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Global Steel Alloys Market Research Report 2025
Synopsis
Steel is the most commonly used metal in structural engineering,steels have high elastic modulus (three times stiffer than aluminium) together with good fatigue resistance and fracture toughness.
The global Steel Alloys market was valued at US$ 1607850 million in 2023 and is anticipated to reach US$ 1317980 million by 2030, witnessing a CAGR of -2.8% during the forecast period 2024-2030.
The decline in the Steel Alloys market can be attributed to a confluence of factors that have collectively impacted the industry. One significant factor is the cyclical nature of the steel market, which often experiences fluctuations in demand due to economic downturns and changing consumer behaviors. The global economic slowdown, exacerbated by events such as the COVID-19 pandemic, has led to reduced demand from key sectors such as automotive, construction, and manufacturing, causing an oversupply of steel alloys and price pressures. Additionally, the increasing adoption of alternative materials, such as aluminum alloys, composites, and advanced plastics, in various applications has challenged the dominance of steel alloys in certain industries. Environmental concerns and emissions regulations have also pushed some sectors to explore lighter, more fuel-efficient materials, potentially reducing long-term demand for traditional steel alloys. Moreover, trade tensions, tariffs, and global supply chain disruptions have added to the challenges faced by the steel industry. Despite these declines, the steel alloys market remains resilient, with ongoing efforts to innovate and adapt by developing high-strength and specialty steel alloys for emerging applications, such as renewable energy and electric vehicles, which may lead to future opportunities for growth.
This report aims to provide a comprehensive presentation of the global market for Steel Alloys, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Alloys.
Report Scope
The Steel Alloys market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steel Alloys market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steel Alloys manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
China Baowu Group
ArcelorMittal
Ansteel Group
Nippon Steel Corporation
Shagang Group
POSCO
HBIS Group
Jianlong Group
Shougang Group
Tata Steel Group
Segment by Type
Binary Alloy
Ternary Alloy
Multielement Alloy
Segment by Application
Aviation Industry
Military Industry
Industrial Manufacture
Medical Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Steel Alloys manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Steel Alloys by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Steel Alloys in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Steel is the most commonly used metal in structural engineering,steels have high elastic modulus (three times stiffer than aluminium) together with good fatigue resistance and fracture toughness.
The global Steel Alloys market was valued at US$ 1607850 million in 2023 and is anticipated to reach US$ 1317980 million by 2030, witnessing a CAGR of -2.8% during the forecast period 2024-2030.
The decline in the Steel Alloys market can be attributed to a confluence of factors that have collectively impacted the industry. One significant factor is the cyclical nature of the steel market, which often experiences fluctuations in demand due to economic downturns and changing consumer behaviors. The global economic slowdown, exacerbated by events such as the COVID-19 pandemic, has led to reduced demand from key sectors such as automotive, construction, and manufacturing, causing an oversupply of steel alloys and price pressures. Additionally, the increasing adoption of alternative materials, such as aluminum alloys, composites, and advanced plastics, in various applications has challenged the dominance of steel alloys in certain industries. Environmental concerns and emissions regulations have also pushed some sectors to explore lighter, more fuel-efficient materials, potentially reducing long-term demand for traditional steel alloys. Moreover, trade tensions, tariffs, and global supply chain disruptions have added to the challenges faced by the steel industry. Despite these declines, the steel alloys market remains resilient, with ongoing efforts to innovate and adapt by developing high-strength and specialty steel alloys for emerging applications, such as renewable energy and electric vehicles, which may lead to future opportunities for growth.
This report aims to provide a comprehensive presentation of the global market for Steel Alloys, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Alloys.
Report Scope
The Steel Alloys market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steel Alloys market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steel Alloys manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
China Baowu Group
ArcelorMittal
Ansteel Group
Nippon Steel Corporation
Shagang Group
POSCO
HBIS Group
Jianlong Group
Shougang Group
Tata Steel Group
Segment by Type
Binary Alloy
Ternary Alloy
Multielement Alloy
Segment by Application
Aviation Industry
Military Industry
Industrial Manufacture
Medical Industry
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Steel Alloys manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Steel Alloys by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Steel Alloys in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Steel Alloys Market Overview
1.1 Product Definition
1.2 Steel Alloys Segment by Type
1.2.1 Global Steel Alloys Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Binary Alloy
1.2.3 Ternary Alloy
1.2.4 Multielement Alloy
1.3 Steel Alloys Segment by Application
1.3.1 Global Steel Alloys Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Aviation Industry
1.3.3 Military Industry
1.3.4 Industrial Manufacture
1.3.5 Medical Industry
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Steel Alloys Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Steel Alloys Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Steel Alloys Production Estimates and Forecasts (2019-2030)
1.4.4 Global Steel Alloys Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Steel Alloys Production Market Share by Manufacturers (2019-2024)
2.2 Global Steel Alloys Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Steel Alloys, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Steel Alloys Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Steel Alloys Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Steel Alloys, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Steel Alloys, Product Offered and Application
