Automotive High Strength Steel Market (Updated Version Available)

The report offers detailed coverage of Automotive High Strength Steel industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive High Strength Steel by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The AHSS type segment accounted for the largest share of the global Automotive High Strength Steel market, in terms of volume. This large share is primarily attributed to the better mechanical properties exhibited by AHSS as compared to other type of AHSS.
The Passenger Vehicle segment is estimated to account for the largest share of the global Passenger Vehicle market during the forecast period. This segment took the market share of 84.17% in 2016, in terms of volume.
Asia-Pacific is the largest and fastest-growing region in the global Automotive High Strength Steel market. Rapid automotive industry development offer lucrative growth opportunities to players operating in the Automotive High Strength Steel market. The increasing middle class population, which has led to urbanization and rise in the manufacturing sector, drives the demand of Automotive High Strength Steel in this region. The Asia-Pacific Automotive High Strength Steel market is expected to grow at the highest CAGR between 2017 and 2022. Economic growth in countries such as China, Japan and India are further propelling the growth of the Automotive High Strength Steel market in the Asia-Pacific region.
Some of the key players operating in the global Automotive High Strength Steel market include Arcelor Mittal, SSAB, POSCO, United States Steel Corporation, Voestalpine, ThyssenKrupp, Baowu Group, Ansteel.

The report forecast global Automotive High Strength Steel market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Automotive High Strength Steel market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Arcelor Mittal
SSAB
POSCO
United States Steel Corporation
Voestalpine
ThyssenKrupp
Baowu Group
Ansteel


At the same time, we classify Automotive High Strength Steel according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Conventional HSS
AHSS
Market by Application
Commercial Vehicle
Passenger Vehicle

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive High Strength Steel market for the forecast period 2021 - 2025?
• What are the driving forces in the Automotive High Strength Steel market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive High Strength Steel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?