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What's driving the Special Steel Market trends? ThyssenKrupp AG, NSSMC, POSCO, JFE, Gerdau, Citic Pacific, TISCO, Aperam, Outokumpu, Dongbei Special Steel, Nanjing Steel, Voestalpine, Hyundai, AK Steel

03-20-2020 07:30 PM CET | Industry, Real Estate & Construction

Press release from: Market Study Report LLC

Special Steel Market

Special Steel Market

Market Study Report LLC adds new research on Special Steel market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Special Steel market also includes an in-depth study of the industry competitive scenario.

According to this study, over the next five years the Special Steel market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 240300 million by 2024, from US$ 208500 million in 2019.

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The key manufacturers covered in this report:

o NSSMC
o POSCO
o JFE
o Gerdau
o Citic Pacific
o ThyssenKrupp AG
o TISCO
o Aperam
o Outokumpu
o Dongbei Special Steel
o Nanjing Steel
o Voestalpine
o Hyundai
o AK Steel
o Baosteel
o DAIDO Steel
o SSAB
o Sandvik
o HBIS
o Sanyo
o Ovako
o Xining Special Steel
o Shagang Group
o Aichi Steel
o Nippon Koshuha
o Timken Steel

First, for industry structure analysis, the Special Steel industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for 17.25% of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Special Steel industry. In particular, this report presents the global market share (sales and revenue) of key companies in Special Steel business,

Second, the sales of Special Steel increased from 191857 K MT in 2012 to 202530 K MT in 2016 with an average growth rate of 1.38%. Third, Asia-Pacific occupied 62.11% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 16.92% and 12.99% of the global total industry. Other countries have a smaller amount of sales.

We can change the organizational structure of the steel by adding one or several alloy elements into carbon steel. And the steel can have a variety of special performance. Special steel refers to steel produced using special techniques, with special characteristics and special purposes. Categorized by shape, special steel includes bar steel, plates, strip steel, tube steel and wire steel.

This report presents a comprehensive overview, market shares, and growth opportunities of Special Steel market by product type, application, key manufacturers and key regions and countries. This study considers the Special Steel value and volume generated from the sales of the following segments:

Segmentation by product type:

Structural Steel
Tool Steel and Die Steel
Stainless Steel
Others

Segmentation by application:

Automobile Industry
Machine Manufacturing
Petrochemicals & Energy Industry

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives

To study and analyze the global Special Steel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Special Steel market by identifying its various subsegments.
Focuses on the key global Special Steel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Special Steel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Special Steel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents
2019-2024 Global Special Steel Consumption Market Report
1 Scope of the Report
2 Executive Summary
3 Global Special Steel by Players
4 Special Steel by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Special Steel Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion

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