Global Laminated Steel Market Size Study, by Product (Carbon Steel, Low-Alloy Steel, Electrical Steel, Others), by End Use (Automotive & Transportation, Construction & Buildings, Electrical & Electronics, Food & Beverage, Others) and Regional Forecasts 2022-2032

March 2025 | 285 pages | ID: GC867FC35F0EEN
Bizwit Research & Consulting LLP

Abstracts

The Global Laminated Steel Market was valued at USD 1.57 billion in 2023 and is anticipated to grow at a CAGR of 4.6% over the forecast period 2024-2032. Laminated steel has gained prominence across various industries due to its exceptional durability, corrosion resistance, and noise-reduction properties. With industries increasingly prioritizing efficiency, sustainability, and product longevity, the demand for laminated steel has surged.

The automotive sector is a major contributor to market growth, especially with the rise of electric vehicles (EVs). The material's application in electric motor cores, chassis, and body panels plays a pivotal role in reducing vehicle weight, improving fuel efficiency, and enhancing safety standards. Moreover, stringent government regulations on vehicle emissions and fuel economy have compelled automakers to adopt advanced materials like laminated steel, further driving market expansion.

The construction industry has also played a crucial role in increasing the demand for laminated steel. With rapid urbanization and a shift towards sustainable and energy-efficient building materials, laminated steel has found widespread application in structural frameworks, roofing, and cladding. Its fire-resistant properties, robustness, and aesthetic appeal make it an ideal choice for modern construction projects, especially in commercial and residential infrastructure. The growing focus on green buildings has further enhanced its adoption, as laminated steel is highly recyclable and contributes to energy efficiency.

Technological advancements in lamination techniques, automation, and material innovation have significantly improved the performance and cost-efficiency of laminated steel. Enhanced bonding methods and advanced coatings have expanded the scope of applications, while automation and digitalization in steel production have streamlined manufacturing processes, reducing material wastage and increasing operational efficiency.

The key regions considered for the Global Laminated Steel Market study include Asia-Pacific, North America, Europe, Latin America, and the Rest of the World. In 2023, Asia-Pacific dominated the market, contributing 75.3% of global revenue, driven by large-scale infrastructure projects and a booming automotive industry in China, India, and Japan. North America and Europe continue to experience steady growth due to EV advancements, infrastructure development, and sustainability initiatives. Meanwhile, Latin America, the Middle East, and Africa are poised for significant market expansion, supported by industrialization, rising investments in renewable energy, and growing construction activities.

Major Market Players Included in this Report Are:

• Nippon Steel Corporation
• ArcelorMittal
• POSCO
• Tata Steel
• thyssenkrupp AG
• United States Steel Corporation
• China Ansteel Group Corporation Limited
• JFE Steel Corporation
• LIENCHY LAMINATED METAL CO., LTD.
• Alliance Steel
• Baosteel Group Corporation
• AK Steel Holding Corporation
• Voestalpine AG
• Hyundai Steel Company
• Cleveland-Cliffs Inc.

The Detailed Segments and Sub-Segments of the Market are Explained Below:

By Product:

• Carbon Steel
• Low-Alloy Steel
• Electrical Steel
• Others

By End Use:

• Automotive & Transportation
• Construction & Buildings
• Electrical & Electronics
• Food & Beverage
• Others

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study Are As Follows:

• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand-side and supply-side analysis of the market.

Contents

CHAPTER 1. GLOBAL LAMINATED STEEL MARKET EXECUTIVE SUMMARY

1.1. Global Laminated Steel Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Product
  1.3.2. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL LAMINATED STEEL MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL LAMINATED STEEL MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rapid Expansion of EV Industry
  3.1.2. Growing Demand for Lightweight & Durable Materials in Construction
  3.1.3. Advancements in Lamination Technologies
3.2. Market Challenges
  3.2.1. High Production Costs
  3.2.2. Price Volatility of Raw Materials
3.3. Market Opportunities
  3.3.1. Growing Demand for Sustainable and Recyclable Materials
  3.3.2. Expansion of Renewable Energy Infrastructure

CHAPTER 4. GLOBAL LAMINATED STEEL MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL LAMINATED STEEL MARKET SIZE & FORECASTS BY PRODUCT (2022-2032)

5.1. Segment Dashboard
5.2. Global Laminated Steel Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  5.2.1. Carbon Steel
  5.2.2. Low-Alloy Steel
  5.2.3. Electrical Steel
  5.2.4. Others

CHAPTER 6. GLOBAL LAMINATED STEEL MARKET SIZE & FORECASTS BY END USE (2022-2032)

6.1. Segment Dashboard
6.2. Global Laminated Steel Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  6.2.1. Automotive & Transportation
  6.2.2. Construction & Buildings
  6.2.3. Electrical & Electronics
  6.2.4. Food & Beverage
  6.2.5. Others

