Carbon Steel Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$bn)

$ 187.59

overview_2
2024 Year-over-Year Growth

3.21%

overview_3
CAGR (2024-2028)

3.58%

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Report Coverage

Global

Carbon Steel Market Segmentation

Market Segmentation & Scope

Market Segment by Geographic Landscape

regional_img

76%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Bn)

Market is segmented by End-user into Construction, Shipbuilding, Automotive, Transportation, Others

The Construction is expected to be largest growing segment during 2024-2028

Largest Segment - Construction

US$ 1,837.07 Bn

Carbon Steel Market by End-user into Construction; 2018-2028 (US$ Bn)

Construction Market Revenue and Forecast 2018-2028 (US$ Bn)

Construction

  • Construction Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by End-user into Shipbuilding; 2018-2028 (US$ Bn)

Shipbuilding Market Revenue and Forecast 2018-2028 (US$ Bn)

Shipbuilding

  • Shipbuilding Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by End-user into Automotive; 2018-2028 (US$ Bn)

Automotive Market Revenue and Forecast 2018-2028 (US$ Bn)

Automotive

  • Automotive Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by End-user into Transportation; 2018-2028 (US$ Bn)

Transportation Market Revenue and Forecast 2018-2028 (US$ Bn)

Transportation

  • Transportation Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by End-user into Others; 2018-2028 (US$ Bn)

Others Market Revenue and Forecast 2018-2028 (US$ Bn)

Others

  • Others Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Type into Low carbon steel, Medium carbon steel, High carbon steel

The Low carbon steel is expected to be largest growing segment during 2024-2028

Largest Segment - Low carbon steel

US$ 2,583.31 Bn

Carbon Steel Market Size by Segmentation, by Type (US$ Bn)

Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Low carbon steel 505.58 XX XX XX XX XX XX XX XX XX XX XX
Medium carbon steel XX 218.27 XX XX XX XX XX XX XX XX XX XX
High carbon steel XX XX 178.46 XX XX XX XX XX XX XX XX XX

Carbon Steel Market by Type into Low carbon steel; 2018-2028 (US$ Bn)

Low carbon steel Market Revenue and Forecast 2018-2028 (US$ Bn)

Low carbon steel

  • Low carbon steel Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by Type into Medium carbon steel; 2018-2028 (US$ Bn)

Medium carbon steel Market Revenue and Forecast 2018-2028 (US$ Bn)

Medium carbon steel

  • Medium carbon steel Market Size and Forecast 2018 to 2028 (US$ Bn)

Carbon Steel Market by Type into High carbon steel; 2018-2028 (US$ Bn)

High carbon steel Market Revenue and Forecast 2018-2028 (US$ Bn)

High carbon steel

  • High carbon steel Market Size and Forecast 2018 to 2028 (US$ Bn)

Market is segmented by Geography into APAC, Europe, North America, Middle East and Africa, South America

The APAC is estimated to contribute 76% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

76%

Regional share of different regions, including APAC, Europe, North America, Middle East and Africa

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 627.86 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 115.87 XX XX XX XX XX XX XX XX XX XX
North America XX XX 76.10 XX XX XX XX XX XX XX XX XX
Middle East and Africa XX XX XX 48.35 49.56 XX XX XX XX XX XX XX
South America XX XX XX XX XX XX XX XX XX XX XX XX

Carbon Steel Market Size by Geography into APAC; 2018-2028 (US$ Bn)

APAC Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Country into China; 2018-2028 (US$ Bn)

China Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Country into India; 2018-2028 (US$ Bn)

India Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Country into Japan; 2018-2028 (US$ Bn)

Japan Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Country into South Korea; 2018-2028 (US$ Bn)

South Korea Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Geography into Europe; 2018-2028 (US$ Bn)

Europe Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Geography into North America; 2018-2028 (US$ Bn)

North America Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Country into US; 2018-2028 (US$ Bn)

US Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Bn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Bn)

Carbon Steel Market Size by Geography into South America; 2018-2028 (US$ Bn)

South America Market Revenue and Forecast 2018-2028 (US$ Bn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
Ansteel Group Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ArcelorMittalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Baosteel Group Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cleveland Cliffs Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CRH PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daido Steel Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ERASTEELView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EVRAZ PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HBIS Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hudson Tool SteelView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JFE Holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kennametal Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NACHI FUJIKOSHI Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nippon Steel Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NLMK GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Omega Steel Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
POSCO holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shandong Shounuo Metal Material Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tata Steel Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
zq steel group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Carbon Steel Market Scope

  1. By End-user
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By End-user, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By End-user, 2024 to 2028
      1. Construction
      2. Shipbuilding
      3. Automotive
      4. Transportation
      5. Others
    4. Y-o-Y Growth Trend Analysis By End-user, 2018 to 2022
    5. Absolute $ Opportunity Analysis By End-user, 2024 to 2028
  2. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Type, 2024 to 2028
      1. Low carbon steel
      2. Medium carbon steel
      3. High carbon steel
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ billion) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ billion) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. Middle East and Africa
      5. South America
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. India
      3. Japan
      4. South Korea
    4. By End-user
    5. By Type
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By End-user
    4. By Type
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By End-user
    5. By Type
  7. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By End-user
    4. By Type
  8. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ billion) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ billion) Forecast By Market, 2024 to 2028
    3. By End-user
    4. By Type

Major Companies

Market companies

Name Profile Employees Headquarters Website
Ansteel Group Corp. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ArcelorMittalView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Baosteel Group Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cleveland Cliffs Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CRH PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daido Steel Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ERASTEELView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EVRAZ PlcView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
HBIS Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hudson Tool SteelView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
JFE Holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Kennametal Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NACHI FUJIKOSHI Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nippon Steel Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
NLMK GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Omega Steel Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
POSCO holdings Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Shandong Shounuo Metal Material Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tata Steel Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
zq steel group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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