5.4 Production Outlook
Competitive Analysis
Some of the key players
operating in the global coated steel market are JSW (India), ArcelorMittal
(Luxembourg), SSAB (Sweden), POSCO (South Korea), JFE Steel Corporation
(Japan), NLMK (Russia), NIPPON STEEL & SUMITOMO METAL CORPORATION (Japan),
Essar (India), Tata Steel (India), thyssenkrupp AG (Germany), Salzgitter
Flachstahl GmbH (Germany), and Uttam Galva Steels Limited (India).
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