The latest report on the ‘Global Carbon Steel Market’ is 200 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2032 and offers valuable insights into the market landscape.
The “Global Carbon Steel Market” report offers comprehensive insights into factors affecting demand, growth, opportunities, challenges, and limitations. It covers global and regional industry dynamics, including research & development, new product launches, and responses from leading players in both global and local markets. The report provides visual representations and regional breakdowns of the Carbon Steel Market.
Global Carbon Steel Market is valued approximately USD 738.52 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.0% over the forecast period 2020-2027.
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Carbon Steel is steel with carbon content from about 0.05% up to 2.1% by weight. Although no minimum content is specified or required for other components such as cobalt, chromium, niobium, molybdenum, tungsten, nickel and more. the carbon steel is available in numerous types namely, Mild or low carbon steel, High tensile steel, high carbon steel. The widespread use of carbon steel drives the demand for market growth. As these materials are used extensively in construction sector for building pipeline systems that collect water, natural gas and crude oil. These are also used in construction of bridges and buildings. Thus, the rising construction activities and increasing investments in infrastructure drives the market growth.
As per India Brand Equity Foundation (IBEF) in September 2018, Embassy Office parks raised around USD 775.66 million through India’s First real estate investment Trust (REIT) listing. While, the new housing launches across the top 7 cities in the country increased 32% year-on-year by 2018 to 193 thousand units. Further, 8.09 million houses have been sanctioned by May 2019 under the Pradhan Mantri Awas Yojana (PMAY). Also, use of carbon steel in Shipbuilding, and automotive propels the market growth. As the carbon steel have mechanical properties suitable for ships and are affordable making it the preferable choice for ship buildings. For instance: in February 2018, Fincantieri, an Italian Shipbuilder, acquired 50% share in the STX shipyards, based in France. The deal worth USD 66.28 million increases the market position of the Italian company in the cruise ships department. However, availability of polymer materials impedes the growth of the market over the forecast period of 2020-2027. Although, technological advancements presents a lucrative opportunity for the market.
The regional analysis of global Carbon Steel market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the widespread use in aerospace and shipbuilding activities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing construction sector would create lucrative growth prospects for the Carbon Steel market across Asia-Pacific region.
Major market player included in this report are:
JFE Steel Corporation
Nippon Steel Corporation
Baosteel Group
Curtis Steel Co., Inc
Bushwick Metals LLC
ArcelorMittal SA,
Omega Steel Company
Afarak Group
Tata Steel Group
AK Steel Corp.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Grade:
Low-Grade Carbon Steel
Medium-Grade Carbon Steel
High-Grade Carbon Steel
Ultra-High-Grade Carbon Steel
By Applications:
Basic and Perforated Sheets
Bars & Rebars
Normal Plates and Floor Plate
Pipes & Tubes
Wire Rod
Angle
Channels
Beams
Other
By Form:
Hot-rolled carbon steel
Cold-rolled carbon steel
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By End-use:
Automotive
Construction
Railways
Shipbuilding & Marine
Aerospace
Energy
Heavy Engineering and Equipment
Consumer Appliances
Cutting Tools
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Carbon Steel market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Carbon Steel market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Carbon Steel market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Carbon Steel market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Carbon Steel market. It encapsulates indispensable insights extracted from the Carbon Steel Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Carbon Steel market, including:
- What can be expected for the Carbon Steel market in the next decade?
- What are the primary drivers of growth in the global Carbon Steel market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Carbon Steel market vary based on the size of the end market?
- What is the breakdown of Carbon Steel by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Carbon Steel market?
Our most recent research report showcases the thriving expansion of the global Carbon Steel Market and offers in-depth insights into the projected market size, share, and revenue until 2032.
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