Galvanized steel market to grow by 3.87% Y-O-Y from 2022 to 2023: Customer-centered solutions will drive growth -Technavio

NEW YORK, Jan. 10, 2023 /PRNewswire/ --
Galvanized steel market insights -

• Vendors: 15+, Including Ansteel Group Corp. Ltd., ArcelorMittal SA, China Baowu Steel Group Corp. Ltd., China Steel Corp., Cleveland Cliffs Inc., DANA Group of Companies, Gerdau SA, HBIS Group Co. Ltd., JFE Holdings Inc., Jiangsu Shagang International Trade Co. Ltd., JMT STEEL, JSW STEEL Ltd., Nucor Corp., PAO Severstal, POSCO Holdings Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product (Sheets and strips, Structures, Pipes and tubes, and Others), Type (Electrical galvanized steel and Hot-dip galvanized steel), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

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In 2017, the galvanized steel market was valued at 337.32 million tons. From a regional perspective, APAC held the largest market share, valued at 240.75 million tons. The galvanized steel market size is estimated to grow by USD 86.6 million tons from 2023 to 2027 at a CAGR of 4.11% according to Technavio.

Galvanized steel market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Global galvanized steel market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -
 

• ArcelorMittal SA: The company manufactures galvanized steel for different industries like automotive, construction, and more.
• Baosteel Group Corp.: The company offers electro-galvanized steel sheets and galvanized steel For HVAC.
• POSCO Holdings Inc.: The company offers galvanized steel such as Colorzinc and Coversafe.

Global galvanized steel market – Market dynamics

Major drivers - 

• Rising demand for galvanized steel in industrial applications
• Economic growth in China and India
• Increase in demand from pre-engineered buildings

Key challenges - 

• Volatility in raw material prices
• Increasing competition from substitutes
• Excess production capacity

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The galvanized steel market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this galvanized steel market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the galvanized steel market between 2023 and 2027
• Precise estimation of the galvanized steel market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the galvanized steel industry across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of galvanized steel market vendors

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Table of Contents:

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
• Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global galvanized steel market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global galvanized steel market 2017 - 2021 (million t)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 (million t)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 (million t)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (million t)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (million t)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Sheets and strips - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Sheets and strips - Market size and forecast 2022-2027 (million t)
• Exhibit 35: Data Table on Sheets and strips - Market size and forecast 2022-2027 (million t)
• Exhibit 36: Chart on Sheets and strips - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Sheets and strips - Year-over-year growth 2022-2027 (%)

• 6.4 Structures - Market size and forecast 2022-2027
• Exhibit 38: Chart on Structures - Market size and forecast 2022-2027 (million t)
• Exhibit 39: Data Table on Structures - Market size and forecast 2022-2027 (million t)
• Exhibit 40: Chart on Structures - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Structures - Year-over-year growth 2022-2027 (%)

• 6.5 Pipes and tubes - Market size and forecast 2022-2027
• Exhibit 42: Chart on Pipes and tubes - Market size and forecast 2022-2027 (million t)
• Exhibit 43: Data Table on Pipes and tubes - Market size and forecast 2022-2027 (million t)
• Exhibit 44: Chart on Pipes and tubes - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Pipes and tubes - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 (million t)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 (million t)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 50: Market opportunity by Product (million t)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 51: Chart on Type - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 53: Chart on Comparison by Type
• Exhibit 54: Data Table on Comparison by Type

• 7.3 Electrical galvanized steel - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Electrical galvanized steel - Market size and forecast 2022-2027 (million t)
• Exhibit 56: Data Table on Electrical galvanized steel - Market size and forecast 2022-2027 (million t)
• Exhibit 57: Chart on Electrical galvanized steel - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Electrical galvanized steel - Year-over-year growth 2022-2027 (%)

• 7.4 Hot-dip galvanized steel - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Hot-dip galvanized steel - Market size and forecast 2022-2027 (million t)
• Exhibit 60: Data Table on Hot-dip galvanized steel - Market size and forecast 2022-2027 (million t)
• Exhibit 61: Chart on Hot-dip galvanized steel - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Hot-dip galvanized steel - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 63: Market opportunity by Type (million t)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (million t)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (million t)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (million t)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (million t)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 (million t)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 (million t)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
• Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
• Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 (million t)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 (million t)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 (million t)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 (million t)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 India - Market size and forecast 2022-2027 
• Exhibit 93: Chart on India - Market size and forecast 2022-2027 (million t)
• Exhibit 94: Data Table on India - Market size and forecast 2022-2027 (million t)
• Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.10 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 (million t)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 (million t)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 (million t)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 (million t)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027
• Exhibit 105: Chart on South Korea - Market size and forecast 2022-2027 (million t)
• Exhibit 106: Data Table on South Korea - Market size and forecast 2022-2027 (million t)
• Exhibit 107: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography (million t)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Ansteel Group Corp. Ltd. 
• Exhibit 116: Ansteel Group Corp. Ltd. - Overview
• Exhibit 117: Ansteel Group Corp. Ltd. - Product / Service
• Exhibit 118: Ansteel Group Corp. Ltd. - Key offerings

