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Navigating Market Dynamics in the Long Steel Products Industry
The global long steel products market size is expected to reach USD 1,012.11 billion by 2030, expanding at a CAGR of 5.1% from 2024 to 2030, according to a new report by Grand View Research, Inc,. Products such as rebars and wire rodsare of vital importance in today’s world with their growing emphasis in the building and construction industry. Based on product, the market is segmented into rebars, wire rods, sections, and tubes, of which rebars are extensively used in the construction of infrastructure and buildings. Wire rods are manufactured by drawing hot metals through shafts to develop wires with reduced diameters. Wire rods represent the most ductile form owing to their high ductility and easy availability in different diameters. They are widely used in construction and fencing applications which is positively impacting their growth.
Long Steel Products Market Report Highlights
Based on product, rebars held a revenue share of more than 34.0% in 2023 of the global market. Rebars are embedded in the concrete or used along with it so that the concrete can withstand the compressive forces in the structure and sustain against the tensile forces formed in the structure. The demand for rebars is expected to propel in developing nations owing to the growing construction activities
In terms of revenue, wire rods is anticipated to register a CAGR of 5.9% across the forecast period owing to their rising use in the automotive industry
Asia Pacific accounted for the highest share of over 66.0% in 2023, in terms of revenue, and this trend is anticipated to continue over the forecast period. As the region is characterized by a growing population and surging housing requirements, countries such as China and India, are witnessing an increasing number of residential construction projects. This is expected to result in significant product demand in the Asia Pacific in the coming years
The market is characterized by intense competition. Several of players are entering into long term supply contracts with end-users. ArcelorMittal, Emirates Steel Arkan and Emirates Rebar Limited are among the leading players of the market in the world
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Based on region, Asia Pacific is one of the leading markets in the world. The growth is attributable to China which is the largest producer and consumer of long steel products in the Asia Pacific. Other major markets in the region include Japan, South Korea, India, and Southeast Asian countries such as Indonesia, Vietnam, and Thailand. In recent years, the Asia Pacific market has faced challenges due to a global oversupply of raw materials, increased competition from other steel-producing countries, and the impact of the COVID-19 pandemic on the region's economies.
Further, various growth strategies such as new product development and capacity expansions by the market players are likely to benefit the industry growth. For instance, in February 2023, ArcelorMittal introduced a new blast oxygen furnace LD (Linz-Donawitz) converter in Bosnia with a capacity of 125 tons. This converter has been supplied by Primetals Technologies. Thus, this investment ramps up the production and processing of steel into billets, bars, blooms, and ingots.
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Global Sintered Steel Market Outlook (2022-2028): Top Companies, Trends and Growth Factors Details for Business Development
Global Sintered Steel Market Future Growth, Industry Verticals, and Research Forecast Up to 2028
This market research report on Sintered Steel provides detailed analysis on the main growth prospects and challenges in the market. This research study is expected to guide the new and existing key players in the market in making current business decisions in order to sustain in the rigid competition of the global Sintered Steel market. The report sheds light on the main product portfolios, geographical segments, key applications, and the competitive landscape of the global Sintered Steel market that have been mentioned in the study. (Impact of COVID-19 and Recovery)
Moreover, with the help of analytical tools, the research study gives insights into the main growth barriers, drivers, promising opportunities, and limitations in the global Sintered Steel market. The research report additionally addresses some of the very important questions regarding the development and latest trends in the global Sintered Steel market.
Major players engaged in the development and marketing of Sintered Steel are: Get sample copy for more detail or buy complete report.
Request a sample copy of Sintered Steel Market (Including Full TOC, Table & Figures) @ https://www.lexisbusinessinsights.com/request-sample-227533
Regional analysis for Global Sintered Steel Market includes: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Revenue forecasts from 2022 to 2028 (with 2021 as the base year) are given for each type, end user segment and regional market, with an estimated value derived from manufacturers’ total revenues. The report also discusses the major players in the Sintered Steel market. It also explains the market movements and regional dynamics of the global market and current industry trends.
“Our new sample is updated which correspond in new report showing impact of COVID-19 on Sintered Steel Industry”
The readers will find this report very helpful in understanding the Sintered Steelmarket in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Key takeaways from the presented market analysis:
Region-wise assessment of the different factors expected to influence market growth in each region
A thorough assessment of growth opportunities for market players in different regions
In-depth understanding of the innovations in the Sintered Steel Market space
Influence of technological advances on the Sintered Steel Market
Analysis of the supply-demand ratio in different end-use industries
The report evaluates the current state of the global Sintered Steel Market in terms of volume (X units), consumption, value (Mn/Bn), production and more. In addition, the study tracks the latest proceedings within the various market segments, end use industries, geographies, and regulatory landscape.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprint
The market analysis provides answers to some important questions related to the Sintered Steel Market:
Which end-use industry is expected to generate the maximum demand for Sintered Steel during the forecast period 2022–2028?
Which market players in the Sintered Steel Market are at the forefront in terms of product/technology innovation?
Which region is set to register the maximum growth in terms of value and market share?
