Global High Strength Steel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global High Strength Steel Market 2024 by Manufacturers, Regions, Type and Application, 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 our (Global Info Research) latest study, the global High Strength Steel market size was valued at US$ 35220 million in 2023 and is forecast to a readjusted size of USD 45320 million by 2030 with a CAGR of 3.7% during review period.

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.

This report is a detailed and comprehensive analysis for global High Strength Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global High Strength Steel market size and forecasts, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (US$/Ton), 2019-2030

Global High Strength Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (US$/Ton), 2019-2030

Global High Strength Steel market size and forecasts, by Type and Application, in consumption value ($ Million), sales quantity (K Ton), and average selling prices (US$/Ton), 2019-2030

Global High Strength Steel market shares of main players, shipments in revenue ($ Million), sales quantity (K Ton), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for High Strength Steel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global High Strength Steel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arcelor Mittal, Baowu, POSCO, Nippon Steel, SSAB, Ansteel, United States Steel, Voestalpine, ThyssenKrupp, JFE, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

High Strength Steel market is split by Type and Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Conventional HSS
AHSS

Market segment Application
Automotive
Hoisting and mining equipment
Aviation and Marine
Others

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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe High Strength Steel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of High Strength Steel, with price, sales quantity, revenue, and global market share of High Strength Steel from 2019 to 2024.

Chapter 3, the High Strength Steel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the High Strength Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and Application, with sales market share and growth rate by Type, Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and High Strength Steel market forecast, by regions, by Type, and Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of High Strength Steel.

Chapter 14 and 15, to describe High Strength Steel sales channel, distributors, customers, research findings and conclusion.