Global Steel Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 10/11/2022
- NO OF PAGES
- 282
- CATEGORY
- Energy & Power
The Steel market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Steel market. On the basis of historic growth analysis and current scenario of Steel market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Steel market. These further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Steel market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Steel market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Steel Market: Major Players
Taiyuan Iron and Steel Group
Chinh Dai Steel
Tata Steel
SAIL
Anyang Steel
Shougang
Ansteel Group
Jiangsu Shagang
Shandong Iron and Steel Group
POSCO
Hesteel Group
Essar Steel
Dongkuk Steel Mill Co, Ltd.
Hyundai Steel Co, Ltd
Global Steel Market: By Types
Special Steel
Tool Steel
Mold Steel
Global Steel Market: By Applications
Machinery Manufacturing Industry
Consumer Goods & Medicals
Chemical, Petrochemical & Energy
Automotive & Heavy Transport
Industrial & Heavy Industry
Global Steel Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Steel market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Steel Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023This report examines all the key factors influencing growth of global Steel market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Steel market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Steel Market: Major Players
Taiyuan Iron and Steel Group
Chinh Dai Steel
Tata Steel
SAIL
Anyang Steel
Shougang
Ansteel Group
Jiangsu Shagang
Shandong Iron and Steel Group
POSCO
Hesteel Group
Essar Steel
Dongkuk Steel Mill Co, Ltd.
Hyundai Steel Co, Ltd
Global Steel Market: By Types
Special Steel
Tool Steel
Mold Steel
Global Steel Market: By Applications
Machinery Manufacturing Industry
Consumer Goods & Medicals
Chemical, Petrochemical & Energy
Automotive & Heavy Transport
Industrial & Heavy Industry
Global Steel Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Steel market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Global Steel Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.
Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Historic Year: 2016-2022
Forecast: 2024-2035
1 Steel Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Steel
1.3 Steel Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Steel Revenue and Growth Rate from 2016-2030
1.4 Market Segmentation
1.4.1 Types of Steel
1.4.2 Applications of Steel
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Steel Industry Trends
1.5.2 Steel Drivers
1.5.3 Steel Market Challenges
1.5.4 Steel Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Steel Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Steel Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Steel Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Steel
2.2.1 Major Players Manufacturing Base of Steel in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Steel Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Steel
2.3.3 Labor Cost of Steel
2.4 Market Channel Analysis of Steel
2.5 Major Down Stream Customers by Application
3 Global Steel Market, by Type
3.1 Global Steel Revenue and Market Share by Type (2016-2021)
3.2 Global Steel Production and Market Share by Type (2016-2021)
3.3 Global Steel Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Steel Revenue and Growth Rate of Special Steel
3.3.2 Global Steel Revenue and Growth Rate of Tool Steel
3.3.3 Global Steel Revenue and Growth Rate of Mold Steel
3.4 Global Steel Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Steel Market, by Application
4.1 Downstream Market Overview
4.2 Global Steel Consumption and Market Share by Application (2016-2021)
4.3 Global Steel Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Steel Consumption and Growth Rate of Machinery Manufacturing Industry (2016-2021)
4.3.2 Global Steel Consumption and Growth Rate of Consumer Goods & Medicals (2016-2021)
4.3.3 Global Steel Consumption and Growth Rate of Chemical, Petrochemical & Energy (2016-2021)
4.3.4 Global Steel Consumption and Growth Rate of Automotive & Heavy Transport (2016-2021)
4.3.5 Global Steel Consumption and Growth Rate of Industrial & Heavy Industry (2016-2021)
5 Global Steel Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Steel Revenue and Market Share by Region (2016-2021)
5.2 Global Steel Consumption and Market Share by Region (2016-2021)
5.3 Global Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Steel Market Under COVID-19
5.4.2 North America Steel SWOT Analysis
5.5 Europe Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Steel Market Under COVID-19
5.5.2 Europe Steel SWOT Analysis
5.6 China Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Steel Market Under COVID-19
5.6.2 China Steel SWOT Analysis
5.7 Japan Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Steel Market Under COVID-19
5.7.2 Japan Steel SWOT Analysis
5.8 Middle East and Africa Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Steel Market Under COVID-19
5.8.2 Middle East and Africa Steel SWOT Analysis
5.9 India Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Steel Market Under COVID-19
5.9.2 India Steel SWOT Analysis
5.10 South America Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Steel Market Under COVID-19
5.10.2 South America Steel SWOT Analysis
5.11 South Korea Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Steel Market Under COVID-19
5.11.2 South Korea Steel SWOT Analysis
5.12 Southeast Asia Steel Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Steel Market Under COVID-19
5.12.2 Southeast Asia Steel SWOT Analysis
6 Global Steel Production by Top Regions (2016-2021)
6.1 Global Steel Production by Top Regions (2016-2021)
6.2 North America Steel Production and Growth Rate
6.3 Europe Steel Production and Growth Rate
6.4 China Steel Production and Growth Rate
6.5 Japan Steel Production and Growth Rate
6.6 India Steel Production and Growth Rate
7 Global Steel Consumption by Regions (2016-2021)
7.1 Global Steel Consumption by Regions (2016-2021)
7.2 North America Steel Consumption and Growth Rate
7.3 Europe Steel Consumption and Growth Rate
7.4 China Steel Consumption and Growth Rate
7.5 Japan Steel Consumption and Growth Rate
7.6 Middle East & Africa Steel Consumption and Growth Rate
7.7 India Steel Consumption and Growth Rate
7.8 South America Steel Consumption and Growth Rate
7.9 South Korea Steel Consumption and Growth Rate
7.10 Southeast Asia Steel Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 Taiyuan Iron and Steel Group Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Steel Product Profiles, Application and Specification
8.2.3 Taiyuan Iron and Steel Group Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Chinh Dai Steel Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Steel Product Profiles, Application and Specification
8.3.3 Chinh Dai Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 Tata Steel Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Steel Product Profiles, Application and Specification
8.4.3 Tata Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 SAIL Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Steel Product Profiles, Application and Specification
8.5.3 SAIL Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Anyang Steel Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Steel Product Profiles, Application and Specification
8.6.3 Anyang Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Shougang Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Steel Product Profiles, Application and Specification
8.7.3 Shougang Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Ansteel Group Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Steel Product Profiles, Application and Specification
8.8.3 Ansteel Group Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Jiangsu Shagang Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Steel Product Profiles, Application and Specification
8.9.3 Jiangsu Shagang Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 Shandong Iron and Steel Group Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Steel Product Profiles, Application and Specification
8.10.3 Shandong Iron and Steel Group Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 POSCO Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Steel Product Profiles, Application and Specification
8.11.3 POSCO Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Hesteel Group Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Steel Product Profiles, Application and Specification
8.12.3 Hesteel Group Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 Essar Steel Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Steel Product Profiles, Application and Specification
8.13.3 Essar Steel Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
8.14 Dongkuk Steel Mill Co, Ltd. Market Performance Analysis
8.14.1 Company Profiles
8.14.2 Steel Product Profiles, Application and Specification
8.14.3 Dongkuk Steel Mill Co, Ltd. Sales, Revenue, Price, Gross Margin 2016-2021
8.14.4 Company Recent Development
8.14.5 Strategies for Company to Deal with the Impact of COVID-19
8.15 Hyundai Steel Co, Ltd Market Performance Analysis
8.15.1 Company Profiles
8.15.2 Steel Product Profiles, Application and Specification
8.15.3 Hyundai Steel Co, Ltd Sales, Revenue, Price, Gross Margin 2016-2021
8.15.4 Company Recent Development
8.15.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Steel Market Analysis and Forecast by Type and Application
9.1 Global Steel Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Special Steel Market Revenue and Volume Forecast (2021-2026)
9.1.2 Tool Steel Market Revenue and Volume Forecast (2021-2026)
9.1.3 Mold Steel Market Revenue and Volume Forecast (2021-2026)
9.2 Global Steel Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Machinery Manufacturing Industry Market Revenue and Volume Forecast (2021-2026)
9.2.2 Consumer Goods & Medicals Market Revenue and Volume Forecast (2021-2026)
9.2.3 Chemical, Petrochemical & Energy Market Revenue and Volume Forecast (2021-2026)
9.2.4 Automotive & Heavy Transport Market Revenue and Volume Forecast (2021-2026)
9.2.5 Industrial & Heavy Industry Market Revenue and Volume Forecast (2021-2026)
10 Steel Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Steel Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
 
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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