A supplier of large-size, heavy-duty stainless steel pipe fittings, for example, defined its primary market as fast-order replacements. EMR's meticulous research . Coated Steel Market Size And Forecast. Wear Resistant Steel Wear-Resistant Steel is a class of austenitic steel made from carbon and manganese. Long Steel products are largely used in residential, infrastructure, and construction applications. Key Market Segments Type The report presents a systematic study of the electrical steel market segments and thorough analysis of the market overview. The steel casting market size is expected to grow by 3274.74 thousand MTPA between 2021 and 2026. During the current period, the market is projected to reach USD 3.40 billion by the end of the forecast period in 2028, and hence, a global CAGR of 4.7% between 2021-2028. Story continues. Tool Steel Market: Introduction. The Steel Pipe Market is projected to reach a valuation of USD 121.11 Bn by 2032 at a CAGR of 2.4%, from USD 93.3 Bn in 2021. Market volume forecast Steel pipes are mostly used to transmit items such as oil, gas, and water over large distances. Major industry participants include Emirates Steel, Hamriyah Steel FZC, Al Nasser Industrial Enterprises LLC, United Iron & Steel Co., Al Ghurair Iron & Steel Co., Al Rajhi Steel, Absal Steel, ArcelorMittal, Hadeed (SABIC), and Solb Steel Company among others Steel Market Segmentation October 06, 2022 01:53 ET | Source: Fortune Business Insights. The duplex stainless steel pipe market share held a global market value worth USD 2.70 billion by the end of the period in 2019. The process of Steel Fabrication includes the conversion of raw materials into certain shapes by steel fabricators. Corporate . These elements enhance the hear resistivity, hardness and durability of tool steels. Breakup by Type: Global Steel Market Share, By Type (in US$ Million) Market volume. The report focuses on the Duplex Stainless Steel market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends . Pune, India, Oct. 06, 2022 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, The global high strength steel market size . Firstly the raw material is heated and melted. Chapter 8: This chapter will include a comprehensive analysis of the various industry competitors at . It is commonly used in rock-processing machinery . Production was 1,839,000 net tons in the week ending September 24, 2021 while the capability utilization then was 83.3 percent. The end-user industry . . Tool steels comprise four carbide-forming elements: tungsten, chromium, vanadium and molybdenum. In the manufacturing industry, rotating machines convert electrical energy into mechanical energy for industrial work. Construction, automobile, and the shipbuilding are among the largest end-user segments in the steel market in APAC. Market value forecast. Players, stakeholders, and other participants in the global Special Steel market will be able. The European industrial revolution at the beginning of this century was actually founded on this industry. As per Indian Steel Association (ISA), steel demand will grow by 7.2% in 2019-20 and 2020-21. sintered steel market segmentation by type (stainless steel, carbon steel, alloy steel and tool steel); by process (metal injection molding, conventional manufacturing, powder forging manufacturing and additive manufacturing); by application (engines, transmissions, chassis and electrical appliances) and by end user (transportation, automobile, The demand from the automotive, construction, and capital goods sectors is driving demand growth in the steel market in Europe. Infrastructural developments, in both developing as well as developed countries, are anticipated to remain primary factors driving the demand for structural steel. While the markets in the EU and North America experienced a demand drop of 8% and 15% respectively, continued growth in Asia fully offset that fall in demand. The market is anticipated to be driven by rising investments in the residential construction sector. The COVID-19 impacts . Global Steel Industry Refractory Material Market Segmentation: Grain-oriented electrical steel has a more significant market share than other segments. Segmentation Methodology Request a FREE Sample Copy Report Overview The global iron and steel market size was valued at USD 1,538.72 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030. Market Segment Market sub-segments (customer groups Key Market Segments Type "We have a 300-page report on market segmentation and . The process provides your sales and marketing teams with the opportunity to examine each market segment, sub-segment and micro-segment - from a range of perspectives. It is said to remain highly attractive until 2031. Chromium, which is found in iron, secretes a thin layer of oxide, known as a passive layer, which prevents the steel from corrosion Read more about this report - REQUEST FREE SAMPLE COPY IN PDF The industry is divided on the basis of application into: Metal Products The global electrical steel market attained a value of about USD 32.8 billion in 2020, driven by the increasing construction activities. Global Hot Sauce Market Size, Share & Trends Analysis Report By Type & By Distribution Channel, Segment Forecasts, 2022 - 2028 Oct 3, 2022 Huge scope for growth is offered by India's comparatively low per capita steel consumption and the . Statistics on the topic Overview Segments Companies Special focus on steel scrap 2021. Based on the model, the classification includes Fully Processed, Semi-Processed, and Others. The Carbon Steel industry report comprises segments: By sector: Construction, Mechanical equipment, Automotive, Electrical Equipment, and Domestic Appliances By region: North America, Europe, Asia Pacific, the Middle East, Africa, and South America Snapshot of the Report Tata Steel serves its products in key market & industry segments like Construction, Automobile, Agriculture, Consumer goods, Emery and Power and many more. 1. [195 Pages Report] Global Light Gauge Steel Framing Market is expected to grow at a high CAGR of 4.45% during the forecast period (2022-2029) The global construction sector has gained massive