Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Flat Steel Market: By Product: Sheets and Strips, Plates; By Material: Carbon Steel, Alloy Steel, Stainless Steel, Tool Steel; By Application: Building and Infrastructure, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Flat Steel Market Outlook

The global flat steel market attained a value of USD 853.6 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 3.7% to attain a value of USD 992 billion by 2026.

 

The Asia Pacific to Provide Significant Growth Opportunities to the Flat Steel Industry

Region-wise, the Asia Pacific is expected to occupy a significant share in the industry. China is one of the largest manufacturers of steel and a leading global exporter. In addition, flat steel finds increased usage in garden sheds, fencing, automobiles, construction, machinery, and much more. Moreover, an increasing demand in the automobile sector is catalysing the demand for flat steel, which is anticipated to propel the market growth in the coming years. Furthermore, an increased demand in the construction industry is projected to drive the market growth in the forecast period.

 

Global Flat Steel Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Flat Steel: Market Segmentation

Flat steel refers to a type of processed metal that is generated by melting and stretching under an applied force. The force is applied to convert metal pieces in the form of sheets,  strips, or tin plates. Flat steel is used for fencing, roofing, water tanks, garden sheds, and much more. Further, carbon steel and alloy steel are among the different flat steel materials utilised in the industry. Carbon steel is a steel with carbon content which is used in railway tracks, crankshafts, gears, and machinery parts, whereas alloy steel is used in rods, wires, bars, and rails. In case of alloy steel, alloying elements, such as molybdenum, manganese, nickel, and chromium, among others, are added to increase strength, wear resistance, and toughness  of the final product.

By product, the market can be distributed into:

  • Sheets and Strips
  • Plates

The market can be broadly categorised, on the basis of material, into:

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Tool Steel

On the basis of application, the market can be segmented into:

  • Building and Infrastructure
  • Automotive and Other Transport
  • Mechanical Equipment
  • Others

The EMR report looks into the regional markets of flat steel like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increased Demand for Steel for Various Applications to Bolster the Growth of the Global Flat Steel Market

The global flat steel industry is being driven by the increasing demand for steel in various application sectors, including automotive and construction, across the globe. The market growth is anticipated to be aided by the increasing demand for automobiles among consumers, which is being fuelled by the rising global population and its subsequent transportation needs. In this regard, the growing need of lightweight vehicles due to their low fuel consumption properties is expected to propel the flat steel industry growth. In addition, the rising investments by the government in infrastructure development activities are also projected to aid the market growth. The rapidly expanding construction industry is predicted to enhance the demand for flat steel in building and infrastructure applications. Additionally, favourable government initiatives and advancements in flat steel technologies are estimated to boost the growth of the industry. Moreover, recyclability and reusability offered by flat steel are also expected to add to its overall popularity in the coming years.

 

Key Industry Players in the Global Flat Steel Market

The report presents a detailed analysis of the following key players in the global flat steel market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ArcelorMittal
  • PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS)
  • Baosteel Group Corporation
  • Tata Steel Limited
  • JFE Steel Corporation
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Material, Application, Region
Breakup by Product Sheets and Strips, Plates
Breakup by Material Carbon Steel, Alloy Steel, Stainless Steel, Tool Steel
Breakup by Application Building and Infrastructure, Automotive and Other Transport, Mechanical Equipment, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ArcelorMittal, PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS), Baosteel Group Corporation, Tata Steel Limited, JFE Steel Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook©©
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Flat Steel Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Flat Steel Historical Market (2018-2022) 
    8.3    Global Flat Steel Market Forecast (2023-2028)
    8.4    Global Flat Steel Market by Product
        8.4.1    Sheets and Strips
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Plates
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Flat Steel Market by Material
        8.5.1    Carbon Steel
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Alloy Steel
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Stainless Steel
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Tool Steel
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
    8.6    Global Flat Steel Market by Application
        8.6.1    Building and Infrastructure
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Automotive and Other Transport
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Mechanical Equipment
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Others    
    8.7    Global Head-Mounted Flat Steel Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America Head-Mounted Flat Steel Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Head-Mounted Flat Steel Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Head-Mounted Flat Steel Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Head- Mounted Flat Steel Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Head-Mounted Flat Steel Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     ArcelorMittal
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS)
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Baosteel Group Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Tata Steel Limited
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5     JFE Steel Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Flat Steel Market: Key Industry Highlights, 2018 and 2028
2.    Global Flat Steel Historical Market: Breakup by Product (USD Billion), 2018-2022
3.    Global Flat Steel Market Forecast: Breakup by Product (USD Billion), 2023-2028
4.    Global Flat Steel Historical Market: Breakup by Material (USD Billion), 2018-2022
5.    Global Flat Steel Market Forecast: Breakup by Material (USD Billion), 2023-2028
6.    Global Flat Steel Historical Market: Breakup by Application (USD Billion), 2018-2022
7.    Global Flat Steel Market Forecast: Breakup by Application (USD Billion), 2023-2028
8.    Global Flat Steel Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global Flat Steel Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America Flat Steel Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America Flat Steel Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe Flat Steel Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe Flat Steel Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific Flat Steel Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific Flat Steel Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America Flat Steel Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America Flat Steel Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa Flat Steel Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa Flat Steel Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Global Flat Steel Market Structure

Key Questions Answered in the Report

In 2020, the global flat steel market attained a value of nearly USD 853.6 billion.

The market is projected to grow at a CAGR of 3.7% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 992 billion by 2026.

The major drivers of the industry, such as the rising demand for flat steel products, increasing demand in the automobile sector, heightened demand in the construction industry, and rising government investments in infrastructure development activities.

The key market trends guiding the growth of the industry include the growing innovations such as the advancements in traditional production mechanism for hot rolled coil and in direct strip are expected to aid the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant flat steel products include sheets and strips and plates.

The different materials considered in the market report include carbon steel, alloy steel, stainless steel, and tool steel.

The different applications of the product include building and infrastructure, automotive and other transport, and mechanical equipment, among others.

The major players in the industry are ArcelorMittal, PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS), Baosteel Group Corporation, Tata Steel Limited, JFE Steel Corporation, and others.

Analyst Review

The global flat steel market attained a value of USD 853.6 billion in 2020, driven by the increasing demand in the automobile industry. Aided by the growing capital expenditure in the infrastructure industry, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.7%. The market is projected to reach USD 992 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the flat steel industry can be segmented into sheets and strips, and plates. The market can be segregated, based on material, into carbon steel, alloy steel, stainless steel, and tool steel. On the basis of application, the market is categorised into building and infrastructure, automotive and other transport, and mechanical equipment. The major regional markets for flat steel are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ArcelorMittal, PT KRAKATAU NIPPON STEEL SUMIKIN (KNSS), Baosteel Group Corporation, Tata Steel Limited, and JFE Steel Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER