High Strength Alloy Steel Market By Manufacturers, By Product Type (Weathering Steels, As-Rolled Pearlitic Steels, Dual-Phase Steels, Inclusion-Shape-Controlled Steels), By Application (Oil and Gas Pipeline, Automotive, Construction, Power Transmission Tower, Others), and By Regions (North America, Europe, Middle East and Africa, Latin America and Asia Pacific) - Global Outlook to 2026
Report ID: 391305 | Jan 2020 | No. of Pages: 120
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Covid-19 Impact Analysis & Forecast
Global High Strength Alloy Steel Market is valued USD 31.12 Billion in 2019 and is projected is to exhibit 8.1% CAGR during the forecast period. The market is projected to be around USD 53.68 Billion by 2026. The growth of the global High Strength Alloy Steel market can be attributed to increasing importance of building team spirit through traditional table top games and increasing popularity of High Strength Alloy Steel and board games.
High-strength low-alloy steel are not considered to be alloy steels in the normal sense because they are designed to meet specific mechanical properties rather than a chemical composition. HSLA steels change from other steels in that they are not made to meet a specific chemical composition but rather specific mechanical properties.
High Strength Alloy Steel Market Dynamics
Growing the consumption of high strength steels in the automotive and construction industries to improve the fuel efficiency of automobiles and ensure high strength and improved safety features of buildings is propelling the growth of the high strength steel market across the globe.
Increasing iron ore prices across the globe are strongly affecting the prices of steel. Prices of iron ore increased by 20% to 22% in the 4th quarter of 2017, thereby leading to increased production costs of steel. The cost of manufacturing high strength steels is higher as compared to other steels made from conventional materials. This is a major restraint for the manufacturers of high strength steel. Furthermore, Increasing investments by governments of various countries offer flexibility and support to the manufacturers of high strength steels across the globe.
High Strength Alloy Steel Market Insight
The Asia Pacific region is expected to have the largest market share during the forecast period. The growth of the Asia Pacific high strength steel market can be attributed to the economic growth of emerging economies such as China, India, and Taiwan, among others. Growing production of the manufacturing sector of the Asia Pacific region to cater to the domestic requirements for superior quality products and increasing exports from the region are factors leading to an increased demand for high strength steels from the region.
High Strength Alloy Steel Market Segmentation
The global High Strength Alloy Steel market is segmented into product type, application, and region. On the basis of the product type the market is further bifurcated into less than weathering steels, as-rolled pearlitic steels, dual-phase steels, and inclusion-shape-controlled steels. The market based on application is segmented into oil and gas pipeline, automotive, construction, power transmission tower, others. Based on the region the market is further segregated into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
High Strength Alloy Steel Market Competitive Landscape
The key players in High Strength Alloy Steel Market are listed as Arcelor Mittal, Ansteel, Baosteel, All Metals and, Forge Group, Clingan Steel, Owen Industries, Nippon Steel and Sumitomo Metal, POSCO, AK Steel Holding, Leeco Steel, Nucor Corporation, Hebei Iron and Steel, Jiangsu Shagang, Wuhan Steel Group
High-strength low-alloy steel are not considered to be alloy steels in the normal sense because they are designed to meet specific mechanical properties rather than a chemical composition. HSLA steels change from other steels in that they are not made to meet a specific chemical composition but rather specific mechanical properties.
High Strength Alloy Steel Market Dynamics
Growing the consumption of high strength steels in the automotive and construction industries to improve the fuel efficiency of automobiles and ensure high strength and improved safety features of buildings is propelling the growth of the high strength steel market across the globe.
Increasing iron ore prices across the globe are strongly affecting the prices of steel. Prices of iron ore increased by 20% to 22% in the 4th quarter of 2017, thereby leading to increased production costs of steel. The cost of manufacturing high strength steels is higher as compared to other steels made from conventional materials. This is a major restraint for the manufacturers of high strength steel. Furthermore, Increasing investments by governments of various countries offer flexibility and support to the manufacturers of high strength steels across the globe.
