Long Steel Market Size $731 Billion BY 2030 | Analysis, Growth And Forecast
The research report contains an in-depth analysis and discussion of important industry trends, market dynamics, market size, and market share estimation. In addition, the report outlines the drivers, restraints, and opportunities of the Global Long Steel Market which is essential to implement strategies and to gain a sustainable growth during the forecasted period. Moreover, a detailed analysis of Covid-19 impact on the global Long Steel market is also published in the report.
long steel market size was valued at $476,213 million in 2020, and is projected to reach $731,934 million by 2030, registering a CAGR of 4.1% from 2021 to 2030
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Covid-19 impact:
Manufacturing activities of Long Steel halted due to implementation of stringent lockdown. To prevent the spread of coronavirus, governments across every nation made social distancing compulsory, due to which, market players faced shortage of labor force. Moreover, restrictions in import & export activities led to supply chain disruptions which further resulted to shortage of raw materials. This in turn, created challenges in carrying out manufacturing in full capacity. Also, most of the construction projects were either delayed or cancelled, especially in the initial stage of the pandemic.
Key Segments Covered:
By Process
- Basic Oxygen Furnace
- Electric Arc Furnace
By Product Type
- Rebar
- Wire Rod
- Merchant Bar
- Others
By Application
- Construction
- Industrial
Competitive Landscape: Arcelor Mittal, Baowu Steel Group Corporation Limited, Gerdau S.A., HeSteel Group Company Limited, Hyundai Steel Co., Ltd, Nippon Steel Corporation, Nucor Corporation, POSCO Corporation, Ternium S.A., and Votorantim S.A. These companies have adopted numerous strategies such as new product launches, mergers & acquisitions, collaborations, joint ventures, partnerships, expansion, and others in order to gather immense growth prospects during the forecasted period.
Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Long Steel Market Size
2.2 Long Steel Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Long Steel Market Size by Manufacturers
3.2 Long Steel Key Players Head office and Area Served
3.3 Key Players Long Steel Product/Solution/Service
3.4 Date of Enter into Long Steel Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Long Steel Sales by Product
4.2 Global Long Steel Revenue by Product
4.3 Long Steel Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Long Steel Breakdown Data by End User
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