The Business Research Company’s Automotive Steel Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Steel Global Market Report 2023 evaluates automotive steel market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.


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The global automotive steel market size is expected to grow from $107.81 billion in 2022 to $113.76 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive steel market size is expected to reach $135.24 billion in 2027 at a CAGR of 4.4%.

The automotive steel market segments in the report are:
1) By Component: Mild Steel, Alloy Steel, High Strength Steel, Advanced High Strength
2) By Process: Basic Oxygen Furnace (BOF), Electric Arc Furnace (EAF)
3) By Application: Body structure, Power train, Suspension, Other Applications
4) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles

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The table of contents in TBRC’s automotive steel market report includes:
1. Executive Summary
2. Automotive Steel Market Characteristics
3. Automotive Steel Market Trends And Strategies
4. Automotive Steel Market - Macro Economic Scenario
5. Automotive Steel Market Size And Growth
……
26. Africa Automotive Steel Market
27. Automotive Steel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Steel Market
29. Automotive Steel Market Future Outlook and Potential Analysis
30. Appendix

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