Los Angeles, CA -- (SBWIRE) -- 08/14/2019 -- We can change the organizational structure of the steel by adding one or several alloy elements into carbon steel. And the steel can have a variety of special performance.
Special steel refers to steel produced using special techniques, with special characteristics and special purposes. Categorized by shape, special steel includes bar steel, plates, strip steel, tube steel and wire steel.
First, for industry structure analysis, the Special Steel industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for 17.25% of the revenue market. Regionally, Asia-Pacific is the biggest revenue area, also the leader in the whole Special Steel industry.
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Second, the sales of Special Steel increased from 191857 K MT in 2012 to 202530 K MT in 2016 with an average growth rate of 1.38%.
Third, Asia-Pacific occupied 62.11% of the sales market in 2016. It is followed by Europe and North America, which respectively account for around 16.92% and 12.99% of the global total industry. Other countries have a smaller amount of sales.
The global Special Steel market was 208500 million US$ in 2018 and is expected to 254000 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
This report studies the Special Steel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Special Steel in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Dongbei Special Steel
Xining Special Steel
By the product type, the market is primarily split into
Tool Steel and Die Steel
By the end users/application, this report covers the following segments
Petrochemicals & Energy Industry
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