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Coated Steel Market

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Information about Coated Steel Market
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Published on August 18, 2017

Author: paragtk

Source: authorstream.com

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slide 1: The report "Coated Steel Market by Resin Type Polyester Fluoropolymer Siliconized Polyester Plastisol and Others by Application Building Construction Appliances Automotive and Others - Global Forecast to 2020" The global coated steel market 2015–2020 is projected to reach USD 26.68 Billion by 2020 registering a CAGR of 5.30 between 2015 and 2020. The major driver identified for the global coated steel market is growing demand from end-use industries such as construction automotive and appliances stiff competition in the coated steel industry inexpensive than electro-galvanizing process product quality and differentiation durability of cut edges and fluoropolymer continue to grow in the building construction market. Browse 79 market data Tables and 72 Figures spread through 167 Pages and in-depth TOC on "Coated Steel Market by Resin Type Polyester Fluoropolymer Siliconized Polyester Plastisol and Others by Application Building Construction Appliances Automotive and Others - Global Forecast to 2020" Download Full PDF Brochure Early buyers will receive 10 customization on reports. Growing demand from end-use industries is driving the demand for coated steel The growth of the downstream industries is the key driving force for the coated steel market. For example in the refrigerator market the sales in the Asia-Pacific region have witnessed a steady growth in the past few years. China and India are the key production hubs of refrigerators due to huge domestic demand and low production costs. The great demand from such end-use industry has driven the market for coated steel. The increasing potential to spend on upgrades for kitchens roofing and basic home improvements and additions most of which include steel coated products are driving the coated steel market. Polyester the largest resin type for coated steel In 2015 the polyester resin segment accounted for the largest market share in terms of value. Polyester resins form highly durable structures and coatings are cross-linked with a vinylic reactive monomer which is most commonly styrene. The current industry trend highlights the use of polyester resin above all other resin types. In addition it has limited use in the coatings industry primarily because curing is strongly inhibited by oxygen leaving the surface of the polyester-coated steel soft and sticky. Due to these properties the polyester-coated steel are the most broadly used coated steel globally. Asia-Pacific is the largest market for coated steel both in terms of volume and value followed by Europe and North America. Countries such as the China India South Korea Russia and the U.S. and the Middle Eastern countries are the major markets of coated steel. Due to increasing demand on the domestic front increasing income levels and easy access to resources Asia-Pacific has emerged as the leading market of coated steel. Brazil has also emerged as a key market for coated steel manufacturers. Not only is the demand for coated steel expected to be strong in Brazil but its proximity to the U.S. is also expected to turn it as a hot spot for setting up production facilities. Key market players in coated steel market The key players in this market are ArcelorMittal S.A. Luxembourg SSAB AB Sweden Salzgitter AG Germany OJSC Novolipetsk Steel NLMK Russia Voestalpine AG Austria OJSC Magnitogorsk Iron Steel Works MMK Russia ThyssenKrupp AG Germany Nippon Steel Sumitomo Metal Corporation Japan United States Steel U.S. Essar Steel Ltd. India Tata Steel Ltd. India Lysvenskii Metallurgicheskii Zavod Zao Russia and Jindal Steel Power Ltd. India and others. To Request for sample pages Click Here slide 2: About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30000 high growth niche opportunities/threats which will impact 70 to 80 of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80 of global Fortune 1000 companies as clients. Almost 75000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities identify most important customers write "Attack avoid and defend" strategies identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1500 MicroQuadrants Positioning top players across leaders emerging companies innovators strategic players annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform "RT" connects over 200000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175 Seattle WA 98101 United States 1-888-600-6441 Email: salesmarketsandmarkets.com

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