Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Automotive Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Steel. This report contains market size and forecasts of Automotive Steel in global, including the following market information:
Global Automotive Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Steel Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Automotive Steel companies in 2022 (%)
The global Automotive Steel market was valued at US$ 138510 million in 2022 and is projected to reach US$ 195830 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Steel key players include ArcelorMittal, Baowu, POSCO, ThyssenKrupp, Nippon Steel, etc. Global top five manufacturers hold a share nearly 50%.
Asia-Pacific is the largest market, with a share about 60%, followed by Europe, and North America, both have a share over 30 percent.
In terms of product, Low-strength Steel is the largest segment, with a share about 45%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
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, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Steel Market Segment Percentages, by Type, 2022 (%)
Low-strength Steel
Conventional HSS
AHSS
Others
Global Automotive Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Steel Market Segment Percentages, by Application, 2022 (%)
Commercial Vehicle
Passenger Vehicle
Global Automotive Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Steel Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Steel revenues share in global market, 2022 (%)
Key companies Automotive Steel sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Automotive Steel sales share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Steel, market overview.
Chapter 2: Global Automotive Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Steel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Steel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Steel capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
