Steel Plate is simply steel sheet material that can be customarily cut and welded to develop a more elaborate product. It is made by compressing multiple steel layers together into one; forming a plate of steel. Steel Plate is commonly used to strengthen foundations and uphold mass units of weight like bridges. Alternatively, it provides a base for construction of larger materials and non-workable parts. Steel Plate is both corrosion and abrasion resistant. It is manufactured to a much broader range of thicknesses than ordinary steel sheet. Plate steel is primarily used in applications where super-structural framework and indestructible durability is required.
In consumption market, China is the mainly sales regions due to the bigger demand of downstream applications. In 2018, the regions occupied 23.82% of the global out sales volume in total.

Market Analysis and Insights: Global Steel Plate Market
The global Steel Plate market was valued at US$ 60300 in 2020 and will reach US$ 70750 million by the end of 2027, growing at a CAGR of 2.7% during 2022-2027.

Global Steel Plate Scope and Market Size
The global Steel Plate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Steel Plate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Hot Rolled Steel Plate
Cold Rolled Steel Plate

Segment by Application
Construction
Machinery
Automobile
Others

The Steel Plate market is analysed and market size information is provided by regions (countries). Segment by Application, the Steel Plate market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Tisco
Arcelormittal
EVRAZ
Nucor
SSAB
Outokumpu
Posco
Baosteel
Yusco
Acerinox
Jindal
Aperam
LISCO
AK Steel
NSSC
JFE
JISCO