Global Special Steel Market Growth 2019-2024

SKU ID : LPI-13870723 | Publishing Date : 19-Feb-2019 | No. of pages : 177

We can change the organizational structure of the steel by adding one or several alloy elements into carbon steel. And the steel can have a variety of special performance.
Special steel refers to steel produced using special techniques, with special characteristics and special purposes. Categorized by shape, special steel includes bar steel, plates, strip steel, tube steel and wire steel.

First, for industry structure analysis, the Special Steel industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for 17.25% of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Special Steel industry.
Second, the sales of Special Steel increased from 191857 K MT in 2012 to 202530 K MT in 2016 with an average growth rate of 1.38%.
Third, Asia-Pacific occupied 62.11% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 16.92% and 12.99% of the global total industry. Other countries have a smaller amount of sales.

According to this study, over the next five years the Special Steel market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 240300 million by 2024, from US$ 208500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Special Steel business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Special Steel market by product type, application, key manufacturers and key regions and countries.

This study considers the Special 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.
Structural Steel
Tool Steel and Die Steel
Stainless Steel
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automobile Industry
Machine Manufacturing
Petrochemicals & Energy Industry

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.
NSSMC
POSCO
JFE
Gerdau
Citic Pacific
ThyssenKrupp AG
TISCO
Aperam
Outokumpu
Dongbei Special Steel
Nanjing Steel
Voestalpine
Hyundai
AK Steel
Baosteel
DAIDO Steel
SSAB
Sandvik
HBIS
Sanyo
Ovako
Xining Special Steel
Shagang Group
Aichi Steel
Nippon Koshuha
Timken Steel

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 Special 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 Special Steel market by identifying its various subsegments.
Focuses on the key global Special 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 Special 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 Special 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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