U.S. Coated Steel Market Size, Share & Trends Analysis Report By Product (Galvanized, Pre-Painted), By Application (Building & Construction, Automotive, Appliances), By Region, And Segment Forecasts, 2019 - 2025

Published: Jan, 2019 | Pages: 114 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

The U.S. coated steel market size is expected to reach USD 41.04 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to witness a CAGR of 9.3% during the forecast period. Increasing investments in the development of new infrastructure in U.S. building and construction industry are expected to propel the demand for coated steel. Single-family housing holds a major share of the U.S. residential construction sector. However, the economy has witnessed a significant increase in the development of multi-family construction in recent past. In U.S., the number of completed housing units increased by 1.9% in May 2017 in comparison to May 2016.

Strong rise in demand for vehicles is also expected to augment growth of the U.S. coated steel market. Automotive sector generates the maximum employment in the country. For example, in January 2018, it was announced that Mazda Toyota Manufacturing, U.S.A., Inc. is building of a new vehicle assembly plant in Huntsville, Alabama, U.S., which is likely to create 4,000 jobs. The production at the plant is expected to begin by 2021. The investment for the plant is worth USD 1.6 billion and its annual production capacity is expected to be 3 million units.

Galvanized steel holds the largest market share followed by pre-painted steel, which is anticipated to progress at the fastest CAGR over the forecast period. The demand for tin-plated steel is prominent in the packaging industry as it is required for the production of containers for food and beverages. U.S. is a major consumer of packaged food, which further drives the demand for tin-plated steel.

South U.S. is the largest segment of the market owing to the presence of major automotive producers and migration of the construction industry from traditional construction hubs. The slow growth rate of labor expenses in Southern U.S. cities is inviting new construction projects in the region.

West U.S. is the fastest-growing regional market for coated steel. The increasing construction projects, especially in Idaho and California, are driving the demand for coated steel. California, being the most populated state, is witnessing major investments such as the renovation at the Los Angeles International Airport. In the Mid-West region, the construction market rose by 62% in May 2018 from the previous month.

The tariffs on steel imports have caused price fluctuations for steel along with retaliation from foreign countries, causing hindrance for the suppliers, distributors, and end-users. The current market scenario is propelling major players in U.S. to increase their capacity expansions and geographical reach by the means of mergers and acquisitions.

Further key findings from the report suggest:

• Galvanized steel is anticipated to remain the largest segment, in terms of revenue, throughout the forecast period, on account of benefits such as low maintenance and high durability

• Building and construction industry is anticipated to expand at a CAGR of 10.7% over the forecast period, in terms of revenue, owing to the increasing investments in the Mid-West

• Facades and sidings led the building and construction application segment with a market share of 46.05% in terms of volume in 2017

• South U.S. accounted for a revenue share of 36.7% in 2017 owing to the infrastructural developments in the region

• Key companies operating in the U.S. coated steel market are attempting to increase their production capacities. For instance, in September 2017, ArcelorMittal announced plans of investing USD 1.0 billion for the construction of a new hot strip mill to increase its production capacity for flat-rolled steel to 2.5 million tons, in Mexico. The construction is likely to be completed by 2020.

 Table of Contents

Chapter 1 Methodology and Report Scope
                   1.1 Research Methodology
                   1.2 Research scope and assumptions
                       1.2.1 Assumptions:
                       1.2.2 List of data sources
                       1.2.3 Product market scope
                       1.2.4 Application market scope
                       1.2.5 Regional scope
                       1.2.6 Estimates & forecast timeline
                       1.2.7 List of abbreviations

Chapter 2 Executive Summary
                   2.1 Market Summary

Chapter 3 Market Definitions
                   3.1 Market segmentation

Chapter 4 Industry Outlook
                   4.1 Business segment trends
                       4.1.1 U.S. coated steel market analysis
                       4.1.2 Product Analysis
                       4.1.3 Regional Analysis
                       4.1.4 Application analysis
                   4.2 Value chain analysis
                       4.2.1 Distribution channels
                   4.3 Raw material trends
                       4.3.1 Steel
                       4.3.2 Zinc
                   4.4 Product price trend analysis
                   4.5 Market variables analysis
                       4.5.1 Market driver analysis
                           4.5.1.1 Growth in the construction industry
                           4.5.1.2 Rising demand from Automotive industry
                       4.5.2 Market restraints analysis
                           4.5.2.1 U.S. tariffs on its imports
                   4.6 Business environment analysis tools
                       4.6.1 PESTEL analysis
                       4.6.2 Porter's five forces analysis

