Wednesday, March 30th, 2016 - WiseGuyReports

WiseGuyReports.com adds  “Steel Flat-Rolled Products Industry 2016 Global Market Research Report & Forecast to 2020”reports to its database. We can offer you discount on this report.

This market research report presents a detailed segmentation of the global steel flat-rolled products market by end-user (construction, infrastructure and transport, automobile, consumer good, defense, packaging, and others), and by geography (the Americas, APAC, Europe, and MEA). The key leading vendors identified in the market are ArcelorMittal, JFE Steel, NSSMC, POSCO, Shanghai Baosteel Group, and United States Steel.

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Overview of the steel flat-rolled products market 
Technavio’s market research analyst predicts the global steel flat-rolled products market to grow at a CAGR of close to 6% over the forecast period. The rapid increase in industrialization and development in APAC countries like India, China, and South Korea will boost the demand for steel flat-rolled products globally. For instance, the construction market in China is expected to grow to nearly USD 2.5 trillion by 2019. Since flat-rolled products find extensive applications in the construction of internal walls, cladding, and purlins, the growth in the construction sector will translate into the demand for steel flat-rolled products until the end of 2020. Moreover, the rapid urbanization, substantial investments in the infrastructure sector, and the banning of iron-ore mining in India are expected to the drive the market for steel flat-rolled products over the forecast period.

The extensive applications of steel in the construction industry will continue to propel the prospects of growth of this market during the forecast period. Steel is the most important engineering material, but its production is an extremely energy-intensive process. The recent technological advancements and extensive research and development has reduced the energy consumption and will eventually lead to the reduction in the emission of greenhouse gasses. Therefore, the use of steel as a sustainable material is expected to aid in the growth of the steel flat-rolled products market until the end of 2020.

Segmentation by end-user and analysis of the steel flat-rolled products market 
- Construction 
- Infrastructure and transport 
- Automobile 
- Consumer goods 
- Packaging 
- Defense 
During 2015, the construction segment dominated the global steel flat-rolled products market and accounted for close to 33% of the market share. Flat-rolled products are mostly used in roofing, wall, and ceiling cladding applications. With the rapid increase in construction activities and industrialization, the market for flat-rolled products in the construction sector is expected to reach nearly 320 million metric tons on the basis of volume by 2020.

Geographical segmentation and analysis of the steel flat-rolled products market 
- Americas 
- APAC 
- Europe 
- MEA 
In this market study, the analysts have estimated APAC to be the largest market for steel flat-rolled products and is expected to account for more than 65% of the market share by the end of 2020. The market for steel flat-rolled products in APAC is driven by the increasing demand coming from the automobile and construction sectors. The rapid development of emerging economies like India and China has resulted in an increase in investments in the construction sector which will positively impact the steel flat-rolled products market until the end of 2020.

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Competitive landscape and key vendors 
The global market for steel flat-rolled products market is highly competitive with a few leading vendors in the market. However, with an increase in the number of new suppliers, the market share of the top vendors is declining. Intense competition, technological advancements, and changes in market preferences are some of the risk factors associated with this market.

Key vendors in this market are -

ArcelorMittal 
JFE Steel 
NSSMC 
POSCO 
Shanghai Baosteel Group 
United States Steel 
Other prominent vendors in the market are Jiangsu Shagang Group, AK Steel, Ansteel, Hebei Iron and Steel, and Nucor.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global steel flat-rolled products market? 
- What are the key market trends impacting the growth of the global steel flat-rolled products market? 
- What are the challenges to market growth? 
- Who are the key vendors in the global steel flat-rolled products market? 
- What are the market opportunities and threats faced by the vendors in the global steel flat-rolled products market? 
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA 
- What are the key outcomes of the five forces analysis of the global steel flat-rolled products market?

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