Global Steel Long Products Market

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR43429
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The steel long products market size is expected to grow by 121.55 mn MT and record a CAGR of 2% during 2020-2024.

This post-pandemic global steel long products market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this steel long products market analysis report, key drivers such as rising industrialization in apac have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Steel Long Products Market Size be in 2020?

Steel-Long-Products-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Steel Long Products Market?

The steel long products market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • ArcelorMittal SA
  • Essar Steel India Ltd.
  • Hitachi Metals Ltd.
  • Hyundai Steel Co.
  • JSW Steel Ltd.
  • Nippon Steel Corp.
  • Nucor Corp.
  • POSCO Group
  • Tata Steel Ltd.
  • United States Steel Corp.

 

The steel long products market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This steel long products market report further entails segmentations by Geography (APAC, Europe, North America, MEA, and South America) and Type (Rebars, Wire rods, Tubes, Sections, and Others). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Steel Long Products?

Steel-Long-Products-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the steel long products market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The increase in use of steel scrap will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

82% of the market’s growth will originate from APAC during the forecast period. China, India, Japan, and South Korea (Republic of Korea) are the key markets for steel long products market in the region. This report provides estimations of the contribution of all regions to the growth of the steel long products market size.

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What are the Key Factors Covered in this Steel Long Products Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive steel long products market growth during the next five years
  • Precise estimation of the steel long products market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the steel long products market industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of steel long products market vendors

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Steel Long Products Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2020-2024

121.55 mn MT

Market structure

Fragmented

YoY growth (%)

1.64

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 82%

Key consumer countries

China, India, Japan, South Korea (Republic of Korea), and US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ArcelorMittal SA, Essar Steel India Ltd., Hitachi Metals Ltd., Hyundai Steel Co., JSW Steel Ltd., Nippon Steel Corp., Nucor Corp., POSCO Group, Tata Steel Ltd., and United States Steel Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Rebars - Market size and forecast 2019-2024
    • Wire rods - Market size and forecast 2019-2024
    • Tubes - Market size and forecast 2019-2024
    • Sections - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ArcelorMittal SA
      • Essar Steel India Ltd.
      • Hitachi Metals Ltd.
      • Hyundai Steel Co.
      • JSW Steel Ltd.
      • Nippon Steel Corp.
      • Nucor Corp.
      • POSCO Group
      • Tata Steel Ltd.
      • United States Steel Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The steel long products market growth will increase by $121.55 million MT during 2019-2024.
      The steel long products market is expected to grow at a CAGR of 2.33% during 2019-2024.
      Technavio has segmented the steel long products market by type (Rebars, Wire rods, Tubes, Sections, and Others) and geographic (APAC, Europe, North America, MEA, and South America).
      ArcelorMittal SA, Essar Steel India Ltd., Hitachi Metals Ltd., Hyundai Steel Co., JSW Steel Ltd., Nippon Steel Corp., Nucor Corp., POSCO Group, Tata Steel Ltd., United States Steel Corp. are a few of the key vendors in the steel long products market.
      APAC will register the highest growth rate of 81.91% among the other regions. Therefore, the steel long products market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • India
      • Japan
      • South Korea (Republic of Korea)
      • US
      The key factors driving the steel long products market growth are:
      • Rising industrialization in APAC leading to demand for steel long products
      • Increase in use of steel scrap
      The steel long products market vendors should focus on grabbing business opportunities from the rebars segment as it accounted for the largest market share in the base year.
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