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Coated Steel Market Share

Report ID: GMI5133
Published Date: Jun 2024
Report Format: PDF

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Coated Steel Market Share

Coated Steel Market Company Share, (2023)

The coated steel industry is witnessing an exponential growth in demand driven by the concerted efforts of key companies in the industry. Companies like ArcelorMittal, POSCO and Tata Steel are investing heavily in R&D to advance coating technology. Innovations, such as environmentally friendly coatings durable materials, high performance, and advanced corrosion resistance are highlighted by these companies. Additionally, they are meeting stringent industry standards and environmental regulations, leading to more product demand.

Coated Steel Market Companies

Major companies operating in the coated steel industry include:

ArcelorMittal
Baosteel Group
ChinaSteel
Essar Steel
JFE Steel Corporation
JSW
Kobe Steel Ltd.
Nippon Steel Corporation
Nucor
OJSC Novolipetsk Steel
POSCO
Severstal
SSAB AB
Tata Steel
Voestalpine AG

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for coated steel was valued at over USD 57.5 billion in 2023 and is estimated to reach over USD 82.9 billion by 2032, driven by advances in R&D activities.

Metallic coated steel market will register over USD 63.4 billion by 2032, owing to its longevity and durability.

Asia Pacific market size recorded over USD 23 billion in 2023 and will surpass USD 35 billion by 2032, owing to heavy investments in construction, automotive and manufacturing sectors.

ArcelorMittal, Baosteel Group, China Steel, Essar Steel, JFE Steel Corporation, JSW, Kobe Steel Ltd, Nippon Steel Corporation, and Nucor among others.