The steel market is poised to grow by 614.20 mn tons during 2021-2025, progressing at a CAGR of 6.32%.
This study identifies the growing demand from the construction industry as one of the prime reasons driving the steel market growth during the next few years. The market is driven by the upsurge in the consumption of high-strength steel and corrosion resistance and excellent mechanical properties.
The report on the steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The steel market analysis includes the end-user segment and geographic landscape.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading steel market vendors that include Ansteel Group Corp. Ltd., ArcelorMittal SA, Beijing Jianlong Heavy Industry Group Co. Ltd., Beijing Shougang Co., Ltd., China BaoWu Steel Group Corp. Ltd., HBIS Group Co. Ltd., Nippon Steel Corp., POSCO Group, Shagang Group Inc., and Tata Steel Ltd.
Also, the steel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Construction – Market size and forecast 2020-2025
- Machinery – Market size and forecast 2020-2025
- Transportation – Market size and forecast 2020-2025
- Metal Goods – Market size and forecast 2020-2025
- Others – Market size and forecast 2020-2025
- Market opportunity by End-user
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- North America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Ansteel Group Corp. Ltd.
- ArcelorMittal SA
- Beijing Jianlong Heavy Industry Group Co. Ltd.
- China BaoWu Steel Group Corp. Ltd.
- HBIS Group Co. Ltd.
- Nippon Steel Corp.
- POSCO Group
- Shagang Group Inc.
- Tata Steel Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/nacqjd