Automotive Structural Steel Market SWOT Analysis by Improvement from 2019-2025

Posted by Faraz on December 13th, 2019

Automotive structural steel is used to provide greater strength to vehicle components. You can increase the strength of the steel by mixing alloy materials and cooling them at low temperatures. In addition, automotive structural steels have excellent cold forming capabilities. It is therefore used for the construction of booms, truck arms and trailer frames. Stainless steel is mainly used to create exhaust systems for cars due to its impressive surface finish and excellent corrosion resistance.

The global structural steel market was estimated to be USD 87 billion in 2017 and is forecasted to increase at a CAGR of +5.6 % from 2018 to 2025.

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Some of the key market participants in the automotive structural steel market identified across the value chain are:

• POSCO
• KIRCHHOFF Group
• Inner Galaxy Group
• thyssenkrupp AG
• Advanced Structural Technologies, Inc.
• SSAB
• Waldaschaff Automotive GmbH
• KOBE STEEL, LTD.
• NANOSTEEL
• Ternium

The report titled "Automotive Structural Steel Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast - 2019 - 2025" offers overview of the Automotive Structural Steel industry covering market definitions, product classifications, and key vendors in the industry chain structure. The quantitative and qualitative analysis is provided for the global Automotive Structural Steel   Market considering competitive landscape, current market trends, and key driving factors prevailing in the Automotive Structural Steel   industry.

Automotive Structural Steel Market: Segmentation

By manufacturing process, the automotive structural steel market can be segmented as:

• Cold Rolling
• Hot Rolling

By product type, the automotive structural steel market can be segmented as:

• Galvanized Steel
• Stainless Steel
• High-Strength Steel
• Mild Carbon Steel
• Ultra-High-speed steel

By vehicle components, the automotive structural steel market can be segmented as:

• Body Structure Components (panels, roof, door, trunk lid & other)
• Drivetrain Components
• Under Chassis Components

By vehicle component, the automotive structural steel market can be segmented as:

• Passenger Car
• Light Commercial Vehicle (LCV
• Heavy Commercial Vehicle (HCV)

A full report of Global Automotive Structural Steel Market is available at: https://www.orionmarketreports.com/automotive-structural-steel-market/6023/

Scope of the Report

The research study analyzes the global Automotive Structural Steel industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Structural Steel Market Report

1. What was the Automotive Structural Steel Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Automotive Structural Steel Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Automotive Structural Steel Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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