Some of the key companies in the ship plate industry include:
Nanjing Steel
Arcelor Mittal
Baosteel Group Corporation
Hyundai
JFE Steel Corporation
Ansteel
POSCO
Hyundai Steel
Nippon Steel
Essar Steel
Authors:
Avinash Singh, Sunita Singh
Frequently Asked Questions (FAQ) :
The market size of ship plate is poised to expand at over 3% CAGR from 2023 to 2032, owing to the ongoing expansion of international trade and commerce worldwide.
Ship plate market from the carbon steel segment is poised to record lucrative growth through 2032, driven by widespread usage in shipbuilding due to their excellent mechanical properties, affordability, and ease of fabrication.
Asia Pacific accounts for over 90% share of the ship plate industry and is estimated to expand considerably through 2032, attributed to the rising demand for maritime transportation, expansion of the shipbuilding industry, and increasing international trade activities.
Nanjing Steel, Arcelor Mittal, Baosteel Group Corporation, Hyundai, JFE Steel Corporation, Ansteel, POSCO, Hyundai Steel, Nippon Steel, Essar Steel, etc.