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According to our Researcher latest study, the global Galvanized Steel Sheet market size was valued at USD 43580 million in 2023 and is forecast to a readjusted size of USD 53480 million by 2030 with a CAGR of 3.0% during review period.
The galvanized steel sheet is used to prevent the surface of the steel sheet from being corroded and prolonged. The surface of the steel sheet is coated with a layer of metallic zinc. This zinc-coated steel sheet is called a galvanized sheet.
Despite unprecedented volatility, the first half of 2022 remained strong for steel players, with prices and utilization higher than historical levels and unprecedented levels of EBITDA margins across most regions. This cycle was driven mainly by positive demand outlook that followed the recovery from disruptions caused by COVID-19, as well as infrastructure spending that was both long overdue and anticipated as part of the recovery stimulus. However, several signs of market slowdown began to appear in early 2022. As a result, steel demand outlooks have been revised downward: in April 2022, the World Steel Association’s short-range outlook was less optimistic than the one from late 2021, and its October 2022 demand forecasts for 2022 and 2023 saw downward revisions of 2.7 and 1.2 percent, respectively. Reasons for this include the ongoing war in Ukraine, waves of COVID-19-related lockdowns in China, and supply chain disruptions, as well as the overall macroeconomic situation, including repercussions from persistently high inflation and rising global interest rates. In steel markets, EBITDA margins and the margin over raw materials (MORM) have significantly declined from previously unseen highs, mainly due to negative market expectations and high energy prices, and players have reacted by idling capacities. In fact, more than 30 million metric tons per annum (MTPA) of capacities have idled in Europe in the second half of 2022, while approximately half of those capacities have been brought back online in 2023 when margins slightly recovered. As the steel industry continues to progress into 2023, we expect this level of volatility to be sustained across the entire value chain.
The Global Info Research report includes an overview of the development of the Galvanized Steel Sheet industry chain, the market status of Construction (Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet), Automotive (Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Galvanized Steel Sheet.
Regionally, the report analyzes the Galvanized Steel Sheet markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Galvanized Steel Sheet market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Galvanized Steel Sheet market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Galvanized Steel Sheet industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Galvanized Steel Sheet market.
Regional Analysis: The report involves examining the Galvanized Steel Sheet market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Galvanized Steel Sheet market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Galvanized Steel Sheet:
Company Analysis: Report covers individual Galvanized Steel Sheet manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Galvanized Steel Sheet This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Automotive).
Technology Analysis: Report covers specific technologies relevant to Galvanized Steel Sheet. It assesses the current state, advancements, and potential future developments in Galvanized Steel Sheet areas.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Galvanized Steel Sheet market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Hot Dip Galvanized Steel Sheet
Electro Galvanized Steel Sheet
Market segment by Application
Construction
Automotive
General Industrial
Transport
Others
Nippon Steel Corporation
Hesteel Group
Hyundai Steel
JFE Steel Corporation
Shougang
Ansteel Group
Gerdau
ArcelorMittal
Baowu Group
Steel Dynamics
ThyssenKrupp
POSCO
United States Steel Corporation
Benxi Steel Group
Maanshan Steel
China Steel Corporation
JSW Steel Ltd
Tata Steel
NLMK Group
Valin Steel Group
YongFeng
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter 1, to describe Galvanized Steel Sheet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Galvanized Steel Sheet, with price, sales, revenue and global market share of Galvanized Steel Sheet from 2019 to 2024.
Chapter 3, the Galvanized Steel Sheet competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Galvanized Steel Sheet breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Galvanized Steel Sheet market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Galvanized Steel Sheet.
Chapter 14 and 15, to describe Galvanized Steel Sheet sales channel, distributors, customers, research findings and conclusion.
The galvanized steel sheet is used to prevent the surface of the steel sheet from being corroded and prolonged. The surface of the steel sheet is coated with a layer of metallic zinc. This zinc-coated steel sheet is called a galvanized sheet.
Despite unprecedented volatility, the first half of 2022 remained strong for steel players, with prices and utilization higher than historical levels and unprecedented levels of EBITDA margins across most regions. This cycle was driven mainly by positive demand outlook that followed the recovery from disruptions caused by COVID-19, as well as infrastructure spending that was both long overdue and anticipated as part of the recovery stimulus. However, several signs of market slowdown began to appear in early 2022. As a result, steel demand outlooks have been revised downward: in April 2022, the World Steel Association’s short-range outlook was less optimistic than the one from late 2021, and its October 2022 demand forecasts for 2022 and 2023 saw downward revisions of 2.7 and 1.2 percent, respectively. Reasons for this include the ongoing war in Ukraine, waves of COVID-19-related lockdowns in China, and supply chain disruptions, as well as the overall macroeconomic situation, including repercussions from persistently high inflation and rising global interest rates. In steel markets, EBITDA margins and the margin over raw materials (MORM) have significantly declined from previously unseen highs, mainly due to negative market expectations and high energy prices, and players have reacted by idling capacities. In fact, more than 30 million metric tons per annum (MTPA) of capacities have idled in Europe in the second half of 2022, while approximately half of those capacities have been brought back online in 2023 when margins slightly recovered. As the steel industry continues to progress into 2023, we expect this level of volatility to be sustained across the entire value chain.
The Global Info Research report includes an overview of the development of the Galvanized Steel Sheet industry chain, the market status of Construction (Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet), Automotive (Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Galvanized Steel Sheet.
Regionally, the report analyzes the Galvanized Steel Sheet markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Galvanized Steel Sheet market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Galvanized Steel Sheet market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Galvanized Steel Sheet industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Hot Dip Galvanized Steel Sheet, Electro Galvanized Steel Sheet).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Galvanized Steel Sheet market.
Regional Analysis: The report involves examining the Galvanized Steel Sheet market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Galvanized Steel Sheet market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Galvanized Steel Sheet:
Company Analysis: Report covers individual Galvanized Steel Sheet manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Galvanized Steel Sheet This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction, Automotive).
Technology Analysis: Report covers specific technologies relevant to Galvanized Steel Sheet. It assesses the current state, advancements, and potential future developments in Galvanized Steel Sheet areas.
Competitive Landscape
: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Galvanized Steel Sheet market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Galvanized Steel Sheet market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Hot Dip Galvanized Steel Sheet
Electro Galvanized Steel Sheet
Market segment by Application
Construction
Automotive
General Industrial
Transport
Others
Major players
coveredNippon Steel Corporation
Hesteel Group
Hyundai Steel
JFE Steel Corporation
Shougang
Ansteel Group
Gerdau
ArcelorMittal
Baowu Group
Steel Dynamics
ThyssenKrupp
POSCO
United States Steel Corporation
Benxi Steel Group
Maanshan Steel
China Steel Corporation
JSW Steel Ltd
Tata Steel
NLMK Group
Valin Steel Group
YongFeng
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Galvanized Steel Sheet product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Galvanized Steel Sheet, with price, sales, revenue and global market share of Galvanized Steel Sheet from 2019 to 2024.
Chapter 3, the Galvanized Steel Sheet competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Galvanized Steel Sheet breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Galvanized Steel Sheet market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Galvanized Steel Sheet.
Chapter 14 and 15, to describe Galvanized Steel Sheet sales channel, distributors, customers, research findings and conclusion.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
