Report overview
Hot-dip galvanization is a form of galvanization. It is the process of coating iron and steel with zinc, which alloys with the surface of the base metal when immersing the metal in a bath of molten zinc at a temperature of around 840 ?F (449 ?C). When exposed to the atmosphere, the pure zinc (Zn) reacts with oxygen (O2) to from zinc oxide (ZnO), which further reacts with carbon dioxide (CO2) to form zinc carbonate (ZnCO3), a usually dull grey, fairly strong material that protects the steel underneath from further corrosion in many circumstances. Galvanized steel is widely used in applications where corrosion resistance is needed without the cost of stainless steel, and is considered superior in terms of cost and life-cycle.
This report aims to provide a comprehensive presentation of the global market for Hot-dip Galvanized Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hot-dip Galvanized Steel. This report contains market size and forecasts of Hot-dip Galvanized Steel in global, including the following market information:
Global Hot-dip Galvanized Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Hot-dip Galvanized Steel Market Sales, 2018-2023, 2024-2029, (M MT)
Global top five Hot-dip Galvanized Steel companies in 2022 (%)
The global Hot-dip Galvanized Steel market was valued at US$ 98510 million in 2022 and is projected to reach US$ 114730 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest Hot-dip Galvanized Steel market with about 45% market share. Europe is follower, accounting for about 20% market share.
The key players are Baowu Group, ThyssenKrupp, Steel Dynamics, POSCO, ArcelorMittal, Nippon Steel & Sumitomo Metal, Hesteel Group, Hyundai Steel, JFE Steel Corporation, Shougang, Ansteel Group, Gerdau, Maanshan Steel, United States Steel Corporation, Youfa Steel Pipe Group, Benxi Steel Group, China Steel Corporation, JSW Steel Ltd, Tata Steel, NLMK Group, Valin Steel Group, Shagang Group etc. Top 3 companies occupied about 23% market share.
We surveyed the Hot-dip Galvanized Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hot-dip Galvanized Steel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Hot-dip Galvanized Steel Market Segment Percentages, by Type, 2022 (%)
Sheet & Strip
Structure
Pipe & Tube
Wire & Hardware
Global Hot-dip Galvanized Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Hot-dip Galvanized Steel Market Segment Percentages, by Application, 2022 (%)
Construction
Home Appliance
Automotive
General Industrial
Global Hot-dip Galvanized Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Hot-dip Galvanized Steel Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hot-dip Galvanized Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hot-dip Galvanized Steel revenues share in global market, 2022 (%)
Key companies Hot-dip Galvanized Steel sales in global market, 2018-2023 (Estimated), (M MT)
Key companies Hot-dip Galvanized Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Baowu Group
ThyssenKrupp
Steel Dynamics
POSCO
ArcelorMittal
Nippon Steel & Sumitomo Metal
Hesteel Group
Hyundai Steel
JFE Steel Corporation
Shougang
Ansteel Group
Gerdau
Maanshan Steel
United States Steel Corporation
Youfa Steel Pipe Group
Benxi Steel Group
China Steel Corporation
JSW Steel Ltd
Tata Steel
NLMK Group
Valin Steel Group
Shagang Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hot-dip Galvanized Steel, market overview.
Chapter 2: Global Hot-dip Galvanized Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Hot-dip Galvanized Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hot-dip Galvanized Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Hot-dip Galvanized Steel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