traction in the past few years owing to the enormous rise in demand for new residential complexes, infrastructural elements, and commercial. Coated Steel Market size was valued at USD 24.25 Billion in 2021 and is projected to reach USD 37.05 Billion by 2030, growing at a CAGR of 4.34% from 2022 to 2030.. Increase in demand for coated steel in the building & construction industry is boosting the global market as well as growing construction industry in developing countries further propel the . From: USD $999.00. On the basis of regional platform, global steel pipes market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Medium carbon steel which contains 0.3% to 0.65% of carbon is finding essential applications in a number of end use industries including railway, construction, oil, and automotive industries owing to its properties of enhanced ductility, density, and heat treatment capabilities. Market Segmentation Stainless steel is an alloy of carbon and iron. A thoughtful assessment of the present market trends as well as the future prospects is offered in the report. Around 40 to 80 . Published by Statista Research Department , Jun 16, 2022 In 2019, the building and infrastructure segment utilized 52 percent of the steel produced worldwide. The structural steel market size was valued at USD 96.94 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028. Flat Steel Market Flat Steel Market is projected to be worth USD 768.16 billion by 2028, registering a CAGR of 6.1% during the forecast period (2021 - 2028). Electrical Steel Market Segments: Market Segmentation: By Type Grain Oriented Non-Grain Orineted Market Segmentation: By Application Energy Automobiles Manufacturing Household Appliances Others. The global COVID-19 pandemic has been unprecedented and staggering, with the NGO electrical steel market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The global structural steel market attained a value of USD 96 billion in 2020, driven by increased demand for residential and non-residential infrastructure construction. Further, the report divides the market by applications such as Motors, Transformers, Inductors, and Others. The global Special Steel market is segmented by region (country), company, by Type and by Application. The following chapters will comprise of a comprehensive analysis of the global third generation advanced high-strength steel market's segmentation with respect to the various regions and countries involved, with a further analysis of revenues, shares and potential opportunities for expansion. The steel wind tower market has been divided all across the globe based on the type, height range, application, and region. The growth in the energy sector will lead to more demand for transformers, and hence the market for grain-oriented electrical steel is expected to increase . Flat steel is used for fencing, roofing, water tanks, garden sheds, and much more. By end-user industry, the market is segmented into Automotive, Infrastructure and construction, Mining Equipment, Aviation & Marine, and Others. In the same year, the automotive. The report . Industry Expertise. The government has a fixed objective of increasing rural consumption of steel from the current 19.6 kg/per capita to 38 kg/per capita by 2030-31. Steel demand Global steel demand has rebounded up to record levels Global steel demand as a whole held flat during 2020. Market segmentation of the a36 steel sheet market industry is carried out on the basis of Type, Applications, as well as regions and countries. In 2025, the Indian steel market is forecast to have a value of $76 billion, an increase of 49% since 2020. On the basis of regional platform, global Carbon Steel market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Then they are mixed. The global steel industry refractory material market is anticipated to gain exponential industry growth over the given forecast period of 2020-2030, with a projected value of US$ XX Mn, from US$ XX Mn in 2020, indexing a CAGR of XX by the end of the aforementioned timeline. Flat Steel: Market Segmentation Flat steel refers to a type of processed metal that is generated by melting and stretching under an applied force. Further, Asia Pacific region is the largest market of steel pipes. 1. Motors accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 4.14% during the forecast period. Roughly 60 percent of steel . The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 3.1% to reach nearly USD 1010 billion by 2026. Published on: Mar 2022. Steel Products Market in Europe is expected to drive the predicted growth in the coming years; Steel Products Market in North America is owing to the growth of the oil & gas industry and recovering growth of the residential construction segment. The energy sector is growing at a fast pace. However, the economic slowdown observed in some of the major European economies such as Italy, Spain, and France is declining the consumption of . We offer an end-to-end value chain that extends from mining to finished steel goods catering to an array of market segments. Global electrical steel coatings market segmentation To understand and assess opportunities in the global electrical steel coatings market, we have divided the report into five sections based on market segmentation as under: By Coating Type C2 C3 C4 C5 C6 By Material Type Chrome-free Chrome-containing Formaldehyde-free MgO By Application Tool steels are from the family of carbon steel and are particularly well-suited to be crafted into tools. Aided by the increased housing demands due to the growing population and the rapid industrialisation, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.70%. The Indian steel market shrank by 10% in 2020 to reach a volume of 100 million tons. These shapes are used in Construction, Automotive, Mining, and Real Estate, etc. More than 60% of revenue is generated from the construction segment in the global long steel industry. The global NGO electrical steel market size is anticipated to be USD 13.24 billion in 2021. Regional Insights As per our research, the market is projected to touch . U.S. Steel Rebar Market Segmentation This report forecasts