Research Methodology – Flat Steel Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Flat Steel Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Flat Steel Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share
- Current sales of flat steel products in the market
- Capacity utilization rates of flat steel manufacturers
- Market demand for flat steel, including local and international markets
- Potential and emerging markets for flat steel
- Historical sales data
- Size of the downstream industries such as construction, automotive, machinery etc
- Consumer trends and preferences
- Pricing trends in the market
- The number of competitors and their market share
- Government policies and Tariffs on steel.
2 Key Market Indicators
- GDP growth rates of the leading flat steel consuming countries
- Industrial growth rates in the leading flat steel consuming countries
- Construction industry growth rates globally and regionally
- Automobile industry growth rates
- Global and regional manufacturing PMI (Purchasing Managers Index)
- Trends in international trade of flat steel
- Raw material price trends, such as iron ore and scrap steel prices
- Energy costs, including electricity and natural gas prices
- Changes in inventory levels at manufacturers and distributors
3 Growth Trends
- Increase in demand from the construction industry
- Growth of the automotive sector boosting flat steel demand
- Technological advancements in steel manufacturing processes
- Increase in infrastructure development projects in emerging economies
- Rising demand for lightweight materials in the automotive industry
- Increasing urbanization trends
- Sustainability trends leading to increased recycling and use of scrap steel
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Flat Steel Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Flat Steel Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
Get This ReportOur Clients:
