Global Steel Processing Market Size study, By Steel Product, By Steel Type, By End-User, and Regional Forecasts 2022-2028

Description

List of Tables

Global Steel Processing Market is valued at approximately USD 656.31 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.16% over the forecast period 2022-2028. Steel processing is a technique of manufacturing Steel materials by eliminating the impurities that can decrease the quality of the Steel. In steel processing Steel forming is done through cold rolling and hot rolling and using processes like steel pickling and steel blanking. In this method, alloying elements such as manganese, nickel, chromium are added that enhances the strength and quality of the steel. Steel gains huge traction across industries such as automotive, marine, defense, and aerospace because it presents properties like flexibility, high strength, and high welding capacity. In addition, the rapid industrialization and increasing population in urban regions require a large number of new steel products, rising infrastructure investment, and growth of the consumer appliances, construction, and automotive industries are the primary factors that are augmenting the market growth across the globe. For instance, as per the European Automobile Manufacturers Association, the European automotive investment in R&D was recorded by 6.7% in 2019 and is likely to reach USD 62.17 (€57.4) billion per annum. Therefore, the rising investment in R&D activities is leading to the development of the automotive sector, which, in turn, accelerates the growth of the Steel processing market worldwide. However, volatility in raw materials prices impedes the growth of the market over the forecast period of 2022-2028. Also, optimum utilization of Steel scrap helps the industry to protect the environment by saving natural resources are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Steel Processing market study include Asia Pacific, North America, Europe, Latin America, and the rest of the World. North America is the leading region across the world in terms of market share owing to the presence of leading Steel processing companies and the development of the construction and automotive sector. Whereas Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing industrialization, rapid urbanization, as well as growth of emerging countries such as India and China would create lucrative growth prospects for the Steel Processing market across the Asia-Pacific region.

Major market players included in this report are:

POSCO

TATA Steel Ltd.

ArcelorMittal

BaoSteel Group Corporation

Nippon Steel & Sumitomo Metal Corporation

JFE Holdings, Inc.

United States Steel

Angang Steel Company Limited

Gerdau SA

Maanshan Iron and Steel Company Limited

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 Steel Type

Alloy Steel

Carbon Steel

By Steel Products

Flat Steel

Long Steel

Tubular Steel

By End-User

Construction

Shipping

Energy

Packaging

Consumer appliances industry

Housing

Automotive

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Steel Processing Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Steel Processing Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Steel Processing Market, by Steel Type, 2020-2028 (USD Billion)
- 1.2.3. Steel Processing Market, by Steel Products, 2020-2028 (USD Billion)
- 1.2.4. Steel Processing Market, by End-User, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Steel Processing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Steel Processing Market Dynamics

3.1. Steel Processing Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing industrialization stimulates the production of more steel
  - 3.1.1.2. Growing infrastructure investment propels the need for steel
- 3.1.2. Market Challenges
  - 3.1.2.1. Volatility in raw materials prices
- 3.1.3. Market Opportunities
  - 3.1.3.1. Optimum utilization of steel scrap helps the industry to protect the environment by saving natural resources

Chapter 4. Global Steel Processing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Steel Processing Market, by Steel Type

6.1. Market Snapshot
6.2. Global Steel Processing Market by Steel Type, Performance - Potential Analysis
6.3. Global Steel Processing Market Estimates & Forecasts by Steel Type, 2019-2028 (USD Billion)
6.4. Steel Processing Market, Sub Segment Analysis
- 6.4.1. Alloy steel
- 6.4.2. Carbon steel

Chapter 7. Global Steel Processing Market, by Steel Products

7.1. Market Snapshot
7.2. Global Steel Processing Market by Steel Products, Performance - Potential Analysis
7.3. Global Steel Processing Market Estimates & Forecasts by Steel Products, 2019-2028 (USD Billion)
7.4. Steel Processing Market, Sub Segment Analysis
- 7.4.1. Flat steel
- 7.4.2. Long steel
- 7.4.3. Tubular steel

Chapter 8. Global Steel Processing Market, by End-User

8.1. Market Snapshot
8.2. Global Steel Processing Market by End-User, Performance - Potential Analysis
8.3. Global Steel Processing Market Estimates & Forecasts by End-User, 2019-2028 (USD Billion)
8.4. Steel Processing Market, Sub Segment Analysis
- 8.4.1. Construction
- 8.4.2. Shipping
- 8.4.3. Energy
- 8.4.4. Packaging
- 8.4.5. Consumer appliances industry
- 8.4.6. Housing
- 8.4.7. Automotive
- 8.4.8. Others

