Carbon Steel Market Analysis and Forecast to 2032: By Form (Hot Rolled Steel, Cold Rolled Steel), Application (Angle, Channel, Beams, Others), End-Use (Automotive, Construction, Railways, Others), and Region

Carbon steel is a type of steel that contains carbon as the main alloying element. It is also sometimes called carbon iron or simply carbon. The other elements present in carbon steel are iron, manganese, silicon, sulfur, and phosphorus. The carbon content in carbon steel varies from 0.4% to 2.0% by weight. The higher the carbon content, the harder and stronger the steel becomes. Carbon steel is used in a variety of applications, including construction, automotive, and aerospace. It is also used in the manufacturing of various tools and machinery.

Key Trends

Some of the key trends in carbon steel technology include the development of new steel grades with improved properties, the use of alternative manufacturing processes such as direct-rolled steel, and the use of new surface treatments and coatings.

Carbon steel grades with improved properties are being developed to meet the needs of various industries. Alternative manufacturing processes, such as direct-rolled steel, are being explored to improve productivity and reduce costs.

New surface treatments and coatings are being developed to improve the appearance and performance of carbon steel products.

Key Drivers

The main drivers for the Carbon Steel market are the construction, energy, and automotive industries.

The construction industry is forecast to grow at a rate of around 3% per year over the next five years. This is due to increasing demand from emerging markets such as China and India.

The energy sector is forecast to grow at a rate of around 2% per year over the next five years. This is due to the increasing demand for oil and gas globally.

The automotive industry is forecast to grow at a rate of around 1% per year over the next five years. This is due to the increasing demand for cars in emerging markets such as China and India.

Restraints & Challenges

The key restraints and challenges in the Carbon Steel market are as follows:

1. Volatile raw material prices: Carbon steel prices are highly volatile due to the fluctuating prices of iron ore and coking coal, the two main raw materials used in the production of steel.

2. Overcapacity: The global steel industry is currently facing a significant overcapacity problem.

3. Slow economic growth: Slow economic growth in key markets such as China and Europe has led to a decrease in demand for steel, further exacerbating the overcapacity problem.

4. Trade tensions: The current trade tensions between the US and China are having a negative impact on the global steel market. The US has imposed tariffs on imported steel products, while China has retaliated with tariffs of its own.

5. Environmental regulations: Stringent environmental regulations, particularly in developed countries, are making it increasingly expensive for steelmakers to operate.

Market Segments

The carbon steel market is segmented by form, application, end-use, and region. By form, the market is classified into hot rolled steel, and cold rolled steel. Based on application, it is bifurcated into angle, channel, beams, and others. On the basis of end-use, it is divided into automotive, construction, railways, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global carbon steel market includes players such as Marubeni Itochu Steel Inc.- Japan, Baosteel Group – China, Posco- South Korea, Sshagang Group Inc. – China, The Ansteel Group Corporation – China, WISCO-Wuhan Iron & Steel – China, JFE Steel Corporation- Japan, Tata Steel- India, Thyssenkrupp- Germany, Nucor Corporation- United States, and others.

 Carbon Steel Market  Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current  Carbon Steel Market  outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of  Carbon Steel Market  in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the  Carbon Steel Market  .
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the  Carbon Steel Market  along with the current trends and future estimations to depict imminent investment pockets. The overall  Carbon Steel Market  opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the  Carbon Steel Market  are also analyzed.

Why GIS?

