Steel Processing Market By Method, By Steel Type, By Product, By End-use Industry : Global Opportunity Analysis and Industry Forecast, 2022-2031

Description

List of Tables

Steel processing is an essential part of the manufacturing industry, as steel is a widely used material in various sectors, including construction, automotive, aerospace, energy, and many others. The processing of steel involves various stages, starting from the production of raw steel through smelting and refining of iron ore and other materials, to the shaping and finishing of the steel products.

The demand for steel in the automotive industry has been increasing due to the need for lightweight and fuel-efficient vehicles. Steel is a popular material in the automotive industry because of its high strength-to-weight ratio, durability, and affordability. Automakers are constantly looking for ways to reduce the weight of their vehicles to meet fuel efficiency standards and reduce emissions. Steel manufacturers have responded to this demand by developing new high-strength steel alloys that are lighter and stronger than traditional steel. In addition to its use in body frames, engine components, and suspension systems, steel is also used in various other parts of the car, such as the exhaust system, brake components, and wheels. As a result, the increasing demand for automobiles worldwide is driving the growth of the steel processing market.

The steel processing market is facing competition from alternative materials like aluminum, plastic, and composites. These materials have gained popularity in various industries due to their unique properties and benefits. For instance, aluminum is lightweight and has excellent corrosion resistance, making it ideal for applications in the aerospace and automotive industries. Plastics, on the other hand, are lightweight and easy to mold, making them ideal for applications in the packaging and consumer goods industries. Composites offer high strength-to-weight ratios, making them ideal for applications in the construction and transportation industries.

The technological advancements have certainly created opportunities for companies in the steel processing market. With the development of more advanced processing techniques, companies can produce high-quality steel products more efficiently and cost-effectively. This not only helps them to increase their production capacity but also enables them to meet the growing demand for steel products from various industries. For example, advanced computer simulation tools and automation systems have improved the accuracy and speed of steel processing, reducing the need for manual labor and improving safety. Similarly, the use of advanced sensors and monitoring systems has enabled companies to optimize their production processes and minimize waste.

The COVID-19 pandemic brought several uncertainties leading to severe economic losses as various businesses across the world were on a standstill. The COVID-19 pandemic has had a significant impact on the global steel processing market. The pandemic led to a sharp decline in demand for steel products in various sectors of the economy, including construction, automotive, and manufacturing. Many countries implemented lockdown measures that resulted in the temporary closure of steel processing facilities, leading to reduced production and supply chain disruptions. The pandemic also disrupted global supply chains, leading to delays in the delivery of raw materials, such as iron ore and coking coal, to steel processing facilities. This, in turn, led to reduced production and increased costs for steel producers.

The key players profiled in this report include: China Baowu Group, ArcelorMittal, Ansteel Group, Nippon Steel Corporation, Shagang Group, POSCO, HBIS Group, Jianlong Group, Shougang Group, and Tata Steel Group.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the steel processing market analysis from 2021 to 2031 to identify the prevailing steel processing 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 steel processing 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 steel processing market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Method

Blast Furnace
Electric Arc Furnace

By Steel Type

Alloy Steel
Carbon Steel

By Product

Flat Steel
Long Steel
Tubular Steel

By End-use Industry

Building and Infrastructure
Automotive
Metal Products
Mechanical Equipment
Transport
Electrical Equipment
Domestic Appliances

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Russia
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Vietnam
- Rest of Asia-Pacific
LAMEA
- Brazil
- United Arab Emirates
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

Ansteel Group
ArcelorMittal
China Baowu Group
China Jianlong Steel Industriai Co Ltd.
HBIS Group
Jiangsu Shagang Group
Nippon Steel Corporation
POSCO
Shougang Group Co., Ltd.
Tata Steel Limited

Product Code: A49164

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
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Brand Share Analysis
3.7. Key Regulation Analysis
3.8. Market Share Analysis
3.9. Patent Landscape
3.10. Regulatory Guidelines
3.11. Value Chain Analysis

CHAPTER 4: STEEL PROCESSING MARKET, BY METHOD

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Blast Furnace
- 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. Electric Arc Furnace
- 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

CHAPTER 5: STEEL PROCESSING MARKET, BY STEEL TYPE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Alloy Steel
- 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. Carbon Steel
- 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

CHAPTER 6: STEEL PROCESSING MARKET, BY PRODUCT

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Flat 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. Long 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. Tubular 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: STEEL PROCESSING MARKET, BY END-USE INDUSTRY

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Building and Infrastructure
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Automotive
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Metal Products
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
7.5. Mechanical Equipment
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
7.6. Transport
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
7.7. Electrical Equipment
- 7.7.1. Key market trends, growth factors and opportunities
- 7.7.2. Market size and forecast, by region
- 7.7.3. Market share analysis by country
7.8. Domestic Appliances
- 7.8.1. Key market trends, growth factors and opportunities
- 7.8.2. Market size and forecast, by region
- 7.8.3. Market share analysis by country