CHAPTER 7. GLOBAL LAMINATED STEEL MARKET SIZE & FORECASTS BY REGION (2022-2032)

7.1. North America
  7.1.1. U.S.
    7.1.1.1. Product breakdown size & forecasts, 2022-2032
    7.1.1.2. End Use breakdown size & forecasts, 2022-2032
  7.1.2. Canada
7.2. Europe
  7.2.1. U.K.
  7.2.2. Germany
  7.2.3. France
  7.2.4. Spain
  7.2.5. Italy
  7.2.6. Rest of Europe
7.3. Asia-Pacific
  7.3.1. China
  7.3.2. India
  7.3.3. Japan
  7.3.4. Australia
  7.3.5. South Korea
  7.3.6. Rest of Asia Pacific
7.4. Latin America
  7.4.1. Brazil
  7.4.2. Mexico
  7.4.3. Rest of Latin America
7.5. Middle East & Africa
  7.5.1. Saudi Arabia
  7.5.2. South Africa
  7.5.3. Rest of Middle East & Africa

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Nippon Steel Corporation
  8.1.2. ArcelorMittal
  8.1.3. POSCO
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Tata Steel
  8.3.2. thyssenkrupp AG
  8.3.3. United States Steel Corporation
  8.3.4. China Ansteel Group Corporation Limited
  8.3.5. JFE Steel Corporation
  8.3.6. LIENCHY LAMINATED METAL CO., LTD.
  8.3.7. Alliance Steel
  8.3.8. Baosteel Group Corporation
  8.3.9. AK Steel Holding Corporation
  8.3.10. Voestalpine AG

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

List Of Tables

LIST OF TABLES

TABLE 1. Global Laminated Steel Market, Report Scope
TABLE 2. Global Laminated Steel Market Estimates & Forecasts by Region, 2022-2032 (USD Million/Billion)
TABLE 3. Global Laminated Steel Market Estimates & Forecasts by Product, 2022-2032 (USD Million/Billion)
TABLE 4. Global Laminated Steel Market Estimates & Forecasts by End Use, 2022-2032 (USD Million/Billion)
TABLE 5. Global Laminated Steel Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 6. Global Laminated Steel Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 7. North America Laminated Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Europe Laminated Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Asia-Pacific Laminated Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Latin America Laminated Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Middle East & Africa Laminated Steel Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. U.S. Laminated Steel Market Estimates & Forecasts by Product, 2022-2032 (USD Million/Billion)
TABLE 13. Germany Laminated Steel Market Estimates & Forecasts by End Use, 2022-2032 (USD Million/Billion)
TABLE 14. China Laminated Steel Market Estimates & Forecasts by Product, 2022-2032 (USD Million/Billion)
TABLE 15. Global Laminated Steel Market Competitive Landscape, Company Market Share Analysis (2023)
TABLE 16. Key Market Strategies Adopted by Leading Players
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.

List Of Figures

LIST OF FIGURES

FIG 1. Global Laminated Steel Market, Research Methodology
FIG 2. Global Laminated Steel Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Laminated Steel Market, Key Trends 2023
FIG 5. Global Laminated Steel Market, Growth Prospects 2022-2032
FIG 6. Global Laminated Steel Market, Porter’s 5 Force Model
FIG 7. Global Laminated Steel Market, PESTEL Analysis
FIG 8. Global Laminated Steel Market, Value Chain Analysis
FIG 9. Global Laminated Steel Market by Product, 2022 & 2032 (USD Million/Billion)
FIG 10. Global Laminated Steel Market by End Use, 2022 & 2032 (USD Million/Billion)
FIG 11. North America Laminated Steel Market by Product, 2022 & 2032 (USD Million/Billion)
FIG 12. Europe Laminated Steel Market by End Use, 2022 & 2032 (USD Million/Billion)
FIG 13. Asia-Pacific Laminated Steel Market by Product, 2022 & 2032 (USD Million/Billion)
FIG 14. Latin America Laminated Steel Market by End Use, 2022 & 2032 (USD Million/Billion)
FIG 15. Middle East & Africa Laminated Steel Market by Product, 2022 & 2032 (USD Million/Billion)
FIG 16. Global Laminated Steel Market, Regional Snapshot 2022 & 2032
FIG 17. U.S. Laminated Steel Market Trends 2022 & 2032 (USD Million/Billion)
FIG 18. Europe Laminated Steel Market Trends 2022 & 2032 (USD Million/Billion)
FIG 19. Asia-Pacific Laminated Steel Market Trends 2022 & 2032 (USD Million/Billion)
FIG 20. Global Laminated Steel Market, Company Market Share Analysis (2023)
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.