Carbon Steel Market Overview by Growth, Research Methodology, Emerging Trends and Forecast 2022-2031


Japan, Japan, Mon, 07 March 2022 09:03:59 / Comserve Inc. / – Carbon Steel Market with Top Country Data, Industry Analysis, Size, Share, Revenue, Major Players, Technologies developing, forecasting and regional analysis (Latin America, North America, specific Asia, Europe, Middle East)

Market overview
The global carbon steel market is valued at around USD 738.52 billion in 2019 and is expected to grow with a healthy growth rate of over 4.0% during the forecast period. Carbon steel is steel with a carbon content ranging from about 0.05% to 2.1% by weight. Although no minimum content is specified or required for other components such as cobalt, chromium, niobium, molybdenum, tungsten, nickel and more. carbon steel is available in many types i.e. mild or low carbon steel, high tensile steel, high carbon steel. The widespread use of carbon steel is driving the demand for market growth. As these materials are widely used in the construction industry for the construction of pipeline systems that collect water, natural gas and crude oil. These are also used in the construction of bridges and buildings. Thus, rising construction activities and increasing infrastructure investments are driving the growth of the market. According to the India Brand Equity Foundation (IBEF) in September 2018, Embassy Office Parks raised approximately $775.66 million through India’s first Real Estate Investment Trust (REIT) listing. While new housing launches in the country’s top 7 cities grew 32% year-over-year in 2018 to 193,000 units. In addition, 8.09 million houses were sanctioned in May 2019 under the Pradhan Mantri Awas Yojana (PMAY). Also, the use of carbon steel in shipbuilding and automotive is propelling the growth of the market. As carbon steel has mechanical properties suitable for ships and is affordable, making it the preferable choice for shipbuilding. For example: in February 2018, Fincantieri, an Italian shipbuilder, acquired 50% of the shares of the STX shipyards, based in France. The deal worth $66.28 million increases the Italian company’s market position in the cruise ship department. However, the availability of polymer materials is hampering the growth of the market during the forecast period 2020-2027. However, advancements in technology present a lucrative opportunity for the market.

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Regional analysis of Global Carbon Steel Market is considered for the key regions such as Asia-Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region in the world in terms of market share due to its widespread use in aerospace and shipbuilding activities. While Asia-Pacific is also expected to show the highest growth rate/CAGR during the forecast period 2020-2027. Factors such as the rapid increase in the construction sector would create lucrative growth prospects for the carbon steel market in the Asia-Pacific region.

The major market players included in this report are:
JFE Steel Corporation
Nippon Steel Corporation
Baosteel Group
Curtis Steel Co., Inc.
Bushwick Metals LLC
ArcelorMittal SA,
Omega Steel Company
Afarak Group
Tata Steel Group
AK Steel Corp.

The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values ​​to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
By level:
Low quality carbon steel
Medium grade carbon steel
High quality carbon steel
Very high quality carbon steel
By app:
Base and perforated sheets
Bars and rebars
Normal plates and ground plate
Pipes and tubes
Wire Rod
By form:
Hot rolled carbon steel
Cold rolled carbon steel
By end use:
Shipbuilding and marine
Heavy engineering and equipment
Consumer devices
cutting tools

By region:
North America

Asia Pacific
South Korea
Latin America
Rest of the world

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In addition, the years considered for the study are as follows:

Historical year – 2017, 2018
Reference year – 2019
Forecast Period – 2020 to 2027

Target Audience of Global Carbon Steel Market in Market Research:

Leading Consulting Firms and Advisors
Large, medium and small businesses
Venture capitalist
Value Added Resellers (VAR)
Third-Party Knowledge Providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market overview
1.2. Global and Segmental Market Estimates and Forecasts, 2018-2027 (USD Billion)
1.2.1. Carbon steel market, by region, 2018-2027 (USD billion)
1.2.2. Carbon steel market, by category, 2018-2027 (USD billion)
1.2.3. Carbon steel market, by application, 2018-2027 (USD billion)
1.2.4. Carbon steel market, by form, 2018-2027 (USD billion)
1.2.5. Carbon steel market, by end use, 2018-2027 (USD billion)
1.3. Key trends
1.4. Estimation methodology
1.5. Research hypothesis
Chapter 2. Global Carbon Steel Market Definition and Scope
2.1. Goal of the study
2.2. Market definition and scope
2.2.1. Scope of the study
2.2.2. Industry evolution
2.3. Years Considered for Study
2.4. Currency conversion rate
Chapter 3. Global Carbon Steel Market Dynamics
3.1. Carbon Steel Market Impact Analysis (2018-2027)
3.1.1. Market factors
3.1.2. Market challenges
3.1.3. Market opportunities
Chapter 4. Industry Analysis of Global Carbon Steel Market
4.1. Porter’s 5-force model
4.1.1. Bargaining power of suppliers
4.1.2. The bargaining power of buyers
4.1.3. The threat of new entrants
4.1.4. The threat of substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic approach to Porter’s 5 forces model (2017-2027)
4.2. PEST analysis
4.2.1. Politics
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst recommendation and conclusion
Chapter 5. Global Carbon Steel Market, By Grade
5.1. Market overview
5.2. Global Carbon Steel Market by Grade, Performance – Potential Analysis
5.3. Global Carbon Steel Market Estimates and Forecasts by Year 2017-2027 (USD Billion)
5.4. Carbon Steel Market, Sub-Segment Analysis
5.4.1. Low quality carbon steel
5.4.2. Medium grade carbon steel
5.4.3. High quality carbon steel
5.4.4. Very high quality carbon steel
Chapter 6. Global Carbon Steel Market, By Application
6.1. Market overview
6.2. Global Carbon Steel Market by Application, Performance – Potential Analysis
6.3. Global Carbon Steel Market Estimates and Forecasts by Application 2017-2027 (USD Billion)
6.4. Carbon Steel Market, Sub-Segment Analysis
6.4.1. Base and perforated sheets
6.4.2. Bars and rebars
6.4.3. Normal plates and ground plate
6.4.4. Pipes and tubes
6.4.5. Wire Rod
6.4.6. Angle
6.4.7. Canals
6.4.8. Beams
6.4.9. Other

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