Global Corrugated Steel Sheets Market, By Type (Standard Specification, and Large Wave Pattern), Application (Roofing and Siding), End User Industry (Residential, Commercial, Agricultural, and Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Corrugated Steel Sheets Market
The corrugated steel sheets market is expected to witness market growth at a rate of 3.4% in the forecast period of 2021 to 2028 and is expected to reach USD 5,357.3 million by 2028. Data Bridge Market Research report on corrugated steel sheets market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the commercial construction activities around the world is escalating the growth of corrugated steel sheets market.
Corrugated steel sheets are known to be popular for siding and roofing choice for agricultural and commercial buildings, because of their strength and durability. Corrugated steel sheets are generally utilized in the residential sector in large amount in the form of roofing and siding options. Corrugated steel sheets have a "wavy" pattern, even though various other patterns are available to choose from – such as more linear and square-edged shapes.
Major factors that are expected to boost the growth of the corrugated steel sheets market in the forecast period are the rise in the need from the commercial and agriculture sectors for utilization in applications such as warehouses, farm houses, garages, porches, and sheds. Furthermore, the corrugated steel sheets are majorly used in agricultural buildings, as these sheets feature repetitive folds on their surface is further anticipated to propel the growth of the corrugated steel sheets market. On the other hand, other alternatives including plastic, zinc, or corrugated aluminum roofing panels are the major alternatives for corrugated steel sheets which is further projected to impede the growth of the corrugated steel sheets market in the timeline period.
- In addition, corrugated steel sheet siding is known to be as one of the most suitable siding options which will further provide potential opportunities for the growth of the corrugated steel sheets market in the coming years. However, the instability in the prices might further challenge the growth of the corrugated steel sheets market in the near future.
This corrugated steel sheets market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the corrugated steel sheets market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Corrugated Steel Sheets Market Scope and Market Size
The corrugated steel sheets market is segmented on the basis of type, application and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the corrugated steel sheets market is segmented into standard specification, and large wave pattern.
- On the basis of application, the corrugated steel sheets market is segmented into roofing and siding.
- On the basis of end user industry, the corrugated steel sheets market is segmented into residential, commercial, agricultural, and other.
Corrugated Steel Sheets Market Country Level Analysis
The corrugated steel sheets market is analysed, and market size, volume information is provided by country, type, application and end user industry as referenced above.
The countries covered in the corrugated steel sheets market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the corrugated steel sheets market due to the growing urbanization of the industrial sector. Furthermore, the rise in the population will further boost the growth of the corrugated steel sheets market in the region during the forecast period. North America is projected to observe significant amount of growth in the corrugated steel sheets market due to the growing disposable income. Moreover, the rise in the technologies is further anticipated to propel the growth of the corrugated steel sheets market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Corrugated Steel Sheets Market Share Analysis
The corrugated steel sheets market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the corrugated steel sheets market.
The major players covered in the corrugated steel sheets market report are BlueScope Steel Limited, HPCL-Mittal Energy Limited (HMEL), JSW Steel Ltd, Bansal Roofing Products, Coroplast, McElroy Metal, Inc., Shandong Hengze New Material Co.,Ltd, Zhongjie Group, OSK company Cutting Technology Co., Ltd., COSASTEEL, BILKA, Shanghai AIYIA Industrial Co., Ltd., Qingdao Haoye Power Equipment Co., DUICHENG INDUSTRIAL TECHNOLOGY (TIANJIN) INC, CO., Lingshan Steel Structure Co., Ltd., LINYI LULIN IMP&EXP CO., LTD., FUJIAN PROVINCE PROPLUMS IMPORT & EXPORT CO., LTD, Liaocheng Xinzheng Steel and Dalian Construction Engineering Group Company Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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