Coated Steel Market Size, Industry Share, Applications, Demand and 2023 Forecasts


Posted March 3, 2020 by Rohit0333

Coated Steel Market Size to Expand at a Notable CAGR of 5% During 2020 – 2023

 
Coated Steel Market Information by Type (Color-Coated Steel, Metallic-Coated Steel), Coating (Polyester, Epoxy, Polyurethane, Pure Zinc, Pure Aluminum, Aluminum Zinc), End-Use Industry (Automotive, Electrical and Electronics, Building & Construction), and Region — Global Forecast till 2023


Competitive Analysis

JSW (India), ArcelorMittal (Luxembourg), SSAB (Sweden), POSCO (South Korea), JFE Steel Corporation (Japan), NLMK (Russia), NIPPON STEEL & SUMITOMO METAL CORPORATION (Japan), Essar (India), Tata Steel (India), thyssenkrupp AG (Germany), Salzgitter Flachstahl GmbH (Germany), and Uttam Galva Steels Limited (India).

Market Segmentation

Coated Steel Market has been segmented based on type, coating type, end-use industry, and region. By type, the global market has been divided into color-coated steel and metallic-coated steel. The color-coated steel segment accounted for the largest market share and is expected to register the highest CAGR during the forecast period. The demand is attributed to its increasing demand in the construction industry for both exterior and interior applications.

Based on coating type, the global market has been divided into polyester, polyvinylidene fluoride, epoxy, polyvinyl chloride, polyurethane, pure aluminum, aluminum-zinc, pure zinc, and others. The polyester segment is further sub-divided into regular modified polyester, silicone modified polyester, and super durable polyester. The polyester segment accounted for the largest market share in the global coated steel market in terms of tonnage and value due to its excellent resistance to different weather conditions and has smooth surface finishing.

Based on end-use industry, the global market has been segregated into building and construction, automotive, industrial machinery, electrical and electronics, consumer goods, and others. The building and construction industry accounted for the largest market share in terms of tonnage and value. The latter is followed by the automotive segment in 2017. The increasing demand for color-coated steel in applications such as roofing, cladding, and other applications in residential and commercial construction is expected to drive the market.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/coated-steel-market-7618

Regional Analysis

The global coated steel market has been classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific is expected to account for the largest share of the global coated steel market on account of the growing end-use industries in the region, especially the construction, automotive and electrical appliances.

North America and Europe are expected to be the prominent markets for coated steel due to the increasing demand in the automotive, and construction. The regional markets are expected to maintain close demands during the forecast period.

The Latin American and the Middle East & African markets are likely to register healthy growth during the review period as a result of the growing end-use industries in the regions.

Get More Details of Chemicals And Materials Market Research Report @ https://www.marketresearchfuture.com/categories/chemicals-market-report
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Phone 646845931
Business Address Market Research Future
Country India
Categories Business
Tags Coated Steel Market
Last Updated March 3, 2020