Sintered Steel Market Share

On the basis of regional analysis, the sintered steel market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Asia Pacific industry is anticipated to hold largest revenue share by 2036, propelled by growing requirements of steel components by construction, transportation and electrical industries are met in the region. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of extensive demand for automobile components coupled with the need for building cost-efficient and sustainable infrastructure in the region. The increasing number of new housing units along with growing opportunities in infrastructure and real estate investments in the region, especially in countries such as China, India, Indonesia and Japan further are anticipated to growth of the sintered steel market in Asia Pacific region.