Long steel products include rod, wire, rail, bar, and steel structural sections and girders. The increasing number of infrastructure activities is one of the major factors supporting the growth of the long steel market. The long steel market is highly fragmented with the presence of a large number of well-established players operating in the market. The demand for long steel products is expected to grow significantly in the APAC region, owing to the growing urbanization and increasing construction activity.
MARKET DYNAMICS
Increasing construction activities and rapid urbanization in the emerging economies are the major factors supporting the growth of the long steel market. However, volatility in prices of raw materials might hinder the growth of the long steel market. The growing urbanization in emerging economies and government initiatives for modern infrastructure development are the major factors that are creating lucrative business opportunities for companies operating in the market.
MARKET SCOPE
The "Global Long Steel Market Analysis to 2028" is a specialized and in-depth study of the long steel market with a special focus on the global market trend analysis. The report aims to provide an overview of long steel market with detailed market segmentation by connection process, product type, end-use industry and geography. The global long steel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading long steel market players and offers key trends and opportunities in the long steel market.
MARKET SEGMENTATION
The global long steel market is segmented on the basis of process, product type, end-use industry. Based on process, the market is segmented as basic oxygen furnace and electric arc furnace. On the product type the market is segmented as rebar, merchant bar, wire rod, rail, and others. On the basis of end-use industry, the market is segmented as construction, infrastructure, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global long steel market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The long steel market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting long steel market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the long steel market in these regions.
MARKET PLAYERS
The reports cover key developments in the long steel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from long steel market are anticipated to lucrative growth opportunities in the future with the rising demand for long steel market. Below mentioned is the list of few companies engaged in the long steel market.
The report also includes the profiles of key long steel market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Acerinox S.A.
- ArcelorMittal
- Austen Steels
- Commercial Metals Company
- Gerdau S/A
- JSW
- Outokumpu
- SEVERSTAL JSC
- Steel Dynamics, Inc.
- TATA STEEL LONG PRODUCTS LIMITED
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.