Global Alloy Steel Market Report 2024

Alloy Steel Global Market Report 2024 – By Product (High Alloy Steel, Low Alloy Steel), By Elements (Nickel, Chromium, Molybdenum, Vanadium, Tungsten), By Process (Hot Rolled, Cold Rolled, Forged, Extruded), By End-User (Building And Construction, Automotive, Mining, Aerospace And Defense, Energy And Power, Electrical And Electronics, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Alloy Steel Global Market Report 2024

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Alloy Steel Market Definition

Alloy steel refers to steel that is made by combining iron with other elements to enhance its properties and performance. It offers enhanced properties compared to standard carbon steel, making it suitable for various applications across various industries. The ability to customize its properties through different alloying elements allows manufacturers to create steel tailored to specific performance requirements.

The main product types of alloy steels include high alloy steel and low alloy steel. High-alloy steel contains a significant amount of alloying elements, typically greater than 5%, which enhance the steel's properties, such as toughness, corrosion resistance, and hardness. The elements are categorized into nickel, chromium, molybdenum, vanadium, and tungsten with process types such as hot rolled, cold rolled, forged, and extruded by end-users, including building and construction, automotive, mining, aerospace and defense, energy and power, electrical and electronics, and others.

Alloy Steel Market Segmentation

The alloy steel market covered in this report is segmented –

1) By Product: High Alloy Steel, Low Alloy Steel

2) By Elements: Nickel, Chromium, Molybdenum, Vanadium, Tungsten

3) By Process: Hot Rolled, Cold Rolled, Forged, Extruded

4) By End-User: Building And Construction, Automotive, Mining, Aerospace And Defense, Energy And Power, Electrical And Electronics, Other End Users

Global Alloy Steel Market Size 2023 to 2028: Graph

Alloy Steel Market Size 2024 And Growth Rate

The alloy steel market size has grown steadily in recent years. It will grow from $144.05 billion in 2023 to $148.14 billion in 2024 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to an upsurge in population, the automotive industry has been expanding continuously, growing investments in public transport infrastructure, demand in the electric vehicle industry and growing construction activities.

Alloy Steel Market Growth Forecast

The alloy steel market size is expected to see steady growth in the next few years. It will grow to $167.50 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to increasing demand from the construction industry, rising middle class and increasing disposable income, growing demand for electric vehicles, increasing usage in the industries of energy & power, aerospace & defense, and oil & gas, and rising applications in the automobile sector. Major trends in the forecast period include technological advancements, advanced materials, innovations in product development, creative solutions for sustainable methods, and AI technologies that identify defects or inconsistencies in the steel production process.

Alloy Steel Market Driver: Rising Electric Vehicle Demand Set To Boost Alloy Steel Market Growth

The growing demand for electric vehicles is expected to propel the growth of the alloy steel market going forward. The ever-increasing demand for electric vehicles is due to environmental benefits, sustainable transportation, lower fuel costs, reduced noise pollution, and smart charging solutions. Alloy steel contributes significantly to electric vehicles by delivering superior strength, durability, and lightweight benefits, which enhance overall performance, efficiency, and safety, aligning with the advanced needs of contemporary EV designs. For instance, in January 2024, according to a report published by the U.S. Energy Information Administration (EIA), a US-based agency, combined sales of hybrid vehicles, plug-in hybrids, and battery electric vehicles (BEVs) accounted for 16.3% of total new light-duty vehicle (LDV) sales in the United States in 2023, up from 12.9% in 2022. Therefore, the growing demand for electric vehicles is driving the alloy steel market.

