Coated Steel Trends and Forecast
The future of the global coated steel market looks promising with opportunities in the building & construction, appliances, and automotive markets. The global coated steel market is expected to reach an estimated $33.6 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing demand for stainless steel, rising demands for lightweight materials, and expanding demand for this material from construction and automotive sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Coated Steel by Segment
The study includes a forecast for the global coated steel by resin type, application, and region.
Coated Steel Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:
• Polyester
• Fluoropolymer
• Siliconized Polyester
• Plastisol
• Others
Coated Steel Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Building & Construction
• Appliances
• Automotive
• Others
Coated Steel Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Coated Steel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies coated steel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the coated steel companies profiled in this report include-
• ArcelorMittal
• SSAB
• Salzgitter
• OJSC Novolipetsk Steel
• Voestalpine
• ThyssenKrupp
• Nippon Steel & Sumitomo Metal
Coated Steel Market Insights
Lucintel forecasts that polyester is expected to witness the highest growth over the forecast period.
Within this market, building & construction is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Coated Steel Market
Market Size Estimates: Coated steel market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Coated steel market size by resin type, application, and region in terms of value ($B).
Regional Analysis: Coated steel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin types, applications, and regions for the coated steel market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the coated steel market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the coated steel market size?
Answer: The global coated steel market is expected to reach an estimated $33.6 billion by 2030.
Q2. What is the growth forecast for coated steel market?
Answer: The global coated steel market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the coated steel market?
Answer: The major drivers for this market are increasing demand for stainless steel, rising demands for lightweight materials, and expanding demand for this material from construction and automotive sector.
Q4. What are the major segments for coated steel market?
Answer: The future of the coated steel market looks promising with opportunities in the building & construction, appliances, and automotive markets.
Q5. Who are the key coated steel market companies?
Answer: Some of the key coated steel companies are as follows:
• ArcelorMittal
• SSAB
• Salzgitter
• OJSC Novolipetsk Steel
• Voestalpine
• ThyssenKrupp
• Nippon Steel & Sumitomo Metal
Q6. Which coated steel market segment will be the largest in future?
Answer: Lucintel forecasts that polyester is expected to witness the highest growth over the forecast period.
Q7. In coated steel market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the coated steel market by resin type (polyester, fluoropolymer, siliconized polyester, plastisol, and others), application (building & construction, appliances, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Coated Steel Market, Coated Steel Market Size, Coated Steel Market Growth, Coated Steel Market Analysis, Coated Steel Market Report, Coated Steel Market Share, Coated Steel Market Trends, Coated Steel Market Forecast, Coated Steel Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.