Europe Flat Steel Market Size & Outlook, 2022-2030
Europe flat steel market, 2018-2030 (US$M)
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Europe flat steel market highlights
- The Europe flat steel market generated a revenue of USD 151,775.3 million in 2022.
- The market is expected to grow at a CAGR of 1.3% from 2023 to 2030.
- In terms of segment, plates was the largest revenue generating product in 2022.
- Plates is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 151,775.3 million |
| Market revenue in 2030 | USD 168,869.6 million |
| Growth rate | 1.3% (CAGR from 2022 to 2030) |
| Largest segment | Plates |
| Fastest growing segment | Plates |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sheets & Coils, Plates |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, BAOSTEEL, JFE Holdings Inc, Nippon Steel Corp, Nucor Corp, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp, Voestalpine AG, Ezz Steel, HBIS |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.6% of the global flat steel market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 639,168.8 million by 2030.
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Flat Steel Market Scope
Flat Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe flat steel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat steel market will help companies and investors design strategic landscapes.
Plates was the largest segment with a revenue share of 61.19% in 2022. Horizon Databook has segmented the Europe flat steel market based on sheets & coils, plates covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the third major market for flat steel accounting for a share of 18.56% in 2016. Rising demand for flat steel products owing to growing industries such as construction, automotive, transportation and machinery industry in developed countries including Germany and UK is expected to drive the market demand.
The industrial outlook in Europe remains controlled by constant macroeconomic uncertainties. Though Europe remains to stay under the economic imbalances, there are still some positive for growth. Many economies has seen robust growth after facing decline in construction industry.
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Target buyers of Europe flat steel market databook
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Our clientele includes a mix of flat steel market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe flat steel market , including forecasts for subscribers. This continent databook contains high-level insights into Europe flat steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe flat steel market size, by country, 2018-2030 (US$M)
Europe Flat Steel Market Outlook Share, 2022 & 2030 (US$M)
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