Chapter 5 Regulatory landscape
                   5.1 Zero emission vehicle program (ZEV)
                   5.2 International Organization for Standardization
                   5.3 Occupational Safety and Health Administration (OSHA) - Hazard Communication Standard (29 CFR 1910.1200)

Chapter 6 Competitive and vendor landscape
                   6.1 Market positioning
                   6.2 Strategic initiatives & outcome analysis
                       6.2.1 List of key strategies, by company
                           6.2.1.1 Mergers & acquisitions
                       6.2.2 Joint ventures/partnerships
                       6.2.3 Production capacity expansion
                   6.3 List of key companies, by product
                   6.4 List of key companies, by application
                   6.5 Vendor landscape

Chapter 7 U.S. Coated Steel Market: Product Estimates & Trend Analysis
                   7.1 U.S. coated steel market: Product movement analysis, 2017 & 2025
                   7.2 Galvanized
                       7.2.1 U.S. galvanized steel market estimates and forecasts, 2014 - 2025 (kiloTons) (USD Million)
                   7.3 Pre-painted
                       7.3.1 U.S. pre-painted steel market estimates and forecasts, 2014 - 2025 (kilotons) (USD Million)
                   7.4 Others
                       7.4.1 U.S. other coated steel market estimates and forecasts, 2014 - 2025 (kiloTons) (USD Million)

Chapter 8 U.S. coated steel market: Application Estimates & Trend Analysis
                   8.1 U.S. coated steel market: Application movement analysis, 2017 & 2025
                   8.2 Building & construction
                       8.2.1 Market estimates and forecasts in Building & construction, 2014 - 2025 (kiloTons) (USD Million)
                       8.2.2 Market estimates and forecasts in Building & construction, by end-use, 2014 - 2025 (kiloTons) (USD Million)
                           8.2.2.1 Roofing
                           8.2.2.2 Facades & sidings
                           8.2.2.3 Decking
                           8.2.2.4 Others
                   8.3 Automotive
                       8.3.1 Market estimates and forecasts in automotive, 2014 - 2025 (kiloTons) (USD Million)
                   8.4 Appliances
                       8.4.1 Market estimates and forecasts in appliances, 2014 - 2025 (kiloTons) (USD Million)
                   8.5 Other applications
                       8.5.1 Market estimates and forecasts in other applications, 2014 - 2025 (kiloTons) (USD Million)

