Alloy steels are made by combining carbon steel with one or several alloying elements, such as manganese, silicon, nickel, titanium, copper, chromium and aluminum. These metals are added to produce specific properties that are not found in regular carbon steel. The elements are added in varying proportions (or combinations) making the material take on different aspects such as increased hardness, increased corrosion resistance, increased strength, improved formability (ductility); the weld ability can also change.
The technical barriers of Alloy Steel are low, and the Alloy Steel market concentration degree is relatively lower.
Market Analysis and Insights: Global Alloy Steel Market
The global Alloy Steel market is valued at US$ 136620 million in 2019. The market size will reach US$ 151810 million by the end of 2026, growing at a CAGR of 1.5% during 2021-2026.
Global Alloy Steel Scope and Segment
Alloy Steel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Alloy Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Flat Products
Long/Tubular Products
Segment by Application
Automotive
Machinery
Oil and Gas
Others
By Company
ArcelorMittal
Tsingshan
Baowu Group
Shanxi TISCO
NSSMC
POSCO
Acerinox
Outokumpu
JFE Steel
Hesteel Group
Nucor Corporation
Hyundai Steel
Tata Steel
Ansteel Group
Shagang Group
ThyssenKrupp
JSW Steel Ltd
USSteel
Valin Steel Group
Maanshan Steel
NLMK Group
Evraz
Gerdau
Shougang
SAIL
Benxi Steel Group
Shandong Steel
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The technical barriers of Alloy Steel are low, and the Alloy Steel market concentration degree is relatively lower.
Market Analysis and Insights: Global Alloy Steel Market
The global Alloy Steel market is valued at US$ 136620 million in 2019. The market size will reach US$ 151810 million by the end of 2026, growing at a CAGR of 1.5% during 2021-2026.
Global Alloy Steel Scope and Segment
Alloy Steel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Alloy Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Flat Products
Long/Tubular Products
Segment by Application
Automotive
Machinery
Oil and Gas
Others
By Company
ArcelorMittal
Tsingshan
Baowu Group
Shanxi TISCO
NSSMC
POSCO
Acerinox
Outokumpu
JFE Steel
Hesteel Group
Nucor Corporation
Hyundai Steel
Tata Steel
Ansteel Group
Shagang Group
ThyssenKrupp
JSW Steel Ltd
USSteel
Valin Steel Group
Maanshan Steel
NLMK Group
Evraz
Gerdau
Shougang
SAIL
Benxi Steel Group
Shandong Steel
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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.