Nucor, ArcelorMittal, POSCO – Amite Tangy Digest



Advance Market Analytics has released a new research publication on “Alloy Steel Market Insights, to 2026” with 232 pages and enriched with self-explanatory tables and charts in a presentable format. In the study, you will find new evolutionary trends, drivers, restraints and opportunities generated by targeting stakeholders associated with the market. The growth of the alloy steel market has been primarily driven by increased R&D spending around the world.

The list of major players presented in the study includes market overview, business strategies, financial data, development activities, market share and SWOT analysis:
Baosteel (China), Nippon Steel & Sumitomo Metal Corporation (Japan), Tata Steel (India), Nucor Corporation (United States), ArcelorMittal (Luxembourg), POSCO (South Korea), JFE Steel (Japan), ThyssenKrupp (Germany ), JSW Steel Ltd (India), USSteel (United States)

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Brief overview on alloy steel:
Alloy steel is known as steel which contains small amounts of one or more alloying elements other than carbon like manganese, nickel, silicon, titanium, chromium, copper and l aluminum added. This produces specific properties that are not found in ordinary carbon steel. Alloy steels are the workhorses of an industry because of their high availability, economic cost, ease of processing and good mechanical properties. Alloy steels are fundamentally more sensitive to heat and mechanical treatments than carbon steels. The market for alloy steel is growing due to increasing technological advancements and the increase in its use in the automotive industry. Although there are some factors such as high production cost due to the rising price of the raw material, it hampers the growth of the market.

Key Market Trends:
Growing demand for high strength steels in the Asia-Pacific region

Increased investments and support required from governments of different countries

Market growth drivers:
Technological advancement in the alloy steel fabrication process

Growing automotive industry

Segmentation of the global alloy steel market:
by type (low alloy steels, high alloy steels), application (automotive, machinery, oil and gas, others)

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Geographically, the following regions as well as the national / local markets listed are fully investigated:
• APAC (Japan, China, South Korea, Australia, India and rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, rest of Europe; the rest of Europe is divided into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic , Slovakia, Hungary and Romania)
• North America (United States, Canada and Mexico)
• South America (Brazil, Chile, Argentina, rest of South America)
• MEA (Saudi Arabia, United Arab Emirates, South Africa)

In addition, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for the estimate – 2020
Recent estimated year – 2021
Forecast period ** – 2021 to 2026 [** unless otherwise stated]

Browse Complete Table of Contents @:

TOC Summaries of the Global Alloy Steel Market Research

Chapter 1: Exclusive Summary of Alloy Steel Market
Chapter 2: Study Objective and Research Scope of Alloy Steel Market
Chapter 3: Porters Five Forces, Supply / Value Chain, PESTEL Analysis, Market Entropy, Patent / Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region / Country 2016-2026
Chapter 5: Decision-making framework
Chapter 6: Market Dynamics – Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix and Company Profile
Chapter 8: Annex, methodology and data source

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