Southeast Asia Galvanized Steel Market to Be Worth $17.5 Billion by 2025 - Exclusive Report by Meticulous Research®
Southeast Asia Galvanized Steel Market by Product (Hot-dip galvanizing (Zinc Coating, Zinc Aluminum Coating)), Electroplating Steel (Zinc electroplating, Nickel plating), and Application (Building and Construction, Automotive, White Goods) - Forecast to 2025
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LONDON, August 20, 2019 (Newswire.com) - Meticulous Research® has published the latest market research report on the highly intriguing industry segment “Southeast Asia Galvanized Steel”, in the past week. The report states that the Southeast Asia Galvanized Steel market will increase at a CAGR of 8.5% from 2018 to reach $17.5 billion by 2025, driven by growing infrastructural activities and public spending by the government to facilitate better, safer and faster movement of goods and human capital in the region.
The report provides meticulous analysis of this market by segmenting it on the basis of product (hot-dipped galvanized steel, and electro-galvanized steel), application (building and construction, automotive, white goods, shipbuilding, infrastructure development, and other applications), and geography (Indonesia, Vietnam, Thailand, Philippines, Malaysia, and Singapore).
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Geographically, Thailand commanded the largest share in this market, followed by Vietnam. The major share of Thailand is mainly attributed to the automotive industry, followed by public infrastructure projects like the Eastern Economic Corridor and high-speed rail networks.
“Despite Thailand holding a major share in 2018, Indonesia is slated to register the fastest growth during the forecast period, primarily due to the accelerated growth of economies, increasing manufacturing activities, and increasing infrastructure requirement for commercial space and faster movement of human capital,” said Uddhav Sable, Research Director at Meticulous Research®.
Among product types, the hot-dipped galvanized steel segment commanded the largest share in this market. The largest share of this segment is primarily attributed to the cost-effectiveness and simplicity of the manufacturing process.
The key players analyzed in the Southeast Asia Galvanized Steel market are Nippon Steel Corporation (Japan), POSCO (South Korea), JFE Holdings Inc. (Japan), and NS BlueScope (Australia). Other key players in the market include Essar Steel, JTL Infra, Dongkuk Steel Mill Co. Ltd., Hoa Sen Steel Ltd., Hoa Phat Group, Galvaco Industries Sdn. Bhd., FiW Steel Sdn. Bhd., and Chinh Dai Industrial Co. Ltd.
The report is available for purchase in electronic format with multiple license choices and sectional purchases, starting from $499 only.
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Scope of the Report:
1. Introduction
1.1. Market Definition
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
3. Executive Summary
4. Market Insights
4.1. Introduction
4.1.1. Drivers
4.1.1.1. Increase in Infrastructure Investments
4.1.1.2. Faster GDP Growth of the Region
4.1.1.3. Rise in Consumption of Steel
4.1.2. Restraints
4.1.2.1. Idle Factory & Underutilized Capacity
4.1.2.2. Dumping Of Chinese Steel
4.1.2.3. Banned Induction Furnace from China to Make Their Way to Asean Nation
4.1.3. Opportunities
4.1.3.1. Urbanisation of the Region
4.1.3.2. Growing Automotive Market in the Region
4.1.3.3. Creation of Asean Economic Community
5. Southeast Asia Galvanized Steel Market, by Product Type
5.1. Introduction
5.2. Hot-Dipped Galvanized Steel
5.2.1. Hot Dipped Zinc Coated Galvanized Steel
5.2.2. Hot Dipped Zinc-Aluminum-Silicon Alloy Coated Galvanized Steel
5.2.3. Hot Dipped Aluminum Coated Galvanized Steel
5.2.4. Zinc-Magnesium-Aluminum Alloy Coated Galvanized Steel
5.2.5. Hot Dipped Sn-Zinc Coated Galvanized Steel
5.2.6. Hot Dipped Zinc-Aluminum-Magnesium-Silicon Alloy Coated Galvanized Steel
5.3. Electro-Galvanized Steel
5.3.1. Electrolytic Zinc Coated Galvanized Steel
5.3.2. Electrolytic Zinc-Nickel Alloy Coated Galvanized Steel
5.3.3. Electrolytic Zinc-Sn-Nickel Alloy Coated Galvanized Steel
5.3.4. Electrolytic Nickel Coated Galvanized Steel
5.3.5. Electrolytic Phosphate Treated Galvanized Steel
6. Southeast Asia Galvanized Steel Market, by Application
6.1. Introduction
6.2. Building and Construction
6.3. Automotive
6.4. White Goods
6.5. Shipbuilding
6.6. Other Applications
7. Southeast Asia Galvanized Steel Market, by Country
7.1. Introduction
7.2. Indonesia
7.3. Vietnam
7.4. Thailand
7.5. Philippines
7.6. Malaysia
7.7. Singapore
7.8. Rest of Southeast Asia
8. Competitive Landscape
8.1. Competitive Benchmarking
9. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
9.1. Essar Steel India Limited
9.2. Nippon Steel Corporation
9.3. Posco
9.4. JFE Holdings, Inc.
9.5. JTL Infra Limited
9.6. Ns BlueScope Steel Limited
9.7. Hoa Sen Steel Limited
9.8. Hoa Phat Group
9.9. Dongkuk Steel Mill Co. Ltd
9.10. Chinh Dai Industrial Co. Ltd.
9.11. FiW Steel Sdn. Bhd.
9.12. Galvaco Industries Sdn. Bhd
10. Appendix
10.1. Questionnaire
10.2. Available Customization
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Source: Meticulous Market Research Pvt. Ltd.