Asia-Pacific High Strength Steel Market– Industry Trends and Forecast to 2026

  • Chemical and Materials
  • Published Report
  • Dec 2018
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 24
  • No of Figures: 58

Asia-Pacific High Strength Steel Market, By Grade (High Strength Low alloy, Dual Phase, Transformation Inducted Plasticity, Bake hardenable, Rephosphorised steel and Interstitial Free) , Product Type (Cold Rolled, Hot Rolled, Metallic Coated and Direct Rolled), End User (Automotive, Construction, Heavy Machinery, Ship Building, Aerospace, Energy & Power, Packaging, Consumer Goods), Geography(China, India, Japan, South Korea, Australia, Malaysia, Thailand, Singapore, Indonesia, Philippines and Rest of Asia Pacific)– Industry Trends and Forecast to 2026

High strength steel is defined as steel that has yield strength ranging between 210-550 MPa and a tensile strength 270 to 700MPa. High strength steel is the type of steel that promotes high yield due to strengthening mechanisms that were employed on the steel to achieve better strength, toughness, fatigue and ductility.  High strength steel is used in a wide variety of applications, most prominent are automotive, heavy machinery manufacturing, energy and power, ship building, aerospace, packaging and consumer goods. Most commonly high strength steel is produced with the cold rolled process followed by hot rolled, metallic rolled and direct rolled. High strength steel also reduce production cost, provide environmental & financial advantages in various application of automotive and construction sectors such as structural designing of auto parts, lifting equipment, materials handling, trailers and others.

Asia Pacific transcritical CO2 market is growing at a CAGR of 8.4% in the forecast period 2019 to 2026.

Market Segmentation: Asia-Pacific High Strength Steel Market

Asia Pacific high strength steel market is segmented into four notable segments such as grade type, product type, end user and geography

  • On the basis of grade type, the market is segmented into high strength low alloy, dual phase, transformation inducted plasticity, bake hardenable, rephosphorised steel, interstitial free and others. Dual phase high strength steel segment is growing at the highest CAGR of in the forecast period of 2019 to 2026.
  • On the basis of product type, the market is segmented into cold rolled, hot rolled, metallic coated and direct rolled. Cold rolled high strength steel segment is the largest and growing at the highest CAGR of in the forecast period of 2019 to 2026.

    • In April 2018, AK Steel Corporation announced the expansion of the New NEXMET Advanced High Strength Steel. NEXMET will enable the automotive companies to manufacture light weight components and vehicles. This also provides the passengers safety.

  • On the basis of end users, the market is segmented into automotive, construction, heavy machinery, ship building, aerospace, energy & power, packaging, consumer goods and others. Construction end use segment is growing at the highest CAGR of in the forecast period of 2019 to 2026.

Competitive Analysis: Asia-Pacific High Strength Steel Market

Some of the major players operating in this market are POSCO, Arcelormittal S.A., Nippon Steel & Sumitomo Metal Corporation, Tata Steel, NUCOR, HBIS Group, HYUNDAI STEEL, AK Steel Corporation, Voestalpine AG, SSAB AG, Angang Steel Company Limited, Shanghai Baosteel Chemical Co., Ltd. (A Subsidiary Of Baosteel Co., Ltd), Shougang.Com, Thyssenkrupp AG, Shandong Iron And Steel Group Co., Ltd., BENXI STEEL GROUP, JFE Steel Corporation, United States Steel, SAIL, JSW Steel Limited and other.

Product Launch:

  • In November, 2018, SSAB AB announced the launch of Strenx 1100 Plus strip steel which is a hot-rolled, high-strength steel that possesses unique weld properties and delivers outstanding welding and bending performance. This product launch will help in the manufacturing and production of automotive components in China.
  • In January, 2018, Benxi steel group launched 2000MPa super strength steel in the market. Launching a new product helped the company to enhance their product portfolio in automotive industries.
  • In August 2018, AK Steel Corporation announced the launch of NEXMET, an innovative range of high strength steel, which is applicable for lightweight components in the automotive industry. These products are designed for the manufacturing of automotive original equipment.

Research Methodology: Asia-Pacific High Strength Steel Market

Primary Respondents: key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants.


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LIST OF TABLES ASIA-PACIFIC HIGH STRENGTH STEEL MARKET

TABLE 1 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 2 ASIA-PACIFIC HIGH STRENGTH LOW ALLOY IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 3 ASIA-PACIFIC DUAL PHASE IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 4 ASIA-PACIFIC TRANSFORMATION INDUCTED PLASTICITY IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE , BY REGION, 2017-2026 (USD MILLION) TABLE 5 ASIA-PACIFIC BAKE HARDENABLE IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 6 ASIA-PACIFIC REPHOSPHORISED STEEL IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 7 ASIA-PACIFIC INTERSTITIAL FREE IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 8 ASIA-PACIFIC OTHERS IN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 9 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 10 ASIA-PACIFIC COLD ROLLED IN HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 11 ASIA-PACIFIC HOT ROLLED IN HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 12 ASIA-PACIFIC METALLIC COATED IN HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 13 ASIA-PACIFIC DIRECT ROLLED IN HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, BY REGION, 2017-2026 (USD MILLION) TABLE 14 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 15 ASIA-PACIFIC AUTOMOTIVE IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 16 ASIA-PACIFIC CONSTRUCTION IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 17 ASIA-PACIFIC HEAVY MACHINERY IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 18 ASIA-PACIFIC SHIP BUILDING IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 19 ASIA-PACIFIC AEROSPACE IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 20 ASIA-PACIFIC ENERGY & POWER IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 21 ASIA-PACIFIC PACKAGING IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 22 ASIA-PACIFIC CONSUMER GOODS IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 23 ASIA-PACIFIC OTHERS IN HIGH STRENGTH STEEL MARKET, BY REGION, 2017-2026 (USD MILLION) TABLE 24 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY COUNTRY, 2017-2026 (USD MILLION) TABLE 25 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 26 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 27 ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 28 CHINA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 29 CHINA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 30 CHINA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 31 INDIA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 32 INDIA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 33 INDIA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 34 JAPAN HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 35 JAPAN HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 36 JAPAN HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 37 SOUTH KOREA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 38 SOUTH KOREA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 39 SOUTH KOREA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 40 AUSTRALIA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 41 AUSTRALIA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 42 AUSTRALIA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 43 MALAYSIA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 44 MALAYSIA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 45 MALAYSIA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 46 THAILAND HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 47 THAILAND HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 48 THAILAND HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 49 SINGAPORE HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 50 SINGAPORE HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 51 SINGAPORE HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 52 INDONESIA HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 53 INDONESIA HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 54 INDONESIA HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 55 PHILIPPINES HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION) TABLE 56 PHILIPPINES HIGH STRENGTH STEEL MARKET, BY PRODUCT TYPE, 2017-2026 (USD MILLION) TABLE 57 PHILIPPINES HIGH STRENGTH STEEL MARKET, BY END USER, 2017-2026 (USD MILLION) TABLE 58 REST OF ASIA-PACIFIC HIGH STRENGTH STEEL MARKET, BY GRADE TYPE, 2017-2026 (USD MILLION)
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