Tag Archives: Automotive Steel Market

Automotive Steel Market Insights: Size, Growth, and Forecast [USD 125.79 Billion, 6.80% CAGR]

The global automotive steel market has demonstrated remarkable growth, with its market size reaching USD 125.79 billion in 2023. Forecasts indicate continued expansion to USD 186.47 billion by 2029, driven by a compound annual growth rate (CAGR) of 6.80%. The rising demand for lightweight, high-strength materials, advancements in steel production technologies, and the growing emphasis on sustainability are… Read More »

Automotive Steel Market Fueling Progress- Powers Ahead to $118.37 Billion in 2022

According to TechSci Research report, “Automotive Steel Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Steel Market stood at USD 118.37 billion in 2022 and is anticipated to grow with a CAGR of 6.67 in the forecast period, 2024-2028. The Global Automotive Steel Market is a cornerstone of the automotive industry, playing… Read More »