Table of Contents

Chapter 1. Carbon Steel Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, By Region
3.2. Market Attractiveness Analysis, By Form
3.3. Market Attractiveness Analysis, By Application
3.4. Market Attractiveness Analysis, By End-Use

Chapter 4. Carbon Steel Market Outlook
4.1. Carbon Steel Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.5.1. Raw Material Suppliers
4.5.2. Manufacturers
4.5.3. Wholesalers and/or Retailers
4.6. Impact of COVID-19 on the Carbon Steel Market
4.7. Impact of the Russia and Ukraine War on the Carbon Steel Market
4.8. Case Study Analysis
4.9. Pricing Analysis

Chapter 5. Carbon Steel Market , By Form
5.1. Market Overview
5.2. Hot Rolled Steel
5.2.1. Market Size and Forecast.
5.2.2. Market Size and Forecast, By Region.
5.3. Cold Rolled Steel
5.3.1. Market Size and Forecast.
5.3.2. Market Size and Forecast, By Region.
Chapter 6. Carbon Steel Market , By End-Use
6.1. Market Overview
6.2. Angle
6.2.1. Market Size and Forecast.
6.2.2. Market Size and Forecast, By Region.
6.3. Channels
6.3.1. Market Size and Forecast.
6.3.2. Market Size and Forecast, By Region.
6.4. Beams
6.4.1. Market Size and Forecast.
6.4.2. Market Size and Forecast, By Region.
6.5. Others
6.5.1. Market Size and Forecast.
6.5.2. Market Size and Forecast, By Region.
Chapter 7. Carbon Steel Market , By Application
7.1. Market Overview
7.2. Automotive
7.2.1. Market Size and Forecast.
7.2.2. Market Size and Forecast, By Region.
7.3. Construction
7.3.1. Market Size and Forecast.
7.3.2. Market Size and Forecast, By Region.
7.4. Railways
7.4.1. Market Size and Forecast.
7.4.2. Market Size and Forecast, By Region.
7.5. Others
7.5.1. Market Size and Forecast.
7.5.2. Market Size and Forecast, By Region.

