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High 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 2021

High 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 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 weldability.

Automotive is the largest end-use industry of the high strength steels market

The automotive segment is the largest segment of the global HSS market, by end-use industry. High strength steels are fuel efficient as it is lightweight in nature. HSS also provides safety owing to its strength, and emits minimum amount of CO2. Due to these added benefits of HSS, conventional steel is likely to be replaced by HSS in the automotive industry.

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 region’s 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%

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.

Reasons to buy this report:
This report covers the following key aspects:
What will be the market size and growth rate by 2021
What are the key market trends
Which factors are expected to drive the market growth
What are the challenges that impact the market growth
Who are the key players in this market
Global report covers key regions, such as the Asia-Pacific, North America, Europe, South America, Middle East & Africa including major countries in these regions


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ASIA-PACIFIC EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE GLOBAL HSS MARKET
    • GLOBAL HSS MARKET: KEY REGIONS
    • HSS MARKET IN ASIA-PACIFIC
    • GLOBAL HSS MARKET, BY TYPE
    • GLOBAL HSS MARKET, BY REGION
    • GLOBAL HSS MARKET: EMERGING VS. DEVELOPED NATIONS
    • GLOBAL HSS MARKET, BY END-USE INDUSTRIES
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table TOP 10 COUNTRIES WITH LARGEST OUTPUT IN CONSTRUCTION, 2015
      • RESTRAINTS
      • OPPORTUNITIES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF RIVALRY
  • HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
    • AUTOMOTIVE
      • Table HIGH STRENGTH STEELS MARKET IN AUTOMOTIVE, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET IN AUTOMOTIVE, BY REGION, 2014-2021 (KT)
    • CONSTRUCTION
      • Table HIGH STRENGTH STEELS MARKET IN CONSTRUCTION, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET IN CONSTRUCTION, BY REGION, 2014-2021 (KT)
    • YELLOW GOODS & MINING EQUIPMENT
      • Table HIGH STRENGTH STEELS MARKET IN YELLOW GOODS & MINING EQUIPMENT, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET IN YELLOW GOODS & MINING EQUIPMENT, BY REGION, 2014-2021 (KT)
    • AVIATION & MARINE
      • Table HIGH STRENGTH STEELS MARKET IN AVIATION & MARINE, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET IN AVIATION & MARINE, BY REGION, 2014-2021 (KT)
    • OTHERS
      • Table HIGH STRENGTH STEELS MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET IN OTHER APPLICATIONS, BY REGION, 2014-2021 (KT)
  • HIGH STRENGTH STEELS MARKET, BY TYPE
    • INTRODUCTION
      • Table HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
    • HIGH STRENGTH LOW ALLOY STEELS
      • Table HIGH STRENGTH LOW ALLOY STEELS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table HIGH STRENGTH LOW ALLOY STEELS MARKET, BY REGION, 2014-2021 (KT)
    • DUAL PHASE STEELS
      • Table DUAL PHASE STEELS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table DUAL PHASE STEELS MARKET, BY REGION, 2014-2021 (KT)
    • BAKE HARDENABLE STEELS
      • Table BAKE HARDENABLE STEELS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table BAKE HARDENABLE MARKET, BY REGION, 2014-2021 (KT)
    • CARBON MANGANESE STEELS
      • Table CARBON MANGANESE STEELS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table CARBON MANGANESE STEELS MARKET, BY REGION, 2014-2021 (KT)
    • OTHERS
      • Table OTHERS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table OTHERS MARKET, BY REGION, 2014-2021 (KT)
  • GLOBAL HIGH STRENGTH STEELS MARKET, BY REGION
    • INTRODUCTION
      • Table GLOBAL HIGH STRENGTH STEELS MARKET, BY REGION, 2014-2021 (USD MILLION)
      • Table GLOBAL HIGH STRENGTH STEELS MARKET, BY REGION, 2014-2021 (KT)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (KT)
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table CHINA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table INDIA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table JAPAN HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table AUSTRALIA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table SOUTH KOREA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table TAIWAN HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table REST OF ASIA-PACIFIC HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
    • EUROPE
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (KT)
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table EUROPE HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table GERMANY HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table FRANCE HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table U.K. HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table BELGIUM HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table RUSSIA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table ITALY HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table SPAIN HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table REST OF EUROPE HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
    • NORTH AMERICA
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (KT)
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table U.S. HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table MEXICO HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table CANADA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
    • SOUTH AMERICA
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (KT)
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table BRAZIL HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table ARGENTINA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY COUNTRY, 2014-2021 (KT)
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY TYPE, 2014-2021 (KT)
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table IRAN HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table SOUTH AFRICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table SAUDI ARABIA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table UAE HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
      • Table REST OF MIDDLE EAST & AFRICA HIGH STRENGTH STEELS MARKET, BY END-USE INDUSTRY, 2014-2021 (KT)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
      • EXPANSION: THE MOST POPULAR GROWTH STRATEGY
    • MAXIMUM DEVELOPMENTS IN 2015 & 2012
    • POSCO (SOUTH KOREA): THE MOST ACTIVE PLAYER
    • COMPETITIVE SITUATION & TRENDS
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2016
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2016
      • AGREEMENTS & COLLABORATIONS
        • Table AGREEMENTS & COLLABORATIONS, 2011-2016
      • JOINT VENTURES
        • Table JOINT VENTURE, 2011-2015
      • OTHERS
        • Table OTHERS, 2011-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ARCELORMITTAL
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • UNITED STATES STEEL CORPORATION
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BAOSTEEL GROUP CORORATION
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SSAB
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VOESTALPINE GROUP
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • POSCO
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NIPPON STEEL & SUMITOMO METAL CORPORATION
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENT
      • MNM VIEW
    • STEEL AUTHORITY OF INDIA LIMITED
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TATA STEELS LIMITED
      • OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ANGANG STEEL COMPANY LIMITED
      • OVERVIEW
      • PRODUCTS & SERVICES
      • MNM VIEW
    • HEBEI PUYONG STEEL GROUP
    • JIANGSU SHAGANG INTERNATIONAL TRADE CO., LTD.
    • JFE STEEL CORPORATION
    • NUCOR CORPORATION
    • CHINA STEEL CORPORATION
    • THYSSENKRUPP AG
    • METINVEST HOLDING LLC
    • SEVERSTAL JSC
    • JSW STEEL
    • NOVOLIPETSK STEEL (NLMK)
    • GERDAU S.A.
    • CITIC
    • HYUNDAI STEEL COMPANY
    • WUHAN IRON AND STEEL CORPORATION
    • SHANDONG IRON AND STEEL GROUP
  • APPENDIX
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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