スチール市場レポート：製品タイプ、用途、地域別、2024年～2032年

世界のスチール市場規模は、2023年に9,423億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに1兆2,790億米ドルに達し、2024年から2032年の間に3.3％の成長率（CAGR）を示すと予測しています。軍事・航空宇宙用途での製品使用の増加、電化製品での需要の増加、造船での製品の役割の増加、消費財での製品取り込みの急増などが、市場を推進している要因の一部です。

スチール市場分析：

市場の成長と規模世界のスチール市場は着実な成長を遂げており、これは建設、自動車、インフラ開発など様々な産業においてスチールが極めて重要な役割を担っていることに起因しています。

主な市場促進要因：主な要因：様々な住宅および商業インフラの建設が増加していること、スチール製造技術の進歩などが挙げられます。

主な市場動向：高強度・軽量鋼の採用は、燃費効率と性能の向上を目指し、自動車・航空宇宙分野でますます広まっています。

地理的動向：アジア太平洋地域が市場を独占しており、これは大規模なインフラ整備と製造活動に牽引されています。しかし北米は、リサイクルや持続可能な製鉄への注目が高まっており、環境持続可能性に向けた地域的なシフトが浮き彫りになっていることから、急成長市場として浮上しています。

競合情勢：企業は、スチール品質の革新と向上、生産コストの削減、環境への影響の最小化のために研究開発（R&D）に投資しています。

課題と機会：課題には、原料価格の変動、環境規制、カーボンフットプリント削減のための技術進歩の必要性などがあります。しかし、リサイクル技術の革新、新素材の開発、新興国市場への進出といった機会があれば、こうした課題を克服できると予測されます。

スチール市場傾向：

世界の自動車産業の著しい成長

世界の自動車産業の著しい成長は、市場に明るい展望をもたらしています。自動車産業が世界中で力強い成長を遂げるにつれ、自動車製造の基礎材料であるスチール需要もそれに連動して急増します。スチールは、自動車の構造的完全性、安全性、軽量性を確保する上で極めて重要な役割を担っているため、自動車メーカーの間で好まれています。自動車メーカーは、進化する環境規制や消費者の嗜好に対応し、燃費を向上させ、排出ガスを削減するために、先進的な高強度軽量鋼合金を採用するようになっています。このような戦略的転換により、自動車部門に合わせた革新的なスチールソリューションへの需要が高まっています。さらに、電気自動車（EV）やハイブリッド車の台頭は、バッテリーの保護や安全構造における鋼板の重要性を浮き彫りにしています。自動車メーカーがこうした持続可能な輸送ソリューションの開発に投資を続ける中、スチールはその製造プロセスに不可欠な存在であり続けています。したがって、拡大する自動車産業は、スチール市場の成長を促進し、技術革新を促進し、多様な自動車セグメントでその優位性を維持するための礎石となっています。

軍用機製造における製品需要の増加

軍用機製造におけるスチール需要の増加が市場を強化しています。軍用機には、卓越した強度、耐久性、過酷な条件への耐性を持つ材料が必要です。高い引張強度と信頼性を持つスチールは、これらの航空機内の様々な部品に好んで使用されています。数カ国の防衛予算が軍用機の近代化と拡大に資源を割り当てる中、先進的な軍用機へのニーズが高まっています。これらの航空機は、戦闘機から輸送機、ヘリコプターまで多岐にわたり、その機体、着陸装置、エンジン部品、その他の重要な構造にはすべて鋼材が使用されています。さらに、ステルス技術や先端兵器の継続的な開発により、厳しい性能要件を満たすために特定の特性を持つ特殊鋼合金を使用する必要があります。その結果、軍用機の生産需要の高まりは、鋼材、特に高性能鋼種や特殊鋼種の需要を直接後押ししています。このことは、防衛産業におけるスチールの重要な役割とスチール市場の成長への寄与を強調しています。

