Global High Strength Steel Market – Industry Trends and Forecast to 2025 market development trends and demand of High Strength Steel Market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of High Strength Steel Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2018-2025 Global High Strength Steel industry covering all important parameters.
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Global High Strength Steel Market is expected to reach USD 32.62 billion by 2025, from USD 17.24 billion in 2017, growing at a CAGR of 8.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Competitive landscape :
Global High Strength Steel Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares high strength steel market for global, Europe, North America, Asia Pacific and South America.
Key points for High Strength Steel Analysis
- To gain information about the top players in this industry, their product portfolios, and their key strategies.
- Drivers and restrains of the market
- To get a comprehensive overview of the High Strength Steel market.
- Key developments in the market
- Market volume
- Potential and niche segments/regions exhibiting promising growth
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Competitors/Players: Global High Strength Steel Market
- Voestalpine AG,
- POSCO ,
- ArcelorMittal S.A. ,
- SSAB AB ,
- NIPPON STEEL & SUMITOMO METAL CORPORATION ,
- Tata Steel ,
- SAIL ,
- United States Steel,
- Baosteel Group,
- Severstal JSC ,
- ThyssenKrupp AG ,
- JFE Steel Corporation,
- Nucor
- JSW
- Among Others
Table of Contents:
- Introduction
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- By Component
- Product Type
- Delivery
- Industry Type
- Geography
- Overview
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Major Market Drivers and Restraints:
- Increasing consumption of high strength steels in the automotive and construction
- Effective characteristics of high strength steels
- High production costs of high strength steels due to increased prices of raw materials
- Increased consumption of high strength steels in emerging economics
- Advancements in the grades of advanced high strength steels and ultra-high strength steels
Market Segmentation: Global High Strength Steel Market
The global high strength steel market is segmented based on
- type,
- end-use industry
- geographical segments.
Based on type, the global high strength steel market is segmented into
- high strength low alloy,
- dual phase,
- bake hardenable,
- carbon manganese
- others
On the basis of end-use industry, the global high strength steel market is segmented into
- automotive,
- yellow goods & mining equipment,
- construction,
- aviation & marine
- others
Based on geography, the global high strength steel market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Europe,
- Asia-Pacific
- Middle East & Africa.
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