아연도금 강판 시장 규모, 점유율, 예측 및 동향 분석 : 제품 유형별, 용도별 - 세계 예측(-2031년)

Galvanized Steel Market by Product Type (Hot-dipped Galvanized Steel, Electro-galvanized Steel), Application (Building and Construction, Automotive, White Goods, Shipbuilding, Other Applications), and Geography-Global Forecast to 2031.

The research report titled 'Galvanized Steel Market by Product Type (Hot-dipped Galvanized Steel, Electro-galvanized Steel), Application (Building and Construction, Automotive, White Goods, Shipbuilding, Other Applications), and Geography-Global Forecast to 2031' provides an in-depth analysis of global galvanized steel market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.

The global galvanized steel market is expected to reach $216.2 billion by 2031, at a CAGR of 9.9% from 2024-2031, while in terms of volume, the market is expected to reach 240.8 million tons by 2031, at a CAGR of 9.2% from 2024-2031.

The growth of this market is driven by increasing infrastructure investments and rising demand for galvanized steel in the construction industry. However, the volatility in raw material prices and stringent regulatory compliance & standards may restrain market growth.

Furthermore, technological advancements in the galvanized steel manufacturing process are expected to create market growth opportunities. However, high manufacturing costs pose a significant challenge to the market's growth.

The galvanized steel market is segmented into product type (hot-dipped galvanized steel {hot-dipped zinc coated galvanized steel, hot-dipped aluminum coated galvanized steel, hot-dipped Sn-zinc coated galvanized steel, hot-dipped zinc-magnesium-aluminum alloy coated galvanized steel, hot-dipped zinc-aluminum-silicon alloy coated galvanized steel, hot dipped zinc-aluminum-magnesium-silicon alloy coated galvanized steel} and electro-galvanized steel {electrolytic zinc-coated galvanized steel, electrolytic zinc-nickel alloy-coated galvanized steel, electrolytic nickel-coated galvanized steel, electrolytic zinc-Sn-nickel alloy-coated galvanized steel, electrolytic phosphate-treated galvanized steel}) and application (building and construction {trusses, roofs, frames, exterior wall, interior wall, pipes and ducts, purlins, decking, other building and construction applications}, shipbuilding, automotive, white goods {refrigerators, washing machines, air-conditioning, microwave ovens, other white goods}, and other applications {electrical transmission towers, telecom towers, steel furniture, office equipment, miscellaneous applications}). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on product type, the galvanized steel market is segmented into hot-dipped galvanized steel and electro-galvanized steel. In 2024, the hot-dipped galvanized steel segment is expected to account for the larger share of over 75.0% of the galvanized steel market. Hot-dipped galvanized steel offers numerous environmental and economic benefits, making it a key component in achieving sustainable designs. Furthermore, it eliminates the need for costly and damaging corrosion protection inspections and maintenance. Hot-dip galvanized steel can withstand corrosion for decades and requires minimal to no maintenance, ensuring the integrity of structures for a long period. Hot-dipped galvanizing facilitates tight bonding of zinc coating with the steel, and it has a low peeling tendency due to its low-friction surface. These attributes make hot-dipped galvanized coatings highly ductile and capable of retaining full corrosion protection even after extensive forming. Additionally, hot-dipped galvanized steel is compatible with various welding techniques, including resistance, laser, and arc welding methods. These benefits drive their increased adoption, contributing to the significant market share of this segment.

Moreover, the hot-dipped galvanized steel segment is projected to register the highest CAGR during the forecast period.

Based on application, the galvanized steel market is segmented into building & construction, shipbuilding, automotive, white goods, and other applications. In 2024, the building & construction segment is expected to account for the largest share of over 45.0% of the galvanized steel market. Galvanized steel offers numerous benefits in construction & building applications. It offers a cost-effective and low-maintenance solution for protecting metal structural components of buildings from corrosion caused by moisture, environmental elements, and other factors. Moreover, galvanized steel is more cost-effective than other types of steel, with lower maintenance expenses and reduced labor hours post-construction. Unlike other materials, it requires minimal upkeep-periodic wiping is sufficient to maintain a corrosion-free surface, eliminating the need for harsh chemical treatments. These benefits increase the adoption of galvanized steel in building & construction applications, contributing to the large market share of this segment.

However, the white goods segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the increased utilization of steel in the manufacture of white goods. Manufacturers utilize electro-galvanized steel sheets with a coating weight of 20 g/m2 for white goods. This coating process effectively mitigates red rust formation on steel by leveraging zinc's preferential corrosion properties.

Based on geography, the galvanized steel market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 47.0% of the galvanized steel market. Moreover, the market in Asia-Pacific market is projected to register the highest CAGR of 11.5% during the forecast period. The growth of this regional market is driven by the rapid pace of industrialization and urbanization across Asia-Pacific, resulting in the increased demand for construction materials like galvanized steel for infrastructure projects, residential buildings, and commercial structures.

