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Global Special Steel Market by Product (Bearing Steel, Free-cutting Steel, Heat-resistant Steel), Application (Automotive, Construction, Consumer Appliances) - Forecast 2023-2030

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    Report

  • 191 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5311212
UP TO OFF until Dec 31st 2024
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The Special Steel Market size was estimated at USD 186.39 billion in 2022, USD 192.47 billion in 2023, and is expected to grow at a CAGR of 3.96% to reach USD 254.37 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Special Steel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Special Steel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Special Steel Market, highlighting leading vendors and their innovative profiles. These include Aichi Steel Corporation, AK Steel International B.V., Aperam SA, ArcelorMittal S.A., Baosteel Stainless Steel Co., Ltd., Citic Limited, Daido Steel Co., Ltd., Deutsche Edelstahlwerke Specialty Steel GmbH & Co. KG, Dongbei Special Steel Group Co., Ltd., Gerdau S/A, Goel Steel Company, HBIS Group, Hyundai Steel Co. Ltd., JFE Holdings, Inc., Jiangsu Longqi Metal Manufacturing Co., Ltd., Montanstahl AG, Nanjing Nangang Iron & Steel United Co., Ltd., Nippon Koshuha Steel Co., Ltd., Outokumpu Oyj, POSCO, Salzgitter AG, Sandvik AB, SSAB AB, Subhlaxmi Special Steel Pvt. Ltd., Tata Steel Limited, Thyssenkrupp AG, TimkenSteel Corporation, United States Steel Corporation, and VDM Metals GmbH.

Market Segmentation & Coverage

This research report categorizes the Special Steel Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Bearing Steel
    • Free-cutting Steel
    • Heat-resistant Steel
    • High-Tensile Steel
      • Low-temprature Steel
      • Weathering Steel
    • Spring Steel
    • Stainless Steel
      • Austenitic Stainless Steel
      • Ferric Stainless Steel
      • Stainless Steel Pipe
    • Structural Alloy Steel
    • Structural Carbon Steel
    • Tool Steel
      • Alloy Tool Steel
      • Carbon Tool Steel
      • High Speed Steel
  • Application
    • Automotive
    • Construction
    • Consumer Appliances
    • Manufacturing
    • Petrochemicals
    • Shipping & Packaging
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Special Steel Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Special Steel Market?
  3. What are the technology trends and regulatory frameworks in the Special Steel Market?
  4. What is the market share of the leading vendors in the Special Steel Market?
  5. Which modes and strategic moves are suitable for entering the Special Steel Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Special Steel Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Significant Demand of Special Steel Due to Growth and Investments in Building & Construction Activities
5.1.1.2. Rising Adoption of Special Steel across Automobile and Aviation Sectors
5.1.2. Restraints
5.1.2.1. High Production Cost of Special Steel
5.1.3. Opportunities
5.1.3.1. New Launches and Advancements in Production Process of Special Steel
5.1.3.2. Strategic Alliances and Investments in Special Steel
5.1.4. Challenges
5.1.4.1. Operation and Maintenance Issues in the Production of Special Steel
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Special Steel Market, by Product
6.1. Introduction
6.2. Bearing Steel
6.3. Free-cutting Steel
6.4. Heat-resistant Steel
6.5. High-Tensile Steel
6.6.1. Low-temprature Steel
6.6.2. Weathering Steel
6.6. Spring Steel
6.7. Stainless Steel
6.8.1. Austenitic Stainless Steel
6.8.2. Ferric Stainless Steel
6.8.3. Stainless Steel Pipe
6.8. Structural Alloy Steel
6.9. Structural Carbon Steel
6.10. Tool Steel
6.11.1. Alloy Tool Steel
6.11.2. Carbon Tool Steel
6.11.3. High Speed Steel
7. Special Steel Market, by Application
7.1. Introduction
7.2. Automotive
7.3. Construction
7.4. Consumer Appliances
7.5. Manufacturing
7.6. Petrochemicals
7.7. Shipping & Packaging
8. Americas Special Steel Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Special Steel Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Special Steel Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aichi Steel Corporation
12.1.2. AK Steel International B.V.
12.1.3. Aperam SA
12.1.4. ArcelorMittal S.A.
12.1.5. Baosteel Stainless Steel Co., Ltd.
12.1.6. Citic Limited
12.1.7. Daido Steel Co., Ltd.
12.1.8. Deutsche Edelstahlwerke Specialty Steel GmbH & Co. KG
12.1.9. Dongbei Special Steel Group Co., Ltd.
12.1.10. Gerdau S/A
12.1.11. Goel Steel Company
12.1.12. HBIS Group
12.1.13. Hyundai Steel Co. Ltd.
12.1.14. JFE Holdings, Inc.
12.1.15. Jiangsu Longqi Metal Manufacturing Co., Ltd.
12.1.16. Montanstahl AG
12.1.17. Nanjing Nangang Iron & Steel United Co., Ltd.
12.1.18. Nippon Koshuha Steel Co., Ltd.
12.1.19. Outokumpu Oyj
12.1.20. POSCO
12.1.21. Salzgitter AG
12.1.22. Sandvik AB
12.1.23. SSAB AB
12.1.24. Subhlaxmi Special Steel Pvt. Ltd.
12.1.25. Tata Steel Limited
12.1.26. Thyssenkrupp AG
12.1.27. TimkenSteel Corporation
12.1.28. United States Steel Corporation
12.1.29. VDM Metals GmbH
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. SPECIAL STEEL MARKET RESEARCH PROCESS
FIGURE 2. SPECIAL STEEL MARKET SIZE, 2022 VS 2030
FIGURE 3. SPECIAL STEEL MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SPECIAL STEEL MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. SPECIAL STEEL MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. SPECIAL STEEL MARKET DYNAMICS
FIGURE 7. SPECIAL STEEL MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 8. SPECIAL STEEL MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. SPECIAL STEEL MARKET SIZE, BY APPLICATION, 2022 VS 2030 (%)
FIGURE 10. SPECIAL STEEL MARKET SIZE, BY APPLICATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 12. AMERICAS SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES SPECIAL STEEL MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 14. UNITED STATES SPECIAL STEEL MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA SPECIAL STEEL MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. SPECIAL STEEL MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 20. SPECIAL STEEL MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Aichi Steel Corporation
  • AK Steel International B.V.
  • Aperam SA
  • ArcelorMittal S.A.
  • Baosteel Stainless Steel Co., Ltd.
  • Citic Limited
  • Daido Steel Co., Ltd.
  • Deutsche Edelstahlwerke Specialty Steel GmbH & Co. KG
  • Dongbei Special Steel Group Co., Ltd.
  • Gerdau S/A
  • Goel Steel Company
  • HBIS Group
  • Hyundai Steel Co. Ltd.
  • JFE Holdings, Inc.
  • Jiangsu Longqi Metal Manufacturing Co., Ltd.
  • Montanstahl AG
  • Nanjing Nangang Iron & Steel United Co., Ltd.
  • Nippon Koshuha Steel Co., Ltd.
  • Outokumpu Oyj
  • POSCO
  • Salzgitter AG
  • Sandvik AB
  • SSAB AB
  • Subhlaxmi Special Steel Pvt. Ltd.
  • Tata Steel Limited
  • Thyssenkrupp AG
  • TimkenSteel Corporation
  • United States Steel Corporation
  • VDM Metals GmbH

Methodology

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Table Information