Global Color Coated Steel Market Growth 2019-2024

Color Coated Steel is cold rolled steel and galvanized steel substrate. It is surfaced preparation and applied a continuous coating, which made after baking and cooling products. Coated steel sheet is light, beautiful and good corrosion resistance. It could be directly processed and apply in Construction, shipbuilding, vehicle manufacturing, the furniture industry, electrical industry to provide a new type of raw material. It played with steel and wood, efficient construction, energy conservation, pollution prevention and other good results.
The major driver identified for the global coated steel market is growing demand from end-use industries such as construction, automotive, and appliances; stiff competition in the coated steel industry; inexpensive than electro-galvanizing process; product quality and differentiation; durability of cut edges; and fluoropolymer continue to grow in the building & construction market.

The growth of the downstream industries is the key driving force for the coated steel market. For example, in the refrigerator market, the sales in the Asia-Pacific region have witnessed a steady growth in the past few years. China, Korea, Japan and India are the key production hubs of refrigerators due to huge domestic demand and low production costs. The great demand from such end-use industry has driven the market for coated steel. The increasing potential to spend on upgrades for kitchens, roofing, and basic home improvements and additions most of which include steel coated products are driving the coated steel market.

In 2016, the polyester color coated steel segment accounted for the largest market share, in terms of value. Polyester resins form highly durable structures and coatings are cross-linked with a vinylic reactive monomer, which is most commonly styrene. The current industry trend highlights the use of polyester resin above all other resin types. In addition, it has limited use in the coatings industry primarily because curing is strongly inhibited by oxygen, leaving the surface of the polyester-coated steel soft and sticky. Due to these properties, the polyester-coated steel are the most broadly used coated steel, globally.

Color coated steel market is competitive and fragmented with a small number of large global firm, and thousands of smaller local companies, the concentration of this market is very low. Leading companies are BlueScope, Kerui Steel, NSSMC, ArcelorMittal, Dongkuk Steel, ThyssenKrupp, Baosteel, Severstal and U.S. Steel.


According to this study, over the next five years the Color Coated Steel market will register a 4.8% CAGR in terms of revenue, the global market size will reach US$ 27900 million by 2024, from US$ 21000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Color Coated Steel business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Color Coated Steel market by product type, application, key manufacturers and key regions and countries.

This study considers the Color Coated Steel value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PE Coated Steel
HDP Coated Steel
SMP Coated Steel
PVDF Coated Steel
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Construction
Home Appliance
Automotive

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BlueScope
Kerui Steel
NSSMC
ArcelorMittal
Dongkuk Steel
ThyssenKrupp
Baosteel
Severstal
U.S. Steel
Shandong Guanzhou
JSW Steel
NLMK Group
Dongbu Steel
Essar Steel
POSCO
JFE Steel
Ansteel
Wuhan Iron and Steel

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Color Coated Steel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Color Coated Steel market by identifying its various subsegments.
Focuses on the key global Color Coated Steel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Color Coated Steel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Color Coated Steel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.