Coated Steel Market Is Growing at a CAGR of 5.1% Between 2018 and 2025
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City of Industry, CA -- (SBWire) -- 07/13/2018 --This report studies the Coated Steel market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The coated steel industry finds its application majorly in building & construction, appliances, automotive, and other industries, which includes AHU, generator canopy, signage, solar heaters, lighting fixtures, furniture, metal doors & frames, and decking profilers. The growth of building & construction application is driven by increasing urbanization in Asia-Pacific and RoW, which resulted into increased demand for residential, commercial, and industrial infrastructure. Low interest rates on housing loans are also responsible for increase in the demand for new houses, eventually driving the market.
Currently, the Asia-Pacific region is the largest market of coated steel and is estimated to witness the highest CAGR. Countries such as China, India, Japan, and South Korea are expected to lead the Asia-Pacific coated steel market, with China accounting for the largest share in the regional demand for coated steel. Currently, the market size, in terms of volume, for coated steel is comparatively low in Mexico. However, Mexico is expected to grow at the highest rate in the North America region.
The global Coated Steel market was 24300 million US$ in 2017 and is expected to 36200 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Coated Steel in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Arcelormittal S.A.
SSAB AB
Salzgitter AG
OJSC Novolipetsk Steel
Voestalpine AG
OJSC Magnitogorsk Iron and Steel Works
Thyssenkrupp AG
Nippon Steel & Sumitomo Metal Corporation
United States Steel
Essar Steel Ltd.
Tata Steel Limited
Lysvenskii Metallurgicheskii Zavod ZAO
Jindal Steel & Power Ltd.
By the product type, the market is primarily split into
Polyester
Fluoropolymer
Siliconized Polyester
Plastisol
Others
By the end users/application, this report covers the following segments
Building & Construction
Appliances
Automotive
Others
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