DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Steel Market Analysis By Product (Hot, Cold, Direct Rolled, Tubes), By Application (Pre-engineered Metal Buildings, Bridges, Industrial Structures), By PMB, By Region, And Segment Forecasts, 2014 - 2025" report to their offering.
The global steel market is expected to reach USD 1.01 trillion by 2025
Growing inclination of contractors towards sustainable, low cost and durable building materials is driving steel demand in upcoming residential projects & industrial infrastructure.
Technological advancements have made pre-engineered metal buildings with high structural integrity a reality, where steel plays an essential function in lending stability, aesthetic appeal and design flexibility. Stringent regulations promoting green & energy-efficient buildings is also contributing to steel demand, especially in industrial structures.
The Asia Pacific market is relatively subdued, but displays high growth owing to exponential growth in the Indian market as of 2017 on account of protectionist measures & rising demand. About 1/3rd of Chinese exports are shipped to countries in Southeast Asia owing to anti-dumping policies by western countries, which has contributed to economic growth and infrastructure development in these countries.
Hot rolled products dominated the steel industry with over 75% of the volume share in 2016. These products are widely utilized in automobile structures such as frames, wheel and other parts as well as welding and construction trades among others.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Steel Market Variables, Trends & Scope
4 Steel Market: Product Estimates & Trend Analysis
5 Steel Market: Application Estimates & Trend Analysis
6 Steel Market: Regional Estimates & Trend Analysis
7 Competitive Landscape
8 Company Profiles
- Emirates Steel
- Hamriyah Steel FZC
- Al Nasser Industrial Enterprises LLC
- United Iron & Steel Co. LLC
- Al Ghurair Iron & Steel LLC
- Al Rajhi Steel
- Absal Steel
- Hadeed (SABIC)
- Solb Steel Company
For more information about this report visit https://www.researchandmarkets.com/research/nn7jw5/steel_market