Research and Markets - Global Steel Tubes Market CAGR Growth of 6.50% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Tata Steel, JFE Steel, Gerdau

DUBLIN, August 15, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Steel Tubes Market 2016-2020" report to their offering.

The global steel tubes market is forecast to grow at a CAGR of 6.50% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: Increasing use of steel scrap will be a key trend for market growth. Countries such as India and China are increasing the use of scrap iron to reduce carbon footprint. Recycling of scrap improves the industry's economic viability and reduces the environmental impact by eliminating the need for iron ore extraction for steel production. This reduces carbon dioxide emissions significantly, saves energy and water consumption, and also reduces air pollution. On an average, - 1.787 tons' carbon dioxide is saved for each ton of scrap steel.

According to the report, increase in demand for galvanized pipes and tubes will be a key driver for market growth. By volume, the global galvanized steel market was 326.2 million metric tons in 2015 and we expect the market to reach 420 million metric tons by 2020, growing at a CAGR of 5.18%. Galvanized steel is used for construction purposes including door, sash, wall, shutter, fence, beam, column, partition, under-ceiling, car port, veranda, and store-room. The infrastructure and construction sector accounts for 38%-42% of the global galvanized steel demand.

Questions Answered:

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

• ArcelorMittal
• NSSMC
• POSCO
• Shanghai Baosteel
• Tata Steel
• EVRAZ
• Gerdau
• Hebei Iron and Steel
• JFE Steel
• Nucor

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product form

PART 07: Market segmentation by end-user

PART 08: Geographic segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

PART 17: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/jx2nqn/global_steel

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