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Europe Laminated Steel Market is projected to exhibit a CAGR of 5.36

The Laminated Steel industry was 321.98 million USD in 2017 and is projected to reach 440 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 5.36

The Laminated Steel industry was 321.98 million USD in 2017 and is projected to reach 440 million USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 5.36

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QYResearch<br />

• The leading companies own the advantages on better performance, more<br />

abundant product’s types, better technical and impeccable after-sales service.<br />

Consequently, they take the majority <strong>of</strong> the market share <strong>of</strong> high-end market.<br />

Looking <strong>to</strong> the future years, the slow downward price trend in recent years<br />

will maintain. As competition intensifies, prices gap between different brands<br />

will go narrowing. Similarly, there will be fluctuation in gross margin.<br />

• The industry <strong>is</strong> expected <strong>to</strong> remain innovation-led, with frequent acqu<strong>is</strong>itions<br />

and strategic alliances adopted as the key strategies by the players <strong>to</strong><br />

increase their industry presence. <strong>Market</strong> stays in mature period with a clear<br />

concentration. Meanwhile, optimize product mix and further develop valueadded<br />

capabilities <strong>to</strong> maximize margins.<br />

www.qyresearch.com

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