Press release
High Strength Steel Market Size, Share | Industry Report 2025
The global High Strength Steel Market was valued at $17.4 Billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $32.7 Billion.High strength steel is a metal which is formed with a group that can be alloyed with other material. It can be heat treated & quenched to achieve a new hardness, tensile strength than other steel. High strength steel has a carbon content between 0.05 to 0.25 % to retain weldability & formability. It can be used in manufacturing equipment’s parts of plants. It can be used instead of a small section of steels for resists a high tensile load.
We have observed the maximum use of high strength low alloy in marine & ballistics application because it provides better resistance to carbon than steel. these are designed to provide a specific desirable combination of properties such as strength, toughness, formability, atmospheric corrosion resistance & weldability which boost the market growth for the forecast period.
Click the link below to view the report description:
www.ameriresearch.com/product/high-strength-steel-market/
Key findings from the study: -
• We have segmented the High strength steel alloy based on processing categories as High Strength Low Alloy, Dual Phase
• We have segmented the High strength Steel market based on Application are Automotive, Construction, Aviation & Marine, Mining.
• The key market participants include United States Steel Corporation, POSCO Co, Ansteel Group Corporation, ThyssenKrupp AG, AK Steel Corporation, Nucor Corporation., Tata Steel.
Ameri Research has segmented the High Strength Steel Market by material categories, product type, end-use and region:
Market Segmentation:
High Strength Steel Market by product Categories(Revenue, Million, 2014 – 2025)
• High Strength low alloy
• Dual Phase
High Strength Steel Market by Application (Revenue, Million, 2014 – 2025)
• Automotive
• Construction
• Aviation & Marine
• Mining
High Strength Steel Market Regional Outlook (Revenue, USD Million, 2014- 2025)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia
Browse Full Report @ www.ameriresearch.com/product/high-strength-steel-market/
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Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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