急速な技術進歩

急速な技術進歩は、ヘルスケア、エレクトロニクス、輸送を含む様々な産業や市場の成長の主要な促進要因です。こうした進歩は、人工知能や自動化のブレークスルーから最先端素材や製造プロセスの開発まで、幅広いイノベーションを包含しています。ヘルスケアでは、遠隔医療、ウェアラブル医療機器、精密医療などの技術が、患者のケアと治療結果に変革をもたらしつつあります。同様にエレクトロニクスでは、半導体技術の進歩がより小型で高性能のデバイスを生み出し、モノのインターネット（IoT）の拡大を可能にしています。電気自動車と自律走行車は、交通手段における技術的飛躍を象徴するものであり、私たちの通勤手段に革命をもたらし、交通手段が環境に与える影響を軽減することが期待されています。さらに、再生可能エネルギー技術の急速な進歩は、より持続可能で環境に優しいエネルギーへのシフトを促しています。スチール市場予測は、様々な産業における急速な技術進歩が、製造プロセス、インフラ整備、高度な機械設備の生産に不可欠な部品として、スチール需要を引き続き牽引することを示唆しています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界のスチール市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：タイプ別

• フラットスチール
  • 市場動向
  • 市場予測
• ロングスチール
  • 市場動向
  • 市場予測

第7章 市場内訳：製品別

• 構造用鋼
  • 市場動向
  • 市場予測
• プレストレススチール
  • 市場動向
  • 市場予測
• ブライトスチール
  • 市場動向
  • 市場予測
• 溶接ワイヤとロッド
  • 市場動向
  • 市場予測
• スチール線
  • 市場動向
  • 市場予測
• ロープ
  • 市場動向
  • 市場予測
• ブレイド
  • 市場動向
  • 市場予測

第8章 市場内訳：用途別

• 建築・建設
  • 市場動向
  • 市場予測
• 電気製品
  • 市場動向
  • 市場予測
• 金属製品
  • 市場動向
  • 市場予測
• 自動車
  • 市場動向
  • 市場予測
• 輸送機関
  • 市場動向
  • 市場予測
• 機械設備
  • 市場動向
  • 市場予測
• 家庭用電化製品
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • ArcelorMittal S.A.
  • EVRAZ plc
  • Gerdau S.A.
  • Hyundai Steel Co. Ltd
  • JFE Steel Corporation（JFE Holdings Inc.）
  • Jiangsu Shagang Group Co. Ltd
  • Nippon Steel Corporation
  • Nucor Corporation
  • Shougang Group Co. Ltd.
  • Tata Steel Ltd.（Tata Group）
  • thyssenkrupp AG
  • United States Steel Corporation

List of Figures

• Figure 1: Global: Steel Market: Major Drivers and Challenges
• Figure 2: Global: Steel Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Steel Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Steel Market: Breakup by Type (in %), 2023
• Figure 5: Global: Steel Market: Breakup by Product (in %), 2023
• Figure 6: Global: Steel Market: Breakup by Application (in %), 2023
• Figure 7: Global: Steel Market: Breakup by Region (in %), 2023
• Figure 8: Global: Steel (Flat Steel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Steel (Flat Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Steel (Long Steel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Steel (Long Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Steel (Structural Steel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Steel (Structural Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Steel (Prestressing Steel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Steel (Prestressing Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Steel (Bright Steel) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Steel (Bright Steel) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Steel (Welding Wire and Rod) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Steel (Welding Wire and Rod) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Steel (Iron Steel Wire) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Steel (Iron Steel Wire) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Steel (Ropes) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Steel (Ropes) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Steel (Braids) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Steel (Braids) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Steel (Building and Construction) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Steel (Building and Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Steel (Electrical Appliances) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Steel (Electrical Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Steel (Metal Products) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Steel (Metal Products) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Steel (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Steel (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Steel (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Steel (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Steel (Mechanical Equipment) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Steel (Mechanical Equipment) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Steel (Domestic Appliances) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Global: Steel (Domestic Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: North America: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: North America: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: United States: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: United States: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: Canada: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: Canada: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: Asia-Pacific: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: Asia-Pacific: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: China: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: China: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Japan: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Japan: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: India: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: India: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: South Korea: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: South Korea: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: Australia: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: Australia: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: Indonesia: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: Indonesia: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: Others: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: Others: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: Europe: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: Europe: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Germany: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Germany: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: France: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: France: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 68: United Kingdom: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 69: United Kingdom: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: Italy: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 71: Italy: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 72: Spain: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 73: Spain: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 74: Russia: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 75: Russia: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 76: Others: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 77: Others: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 78: Latin America: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 79: Latin America: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 80: Brazil: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 81: Brazil: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 82: Mexico: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 83: Mexico: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 84: Others: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 85: Others: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 86: Middle East and Africa: Steel Market: Sales Value (in Million US$), 2018 & 2023
• Figure 87: Middle East and Africa: Steel Market: Breakup by Country (in %), 2023
• Figure 88: Middle East and Africa: Steel Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 89: Global: Steel Industry: SWOT Analysis
• Figure 90: Global: Steel Industry: Value Chain Analysis
• Figure 91: Global: Steel Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Steel Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Steel Market Forecast: Breakup by Type (in Million US$), 2024-2032
• Table 3: Global: Steel Market Forecast: Breakup by Product (in Million US$), 2024-2032
• Table 4: Global: Steel Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 5: Global: Steel Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Steel Market: Competitive Structure
• Table 7: Global: Steel Market: Key Players