CHAPTER 8: STEEL PROCESSING MARKET, BY REGION

8.1. Overview
- 8.1.1. Market size and forecast By Region
8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Method
- 8.2.3. Market size and forecast, by Steel Type
- 8.2.4. Market size and forecast, by Product
- 8.2.5. Market size and forecast, by End-use Industry
- 8.2.6. Market size and forecast, by country
  - 8.2.6.1. U.S.
  - 8.2.6.1.1. Key market trends, growth factors and opportunities
  - 8.2.6.1.2. Market size and forecast, by Method
  - 8.2.6.1.3. Market size and forecast, by Steel Type
  - 8.2.6.1.4. Market size and forecast, by Product
  - 8.2.6.1.5. Market size and forecast, by End-use Industry
  - 8.2.6.2. Canada
  - 8.2.6.2.1. Key market trends, growth factors and opportunities
  - 8.2.6.2.2. Market size and forecast, by Method
  - 8.2.6.2.3. Market size and forecast, by Steel Type
  - 8.2.6.2.4. Market size and forecast, by Product
  - 8.2.6.2.5. Market size and forecast, by End-use Industry
  - 8.2.6.3. Mexico
  - 8.2.6.3.1. Key market trends, growth factors and opportunities
  - 8.2.6.3.2. Market size and forecast, by Method
  - 8.2.6.3.3. Market size and forecast, by Steel Type
  - 8.2.6.3.4. Market size and forecast, by Product
  - 8.2.6.3.5. Market size and forecast, by End-use Industry
8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Method
- 8.3.3. Market size and forecast, by Steel Type
- 8.3.4. Market size and forecast, by Product
- 8.3.5. Market size and forecast, by End-use Industry
- 8.3.6. Market size and forecast, by country
  - 8.3.6.1. Russia
  - 8.3.6.1.1. Key market trends, growth factors and opportunities
  - 8.3.6.1.2. Market size and forecast, by Method
  - 8.3.6.1.3. Market size and forecast, by Steel Type
  - 8.3.6.1.4. Market size and forecast, by Product
  - 8.3.6.1.5. Market size and forecast, by End-use Industry
  - 8.3.6.2. Germany
  - 8.3.6.2.1. Key market trends, growth factors and opportunities
  - 8.3.6.2.2. Market size and forecast, by Method
  - 8.3.6.2.3. Market size and forecast, by Steel Type
  - 8.3.6.2.4. Market size and forecast, by Product
  - 8.3.6.2.5. Market size and forecast, by End-use Industry
  - 8.3.6.3. Italy
  - 8.3.6.3.1. Key market trends, growth factors and opportunities
  - 8.3.6.3.2. Market size and forecast, by Method
  - 8.3.6.3.3. Market size and forecast, by Steel Type
  - 8.3.6.3.4. Market size and forecast, by Product
  - 8.3.6.3.5. Market size and forecast, by End-use Industry
  - 8.3.6.4. Spain
  - 8.3.6.4.1. Key market trends, growth factors and opportunities
  - 8.3.6.4.2. Market size and forecast, by Method
  - 8.3.6.4.3. Market size and forecast, by Steel Type
  - 8.3.6.4.4. Market size and forecast, by Product
  - 8.3.6.4.5. Market size and forecast, by End-use Industry
  - 8.3.6.5. France
  - 8.3.6.5.1. Key market trends, growth factors and opportunities
  - 8.3.6.5.2. Market size and forecast, by Method
  - 8.3.6.5.3. Market size and forecast, by Steel Type
  - 8.3.6.5.4. Market size and forecast, by Product
  - 8.3.6.5.5. Market size and forecast, by End-use Industry
  - 8.3.6.6. Rest of Europe
  - 8.3.6.6.1. Key market trends, growth factors and opportunities
  - 8.3.6.6.2. Market size and forecast, by Method
  - 8.3.6.6.3. Market size and forecast, by Steel Type
  - 8.3.6.6.4. Market size and forecast, by Product
  - 8.3.6.6.5. Market size and forecast, by End-use Industry
8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Method
- 8.4.3. Market size and forecast, by Steel Type
- 8.4.4. Market size and forecast, by Product
- 8.4.5. Market size and forecast, by End-use Industry
- 8.4.6. Market size and forecast, by country
  - 8.4.6.1. China
  - 8.4.6.1.1. Key market trends, growth factors and opportunities
  - 8.4.6.1.2. Market size and forecast, by Method
  - 8.4.6.1.3. Market size and forecast, by Steel Type
  - 8.4.6.1.4. Market size and forecast, by Product
  - 8.4.6.1.5. Market size and forecast, by End-use Industry
  - 8.4.6.2. India
  - 8.4.6.2.1. Key market trends, growth factors and opportunities
  - 8.4.6.2.2. Market size and forecast, by Method
