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High Strength Steel Market by Type (Carbon Manganese, High Strength Low Alloy, Bake Hardenable, and Dual Phase Steel) and End-Use Industry (Automotive, Construction, Aviation & Marine, Yellow Goods & Mining Equipment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 06-Mar-2019 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-1519 Status : Published

Global high strength steel market expected to reach USD 47.97 billion by 2025, at a CAGR of 8.5% between 2019 and 2025. The global high strength steel market is expected to grow considerably in the next few years, owing to the rising demand for high strength steel across various industries, such as construction and automotive.

Description

The report covers a forecast and an analysis of the high strength steel market on a global and regional level. The study provides historical information for 2016, 2017, and, 2018 with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Billion). The complete study covers the key drivers and restraints of the high strength steel market. It also provides the impact of the market within the forecast time period. Furthermore, the study also includes the opportunities accessible within the high strength steel market on a global level.

In order to offer the users of this report, a comprehensive view of the high strength steel market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the high strength steel market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, rate, and general attractiveness.

Global High Strength Steel Market

The study also includes the market share of the key participant’s operating in the high strength steel market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of the key players within the market on a regional basis.

The study provides a crucial view of the high strength steel market by segmenting it based on type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on the type, the global high strength steel includes carbon manganese, high strength low alloy, bake hardenable, and dual phase steel. Based on end-use industry, the global high strength steel market includes automotive, construction, aviation and marine, yellow goods and mining equipment, and others. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

Some key manufacturers of global high strength steel market are United States Steel Corporation, Wuhan Iron and Steel Corporation, Shandong Iron and Steel Group, Tata Steels Limited, China Steel Corporation, JFE Steel Corporation, Novolipetsk Steel, Metinvest Holding LLC, HebeiPuyong Steel Group, Baosteel Group Corporation, and JSW Steel.

This report segments the global high strength steel market into:

Global High Strength Steel Market: Type Analysis

  • Carbon Manganese
  • High Strength Low Alloy
  • Bake Hardenable
  • Dual Phase Steel

Global High Strength Steel Market: End-Use Industry Analysis

  • Automotive
  • Construction
  • Aviation and Marine
  • Yellow Goods and Mining Equipment
  • Others