The global steel market size reached US$ 942.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,279 Billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032. The increasing product use in military and aerospace applications, the rising demand in electrical appliances, the growing product's role in shipbuilding, and the escalating product uptake in consumer goods are some of the factors propelling the market.

Steel Market Analysis:

Market Growth and Size: The global steel market is experiencing steady growth, attributed to the pivotal role of steel in various industries, such as construction, automotive, and infrastructure development.

Major Market Drivers: Key factors include the growing construction of various residential and commercial infrastructure and advancements in steel manufacturing technologies.

Key Market Trends: The adoption of high-strength and lightweight steel variants is becoming increasingly prevalent in the automotive and aerospace sectors, aiming to enhance fuel efficiency and performance.

Geographical Trends: Asia Pacific dominates the market, driven by extensive infrastructural developments and manufacturing activities. However, North America is emerging as a fast-growing market on account of the rising focus on recycling and sustainable steelmaking practices, highlighting regional shifts towards environmental sustainability.

Competitive Landscape: Companies are investing in research and development (R&D) to innovate and improve steel quality, reduce production costs, and minimize environmental impact.

Challenges and Opportunities: Challenges include fluctuating raw material prices, environmental regulations, and the need for technological advancements to reduce carbon footprints. Nonetheless, opportunities for market players to innovate in recycling techniques, develop new materials, and expand into emerging markets are projected to overcome these challenges.

Steel Market Trends:

Significant growth in the automotive industry across the globe

The significant growth in the global automotive industry is creating a positive outlook for the market. As the automotive sector experiences robust expansion worldwide, the steel demand, a fundamental material in vehicle manufacturing, surges in tandem. Steel's pivotal role in ensuring structural integrity, safety, and lightweight in automobiles makes it a favored choice among automakers. Automakers increasingly turn to advanced high-strength and lightweight steel alloys to enhance fuel efficiency and reduce emissions in response to evolving environmental regulations and consumer preferences. This strategic shift has heightened demand for innovative steel solutions tailored to the automotive sector. Furthermore, the rise of electric vehicles (EVs) and hybrid cars underscores its importance in battery protection and safety structures. As automakers continue to invest in the development of these sustainable transportation solutions, Steel remains integral to their manufacturing processes. Hence, the expanding automotive industry serves as a cornerstone in driving the growth of the steel market, fostering innovation, and sustaining its prominence across diverse automotive segments.

Rising product demand for manufacturing military aircraft

The increasing demand for steel in manufacturing military aircraft is bolstering the market. Military aircraft require materials with exceptional strength, durability, and resistance to extreme conditions. Steel, with its high tensile strength and reliability, is a preferred choice for various components within these aircraft. As defense budgets in several countries allocate resources for the modernization and expansion of military fleets, there is a growing need for advanced military aircraft. These aircraft range from fighter jets to transport planes and helicopters, all relying on steel for their airframes, landing gear, engine components, and other critical structures. Furthermore, the continuous development of stealth technology and advanced weaponry necessitates using specialized steel alloys with specific properties to meet stringent performance requirements. As a result, the rising demand for military aircraft production directly fuels the demand for steel, particularly high-performance and specialized steel grades. This factor underscores its vital role in the defense industry and contribution to steel market growth.

