Research Report on Long Steel Market added by ResearchCMFE consist of Growth Opportunities, Development Trends, and Forecast 2026. The global Long Steel market is valued at USD 515 billion in 2019 and is projected to reach USD 682.3 billion by the end of 2026, growing at a CAGR of 4.1% during the period 2016 to 2026. The Global Long Steel Market report covers a brief overview of the segments and sub-segmentations including the product types, applications, companies & regions. This report describes the overall Long Steel Market size by analyzing historical data and future forecast.
The report highlights exclusive and relevant factors that are likely to have a significant impact on the Long Steel market during the forecast period. This report also includes the COVID-19 pandemic impact analysis on the Long Steel market. This report includes a detailed and considerable amount of information, which will help new providers in the most comprehensive manner for better understanding. The report elaborates the historical and current trends holding the growth of the Long Steel market
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Key Market Segmentation of Long Steel Industry:
The segmentation of the Long Steel market has been offered based on product type, application, Major Key Players, and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the analysis
Top Players Listed in the Long Steel Market Report are
United States Steel Corporation
Hyundai Steel Company
Ansteel Group Corporation
POSCO Co., Ltd
China Baowu Steel Group
JFE Steel Corporation
Commercial Metals Company
Nippon Steel & Sumitomo Metal Corporation
Jindal Steel & Power Ltd
Based on type, Long Steel market report split into
By Process (Basic Oxygen Furnace, Electric Arc Furnace)
By Product Type (Rebar, Merchant Bar, SBQ steel bars, Wire Rod, Rail)
Based on Application Long Steel market is segmented into
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Impact of COVID-19 on Long Steel Market:
Long Steel Market report analyses the impact of Coronavirus (COVID-19) on the Long Steel industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Long Steel market in 2020
Regional Analysis Covered in this Report are:
North America [United States, Canada, Mexico]
South America [Brazil, Argentina, Columbia, Chile, Peru]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
Middle East & Africa [GCC, North Africa, South Africa]
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
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Reasons to Buy Long Steel market Report:
Manufacturing and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail. This Long Steel market report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region.
The Long Steel market report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape, and demographic analysis, that can help companies gain insight into the country-specific nuances.
The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region than can help companies in revenue expansion.
To gain competitive intelligence about leading companies in the sector in the region with information about their market share and growth rates
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ResearchCMFE was formed with the aim of making market research a significant tool for managing breakthroughs in the industry (Chemicals and Materials, Food & Beverages, Energy & Power). As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realize, that it’s not just sheer data-points, but the right analysis that creates a difference. While some clients were unhappy with the inconsistencies and inaccuracies of data, others expressed concerns over the experience in dealing with the research firm. Also, same-data-for-all-business roles were making research redundant. We identified these gaps and built Research CMFE to raise the standards of research support.
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Date : Jan 2021
Report ID : 30
Category : Metals and Mining
Long Steel Market Report Overview
The Long Steel market or long steel products market is projected to grow at a CAGR of 4.1% to reach USD 682.3 billion
by 2026 from USD 515 billion in 2019. In the steel industry terminology of long steel products is used for products like
steel wire, steel rod, rail, and bars. Long Steel is an integral part of the building and construction industry, its market is
growing on account of increasing demand from the infrastructure and construction industry. It is increasingly being
adopted by builders and construction companies for constructing buildings and other infrastructure projects. Growth
of the construction industry in the residential and commercial sector, primarily in the Asia Pacific, in order to meet the
demand for housing from a rapidly growing population and has also led to favorable market of long steel products.
Also, new trends in the construction industry such as Lean Construction, Building Information Modelling (BIM), and
Green Buildings have increased the role of prefabrication and modularization in construction further driving growth in
the demand for the Long Steel market or long steel products market.
The long steel market has new opportunities for growth on account of new metro rail projects, dedicated freight
corridors, and replacement and upgradation of highway and railway bridges.
The automotive industry is increasingly adopting Long Steel products such as SBQ steel in products such as gears,
shafts, axles, drive trains, and suspensions. Other industries adopting long steel products include capital goods,
aerospace, and railways. Key submarkets in the long steel products market include the head hardened rails market
and the SBQ steel market. These are witnessing higher CAGR trends as comp