Special Steel Market 2019-2028
New Study Reports “Special Steel Market 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2028” Added in Wiseguyreports.com.
Report Details:
Steel is a combination of two different elements, most commonly carbon and iron but there may be some other elements added to it as well. It is a low-cost material that has high tensile strength. There are two different allotropes of iron that are used to manufacture special steel and based on the allotrope being used steel gets its unique properties. Pure iron is ductile and is easily formed. However, the addition of carbon and other elements contributes to the hardness of steel.
Special steel is an alloy of iron, nickel, chromium, and carbon that can be used as structural steel as well. When carbon is added to steel the ductility of the material along with the various qualities is controlled. The hardness, annealing process, tensile strength among others are enhanced. The increase in these various properties is only possible when the ductility of iron is reduced. Mass-produced special steel became viable only after the mid 19th century when the Bessemer process was invented.
The global special steel market has been comprehensively analyzed in the report and the various factors that can affect the growth of the market have been identified and are presented in the report. The different manufacturers in each of the regions who lead the market growth share in terms of both the value of products manufactured and the volume of the goods sold are discussed in detail in the report. The market challenges faced by a company and the different risks associated with the market are also included in the report.
important key players Analysis: NSSMC, POSCO, JFE, Gerdau, Citic Pacific, ThyssenKrupp AG, TISCO, Aperam, Outokumpu, Dongbei Special Steel, Nanjing Steel, Voestalpine, Hyundai, AK Steel, Baosteel, DAIDO Steel, SSAB, Sandvik, HBIS, Sanyo, Ovako, Xining Special Steel, Shagang Group, Aichi Steel, Nippon Koshuha, Timken Steel and more.
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Market Segmentation
The global special steel market is divided into different segments according to the different types of special steel available, the different applications that they can be used for and the various sales channels that are used to market the product.
Market split according to type: According to the composition of the different types of elements that are used in the manufacture of the alloy the different types are:
- Structural Steel
- Tool Steel and Die Steel
- Stainless Steel
- Others
Market split according to application:
- Automobile Industry
- Machine Manufacturing
- Petrochemicals & Energy Industry
Regional Analysis
The special steel market is divided into different market regions according to the location of the different regions. In the North American region, the major countries included are Mexico, Canada, and the United States of America. The other regions that are included in the report are Europe, Asia-Pacific, South America, Africa, and the Middle East. The important countries in each of these regions are covered and the data collected is analyzed and is presented in the report. The global special steel market data has been presented from the year 2013 to the year 2018. Extensive market forecasts from the year 2019 to the year 2028 are presented regarding the market.
Key Stakeholders
Special Steel Manufacturers
Special Steel Distributors/Traders/Wholesalers
Special Steel Sub component Manufacturers
Industry Association
Downstream Vendors
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Industry News
Arjas Steel Private Limited is planning on investing Rs.200 crore to expand its existing plant. The Anantapur based company is also mulling over the addition of a Research & Development (R&D) facility. The current capacity of the present manufacturing facility is three lakh tonnes of special steel per year with it has reached its full capacity.
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