The global demand for Hot-Dip Galvanised Steel Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Hot-dip galvanization steel is steel coated with zinc by immersing the metal in a bath of molten zinc at a temperature of around 449 °C, the coating is accomplished in three steps: surface preparation, galvanizing, and inspection. Hot-dip galvanization steel is used for applications that require high strength of steel such as construction, transport infrastructure, outdoor furniture, industrial equipment, and other utilities.
The applications of high strength steel sheets are constantly expanding. Revolutionizing trends in the major steel-consuming industries will impact the market. Other factors contributing to the growth are a need for more advanced, ecofriendly, and smart steel products and changes in manufacturing based on the Fourth Industrial Revolution. High strength coated steel is enjoying strong growth in the field where corrosion resistance and cost reduction are important. Growing urbanization and industrialization is promoting demand growth. This is supported by recent reductions in the aggressiveness of the atmosphere towards zinc, and the stability of the costs of applying the coating means that hot-dip galvanizing today costs less and lasts longer.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of hot-dip galvanised steel.
The entire hot-dip galvanised steel market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Sheet and Strip
- Pipe and Tube
- Wire and Hardware
- Home Appliance
- General Industrial
This section covers regional segmentation which accentuates on current and future demand for hot-dip galvanised steel market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Hot-Dip Galvanised Steel Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the hot-dip galvanised steel market include Baowu Group, ThyssenKrupp, Steel Dynamics, POSCO, ArcelorMittal. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.