Chapter 8. Carbon Steel Market , By Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Carbon Steel Market Size and Forecast By Form.
8.2.3. North America Carbon Steel Market Size and Forecast By End-Use.
8.2.4. North America Carbon Steel Market Size and Forecast By Application.
8.2.5. North America Carbon Steel Market Size and Forecast By Country.
8.2.6. The U.S.
8.2.6.1. The U.S. Carbon Steel Market Size and Forecast By Form.
8.2.6.2. The U.S. Carbon Steel Market Size and Forecast By End-Use.
8.2.6.3. The U.S. Carbon Steel Market Size and Forecast By Application.
8.2.7. Canada
8.2.7.1. Canada Carbon Steel Market Size and Forecast By Form.
8.2.7.2. Canada Carbon Steel Market Size and Forecast By End-Use.
8.2.7.3. Canada Carbon Steel Market Size and Forecast By Application.
8.2.8. Mexico
8.2.8.1. Mexico Carbon Steel Market Size and Forecast By Form.
8.2.8.2. Mexico Carbon Steel Market Size and Forecast By End-Use.
8.2.8.3. Mexico Carbon Steel Market Size and Forecast By Application.
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Carbon Steel Market Size and Forecast By Form.
8.3.3. Europe Carbon Steel Market Size and Forecast By End-Use.
8.3.4. Europe Carbon Steel Market Size and Forecast By Application.
8.3.5. Europe Carbon Steel Market Size and Forecast By Country.
8.3.6. The U.K.
8.3.6.1. The U.K. Carbon Steel Market Size and Forecast By Form.
8.3.6.2. The U.K. Carbon Steel Market Size and Forecast By End-Use.
8.3.6.3. The U.K. Carbon Steel Market Size and Forecast By Application.
8.3.7. Germany
8.3.7.1. Germany Carbon Steel Market Size and Forecast By Form.
8.3.7.2. Germany Carbon Steel Market Size and Forecast By End-Use.
8.3.7.3. Germany Carbon Steel Market Size and Forecast By Application.
8.3.8. France
8.3.8.1. France Carbon Steel Market Size and Forecast By Form.
8.3.8.2. France Carbon Steel Market Size and Forecast By End-Use.
8.3.8.3. France Carbon Steel Market Size and Forecast By Application.
8.3.9. Spain
8.3.9.1. Spain Carbon Steel Market Size and Forecast By Form.
8.3.9.2. Spain Carbon Steel Market Size and Forecast By End-Use.
8.3.9.3. Spain Carbon Steel Market Size and Forecast By Application.
8.3.10. Italy
8.3.10.1. Italy Carbon Steel Market Size and Forecast By Form.
8.3.10.2. Italy Carbon Steel Market Size and Forecast By End-Use.
8.3.10.3. Italy Carbon Steel Market Size and Forecast By Application.
8.3.11. Netherlands
8.3.11.1. Netherlands Carbon Steel Market Size and Forecast By Form.
8.3.11.2. Netherlands Carbon Steel Market Size and Forecast By End-Use.
8.3.11.3. Netherlands Carbon Steel Market Size and Forecast By Application.
8.3.12. Sweden
8.3.12.1. Sweden Carbon Steel Market Size and Forecast By Form.
8.3.12.2. Sweden Carbon Steel Market Size and Forecast By End-Use.
8.3.12.3. Sweden Carbon Steel Market Size and Forecast By Application.
8.3.13. Switzerland
8.3.13.1. Switzerland Carbon Steel Market Size and Forecast By Form.
8.3.13.2. Switzerland Carbon Steel Market Size and Forecast By End-Use.
8.3.13.3. Switzerland Carbon Steel Market Size and Forecast By Application.
8.3.14. Denmark
8.3.14.1. Denmark Carbon Steel Market Size and Forecast By Form.
8.3.14.2. Denmark Carbon Steel Market Size and Forecast By End-Use.
8.3.14.3. Denmark Carbon Steel Market Size and Forecast By Application.
8.3.15. Finland
8.3.15.1. Finland Carbon Steel Market Size and Forecast By Form.
8.3.15.2. Finland Carbon Steel Market Size and Forecast By End-Use.
8.3.15.3. Finland Carbon Steel Market Size and Forecast By Application.
8.3.16. Russia
8.3.16.1. Russia Carbon Steel Market Size and Forecast By Form.
8.3.16.2. Russia Carbon Steel Market Size and Forecast By End-Use.
8.3.16.3. Russia Carbon Steel Market Size and Forecast By Application.
8.3.17. Rest of Europe
8.3.17.1. Rest of Europe Carbon Steel Market Size and Forecast By Form.
8.3.17.2. Rest of Europe Carbon Steel Market Size and Forecast By End-Use.
8.3.17.3. Rest of Europe Carbon Steel Market Size and Forecast By Application.
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Carbon Steel Market Size and Forecast By Country.
8.4.3. Asia-Pacific Carbon Steel Market Size and Forecast By Form.
8.4.4. Asia-Pacific Carbon Steel Market Size and Forecast By End-Use.
8.4.5. Asia-Pacific Carbon Steel Market Size and Forecast By Application.
8.4.6. China
8.4.6.1. China Carbon Steel Market Size and Forecast By Form.
8.4.6.2. China Carbon Steel Market Size and Forecast By End-Use.
8.4.6.3. China Carbon Steel Market Size and Forecast By Application.
8.4.7. India
8.4.7.1. India Carbon Steel Market Size and Forecast By Form.
8.4.7.2. India Carbon Steel Market Size and Forecast By End-Use.
8.4.7.3. India Carbon Steel Market Size and Forecast By Application.
8.4.8. Japan
8.4.8.1. Japan Carbon Steel Market Size and Forecast By Form.