Global Alloy Steel Market Major Players

Major companies operating in the alloy steel marker are ArcelorMittal SA, Pohang Iron and Steel Company (POSCO), Nippon Steel Corporation, Thyssenkrupp AG, JFE Holdings Inc., Tata Steel Ltd., Cleveland-Cliffs Inc., United States Steel Corporation (U.S. Steel), JSW Steel Inc., Hyundai Steel Co. Ltd., Reliance Steel & Aluminum Co., Voestalpine AG, Steel Authority of India Limited (SAIL), SSAB AB, Sandvik AB, Jindal Steel and Power Limited, SMC Group, Allegheny Technologies Incorporated (ATI), Hindustan Aeronautics Limited, APL Apollo Tubes Ltd., Shyam Metalics & Energy Ltd., Lloyds Metals and Engineers Ltd., Mukand Ltd., Ratnamani Metals & Tubes Ltd., Kalyani Steels Ltd

Global Alloy Steel Market Trend: Innovations In Alloy Steel Meeting The Demands Of Aerospace Industries

Major companies operating in the alloy steel market are focused on developing innovative products such as high-strength alloy steel grades to enhance durability, improve performance in extreme conditions, and meet the increasing industry demand. High-strength alloy steel grades are engineered to provide exceptional tensile strength and toughness, making them ideal for demanding aerospace industries. For instance, in August 2023, Jindal Stainless Ltd., an Indian-based company, developed a special high-strength alloy steel grade. The specialized grade provided to the Indian Space Research Organization (ISRO), typically imported from various countries, has been carefully developed using advanced refining processes over three years. The heat-resistant material protects the motor from shocks and high temperatures, highlighting the alloy steel grade’s reliability and suitability for critical space missions, even in extreme thermal conditions.

Alloy Steel Market Merger And Acquisition: Shyam Metalics Expands Product Portfolio With Acquisition Of Mittal Corp. Limited

In October 2023, Shyam Metalics and Energy Ltd., an India-based steel company, acquired Mittal Corp. Limited for ?351 crore ($4.3 million). The acquisition will enable Shyam Metalics to expand its product portfolio to include stainless steel and special products, strengthening its presence in the industry. This acquisition aligns with Shyam Metalics' growth strategy and commitment to becoming a leading player in the Indian steel market. Mittal Corp. Limited is an India-based manufacturer of stainless steel products, such as alloy steel.

Regional Insights For The Global Alloy Steel Market

Asia-Pacific was the largest region in the alloy steel market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the alloy steel marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the alloy steel marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The alloy steel market consists of sales of spring steel, chromoly steel, maraging steel, and weathering steel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The alloy steel market research report is one of a series of new reports from the business research company that provides alloy steel market statistics, including alloy steel industry global market size, regional shares, competitors with an alloy steel market share, detailed alloy steel market segments, market trends and opportunities, and any further data you may need to thrive in the alloy steel industry. This alloy steel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Alloy Steel Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $148.14 billion
Revenue Forecast In 2033 $167.50 billion
Growth Rate CAGR of 3.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: High Alloy Steel; Low Alloy Steel
2) By Elements: Nickel; Chromium; Molybdenum; Vanadium; Tungsten
3) By Process: Hot Rolled; Cold Rolled; Forged; Extruded
4) By End-User: Building And Construction; Automotive; Mining; Aerospace And Defense; Energy And Power; Electrical And Electronics; Other End Users
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled ArcelorMittal SA, Pohang Iron and Steel Company (POSCO), Nippon Steel Corporation, Thyssenkrupp AG, JFE Holdings Inc., Tata Steel Ltd, Cleveland-Cliffs Inc., United States Steel Corporation (U.S. Steel), JSW Steel Inc, Hyundai Steel Co. Ltd, Reliance Steel & Aluminum Co., Voestalpine AG, Steel Authority of India Limited (SAIL), SSAB AB, Sandvik AB, Jindal Steel and Power Limited, SMC Group, Allegheny Technologies Incorporated (ATI), Hindustan Aeronautics Limited, APL Apollo Tubes Ltd, Shyam Metalics & Energy Ltd, Lloyds Metals and Engineers Ltd, Mukand Ltd, Ratnamani Metals & Tubes Ltd, Kalyani Steels Ltd
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Alloy Steel Market Characteristics

    3. Alloy Steel Market Trends And Strategies

    4. Alloy Steel Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Alloy Steel Market Size and Growth

    5.1. Global Alloy Steel Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Alloy Steel Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Alloy Steel Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Alloy Steel Market Segmentation

    6.1. Global Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    High Alloy Steel

    Low Alloy Steel

    6.2. Global Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Nickel

    Chromium

    Molybdenum

    Vanadium

    Tungsten

    6.3. Global Alloy Steel Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hot Rolled

    Cold Rolled

    Forged

    Extruded

    6.4. Global Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Building And Construction

    Automotive

    Mining

    Aerospace And Defense

    Energy And Power

    Electrical And Electronics

    Other End Users

    7. Alloy Steel Market Regional And Country Analysis

    7.1. Global Alloy Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Alloy Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Alloy Steel Market

    8.1. Asia-Pacific Alloy Steel Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Alloy Steel Market

    9.1. China Alloy Steel Market Overview

    9.2. China Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Alloy Steel Market

    10.1. India Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Alloy Steel Market

    11.1. Japan Alloy Steel Market Overview

    11.2. Japan Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Alloy Steel Market

    12.1. Australia Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Alloy Steel Market

    13.1. Indonesia Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Alloy Steel Market

    14.1. South Korea Alloy Steel Market Overview

    14.2. South Korea Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Alloy Steel Market

    15.1. Western Europe Alloy Steel Market Overview

    15.2. Western Europe Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Alloy Steel Market

    16.1. UK Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Alloy Steel Market

    17.1. Germany Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Alloy Steel Market

    18.1. France Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Alloy Steel Market

    19.1. Italy Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Alloy Steel Market

    20.1. Spain Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Alloy Steel Market

    21.1. Eastern Europe Alloy Steel Market Overview

    21.2. Eastern Europe Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Alloy Steel Market

    22.1. Russia Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Alloy Steel Market

    23.1. North America Alloy Steel Market Overview

    23.2. North America Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Alloy Steel Market

    24.1. USA Alloy Steel Market Overview

    24.2. USA Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Alloy Steel Market

    25.1. Canada Alloy Steel Market Overview

    25.2. Canada Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Alloy Steel Market

    26.1. South America Alloy Steel Market Overview

    26.2. South America Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Alloy Steel Market

    27.1. Brazil Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Alloy Steel Market

    28.1. Middle East Alloy Steel Market Overview

    28.2. Middle East Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Alloy Steel Market

    29.1. Africa Alloy Steel Market Overview

    29.2. Africa Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Alloy Steel Market Competitive Landscape And Company Profiles

    30.1. Alloy Steel Market Competitive Landscape

    30.2. Alloy Steel Market Company Profiles

    30.2.1. ArcelorMittal SA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Pohang Iron and Steel Company (POSCO)

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Nippon Steel Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Thyssenkrupp AG

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. JFE Holdings Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Alloy Steel Market Other Major And Innovative Companies

    31.1. Tata Steel Ltd

    31.2. Cleveland-Cliffs Inc.

    31.3. United States Steel Corporation (U.S. Steel)

    31.4. JSW Steel Inc

    31.5. Hyundai Steel Co. Ltd

    31.6. Reliance Steel & Aluminum Co.

    31.7. Voestalpine AG

    31.8. Steel Authority of India Limited (SAIL)

    31.9. SSAB AB

    31.10. Sandvik AB

    31.11. Jindal Steel and Power Limited

    31.12. SMC Group

    31.13. Allegheny Technologies Incorporated (ATI)

    31.14. Hindustan Aeronautics Limited

    31.15. APL Apollo Tubes Ltd

    32. Global Alloy Steel Market Competitive Benchmarking

    33. Global Alloy Steel Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Alloy Steel Market

    35. Alloy Steel Market Future Outlook and Potential Analysis

    35.1 Alloy Steel Market In 2028 - Countries Offering Most New Opportunities

    35.2 Alloy Steel Market In 2028 - Segments Offering Most New Opportunities

    35.3 Alloy Steel Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Alloy Steel Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Alloy Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Alloy Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: ArcelorMittal SA Financial Performance
  • Table 76: Pohang Iron and Steel Company (POSCO) Financial Performance
  • Table 77: Nippon Steel Corporation Financial Performance
  • Table 78: Thyssenkrupp AG Financial Performance
  • Table 79: JFE Holdings Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Alloy Steel Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Alloy Steel Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Alloy Steel Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Alloy Steel Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Alloy Steel Market, Segmentation By Elements, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Alloy Steel Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: ArcelorMittal SA Financial Performance
  • Figure 76: Pohang Iron and Steel Company (POSCO) Financial Performance
  • Figure 77: Nippon Steel Corporation Financial Performance
  • Figure 78: Thyssenkrupp AG Financial Performance
  • Figure 79: JFE Holdings Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the alloy steel market?

