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Global Advanced High-Strength Steel in Automotive Market Growth 2023-2029

Global Advanced High-Strength Steel in Automotive Market Growth 2023-2029

Product Code:550572

Published Date: Jan 05,2022

Pages: 98

Region: Global

Category: Automobile & Transportation

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High-strength low-alloy steel (HSLA) is a type of alloy steel that provides better mechanical properties or greater resistance to corrosion than carbon steel. HSLA steels vary from other steels in that they are not made to meet a specific chemical composition but rather to specific mechanical properties. They have a carbon content between 0.05–0.25% to retain formability and weldability. Other alloying elements include up to 2.0% manganese and small quantities of copper, nickel, niobium, nitrogen, vanadium, chromium, molybdenum, titanium, calcium, rare earth elements, or zirconium. Copper, titanium, vanadium, and niobium are added for strengthening purposes.

LPI (LP Information)' newest research report, the “Advanced High-Strength Steel in Automotive Industry Forecast” looks at past sales and reviews total world Advanced High-Strength Steel in Automotive sales in 2022, providing a comprehensive analysis by region and market sector of projected Advanced High-Strength Steel in Automotive sales for 2023 through 2029. With Advanced High-Strength Steel in Automotive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced High-Strength Steel in Automotive industry.

This Insight Report provides a comprehensive analysis of the global Advanced High-Strength Steel in Automotive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced High-Strength Steel in Automotive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Advanced High-Strength Steel in Automotive market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced High-Strength Steel in Automotive and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced High-Strength Steel in Automotive.

The global Advanced High-Strength Steel in Automotive market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The advanced high-strength steel market in Asia Pacific is expected to witness highest growth and is projected to register the fastest CAGR over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Advanced High-Strength Steel in Automotive market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Dual Phase Steel
    Martensitic Steel
    Boron Steel
    TRIP Steel
    Others

Segmentation by application
    Passenger Cars
    Commercial Vehicles

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Baoshan Iron & Steel
    ArcelorMittal
    Tata Steel
    Kobe Steel
    POSCO
    SSAB
    ThyssenKrupp
    United Steel
    AK Steel

Key Questions Addressed in this Report
What is the 10-year outlook for the global Advanced High-Strength Steel in Automotive market?
What factors are driving Advanced High-Strength Steel in Automotive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Advanced High-Strength Steel in Automotive market opportunities vary by end market size?
How does Advanced High-Strength Steel in Automotive break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?