DUBLIN--(BUSINESS WIRE)--The "High Strength Steel Market by Type (High Strength Low Alloy, Dual Phase, Bake Hardenable, Carbon Manganese), End-Use Industry (Automotive, Yellow Goods & Mining Equipment, Construction, Aviation & Marine), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The high strength steel market is projected to grow from USD 18.67 Billion in 2018 to USD 27.92 Billion by 2023, at a CAGR of 8.4% between 2018 and 2023.
Increasing demand for high strength steels from various end-use industries such as automotive, construction, yellow goods & mining equipment, and aviation & marine, among others, is driving the growth of the high strength steel market across the globe.
Among types, the high strength low alloy segment of the high strength steel market is projected to grow at the highest CAGR during the forecast period. High strength low alloy steels are widely used in the automotive industry. The growing automotive industry across the globe due to continuously increasing population is expected to drive the growth of the high strength low alloy type segment of the high strength steel market during the forecast period.
Among end-use industries, the automotive segment is expected to lead the high strength steel market in 2018. Automotive manufacturers across the globe are resorting to high strength steels for manufacturing their vehicles. This, in turn, is expected to lead to the growth of the automotive end-use industry segment of the high strength steel market during the forecast period.
Key Topics Covered
2 Research Methodology
3 Premium Insights
4 Executive Summary
5 Market Overview
6 High Strength Steel Market, By Type
7 High Strength Steel Market, By End-Use Industry
8 Regional Analysis
9 Competitive Landscape
10 Company Profiles
- Angang Steel Company Limited
- Arcelormittal S.A.
- Baosteel Group Corporation
- China Steel Corporation
- Gerdau S.A.
- Hebei Puyong Iron and Steel Group Co. Ltd.
- Hyundai Steel Company
- JSW Steel
- JFE Steel Corporation
- Jiangsu Shagang International Trade Co. Ltd.
- Metinvest Holding LLC
- Nippon Steel & Sumitomo Metal Corporation
- Novolipetsk Steel (NIMK)
- Nucor Corporation
- PAO Severstal
- Posco Group
- SSAB AB
- Shandong Iron and Steel Group
- Steel Authority of India Limited
- Tata Steel
- Thyssenkrupp AG
- United States Steel Corporation
- Voestalpine AG
- Wuhan Iron and Steel Corporation
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