revenue growth at the regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the . Key Market Segmentation: IMARC Group provides an analysis of the key trends in each sub-segment of the global steel market, along with forecasts at the global, regional and country level from 2022-2027. Analyzing Segments that Impact the Overall Sodium Tetraborate Market Sodium Tetraborate is majorly used in insulation of fiberglass and textile fiberglass. Steel pipes are cylinder-shaped steel tubes that are used in a variety of applications in the steel industry. Steel Wind Tower Market Segmentation. Looking forward, IMARC Group expects the market to reach US$ 87.6 Billion by 2027, exhibiting a CAGR of 1.63% during 2022-2027. The market is segmented based on composition, manufacturing process, end-user industry, and geography. The process is completed in two steps. Steel panels are expected to emerge as a fast-growing segment with about 8.2% CAGR from 2017 to 2025. Hot-rolled coil steel prices worldwide are also estimated to grow to some 555 dollars per metric tons in 2021. Industry Data This Week's Raw Steel Production In the week ending on September 24, 2022, domestic raw steel production was 1,683,000 net tons while the capability utilization rate was 76.4 percent. With respect to Type, segmentation is carried out under Deformed Steel, and Mild Steel. The up to 80 meters segment accounted for the leading share of the international steel wind tower market in 2020. Aided by the emergence of electric vehicles, the market is expected to grow at a CAGR of 7.2% in the forecast period of 2022-2027 to reach nearly USD 49.8 billion by 2026. The global demand for Wear Resistant Steel Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Market segmentation of the steel rebar market industry is carried out on the basis of Type, Applications, as well as regions and countries. If you would like more information or would like to discuss a possible project, please contact contact Jerry W. Thomas, President/CEO ( jthomas@decisionanalyst.com ), or Elizabeth Horn, Ph.D., Senior Vice President of Advanced Analytics ( ehorn@decisionanalyst.com ), or call 1-800-ANALYSIS (262-5974) or 1-817-640-6166. The Indian steel market shrank by 13% in 2020 to reach a value of $50 billion. In addition, the growth momentum of the market will accelerate at a CAGR of 4.19% during the . Our sales market segmentation questionnaire & workshop are designed to help identify how competitive an organisation is within its market segments and what steps need to be taken to ensure competitive viability. Our report has categorized the market based on type, product and application. The steel wire market research report is one of a series of new reports from The Business Research Company that provides steel wire market statistics, including steel wire industry global market size, regional shares, competitors with a steel wire market share, detailed steel wire market segments, market trends and opportunities, and any further data you may need to thrive in the steel wire . 9.1 Europe Special Steel Market by value: Size and Forecast (2016-2026) 9.2 Europe Economic and Industrial Outlook 9.3 Europe Special Steel Market: Prominent Companies 9.4 Market Segmentation By Type (Gear Steel, Bearing Steel, Alloy Steel, Others) 9.5 Market Segmentation By End User (Automotive, Machinery, Petrochemical & Energy, Others) The following chapters will comprise of a comprehensive analysis of the global special bar quality steel market's segmentation with respect to the various regions and countries involved, with a further analysis of revenues, shares and potential opportunities for expansion. The global steel market attained a value of about USD 841 billion in 2020. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Prepainted Steel Sheet by geography. The force is applied to convert metal pieces in the form of sheets, strips, or tin plates. There has been a substantial increase in the . The global steel tubes market reached a value of US$ 79.2 Billion in 2021. $768.16 billion Market Size 6.1% CAGR North America Dominating Region 2021-2028 Forecast Period Segmentation Chapter 8: This chapter will include a comprehensive analysis of the various industry competitors at play, detailing . This 3D view . In fact, it is really the base for numerous industries that could not have been established without steel industry. The electrical motor segment has been registering exponential growth and is expected to contribute the largest share in the global electrical steel market during the assessment period, 2019-2026. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF Healthcare . Having inherited a strong industry from the Soviet period, Russia ranks fifth by monthly crude steel production, following China, India, Japan, and the United States. And concerning the applications, segmentation Infrastructure, Housing, and Industrial. These panels are utilized for both residential & non-residential infrastructures owing to their lightweight, ease of installation, and high resistance to adverse climatic conditions such as snow, storm and heavy rains. 1. Four fundamental forces shaping steel industry dynamics 1. The global Advanced and Ultra-High-Strength Steel market was valued at USD 7571.7 million in 2020 and it is expected to reach USD 11400 million by the end of 2027, growing at a CAGR of 6.0% during. Furthermore, it presents an exhaustive analysis of the regional insights and how they aid to develop the market growth. With respect to Type, segmentation is carried out under Hot Roll, and Cold Roll. And concerning the applications, segmentation Constructions, Industrial Furnace, and Transport. On the basis of Application, the Global Non-Oriented Electrical Steel Market has been segmented into Transformer, Inductors, Motors, and Others. Market Overview. Life Sciences; Medical . Newest Report No of Pages [ 100] Mold Steel Market cover market size for segment by Applications [ Construction Industry, Industrial Equipment, Others], By Types [ Cold Work Die Steel, Hot Work . In material by key market players is anticipated to be crafted into. 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