Rapid technological advancements

Rapid technological advancements are a key driver of growth in various industries and markets, including healthcare, electronics, and transportation. These advancements encompass a wide range of innovations, from artificial intelligence and automation breakthroughs to the development of cutting-edge materials and manufacturing processes. In healthcare, technologies like telemedicine, wearable health devices, and precision medicine are transforming patient care and treatment outcomes. Similarly, in electronics, advancements in semiconductor technology are leading to smaller, more powerful devices and enabling the expansion of the Internet of Things (IoT). Electric and autonomous vehicles represent significant technological leaps in transportation, promising to revolutionize how we commute and reduce transportation's environmental impact. Moreover, rapid advancements in renewable energy technologies drive the shift towards a more sustainable and environmentally friendly energy landscape. The steel market forecast suggests that rapid technological advancements across various industries will continue to drive demand for steel as a crucial component in manufacturing processes, infrastructure development, and the production of advanced machinery and equipment.

Steel Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global steel market report, along with forecasts at the global, regional and country levels for 2024-2032. Our report has categorized the market based on type, product, and application.

Breakup by Type:

Flat Steel

Long Steel

Flat steel dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes flat and long steel. According to the report, flat steel represented the largest segment.

Flat steel, which includes sheets, plates, and coils, is pivotal in automotive manufacturing, construction, and appliance production. The automotive sector relies heavily on it for body panels, chassis components, and structural elements. It is indispensable for roofing, cladding, and structural supports in construction. Moreover, it finds application in manufacturing household appliances, making it integral to daily life.

On the other hand, long steel, encompassing products like bars, rods, and wires, plays a central role in construction, infrastructure development, and manufacturing. In construction, it is used for reinforcement in concrete structures, while infrastructure projects demand long steel for bridges, railways, and other critical components. The manufacturing sector relies on this steel for machinery and equipment production.

Breakup by Product:

Structural Steel

Prestressing Steel

Bright Steel

Welding Wire and Rod

Iron Steel Wire

Ropes

Braids

Structural steel dominates the market

The report has provided a detailed breakup and analysis of the market based on the product. This includes structural steel, prestressing steel, bright steel, welding wire and rod, iron steel wire, ropes, and braids. According to the report, structural steel represented the largest segment.

Structural steel is a cornerstone of construction and infrastructure development. Its high strength and durability make it ideal for building structures, bridges, and other critical infrastructure components. The continued demand for new construction projects, urbanization, and renovation initiatives contributes significantly to the growth of the structural steel segment.

On the other hand, prestressing steel is essential for creating reinforced concrete structures that can withstand tension and compression forces. It is widely used to construct bridges, highways, and tall buildings. As the need for resilient and long-lasting infrastructure grows, the demand for prestressing Steel continues to rise, driving market growth.

Moreover, bright steel, also known as engineering steel, is characterized by its smooth surface finish and dimensional accuracy. It finds applications in machinery manufacturing, automotive components, and precision instruments. The manufacturing sector's reliance on bright Steel for specialized components and tools contributes to the growth of this segment, particularly in industries that prioritize precision and quality.

Breakup by Application:

Building and Construction

Electrical Appliances

Metal Products

Automotive

Transportation

Mechanical Equipment

Domestic Appliances

Building and construction dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes building and construction, electrical appliances, metal products, automotive, transportation, mechanical equipment, and domestic appliances. According to the report, building and construction represented the largest segment.

The building and construction sector is a primary driver of steel demand. Steel is indispensable in this industry for structural purposes, including beams, columns, and reinforcing bars, ensuring the strength and integrity of buildings and infrastructure. As urbanization, population growth, and infrastructure development continue worldwide, the demand for Steel in this sector remains robust. Residential, commercial, and industrial construction projects rely on Steel, sustaining its market growth.

Furthermore, its presence in electrical appliances is vital for manufacturing durable and efficient products. It produces various appliances, including refrigerators, washing machines, ovens, etc. Stainless Steel, in particular, is favored for its corrosion resistance, making it an ideal choice for appliances that come into contact with moisture. The continuous demand for household appliances, driven by consumer lifestyles and technological advancements, ensures a steady need for steel components, bolstering market growth.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific exhibits a clear dominance, accounting for the largest market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific's commitment to infrastructure development, including highways, bridges, and commercial real estate projects, fuels the product demand. Investments in infrastructure stimulate the growth of the construction steel segment. The automotive industry is a major consumer, requiring the metal for vehicle production. The region's robust automotive sector contributes to the market expansion. The region's diverse industrial manufacturing sector relies on steel for machinery, equipment, and structural components. The need for the metal in manufacturing industries, such as aerospace and machinery production, sustains market growth. Furthermore, the region's expanding consumer goods industry requires the metal for various products, from kitchen appliances to furniture and electronics. The growth of renewable energy projects, such as wind turbines and solar panel installations, further boosts the product demand. The market report reveals that Asia Pacific's steel market is driven by a multitude of factors, including infrastructure development, automotive production, industrial manufacturing, consumer goods demand, and the rising trend of renewable energy projects.