  - 8.4.6.2.3. Market size and forecast, by Steel Type
  - 8.4.6.2.4. Market size and forecast, by Product
  - 8.4.6.2.5. Market size and forecast, by End-use Industry
  - 8.4.6.3. Japan
  - 8.4.6.3.1. Key market trends, growth factors and opportunities
  - 8.4.6.3.2. Market size and forecast, by Method
  - 8.4.6.3.3. Market size and forecast, by Steel Type
  - 8.4.6.3.4. Market size and forecast, by Product
  - 8.4.6.3.5. Market size and forecast, by End-use Industry
  - 8.4.6.4. South Korea
  - 8.4.6.4.1. Key market trends, growth factors and opportunities
  - 8.4.6.4.2. Market size and forecast, by Method
  - 8.4.6.4.3. Market size and forecast, by Steel Type
  - 8.4.6.4.4. Market size and forecast, by Product
  - 8.4.6.4.5. Market size and forecast, by End-use Industry
  - 8.4.6.5. Vietnam
  - 8.4.6.5.1. Key market trends, growth factors and opportunities
  - 8.4.6.5.2. Market size and forecast, by Method
  - 8.4.6.5.3. Market size and forecast, by Steel Type
  - 8.4.6.5.4. Market size and forecast, by Product
  - 8.4.6.5.5. Market size and forecast, by End-use Industry
  - 8.4.6.6. Rest of Asia-Pacific
  - 8.4.6.6.1. Key market trends, growth factors and opportunities
  - 8.4.6.6.2. Market size and forecast, by Method
  - 8.4.6.6.3. Market size and forecast, by Steel Type
  - 8.4.6.6.4. Market size and forecast, by Product
  - 8.4.6.6.5. Market size and forecast, by End-use Industry
8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Method
- 8.5.3. Market size and forecast, by Steel Type
- 8.5.4. Market size and forecast, by Product
- 8.5.5. Market size and forecast, by End-use Industry
- 8.5.6. Market size and forecast, by country
  - 8.5.6.1. Brazil
  - 8.5.6.1.1. Key market trends, growth factors and opportunities
  - 8.5.6.1.2. Market size and forecast, by Method
  - 8.5.6.1.3. Market size and forecast, by Steel Type
  - 8.5.6.1.4. Market size and forecast, by Product
  - 8.5.6.1.5. Market size and forecast, by End-use Industry
  - 8.5.6.2. United Arab Emirates
  - 8.5.6.2.1. Key market trends, growth factors and opportunities
  - 8.5.6.2.2. Market size and forecast, by Method
  - 8.5.6.2.3. Market size and forecast, by Steel Type
  - 8.5.6.2.4. Market size and forecast, by Product
  - 8.5.6.2.5. Market size and forecast, by End-use Industry
  - 8.5.6.3. Saudi Arabia
  - 8.5.6.3.1. Key market trends, growth factors and opportunities
  - 8.5.6.3.2. Market size and forecast, by Method
  - 8.5.6.3.3. Market size and forecast, by Steel Type
  - 8.5.6.3.4. Market size and forecast, by Product
  - 8.5.6.3.5. Market size and forecast, by End-use Industry
  - 8.5.6.4. South Africa
  - 8.5.6.4.1. Key market trends, growth factors and opportunities
  - 8.5.6.4.2. Market size and forecast, by Method
  - 8.5.6.4.3. Market size and forecast, by Steel Type
  - 8.5.6.4.4. Market size and forecast, by Product
  - 8.5.6.4.5. Market size and forecast, by End-use Industry
  - 8.5.6.5. Rest of LAMEA
  - 8.5.6.5.1. Key market trends, growth factors and opportunities
  - 8.5.6.5.2. Market size and forecast, by Method
  - 8.5.6.5.3. Market size and forecast, by Steel Type
  - 8.5.6.5.4. Market size and forecast, by Product
  - 8.5.6.5.5. Market size and forecast, by End-use Industry

CHAPTER 9: COMPETITIVE LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES

10.1. China Baowu Group
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
10.2. ArcelorMittal
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
10.3. Ansteel Group
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
10.4. Nippon Steel Corporation
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
10.5. Jiangsu Shagang Group
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
10.6. POSCO
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
10.7. HBIS Group
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
10.8. China Jianlong Steel Industriai Co Ltd.
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
10.9. Shougang Group Co., Ltd.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
10.10. Tata Steel Limited
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot