Carbon Steel Market By Type, By End user, By Product : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Carbon Steel Market" The carbon steel market size was valued at $0.9 trillion in 2022, and is estimated to reach $1.3 trillion by 2032, growing at a CAGR of 3.6% from 2023 to 2032.

Carbon steel is a type of steel that primarily consists of iron and carbon, with trace amounts of other elements. This type of steel is the most popular and frequently encountered in a variety of sectors due to its low cost and favorable mechanical qualities. Carbon steel typically has a carbon percentage ranging from 0.05 percent to 2.0 percent. It is categorized into three main types based on its carbon content: low carbon steel, medium carbon steel, and high carbon steel. Carbon steel is used in a wide range of sectors, including construction, automotive, equipment, infrastructure, oil and gas, and others. It can be found in tools, pipelines, bridges, structural elements, and many pieces of industrial machinery.

The wide utilization of carbon steel in the automobile industry drives the growth of the market. Carbon steel is an effective material for structural elements and parts that require high load-bearing capacity due to its superior strength and durability. It can withstand the strains and forces applied to the vehicle's chassis, suspension, and different structural reinforcements. Carbon steel is used for producing various structural elements, including chassis, body panels, frame rails, and reinforcing bars. It is ideal for supporting the vehicle's weight and retaining structural integrity due to its prominent levels of strength, stiffness, and durability. Moreover, carbon steel is cheaper when compared to other materials like aluminum or modern high-strength steel. Because of its lower cost, it is frequently used for large-scale production in the automobile sector, where cost-effectiveness is vital.

Manufacturers can efficiently shape carbon steel into intricate parts and components as it is simple to form, mold, and weld. It has good ductility, allowing for the development of complex designs and customization for various vehicle models. It is an excellent choice for ensuring crash protection and occupant safety in automobiles due to its great strength and impact resistance. It can absorb and release energy during crashes, reducing the risk of deformation and safeguarding the passengers. Therefore, the carbon steel market is expanding due to the widespread use of carbon steel in the automobile industry and its advantageous mechanical properties, affordability, and adaptability.

The rise in infrastructural development has boosted the demand for carbon steel as it is widely used in residential and commercial buildings. The construction of structural components, including beams, columns, and load-bearing parts, often requires carbon steel. It can support enormous loads and provide stability to structures and buildings due to its tremendous strength. In addition, concrete foundations, slabs, walls, and beams are all reinforced with carbon steel rebars. They increase the concrete's tensile strength and resilience, ensuring structural integrity and resistance to collapse or cracking.

Bolts, screws, nails, and anchors are just a few examples of the different connectors and fasteners used in construction. These fasteners offer dependable connections between various building components, such as wooden, concrete, or steel ones. Furthermore, in HVAC systems, carbon steel ductwork is frequently used to deliver conditioned air throughout buildings. The durability and long life of carbon steel ducts are ensured by the material's resistance to temperature fluctuations, as well as its strength and rigidity. Carbon steel is frequently used in the construction of stairways, handrails, and balustrades due to its structural durability and aesthetically pleasing appearance. It can be molded into many different patterns and finishes, offering both safety and aesthetic appeal. Owing to these factors, the demand for the carbon steel market will increase significantly during the forecast period. The complex manufacturing process of carbon steel restrains the growth of the market. Iron ore, coal, and other raw materials used in carbon steel production can have a wide range of qualities and characteristics. Variations in the chemical composition, impurity content, and physical attributes of these components might impact the final properties of the steel.

