Global carbon steel market

Global carbon steel market Overview

• The Global carbon steel market Size is anticipated to exceed USD 1557.57 Billion by 2033, growing at a CAGR of 61.2% from 2023 to 2033.
• This is because of its great strength, excellent machinability, and numerous uses, this steel and its varieties are used in the manufacturing, oil and gas, automotive, and construction and building sectors. 
• Additionally, throughout the projected period, the growing demand for automobiles in emerging nations is anticipated to propel the expansion of the carbon steel market.

Major vendors in the Global carbon steel market

ArcelorMittal (Luxembourg), NIPPON STEEL CORPORATION. (Japan), POSCO (South Korea), Baosteel Group Corporation (China), JFE Steel Corporation (Japan), Tata Steel Limited (India), United States Steel Corporation (U.S.), ThyssenKrupp AG (Germany), HBIS Group (China), JSW Steel Corporation, and, and others. 

Market Segment 

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Global carbon steel market based on the below-mentioned segments:

Global carbon steel market, By Type

• Low Carbon Steel
• Medium Carbon Steel
• High Carbon Steel
• Ultra-High Carbon Steel

Global Carbon Steel Market, By Application

• Building & Construction
• Automotive & Transportation
• Industrial Equipment
• Others

 Global carbon steel market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa