Carbon steel is a steel with a low carbon content that comes in flat plates, sheets, and ingots. Carbon steel has a carbon content ranging from 0.04 percent to 0.30 percent. Because of its constructability, availability, and low cost compared to other materials, carbon steel is used in gas and oil production.
MARKET DYNAMICS
Flat carbon steel is formed into levelled sheets and strips, which are used in shipbuilding, wire, vehicle bodies, and local apparatuses. For example, flat carbon steel is gaining popularity in the automobile industry due to the growing use of lightweight materials in vehicle construction. Flat carbon steel has exceptional quality and longevity, making it useful in a wide range of applications. It is used in walled areas for vehicle park and air terminal structures, the cladding of restored burrows, and many other applications because it is impervious to consumption and scraped area. Also, the growing demand for support and renovation projects in developed countries drives the production of flat carbon steel showcases.
MARKET SCOPE
The "Global Flat Carbon Steel Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the flat carbon steel market with detailed market segmentation by application and product. The global flat carbon steel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading flat carbon steel market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global flat carbon steel market is segmented into product and application. By product, the flat carbon steel market is classified into plates, hot-rolled coils, cold-rolled coils, galvanized coils, pre-painted steel coils, tinplate's. By application, the flat carbon steel market is classified into machine manufacturing and building & construction.
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 flat carbon steel market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The flat carbon steel 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 flat carbon steel market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 flat carbon steel market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global flat carbon steel market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The flat carbon steel 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 flat carbon steel market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 flat carbon steel market in these regions.
MARKET PLAYERS
The report covers vital developments in the flat carbon steel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the flat carbon steel market are anticipated to lucrative growth opportunities in the future with the rising demand for flat carbon steel in the global market. Below mentioned is the list of few companies engaged in the flat carbon steel market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the flat carbon steel market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- ArcelorMittal S.A.
- NIPPON STEEL CORPORATION
- POSCO Steel
- DONGKUKSTEEL MILL CO.
- HYUNDAI STEEL
- Dongbu Steel
- EVRAZ plc
- SAIL
- JFE Steel Corporation
- thyssenkrupp AG
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current 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 Flat Carbon Steel Market - By Product
1.3.2 Flat Carbon Steel Market - By Application
1.3.3 Flat Carbon Steel Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FLAT CARBON STEEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FLAT CARBON STEEL 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. FLAT CARBON STEEL MARKET - GLOBAL MARKET ANALYSIS
6.1. FLAT CARBON STEEL - GLOBAL MARKET OVERVIEW
6.2. FLAT CARBON STEEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FLAT CARBON STEEL MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PLATES
7.3.1. Overview
7.3.2. Plates Market Forecast and Analysis
7.4. HOT-ROLLED COILS
7.4.1. Overview
7.4.2. Hot-rolled Coils Market Forecast and Analysis
7.5. COLD-ROLLED COILS
7.5.1. Overview
7.5.2. Cold-rolled Coils Market Forecast and Analysis
7.6. GALVANIZED COILS
7.6.1. Overview
7.6.2. Galvanized Coils Market Forecast and Analysis
7.7. PRE-PAINTED STEEL COILS
7.7.1. Overview
7.7.2. Pre-painted Steel Coils Market Forecast and Analysis
7.8. TINPLATES
7.8.1. Overview
7.8.2. Tinplates Market Forecast and Analysis
8. FLAT CARBON STEEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MACHINE MANUFACTURING
8.3.1. Overview
8.3.2. Machine Manufacturing Market Forecast and Analysis
8.4. BUILDING AND CONSTRUCTION
8.4.1. Overview
8.4.2. Building and Construction Market Forecast and Analysis
9. FLAT CARBON STEEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Flat Carbon Steel Market Overview
9.1.2 North America Flat Carbon Steel Market Forecasts and Analysis
9.1.3 North America Flat Carbon Steel Market Forecasts and Analysis - By Product
9.1.4 North America Flat Carbon Steel Market Forecasts and Analysis - By Application
9.1.5 North America Flat Carbon Steel Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Flat Carbon Steel Market
9.1.5.1.1 Canada Flat Carbon Steel Market by Product
9.1.5.1.2 Canada Flat Carbon Steel Market by Application
9.1.5.2 Mexico Flat Carbon Steel Market
9.1.5.2.1 Mexico Flat Carbon Steel Market by Product
9.1.5.2.2 Mexico Flat Carbon Steel Market by Application
9.1.5.3 US Flat Carbon Steel Market
9.1.5.3.1 US Flat Carbon Steel Market by Product
9.1.5.3.2 US Flat Carbon Steel Market by Application
9.2. EUROPE
9.2.1 Europe Flat Carbon Steel Market Overview
9.2.2 Europe Flat Carbon Steel Market Forecasts and Analysis
9.2.3 Europe Flat Carbon Steel Market Forecasts and Analysis - By Product
9.2.4 Europe Flat Carbon Steel Market Forecasts and Analysis - By Application
9.2.5 Europe Flat Carbon Steel Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Flat Carbon Steel Market
9.2.5.1.1 Germany Flat Carbon Steel Market by Product
9.2.5.1.2 Germany Flat Carbon Steel Market by Application
9.2.5.2 France Flat Carbon Steel Market
9.2.5.2.1 France Flat Carbon Steel Market by Product
9.2.5.2.2 France Flat Carbon Steel Market by Application
9.2.5.3 Italy Flat Carbon Steel Market
9.2.5.3.1 Italy Flat Carbon Steel Market by Product
9.2.5.3.2 Italy Flat Carbon Steel Market by Application
9.2.5.4 United Kingdom Flat Carbon Steel Market
9.2.5.4.1 United Kingdom Flat Carbon Steel Market by Product
9.2.5.4.2 United Kingdom Flat Carbon Steel Market by Application
9.2.5.5 Russia Flat Carbon Steel Market
9.2.5.5.1 Russia Flat Carbon Steel Market by Product
9.2.5.5.2 Russia Flat Carbon Steel Market by Application
9.2.5.6 Rest of Europe Flat Carbon Steel Market
9.2.5.6.1 Rest of Europe Flat Carbon Steel Market by Product
9.2.5.6.2 Rest of Europe Flat Carbon Steel Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Flat Carbon Steel Market Overview
9.3.2 Asia-Pacific Flat Carbon Steel Market Forecasts and Analysis
9.3.3 Asia-Pacific Flat Carbon Steel Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Flat Carbon Steel Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Flat Carbon Steel Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Flat Carbon Steel Market
9.3.5.1.1 Australia Flat Carbon Steel Market by Product
9.3.5.1.2 Australia Flat Carbon Steel Market by Application
9.3.5.2 China Flat Carbon Steel Market
9.3.5.2.1 China Flat Carbon Steel Market by Product
9.3.5.2.2 China Flat Carbon Steel Market by Application
9.3.5.3 India Flat Carbon Steel Market
9.3.5.3.1 India Flat Carbon Steel Market by Product
9.3.5.3.2 India Flat Carbon Steel Market by Application
9.3.5.4 Japan Flat Carbon Steel Market
9.3.5.4.1 Japan Flat Carbon Steel Market by Product
9.3.5.4.2 Japan Flat Carbon Steel Market by Application
9.3.5.5 South Korea Flat Carbon Steel Market
9.3.5.5.1 South Korea Flat Carbon Steel Market by Product
9.3.5.5.2 South Korea Flat Carbon Steel Market by Application
9.3.5.6 Rest of Asia-Pacific Flat Carbon Steel Market
9.3.5.6.1 Rest of Asia-Pacific Flat Carbon Steel Market by Product
9.3.5.6.2 Rest of Asia-Pacific Flat Carbon Steel Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Flat Carbon Steel Market Overview
9.4.2 Middle East and Africa Flat Carbon Steel Market Forecasts and Analysis
9.4.3 Middle East and Africa Flat Carbon Steel Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Flat Carbon Steel Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Flat Carbon Steel Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Flat Carbon Steel Market
9.4.5.1.1 South Africa Flat Carbon Steel Market by Product
9.4.5.1.2 South Africa Flat Carbon Steel Market by Application
9.4.5.2 Saudi Arabia Flat Carbon Steel Market
9.4.5.2.1 Saudi Arabia Flat Carbon Steel Market by Product
9.4.5.2.2 Saudi Arabia Flat Carbon Steel Market by Application
9.4.5.3 U.A.E Flat Carbon Steel Market
9.4.5.3.1 U.A.E Flat Carbon Steel Market by Product
9.4.5.3.2 U.A.E Flat Carbon Steel Market by Application
9.4.5.4 Rest of Middle East and Africa Flat Carbon Steel Market
9.4.5.4.1 Rest of Middle East and Africa Flat Carbon Steel Market by Product
9.4.5.4.2 Rest of Middle East and Africa Flat Carbon Steel Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Flat Carbon Steel Market Overview
9.5.2 South and Central America Flat Carbon Steel Market Forecasts and Analysis
9.5.3 South and Central America Flat Carbon Steel Market Forecasts and Analysis - By Product
9.5.4 South and Central America Flat Carbon Steel Market Forecasts and Analysis - By Application
9.5.5 South and Central America Flat Carbon Steel Market Forecasts and Analysis - By Countries
9.5.5.1 Argentina Flat Carbon Steel Market
9.5.5.1.1 Argentina Flat Carbon Steel Market by Product
9.5.5.1.2 Argentina Flat Carbon Steel Market by Application
9.5.5.2 Chile Flat Carbon Steel Market
9.5.5.2.1 Chile Flat Carbon Steel Market by Product
9.5.5.2.2 Chile Flat Carbon Steel Market by Application
9.5.5.3 Rest of South and Central America Flat Carbon Steel Market
9.5.5.3.1 Rest of South and Central America Flat Carbon Steel Market by Product
9.5.5.3.2 Rest of South and Central America Flat Carbon Steel 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. FLAT CARBON STEEL MARKET, KEY COMPANY PROFILES
11.1. ARCELORMITTAL S.A.
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. NIPPON STEEL CORPORATION
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. POSCO 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. DONGKUKSTEEL MILL CO.
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. HYUNDAI 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. DONGBU 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. EVRAZ PLC
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. SAIL
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. JFE STEEL CORPORATION
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. THYSSENKRUPP AG
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. ArcelorMittal S.A.
2. NIPPON STEEL CORPORATION
3. POSCO Steel
4. DONGKUKSTEEL MILL CO.
5. HYUNDAI STEEL
6. Dongbu Steel
7. EVRAZ plc
8. SAIL
9. JFE Steel Corporation
10. thyssenkrupp AG
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.
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