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Coated Steel Market worth 26.68 Billion USD by 2020

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"<br>

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Coated Steel Market worth 26.68 Billion USD by 2020

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  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

  2. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 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 75,000 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 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 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 200,000 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: sales@marketsandmarkets.com

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