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High Strength Steel Market

High Strength Steel Market was valued US$ 17.43 Bn in 2016, and expected to reach US$ 30.45 Bn by 2024 at a CAGR of 8.3 %.<br>

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High Strength Steel Market

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  1. High Strength Steel Market was valued US$ 17.43 Bn in 2016, and expected to reach US$ 30.45 Bn by 2024 at a CAGR of 8.3 %. Global High Strength Steel Market Global high strength steel market is segmented into type, end-use industry, and region. on the basis of type, market is divided into High Strength Low Alloy (HSLA), Bake Hardenable (BH), Dual Phase (DP), Carbon Manganese (CMn), Others. based on end-use industry market is divided into Automotive, Yellow Goods & Mining Equipment, Construction, Aviation & Marine, and other. geographically market is spread by North America, Asia-Pacific, Europe, Latin America, Middle East & Africa. Lightweight components in automobiles, consciousness toward decreasing the green house gases and carbon dioxide emission levels, and the rapid growth in automotive industry drive the high-strength steel market. Upsurging aerospace industry, urbanization and industrialization in developing economies is projected to offer opportunities high strength steel market. Aluminum as substitutes will hamper the demand of high strength steel market. High strength low alloy segment holds one third share of market followed by dual phase. Dual phase steel is expected to gain market share. Dual phase steel gives high mechanical strength, extraordinary fatigue resistance, and good energy absorption capacity to the finished part.

  2. Automotive segment holds two third market share attributed to large use in automobile for manufacturing body panels of automobiles owing to its high impact strength and low density. Construction is second largest segment owed to increasing infrastructure activities. Geographically, the high strength steel market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is leading high strength steel market due to the increased demand from emerging countries, such as India and China. key players operated in market are Voestalpine AG (Austria), ArcelorMittal S.A. (Luxembourg), POSCO Group (South Korea), SSAB AB (Sweden), Tata Steel (India), Nippon Steel & Sumitomo Metal Corporation (Japan), Steel Authority of India Limited (India), United States Steel Corporation (US), ThyssenKrupp AG (Germany), JSW Steel (India). For More Information Visit: For More Information Visit: https://www.maximizemarketresearch.com/market-report/high-strength- steel-market/4178/ Scope of Global High Strength Steel Market: Global High Strength Steel Market, by Type: • High Strength Low Alloy (HSLA) • Bake Hardenable (BH) • Dual Phase (DP) • Carbon Manganese (CMn) • Others Global High Strength Steel Market, by End-use Industry: • Automotive • Yellow Goods & Mining Equipment • Construction • Aviation & Marine • Others Global High Strength Steel Market, by Geography:

  3. • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Key Player Operating in the Market: • Voestalpine AG (Austria) • ArcelorMittal S.A. (Luxembourg) • POSCO Group (South Korea) • SSAB AB (Sweden) • Tata Steel (India) • Nippon Steel & Sumitomo Metal Corporation (Japan) • Steel Authority of India Limited (India) • United States Steel Corporation (US) • ThyssenKrupp AG (Germany) • JSW Steel (India) This Report Is Submitted By This Report Is Submitted By @maximize market research @maximize market research Customization of the report: Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

  4. Contact Us: Contact Us: Name: Name: Lumawant Godage Organization: Organization: MAXIMIZE MARKET RESEARCH Email: Email: sales@maximizemarketresearch.com Contact: Contact: +91 9607365656

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