Press Release

High Strength Steel Market Growth, Size, Share, Trends, and Business Opportunities to 2026

The global high strength steel market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “High Strength Steel Market Size, Share & Industry Analysis, By Type (High Strength Low Alloy (HSLA), Dual Phase (DP), Transformation Induced Plasticity (TRIP), Martensitic (MS), and Others), By Application (Automotive; Building & Construction; Mechanical & Heavy Equipment; Rail, Aviation & Marine; and Others), and Regional Forecast, 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other high strength steel market trends. The report is available for sale on the company website.

List of Companies Covered in the High Strength Steel Market Report:

  • Shandong Iron and Steel Group
  • PAO Severstal
  • Thyssenkrupp Ag
  • Voestalpine AG
  • CITIC Pacific Special Steel Holdings
  • Hebei Puyong Iron and Steel Group Co., Ltd.
  • Tata Steel
  • China Steel Corporation
  • JFE Steel Corporation
  • HBIS Group
  • Baosteel Group Corporation
  • Gerdau S.A.
  • Metinvest Holding, LLC
  • Nucor Corporation
  • Hyundai Steel Company
  • Novolipetsk Steel (NLMK)
  • Nippon Steel & Sumitomo Metal Corporation
  • ArcelorMittal S.A.

Rapid Industrialization in China and India to Support Market Growth in Asia Pacific

Asia Pacific is expected to hold a prominent position in the high strength steel market share during the forecast period on account of rapid expansion and growth of industrial activities in India and China. Industrialization has also escalated the demand for heavy machinery and equipment in the automotive and construction sectors in the region, further fueling the regional market growth.

In Europe, the market is anticipated to be mainly driven by the adoption of lightweight and high-strength materials for the manufacturing of electric vehicles. North America, with a market size of USD 3.21 billion in 2018, is expected to grow at a steady CAGR owing to strong demand for high strength steel from the automotive sector.

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Regional Analysis for High Strength Steel Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for High Strength Steel Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key High Strength Steel Market Insights
  5. Global Market Analysis, Insights and Forecast, 2015-2026
  6. North America Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
  9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Market Analysis, Insights and Forecast, 2015-2026
  11. Competitive Landscape
  12. Global High Strength Steel Market Revenue Share Analysis, By Key Players, 2020
  13. Company Profiles
  14. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Name: Ashwin Arora
Email: [email protected]
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Arthur Siegrist

By Arthur Siegrist

Arthur has nearly a decade of media experience. Before joining FBI Market News, he ran content operations of several local news journals. He also vast experience stock market, corporate communications, public relations, and digital marketing. Arthur holds a commerce degree from the University of Oakland and a post-graduate degree in English from NYU.