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Global High Strength Steel Market Growth 2019-2024
SKU ID : LPI-13803838 | Publishing Date : 31-Jan-2019 | No. of pages : 138
High Strength Steel includes conventional High-Strength Steels and advanced High-Strength Steels (AHSS).
The conventional High-Strength Steels include High Strength Low Alloy Steels, Bake Hardenable Steels, Carbon Manganese Steels, and others.
Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes.
Asia-Pacific is the largest and fastest-growing region in the global high strength steels market. Rapid industrialization and infrastructure development offer lucrative growth opportunities to players operating in the high strength steels market. The increasing middle class population, which has led to urbanization and rise in the manufacturing sector, drives the demand of high strength steels in this region. The Asia-Pacific high strength steels market is expected to grow at the highest CAGR between 2016 and 2021. Economic growth in countries such as China, India, and Japan are further propelling the growth of the high strength steels market in the Asia-Pacific region.
Some of the key players operating in the global high strength steel market include Arcelor Mittal (Luxembourg), SSAB, POSCO, United States Steel Corporation (U.S.), Voestalpine AG, ThyssenKrupp AG, Baosteel, Ansteel, among others.
According to this study, over the next five years the High Strength Steel market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High Strength Steel business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High Strength Steel market by product type, application, key manufacturers and key regions and countries.
This study considers the High Strength Steel value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Strength Low Alloy Steels
Dual Phase Steels
Bake Hardenable Steels
Carbon Manganese Steels
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Hoisting and mining equipment
Aviation & Marine
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine AG
ThyssenKrupp AG
Baosteel
Ansteel
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High Strength Steel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High Strength Steel market by identifying its various subsegments.
Focuses on the key global High Strength Steel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High Strength Steel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High Strength Steel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The conventional High-Strength Steels include High Strength Low Alloy Steels, Bake Hardenable Steels, Carbon Manganese Steels, and others.
Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes.
Asia-Pacific is the largest and fastest-growing region in the global high strength steels market. Rapid industrialization and infrastructure development offer lucrative growth opportunities to players operating in the high strength steels market. The increasing middle class population, which has led to urbanization and rise in the manufacturing sector, drives the demand of high strength steels in this region. The Asia-Pacific high strength steels market is expected to grow at the highest CAGR between 2016 and 2021. Economic growth in countries such as China, India, and Japan are further propelling the growth of the high strength steels market in the Asia-Pacific region.
Some of the key players operating in the global high strength steel market include Arcelor Mittal (Luxembourg), SSAB, POSCO, United States Steel Corporation (U.S.), Voestalpine AG, ThyssenKrupp AG, Baosteel, Ansteel, among others.
According to this study, over the next five years the High Strength Steel market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High Strength Steel business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High Strength Steel market by product type, application, key manufacturers and key regions and countries.
This study considers the High Strength Steel value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Strength Low Alloy Steels
Dual Phase Steels
Bake Hardenable Steels
Carbon Manganese Steels
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Hoisting and mining equipment
Aviation & Marine
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine AG
ThyssenKrupp AG
Baosteel
Ansteel
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High Strength Steel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High Strength Steel market by identifying its various subsegments.
Focuses on the key global High Strength Steel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High Strength Steel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High Strength Steel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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