Rapid industrialization and urbanization, particularly in developing countries, is a major factor driving global long steel market revenue growth
The global long steel market size is expected to reach USD 701.69 Billion at a steady CAGR of 3.6% in 2028, according to latest analysis by Emergen Research.
Structural steel products such as rails are used in various industries, and expansion of lines and routes, as well as need for timely repair and replacement is fueling growth of the long steel market. Steel is used to produce handrails and these are highly essential to ensure proper safety. Structural steel railings have greater tensile strength than other materials, as well better rust proof and weather resistant properties, thereby making the material very suitable for outdoor applications.
The global Long Steel report has been formulated with verified data of the industry and is curated to offer a comprehensive understanding of the leading manufacturers and suppliers with special focus on their pricing analysis, gross revenue, product portfolio, sales network and distribution channels, profit margins, market position, and financial standing.
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The global Long Steel market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Long Steel market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Major companies in the market include 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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It offers a lucid picture of current trends in the global market, with an unbiased perspective of the leading market players, key regions/countries, end-use industries, and various product types. To be updated, the report is furnished with the latest impact of the currently unfolding coronavirus pandemic on the Long Steel industry. The pandemic began in late 2019 and hit the world in early 2020, disrupting the normal lives and affecting every segment of the world. The report covers the impact of the pandemic on the Long Steel market and its key segment.
- 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)
- Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
The Long Steel market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.
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Long steel market in Asia Pacific accounted for fastest revenue share growth in 2020 and trend is expected to continue over the forecast period. This can be attributed to rapid growth in the urbanization trend in countries such as China and India, which is driving steady growth of the construction industry. Additionally, presence of leading companies in the region is supporting market growth.
Geographical Long Steel Market:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, the U.K, Russia, and Italy)
- Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
- Latin America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Global Long Steel Market Report – Table of Contents:
- Report Overview
- 1 Research Scope
- 2 Key Long Steel market segments
- 3 Target players
- 4 Market analysis by type
- 5 Market analysis by application
- 6 Key learning objectives
- 7 Report timeline
- Global Growth Trends
- 1 Global Long Steel market size
- 2 Latest trends of the Long Steel market by region
- 3 Key corporate trends
- Global Long Steel Market share by key players
- 1 Global Long Steel Market size by manufacturers
- 2 Global Long Steel Market key players
- 3 Products/solutions/services of major players
- 4 New entrants in the Long Steel market
- 5 Mergers, acquisitions, joint ventures, and expansion plans
- Global Long Steel Market by product type
- 1 Global Long Steel Sales by Product
- 2 Global Long Steel by Product Revenue
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