The Flat Steel Global Market Report 2023, provides comprehensive information on the flat steel market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Flat Steel Market’s Growth:
https://www.thebusinessresearchcompany.com/report/flat-steel-global-market-report
The global flat steel market size is expected to grow from $559.92 billion in 2022 to $584.26 billion in 2023 at a compound annual growth rate (CAGR) of 4.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of flat steel market is expected to reach $700.54 billion in 2027 at a CAGR of 4.64%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=11893&type=smp
Product innovation is a key trend gaining popularity in the flat steel market. Major companies operating in the flat steel market are working on new product innovations to sustain their position in the market. For instance, ArcelorMittal S.A. a Luxembourg-based steel manufacturing company, introduced Granite HDXtreme, a new pre-painted flat steel for roofs and façades with UV and corrosion protection designed for extremely harsh situations. Granite HDXtreme is a highly sustainable steel that is devoid of chromates and heavy metals and is 100% recyclable, resulting in a smaller CO2 footprint when compared to alternative solutions such as aluminum. Its strength stems from its 75m three-layer coating technique. Each layer has a distinct yet essential role, in which the primer layer is critical in corrosion protection, and on top of it is a basecoat, which protects the durability of the steel and provides the final color. A varnish layer is applied to the coating to enhance texture, increase lifespan, surface robustness, and improve UV weathering potential.
The flat steel market is segmented:
1) By Product: Sheet And Strips, Plates
2) By Material: Carbon Steel, Alloy Steel, Stainless Steel, Tool Steel
3) By Process: Basic Oxygen Furnace, Electric Arc Furnace
4) By End User: Building And Infrastructure, Mechanical Equipment, Automotive And Other Transport, Other End Users
Asia-Pacific was the largest region in the flat steel market in 2022.
The table of contents in TBRC’s flat steel market report includes:
- Executive Summary
- Flat Steel Market Characteristics
- Flat Steel Market Trends And Strategies
- Flat Steel Market – Macro Economic Scenario
- Flat Steel Market Segmentation
.
.
.
- Global Flat Steel Market Competitive Benchmarking
- Global Flat Steel Market Competitive Dashboard
- Key Mergers And Acquisitions In The Flat Steel Market
- Flat Steel Market Future Outlook and Potential Analysis
- Appendix
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
