United States Carbon Steel Market was valued at USD 30 Billion in 2022 and is projected to reach USD 45 Billion by 2030, growing at a CAGR of 5.9% from 2024 to 2030.
The US Carbon Steel Market is an essential part of the nation's industrial landscape, catering to various sectors that rely on its strength, durability, and versatility. With a growing demand for construction, automotive, and manufacturing sectors, carbon steel has proven to be the backbone of these industries. The need for carbon steel continues to rise due to its economic advantages and its unique properties, making it a preferred choice for a wide range of applications.
Carbon steel is primarily categorized into three types: low-carbon steel, medium-carbon steel, and high-carbon steel. Each type offers distinct characteristics that suit different industrial applications. Low-carbon steel is often used in automotive parts, pipelines, and machinery, while medium-carbon steel is more common in the production of high-strength structural components and tools. High-carbon steel, on the other hand, finds its place in products that require hardness and wear resistance, such as cutting tools and springs.
Industries such as construction, automotive, machinery, and energy sectors are major consumers of carbon steel. The construction industry, for instance, uses carbon steel extensively for structural components like beams, columns, and reinforcement bars. Similarly, the automotive industry relies heavily on carbon steel for the manufacturing of car bodies, frames, and other vital parts. In machinery manufacturing, carbon steel is used for its ability to withstand heavy-duty operations, ensuring longevity and safety in machines.
In addition, the energy sector, including oil and gas, also demands a large quantity of carbon steel for drilling, pipeline systems, and pressure vessels due to its corrosion resistance and high strength. As the need for infrastructure expansion and technological advancements in these industries grows, so does the demand for carbon steel, making it an indispensable material in modern manufacturing.
The rising demand for carbon steel in the US is driven by advancements in manufacturing techniques, as well as the need for sustainable, cost-effective materials that can handle the demands of various industries. As manufacturers continue to innovate and find new uses for carbon steel, its market is expected to grow, providing more opportunities for the industries that rely on it.
Get an In-Depth Research Analysis of the US Carbon Steel Market Size And Forecast [2025-2032]
Curtis Steel Co.
Afarak Group
Omega Steel Company
ArcelorMittal SA
Bushwick Metals LLC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the US Carbon Steel Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Carbon Steel Market
Aerospace
Construction
Automotive
Manufacturing
Energy and Power Generation
Carbon Steel Plates
Carbon Steel Bars
Carbon Steel Wire
Carbon Steel Tubes and Pipes
Carbon Steel Fittings and Flanges
Low Carbon Steel (Mild Steel)
Medium Carbon Steel
High Carbon Steel
Alloy Steel
Ultra High Strength Steel
Building and Construction
Transportation
Consumer Goods
Shipbuilding
Heavy Machinery
Direct Sales
Distributors and Suppliers
Online Sales Platforms
Retail Stores
Wholesalers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Carbon Steel Market Research Analysis
1. Introduction of the US Carbon Steel Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Carbon Steel Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Carbon Steel Market, By Type
6. US Carbon Steel Market, By Application
7. US Carbon Steel Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Carbon Steel Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading US Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/