The carbon steel market is divided on the basis of type, product, end-use industry, and region. On the basis of type, the market is classified into low carbon steel, medium carbon steel, high carbon steel, and others. On the basis of product, the market is classified into carbon steel, alloy steel, and stainless steel. On the basis of the end-use industry, the market is segregated into building and construction, automotive, shipbuilding, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global carbon steel market are AK Steel International B.V., ArcelorMittal, Daido Steel Co., Ltd., Dongbei Special Steel Group International Trade Co., Ltd., HBIS Group, Kobe Steel, Ltd., Marcegaglia, Nippon Steel Corporation, NLMK, and United States Steel Corporation.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the carbon steel market analysis from 2022 to 2032 to identify the prevailing carbon steel market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the carbon steel market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global carbon steel market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

Low carbon steel
Medium carbon steel
High carbon steel
Others

By End user

Building and construction
Automotive
Shipbuilding
Others

By Product

Carbon steel
Alloy steel
Stainless steel

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- Italy
- Spain
- UK
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA

Key Market Players:

AK Steel International B.V.
ArcelorMittal
Daido Steel Co., Ltd.
Dongbei Special Steel Group International Trade Co., Ltd.
HBIS Group Co., Ltd.
Kobe Steel, Ltd.
Marcegaglia
Nippon Steel Corporation
NLMK
United States Steel Corporation

Product Code: A08203

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Lucrative use of carbon steel in the automotive industry
  - 3.4.1.2. Infrastructural development
  - 3.4.1.3. Surge in renewable energy sources

3.4.2. Restraints
- 3.4.2.1. Complex manufacturing process
- 3.4.2.2. Susceptibility to corrosion

3.4.3. Opportunities
- 3.4.3.1. Increase usage of carbon steel in oil and gas sectors

3.5. COVID-19 Impact Analysis on the market
3.6. Patent Landscape
3.7. Pricing Analysis
3.8. Regulatory Guidelines

CHAPTER 4: CARBON STEEL MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Low carbon steel
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Medium carbon steel
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. High carbon steel
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: CARBON STEEL MARKET, BY END USER

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Building and construction
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Automotive
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Shipbuilding
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: CARBON STEEL MARKET, BY PRODUCT

