Key High Strength Steel Market Report Highlights:
- Market growth 2020-2025: USD 13.73 billion
- Growth momentum & CAGR: Accelerate at a CAGR of 9.86%
- YoY growth (%): 9.04%
- Performing market contribution: APAC at 47%
- Key consumer countries: US, India, China, Japan, and Germany
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Regional Market Analysis
- 47% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for high strength steel in APAC.
- Market growth in this region will be faster than the growth of the market in the European North American, and South American regions.
- The rapid industrialization and the increasing infrastructural developments will facilitate the high strength steel market growth in APAC over the forecast period.
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Key Vendors and Vendor Strategies
- ArcelorMittal SA, Essar Steel…