Reduced public spending will continue to affect the growth of the European construction industry.
Budget deficits and government debt in several countries in Europe are at alarmingly high levels, leading to record high unemployment levels. Spain, Greece and Ireland are the most affected countries, and have damaged investor confidence throughout the EU.
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Introduction to Report
Number of Pages: 156
Geography Coverage: Europe
Available Format: PDF
Price For Single User License: USD 4,950
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Introduction
The continuing economic uncertainty in Europe
adversely affected the iron and steel market, and
directly impacted the construction and automotive
industries.
Budget deficits and government debt in several
countries in Europe are at alarmingly high levels,
leading to record high unemployment levels.
Spain, Greece and Ireland are the most affected
countries, and have damaged investor confidence
throughout the EU. As austerity measures take
effect, reduced public spending will continue to
affect the growth of the European construction
industry.
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Research Findings
The largest category in the European iron and steel
construction market was pipes and tubes with a market
share of 50.4% and a value of over US$40 billion.
Europe is the world’s second largest steel producer,
accounting for 11% of the world’s total steel output and
employing 360,000 people.
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Research Findings Continued….
In terms of growth, the reservoirs, tanks and other
containers category is estimated to record a CAGR of
5.28% over the next 5 years. This is a drastic
turnaround in comparison to the last 5 years where
the CAGR was recorded at -4.21%.
The European iron and steel market growing at an
estimated CAGR of 4.40% over the same period,
comparing this to a previous CAGR of -6.18%, we can
see that it may be a promising time for the industry.
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The Report Offers
In depth analysis and market overview of the iron and
steel market in Europe including market dynamics, key
trends and issues and key market indicators.
Market attractiveness and future prospects of the
European iron and steel construction industry.
A segmented breakdown of the competitive landscape
and industry dynamics within the European iron and
steel construction market and the sectors within it.
An insight into the industry size and growth potential.
A look into an assortment of European iron and steel
construction companies including company overviews,
services, history, employees, etc.
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Target Audience
Construction companies.
Suppliers to construction companies.
Contractor research organizations.
Trade body, academia or other industry observers.
Companies involved at any stage in the manufacturing,
procurement and marketing process.
Marketing and advertising agencies.
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Reason to Buy
1. Identify and evaluate market opportunities using our
standardized valuation and forecasting methodologies
2. Assess market growth potential at a micro-level via review
data and forecasts at category and country level
3. Understand the latest industry and market trends
4. Formulate and validate business strategies by leveraging our
critical and actionable insight
5. Assess business risks, including cost and competitive
pressures
For more details regarding Report coverage see the last slide
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