Title: High Strength Steel Market Projected to Increase 8.2% CAGR by 2021
1High Strength Steel Market by Type (High Strength
Low Alloy Steels, Dual Phase Steels, Bake
Hardenable Steels, Carbon Manganese Steels, and
Others), by End User (Automotive, Construction,
and Others), by Region - Global Forecast to
2021ByMarketsandMarkets
Published July-2016 Single User US
5650 Corporate User US 8150
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2High Strength Steel Market Global Forecast to
2021
- The high strength steels market is projected to
reach USD 21.17 billion by 2021 - The global high strength steels market was valued
at USD 14.27 billion in 2015 and is projected to
reach USD 21.17 billion by 2021, at a CAGR of
8.2 from 2016 to 2021. The increasing
applicability of high strength steels across
varied end-use industries, technological
advancements, and the growing demand of high
strength steels in the Asia-Pacific region are
driving the high strength steels market. - The dual phase steels segment is estimated to
grow at the highest CAGR during the forecast
period - Dual phase is the fastest-growing segment of the
high strength steels market by type, in terms of
value. These steels offer outstanding strength.
They are widely used in the automotive end-use
industry. Some of the major advantages of dual
phase steels are that they have high tensile
strength, excellent cold workability, and good
weld ability.
3High Strength Steel Market Global Forecast to
2021
- Asia-Pacific is anticipated to grow at the
highest CAGR during the forecast period - Asia-Pacific is the fastest-growing region for
the high strength steels market, globally. The
regions growing industrialization and
infrastructural developments offer enormous
opportunities for the high strength steels
market. In addition, the increasing middle class
population, which has led to urbanization and
rise in the manufacturing sector, drives the
demand of high strength steels in this region. - Breakdown Of Primary Participants Profile
- By Company Type Tier 1 20 , Tier 2 30, and
Tier 3 50 - By Designation C-Level 30, Director-Level
10, and Others 60 - By Region NA 25, EU 20, APAC -40, SA -10
and MEA 5
4High Strength Steel Market Global Forecast to
2021
- As a part of qualitative analysis, the research
provides a comprehensive review of the major
market drivers, restraints, opportunities,
challenges, and regulations. It also discusses
competitive strategies adopted by market players
across different regions. The companies profiled
in this report are Arcelor Mittal (Luxembourg),
United States Steel Corporation (U.S.),
Voestalpine AG (Austria), SSAB (Sweden), Shandong
Steel Group (China), SAIL (India), Tata Steels
(India), Nippon Steel and Sumitomo Metal
Corporation (Japan), POSCO (South Korea),
Baosteel Group (China), Severstal JSC (Russia),
ThyssenKrupp AG (Germany), and others. - Complete report on High Strength Steels Market
spread across 140 pages, profiling 25 companies
and supported with 88 tables and 57 figures is
now available at - http//www.rnrmarketresearch.com/high-strength-ste
el-market-by-type-high-strength-low-alloy-steels-d
ual-phase-steels-bake-hardenable-steels-carbon-man
ganese-steels-and-others-by-end-user-automotive-co
nstruction-and-others-by-region-gl-st-to-2021-mark
et-report.html .
5High Strength Steel Market Global Forecast to
2021
Table of Contents 1 Introduction 2 Research
Methodology 3 Executive Summary 4 Premium
Insights 5 Market Overview 6 Industry Trends
7 High Strength Steel Market, By End-Use
Industry 8 High Strength Steel Market, By
Type 9 Global High Strength Steel Market, By
Region 10 Competitive Landscape
Purchase a copy of this report http//www.rnrmar
ketresearch.com/contacts/purchase?rname633277 .
6High Strength Steel Market Global Forecast to
2021
- For more details contact Mr. Ritesh Tiwari
sales_at_rnrmarketresearch.com / 18883915441
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