The Global Galvanized Steel Market is Projected to Grow by 57.74 Million Tonnes by 2025, at a CAGR of 3%
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- January 3, 2022
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- Galvanized Steel,
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The galvanized steel market is poised to grow by 57.74 mn tons during 2021-2025, progressing at a CAGR of about 3% during the forecast period. The report on the galvanized steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising demand for galvanized steel in industrial applications and an increase in demand from pre-engineered buildings.
The galvanized steel market analysis includes the product segment and geographic landscape.
The publisher robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading galvanized steel market vendors that include ArcelorMittal SA, Baosteel Group Corp., HBIS Group Co. Ltd., JFE Holdings Inc., JSW STEEL Ltd., Nippon Steel Corp., Nucor Corp., POSCO, Tata Steel Ltd., and thyssenkrupp AG.
Also, the galvanized steel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is economic growth in China and India.”
According to the report, one of the major drivers for this market is the rising demand for galvanized steel in industrial applications.