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Coated Steel Market Share

  • Report ID: GMI5133
  • Published Date: Oct 2021
  • Report Format: PDF
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Coated Steel Market Share

The coated steel market is highly competitive with the top ten market players holding more than one-third of the market share. The manufacturers are adopting strategic initiatives, such as joint ventures, mergers & acquisitions, and production capacity expansion, to increase their market shares and business productivity. For instance, in 2019, JSW Steel acquired Asian Colour Coated Ispat (ACCIL). The company has a total installed capacity of 1 million ton annually, which includes facilities for galvanizing, cold-rolling, and producing 300 thousand metric tons annually for color coating, thereby improving the JSW Steel presence in the India color coating steel market.

 

Some of the key manufacturers in the coated steel industry include

  • ArcelorMittal
  • Essar Steel
  • POSCO
  • Voestalpine AG
  • JFE Steel Corporation
  • Nippon Steel Corporation
  • OJSC Novolipetsk Steel
  • Baosteel Group
  • SSAB AB
  • Severstal
  • JSW
  • ChinaSteel
  • Kobe Steel Ltd.
  • Nucor
  • Tata Steel.
Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Coated steel market size had exceeded USD 50 billion in 2020 and will observe a 4.4% CAGR through 2027 with the increasing use of coated steel in construction and automotive applications.

Coated steel is an economical and effective material which is majorly used to offer corrosion resistance to in automobiles, home appliances as well as buildings.

Electrogalvanized coated steel market will grow owing to its riding usage in manufacturing home appliances like washing machines, outdoor units of ACs, and precision machines.

Automotive segment had captured 20% share of coated steel market owing the increasing application for producing large and high-quality automotive components like automotive floors and roofs.

Asia Pacific coated steel market will witness over 5% CAGR through 2027 owing to the strong presence of manufacturers across the region due to the growing end-use industries.

Coated Steel Market Scope

  • Coated Steel Market Size
  • Coated Steel Market Analysis
  • Coated Steel Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 15
    • Tables & Figures: 192
    • Countries covered: 21
    • Pages: 200
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