High Strength Alloy Steel Market Insight
The Asia Pacific region is expected to have the largest market share during the forecast period. The growth of the Asia Pacific high strength steel market can be attributed to the economic growth of emerging economies such as China, India, and Taiwan, among others. Growing production of the manufacturing sector of the Asia Pacific region to cater to the domestic requirements for superior quality products and increasing exports from the region are factors leading to an increased demand for high strength steels from the region.
High Strength Alloy Steel Market Segmentation
The global High Strength Alloy Steel market is segmented into product type, application, and region. On the basis of the product type the market is further bifurcated into less than weathering steels, as-rolled pearlitic steels, dual-phase steels, and inclusion-shape-controlled steels. The market based on application is segmented into oil and gas pipeline, automotive, construction, power transmission tower, others. Based on the region the market is further segregated into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
High Strength Alloy Steel Market Competitive Landscape
The key players in High Strength Alloy Steel Market are listed as Arcelor Mittal, Ansteel, Baosteel, All Metals and, Forge Group, Clingan Steel, Owen Industries, Nippon Steel and Sumitomo Metal, POSCO, AK Steel Holding, Leeco Steel, Nucor Corporation, Hebei Iron and Steel, Jiangsu Shagang, Wuhan Steel Group
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. DefinitionChapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & LimitationsChapter 3. Executive SummaryChapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain AnalysisChapter 5. High Strength Alloy Steel Market, By Product Type
5.1. High Strength Alloy Steel Market, By Product Type, 2018-2026
5.2. Weathering Steels
5.3. As-Rolled Pearlitic Steels
5.4. Dual-Phase Steels
5.5. Inclusion-Shape-Controlled SteelsChapter 6. High Strength Alloy Steel Market, By Application
6.1. High Strength Alloy Steel Market, by Application, 2018-2026
6.2. Oil and Gas Pipeline
6.3. Automotive
6.4. Construction
6.5. Power Transmission Tower
6.6. OthersChapter 7. High Strength Alloy Steel Market, By Region
7.1. High Strength Alloy Steel Market, by Region, 2018-2026
7.1.1. North America
7.1.1.1. U.S
7.1.1.2. Rest of North America
7.1.2. Europe
7.1.2.1. U.K.
7.1.2.2. Germany
7.1.2.3. France
7.1.2.4. Rest of the Europe
7.1.3. Middle East & Africa (MEA)
7.1.3.1. GCC
7.1.3.2. North Africa
7.1.3.3. South Africa
7.1.3.4. Rest of MEA
7.1.4. Latin America (LATAM)
7.1.4.1. Brazil
7.1.4.2. Rest of LATAM
7.1.5. Asia Pacific (APAC)
7.1.5.1. India
7.1.5.2. China
7.1.5.3. Japan
7.1.5.4. Rest of the APACChapter 8. Competitive Landscape
8.1.1. Key Strategies Adopted by Players
8.1.2. Market Share/Positioning AnalysisChapter 9. Company Profiles9.1. Arcelor Mittal
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives9.2. Ansteel
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives9.3. Baosteel
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives9.4. All Metals and Forge Group
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives9.5 Clingan Steel
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives9.6. Owen Industries
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives9.7. Nippon Steel and Sumitomo Metal
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives9.8. POSCO
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives9.9. AK Steel Holding
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives9.10. Leeco Steel
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives9.11. Nucor Corporation
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives9.12. Hebei Iron and Steel
9.12.1. Company Overview
9.12.2. Product Offerings
9.12.3. Financial Performance
9.12.4. Recent Initiatives9.13. Jiangsu Shagang
9.13.1. Company Overview
9.13.2. Product Offerings
9.13.3. Financial Performance
9.13.4. Recent Initiatives9.14. Wuhan Steel Group
9.14.1. Company Overview
9.14.2. Product Offerings
