Coated Steel Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Description

Coated Steel Market size was valued at USD 298.2 million in 2021 It is growing at a CAGR of 3.8% from 2022 to 2028. The global market provides a detailed overview of the global coated steel market, and that can be segmented by type, resin type, and by application. By type, the global coated steel market has been segmented into Electro-Galvanized Coated Steel, Hot-dip Galvanized Coated Steel, Precoated Steel, and Others. The Electro-Galvanized Coated Steel segment is likely to be the largest and fastest-growing segment in terms of type. Based on resin type, the global coated steel market is segmented into Fluoropolymer, Plastisol, Polyester, Siliconized Polyester, and Others. Among these, the Fluoropolymer segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the global coated steel market is segmented into Building & Construction, Automotive, Appliances, and Others. The Building & Construction segment accounts for the largest share in 2021.

Key Development:

In June 2022, NLMK launched a new coated steel offering with a zinc-aluminum-magnesium coating of increased resistance.

In April 2021, Nippon Steel launched ZAM®-EX high corrosion-resistant coated steel sheets for overseas markets.