Alloy steel refers to steel that is made by combining iron with other elements to enhance its properties and performance. It offers enhanced properties compared to standard carbon steel, making it suitable for various applications across various industries. The ability to customize its properties through different alloying elements allows manufacturers to create steel tailored to specific performance requirements. For further insights on the alloy steel market, request a sample here

How will the alloy steel market drivers and restraints affect the alloy steel market dynamics? What forces will shape the alloy steel industry going forward?

The alloy steel market major growth driver - Rising Electric Vehicle Demand Set To Boost Alloy Steel Market Growth . For further insights on the alloy steel market, request a sample here

What is the forecast market size or the forecast market value of the alloy steel market?

The alloy steel market size has grown steadily in recent years. It will grow from $144.05 billion in 2023 to $148.14 billion in 2024 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to an upsurge in population, the automotive industry has been expanding continuously, growing investments in public transport infrastructure, demand in the electric vehicle industry and growing construction activities. The alloy steel market size is expected to see steady growth in the next few years. It will grow to $167.50 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to increasing demand from the construction industry, rising middle class and increasing disposable income, growing demand for electric vehicles, increasing usage in the industries of energy & power, aerospace & defense, and oil & gas, and rising applications in the automobile sector. Major trends in the forecast period include technological advancements, advanced materials, innovations in product development, creative solutions for sustainable methods, and AI technologies that identify defects or inconsistencies in the steel production process. For further insights on the alloy steel market, request a sample here

How is the alloy steel market segmented?

The alloy steel market is segmented
1) By Product: High Alloy Steel, Low Alloy Steel
2) By Elements: Nickel, Chromium, Molybdenum, Vanadium, Tungsten
3) By Process: Hot Rolled, Cold Rolled, Forged, Extruded
4) By End-User: Building And Construction, Automotive, Mining, Aerospace And Defense, Energy And Power, Electrical And Electronics, Other End UsersFor further insights on the alloy steel market,
request a sample here

Which region has the largest share of the alloy steel market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the alloy steel market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the alloy steel marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the alloy steel market, request a sample here.

Who are the major players in the alloy steel market?

Major companies operating in the alloy steel marker are ArcelorMittal SA, Pohang Iron and Steel Company (POSCO), Nippon Steel Corporation, Thyssenkrupp AG, JFE Holdings Inc., Tata Steel Ltd., Cleveland-Cliffs Inc., United States Steel Corporation (U.S. Steel), JSW Steel Inc., Hyundai Steel Co. Ltd., Reliance Steel & Aluminum Co., Voestalpine AG, Steel Authority of India Limited (SAIL), SSAB AB, Sandvik AB, Jindal Steel and Power Limited, SMC Group, Allegheny Technologies Incorporated (ATI), Hindustan Aeronautics Limited, APL Apollo Tubes Ltd., Shyam Metalics & Energy Ltd., Lloyds Metals and Engineers Ltd., Mukand Ltd., Ratnamani Metals & Tubes Ltd., Kalyani Steels Ltd For further insights on the alloy steel market, request a sample here.

What are the key trends in the alloy steel market?

Major trend in the alloy steel market - Innovations In Alloy Steel Meeting The Demands Of Aerospace Industries. For further insights on the alloy steel market, request a sample here.

What are the major opportunities in the alloy steel market? What are the strategies for the alloy steel market?

For detailed insights on the major opportunities and strategies in the alloy steel market, request a sample here.

How does the alloy steel market relate to the overall economy and other similar markets?

For detailed insights on alloy steel market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the alloy steel industry?

For detailed insights on the mergers and acquisitions in the alloy steel industry, request a sample here.

What are the key dynamics influencing the alloy steel market growth? SWOT analysis of the alloy steel market.

For detailed insights on the key dynamics influencing the alloy steel market growth and SWOT analysis of the alloy steel industry, request a sample here.