Coated Steel market Share growth is Likely to Register a CAGR of 5% During the Forecast Period 2023-2032
Coated Steel market Share Overview: Coated steels are steel products with a metal or color coating. Such coatings promote diverse needs like increasing longevity, better handling, improving aesthetics, and providing enhanced resistance to different weather conditions. The global coated steel market is expected to register a CAGR of over ~5% during the forecast period to cross ~USD 30 billion by 2027 Several factors are at play when it comes to push the coated steel market forward. This includes industries like construction, automotive, and electrical & electronics. For the automobile industry, steel is the most preferred material, which is bound to increase the ingress of the Coated Steel market share . Competitive Landscape: Prominent market players in the global coated steel market are SSAB (Sweden), JSW (India), ArcelorMittal (Luxembourg), JFE Steel Corporation (Japan), POSCO (South Korea), NIPPON STEEL & SUMITOMO METAL CORPORATION (Japan), NLMK (Russia), Tata Steel (I...