Galvanized Steel Market (Product Type: Galvanized Steel Coils, Galvanized Steel Strips, Others; Application: Construction, Automobile, Home Appliances, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Category : Construction and Manufacturing | Delivery Format : PDF | Status: Published | Pages : 115

Earlier, corrosion and repair of corrosion damages was the huge problem which resulted in high costs and also led to the waste of natural resources and many other indirect costs. Thus, the specification of galvanization was introduced and evolved as new emerging market. Galvanization which was once considered only as a means of corrosion protection is now specified for an array of reasons such as longevity, sustainability, lower initial costs, availability, durability, and even aesthetics. One of the most common methods for galvanizing is hot-dip. Galvanized steel has wide range of applications in automobile, construction, home appliances, furniture, and other industries.
 
The market research study on “Galvanized Steel Market (Product Type: Galvanized Steel Coils, Galvanized Steel Strips, Others; Application: Construction, Automobile, Home Appliances, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 – 2025” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global galvanized steel market. The report also analyzes the key players operating in galvanized steel market and identifies the key strategies deployed by them along with the market share of leading players. The global galvanized steel market is segmented as below:
 
Galvanized Steel Market by Product Type
  • Galvanized Steel Coils
  • Galvanized Steel Strips
  • Others
Galvanized Steel Market by Application
  • Construction
  • Automobile
  • Home Appliances
  • Others
Galvanized Steel Market by Geography
  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • South America
  • Middle East and Africa
Some of the leading companies operating in the global galvanized steel market include 
  • Arcelor Mittal
  • Nippon Steel Sumitomo Metal
  • POSCO
  • Nucor
  • United States Steel (USS)
  • ThyssenKrupp
  • Severstal
  • JSW Steel
  • JFE Steel
  • Baosteel
  • Ansteel
  • Wuhan Iron and Steel
  • Shandong Iron & Steel Group
  • Ma Steel
  • CSC 
  • Others
The global galvanized steel market was valued around $185 Billion in 2017 and is expected to grow at a CAGR of over 5% to reach over $283 Billion by 2025. Some of the major factors driving the growth of this market include the upsurge in population, consumer awareness, changing consumer lifestyle & preferences, urbanization, and development in economy that drives the demand for related products. In addition, the increasing application of galvanized steel in manufacturing of home appliances and agricultural buildings also supports the growth of this market. Commercial and residential constructions are on rise owing to strengthening economic condition and elevating spending capacity.
 
Galvanized steel includes product types such as galvanized steel coils and galvanized steel strips. Over the last few decades, the galvanized steel market has considerably grown both in terms of product development and usage. Availability of diversified products empowers the allied industry stakeholders with better and economical solutions. Yet, the industry faces several challenges in terms of new product development, product approval and standardization.
 
Currently, China is the largest market for galvanized steel and is expected to maintain its dominance throughout the forecast period. The region has high potential due to increasing investments in infrastructure and construction sectors. The prime expenditure of investment was consumed on residential construction.
 


Related Reports

Cut and Bend Equipment Market (By Product Type: Cutting & shaping, Mesh Cutting & bending, Straightening, Stirrups, Bar Shaping, Others; By Operation Mode: Semi - Automatic, Automatic; By End-user: Manufacturing, Engineering Contractors /Construction, Steel, Wire/Mattress, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global cut and bend equipment market is expected to grow at noteworthy CAGR around 4.7 % throughout the forecast period and reach around US$ 1.6 billion by 2026. Based on its different shapes, sizes and quantities, the cut and bend machines have many applications in t

Industrial Radiography Equipment Market (By Imaging Technique: Digital Radiography [Direct Radiography, Computed Tomography, Computed Radiography], Film-based Radiography; By Application: Aerospace & Defense, Automotive & Transportation, Manufacturing, Oil & Gas, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Industrial Radiography Equipment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year. According to Acumen Research and Consulting, the global Industrial Radiography Equipment market is expected to grow around 6.5 % CAGR throughout the forecast period and reac

Compressed Air Treatment Equipment Market (By Product: Filter, Aftercoolers, Dryers, Others; By End Use Industry: Chemical, Food & Beverage, Paper, Healthcare, Pharmaceuticals, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Compressed Air Treatment Equipment market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global Compressed Air Treatment Equipment market is expected to grow at noteworthy CAGR around 6.7% throughout the forecast period and reach around

Cooling Tower Market (By Product: Evaporative/Wet, Dry, Hybrid; By Technology: Open circuit, Closed circuit, Hybrid; By Design: Mechanical, Natural; By Build: Field erection, Package; By Construction Material: Concrete, Steel, FRP, Wood, Others; By Flow: Counterflow, Crossflow; By Application: Chemical & Fertilizers, Oil & Gas, Power Generation, HVACR, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction Cooling tower is the device that used for the temperature maintenance in the chillers for various industrial applications. This device is generally used in the power generation and manufacturing industries in order to keep the environment cool and fresh. With the use of cooling tower, the heat regulation can be controlled in air conditioning systems which boosting the

Downhole Tools Market (By Product: Drilling Tools, Handling Tools, Flow & Pressure Tools, Control Tools, Others; By Application: Well Drilling, Well Intervention, Formation & Evaluation, Production & Well Completion) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global downhole tools market worth is anticipated to around USD 6.2 billion by 2026, this market is foreseen to develop with 5.3% CAGR during the forecast time period. Market Dynamics Rising E and P activities in deep-sea ocean bed related with completion eff

Cart Summary