AUTOMOTIVE HIGH STRENGTH STEEL MARKET

INTRODUCTION

Automotive High Strength Steel (AHSS) are steels with a multiphase microstructure that contains one or more phases in sufficient amounts to produce distinctive mechanical properties, such as martensite, bainite, austenite, and/or retained austenite.

Some varieties of AHSS have a better strain hardening capacity than typical steels, resulting in a superior strength-ductility balance. Other varieties have extremely high yield and tensile strengths, as well as bake hardening properties.

AUTOMOTIVE HIGH STRENGTH STEEL MARKET SIZE AND FORECAST

The Global Automotive High Strength Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

AUTOMOTIVE HIGH STRENGTH STEEL MARKETNEW PRODUCT LAUNCH

JFE Steel Corporation and thyssenkrupp Steel Europe (tkSE), Germany's largest steel producer, announced the launch of new high-strength steel sheets capable of cold forming for the fabrication of vehicle frame components in the 980- and 1180MPa classes. 

When compared to standard high-tensile steel sheets, the products attain higher yield strength and ductility, particularly superior local ductility, resulting in lighter-weight automotive body frames ("body in white") and improved crash safety performance. 

The Ram exhibit at the North American International Auto Show includes an interactive steel installation. The display was created in partnership with Ram by the Steel Market Development Institute (SMDI), a commercial unit of the American Iron and Steel Institute (AISI). In the cab and frame of the all-new 2019 Ram 1500, high-strength steel is used extensively.

According to Ram, this is the strongest 1500 yet, with a frame made of more than 98 percent high-strength steel and a core body structure made of 54 percent high-strength steel. Noise, vibration, and harshness (NVH) reduction measures, weight reductions of roughly 225 pounds, and increased rigidity for improved handling and longevity are all possible thanks to the use of high-strength steel in the frame.

AUTOMOTIVE HIGH STRENGTH STEEL MARKETCOMPANY PROFILE

• Voestalpine
• POSCO
• ThyssenKrupp
• SSAB
• United States Steel Corporation
• ArcelorMittal
• Baowu Group
• Ansteel

AUTOMOTIVE HIGH STRENGTH STEEL MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perGlobal Automotive High Strength Steel Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aGlobal Automotive High Strength Steel Marketin the US, Europe and China?
3. How manyGlobal Automotive High Strength Steel Marketsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aGlobal Automotive High Strength Steel Marketand key vendor selection criteria
6. Where is theGlobal Automotive High Strength Steel Market manufactured? What is the average margin per equipment?
7. Market share ofGlobal Automotive High Strength Steel Marketmanufacturers and their upcoming products
8. The most important planned Global Automotive High Strength Steel Marketin next 2 years
9. Details on network of majorGlobal Automotive High Strength Steel Marketand pricing plans
10. Cost advantage for OEMs who manufactureGlobal Automotive High Strength Steel Marketin-house
11. 5 key predictions for next 5 years inGlobal Automotive High Strength Steel Market
12. Average B-2-BGlobal Automotive High Strength Steel Marketprice in all segments
13. Latest trends inGlobal Automotive High Strength Steel Market, by every market segment
14. The market size (both volume and value) ofGlobal Automotive High Strength Steel Marketin 2024-2030 and every year in between?
15. Global production breakup ofGlobal Automotive High Strength Steel Market, by suppliers and their OEM relationship