Europe Long Steel Products Market Size & Outlook
Europe long steel products market, 2018-2030 (US$M)
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Europe long steel products market highlights
- The Europe long steel products market generated a revenue of USD 119,339.6 million in 2022.
- The market is expected to grow at a CAGR of 2.6% from 2023 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2022.
- Wire Rods 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 119,339.6 million |
| Market revenue in 2030 | USD 146,635.7 million |
| Growth rate | 2.6% (CAGR from 2022 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rebars, Wire Rods, Sections, Tubes |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Jindal Stainless, Emirates Steel, Arabian Gulf Steel Industries, Hamriyah Steel, Rajhi Steel, Union Iron & Steel, Watania Steel |
Other key industry trends
- In terms of revenue, Europe region accounted for 15.9% of the global long steel products 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 698,480.4 million by 2030.
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Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe long steel products 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 long steel products market will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 42.42% in 2022. Horizon Databook has segmented the Europe long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Europe uses a mix of both domestically produced and imported long steel products for various applications in different industries. According to the same source, the steel demand is expected to contract by 1.6% in the region in 2023 owing to the continuation of the Ukraine-Russia war and the surged energy prices in Europe.
According to EUROFER, the European Union imported 21.2 million tons of finished steel products in 2020. Of the total steel imports into the European Union, long steel products accounted for a share of 21.5% of the same in 2020.
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Target buyers of Europe long steel products market databook
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Our clientele includes a mix of long steel products 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 continent-level data and insights on the Europe long steel products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe long steel products market outlook size, by country, 2018-2030 (US$M)
Europe Long Steel Products Market Outlook Share, 2022 & 2030 (US$M)
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