Long Steel Market
Long Steel Market Share & Trends Analysis, By Production Process (Electric Arc Furnace, Basic Oxygen Furnace), By Product Type (Wire, Rod, Rebar, Others), By End-Use Industry (Railways, Construction, Others), & By Region Forecast - Global Review 2020 to 2030
Analysis of Long Steel Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Long Steel Market: An overview
Long steel is extensively used for construction purposes to provide structural support to the body of the building. In the field of construction, long steels are preferred over flat steel owing to the extensive tensile strength and ductility of the product. Growth in construction projects across the globe has increased the demand for long steels over the period of 2015-2019.
Demand from regions such as East Asia and North America has tremendously increased over the past half-decade leading to the expansion in demand for construction materials. High tensile strength, ductility, and a bundle of other construction favoring properties have led to the rise in demand for long steels. Apart from construction applications, rapid utilization of long steel in the field of transportation such as railways has driven the market in the historical period.
Expanding rail project horizons in South Asia & Oceania have opened doors for many manufacturers to expand in the region. Construction application is set to provide thrust to the long steel market in long run. The global long steel market is forecast to witness absolute growth at a higher digit CAGR between 2020 and 2030. Rising demand from construction, railways, and industrial applications has positively impacted the long steel market.
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COVID-19 to Contract the Long Steel Market
COVID-19 or Novel coronavirus has not only shattered the movement of the people but also the production and trade of the major products in the market. In the perspective of the long steel market, construction activities stepped on brakes pushing the construction industry and long steel market into turmoil.
For the market to resurrect to its original form, construction activities should restart at the force which is possible post 4th quarter of FY2020. Not only long steel demand, but supply has also been put on hold to normalize the market prices which is set to normalize the overall production cost, post-market resurrection. All in all supply chain of long steel has been disrupted and is set to remain till the end of the 4th quarter of FY 2020.
Segmentation analysis of long steel Market:
The global long steel market is bifurcated into three major segments: production process, product type, end-use industry, and region.
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Long Steel Market: Regional Outlook
From a regional perspective, East Asia holds for largest market share in the global long steel market. Construction activities and the rising level of infrastructural operation uptake in the historical period have driven the regional demand. This has provided an immense opportunity for the long steel market to grow in the East Asia region. The shift of trade curves to the right portrays an image of rapidly growing market.
Followed by East Asia, North America accounts for less than 25% of the global long steel demand. The market is growing at a steady pace in this region owing to the rise in constructional operations, which provides enough push for the demand requisite in the region.
South Asia & Oceania and Latin America are growing at a moderate pace as the region owing to the decline in construction activities in the period of 2018-2020. The Middle East and Africa is growing at a fast pace owing to the fastest growing construction and industrial activities in the region
Long Steel Market: Key Players
Global long steel market is slightly fragmented in nature with presence of numerous international players. Key players in market are focused towards expansions through partnerships and acquisitions. These players aim to provide a scattering range of long steel suited for different construction and industrial purposes.
Key players in global long steel market are ArcelorMittal, POSCO, NUCOR Corporation, China Baowu Steel Group Corporation Limited, Mechel Pao, Dyneon Gmbh, Novolipetsk Steel, Tata Steel, Ansteel Group Corporation Limited, JFE Steel Corporation, Hyundai steel., JSW Steel, Wuhan Iron And Steel Corporation and other long steel manufacturers.
The research report presents a comprehensive assessment of the Long steel market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
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The Long steel Market Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
The Long steel Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic & Russia)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, Malaysia, Indonesia, Thailand, Australia & New Zealand and Rest)
- Middle East & Africa (GCC Countries, South Africa, Turkey)
The long steel report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Long steel report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Long steel report also maps the qualitative impact of various market factors on market segments and geographies.
The Long Steel Market Report Highlights:
- A Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Segmentation analysis of long steel Market:
The global long steel market is bifurcated into three major segments: production process, product type, end-use industry and region.
On the basis of production process, long steel market has been segmented as follows:
- Electric Arc Furnace
- Basic Oxygen Furnace
On the basis of Product Type, long steel market has been segmented as follows:
- Wire
- Rod
- Rebar
- Merchant bar
- Rail bar
- Others
On the basis of End-Use industry, long steel market has been segmented as follows:
- Railways
- Construction
- Industrial
- Others
On the basis of geographic regions, long steel market is segmented as
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Production Process 6.2. Product Type 6.3. End-Use Industry 7. Global Market Analysis and Forecast, By Production Process 7.1. Electric Arc Furnace 7.2. Basic Oxygen Furnace 8. Global Market Analysis and Forecast, By Product Type 8.1. Wire 8.2. Rod 8.3. Rebar 8.4. Merchant Bar 8.5. Rail Bar 8.6. Others 9. Global Market Analysis and Forecast, By End-Use Industry 9.1. Railways 9.2. Construction 9.3. Industrial 9.4. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Production Process, Product Type, and End-Use Industry for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. ArcelorMittal 20.2. POSCO 20.3. NUCOR Corporation 20.4. China Baowu Steel Group Corporation Limited 20.5. Mechel Pao 20.6. Dyneon Gmbh 20.7. Novolipetsk Steel 20.8. Tata Steel 20.9. Ansteel Group Corporation Limited 20.10. JFE Steel Corporation 20.11. Hyundai steel. 20.12. JSW Steel 20.13. Wuhan Iron 20.14. Steel Corporation
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Production Process
Table 3: Global Market US$ Mn Forecast by Product Type
Table 4: Global Market US$ Mn Forecast by End-Use Industry
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Production Process
Table 7: North America Market US$ Mn Forecast by Product Type
Table 8: North America Market US$ Mn Forecast by End-Use Industry
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Production Process
Table 11: Latin America Market US$ Mn Forecast by Product Type
Table 12: Latin America Market US$ Mn Forecast by End-Use Industry
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Production Process
Table 15: Western Europe Market US$ Mn Forecast by Product Type
Table 16: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Production Process
Table 19: Eastern Europe Market US$ Mn Forecast by Product Type
Table 20: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Production Process
Table 23: East Asia Market US$ Mn Forecast by Product Type
Table 24: East Asia Market US$ Mn Forecast by End-Use Industry
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Production Process
Table 27: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 28: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Production Process
Table 31: MEA Market US$ Mn Forecast by Product Type
Table 32: MEA Market US$ Mn Forecast by End-Use Industry
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Production Process
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is driving the demand outlook for the Long steel Market?
Long steel is extensively used for construction purposes to provide structural support to the body of the building.
Where will the growth spearhead in the Long steel market?
East Asia is expected to witness the highest growth over the forecast period.
Which are the top players in the market?
The major key players are ArcelorMittal, POSCO, NUCOR Corporation, China Baowu Steel Group Corporation Limited, and Mechel Pao.