Friday 5 October 2018

Ship Plate Market Size, Share and Scope to 2025 | Industry Trends Report


5th October 2018:  Global Ship Plate Market is expected to grow at a significant CAGR in the estimated period. Steel is particularly used as a raw material for shipbuilding purpose. This improves the cruising range of ship and reduces the building cost of ship which proportionally raises tensile strength of the steel used in ship building purpose. The ship plates are processed drastically under thermo-mechanical control process that enhances the weldability and workability. Hence, thermo-mechanical control has a wider significance for major standards related to ship building protocols. Therefore, ship designers need to exhibit accuracy in assembly and fittings and geometry of ship plates.



Commercial driving factors responsible for the growth of ship plate market includes rise in marine activities and novel techniques for ship building. However, production costs and enormous budgets might hinder the market growth. Based on segmentation by product, the ship plate market includes high strength ship plate and general strength ship plate. Based on segmentation by end-users, the ship plate market includes oil tankers, container ships and bulk carriers. Container ships and bulk carriers dominate the market segment owing to rise in commercial sea business and marine activities.

Geographically, the ship plate market spans North America, Latin America, Europe, Middle-East, Asia-Pacific and Africa. APAC market dominates the global market owing to rise in marine activities and presence of natural harbors for ship building and manufacture activities. China, Japan, Taiwan, Korea and India lead the APAC market owing to presence of large manufacturing units. North America and Europe dominate the global market due to rise in marine industry and demand for well-equipped ships for commercial as well as defense purpose. The key players in the ship plate market include POSCO, JFE Steel, NSSMC, Baosteel, Valin Xiangtan Steel, Nanjing Steel, Ansteel, SD Steel, Xinyu Steel, Hyundai, ArcelorMittal and Shougang Group.


The regional scope of the study is as follows:
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Rest of Asia-Pacific
• Rest of Middle East & Africa
• Rest of South America


On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• General Strength Ship Plate
• High Strength Ship Plate

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Oil Tankers
• Bulk Carriers
• Container Ships
• Other Ships

The key points of this report are:
• To analyze and study the global Ship Plate capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
• Focuses on the key Ship Plate manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

Key Stakeholders
• Ship Plate Manufacturers
• Ship Plate Distributors/Traders/Wholesalers
• Ship Plate Subcomponent Manufacturers
• Industry Association
• Downstream Vendors




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