Chapter 9 U.S. Coated Steel Market: Regional Estimates & Trend Analysis
                   9.1 North East
                       9.1.1 Market estimates and forecasts, 2014 - 2025 (KiloTons) (USD Million)
                       9.1.2 Market estimates and forecasts, by product, 2014 - 2025 (kiloTons) (USD Million)
                       9.1.3 Market estimates and forecast, by application, 2014 - 2025 (KiloTons) (USD Million)
                       9.1.4 Market estimates and forecasts in building & construction, by end-use 2014 - 2025 (KiloTons) (USD Million)
                       9.1.5 Market estimates and forecasts in building & construction, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.1.6 Market estimates and forecasts in appliances, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.1.7 Market estimates and forecasts in automotive, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.1.8 Market estimates and forecasts in other applications, by product, 2014 - 2025 (KiloTons) (USD Million)
                   9.2 Mid-West
                       9.2.1 Market estimates and forecasts, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.2 Market estimates and forecasts, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.3 Market estimates and forecast, by application, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.4 Market estimates and forecasts in building & construction, by end-use 2014 - 2025 (KiloTons) (USD Million)
                       9.2.5 Market estimates and forecasts in building & construction, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.6 Market estimates and forecasts in appliances, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.7 Market estimates and forecasts in automotive, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.2.8 Market estimates and forecasts in other applications, by product, 2014 - 2025 (KiloTons) (USD Million)
                   9.3 South
                       9.3.1 Market estimates and forecast, 2014 - 2025 (kiloTons) (USD Million)
                       9.3.2 Market estimates and forecast, by product, 2014 - 2025 (kiloTons) (USD Million)
                       9.3.3 Market estimates and forecast, by application, 2014 - 2025 (kiloTons) (USD Million)
                       9.3.4 Market estimates and forecasts in building & construction, by end-use 2014 - 2025 (KiloTons) (USD Million)
                       9.3.5 Market estimates and forecasts in building & construction, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.3.6 Market estimates and forecasts in appliances, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.3.7 Market estimates and forecasts in automotive, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.3.8 Market estimates and forecasts in other applications, by product, 2014 - 2025 (KiloTons) (USD Million)
                   9.4 West
                       9.4.1 Market estimates and forecast, 2014 - 2025 (KiloTons) (USD Million)
                       9.4.2 Market estimates and forecast, by product, 2014 - 2025 (Kilotons) (USD Million)
                       9.4.3 Market estimates and forecast, by application, 2014 - 2025 (Tons) (USD Million)
                       9.4.4 Market estimates and forecasts in building & construction, by end-use 2014 - 2025 (KiloTons) (USD Million)
                       9.4.5 Market estimates and forecasts in building & construction, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.4.6 Market estimates and forecasts in appliances, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.4.7 Market estimates and forecasts in automotive, by product, 2014 - 2025 (KiloTons) (USD Million)
                       9.4.8 Market estimates and forecasts in other applications, by product, 2014 - 2025 (KiloTons) (USD Million)

Chapter 10 Company Profiles
                   10.1 Key companies profiled
                       10.1.1 ArcelorMittal
                           10.1.1.1 Company OvervieW
                           10.1.1.2 Financial Performance
                           10.1.1.3 Product Benchmarking
                           10.1.1.4 Strategic Initiatives
                       10.1.2 ESSAR steel
                           10.1.2.1 Company OvervieW
                           10.1.2.2 Financial Performance
                           10.1.2.3 Product Benchmarking
                       10.1.3 Nippon Steel & Sumitomo Metal Corporation
                           10.1.3.1 Company Overview
                           10.1.3.2 Financial Performance
                           10.1.3.3 Product Benchmarking
                           10.1.3.4 Strategic Initiatives
                       10.1.4 NLMK
                           10.1.4.1 Company Overview
                           10.1.4.2 Financial Performance
                           10.1.4.3 Product Benchmarking
                           10.1.4.4 Strategic Initiatives
                       10.1.5 Nucor
                           10.1.5.1 Company Overview
                           10.1.5.2 Financial Performance
                           10.1.5.3 Product Benchmarking
                           10.1.5.4 Strategic Initiatives
                       10.1.6 Salzgitter AG
                           10.1.6.1 Company Overview
                           10.1.6.2 Financial Performance
                           10.1.6.3 Product Benchmarking
                           10.1.6.4 Strategic Initiatives
                       10.1.7 SSAB
                           10.1.7.1 Company Overview
                           10.1.7.2 Financial Performance
                           10.1.7.3 Product Benchmarking
                           10.1.7.4 Strategic Initiatives
                       10.1.8 Steel dynamics, inc.
                           10.1.8.1 Company Overview
                           10.1.8.2 Financial Performance
                           10.1.8.3 Product Benchmarking
                           10.1.8.4 Strategic Initiatives
                       10.1.9 United States Steel
                           10.1.9.1 Company OvervieW
                           10.1.9.2 Financial Performance
                           10.1.9.3 Product Benchmarking
                           10.1.9.4 Strategic Initiatives
                       10.1.10 voestalpine AG
                           10.1.10.1 Company OvervieW
                           10.1.10.2 Financial Performance
                           10.1.10.3 Product Benchmarking
                           10.1.10.4 Strategic Initiatives
                   10.2 List of companies