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Carbon steel
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Alloy steel
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Stainless steel
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: CARBON STEEL MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by End user
- 7.2.4. Market size and forecast, by Product
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Key market trends, growth factors and opportunities
  - 7.2.5.1.2. Market size and forecast, by Type
  - 7.2.5.1.3. Market size and forecast, by End user
  - 7.2.5.1.4. Market size and forecast, by Product
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Key market trends, growth factors and opportunities
  - 7.2.5.2.2. Market size and forecast, by Type
  - 7.2.5.2.3. Market size and forecast, by End user
  - 7.2.5.2.4. Market size and forecast, by Product
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Key market trends, growth factors and opportunities
  - 7.2.5.3.2. Market size and forecast, by Type
  - 7.2.5.3.3. Market size and forecast, by End user
  - 7.2.5.3.4. Market size and forecast, by Product
7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by End user
- 7.3.4. Market size and forecast, by Product
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Key market trends, growth factors and opportunities
  - 7.3.5.1.2. Market size and forecast, by Type
  - 7.3.5.1.3. Market size and forecast, by End user
  - 7.3.5.1.4. Market size and forecast, by Product
  - 7.3.5.2. Italy
  - 7.3.5.2.1. Key market trends, growth factors and opportunities
  - 7.3.5.2.2. Market size and forecast, by Type
  - 7.3.5.2.3. Market size and forecast, by End user
  - 7.3.5.2.4. Market size and forecast, by Product
  - 7.3.5.3. Spain
  - 7.3.5.3.1. Key market trends, growth factors and opportunities
  - 7.3.5.3.2. Market size and forecast, by Type
  - 7.3.5.3.3. Market size and forecast, by End user
  - 7.3.5.3.4. Market size and forecast, by Product
  - 7.3.5.4. UK
  - 7.3.5.4.1. Key market trends, growth factors and opportunities
  - 7.3.5.4.2. Market size and forecast, by Type
  - 7.3.5.4.3. Market size and forecast, by End user
  - 7.3.5.4.4. Market size and forecast, by Product
  - 7.3.5.5. France
  - 7.3.5.5.1. Key market trends, growth factors and opportunities
  - 7.3.5.5.2. Market size and forecast, by Type
  - 7.3.5.5.3. Market size and forecast, by End user
  - 7.3.5.5.4. Market size and forecast, by Product
  - 7.3.5.6. Rest of Europe
  - 7.3.5.6.1. Key market trends, growth factors and opportunities
  - 7.3.5.6.2. Market size and forecast, by Type
  - 7.3.5.6.3. Market size and forecast, by End user
  - 7.3.5.6.4. Market size and forecast, by Product
7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by End user
- 7.4.4. Market size and forecast, by Product
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Key market trends, growth factors and opportunities
  - 7.4.5.1.2. Market size and forecast, by Type
  - 7.4.5.1.3. Market size and forecast, by End user
  - 7.4.5.1.4. Market size and forecast, by Product
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Key market trends, growth factors and opportunities
  - 7.4.5.2.2. Market size and forecast, by Type
  - 7.4.5.2.3. Market size and forecast, by End user
  - 7.4.5.2.4. Market size and forecast, by Product
  - 7.4.5.3. India
  - 7.4.5.3.1. Key market trends, growth factors and opportunities
  - 7.4.5.3.2. Market size and forecast, by Type
  - 7.4.5.3.3. Market size and forecast, by End user
  - 7.4.5.3.4. Market size and forecast, by Product
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Key market trends, growth factors and opportunities
  - 7.4.5.4.2. Market size and forecast, by Type
  - 7.4.5.4.3. Market size and forecast, by End user
  - 7.4.5.4.4. Market size and forecast, by Product
  - 7.4.5.5. Australia
  - 7.4.5.5.1. Key market trends, growth factors and opportunities
  - 7.4.5.5.2. Market size and forecast, by Type
  - 7.4.5.5.3. Market size and forecast, by End user
  - 7.4.5.5.4. Market size and forecast, by Product
  - 7.4.5.6. Rest of Asia-Pacific
  - 7.4.5.6.1. Key market trends, growth factors and opportunities
  - 7.4.5.6.2. Market size and forecast, by Type
  - 7.4.5.6.3. Market size and forecast, by End user
  - 7.4.5.6.4. Market size and forecast, by Product
7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by End user
- 7.5.4. Market size and forecast, by Product
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Key market trends, growth factors and opportunities
  - 7.5.5.1.2. Market size and forecast, by Type
  - 7.5.5.1.3. Market size and forecast, by End user
  - 7.5.5.1.4. Market size and forecast, by Product
  - 7.5.5.2. South Africa
  - 7.5.5.2.1. Key market trends, growth factors and opportunities
  - 7.5.5.2.2. Market size and forecast, by Type
  - 7.5.5.2.3. Market size and forecast, by End user
  - 7.5.5.2.4. Market size and forecast, by Product
  - 7.5.5.3. Saudi Arabia
  - 7.5.5.3.1. Key market trends, growth factors and opportunities
  - 7.5.5.3.2. Market size and forecast, by Type
  - 7.5.5.3.3. Market size and forecast, by End user
  - 7.5.5.3.4. Market size and forecast, by Product
  - 7.5.5.4. Rest of LAMEA
  - 7.5.5.4.1. Key market trends, growth factors and opportunities
  - 7.5.5.4.2. Market size and forecast, by Type
  - 7.5.5.4.3. Market size and forecast, by End user
  - 7.5.5.4.4. Market size and forecast, by Product

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. ArcelorMittal
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
9.2. Daido Steel Co., Ltd.
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
9.3. Nippon Steel Corporation
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. HBIS Group Co., Ltd.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
9.5. AK Steel International B.V.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
9.6. NLMK
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
9.7. Dongbei Special Steel Group International Trade Co., Ltd.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
9.8. Marcegaglia
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
9.9. United States Steel Corporation
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
9.10. Kobe Steel, Ltd.
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance