Carbon Steel Market Size, Revenue Share, Major Players, Growth...

Carbon Steel Market Size, Revenue Share, Major Players, Growth Analysis, and Forecast, 2021–2030

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Posted 2022-08-02 12:55:19

Global Carbon Steel Market research report offers a panoramic view of the Carbon Steel Market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Carbon Steel Market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.

The Global Carbon Steel Market size is expected to reach USD 1,273.26 Billion in 2030 and register a steady revenue CAGR of 3.4% over the forecast period, according to latest analysis by Emergen Research. Steady carbon steel market revenue growth can be attributed to the positive outlook of the construction industry. Different forms of carbon steel have practically endless construction applications and are highly preferred for building frames in commercial, governmental, and residential structures is low-carbon steel. Low-carbon steel is used to make produce automotive components, steel pipes, bridges, nails, wires, and chains among others. Cutting tools, springs, coils, wrenches, hammers, and tools needed in construction and mechanical applications are produced using high-carbon steel due to greater hardness and durability.

The use of High-Strength, Low-Alloy (HSLA) steels contain other elements such as copper, nickel, vanadium, and molybdenum, and are frequently categorized as low-carbon steels. High-strength, low-alloy steels have greater strengths owing to heat treatment. These materials are ductile and are therefore simple to shape and machine. HSLAs are more corrosion-resistant than standard low-carbon steels.

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Top players profiled in the report include are ArcelorMittal, HBIS Group, Nippon Steel Corporation, POSCO, United States Steel Corporation, EVRAZ plc, Baosteel Group, JFE Steel Corporation, NLMK, and AK Steel International B.V.

Emergen Research has segmented the global carbon steel market on the basis of type, application, and region:

Type Outlook (Revenue, USD Billion; 2019-2030) (Kilo Tons)
- Low Carbon Steel
- Medium Carbon Steel
- High Carbon Steel

Application Outlook (Revenue, USD Billion; 2019-2030) (Kilo Tons)
- Shipbuilding
- Construction
- Automotive
- Others

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Regional Outlook (Revenue, USD Billion; 2019-2030) (Kilo Tons)
- North America

U.S.
Canada
Mexico

Europe

Germany
U.K.
France
Italy
Spain
Sweden
BENELUX
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Rest of APAC

Latin America

Brazil
Rest of LATAM

Middle East & Africa

Saudi Arabia
UAE
South Africa
Israel
Rest of MEA

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Key Offerings of the Report:

Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects
Analysis of the key strategic initiatives and competitive landscape including mergers & acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others
Comprehensive analysis of the industry outlook and analysis of the industrial chain
Market forecast based on global, regional, and country-level market analysis
Competitive landscape benchmarking
In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business

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About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Emergen Research | Web: www.emergenresearch.com

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