Coated Steel Market: By Type (Electro-Galvanized Coated Steel, Hot-dip Galvanized Coated Steel, Precoated Steel, and Others), By Resin Type (Fluoropolymer, Plastisol, Polyester, Siliconized Polyester, and Others), By Application (Building & Construction, Automotive, Appliances, and Others) and Geography    

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Coated Steel Market size was valued at USD 312.2 million in 2023 and is poised to grow at a CAGR of 5.6% from 2024 to 2030. The global market provides a detailed overview of the global coated steel market, and that can be segmented by type, resin type, and 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. 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 2023.

Coated Steel Market 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 high corrosion-resistant coated steel sheets for overseas markets.

Global Coated Steel Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.6%

Largest Market

Asia Pacific

Fastest Growing Market

North America

Coated Steel Market Dynamics

High growth in automotive industry, growing demand from end user industries, high demand for corrosion-resistant and lightweight composites in construction, superior properties of the products and stiff competition in the coated steel industry are some key factors propelling the market growth. However, disparity in the demand and supply of color coated steel and fluctuating prices of materials are hampering the market growth. For the past decades, the automotive industry has been in the forefront in demanding constant improvements. Steel supplies a wide range of advanced products and technologies to automotive industry. Automotive is also one of the major applications of coated steel where majorly the electro galvanization and paint coating accounts for considerable share in the market. With more complex press part shapes and faster acceptance of high strength steel sheets in recent years, extensively improved press formability has been demanded to the steel sheets, drawing extreme attention to surface lubrication technologies. Coated steel is used for manufacturing complex shaped interior and exterior parts of vehicles. Hence, high growth in automotive industry are fueling the market growth.

Global Coated Steel Market Segmentation

By Type

  • Electro-Galvanized Coated Steel
  • Hot-dip Galvanized Coated Steel
  • Precoated Steel
  • Others

By Resin Type

  • Fluoropolymer
  • Plastisol
  • Polyester
  • Siliconized Polyester
  • Others

By Application

  • Building & Construction
  • Automotive
  • Appliances
  • Others

By Geography

  • North America
  • Latin America
  • Europr
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

The coated steel market size was valued at USD 312.2 million in 2023

The coated steel market key players are: ArcelorMittal S.A. (Luxembourg) Essar Steel Ltd. (India) Jindal Steel & Power Ltd. (India) Lysvenskii Metallurgicheskii Zavod Zao (Russia) Nippon Steel & Sumitomo Metal Corporation (Japan) OJSC Magnitogorsk Iron & Steel Works (MMK) (Russia) OJSC Novolipetsk Steel (NLMK) (Russia) Salzgitter AG (Germany) SSAB AB (Sweden) Tata Steel Ltd. (India) ThyssenKrupp AG (Germany) United States Steel (U.S.) Voestalpine AG (Austria)

The coated steel market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

 

  1. Executive Summary
  2. Global Coated Steel Market Introduction
    • Global Coated Steel Market Taxonomy
    • Global Coated Steel Market Definitions
      • Type
      • Resin Type
      • Application
  1. Global Coated Steel Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Coated Steel Market Dynamic Factors - Impact Analysis
    • Global Coated Steel Market Competition Landscape
  2. Global Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
    • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Coated Steel Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Electro-Galvanized Coated Steel
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hot-dip Galvanized Coated Steel
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Precoated Steel
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Coated Steel Market Forecast, By Resin Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Fluoropolymer
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Plastisol
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyester
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Siliconized Polyester
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Coated Steel Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Building & Construction
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automotive
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Appliances
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Coated Steel Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Region, 2024 - 2030
  2. North America Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Electro-Galvanized Coated Steel
      • Hot-dip Galvanized Coated Steel
      • Precoated Steel
      • Others
    • Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fluoropolymer
      • Plastisol
      • Polyester
      • Siliconized Polyester
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Building & Construction
      • Automotive
      • Appliances
      • Others
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Country, 2024 - 2030
    • North America Coated Steel Market Dynamics Trends
  3. Europe Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Electro-Galvanized Coated Steel
      • Hot-dip Galvanized Coated Steel
      • Precoated Steel
      • Others
    • Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fluoropolymer
      • Plastisol
      • Polyester
      • Siliconized Polyester
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Building & Construction
      • Automotive
      • Appliances
      • Others
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Country, 2024 - 2030
    • Europe Coated Steel Market Dynamics Trends
  4. Asia-Pacific Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Electro-Galvanized Coated Steel
      • Hot-dip Galvanized Coated Steel
      • Precoated Steel
      • Others
    • Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fluoropolymer
      • Plastisol
      • Polyester
      • Siliconized Polyester
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Building & Construction
      • Automotive
      • Appliances
      • Others
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Country, 2024 - 2030
    • Asia-Pacific Coated Steel Market Dynamics Trends
  5. Latin America Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Electro-Galvanized Coated Steel
      • Hot-dip Galvanized Coated Steel
      • Precoated Steel
      • Others
    • Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fluoropolymer
      • Plastisol
      • Polyester
      • Siliconized Polyester
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Building & Construction
      • Automotive
      • Appliances
      • Others
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Country, 2024 - 2030
    • Latin America Coated Steel Market Dynamics Trends
  6. Middle East and Africa Coated Steel Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
    • Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Electro-Galvanized Coated Steel
      • Hot-dip Galvanized Coated Steel
      • Precoated Steel
      • Others
    • Resin Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Fluoropolymer
      • Plastisol
      • Polyester
      • Siliconized Polyester
      • Others
    • Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Building & Construction
      • Automotive
      • Appliances
      • Others
    • Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Coated Steel Market - Opportunity Analysis Index, By Type, Resin Type, Application and Country, 2024 - 2030
    • MEA Coated Steel Market Dynamics Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • ArcelorMittal S.A. (Luxembourg)
      • Essar Steel Ltd. (India)
      • Jindal Steel & Power Ltd. (India)
      • Lysvenskii Metallurgicheskii Zavod Zao (Russia)
      • Nippon Steel & Sumitomo Metal Corporation (Japan)
      • OJSC Magnitogorsk Iron & Steel Works (MMK) (Russia)
      • OJSC Novolipetsk Steel (NLMK) (Russia)
      • Salzgitter AG (Germany)
      • SSAB AB (Sweden)
      • Tata Steel Ltd. (India)
      • ThyssenKrupp AG (Germany)
      • United States Steel (U.S.)
      • Voestalpine AG (Austria)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • ArcelorMittal S.A. (Luxembourg)
  • Essar Steel Ltd. (India)
  • Jindal Steel & Power Ltd. (India)
  • Lysvenskii Metallurgicheskii Zavod Zao (Russia)
  • Nippon Steel & Sumitomo Metal Corporation (Japan)
  • OJSC Magnitogorsk Iron & Steel Works (MMK) (Russia)
  • OJSC Novolipetsk Steel (NLMK) (Russia)
  • Salzgitter AG (Germany)
  • SSAB AB (Sweden)
  • Tata Steel Ltd. (India)
  • ThyssenKrupp AG (Germany)
  • United States Steel (U.S.)
  • Voestalpine AG (Austria)

Adjacent Markets