Furthermore, the automotive sector is a significant end user of galvanized steel. It is extensively used in the production of vehicle bodies and components. Additionally, advancements in galvanizing technology have enhanced the quality, efficiency, and cost-effectiveness of galvanized steel, driving their adoption across various industries throughout the Asia-Pacific region. These factors contribute to the growth of the galvanized steel market in Asia-Pacific.

Additionally, key market players are launching various initiatives, contributing to the market's growth. For instance:

• In June 2022, Nippon Steel Corporation (Japan) announced a joint venture between and ArcelorMittal S.A. (Luxembourg). It announced a spending of roughly USD 1.1 billion (YEN 140 billion) to build advanced steel processing lines in India, with the potential for expanding capacity further to tap the country's growing demand for steel. The new lines will be installed at AM/NS India's Hazira plant, an integrated steelworks in the western state of Gujarat. They include a cold-rolling mill and a hot-dip galvanizing line, with a combined annual processing capacity of 2 million tons.
• In January 2022, POSCO (South Korea), the world's fifth-largest steelmaker by output, announced its plans to construct a plant in China aimed at producing galvanized steel sheets for cars. The plant, which will be located in Tangshan in northern China's Hebei Province, will have a production capacity of 900,000 tons.

The key players operating in the galvanized steel market include ArcelorMittal S.A. (Luxembourg), POSCO (South Korea), Nippon Steel Corporation (Japan), JFE Holdings, Inc. (Japan), ThyssenKrupp AG (Germany), NS Bluescope Steel Limited (Australia), JTL Infra Ltd. (India), Hesteel Group Company Limited (China), Hyundai Steel Co., Ltd (South Korea), Dongkuk Steel Group (South Korea), NLMK Group (Russia), Tata Steel Limited (India), FIW Steel Sdn. Bhd. (Malaysia), Anshan Iron and Steel Group Corporation (China), and Galvaco Industries Sdn. Bhd. (Malaysia).

Key Questions Answered in the Report:

• What are the high-growth market segments in terms of product type and application?
• What was the historical market size for the galvanized steel market?
• What are the market forecasts and estimates for 2024-2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the galvanized steel market?
• Who are the major players in the galvanized steel market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the galvanized steel market?
• What are the different strategies adopted by major market players?
• What are the trends and high-growth countries?
• Who are the emerging players in the galvanized steel market, and how do they compete with other players?

Scope of the Report:

Galvanized Steel Market Assessment-by Product Type

• Hot-dipped Galvanized Steel
  • Hot-dipped Zinc Coated Galvanized Steel
  • Hot-dipped Aluminum Coated Galvanized Steel
  • Hot-dipped Sn-Zinc Coated Galvanized Steel
  • Hot-dipped Zinc-Magnesium-Aluminum Alloy Coated Galvanized Steel
  • Hot-dipped Zinc-Aluminum-Silicon Alloy Coated Galvanized Steel
  • Hot dipped Zinc-Aluminum-Magnesium-Silicon Alloy Coated Galvanized Steel
• Electro-galvanized Steel
  • Electrolytic Zinc-Coated Galvanized Steel
  • Electrolytic Zinc-Nickel Alloy-Coated Galvanized Steel
  • Electrolytic Nickel-Coated Galvanized Steel
  • Electrolytic Zinc-Sn-Nickel Alloy-Coated Galvanized Steel
  • Electrolytic Phosphate-Treated Galvanized Steel

Galvanized Steel Market Assessment-by Application

• Building & Construction
  • Trusses
  • Roofs
  • Frames
  • Exterior Wall
  • Interior Wall
  • Pipes and Ducts
  • Purlins
  • Decking
  • Other Building & Construction Applications
• Shipbuilding
• Automotive
• White Goods
  • Refrigerators
  • Washing Machines
  • Air-conditioning
  • Microwave Ovens
  • Other White Goods
• Other Applications
  • Electrical Transmission Towers
  • Telecom Towers
  • Steel Furniture
  • Office Equipment
  • Miscellaneous Applications

Galvanized Steel Market Assessment-by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Netherlands
  • Switzerland
  • Sweden
  • Denmark
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia & New Zealand
  • Indonesia
  • Thailand
  • Vietnam
  • Malaysia
  • Singapore
  • Rest of Asia- Pacific
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Israel
  • Rest of Middle East & Africa

TABLE OF CONTENTS

1. Introduction

• 1.1. Market Definition & Scope
• 1.2. Currency & Limitations
  • 1.2.1. Currency
  • 1.2.2. Limitations

2. Research Methodology

• 2.1. Research Approach
• 2.2. Data Collection & Validation Process
  • 2.2.1. Secondary Research
  • 2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
• 2.3. Market Sizing and Forecasting
  • 2.3.1. Market Size Estimation Approach
  • 2.3.2. Growth Forecast Approach
• 2.4. Assumptions for the Study

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Analysis, by Product Type
• 3.3. Market Analysis, by Application
• 3.4. Market Analysis, by Geography
• 3.5. Competitive Analysis

