Automotive and Aerospace Industries Drive Demand for Specialty Steels: Global Market Insights 2023
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Automotive and Aerospace Industries Drive Demand for Specialty Steels: Global Market Insights 2023

Jul 13, 2023

Dublin, Aug. 09, 2023 (GLOBE NEWSWIRE) -- The "The Global Market for Specialty Steel 2023-2033" report has been added to's offering.

The Global Market for Specialty Steels 2023-2033 report offers comprehensive insights into the latest market developments, key drivers, and challenges, along with an analysis of end-use markets and global revenues.

Specialty steels, which encompass value-added steel grades designed for specific properties such as high strength, corrosion resistance, and wear resistance, are witnessing remarkable growth in the global market. The main segments of specialty steels include tool steel, stainless steel, electrical steel, wear-resistant steel, high-strength steel, as well as others like silicone steel and magnet alloys.

Key end-use industries, such as automotive, machinery, oil & gas, aerospace, power generation, and mold tooling, are driving the demand for these specialized steel products. Among the regions, Asia Pacific holds the largest market share in terms of demand for specialty steels.

The report's contents include:

Specialty steel technical analysis, covering types, properties, advanced materials under development, pros, and cons.

Market analysis, including an overview of the global steel market, market map, SWOT analysis, market trends & opportunities, recent industry developments & innovations, market growth drivers, and challenges.

Market segmentation by types.

End-use industry analysis, including Automotive, Machinery, Oil & Gas, Aerospace, Power Generation, and Mold Tooling.

Global market revenues, historical & forecast to 2033, segmented by end-use industry and region.

Competitive landscape analysis.

Future market outlook.

Furthermore, the report features 27 company profiles, presenting key players in the specialty steels market. Some of the prominent companies profiled include Aperam, Baosteel Group, JSW Steel, Nippon Steel Corp, Posco, Tata Steel, and ThyssenKrupp Steel.

Key Topics Covered:




4 THE GLOBAL MARKET4.1 The global steel market 2022-20234.2 Market map4.3 SWOT analysis4.4 Market trends and opportunities4.5 Recent industry developments and innovation4.6 Market growth drivers4.6.1 Vehicle lightweighting4.6.2 High strength materials in construction4.6.3 Oil & gas industry projects and developments4.6.4 Power infrastructure4.6.5 Lightweighting in aerospace4.6.6 Demand from manufacturing industries4.6.7 Demand from consumer goods market4.7 Market challenges4.8 Market segmentation4.9 End-use industries4.10 Global market revenues 2018-20334.11 Competitive landscape4.12 Future market outlook

5 COMPANY PROFILES (27 company profiles)


Companies Mentioned


Allegheny Technologies



Baosteel Group

Carpenter Technology

Daido Steel

Deutsche Edelstahlwerke

Hitachi Metals

Jindal Stainless

JSW Steel

Nachi-Fujikoshi Corp

Nippon Steel Corp

Nucor Corporation


Ovako AB


Precision Castparts Corp



Tata Steel

ThyssenKrupp Steel


Titanium Metals Corporation

Universal Stainless

Villares Metals


For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.'sThe report's contents include:Key Topics Covered:1 RESEARCH METHODOLOGY2 TERMS AND DEFINITIONS3 INTRODUCTION4 THE GLOBAL MARKET5 COMPANY PROFILES (27 company profiles)6 REFERENCESCompanies MentionedAbout