Ship Plate Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The ship plate market size was estimated to be over $33 billion in 2018, and the industry will grow at a CAGR of more than 3% by 2027.

The main factor driving the growth of the global marine plate market is the availability of raw materials. Steel, which is used as a raw material for manufacturing plate for ships, is widely applied in major end-use industries such as shipbuilding, automobiles, and construction, and thus demand continues to increase in both developed and developing countries. China is leading global steel production. Five of the steel producers were ranked as one of the top ten steel manufacturers in the world. Apart from that, India has seen a significant increase in steel production, allowing it to replace Japan, the world’s second-largest steel producer. Growing demand in the end-use industry, combined with favorable government norms, will drive steel production, which in turn will drive market growth.

Ship Plate Market Segmentations

By Product

• General Strength Ship Plate
• High Strength Ship Plate

By End User:

• Tankers
• Bulk Carriers
• Container Ships
• Chemical Ships

Company profiles

• POSCO
• Nanjing Steel
• Chongqing Steel
• Hyundai
• Valin Xiangtan Steel
• NSSMC
• Ansteel
• Baosteel
• ArcelorMittal
• Dongkuk
• JFE Steel

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Ship Plate Market Report

• What was the Ship Plate Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Ship Plate Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Ship Plate Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.