The bulb flats are being utilized as the plate stiffeners particularly in the shipbuilding industry. The bulb flats are the most cost-efficient, effective and corrosion-resistant solution for plate stiffening demands. Foremost advantages comprise an efficient strength to weight ration providing buckling resistance at the less weight than with the flat bars or angles. In addition, the bulb flats are produced with the rounded edges, eradicating the requirement for the labor-intensive and expensive grinding procedure required to meet new international maritime organization guidelines and improving paint adherence for decreased corrosion.
The rounded edges of the bulb profile mean there is no require for edge grinding earlier to painting, saving time and money throughout the fabrication. The paint degradation and the build up of corrosive debris is also decreased, enlarging life performance
According to the report analysis, ‘Global Bulb Flat Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that POSCO, JFE Steel, HYUNDAI Steel, British Steel, Ozkan Iron and Steel, Hesteel Group, Baosteel, Shandong Steel, NSSMC, ArcelorMittal and many more are the key companies which recently operating in the global bulb flat market more effectively over the upcoming duration while increasing the benefits and applications of such, establishing the several research and development programs, implementing the policies and strategies of enlargement and profit making, spreading the awareness connected to the benefits and applications of such, analysing the strategies and policies of government as well as similar entities, improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction, decreasing the associated prices of such and employing the young and active employees.
By types, the global bulb flat market is segmented into normal strength and high strength. By applications, the global bulb flat market is classified into ship, offshore, and construction. It is predicted that the ship sub segment registers the market growth as the bulb flats are being utilized as the plate stiffeners in the shipbuilding industry especially.
Moreover, manufactures hold a broad range of ship society classification approval providing to consumers the confidence that the fabrication will be utilizing the steel components in full compliance with the relevant industry approval standards. In addition, the producers have the complete control of products from the receipt of raw iron ore at the port amenities, through our blast furnace and concast steel production, to being rolled into the final product at the mill. Each bulb bar has a unique bar identity which enables entire traceability from the steelmaking to the completed product.
Furthermore, the key companies in the global bulb flat market are effectively implementing the policies and strategies of enlargement such as joint venture, new product development, amalgamation, partnership, merger and acquisition, collaboration, and several others for ruling around the globe and obtaining the competitive edge. Therefore, in the near years, it is predicted that the market of bulb flat will increase around the globe more effectively over the near future.
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Ankur Gupta, Head Marketing & Communications