2.8 Global Key Manufacturers of Steel Alloys, Date of Enter into This Industry
2.9 Steel Alloys Market Competitive Situation and Trends
2.9.1 Steel Alloys Market Concentration Rate
2.9.2 Global 5 and 10 Largest Steel Alloys Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Steel Alloys Production by Region
3.1 Global Steel Alloys Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Steel Alloys Production Value by Region (2019-2030)
3.2.1 Global Steel Alloys Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Steel Alloys by Region (2025-2030)
3.3 Global Steel Alloys Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Steel Alloys Production by Region (2019-2030)
3.4.1 Global Steel Alloys Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Steel Alloys by Region (2025-2030)
3.5 Global Steel Alloys Market Price Analysis by Region (2019-2024)
3.6 Global Steel Alloys Production and Value, Year-over-Year Growth
3.6.1 North America Steel Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Steel Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Steel Alloys Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Steel Alloys Production Value Estimates and Forecasts (2019-2030)
4 Steel Alloys Consumption by Region
4.1 Global Steel Alloys Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Steel Alloys Consumption by Region (2019-2030)
4.2.1 Global Steel Alloys Consumption by Region (2019-2024)
4.2.2 Global Steel Alloys Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Steel Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Steel Alloys Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Steel Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Steel Alloys Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Steel Alloys Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Steel Alloys Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Steel Alloys Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Steel Alloys Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Steel Alloys Production by Type (2019-2030)
5.1.1 Global Steel Alloys Production by Type (2019-2024)
5.1.2 Global Steel Alloys Production by Type (2025-2030)
5.1.3 Global Steel Alloys Production Market Share by Type (2019-2030)
5.2 Global Steel Alloys Production Value by Type (2019-2030)
5.2.1 Global Steel Alloys Production Value by Type (2019-2024)
5.2.2 Global Steel Alloys Production Value by Type (2025-2030)
5.2.3 Global Steel Alloys Production Value Market Share by Type (2019-2030)
5.3 Global Steel Alloys Price by Type (2019-2030)
6 Segment by Application
6.1 Global Steel Alloys Production by Application (2019-2030)
6.1.1 Global Steel Alloys Production by Application (2019-2024)
6.1.2 Global Steel Alloys Production by Application (2025-2030)
6.1.3 Global Steel Alloys Production Market Share by Application (2019-2030)
6.2 Global Steel Alloys Production Value by Application (2019-2030)
6.2.1 Global Steel Alloys Production Value by Application (2019-2024)
6.2.2 Global Steel Alloys Production Value by Application (2025-2030)
6.2.3 Global Steel Alloys Production Value Market Share by Application (2019-2030)
6.3 Global Steel Alloys Price by Application (2019-2030)
7 Key Companies Profiled
7.1 China Baowu Group
7.1.1 China Baowu Group Steel Alloys Corporation Information
7.1.2 China Baowu Group Steel Alloys Product Portfolio
7.1.3 China Baowu Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.1.4 China Baowu Group Main Business and Markets Served
7.1.5 China Baowu Group Recent Developments/Updates
7.2 ArcelorMittal
7.2.1 ArcelorMittal Steel Alloys Corporation Information
7.2.2 ArcelorMittal Steel Alloys Product Portfolio
7.2.3 ArcelorMittal Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ArcelorMittal Main Business and Markets Served
7.2.5 ArcelorMittal Recent Developments/Updates
7.3 Ansteel Group
7.3.1 Ansteel Group Steel Alloys Corporation Information
7.3.2 Ansteel Group Steel Alloys Product Portfolio
7.3.3 Ansteel Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ansteel Group Main Business and Markets Served
7.3.5 Ansteel Group Recent Developments/Updates
7.4 Nippon Steel Corporation
7.4.1 Nippon Steel Corporation Steel Alloys Corporation Information
7.4.2 Nippon Steel Corporation Steel Alloys Product Portfolio
7.4.3 Nippon Steel Corporation Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Nippon Steel Corporation Main Business and Markets Served
7.4.5 Nippon Steel Corporation Recent Developments/Updates
7.5 Shagang Group
7.5.1 Shagang Group Steel Alloys Corporation Information
7.5.2 Shagang Group Steel Alloys Product Portfolio
7.5.3 Shagang Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Shagang Group Main Business and Markets Served
7.5.5 Shagang Group Recent Developments/Updates
7.6 POSCO
7.6.1 POSCO Steel Alloys Corporation Information
7.6.2 POSCO Steel Alloys Product Portfolio
7.6.3 POSCO Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.6.4 POSCO Main Business and Markets Served
7.6.5 POSCO Recent Developments/Updates
7.7 HBIS Group
7.7.1 HBIS Group Steel Alloys Corporation Information
7.7.2 HBIS Group Steel Alloys Product Portfolio
7.7.3 HBIS Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.7.4 HBIS Group Main Business and Markets Served
7.7.5 HBIS Group Recent Developments/Updates
7.8 Jianlong Group
7.8.1 Jianlong Group Steel Alloys Corporation Information
7.8.2 Jianlong Group Steel Alloys Product Portfolio
7.8.3 Jianlong Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Jianlong Group Main Business and Markets Served
7.7.5 Jianlong Group Recent Developments/Updates
7.9 Shougang Group
7.9.1 Shougang Group Steel Alloys Corporation Information
7.9.2 Shougang Group Steel Alloys Product Portfolio
7.9.3 Shougang Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shougang Group Main Business and Markets Served
7.9.5 Shougang Group Recent Developments/Updates
7.10 Tata Steel Group
7.10.1 Tata Steel Group Steel Alloys Corporation Information
7.10.2 Tata Steel Group Steel Alloys Product Portfolio
7.10.3 Tata Steel Group Steel Alloys Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Tata Steel Group Main Business and Markets Served
7.10.5 Tata Steel Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Steel Alloys Industry Chain Analysis
8.2 Steel Alloys Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Steel Alloys Production Mode & Process
8.4 Steel Alloys Sales and Marketing
8.4.1 Steel Alloys Sales Channels
8.4.2 Steel Alloys Distributors
8.5 Steel Alloys Customers
9 Steel Alloys Market Dynamics
9.1 Steel Alloys Industry Trends
9.2 Steel Alloys Market Drivers
9.3 Steel Alloys Market Challenges
9.4 Steel Alloys Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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