Shipbuilding steel plate basically refers to hot-rolled steel used for the manufacturing of ship structures produced as per the requirements of any construction society. It is often used as a special steel ordering, sales, a ship including ship plates, scheduling, steel, and so on. Most of the market players supply and export two types of ship steel, such as medium strength shipbuilding plate and high strength shipbuilding plate. Ship steel has developed into two series, including high strength and corrosion-resistant steels for modern shipbuilding, which can further reduce the shipping weight as well as the maintenance cost.
MARKET DYNAMICS
The steel ship plate market has witnessed a significant growth owing to factors such as wider application in the tanker, bulker, container, and others. A major factor driving the growth of the ship plate market is the availability of raw materials. Steel, utilized as a raw material for ship plate manufacturing, is witnessing steady increasing demand in both developed and developing countries owing to its extensive application in major end-use industries, including shipbuilding, automotive, construction, etc. Escalating shipbuilding activities mainly in the Asia Pacific region after the slump in 2015 - 16 can be considered as the chief growth driver for the ship plate market. In the first quarter of the year 2021, China has secured more than 40% of the global shipbuilding orders, followed by South Korea and Japan. The presence of the large shipbuilding companies, including China Shipbuilding Industry Corporation, Hyundai, and Mitsubishi, along with the abundant deposit of iron ore in the region, is further drive the regional shipbuilding sector over the coming years. However, fluctuation in steel prices may pose hindrances to the global ship plate market. Nevertheless, with the steady growth in the heavy metal industry and marine sector, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Steel Ship Plate Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the steel ship plate market with detailed market segmentation by product, application, distribution channel, and geography. The global steel ship plate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steel ship plate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global steel ship plate market is segmented on the basis of product, and application. On the basis of product, the steel ship plate market is segmented into carbon steel and stainless steel. The steel ship plate market on the basis of the application is classified into tanker, bulker, container, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global steel ship plate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel ship plate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the steel ship plate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the steel ship plate market in these regions.

Have a question?

Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global steel ship plate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel ship plate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the steel ship plate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the steel ship plate market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global steel ship plate market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from steel ship plate market are anticipated to lucrative growth opportunities in the future with the rising demand for steel ship plate in the global market. Below mentioned is the list of few companies engaged in the steel ship plate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the steel ship plate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ansteel
- Baosteel
- Chongqing Steel
- Dongkuk
- JFE Steel
- Nanjing Steel
- NSSMC
- POSCO
- SD Steel
- Valin Xiangtan Steel
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities

Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
This text is related
to segments covered.

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Steel Ship Plate Market - By Product
1.3.2 Steel Ship Plate Market - By Application
1.3.3 Steel Ship Plate Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. STEEL SHIP PLATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. STEEL SHIP PLATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. STEEL SHIP PLATE MARKET - GLOBAL MARKET ANALYSIS
6.1. STEEL SHIP PLATE - GLOBAL MARKET OVERVIEW
6.2. STEEL SHIP PLATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. STEEL SHIP PLATE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CARBON STEEL
7.3.1. Overview
7.3.2. Carbon Steel Market Forecast and Analysis
7.4. STAINLESS STEEL
7.4.1. Overview
7.4.2. Stainless Steel Market Forecast and Analysis
8. STEEL SHIP PLATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TANKER
8.3.1. Overview
8.3.2. Tanker Market Forecast and Analysis
8.4. BULKER
8.4.1. Overview
8.4.2. Bulker Market Forecast and Analysis
8.5. CONTAINER
8.5.1. Overview
8.5.2. Container Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. STEEL SHIP PLATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Steel Ship Plate Market Overview
9.1.2 North America Steel Ship Plate Market Forecasts and Analysis
9.1.3 North America Steel Ship Plate Market Forecasts and Analysis - By Product
9.1.4 North America Steel Ship Plate Market Forecasts and Analysis - By Application
9.1.5 North America Steel Ship Plate Market Forecasts and Analysis - By Countries
9.1.5.1 United States Steel Ship Plate Market
9.1.5.1.1 United States Steel Ship Plate Market by Product
9.1.5.1.2 United States Steel Ship Plate Market by Application
9.1.5.2 Canada Steel Ship Plate Market
9.1.5.2.1 Canada Steel Ship Plate Market by Product
9.1.5.2.2 Canada Steel Ship Plate Market by Application
9.1.5.3 Mexico Steel Ship Plate Market
9.1.5.3.1 Mexico Steel Ship Plate Market by Product
9.1.5.3.2 Mexico Steel Ship Plate Market by Application
9.2. EUROPE
9.2.1 Europe Steel Ship Plate Market Overview
9.2.2 Europe Steel Ship Plate Market Forecasts and Analysis
9.2.3 Europe Steel Ship Plate Market Forecasts and Analysis - By Product
9.2.4 Europe Steel Ship Plate Market Forecasts and Analysis - By Application
9.2.5 Europe Steel Ship Plate Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Steel Ship Plate Market
9.2.5.1.1 Germany Steel Ship Plate Market by Product
9.2.5.1.2 Germany Steel Ship Plate Market by Application
9.2.5.2 France Steel Ship Plate Market
9.2.5.2.1 France Steel Ship Plate Market by Product
9.2.5.2.2 France Steel Ship Plate Market by Application
9.2.5.3 Italy Steel Ship Plate Market
9.2.5.3.1 Italy Steel Ship Plate Market by Product
9.2.5.3.2 Italy Steel Ship Plate Market by Application
9.2.5.4 United Kingdom Steel Ship Plate Market
9.2.5.4.1 United Kingdom Steel Ship Plate Market by Product
9.2.5.4.2 United Kingdom Steel Ship Plate Market by Application
9.2.5.5 Russia Steel Ship Plate Market
9.2.5.5.1 Russia Steel Ship Plate Market by Product
9.2.5.5.2 Russia Steel Ship Plate Market by Application
9.2.5.6 Rest of Europe Steel Ship Plate Market
9.2.5.6.1 Rest of Europe Steel Ship Plate Market by Product
9.2.5.6.2 Rest of Europe Steel Ship Plate Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Steel Ship Plate Market Overview
9.3.2 Asia-Pacific Steel Ship Plate Market Forecasts and Analysis
9.3.3 Asia-Pacific Steel Ship Plate Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Steel Ship Plate Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Steel Ship Plate Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Steel Ship Plate Market
9.3.5.1.1 Australia Steel Ship Plate Market by Product
9.3.5.1.2 Australia Steel Ship Plate Market by Application
9.3.5.2 China Steel Ship Plate Market
9.3.5.2.1 China Steel Ship Plate Market by Product
9.3.5.2.2 China Steel Ship Plate Market by Application
9.3.5.3 India Steel Ship Plate Market
9.3.5.3.1 India Steel Ship Plate Market by Product
9.3.5.3.2 India Steel Ship Plate Market by Application
9.3.5.4 Japan Steel Ship Plate Market
9.3.5.4.1 Japan Steel Ship Plate Market by Product
9.3.5.4.2 Japan Steel Ship Plate Market by Application
9.3.5.5 South Korea Steel Ship Plate Market
9.3.5.5.1 South Korea Steel Ship Plate Market by Product
9.3.5.5.2 South Korea Steel Ship Plate Market by Application
9.3.5.6 Rest of Asia-Pacific Steel Ship Plate Market
9.3.5.6.1 Rest of Asia-Pacific Steel Ship Plate Market by Product
9.3.5.6.2 Rest of Asia-Pacific Steel Ship Plate Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Steel Ship Plate Market Overview
9.4.2 Middle East and Africa Steel Ship Plate Market Forecasts and Analysis
9.4.3 Middle East and Africa Steel Ship Plate Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Steel Ship Plate Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Steel Ship Plate Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Steel Ship Plate Market
9.4.5.1.1 South Africa Steel Ship Plate Market by Product
9.4.5.1.2 South Africa Steel Ship Plate Market by Application
9.4.5.2 Saudi Arabia Steel Ship Plate Market
9.4.5.2.1 Saudi Arabia Steel Ship Plate Market by Product
9.4.5.2.2 Saudi Arabia Steel Ship Plate Market by Application
9.4.5.3 U.A.E Steel Ship Plate Market
9.4.5.3.1 U.A.E Steel Ship Plate Market by Product
9.4.5.3.2 U.A.E Steel Ship Plate Market by Application
9.4.5.4 Rest of Middle East and Africa Steel Ship Plate Market
9.4.5.4.1 Rest of Middle East and Africa Steel Ship Plate Market by Product
9.4.5.4.2 Rest of Middle East and Africa Steel Ship Plate Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Steel Ship Plate Market Overview
9.5.2 South and Central America Steel Ship Plate Market Forecasts and Analysis
9.5.3 South and Central America Steel Ship Plate Market Forecasts and Analysis - By Product
9.5.4 South and Central America Steel Ship Plate Market Forecasts and Analysis - By Application
9.5.5 South and Central America Steel Ship Plate Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Steel Ship Plate Market
9.5.5.1.1 Brazil Steel Ship Plate Market by Product
9.5.5.1.2 Brazil Steel Ship Plate Market by Application
9.5.5.2 Argentina Steel Ship Plate Market
9.5.5.2.1 Argentina Steel Ship Plate Market by Product
9.5.5.2.2 Argentina Steel Ship Plate Market by Application
9.5.5.3 Rest of South and Central America Steel Ship Plate Market
9.5.5.3.1 Rest of South and Central America Steel Ship Plate Market by Product
9.5.5.3.2 Rest of South and Central America Steel Ship Plate Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. STEEL SHIP PLATE MARKET, KEY COMPANY PROFILES
11.1. ANSTEEL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAOSTEEL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHONGQING STEEL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DONGKUK
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JFE STEEL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NANJING STEEL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NSSMC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. POSCO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SD STEEL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VALIN XIANGTAN STEEL
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Ansteel
2. Baosteel
3. Chongqing Steel
4. Dongkuk
5. JFE Steel
6. Nanjing Steel
7. NSSMC
8. POSCO
9. SD Steel
10. Valin Xiangtan Steel
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.