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The steel market size is estimated to grow by 207.46 million tons at a CAGR of 2.17% between 2022 and 2027. Market growth relies on several factors, including an increase in the consumption of high-strength steel, its corrosion resistance, excellent mechanical properties, and the growing demand from the construction sector. These elements drive the expansion of the market, catering to diverse industries' needs for durable and high-performance materials. High-strength steel's ability to withstand harsh conditions and provide structural integrity makes it a preferred choice in construction and other sectors requiring robust materials. With the construction industry's steady growth and the increasing demand for high-strength, corrosion-resistant materials, the market for high-strength steel is expected to experience significant expansion in the coming years, reflecting its importance in various industrial applications.
It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report consists of historic market data from 2017 to 2021.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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