• 12.4 ArcelorMittal SA 
• Exhibit 119: ArcelorMittal SA - Overview
• Exhibit 120: ArcelorMittal SA - Business segments
• Exhibit 121: ArcelorMittal SA - Key news
• Exhibit 122: ArcelorMittal SA - Key offerings
• Exhibit 123: ArcelorMittal SA - Segment focus

• 12.5 China Baowu Steel Group Corp. Ltd.
• Exhibit 124: China Baowu Steel Group Corp. Ltd. - Overview
• Exhibit 125: China Baowu Steel Group Corp. Ltd. - Product / Service
• Exhibit 126: China Baowu Steel Group Corp. Ltd. - Key offerings

• 12.6 China Steel Corp. 
• Exhibit 127: China Steel Corp. - Overview
• Exhibit 128: China Steel Corp. - Product / Service
• Exhibit 129: China Steel Corp. - Key offerings

• 12.7 Cleveland Cliffs Inc. 
• Exhibit 130: Cleveland Cliffs Inc. - Overview
• Exhibit 131: Cleveland Cliffs Inc. - Product / Service
• Exhibit 132: Cleveland Cliffs Inc. - Key offerings

• 12.8 Gerdau SA 
• Exhibit 133: Gerdau SA - Overview
• Exhibit 134: Gerdau SA - Business segments
• Exhibit 135: Gerdau SA - Key offerings
• Exhibit 136: Gerdau SA - Segment focus

• 12.9 HBIS Group Co. Ltd. 
• Exhibit 137: HBIS Group Co. Ltd. - Overview
• Exhibit 138: HBIS Group Co. Ltd. - Product / Service
• Exhibit 139: HBIS Group Co. Ltd. - Key offerings

• 12.10 JFE Holdings Inc. 
• Exhibit 140: JFE Holdings Inc. - Overview
• Exhibit 141: JFE Holdings Inc. - Business segments
• Exhibit 142: JFE Holdings Inc. - Key offerings
• Exhibit 143: JFE Holdings Inc. - Segment focus

• 12.11 JSW STEEL Ltd. 
• Exhibit 144: JSW STEEL Ltd. - Overview
• Exhibit 145: JSW STEEL Ltd. - Product / Service
• Exhibit 146: JSW STEEL Ltd. - Key offerings

• 12.12 Nippon Steel Corp. 
• Exhibit 147: Nippon Steel Corp. - Overview
• Exhibit 148: Nippon Steel Corp. - Business segments
• Exhibit 149: Nippon Steel Corp. - Key offerings
• Exhibit 150: Nippon Steel Corp. - Segment focus

• 12.13 Nucor Corp. 
• Exhibit 151: Nucor Corp. - Overview
• Exhibit 152: Nucor Corp. - Business segments
• Exhibit 153: Nucor Corp. - Key news
• Exhibit 154: Nucor Corp. - Key offerings
• Exhibit 155: Nucor Corp. - Segment focus

• 12.14 PAO Severstal 
• Exhibit 156: PAO Severstal - Overview
• Exhibit 157: PAO Severstal - Product / Service
• Exhibit 158: PAO Severstal - Key offerings

• 12.15 POSCO holdings Inc. 
• Exhibit 159: POSCO holdings Inc. - Overview
• Exhibit 160: POSCO holdings Inc. - Business segments
• Exhibit 161: POSCO holdings Inc. - Key offerings
• Exhibit 162: POSCO holdings Inc. - Segment focus

• 12.16 Tata Sons Pvt. Ltd. 
• Exhibit 163: Tata Sons Pvt. Ltd. - Overview
• Exhibit 164: Tata Sons Pvt. Ltd. - Business segments
• Exhibit 165: Tata Sons Pvt. Ltd. - Key offerings
• Exhibit 166: Tata Sons Pvt. Ltd. - Segment focus

• 12.17 thyssenkrupp AG 
• Exhibit 167: thyssenkrupp AG - Overview
• Exhibit 168: thyssenkrupp AG - Business segments
• Exhibit 169: thyssenkrupp AG - Key news
• Exhibit 170: thyssenkrupp AG - Key offerings
• Exhibit 171: thyssenkrupp AG - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

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