Global High Strength Steel Market Size, Manufacturers, Opportunities and Forecast to 2030

Global High Strength Steel Market Size, Manufacturers, Opportunities and Forecast to 2030


High Strength Steel is a type of alloy steel that provides better mechanical properties or greater resistance to corrosion than carbon steel. High Strength Steel includes conventional High-Strength Steels and advanced High-Strength Steels (AHSS). The conventional high-strength steels include High Strength Low Alloy Steels, Bake Hardenable Steels, Carbon Manganese Steels, and others. Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes.

According to APO Research, The global High Strength Steel market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global High Strength Steel key players include Arcelor Mittal, Baowu, POSCO, Nippon Steel, SSAB, etc. Global top five manufacturers hold a share about 58%. Asia-Pacific is the largest market, with a share about 45%, followed by America and Japan, both have a share about 30% percent. In terms of product, AHSS is the largest segment, with a share over 60%. And in terms of Application, the largest level is Automotive, followed by Hoisting and mining equipment, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for High Strength Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Strength Steel.

The High Strength Steel market size, estimations, and forecasts are provided in terms of sales volume (K Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global High Strength Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Arcelor Mittal
Baowu
POSCO
Nippon Steel
SSAB
Ansteel
United States Steel
Voestalpine
ThyssenKrupp
JFE