Chapter 11 Analyst's Perspective

List of Tables

Table 1 Vendor landscape (suppliers, distributors, and end-users) 
Table 2 U.S. galvanized steel market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 
Table 3 U.S. pre-painted steel market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 
Table 4 U.S. other coated steel market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million) 
Table 5 U.S. coated steel market estimates and forecasts in building & construction, 2014 - 2025 (Kilotons) (USD Million)
Table 6 U.S. coated steel market estimates and forecast in automotive, 2014 - 2025 (Kilotons) (USD Million)
Table 7 North East U.S. coated steel market volume and revenue, 2014 - 2025 (Kilotons) (USD Million) 
Table 8 North East U.S. coated steel market volume, by product, 2014 - 2025 (Kilotons) 
Table 9 North East U.S. coated steel market revenue, by product, 2014 - 2025 (USD Million)
Table 10 North East U.S. coated steel market volume, by application, 2014 - 2025 (Kilotons)
Table 11 North East U.S. coated steel market revenue, by application, 2014 - 2025 (USD Million) 
Table 12 Mid-West U.S. coated steel market volume and revenue, 2014 - 2025 (Kilotons) (USD Million) 
Table 13 Mid-West U.S. coated steel market volume, by product, 2014 - 2025 (Kilotons)
Table 14 Mid-West U.S. coated steel market revenue, by product, 2014 - 2025 (USD Million)
Table 15 Mid-West U.S. coated steel market volume, by application, 2014 - 2025 (Kilotons)
Table 16 Mid-West U.S. coated steel market revenue, by application, 2014 - 2025 (USD Million) 
Table 17 South U.S. coated steel market volume and revenue, 2014 - 2025 (Kilotons) (USD Million) 
Table 18 South U.S. coated steel market volume, by product, 2014 - 2025 (Kilotons)
Table 19 South U.S. coated steel market revenue, by product, 2014 - 2025 (USD Million)
Table 20 South U.S. coated steel market volume, by application, 2014 - 2025 (Kilotons)
Table 21 South U.S. coated steel market revenue, by application, 2014 - 2025 (USD Million)
Table 22 West U.S. coated steel market volume and revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 23 West U.S. coated steel market volume, by product, 2014 - 2025 (Kilotons)
Table 24 West U.S. coated steel market revenue, by product, 2014 - 2025 (USD Million)
Table 25 West U.S. coated steel market volume, by application, 2014 - 2025 (Kilotons)
Table 26 West U.S. coated steel market revenue, by application, 2014 - 2025 (USD Million)
Table 27 List of companies (only manufacturers)

List of Figures

Fig.1 U.S. coated steel market snapshot (USD million)
Fig.2 U.S. coated steel market segmentation
Fig.3 U.S. coated steel market-: Product movement analysis (USD million)
Fig.4 U.S. coated steel market: Regional movement analysis (USD million)
Fig.5 U.S. coated steel market: Application movement analysis
Fig.6 Value Chain
Fig.7 World crude steel production 2007 - 2017 (million ton)
Fig.8 U.S. average steel prices 2007 - 2017 (USD per metric ton)
Fig.9 U.S. Zinc production 2013 - 2017 (thousand metric ton)
Fig.10 Zinc prices 2013 - 2017 (USD per metric ton)
Fig.11 U.S. coated steel prices, 2014 - 2023 (USD/Ton)
Fig.12 Market driver relevance analysis (Current & future impact)
Fig.13 The U.S. GDP (USD trillion)
Fig.14 U.S. commercial vehicle production 2013 - 2017
Fig.15 Market restraints relevance analysis (Current & future impact)
Fig.16 Porter's Five Forces Analysis
Fig.17 Porter's Five Forces Analysis
Fig.18 Strategy Framework
Fig.19 List of key strategies, by company
Fig.20 Companies by product
Fig.21 Companies by application
Fig.22 U.S. coated steel market volume share, by product (volume) 2017 & 2025
Fig.23 U.S. coated steel market: Application movement analysis (volume) 2017 & 2025
Fig.24 U.S. coated steel regional market: Key takeaways