Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Alloy 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 Alloy Steel. This report contains market size and forecasts of Alloy Steel in global, including the following market information:
Global Alloy Steel Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Alloy Steel Market Sales, 2018-2023, 2024-2029, (M MT)
Global top five Alloy Steel companies in 2022 (%)
The global Alloy Steel market was valued at US$ 143 million in 2022 and is projected to reach US$ 158 million by 2029, at a CAGR of 1.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Alloy Steel key players include ArcelorMittal, Tsingshan, Baowu Group, Shanxi TISCO, NSSMC, etc. Global top five manufacturers hold a share over 20%.
China is the largest market, with a share over 50%, followed by Europe, and North America, both have a share about 15 percent.
In terms of product, Flat Products is the largest segment, with a share over 65%. And in terms of application, the largest application is Automotive, followed by Machinery, Oil and Gas, etc.
We surveyed the Alloy 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 Alloy Steel Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Alloy Steel Market Segment Percentages, by Type, 2022 (%)
Flat Products
Long/Tubular Products
Global Alloy Steel Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Alloy Steel Market Segment Percentages, by Application, 2022 (%)
Automotive
Machinery
Oil and Gas
Others
Global Alloy Steel Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M MT)
Global Alloy 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 Alloy Steel revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Alloy Steel revenues share in global market, 2022 (%)
Key companies Alloy Steel sales in global market, 2018-2023 (Estimated), (M MT)
Key companies Alloy Steel sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alloy Steel, market overview.
Chapter 2: Global Alloy Steel market size in revenue and volume.
Chapter 3: Detailed analysis of Alloy 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 Alloy 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 Alloy 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.
