Long Steel Market Size, Opportunities, Key Growth Factors, Revenue Analysis, For 2021–2028

Market Size – USD 526.74 Billion in 2020, Market Growth – at a CAGR of 3.6%, Market Trends – Increasing demand from automotive industry

Increasing global long steel market revenue growth can be attributed to rapid growth of the construction industry due to surging demand due to increasing industrialization and urbanization, particularly in developing countries. 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.

The authors of the study also offer a holistic view of the globalLong Steelmarket based on the earnings, volume, and sales recorded. The research report furnishes clear guidelines for players to intensify their market position in the globalLong Steelmarket. It prepares them to deal with potential challenges and optimize profitable opportunities by providing an extensive analysis of the market scenario. It also guides them to recognize new business goals simultaneously keeping track of the changes in the customer preferences, needs, and the vendor landscape of the globalLong Steelmarket.

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The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

Top Companies Operating in the Long Steel Market and 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.

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Objectives of the Report:

  • Study of the global Long Steel market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Long Steel market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Long Steel market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Long Steel market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

Emergen Research has segmented the global long steel market on the basis of production process, product type, application, distribution channel, and region:

Production Process Outlook (Revenue, USD Billion; 20182028)

  • Electric Arc Furnace
  • Basic Oxygen Furnace

Product Type Outlook (Revenue, USD Billion; 20182028)

  • Wire Rod
  • Rebar
  • Rail
  • Merchant Bar
  • Others

Application Outlook (Revenue, USD Billion; 20182028)

  • Industrial
  • Construction
  • Railways
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 20182028)

  • Direct
  • Indirect

Long Steel Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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