Competitive Landscape:

Top companies are strengthening the market through multiple strategic initiatives and contributions. These industry giants prioritize research and development, investing in cutting-edge technologies to enhance steel production processes, improve product quality, and create innovative steel alloys that meet evolving industry demands. By collaborating with the automotive, construction, and manufacturing sectors, they develop customized steel solutions that align with specific needs, promoting wider steel adoption. Furthermore, top companies emphasize sustainability, incorporating eco-friendly practices into their operations, such as efficient recycling processes and reduced carbon emissions, to meet environmental regulations and address global concerns about climate change. Through global expansion, mergers, and acquisitions, they strengthen their market presence, ensuring a stable supply of steel products worldwide. Additionally, top steel firms shape industry standards and regulations, contributing to a well-regulated and expanding steel market.

The report has provided a comprehensive analysis of the competitive landscape in the steel market. Detailed profiles of all major companies have also been provided.

ArcelorMittal S.A.

EVRAZ plc

Gerdau S.A.

Hyundai Steel Co. Ltd

JFE Steel Corporation (JFE Holdings Inc.)

Jiangsu Shagang Group Co. Ltd

Nippon Steel Corporation

Nucor Corporation

Shougang Group Co. Ltd.

Tata Steel Ltd. (Tata Group)

thyssenkrupp AG

United States Steel Corporation

Recent Developments:

In July 2023, ArcelorMittal SA announced to invest $5 Million in CHAR technologies.

In April 2022, JFE Steel Corporation and thyssenkrupp Steel Europe (tkSE), Germany's largest steel maker, announced the launch of new 980- and 1180MPa-class high-strength steel sheets capable of cold forming for the production of automobile frame components.

Key Questions Answered in This Report

• 1. What was the size of the global steel market in 2023?
• 2. What is the expected growth rate of the global steel market during 2024-2032?
• 3. What are the key factors driving the global steel market?
• 4. What has been the impact of COVID-19 on the global steel market?
• 5. What is the breakup of the global steel market based on the type?
• 6. What is the breakup of the global steel market based on the product?
• 7. What is the breakup of the global steel market based on application?
• 8. What are the key regions in the global steel market?
• 9. Who are the key players/companies in the global steel market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Steel Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Flat Steel
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Long Steel
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Product

• 7.1 Structural Steel
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Prestressing Steel
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Bright Steel
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Welding Wire and Rod
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Iron Steel Wire
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast
• 7.6 Ropes
  • 7.6.1 Market Trends
  • 7.6.2 Market Forecast
• 7.7 Braids
  • 7.7.1 Market Trends
  • 7.7.2 Market Forecast

8 Market Breakup by Application

• 8.1 Building and Construction
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Electrical Appliances
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 Metal Products
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Automotive
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast
• 8.5 Transportation
  • 8.5.1 Market Trends
  • 8.5.2 Market Forecast
• 8.6 Mechanical Equipment
  • 8.6.1 Market Trends
  • 8.6.2 Market Forecast
• 8.7 Domestic Appliances
  • 8.7.1 Market Trends
  • 8.7.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 ArcelorMittal S.A.
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
    • 14.3.1.3 Financials
    • 14.3.1.4 SWOT Analysis
  • 14.3.2 EVRAZ plc
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 Gerdau S.A.
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
    • 14.3.3.3 Financials
  • 14.3.4 Hyundai Steel Co. Ltd
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 Financials
  • 14.3.5 JFE Steel Corporation (JFE Holdings Inc.)
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Jiangsu Shagang Group Co. Ltd
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Nippon Steel Corporation
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 Nucor Corporation
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
    • 14.3.8.3 Financials
    • 14.3.8.4 SWOT Analysis
  • 14.3.9 Shougang Group Co. Ltd.
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Tata Steel Ltd. (Tata Group)
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 thyssenkrupp AG
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 United States Steel Corporation
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
    • 14.3.12.3 Financials
    • 14.3.12.4 SWOT Analysis