Long Steel Market Size – USD 526.74 Billion in 2020, Market Growth – at a CAGR of 3.6%, Market Trends – Increasing demand from automotive industry
The Global Long Steel Market Research Report 2021 published by Emergen Research offers a critical overview of the overall market with regards to the market size, market share, market volume, price analysis, global reach, and financial standing. The report further provides an in-depth examination of the key aspects of the industry including factors influencing revenue growth of the industry, regulatory framework, technological and product advancements, growth prospects, along with an impact analysis of the drivers and restraints.
Long steel products are used in the construction industry for installations, foundations, and supports required in buildings, as well as for columns, paneling, and walls, among other construction applications. Long steel products such as rebars are highly reliable as structural application materials. Steel rebars are essential in construction of impact-resistant structures for more modernized residential, commercial, and industrial buildings.
The Long Steel market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision making process. It provides a comprehensive overview of the supply and demand ratio, competitive landscape, market challenges and growth prospects, and limitations along with a thorough analysis of market drivers and restraints.
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Deployment of electric arc furnaces for steel production is rapidly gaining traction among steel manufacturing companies. Electric arc furnaces find use for smelting of high-quality steel and various other special steels. The production process enables production of a range of steel grades with low capital outlay, and melting processes can be automated, thereby offering high flexibility and efficiency.
The research Long Steel report also offers a detailed analysis of the market status, market definition and overview, market share, current and future trends, market drivers and constraints, opportunities and limitations, risks, sales network and distribution channels, details on entry barriers, and market growth prospects. It provides an extensive analysis of the key players operating in the global Long Steel market.
The key players profiled in the report are Nucor Corporation, Gerdau SA, Tata Steel Limited, Steel Dynamics Inc., ArcelorMittal SA, POSCO, Ansteel Group Corporation Limited, Nippon Steel Corporation, Mechel PAO, and Acerinox SA.
The report also offers insights into key factors such as investment opportunities regulatory framework, and technological advancements that are expected to contribute to revenue growth of each regional market.
Key regions covered in the report:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
A SWOT analysis is performed on the leading companies engaged in the Long Steel market to offer a better understanding of the strengths, opportunities, weaknesses, and threats of the leading companies. It also covers production and consumption rate, the volatility of prices and demands, market share, market size, global position, and market position of each player.
The report is further segmented on the basis of types, applications, technology, services, and others to offer a clear understanding of the Long Steel market and its growth scope.
- Production Process Outlook (Revenue, USD Billion; 2018–2028)
- Electric Arc Furnace
- Basic Oxygen Furnace
- Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Wire Rod
- Merchant Bar
- Application Outlook (Revenue, USD Billion; 2018–2028)
Significant Features of the Long Steel Market Report:
- Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
- Assessment of the existing and emerging trends of the business sphere
- Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
- Significant breakdown of the market to assess the factors that might influence the global market growth
- An 8-year forecast for better understanding of the workings and growth opportunities of the market
- Extensive analysis of the key geographical regions to assess market share, market size, production and consumption, revenue contribution, and supply and demand ratio
- Comprehensive overview of the Long Steel market on a regional and global level
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The report also offers an idea of the current scenario along with an impact assessment for the coming years. It analyzes the impact of the pandemic on the business sphere, its leading players, supply chains, distribution channels, global economic scenario, along with the impact of the restrictions on the Long Steel industry.
TOC of Long Steel Market:
Chapter 1. Methodology & Sources1.1. Market Definition1.2. Research Scope1.3. Methodology1.4. Research Sources1.4.1. Primary1.4.2. Secondary1.4.3. Paid Sources1.5. Market Estimation TechniqueChapter 2. Executive Summary2.1. Summary Snapshot, 2020-2028Chapter 3. Key InsightsChapter 4. Long Steel Market Segmentation & Impact Analysis4.1. Long Steel Market Material Segmentation Analysis4.2. Industrial Outlook4.2.1. Market indicators analysis4.2.2. Market drivers’ analysis22.214.171.124. Surging urbanization rate126.96.36.199. Growing focus on infrastructure development188.8.131.52. Growth of the automotive industry184.108.40.206. Rising disposable income4.2.3. Market restraints analysis220.127.116.11. Fluctuating price of raw materials4.3. Technological Insights4.4. Regulatory Framework4.5. Porter’s Five Forces Analysis4.6. Competitive Metric Space Analysis4.7. Price trend Analysis4.8. Covid-19 Impact Analysis
Chapter 5. Long Steel Market By Production Process Insights & Trends, Revenue (USD Billion)5.1. Production Process Dynamics & Market Share, 2021 & 20285.1.1. Electric Arc Furnace5.1.2. Basic Oxygen Furnace
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