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The galvanized steel market report offers a comprehensive analysis by Product (sheets and strips, structures, pipes and tubes, and others) and Geography (APAC, Europe , North America , MEA, and South America )
NEW YORK , June 7, 2022 /PRNewswire/ -- The global galvanized steel market size is expected to grow by 57.74 million tons from 2020 to 2025, progressing at a CAGR of 3% as per the latest market report by Technavio. The growing demand for pre-engineered buildings is likely to fuel the galvanized steel market as a major trend. Galvanized steel is widely used in pre-engineered buildings, especially in roofing applications. The fast-paced growth of the online retail industry has increased the construction of warehouses in developing countries like India and China . In this industry, pre-engineered warehouses constitute one of the fastest-growing sectors. Industries, such as the automotive, logistics and warehouse, pharma, fast-moving consumer goods, and, provide significant growth opportunities for the pre-engineered buildings market. Many pre-engineered building manufacturers have collaborations with other logistics companies or develop their own in-house logistics capabilities.
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The competitive scenario provided in the Galvanized Steel Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Galvanized Steel Market Forecast Report - Buy Now!
The following factors are expected to drive the growth of the market during the forecast period:
The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. To know about challenges - Download a sample now!
The galvanized steel market share growth in the sheets and strips segment will be significant for revenue generation. Galvanized steel sheets and strips are widely used for construction and structural applications, marine and off-shore instruments, hydro and atomic power stations, military, and pressure valves. This will drive the segment growth in the coming years.
The galvanized steel market is fragmented and the vendors are deploying growth strategies such as extending their product portfolios to compete in the market. The galvanized steel market report also offers information on several market vendors, including ArcelorMittal SA, Baosteel Group Corp., HBIS Group Co. Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., Nucor Corp., POSCO and Tata Steel Ltd among others.
Accelerate at a CAGR of 3%
Leading companies, competitive strategies, consumer engagement scope
ArcelorMittal SA, Baosteel Group Corp., HBIS Group Co. Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., Nucor Corp., POSCO, Tata Steel Ltd., and thyssenkrupp AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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