Global High Strength Steel Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report Description and Scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global High Strength Steel Market, 2016-2025 (Kilotons) (USD Billion)
    • 2.2. High Strength Steel: Market Snapshot
  •  
  • Chapter 3. High Strength Steel Market: Industry Analysis
    • 3.1. High Strength Steel: Market Dynamics
      • 3.1.1. Introduction
      • 3.1.2. Classification of functional fluids market
    • 3.2. Value Chain Analysis
      • 3.2.1. High Strength Steel: Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Growing demand in automotive and construction industries
      • 3.3.2. Rapid infrastructural developments
    • 3.4. Restraints
      • 3.4.1. High production costs of high strength steels
      • 3.4.2. Low safety factor in its production
    • 3.5. Opportunity
      • 3.5.1. Increased investments and support from governments
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market Attractiveness Analysis by Type
      • 3.7.2. Market Attractiveness Analysis by End-Use Industry
      • 3.7.3. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global High Strength Steel Market: Value Chain Analysis
    • 4.1. High Strength Steel: Value Chain Analysis
    • 4.2. High Strength Steel Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. High Strength Steel Raw Material Manufacturers' List
      • 4.2.3. Price Trends of High Strength Steel Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global High Strength Steel Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global High Strength Steel Market: Company Market Share, 2018
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development and Regional Expansion
    • 5.3. Type Portfolio
  •  
  • Chapter 6. Global High Strength Steel Market: Type Overview
    • 6.1. Global High Strength Steel Market Share, by Type, 2018 and 2025
    • 6.2. Carbon Manganese
      • 6.2.1. Overview
      • 6.2.2. Global High Strength Steel Market by Carbon Manganese, 2016-2025 (Kilotons) (USD Billion)
    • 6.3. High Strength Low Alloy
      • 6.3.1. Overview
      • 6.3.2. Global High Strength Steel Market by High Strength Low Alloy, 2016-2025 (Kilotons) (USD Billion)
    • 6.4. Bake Hardenable
      • 6.4.1. Overview
      • 6.4.2. Global High Strength Steel Market by Bake Hardenable, 2016-2025 (Kilotons) (USD Billion)
    • 6.5. Dual Phase Steel
      • 6.5.1. Overview
      • 6.5.2. Global High Strength Steel Market by Dual Phase Steel, 2016-2025 (Kilotons) (USD Billion)
  •  
  • Chapter 7. Global High Strength Steel Market: End-Use Industry Overview
    • 7.1. Global High Strength Steel Market Share, by End-use Industry, 2018 and 2025
    • 7.2. Automotive
      • 7.2.1. Overview
      • 7.2.2. Global High Strength Steel Market for Automotive, 2016-2025 (Kilotons) (USD Billion)
    • 7.3. Construction
      • 7.3.1. Overview
      • 7.3.2. Global High Strength Steel Market for Construction, 2016-2025 (Kilotons) (USD Billion)
    • 7.4. Aviation & Marine
      • 7.4.1. Overview
      • 7.4.2. Global High Strength Steel Market for Aviation & Marine, 2016-2025 (Kilotons) (USD Billion)
    • 7.5. Yellow Goods & Mining Equipment
      • 7.5.1. Overview
      • 7.5.2. Global High Strength Steel Market for Yellow Goods & Mining Equipment, 2016-2025 (Kilotons) (USD Billion)
    • 7.6. Others
      • 7.6.1. Overview
      • 7.6.2. Global High Strength Steel Market for Others, 2016-2025 (Kilotons) (USD Billion)
  •  
  • Chapter 8. Global High Strength Steel Market: Regional Analysis
    • 8.1. Global High Strength Steel market: Regional overview
      • 8.1.1. Global High Strength Steel Market Share, by region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. Overview
      • 8.2.2. North America High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
      • 8.2.3. North America High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.2.4. North America High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
      • 8.2.5. North America High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.2.6. The U.S.
        • 8.2.6.1. The U.S. High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.2.6.2. The U.S. High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.2.6.3. The U.S. High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.2.6.4. The U.S. High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.2.7. Rest of North America
        • 8.2.7.1. Rest of North America High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.2.7.2. Rest of North America High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.2.7.3. Rest of North America High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.2.7.4. Rest of North America High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Overview
      • 8.3.2. Europe High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
      • 8.3.3. Europe High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.3.4. Europe High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
      • 8.3.5. Europe High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.3.6. UK
        • 8.3.6.1. UK High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.3.6.2. UK High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.6.3. UK High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.3.6.4. UK High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.3.7. France
        • 8.3.7.1. France High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.3.7.2. France High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.7.3. France High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.3.7.4. France High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.3.8. Germany
        • 8.3.8.1. Germany High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.3.8.2. Germany High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.8.3. Germany High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.3.8.4. Germany High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.3.9. Rest of Europe
        • 8.3.9.1. Rest of Europe High Strength Steel Market Volume, by Type, 2016 - 2025(Kilotons)
        • 8.3.9.2. Rest of Europe High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.3.9.3. Rest of Europe High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.3.9.4. Rest of Europe High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Overview
      • 8.4.2. Asia Pacific High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
      • 8.4.3. Asia Pacific High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.4.4. Asia Pacific High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
      • 8.4.5. Asia Pacific High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.4.6. China
        • 8.4.6.1. China High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.4.6.2. China High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.6.3. China High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.4.6.4. China High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.4.7. Japan
        • 8.4.7.1. Japan High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.4.7.2. Japan High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.7.3. Japan High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.4.7.4. Japan High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.4.8. India
        • 8.4.8.1. India High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.4.8.2. India High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.8.3. India High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.4.8.4. India High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.4.9. Rest of Asia Pacific
        • 8.4.9.1. Rest of Asia Pacific High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.4.9.2. Rest of Asia Pacific High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.4.9.3. Rest of Asia Pacific High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.4.9.4. Rest of Asia Pacific High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
      • 8.5.2. Latin America High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.5.3. Latin America High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
      • 8.5.4. Latin America High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.5.5.2. Brazil High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.5.5.3. Brazil High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.5.5.4. Brazil High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
        • 8.5.6.2. Rest of Latin America High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
        • 8.5.6.3. Rest of Latin America High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
        • 8.5.6.4. Rest of Latin America High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa High Strength Steel Market Volume, by Type, 2016-2025 (Kilotons)
      • 8.6.2. The Middle East and Africa High Strength Steel Market Revenue, by Type, 2016-2025 (USD Billion)
      • 8.6.3. The Middle East and Africa High Strength Steel Market Volume, by End-use Industry, 2016-2025 (Kilotons)
      • 8.6.4. The Middle East and Africa High Strength Steel Market Revenue, by End-use Industry, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. United States Steel Corporation
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Wuhan Iron and Steel Corporation
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Shandong Iron and Steel Group
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Tata Steels Limited
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. China Steel Corporation
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. JFE Steel Corporation
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. Novolipetsk Steel
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. Metinvest Holding LLC
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. HebeiPuyong Steel Group
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. Baosteel Group Corporation
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments
    • 9.11. JSW Steel
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product Portfolio
      • 9.11.4. Business Strategy
      • 9.11.5. Recent Developments

Methodology

Free Analysis

High strength steel is generally produced by using low-carbon compositions with phosphorous and manganese for its high strength. The steel is then cast into slabs and hot rolled. Furthermore, hot rolled coils are further processed and cold reduced into lighter gauges. High strength steel is widely used for structural applications and also called structural steel.

The global high strength steel market is expected to grow considerably in the next few years, owing to the rising demand for high strength steel across various industries, such as construction and automotive. Moreover, the rapidly growing demand for infrastructure and the flourishing manufacturing industries are projected to further propel the global high strength steel market in the future. However, the high cost for production of high strength steel may hinder the market in the years ahead. Alternatively, the increasing investments and government support are anticipated to offer lucrative opportunities in the high strength steel market in the future.

Global High Strength Steel Market

The global high strength steel market is classified based on the type and end-user industry. The type segment includes carbon manganese, high strength low alloy, bake hardenable, and dual phase steel. The high strength low alloy segment held a significant share, i.e., around 37%, of the global high strength steel market in 2018, owing to its wide application across myriad sectors, such as structural engineering due to its excellent corrosion resistance properties. The dual-phase steel segment is projected to grow rapidly in the upcoming years, owing to the growing product usage in the automotive industry. Based on end-use industry, the global high strength steel market includes automotive, construction, aviation and marine, yellow goods and mining equipment, and others. In 2018, the automotive segment dominated the global market and is anticipated to continue its dominance in the upcoming years as well.

By region, Asia Pacific contributed the largest share in the global high strength steel market in 2018 and is projected to lead in the future as well. The growing construction industry coupled with a rising population and strong economic conditions is driving factors this regional market. North America is the second largest regional market for high strength steel, followed by Europe.

Some key manufacturers of global high strength steel market are United States Steel Corporation, Wuhan Iron and Steel Corporation, Shandong Iron and Steel Group, Tata Steels Limited, China Steel Corporation, JFE Steel Corporation, Novolipetsk Steel, Metinvest Holding LLC, HebeiPuyong Steel Group, Baosteel Group Corporation, and JSW Steel.

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