Hot-Dip Galvanized Steel Market Size Worth $83.6 Billion by 2032 | CAGR: 6.1%: AMR [Yahoo! Finance]
THYSSENKRUPP AG S/ADR (TKAMY)
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Source: Yahoo! Finance
Wilmington, Delaware , March 12, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “ Hot-Dip Galvanized Steel Market by Product Type (Sheet and Coil, Tubes and Pipes, Wires, and Others) and End-use Industry (Construction, Automotive, Home Appliances, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” According to the report, the global hot-dip galvanized steel market was valued at $46.9 billion in 2022 and is estimated to reach $83.6 billion by 2032, exhibiting a CAGR of 6.1% from 2023 to 2032. Prime determinants of growth The hot-dip galvanized steel market's growth is primarily driven by increase in construction activities globally, especially in emerging economies, due to urbanization and infrastructure development. Additionally, rise in demand for durable and corrosion-resistant materials across various industries, including automotive, agriculture, and manufacturing, fuels market expansion. Technological advancements enhanci
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