9.14.3. Financial Performance
9.14.4. Recent Initiatives9.15. List of other companies
9.15.1. Company Overview
9.15.2. Product Offerings
9.15.3. Financial Performance
9.15.4. Recent InitiativesChapter 10. Appendix
10.1. About Us
10.2. Glossary of Terms
1.1. Research Objective
1.2. Scope of the Study
1.3. DefinitionChapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & LimitationsChapter 3. Executive SummaryChapter 4. Market Outlook
4.1. Market Dynamics
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Opportunities
4.2. Porter’s Analysis
4.3. Value Chain AnalysisChapter 5. High Strength Alloy Steel Market, By Product Type
5.1. High Strength Alloy Steel Market, By Product Type, 2018-2026
5.2. Weathering Steels
5.3. As-Rolled Pearlitic Steels
5.4. Dual-Phase Steels
5.5. Inclusion-Shape-Controlled SteelsChapter 6. High Strength Alloy Steel Market, By Application
6.1. High Strength Alloy Steel Market, by Application, 2018-2026
6.2. Oil and Gas Pipeline
6.3. Automotive
6.4. Construction
6.5. Power Transmission Tower
6.6. OthersChapter 7. High Strength Alloy Steel Market, By Region
7.1. High Strength Alloy Steel Market, by Region, 2018-2026
7.1.1. North America
7.1.1.1. U.S
7.1.1.2. Rest of North America
7.1.2. Europe
7.1.2.1. U.K.
7.1.2.2. Germany
7.1.2.3. France
7.1.2.4. Rest of the Europe
7.1.3. Middle East & Africa (MEA)
7.1.3.1. GCC
7.1.3.2. North Africa
7.1.3.3. South Africa
7.1.3.4. Rest of MEA
7.1.4. Latin America (LATAM)
7.1.4.1. Brazil
7.1.4.2. Rest of LATAM
7.1.5. Asia Pacific (APAC)
7.1.5.1. India
7.1.5.2. China
7.1.5.3. Japan
7.1.5.4. Rest of the APACChapter 8. Competitive Landscape
8.1.1. Key Strategies Adopted by Players
8.1.2. Market Share/Positioning AnalysisChapter 9. Company Profiles9.1. Arcelor Mittal
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives9.2. Ansteel
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives9.3. Baosteel
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives9.4. All Metals and Forge Group
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives9.5 Clingan Steel
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives9.6. Owen Industries
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives9.7. Nippon Steel and Sumitomo Metal
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives9.8. POSCO
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives9.9. AK Steel Holding
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives9.10. Leeco Steel
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives9.11. Nucor Corporation
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives9.12. Hebei Iron and Steel
9.12.1. Company Overview
9.12.2. Product Offerings
9.12.3. Financial Performance
9.12.4. Recent Initiatives9.13. Jiangsu Shagang
9.13.1. Company Overview
9.13.2. Product Offerings
9.13.3. Financial Performance
9.13.4. Recent Initiatives9.14. Wuhan Steel Group
9.14.1. Company Overview
9.14.2. Product Offerings
9.14.3. Financial Performance
9.14.4. Recent Initiatives9.15. List of other companies
9.15.1. Company Overview
9.15.2. Product Offerings
9.15.3. Financial Performance
9.15.4. Recent InitiativesChapter 10. Appendix
10.1. About Us
10.2. Glossary of Terms
Arcelor Mittal
Ansteel
Baosteel
All Metals and Forge Group
Clingan Steel
Owen Industries
Nippon Steel and Sumitomo Metal
POSCO
AK Steel Holding
Leeco Steel
Nucor Corporation
Hebei Iron and Steel
Jiangsu Shagang
Wuhan Steel Group
Other
Ansteel
Baosteel
All Metals and Forge Group
Clingan Steel
Owen Industries
Nippon Steel and Sumitomo Metal
POSCO
AK Steel Holding
Leeco Steel
Nucor Corporation
Hebei Iron and Steel
Jiangsu Shagang
Wuhan Steel Group
Other
1. This report provides in depth analysis for changing competitive dynamics and keeps you ahead of competitors
2. It provides a forward looking perspective on different factors driving or restraining market growth
3. It provides a ten-year forecast assessed on the basis of how the market is expected to grow
4. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of various market segments
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