The global interstitial free steels market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for automotive and audio equipment in emerging economies such as China and India, which are witnessing rapid economic growth. In addition, the increasing demand for engine seats in developed economies such as North America and Europe is also driving the growth of this market.
The global interstitial free steels market has been segmented on the basis of type into hot rolled and cold rolled steel; on the basis of application into automotive, audio equipment, engine seat; and on regional basis into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA). The hot rolled steel segment accounted for more than 50% share in 2017 owing to its high demand from automotive industry owing to its low cost compared with other types of steel products. The cold rolled steel segment accounted for less than 10% share in 2017 due to its high cost compared with other types of steel products but it has been growing at a faster rate than hot-rolled steels owing to their higher strength properties that make them suitable for applications such as engine seats where strength is an important factor.
Some Of The Growth Factors Of This Market:
- The growth in the automotive industry is one of the major factors driving the demand for Interstitial Free Steels.
- Increasing use of Interstitial Free Steels in various industries such as aerospace, oil and gas, and power generation will drive the market growth.
- Increasing investments by governments in infrastructure development will also fuel the market growth.
- Growing awareness about environmental issues and increasing focus on sustainable development will create new opportunities for Interstitial Free Steels.
Industry Growth Insights published a new data on “Interstitial Free Steels Market”. The research report is titled “Interstitial Free Steels Market research by Types (Hot Rolled, Cold Rolled), By Applications (Automotive, Audio Equipment, Engine Seat, Other), By Players/Companies Nippon Steel & Sumitomo Metal, POSCO, ArcelorMittal, Baosteel Group, ThyssenKrupp, JFE, Nucor Corporation, United States Steel Corporation, Gerdau, Hyundai Steel, AK Steel Holding”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Interstitial Free Steels Market Research Report
By Type
Hot Rolled, Cold Rolled
By Application
Automotive, Audio Equipment, Engine Seat, Other
By Companies
Nippon Steel & Sumitomo Metal, POSCO, ArcelorMittal, Baosteel Group, ThyssenKrupp, JFE, Nucor Corporation, United States Steel Corporation, Gerdau, Hyundai Steel, AK Steel Holding
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Interstitial Free Steels Market Report Segments:
The global Interstitial Free Steels market is segmented on the basis of:
Types
Hot Rolled, Cold Rolled
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
Automotive, Audio Equipment, Engine Seat, Other
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:
- Nippon Steel & Sumitomo Metal
- POSCO
- ArcelorMittal
- Baosteel Group
- ThyssenKrupp
- JFE
- Nucor Corporation
- United States Steel Corporation
- Gerdau
- Hyundai Steel
- AK Steel Holding
Highlights of The Interstitial Free Steels 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:
- Hot Rolled
- Cold Rolled
- By Application:
- Automotive
- Audio Equipment
- Engine Seat
- Other
- 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 Interstitial Free Steels 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.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Interstitial free steels are a type of steel that does not contain any iron or alloy in the matrix. This makes it a more environmentally friendly option because less waste is created during production.
Some of the key players operating in the interstitial free steels market are Nippon Steel & Sumitomo Metal, POSCO, ArcelorMittal, Baosteel Group, ThyssenKrupp, JFE, Nucor Corporation, United States Steel Corporation, Gerdau, Hyundai Steel, AK Steel Holding.
The interstitial free steels market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interstitial Free Steels 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. Interstitial Free Steels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interstitial Free Steels Market - Supply Chain
4.5. Global Interstitial Free Steels Market Forecast
4.5.1. Interstitial Free Steels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interstitial Free Steels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interstitial Free Steels Market Absolute $ Opportunity
5. Global Interstitial Free Steels 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. Interstitial Free Steels Market Size and Volume Forecast by Type
5.3.1. Hot Rolled
5.3.2. Cold Rolled
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interstitial Free Steels 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. Interstitial Free Steels Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Audio Equipment
6.3.3. Engine Seat
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interstitial Free Steels 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. Interstitial Free Steels 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 Interstitial Free Steels 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. Interstitial Free Steels 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 Interstitial Free Steels Demand Share Forecast, 2019-2029
9. North America Interstitial Free Steels 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 Interstitial Free Steels 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 Interstitial Free Steels Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Audio Equipment
9.4.3. Engine Seat
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interstitial Free Steels Market Size and Volume Forecast by Type
9.7.1. Hot Rolled
9.7.2. Cold Rolled
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 Interstitial Free Steels Demand Share Forecast, 2019-2029
10. Latin America Interstitial Free Steels 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 Interstitial Free Steels 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 Interstitial Free Steels Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Audio Equipment
10.4.3. Engine Seat
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interstitial Free Steels Market Size and Volume Forecast by Type
10.7.1. Hot Rolled
10.7.2. Cold Rolled
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 Interstitial Free Steels Demand Share Forecast, 2019-2029
11. Europe Interstitial Free Steels 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 Interstitial Free Steels 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 Interstitial Free Steels Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Audio Equipment
11.4.3. Engine Seat
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Interstitial Free Steels Market Size and Volume Forecast by Type
11.7.1. Hot Rolled
11.7.2. Cold Rolled
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth rojections 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 Interstitial Free Steels Demand Share, 2019-2029
12. Asia Pacific Interstitial Free Steels 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 Interstitial Free Steels 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 Interstitial Free Steels Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Audio Equipment
12.4.3. Engine Seat
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interstitial Free Steels Market Size and Volume Forecast by Type
12.7.1. Hot Rolled
12.7.2. Cold Rolled
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 Interstitial Free Steels Demand Share, 2019-2029
13. Middle East & Africa Interstitial Free Steels 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 Interstitial Free Steels 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 Interstitial Free Steels Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Audio Equipment
13.4.3. Engine Seat
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interstitial Free Steels Market Size and Volume Forecast by Type
13.7.1. Hot Rolled
13.7.2. Cold Rolled
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 Interstitial Free Steels Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Interstitial Free Steels Market: Market Share Analysis
14.2. Interstitial Free Steels Distributors and Customers
14.3. Interstitial Free Steels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nippon Steel & Sumitomo Metal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. POSCO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ArcelorMittal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baosteel Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ThyssenKrupp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JFE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nucor Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. United States Steel Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gerdau
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hyundai Steel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AK Steel Holding
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
