Global Square Hollow Section Steel Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

  • Report Code : FAT2092390
  • Published On: Oct, 2020
  • Category : Packaging
  • Pages : 200

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  • Global Square Hollow Section Steel Market By Type (Welded Square Hollow Section and Seamless Square Hollow Section); By Application (Agricultural, Construction, General Engineering, Mechanical Application and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.

    Product Overview

    Square hollow section comes in various sizes, wall thicknesses and specifications. Square hollow sections or square tubes are made of either hot rolled, cold rolled, pre-galvanized or stainless steel to form cold and welded. The suitable mother tube, a round steel tube, has to be formed first to form the square steel section. Using rolls from a round tube, this gradually presses the round tube into a square hollow section.

    Market Highlights

    Global Square Hollow Section Steel Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Growing residential and non-residential construction activities and development demand for steel products as building materials will promote growth for the hollow structural sector industry. Additionally, advanced building technologies like 3D printing and business information modeling are gaining rapid popularity in the engineering and construction sectors.

    Global Square Hollow Section Steel Market: Segments

    Global Square Hollow Section Steel Market is segmented on the basis of type, application and region.

    By Type (in %), Global Square Hollow Section Steel Market, 2019

    By type the market can be segmented into welded square hollow section and seamless square hollow section.

    Global Square Hollow Section Steel Market Dynamics:

    Increasing constructional activities and government initiatives to increase market growth

    Growing residential and non-residential construction activities and development demand for steel products as building materials will promote growth for the hollow structural sector industry. Additionally, advanced building technologies like 3D printing and business information modeling are gaining rapid popularity in the engineering and construction sectors. This development is also expected to have a positive impact on demand for hollow section steel in industrial buildings in the years ahead.

    Costly and fireproof treatment along with outdoor corrosion to hinder the market growth

    Structural steel requires a costly, fireproof treatment and is susceptible to corrosion in outdoor environments. This can somewhat hamper the growth of industry.

    Global Square Hollow Section Steel Market: Regions

    In terms of value and volume, APAC accounted for XX% of total market volume share in 2019

    Growing residential construction worldwide due to increasing income levels and urbanization in APAC region has led to increased building projects. Builders rely on the quality of the construction materials to create a solid building foundation. Increasing use of the product in the construction of residential buildings will have a positive impact on market trends in square hollow section steel.

    The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.

    Global Square Hollow Section Steel Market: Competitive landscape

    In order to broaden their product range and increase their regional presence, manufacturers are involved in product launches, developments and collaborations along with support from government regulations, which may enable acquiring firms to leverage the long-term steel market.

    Global Square Hollow Section Steel Market: Key players

    • Arcelor Mittal

    o Company Overview

    o Business Strategy

    o Key Product Offerings

    o Financial Performance

    o Key Performance Indicators

    o Risk Analysis

    o Recent Development

    o Regional Presence

    o SWOT Analysis

    • Nippon Steel and Sumitomo Metal Corporation

    • Hebei Steel Group

    • Baosteel Group

    • Shagang Group

    • Ansteel Group

    • Shougang Group

    • JFE Steel Corporation

    • Tata Steel Group

    • Other prominent players

    Global Square Hollow Section Steel Market report also contains analysis on:

    Global Square Hollow Section Steel Market segments: -

    • By Type:

    o Welded Square hollow section

    o Seamless Square hollow section

    • By Application:

    o Agricultural

    o Construction

    o General Engineering

    o Mechanical Application

    o Others

    • Global Square Hollow Section Steel Market dynamics

    • Global Square Hollow Section Steel Market size

    • Supply & Demand

    • Current Trends/Issues/Challenges

    • Competition & Companies Involved in the Market

    • Value Chain of the Market

    • Market Drivers and Restraints

     

  • With tables and figures helping analyze worldwide Global Square Hollow Section Steel market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1. Executive Summary

    2. Square hollow section steel market
    2.1. Product Overview
    2.2. Market Definition
    2.3. Segmentation
    2.4. Assumptions and Acronyms

    3. Research Methodology
    3.1. Research Objectives
    3.2. Primary Research
    3.3. Secondary Research
    3.4. Forecast Model
    3.5. Market Size Estimation

    4. Average Pricing Analysis

    5. Market Dynamics
    5.1. Growth Drivers
    5.2. Restraints
    5.3. Opportunity
    5.4. Trends

    6. Correlation & Regression Analysis
    6.1. Correlation Matrix
    6.2. Regression Matrix

    7. Recent Development, Policies & Regulatory Landscape

    8. Risk Analysis
    8.1. Demand Risk Analysis
    8.2. Supply Risk Analysis

    9. Square hollow section steel market Analysis
    9.1. Porters Five Forces
    9.1.1. Threat of New Entrants
    9.1.2. Bargaining Power of Suppliers
    9.1.3. Threat of Substitutes
    9.1.4. Rivalry
    9.2. PEST Analysis
    9.2.1. Political
    9.2.2. Economic
    9.2.3. Social
    9.2.4. Technological

    10. Square hollow section steel market
    10.1. Market Size & forecast, 2019A-2030F
    10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    11. Square hollow section steel market: Market Segmentation
    11.1. By Regions
    11.1.1. North America:(U.S. and Canada)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12. Square hollow section steel market: Market Segmentation
    12.1. By type: Market Share (2020-2030F)
    12.1.1. Welded square hollow section, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.2. Seamless square hollow section, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2. By application : Market Share (2020-2030F)
    12.2.1. agricultural, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.2. construction, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.3. general engineering, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.4. mechanical application, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    13. Company Profile
    13.1. Arcelor Mittal
    13.1.1. Company Overview
    13.1.2. Company Total Revenue (Financials)
    13.1.3. Market Potential
    13.1.4. Global Presence
    13.1.5. Key Performance Indicators
    13.1.6. SWOT Analysis
    13.1.7. Product Launch
    13.2. Nippon Steel and Sumitomo Metal Corporation
    13.3. Hebei Steel Group
    13.4. Baosteel Group
    13.5. Shagang Group
    13.6. Ansteel Group
    13.7. Shougang Group
    13.8. JFE
    13.9. Tata Steel Group
    13.10. Other prominent players

    14. Consultant Recommendation
    **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

     

  • The Global Square Hollow Section Steel Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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