Global Tailored Blank Market Growth 2023-2029

Global Tailored Blank Market Growth 2023-2029

Tailored blanks are semi-finished parts, which are typically made from sheets with different alloys, thicknesses, coatings or material properties. After joining, these will be subjected to deep drawing or stamping. Tailored blanks were developed by ThyssenKrupp to make sheets that were wider than those made on available rolling mills of the time. These days, tailored blanks are used to make items such as door panels which are thick near the hinges and thin near the lock to withstand different types of loads or corrosion attacks. They are lighter and often cheaper than conventional sheets. Tailored Blanks are typically made from steel. Aluminium and dissimilar material tailored blanks are also available but less common.
LPI (LP Information)' newest research report, the “Tailored Blank Industry Forecast” looks at past sales and reviews total world Tailored Blank sales in 2022, providing a comprehensive analysis by region and market sector of projected Tailored Blank sales for 2023 through 2029. With Tailored Blank sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tailored Blank industry.
This Insight Report provides a comprehensive analysis of the global Tailored Blank landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tailored Blank portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tailored Blank market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tailored Blank and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tailored Blank.
The global Tailored Blank market size is projected to grow from US$ 3795.6 million in 2022 to US$ 7280.3 million in 2029; it is expected to grow at a CAGR of 7280.3 from 2023 to 2029.
Global Tailored Blank key players include Baosteel, Arcelormittal, Shiloh, etc. Global top three manufacturers hold a share over 70%.
Europe is the largest market, with a share about 55%, followed by Asia Pacific, and North America, both have a share about 35 percent.
In terms of product, Steel Tailored Blank is the largest segment, with a share over 70%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Tailored Blank market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Steel Tailored Blank
Aluminum Tailored Blank
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Baosteel
Arcelormittal
Shiloh
JFE
Ansteel Group
POSCO
TATA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Tailored Blank market?
What factors are driving Tailored Blank market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tailored Blank market opportunities vary by end market size?
How does Tailored Blank break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.