Chapter 9. Global Steel Processing Market, Regional Analysis

9.1. Steel Processing Market, Regional Market Snapshot
9.2. North America Steel Processing Market
- 9.2.1. U.S. Steel Processing Market
  - 9.2.1.1. Steel Type estimates & forecasts, 2019-2028
  - 9.2.1.2. Steel Products estimates & forecasts, 2019-2028
  - 9.2.1.3. End-User estimates & forecasts, 2019-2028
- 9.2.2. Canada Steel Processing Market
9.3. Europe Steel Processing Market Snapshot
- 9.3.1. U.K. Steel Processing Market
- 9.3.2. Germany Steel Processing Market
- 9.3.3. France Steel Processing Market
- 9.3.4. Spain Steel Processing Market
- 9.3.5. Italy Steel Processing Market
- 9.3.6. Rest of Europe Steel Processing Market
9.4. Asia-Pacific Steel Processing Market Snapshot
- 9.4.1. China Steel Processing Market
- 9.4.2. India Steel Processing Market
- 9.4.3. Japan Steel Processing Market
- 9.4.4. Australia Steel Processing Market
- 9.4.5. South Korea Steel Processing Market
- 9.4.6. Rest of Asia Pacific Steel Processing Market
9.5. Latin America Steel Processing Market Snapshot
- 9.5.1. Brazil Steel Processing Market
- 9.5.2. Mexico Steel Processing Market
9.6. Rest of The World Steel Processing Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. POSCO
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. TATA Steel Ltd.
- 10.2.3. ArcelorMittal
- 10.2.4. Baosteel Group Corporation
- 10.2.5. Nippon Steel & Sumitomo Metal Corporation
- 10.2.6. JFE Holdings, Inc.
- 10.2.7. United States Steel
- 10.2.8. Angang Steel Company Limited
- 10.2.9. Gerdau SA
- 10.2.10. Maanshan Iron and Steel Company Limited

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Steel Processing Market, report scope
TABLE 2. Global Steel Processing Market estimates & forecasts by Region 2019-2028 (USD Billion)
TABLE 3. Global Steel Processing Market estimates & forecasts by Steel Type 2019-2028 (USD Billion)
TABLE 4. Global Steel Processing Market estimates & forecasts by Steel Products 2019-2028 (USD Billion)
TABLE 5. Global Steel Processing Market estimates & forecasts by End-User 2019-2028 (USD Billion)
TABLE 6. Global Steel Processing Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 7. Global Steel Processing Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 8. Global Steel Processing Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 9. Global Steel Processing Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 10. Global Steel Processing Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 11. Global Steel Processing Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 12. Global Steel Processing Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 13. Global Steel Processing Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 14. Global Steel Processing Market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 15. Global Steel Processing Market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 16. U.S. Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 17. U.S. Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 18. U.S. Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 19. Canada Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 20. Canada Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 21. Canada Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 22. UK Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 23. UK Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 24. UK Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 25. Germany Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 26. Germany Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 27. Germany Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 28. RoE Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 29. RoE Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 30. RoE Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 31. China Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 32. China Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 33. China Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 34. India Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 35. India Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 36. India Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 37. Japan Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 38. Japan Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 39. Japan Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 40. RoAPAC Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 41. RoAPAC Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 42. RoAPAC Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 43. Brazil Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 44. Brazil Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 45. Brazil Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 46. Mexico Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 47. Mexico Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 48. Mexico Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 49. RoLA Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 50. RoLA Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 51. RoLA Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 52. Row Steel Processing Market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 53. Row Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 54. Row Steel Processing Market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 55. List of secondary sources, used in the study of Global Steel Processing Market
TABLE 56. List of primary sources, used in the study of Global Steel Processing Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Steel Processing Market, research methodology
FIG 2. Global Steel Processing Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Steel Processing Market, key trends 2021
FIG 5. Global Steel Processing Market, growth prospects 2022-2028
FIG 6. Global Steel Processing Market, porters 5 force model
FIG 7. Global Steel Processing Market, pest analysis
FIG 8. Global Steel Processing Market, value chain analysis
FIG 9. Global Steel Processing Market by segment, 2019 & 2028 (USD Billion)
FIG 10. Global Steel Processing Market by segment, 2019 & 2028 (USD Billion)
FIG 11. Global Steel Processing Market by segment, 2019 & 2028 (USD Billion)
FIG 12. Global Steel Processing Market by segment, 2019 & 2028 (USD Billion)
FIG 13. Global Steel Processing Market by segment, 2019 & 2028 (USD Billion)
FIG 14. Global Steel Processing Market, regional snapshot 2019 & 2028
FIG 15. North America Steel Processing Market 2019 & 2028 (USD Billion)
FIG 16. Europe Steel Processing Market 2019 & 2028 (USD Billion)
FIG 17. Asia pacific Steel Processing Market 2019 & 2028 (USD Billion)
FIG 18. Latin America Steel Processing Market 2019 & 2028 (USD Billion)
FIG 19. Global Steel Processing Market, company market share analysis (2021)