The global Alloy Steel market was valued at 1276.34 Million USD in 2020 and will grow with a CAGR of 1.49% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this
report “Global
and Regional Alloy Steel Industry Status and Prospects Professional Market
Research Report Standard Version 2021-2027” is to provide the insights
on the post COVID-19 impact which will help market players in this field
evaluate their business approaches. Also, this report covers market
segmentation by major market verdors, types, applications/end users and
geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle
East, Africa, Oceania, South America).
Alloy steels are made by
combining carbon steel with one or several alloying elements, such as
manganese, silicon, nickel, titanium, copper, chromium and aluminum. These
metals are added to produce specific properties that are not found in regular
carbon steel. The elements are added in varying proportions (or combinations)
making the material take on different aspects such as increased hardness,
increased corrosion resistance, increased strength, improved formability
(ductility); the weld ability can also change. The technical barriers of Alloy
Steel are low, and the Alloy Steel market concentration degree is relatively
lower.
This industry is affected by
the economy and policy, so it's important to put an eye to economic indexes and
leaders' prefer. With the global economic recovery, more and more people pay
attention to rising environment standards, especially in underdevelopment
regions that have a large population and fast economic growth, the need will
increase. We tend to believe this industry now is close to mature, and the
consumption increasing degree will show a smooth curve. On product prices, the
slow downward trend in recent years will maintain in the future, as competition
intensifies, prices gap between different brands will go narrowing. Similarly,
there will be fluctuation in gross margin.
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By
Market Verdors:
ArcelorMittal
Tsingshan
Baowu Group
Shanxi TISCO
NSSMC
POSCO
Acerinox
Outokumpu
JFE Steel
Hesteel Group
Nucor Corporation
Hyundai Steel
Tata Steel
Ansteel Group
Shagang Group
ThyssenKrupp
JSW Steel Ltd
USSteel
Valin Steel Group
Maanshan Steel
NLMK Group
Evraz
Gerdau
Shougang
SAIL
Benxi Steel Group
Shandong Steel
By
Types:
Flat Products
Long/Tubular Products
By
Applications:
Automotive
Machinery
Oil and Gas
Key
Indicators Analysed
Market
Players & Competitor Analysis: The report covers the key
players of the industry including Company Profile, Product Specifications,
Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 &
Sales with a thorough analysis of the market's competitive landscape and
detailed information on vendors and comprehensive details of factors that will
challenge the growth of major market vendors.
Global
and Regional Market Analysis: The report includes Global
& Regional market status and outlook 2016-2027. Further the report provides
break down details about each region & countries covered in the report.
Identifying its sales, sales volume & revenue forecast. With detailed
analysis by types and applications.
Market
Trends: Market key trends which include Increased Competition
and Continuous Innovations.
Opportunities
and Drivers: Identifying the Growing Demands and New
Technology
Porters
Five Force Analysis: The report provides with the state of
competition in industry depending on five basic forces: threat of new entrants,
bargaining power of suppliers, bargaining power of buyers, threat of substitute
products or services, and existing industry rivalry.
For More
Information, refer to below link:-
Global
Alloy Steel Market Research Report
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Ankur Gupta, Head Marketing &
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