Global Galvanized Steel Market Insights and Forecast to 2028
Galvanized steel is simply coated by zinc. Galvanizing is a very important production process used for steel protection against corrosion. Galvanized steel includes hot-dip galvanizing and electrical galvanizing, and hot-dip galvanizing is the most commonly used method. It is widely used in construction industry, automotive industry, and home appliances industry.
Market Analysis and Insights: Global Galvanized Steel Market
Due to the COVID-19 pandemic, the global Galvanized Steel market size is estimated to be worth US$ 174560 million in 2022 and is forecast to a readjusted size of US$ 220880 million by 2028 with a CAGR of 4.0% during the review period. Fully considering the economic change by this health crisis, Hot-dip Galvanized Steel accounting for % of the Galvanized Steel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Construction segment is altered to an % CAGR throughout this forecast period.
Galvanized steel downstream is wide; the major fields are construction, automobile, home appliances, etc. In recent years, automobile industry has developed rapidly. Increasing demand for automobile is expected to drive the demand for the galvanized steel market. China, USA and Japan are the main production regions for galvanized steel, as the demand for galvanized steels is high in these areas. China market is increasing with the rapid development of downstream industry.
In terms of production side, this report researches the Galvanized Steel capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Galvanized Steel by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Galvanized Steel Scope and Segment
Galvanized Steel market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Galvanized Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hot-dip Galvanized Steel
Electrical Galvanized Steel
Segment by Application
Construction
Automotive
General Industry
Home Appliance
By Company
ArcelorMittal
Baowu Group
ThyssenKrupp
Steel Dynamics
POSCO
Nippon Steel
Hesteel Group
Hyundai Steel
JFE Steel Corporation
Shougang Group
Ansteel Group
Maanshan Steel
Gerdau
Youfa Steel Pipe Group
United States Steel Corporation
Benxi Steel Group
China Steel Corporation (CSC)
JSW Steel Ltd
Tata Steel
NLMK Group
Valin Steel Group
Shagang Group
Nucor
Severstal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Market Analysis and Insights: Global Galvanized Steel Market
Due to the COVID-19 pandemic, the global Galvanized Steel market size is estimated to be worth US$ 174560 million in 2022 and is forecast to a readjusted size of US$ 220880 million by 2028 with a CAGR of 4.0% during the review period. Fully considering the economic change by this health crisis, Hot-dip Galvanized Steel accounting for % of the Galvanized Steel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Construction segment is altered to an % CAGR throughout this forecast period.
Galvanized steel downstream is wide; the major fields are construction, automobile, home appliances, etc. In recent years, automobile industry has developed rapidly. Increasing demand for automobile is expected to drive the demand for the galvanized steel market. China, USA and Japan are the main production regions for galvanized steel, as the demand for galvanized steels is high in these areas. China market is increasing with the rapid development of downstream industry.
In terms of production side, this report researches the Galvanized Steel capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Galvanized Steel by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Galvanized Steel Scope and Segment
Galvanized Steel market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Galvanized Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hot-dip Galvanized Steel
Electrical Galvanized Steel
Segment by Application
Construction
Automotive
General Industry
Home Appliance
By Company
ArcelorMittal
Baowu Group
ThyssenKrupp
Steel Dynamics
POSCO
Nippon Steel
Hesteel Group
Hyundai Steel
JFE Steel Corporation
Shougang Group
Ansteel Group
Maanshan Steel
Gerdau
Youfa Steel Pipe Group
United States Steel Corporation
Benxi Steel Group
China Steel Corporation (CSC)
JSW Steel Ltd
Tata Steel
NLMK Group
Valin Steel Group
Shagang Group
Nucor
Severstal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
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