Advanced High-Strength Steels (AHSS) are complex, sophisticated materials, with carefully selected chemical compositions and multiphase microstructures resulting from precisely controlled heating and cooling processes. Various strengthening mechanisms are employed to achieve a range of strength, ductility, toughness, and fatigue properties. These steels aren’t the mild steels of yesterday; rather they are uniquely light weight and engineered to meet the challenges of today’s vehicles for stringent safety regulations, emissions reduction, solid performance, at affordable costs.
This report contains market size and forecasts of Automotive High Strength Steel in global, including the following market information:
Global Automotive High Strength Steel Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive High Strength Steel Market Sales, 2017-2022, 2023-2028, (10K Tonne)
Global top five Automotive High Strength Steel companies in 2021 (%)
The global Automotive High Strength Steel market was valued at 25390 million in 2021 and is projected to reach US$ 35450 million by 2028, at a CAGR of 4.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Conventional HSS Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive High Strength Steel include Arcelor Mittal, SSAB, POSCO, United States Steel Corporation, Voestalpine, ThyssenKrupp, Baowu Group and Ansteel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive High Strength Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive High Strength Steel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, by Type, 2021 (%)
Conventional HSS
AHSS
Global Automotive High Strength Steel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, by Application, 2021 (%)
Commercial Vehicle
Passenger Vehicle
Global Automotive High Strength Steel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (10K Tonne)
Global Automotive High Strength Steel Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive High Strength Steel revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive High Strength Steel revenues share in global market, 2021 (%)
Key companies Automotive High Strength Steel sales in global market, 2017-2022 (Estimated), (10K Tonne)
Key companies Automotive High Strength Steel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine
ThyssenKrupp
Baowu Group
Ansteel