4. Market Insights

• 4.1. Overview
• 4.2. Factors Affecting Market Growth
  • 4.2.1. Drivers
    • 4.2.1.1. Increasing Infrastructure Investments
    • 4.2.1.2. Rising Demand in the Construction Industry
  • 4.2.2. Restraints
    • 4.2.2.1. Volatility in Raw Material Prices
    • 4.2.2.2. Regulatory Compliance and Standards
  • 4.2.3. Opportunities
    • 4.2.3.1. Technological Advancements in Galvanized Steel Manufacturing Process
  • 4.2.4. Challenges
    • 4.2.4.1. High Manufacturing Costs
• 4.3. Case Studies
• 4.4. Value Chain Analysis
• 4.5. Porter's Five Forces Analysis

5. Global Galvanized Steel Market Assessment-by Product Type

• 5.1. Overview
• 5.2. Hot-dipped Galvanized Steel
  • 5.2.1. Hot-dipped Zinc Coated Galvanized Steel
  • 5.2.2. Hot-dipped Aluminum Coated Galvanized Steel
  • 5.2.3. Hot-dipped Sn-Zinc Coated Galvanized Steel
  • 5.2.4. Hot-dipped Zinc-Magnesium-Aluminum Alloy Coated Galvanized Steel
  • 5.2.5. Hot-dipped Zinc-Aluminum-Silicon Alloy 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 Nickel-Coated Galvanized Steel
  • 5.3.4. Electrolytic Zinc-Sn-Nickel Alloy-Coated Galvanized Steel
  • 5.3.5. Electrolytic Phosphate-Treated Galvanized Steel

6. Global Galvanized Steel Market Assessment-by Application

• 6.1. Overview
• 6.2. Building and Construction
  • 6.2.1. Trusses
  • 6.2.2. Roofs
  • 6.2.3. Frames
  • 6.2.4. Exterior Wall
  • 6.2.5. Interior Wall
  • 6.2.6. Pipes and Ducts
  • 6.2.7. Purlins
  • 6.2.8. Decking
  • 6.2.9. Other Building and Construction Applications
• 6.3. Shipbuilding
• 6.4. Automotive
• 6.5. White Goods
  • 6.5.1. Refrigerators
  • 6.5.2. Washing Machines
  • 6.5.3. Air-conditioning
  • 6.5.4. Microwave Ovens
  • 6.5.5. Other White Goods Appliances
• 6.6. Other Appliances
  • 6.6.1. Electrical Transmission Towers
  • 6.6.2. Telecom Towers
  • 6.6.3. Steel Furniture
  • 6.6.4. Office Equipment
  • 6.6.5. Miscellaneous Applications

7. Galvanized Steel Market Assessment-by Geography

• 7.1. North America
  • 7.1.1. U.S.
  • 7.1.2. Canada
• 7.2. Europe
  • 7.2.1. Germany
  • 7.2.2. U.K.
  • 7.2.3. France
  • 7.2.4. Italy
  • 7.2.5. Spain
  • 7.2.6. Netherlands
  • 7.2.7. Switzerland
  • 7.2.8. Sweden
  • 7.2.9. Denmark
  • 7.2.10. Rest of Europe
• 7.3. Asia-Pacific
  • 7.3.1. China
  • 7.3.2. Japan
  • 7.3.3. India
  • 7.3.4. South Korea
  • 7.3.5. Australia & New Zealand
  • 7.3.6. Indonesia
  • 7.3.7. Thailand
  • 7.3.8. Vietnam
  • 7.3.9. Malaysia
  • 7.3.10. Singapore
  • 7.3.11. Rest of Asia-Pacific
• 7.4. Latin America
  • 7.4.1. Mexico
  • 7.4.2. Brazil
  • 7.4.3. Rest of Latin America
• 7.5. Middle East & Africa
  • 7.5.1. UAE
  • 7.5.2. Israel
  • 7.5.3. Rest of Middle East & Africa

8. Competition Analysis

• 8.1. Overview
• 8.2. Key Growth Strategies
• 8.3. Competitive Benchmarking
• 8.4. Competitive Dashboard
  • 8.4.1. Industry Leaders
  • 8.4.2. Market Differentiators
  • 8.4.3. Vanguards
  • 8.4.4. Emerging Companies
• 8.5. Market Share Analysis

9. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)

• 9.1. ArcelorMittal S.A.
• 9.2. POSCO
• 9.3. Nippon Steel Corporation
• 9.4. JFE Holdings, Inc.
• 9.5. ThyssenKrupp AG
• 9.6. NS Bluescope Steel Limited
• 9.7. JTL Infra Ltd.
• 9.8. Hesteel Group Company Limited
• 9.9. Hyundai Steel Co., Ltd
• 9.10. Dongkuk Steel Group
• 9.11. NLMK Group
• 9.12. Tata Steel Limited
• 9.13. FIW Steel Sdn. Bhd.
• 9.14. Anshan Iron and Steel Group Corporation
• 9.15. Galvaco Industries Sdn. Bhd.

(Note: SWOT analysis of the top 5 companies will be provided.)

10. Appendix

• 10.1. Available Customization
• 10.2. Related Reports