Global High Strength Steel Market Insights and Forecast to 2027

SKU ID : QYR- 17926565

Publishing Date : 06-Apr-2021

No. of pages : 117

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  • 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.

    Market Analysis and Insights: Global High Strength Steel Market
    The global High Strength Steel market is valued at US$ 800.6 million in 2019. The market size will reach US$ 1258.5 million by the end of 2026, growing at a CAGR of 6.6% during 2021-2026.

    Global High Strength Steel Scope and Segment
    High Strength Steel market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global High Strength 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
    Conventional HSS
    AHSS

    Segment by Application
    Automotive
    Hoisting and Mining Equipment
    Aviation & Marine
    Others

    By Company
    Arcelor Mittal
    National Material LP
    POSCO
    United States Steel Corporation
    Olympic Steel
    SSAB
    Voestalpine AG
    ThyssenKrupp AG
    Leeco Steel
    Baowu

    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.
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