High Strength Steel segment by Type

Conventional HSS
AHSS

High Strength Steel segment Application

Automotive
Hoisting and mining equipment
Aviation and Marine
Others

High Strength Steel Segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global High Strength Steel market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of High Strength Steel and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of High Strength Steel.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of High Strength Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of High Strength Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global High Strength Steel Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global High Strength Steel Sales Estimates and Forecasts (2019-2030)
1.3 High Strength Steel Market by Type
1.3.1 Conventional HSS
1.3.2 AHSS
1.4 Global High Strength Steel Market Size by Type
1.4.1 Global High Strength Steel Market Size Overview by Type (2019-2030)
1.4.2 Global High Strength Steel Historic Market Size Review by Type (2019-2024)
1.4.3 Global High Strength Steel Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America High Strength Steel Sales Breakdown by Type (2019-2024)
1.5.2 Europe High Strength Steel Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific High Strength Steel Sales Breakdown by Type (2019-2024)
1.5.4 Latin America High Strength Steel Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa High Strength Steel Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 High Strength Steel Industry Trends
2.2 High Strength Steel Industry Drivers
2.3 High Strength Steel Industry Opportunities and Challenges
2.4 High Strength Steel Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by High Strength Steel Revenue (2019-2024)
3.2 Global Top Players by High Strength Steel Sales (2019-2024)
3.3 Global Top Players by High Strength Steel Price (2019-2024)
3.4 Global High Strength Steel Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global High Strength Steel Key Company Manufacturing Sites & Headquarters
3.6 Global High Strength Steel Company, Product Type & Application
3.7 Global High Strength Steel Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global High Strength Steel Market CR5 and HHI
3.8.2 Global Top 5 and
10 High Strength Steel Players Market Share by Revenue in 2023
3.8.3 20
23 High Strength Steel Tier 1, Tier 2, and Tier 3
4 High Strength Steel Regional Status and Outlook
4.1 Global High Strength Steel Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global High Strength Steel Historic Market Size by Region
4.2.1 Global High Strength Steel Sales in Volume by Region (2019-2024)
4.2.2 Global High Strength Steel Sales in Value by Region (2019-2024)
4.2.3 Global High Strength Steel Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global High Strength Steel Forecasted Market Size by Region
4.3.1 Global High Strength Steel Sales in Volume by Region (2025-2030)
4.3.2 Global High Strength Steel Sales in Value by Region (2025-2030)
4.3.3 Global High Strength Steel Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 High Strength Steel by Application
5.1 High Strength Steel Market Application
5.1.1 Automotive
5.1.2 Hoisting and mining equipment
5.1.3 Aviation and Marine
5.1.4 Others
5.2 Global High Strength Steel Market Size Application
5.2.1 Global High Strength Steel Market Size Overview by Application (2019-2030)
5.2.2 Global High Strength Steel Historic Market Size Review by Application (2019-2024)
5.2.3 Global High Strength Steel Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size Application
5.3.1 North America High Strength Steel Sales Breakdown Application (2019-2024)
5.3.2 Europe High Strength Steel Sales Breakdown Application (2019-2024)
5.3.3 Asia-Pacific High Strength Steel Sales Breakdown Application (2019-2024)
5.3.4 Latin America High Strength Steel Sales Breakdown Application (2019-2024)
5.3.5 Middle East and Africa High Strength Steel Sales Breakdown Application (2019-2024)
6 Company Profiles
6.1 Arcelor Mittal
6.1.1 Arcelor Mittal Comapny Information
6.1.2 Arcelor Mittal Business Overview
6.1.3 Arcelor Mittal High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Arcelor Mittal High Strength Steel Product Portfolio
6.1.5 Arcelor Mittal Recent Developments
6.2 Baowu
6.2.1 Baowu Comapny Information
6.2.2 Baowu Business Overview
6.2.3 Baowu High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Baowu High Strength Steel Product Portfolio
6.2.5 Baowu Recent Developments
6.3 POSCO
6.3.1 POSCO Comapny Information
6.3.2 POSCO Business Overview
6.3.3 POSCO High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.3.4 POSCO High Strength Steel Product Portfolio
6.3.5 POSCO Recent Developments
6.4 Nippon Steel
6.4.1 Nippon Steel Comapny Information
6.4.2 Nippon Steel Business Overview
6.4.3 Nippon Steel High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Nippon Steel High Strength Steel Product Portfolio
6.4.5 Nippon Steel Recent Developments
6.5 SSAB
6.5.1 SSAB Comapny Information
6.5.2 SSAB Business Overview
6.5.3 SSAB High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.5.4 SSAB High Strength Steel Product Portfolio
6.5.5 SSAB Recent Developments
6.6 Ansteel
6.6.1 Ansteel Comapny Information
6.6.2 Ansteel Business Overview
6.6.3 Ansteel High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Ansteel High Strength Steel Product Portfolio
6.6.5 Ansteel Recent Developments
6.7 United States Steel
6.7.1 United States Steel Comapny Information
6.7.2 United States Steel Business Overview
6.7.3 United States Steel High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.7.4 United States Steel High Strength Steel Product Portfolio
6.7.5 United States Steel Recent Developments
6.8 Voestalpine
6.8.1 Voestalpine Comapny Information
6.8.2 Voestalpine Business Overview
6.8.3 Voestalpine High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Voestalpine High Strength Steel Product Portfolio
6.8.5 Voestalpine Recent Developments
6.9 ThyssenKrupp
6.9.1 ThyssenKrupp Comapny Information
6.9.2 ThyssenKrupp Business Overview
6.9.3 ThyssenKrupp High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.9.4 ThyssenKrupp High Strength Steel Product Portfolio
6.9.5 ThyssenKrupp Recent Developments
6.
10 JFE
6.10.1 JFE Comapny Information
6.10.2 JFE Business Overview
6.10.3 JFE High Strength Steel Sales, Revenue and Gross Margin (2019-2024)
6.10.4 JFE High Strength Steel Product Portfolio
6.10.5 JFE Recent Developments
7 North America by Country
7.1 North America High Strength Steel Sales by Country
7.1.1 North America High Strength Steel Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America High Strength Steel Sales by Country (2019-2024)
7.1.3 North America High Strength Steel Sales Forecast by Country (2025-2030)
7.2 North America High Strength Steel Market Size by Country
7.2.1 North America High Strength Steel Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America High Strength Steel Market Size by Country (2019-2024)
7.2.3 North America High Strength Steel Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe High Strength Steel Sales by Country
8.1.1 Europe High Strength Steel Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe High Strength Steel Sales by Country (2019-2024)
8.1.3 Europe High Strength Steel Sales Forecast by Country (2025-2030)
8.2 Europe High Strength Steel Market Size by Country
8.2.1 Europe High Strength Steel Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe High Strength Steel Market Size by Country (2019-2024)
8.2.3 Europe High Strength Steel Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific High Strength Steel Sales by Country
9.1.1 Asia-Pacific High Strength Steel Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific High Strength Steel Sales by Country (2019-2024)
9.1.3 Asia-Pacific High Strength Steel Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific High Strength Steel Market Size by Country
9.2.1 Asia-Pacific High Strength Steel Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific High Strength Steel Market Size by Country (2019-2024)
9.2.3 Asia-Pacific High Strength Steel Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America High Strength Steel Sales by Country
10.1.1 Latin America High Strength Steel Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America High Strength Steel Sales by Country (2019-2024)
10.1.3 Latin America High Strength Steel Sales Forecast by Country (2025-2030)
10.2 Latin America High Strength Steel Market Size by Country
10.2.1 Latin America High Strength Steel Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America High Strength Steel Market Size by Country (2019-2024)
10.2.3 Latin America High Strength Steel Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa High Strength Steel Sales by Country
11.1.1 Middle East and Africa High Strength Steel Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa High Strength Steel Sales by Country (2019-2024)
11.1.3 Middle East and Africa High Strength Steel Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa High Strength Steel Market Size by Country
11.2.1 Middle East and Africa High Strength Steel Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa High Strength Steel Market Size by Country (2019-2024)
11.2.3 Middle East and Africa High Strength Steel Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 High Strength Steel Value Chain Analysis
12.1.1 High Strength Steel Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 High Strength Steel Production Mode & Process
12.2 High Strength Steel Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 High Strength Steel Distributors
12.2.3 High Strength Steel Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings