The report "Ultra-High Strength Steel Market by Type (Dual Phase, Complex Phase, Multiphase, Martensitic, Transformation-Induced Plasticity), End-Use Industry (Automotive and Aerospace & Defense), and Region - Global Forecast to 2022", The ultra-high strength steel market is estimated to be USD 7.96 Billion in 2017 and is projected to reach USD 11.35 Billion by 2022, at a CAGR of 7.35% from 2017 to 2022. Rapid industrialization in emerging countries and the increased demand for ultra-high strength steels in the automotive, aerospace, and construction industries are key factors anticipated to drive the growth of the ultra-high strength steel market.
Browse 84 Market Data Tables and 33 Figures spread through 138 Pages and in-depth TOC on "Ultra-High Strength Steel Market"
Download PDF Brochure of this Full Report - https://www.marketsandmarkets.com/pdfdownload.asp?id=55662062
Based on type, the dual phase segment of the ultra-high strength steel market is projected to grow at the highest CAGR from 2017 to 2022.
Based on type, the ultra-high strength steel market has been segmented into dual phase, complex phase, multiphase, martensitic, transformation-induced plasticity, and others. The dual phase type segment of the ultra-high strength steel market is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the exceptional properties of dual phase steels that include high strength, improved drawability, and high strain hardenability.
|