Is the current Sintered Steel Market landscape favorable for new market entrants?
What is the most common observable trend within the Sintered Steel Market?
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TABLE OF CONTENTS:
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Sintered Steel Production by Regions
5 Sintered Steel Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Sintered Steel Study
14 Appendix
About Lexis business insights:
Lexis business insights is a market intelligence company specialized in healthcare & pharmaceuticals, chemicals & materials, machinery & equipment, service software, consumer goods, medical devices, electronics & semiconductors, ict, and more. With A categorical and comprehensive focus on these high-growth industries our solutions are effectively capable of streamlining your business strategies.
Note: In case the reports don't match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself. Also impact of COVID-19 on Industry added in final report.
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Steel Structures Shaping the Future: A Detailed Analysis of the Structural Steel Market Dynamics
The global structural steel market size was valued at USD 174.51 Billion in 2030 and is likely to register a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. The market growth is attributed to the growth in the construction sector and rising demand for steel as a green and sustainable material. Structural steel is utilized for construction-related applications. Its high carbon content offers high strength and low ductility. It is available in the form of various shapes such as I-beam, Z-shape, angle, tee, bar, and rod, depending upon the applications. It can be customized into a variety of shapes in different thicknesses and sizes owing to its ductility. Based on application, the market is segmented into residential and non-residential, where the latter dominates the market, in terms of revenue share.
Structural Steel Market Report Highlights
Based on region, Asia Pacific dominated the global market in 2022 on account of the growing infrastructural developments in the region
The non-residential application segment is anticipated to register the fastest CAGR, in terms of revenue, over the forecast period due to the rising renovation activities and spending on infrastructure development
The industrial sub-segment led the non-residential application in 2022. Increasing construction of lightweight industrial building systems that make use of thin sheet-covered surfaces is the recent technological development, which is driving the demand for high-strength structural steel
Middle East & Africa is expected to grow at a considerable CAGR, in terms of revenue, over the forecast period. The growth can be attributed to the upcoming infrastructure-related projects in the Middle East
For More Details or Sample Copy please visit link @: Structural Steel Market Report
Growing spending on the commercial sector & infrastructural developments across various nations is augmenting the product demand in non-residential applications. The segment is further divided into industrial, commercial, offices, and institutional. Structural steel is widely used in numerous industrial sectors owing to its high strength-to-weight ratio. In the construction industry, it is utilized in designing and building industrial spaces, such as warehouses, bridges, and factories. Growth in the manufacturing sector is expected to propel the need for new factories and plants. For instance, after the emergence of the COVID-19 pandemic, various new facilities were established to meet the rising demand for PPE in the U.S.
Asia Pacific was the dominant regional market in 2020 and this trend is anticipated to continue over the forecast period. The growing construction spending in the developing economies of the region is anticipated to augment the product demand. For instance, in August 2021, India announced that it aims at spending INR 100 trillion (USD 1.35 trillion) on infrastructure development for boosting economic growth and jobs in the country. The competitive rivalry is extremely high in the market due to the presence of several small- and large-scale players spread across the world. The companies are striving to recover from their losses caused by the COVID-19 pandemic and are taking initiatives, such as mergers & acquisitions and capacity expansions, to further widen their reach.
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Emerging Trends Of Nonferrous Metal Production And Processing Market In UK
The Business Research Company published its Nonferrous Metal Production And Processing Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global nonferrous metal production and processing market. The report covers the nonferrous metal production and processing market’s segments- nonferrous metal (except aluminum) smelting and refining, copper rolling, drawing, extruding, and alloying, nonferrous metal (except copper and aluminum) rolling, drawing, and extruding, secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum).
View Complete Report:
https://www.thebusinessresearchcompany.com/report/nonferrous-metal-production-and-processing-global-market-report
Nonferrous Metal Production And Processing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing. The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Global metals companies are adopting and implementing the IoT technology to improve their efficiencies and drive productivity. IoT connects people, machines, and services enabling the flow of information and real-time decision, as the major trends witnessed in the global nonferrous metal production and processing market.
Request A Sample “Nonferrous Metal Production And Processing Market” Report:
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Nonferrous Metal Production And Processing Market Characteristics
4. Nonferrous Metal Production And Processing Market Product Analysis
5. Nonferrous Metal Production And Processing Market Supply Chain
………….
19. Nonferrous Metal Production And Processing Market Competitive Landscape
20. Key Mergers And Acquisitions In The Nonferrous Metal Production And Processing Market
21. Market Background: Metal Manufacturing Market
22. Recommendations
23. Appendix
Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Nonferrous Metal Production And Processing Market, 2018, By Region, Value ($ Billion) ……
Table 143: Global Nonferrous Metal Production And Processing Market In 2022- Growth Countries
Table 144: Global Nonferrous Metal Production And Processing Market In 2022- Growth Segments
Table 145: Global Nonferrous Metal Production And Processing Market In 2022- Growth Strategies
Place a DIRECT PURCHASE ORDER of entire 300 pages report (Individual License at USD 4000.00 )https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2078
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