The market share of flat products in 2018 was estimated at 425 billion US dollars, and by 2026, the total revenue of manufacturers of sheet metal products is projected to exceed 635 billion US dollars.
Average annual growth rate of the global flat products market for the period 2019–2026. will be 5.5%
North America will drive growth in flat products consumption from the construction industry and growth in the automotive industry.
In Europe, sales of sheet steel will grow due to growing demand for residential and non-residential construction, and in the Asia-Pacific region - due to accelerated industrialization and increased investment in infrastructure.
Globally, sheet metal consumption will continue to grow amid recovery in demand from the automotive industry.
