The global galvanized steel market to grow at a CAGR of 5.18% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global galvanized steel market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top seven vendors operating in the market. The report also includes a discussion of the key vendors operating in this market.
Galvanization is the method of applying a protective zinc layer to steel to prevent rust and corrosion. Galvanized steel is coated with zinc to prevent corrosion of steel. Galvanized steel is used in applications such as building and construction, automotive, engineering, consumer durables, and electrical. The market is driven by the rapid industrialization in developing countries leading to increase in investments in building and construction activities.
According to the report, one of the primary drivers in the market is upgrading of existing transmission and distribution networks. Global investments in transmission and distribution infrastructure will amount approximately $8.4 trillion by 2040. Galvanized steel has wide applications such as equipment buildings, platforms, stairs, and handrails. Piping and its fittings consume massive amounts of galvanized steel in water reticulation, cooling water, and fire protections systems. In transmission towers, galvanized steel products are used in bolts and nuts, steel main frames, and cable support systems. In a coal-fired power station, galvanized steel conveyor systems are widely used for fuel supply.
- JFE Steel
Other prominent vendors
- AK Steel
- Hebei Iron and Steel
- Shagang Group
- Tata Steel
- United States Steel (USSC)
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product form
Part 07: Market segmentation by end-user
Part 08: Geographic segmentation
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
For more information about this report visit http://www.researchandmarkets.com/research/k3gnbh/global_galvanized