The global high strength steel market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for high-strength steel in various industries such as automotive, hoisting and mining equipment, aviation & marine, and others. High-strength steels are used in various applications such as automotive components, aircraft structures and other engineering applications due to their excellent mechanical properties such as high strength and toughness.
High Strength Low Alloy Steels: The global high strength low alloy steels market is expected to grow at a CAGR of 4% during the forecast period from 2021 to 2030. This growth can be attributed to the increasing demand for these types of steels in various industries such as automotive components, aircraft structures and other engineering applications due their excellent mechanical properties like high strength and toughness.
Dual Phase Steels: The global dual phase steel market is expected to grow at a CAGR of 3% during the forecast period from 2021-2030 owing mainly due its use in various industries including aerospace & defense industry where it has been used extensively for manufacturing parts that require good corrosion resistance along with good weldability characteristics which makes it an ideal choice for these sectors.
- High Strength Steel is used in the construction industry for buildings, bridges, and other structures.
- High Strength Steel is used in the automotive industry for cars and trucks.
- High Strength Steel is used in the aerospace industry for airplanes and helicopters.
- The demand for high strength steel has increased due to its use in new technologies such as wind turbines, solar panels, electric vehicles, and smart phones which require a lot of metal to produce them.
Industry Growth Insights published a new data on “High Strength Steel Market”. The research report is titled “High Strength Steel Market research by Types (gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel), By Applications (tomotiveHoisting and mining equipmentAviation & MarineOther), By Players/Companies celor MittalSSABPOSCOUnited States Steel CorporationVoestalpine AGThyssenKrupp AGBaosteelAnstee”.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Strength Steel Market Research Report
By Type
gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
By Application
tomotiveHoisting and mining equipmentAviation & MarineOther
By Companies
celor MittalSSABPOSCOUnited States Steel CorporationVoestalpine AGThyssenKrupp AGBaosteelAnstee
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global High Strength Steel Market Report Segments:
The global High Strength Steel market is segmented on the basis of:
Types
gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
tomotiveHoisting and mining equipmentAviation & MarineOther
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- celor MittalSSABPOSCOUnited States Steel CorporationVoestalpine AGThyssenKrupp AGBaosteelAnstee
Highlights of The High Strength Steel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
- By Application:
- tomotiveHoisting and mining equipmentAviation & MarineOther
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Strength Steel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High strength steel is a type of steel that has a higher than average tensile strength. This means that it can withstand more force before it breaks.
Some of the major companies in the high strength steel market are celor MittalSSABPOSCOUnited States Steel CorporationVoestalpine AGThyssenKrupp AGBaosteelAnstee.
The high strength steel market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Strength Steel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Strength Steel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Strength Steel Market - Supply Chain
4.5. Global High Strength Steel Market Forecast
4.5.1. High Strength Steel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Strength Steel Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Strength Steel Market Absolute $ Opportunity
5. Global High Strength Steel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Strength Steel Market Size and Volume Forecast by Type
5.3.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Strength Steel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Strength Steel Market Size and Volume Forecast by Application
6.3.1. tomotiveHoisting and mining equipmentAviation & MarineOther
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Strength Steel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Strength Steel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Strength Steel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Strength Steel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Strength Steel Demand Share Forecast, 2019-2026
9. North America High Strength Steel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Strength Steel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Strength Steel Market Size and Volume Forecast by Application
9.4.1. tomotiveHoisting and mining equipmentAviation & MarineOther
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Strength Steel Market Size and Volume Forecast by Type
9.7.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Strength Steel Demand Share Forecast, 2019-2026
10. Latin America High Strength Steel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Strength Steel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Strength Steel Market Size and Volume Forecast by Application
10.4.1. tomotiveHoisting and mining equipmentAviation & MarineOther
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Strength Steel Market Size and Volume Forecast by Type
10.7.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Strength Steel Demand Share Forecast, 2019-2026
11. Europe High Strength Steel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Strength Steel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Strength Steel Market Size and Volume Forecast by Application
11.4.1. tomotiveHoisting and mining equipmentAviation & MarineOther
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Strength Steel Market Size and Volume Forecast by Type
11.7.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Strength Steel Demand Share, 2019-2026
12. Asia Pacific High Strength Steel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Strength Steel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Strength Steel Market Size and Volume Forecast by Application
12.4.1. tomotiveHoisting and mining equipmentAviation & MarineOther
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Strength Steel Market Size and Volume Forecast by Type
12.7.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Strength Steel Demand Share, 2019-2026
13. Middle East & Africa High Strength Steel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Strength Steel Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Strength Steel Market Size and Volume Forecast by Application
13.4.1. tomotiveHoisting and mining equipmentAviation & MarineOther
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Strength Steel Market Size and Volume Forecast by Type
13.7.1. gh Strength Low Alloy SteelsDual Phase SteelsBake Hardenable SteelsCarbon Manganese Steel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Strength Steel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Strength Steel Market: Market Share Analysis
14.2. High Strength Steel Distributors and Customers
14.3. High Strength Steel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. celor MittalSSABPOSCOUnited States Steel CorporationVoestalpine AGThyssenKrupp AGBaosteelAnstee
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COMPANY2
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
