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Automotive Steel-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Automotive Steel market size is expected to reach US$ 194060 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steel in various end use industries. The expanding demands from the Commercial Vehicle and Passenger Vehicle, are propelling Automotive Steel market. Low-strength Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Conventional HSS segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steel covered in this report include ArcelorMittal, Baowu, POSCO, ThyssenKrupp, Nippon Steel, HYUNDAI Steel, JFE, Tatasteel and HBIS, etc.
The global Automotive Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ArcelorMittal
Baowu
POSCO
ThyssenKrupp
Nippon Steel
HYUNDAI Steel
JFE
Tatasteel
HBIS
United States Steel
Nucor
Global Automotive Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steel market, Segment by Type:
Low-strength Steel
Conventional HSS
AHSS
Others
Global Automotive Steel market, by Application
Commercial Vehicle
Passenger Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Automotive Steel market size is expected to reach US$ 194060 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Steel in various end use industries. The expanding demands from the Commercial Vehicle and Passenger Vehicle, are propelling Automotive Steel market. Low-strength Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Conventional HSS segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Steel covered in this report include ArcelorMittal, Baowu, POSCO, ThyssenKrupp, Nippon Steel, HYUNDAI Steel, JFE, Tatasteel and HBIS, etc.
The global Automotive Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ArcelorMittal
Baowu
POSCO
ThyssenKrupp
Nippon Steel
HYUNDAI Steel
JFE
Tatasteel
HBIS
United States Steel
Nucor
Global Automotive Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Steel market, Segment by Type:
Low-strength Steel
Conventional HSS
AHSS
Others
Global Automotive Steel market, by Application
Commercial Vehicle
Passenger Vehicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Steel Market Overview
1.1 Automotive Steel Product Overview
1.2 Automotive Steel Market Segment by Type
1.2.1 Low-strength Steel
1.2.2 Conventional HSS
1.2.3 AHSS
1.2.4 Others
1.3 Global Automotive Steel Market Size by Type
1.3.1 Global Automotive Steel Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Steel Sales Breakdown by Type (2018-2023)
2 Global Automotive Steel Market Competition by Company
2.1 Global Top Players by Automotive Steel Sales (2018-2023)
2.2 Global Top Players by Automotive Steel Revenue (2018-2023)
2.3 Global Top Players by Automotive Steel Price (2018-2023)
2.4 Global Top Manufacturers Automotive Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Steel Market Competitive Situation and Trends
2.5.1 Automotive Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Steel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Steel as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Steel Market
2.8 Key Manufacturers Automotive Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Steel Status and Outlook by Region
3.1 Global Automotive Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Steel Historic Market Size by Region
3.2.1 Global Automotive Steel Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Steel Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Steel Forecasted Market Size by Region
3.3.1 Global Automotive Steel Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Steel Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Steel by Application
4.1 Automotive Steel Market Segment by Application
4.1.1 Commercial Vehicle
4.1.2 Passenger Vehicle
4.2 Global Automotive Steel Market Size by Application
4.2.1 Global Automotive Steel Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Steel Sales Breakdown by Application (2018-2023)
5 North America Automotive Steel by Country
5.1 North America Automotive Steel Historic Market Size by Country
5.1.1 North America Automotive Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Steel Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Steel Sales in Value by Country (2018-2023)
5.2 North America Automotive Steel Forecasted Market Size by Country
5.2.1 North America Automotive Steel Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Steel Sales in Value by Country (2024-2029)
6 Europe Automotive Steel by Country
6.1 Europe Automotive Steel Historic Market Size by Country
6.1.1 Europe Automotive Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Steel Sales in Value by Country (2018-2023)
6.2 Europe Automotive Steel Forecasted Market Size by Country
6.2.1 Europe Automotive Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Steel by Region
7.1 Asia-Pacific Automotive Steel Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Steel Sales in Value by Region (2024-2029)
8 Latin America Automotive Steel by Country
8.1 Latin America Automotive Steel Historic Market Size by Country
8.1.1 Latin America Automotive Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Steel Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Steel Forecasted Market Size by Country
8.2.1 Latin America Automotive Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Steel by Country
9.1 Middle East and Africa Automotive Steel Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ArcelorMittal
10.1.1 ArcelorMittal Company Information
10.1.2 ArcelorMittal Introduction and Business Overview
10.1.3 ArcelorMittal Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ArcelorMittal Automotive Steel Products Offered
10.1.5 ArcelorMittal Recent Development
10.2 Baowu
10.2.1 Baowu Company Information
10.2.2 Baowu Introduction and Business Overview
10.2.3 Baowu Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Baowu Automotive Steel Products Offered
10.2.5 Baowu Recent Development
10.3 POSCO
10.3.1 POSCO Company Information
10.3.2 POSCO Introduction and Business Overview
10.3.3 POSCO Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 POSCO Automotive Steel Products Offered
10.3.5 POSCO Recent Development
10.4 ThyssenKrupp
10.4.1 ThyssenKrupp Company Information
10.4.2 ThyssenKrupp Introduction and Business Overview
10.4.3 ThyssenKrupp Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ThyssenKrupp Automotive Steel Products Offered
10.4.5 ThyssenKrupp Recent Development
10.5 Nippon Steel
10.5.1 Nippon Steel Company Information
10.5.2 Nippon Steel Introduction and Business Overview
10.5.3 Nippon Steel Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nippon Steel Automotive Steel Products Offered
10.5.5 Nippon Steel Recent Development
10.6 HYUNDAI Steel
10.6.1 HYUNDAI Steel Company Information
10.6.2 HYUNDAI Steel Introduction and Business Overview
10.6.3 HYUNDAI Steel Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 HYUNDAI Steel Automotive Steel Products Offered
10.6.5 HYUNDAI Steel Recent Development
10.7 JFE
10.7.1 JFE Company Information
10.7.2 JFE Introduction and Business Overview
10.7.3 JFE Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 JFE Automotive Steel Products Offered
10.7.5 JFE Recent Development
10.8 Tatasteel
10.8.1 Tatasteel Company Information
10.8.2 Tatasteel Introduction and Business Overview
10.8.3 Tatasteel Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tatasteel Automotive Steel Products Offered
10.8.5 Tatasteel Recent Development
10.9 HBIS
10.9.1 HBIS Company Information
10.9.2 HBIS Introduction and Business Overview
10.9.3 HBIS Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 HBIS Automotive Steel Products Offered
10.9.5 HBIS Recent Development
10.10 United States Steel
10.10.1 United States Steel Company Information
10.10.2 United States Steel Introduction and Business Overview
10.10.3 United States Steel Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 United States Steel Automotive Steel Products Offered
10.10.5 United States Steel Recent Development
10.11 Nucor
10.11.1 Nucor Company Information
10.11.2 Nucor Introduction and Business Overview
10.11.3 Nucor Automotive Steel Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Nucor Automotive Steel Products Offered
10.11.5 Nucor Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Steel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Steel Industrial Chain Analysis
11.4 Automotive Steel Market Dynamics
11.4.1 Automotive Steel Industry Trends
11.4.2 Automotive Steel Market Drivers
11.4.3 Automotive Steel Market Challenges
11.4.4 Automotive Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Steel Distributors
12.3 Automotive Steel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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