Automotive Steel market

Automotive Steel Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Automotive and Transportation
  • 70 Pages
  • Report code : PMR-6802236

  • 4.7 (158)

Automotive Steel Market

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Automotive steels can be classified in several different ways. One is a metallurgical designation providing some process information. Common designations include low-strength steels; conventional HSS; and the new AHSS.

Additional higher strength steels for the automotive market include hot-formed, post-forming heat-treated steels, and steels designed for unique applications that include improved edge stretch and stretch bending.

Automotive Steel Market contains market size and forecasts of Automotive Steel in global, including the following market information:

Global Automotive Steel Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Steel Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Automotive Steel companies in 2021 (%)

The global Automotive Steel market was valued at 138510 million in 2021 and is projected to reach US$ 195830 million by 2028, at a CAGR of 5.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Low-strength Steel Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Steel include ArcelorMittal, Baowu, POSCO, ThyssenKrupp, Nippon Steel, HYUNDAI Steel, JFE, Tatasteel and HBIS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive 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 Steel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Steel Market Segment Percentages, by Type, 2021 (%)

Low-strength Steel

Conventional HSS

AHSS

Others

Global Automotive Steel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive Steel Market Segment Percentages, by Application, 2021 (%)

Commercial Vehicle

Passenger Vehicle

Global Automotive Steel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Automotive 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 Steel revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Steel revenues share in global market, 2021 (%)

Key companies Automotive Steel sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Automotive Steel sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ArcelorMittal

Baowu

POSCO

ThyssenKrupp

Nippon Steel

HYUNDAI Steel

JFE

Tatasteel

HBIS

United States Steel

Nucor

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