U.S. Flat Steel Market Size & Outlook, 2022-2030
U.S. flat steel market, 2018-2030 (US$M)
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U.S. flat steel market highlights
- The U.S. flat steel market generated a revenue of USD 70,313.2 million in 2022 and is expected to reach USD 79,963.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 1.6% from 2023 to 2030.
- In terms of segment, plates was the largest revenue generating product in 2022.
- Sheets & Coils is the most lucrative product segment registering the fastest growth during the forecast period.
Flat steel market data book summary
| Market revenue in 2022 | USD 70,313.2 million |
| Market revenue in 2030 | USD 79,963.0 million |
| Growth rate | 1.6% (CAGR from 2022 to 2030) |
| Largest segment | Plates |
| Fastest growing segment | Sheets & Coils |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, U.S. accounted for 8.6% of the global flat steel market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. flat steel market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 79,963.0 million by 2030.
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Flat Steel Market Scope
Flat Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 88.71% in 2022. Horizon Databook has segmented the U.S. flat steel market based on sheets & coils, plates covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North America flat steel market accounting for a share of 85.47% in 2016. Growing construction, automotive, machinery and domestic appliances industries have propelled the market demand for flat steel products in this region and this trend is expected to continue over the forecast period.
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Target buyers of U.S. 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. flat steel market , including forecasts for subscribers. This country databook contains high-level insights into U.S. flat steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. flat steel market size, by product, 2018-2030 (US$M)
U.S. Flat Steel Market Outlook Share, 2022 & 2030 (US$M)
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