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Flat Steel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global flat steel market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Flat steel refers to a thin sheet of steel rolled from semi-finished rectangular steel slabs, ingots and billets. Some of the commonly used flat steel products include heavy plates, hot-rolled sheets, billets, blooms, bars, wire rods, cold-rolled sheets, slabs and coated steel. They are extensively used for the manufacturing of electrical cable trays, truck trailers, consumer durables, structural beams and strips. Flat steel enhances the anti-corrosion properties, ductility, design flexibility, durability, quality and strength of the product and improves its overall shelf life. It is also energy-efficient, eco-friendly and cost-effective in nature. As a result, it finds extensive applications across various industries, including automotive, construction, manufacturing and packaging.

Flat Steel Market Trends:

Significant growth in the construction and automotive industries across the globe is one of the key factors creating a positive outlook for the market. With the increasing demand for residential and commercial constructions, there is a rising utilization of flat steel in low- and high-rise buildings, sports stadiums, bridge deck plates, harbors, cladding and roofing, security fencing and coastal and flood defense systems. Moreover, the widespread adoption of flat steel in the production of automobile structures, panels, doors, engine blocks, gears, suspensions, wheels, fuel tanks, steering and braking systems is providing a thrust to the market growth. Automobile manufacturers are extensively using flat and advanced high strength steel (AHSS) to reduce the overall weight of the vehicle and improve fuel efficiency. In line with this, the utilization of recycled steel scrap is also contributing to the growth of the market. Other factors, including extensive infrastructural developments, especially in the developing economies, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global flat steel market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, material and application.

Breakup by Product:

  • Sheet and Strips
  • Plates
     

Breakup by Material:

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Tool Steel
     

Breakup by Application:

  • Building and Infrastructure
  • Automotive and Other Transport
  • Mechanical Equipment
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Allegheny Technologies Incorporated, Arcelormittal, China Steel Corporation, Hyundai Steel Co. Ltd, JFE Steel Corporation, Nippon Steel Corporation, POSCO, SSAB AB, Tata Steel Limited, thyssenkrupp AG, United States Steel Corporation and voestalpine Stahl GmbH.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Material, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Allegheny Technologies Incorporated, Arcelormittal, China Steel Corporation, Hyundai Steel Co. Ltd, JFE Steel Corporation, Nippon Steel Corporation, POSCO, SSAB AB, Tata Steel Limited, thyssenkrupp AG, United States Steel Corporation and voestalpine Stahl GmbH.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global flat steel market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global flat steel market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global flat steel market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Flat Steel Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Sheet and Strips
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Plates
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Material
    7.1    Carbon Steel
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Alloy Steel
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Stainless Steel
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Tool Steel
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Application
    8.1    Building and Infrastructure
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive and Other Transport
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Mechanical Equipment
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Allegheny Technologies Incorporated
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Arcelormittal
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    China Steel Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
        14.3.4    Hyundai Steel Co. Ltd
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    JFE Steel Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Nippon Steel Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    POSCO
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    SSAB AB
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    Tata Steel Limited
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    thyssenkrupp AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    United States Steel Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    voestalpine Stahl GmbH
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Flat Steel Market: Major Drivers and Challenges
Figure 2: Global: Flat Steel Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Flat Steel Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Flat Steel Market: Breakup by Product (in %), 2020
Figure 5: Global: Flat Steel Market: Breakup by Material (in %), 2020
Figure 6: Global: Flat Steel Market: Breakup by Application (in %), 2020
Figure 7: Global: Flat Steel Market: Breakup by Region (in %), 2020
Figure 8: Global: Flat Steel (Sheet and Strips) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Flat Steel (Sheet and Strips) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Flat Steel (Plates) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Flat Steel (Plates) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Flat Steel (Carbon Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Flat Steel (Carbon Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Flat Steel (Alloy Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Flat Steel (Alloy Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Flat Steel (Stainless Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Flat Steel (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Flat Steel (Tool Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Flat Steel (Tool Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Flat Steel (Building and Infrastructure) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Flat Steel (Building and Infrastructure) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Flat Steel (Automotive and Other Transport) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Flat Steel (Automotive and Other Transport) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Flat Steel (Mechanical Equipment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Flat Steel (Mechanical Equipment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Flat Steel (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Flat Steel (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: North America: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: United States: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: United States: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Canada: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Canada: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia-Pacific: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia-Pacific: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: China: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: China: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Japan: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Japan: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: India: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: India: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: South Korea: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: South Korea: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Australia: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Australia: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Indonesia: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Indonesia: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Others: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Others: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Europe: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Europe: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Germany: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Germany: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: France: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: France: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: United Kingdom: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: United Kingdom: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Italy: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Italy: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Spain: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Spain: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Russia: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Russia: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Latin America: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Latin America: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Brazil: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Brazil: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Mexico: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Mexico: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Middle East and Africa: Flat Steel Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Middle East and Africa: Flat Steel Market: Breakup by Country (in %), 2020
Figure 76: Middle East and Africa: Flat Steel Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Global: Flat Steel Industry: SWOT Analysis
Figure 78: Global: Flat Steel Industry: Value Chain Analysis
Figure 79: Global: Flat Steel Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Flat Steel Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Flat Steel Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Flat Steel Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: Global: Flat Steel Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Flat Steel Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Flat Steel Market: Competitive Structure
Table 7: Global: Flat Steel Market: Key Players

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