8.4.8.2. Japan Carbon Steel Market Size and Forecast By End-Use.
8.4.8.3. Japan Carbon Steel Market Size and Forecast By Application.
8.4.9. South Korea
8.4.9.1. South Korea Carbon Steel Market Size and Forecast By Form.
8.4.9.2. South Korea Carbon Steel Market Size and Forecast By End-Use.
8.4.9.3. South Korea Carbon Steel Market Size and Forecast By Application.
8.4.10. Australia
8.4.10.1. Australia Carbon Steel Market Size and Forecast By Form.
8.4.10.2. Australia Carbon Steel Market Size and Forecast By End-Use.
8.4.10.3. Australia Carbon Steel Market Size and Forecast By Application.
8.4.11. Singapore
8.4.11.1. Singapore Carbon Steel Market Size and Forecast By Form.
8.4.11.2. Singapore Carbon Steel Market Size and Forecast By End-Use.
8.4.11.3. Singapore Carbon Steel Market Size and Forecast By Application.
8.4.12. Indonesia
8.4.12.1. Indonesia Carbon Steel Market Size and Forecast By Form.
8.4.12.2. Indonesia Carbon Steel Market Size and Forecast By End-Use.
8.4.12.3. Indonesia Carbon Steel Market Size and Forecast By Application.
8.4.13. Taiwan
8.4.13.1. Taiwan Carbon Steel Market Size and Forecast By Form.
8.4.13.2. Taiwan Carbon Steel Market Size and Forecast By End-Use.
8.4.13.3. Taiwan Carbon Steel Market Size and Forecast By Application.
8.4.14. Malaysia
8.4.14.1. Malaysia Carbon Steel Market Size and Forecast By Form.
8.4.14.2. Malaysia Carbon Steel Market Size and Forecast By End-Use.
8.4.14.3. Malaysia Carbon Steel Market Size and Forecast By Application.
8.4.15. Rest of APAC
8.4.15.1. Rest of APAC Carbon Steel Market Size and Forecast By Form.
8.4.15.2. Rest of APAC Carbon Steel Market Size and Forecast By End-Use.
8.4.15.3. Rest of APAC Carbon Steel Market Size and Forecast By Application.
8.5. Rest of The World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of The World Carbon Steel Market Size and Forecast By Form.
8.5.3. Rest of The World Carbon Steel Market Size and Forecast By End-Use.
8.5.4. Rest of The World Carbon Steel Market Size and Forecast By Application.
8.5.5. Rest of The World Carbon Steel Market Size and Forecast By Country.
8.5.6. Latin America
8.5.6.1. Latin America Carbon Steel Market Size and Forecast By Form.
8.5.6.2. Latin America Carbon Steel Market Size and Forecast By End-Use.
8.5.6.3. Latin America Carbon Steel Market Size and Forecast By Application.
8.5.7. Middle East
8.5.7.1. Middle East Carbon Steel Market Size and Forecast By Form.
8.5.7.2. Middle East Carbon Steel Market Size and Forecast By End-Use.
8.5.7.3. Middle East Carbon Steel Market Size and Forecast By Application.
8.5.8. Africa
8.5.8.1. Africa Carbon Steel Market Size and Forecast By Form.
8.5.8.2. Africa Carbon Steel Market Size and Forecast By End-Use.
8.5.8.3. Africa Carbon Steel Market Size and Forecast By Application.

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Form Development
9.3.2. Form Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, And Collaborations
9.3.5. Mergers And Acquisitions

Chapter 10. Company Profiles
10.1. Marubeni Itochu Steel Inc.- Japan
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Form Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Baosteel Group – China
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Form Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Posco- South Korea
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Form Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Sshagang Group Inc. – China
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Form Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. The Ansteel Group Corporation – China
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Form Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. WISCO-Wuhan Iron & Steel – China
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Form Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. JFE Steel Corporation- Japan
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Form Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Tata Steel- India
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Form Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Thyssenkrupp- Germany
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Form Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Nucor Corporation- United States
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Form Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The List of Company Is Subject To Change During The Final Compilation of The Report
Market Segmentation

By Form

  • Hot Rolled Steel
  • Cold Rolled Steel

By Application

  • Angle
  • Channels
  • Beams
  • Others

By End-Use

  • Automotive
  • Construction
  • Railways
  • Others

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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