Alloy Strips Market, By Alloy Type, By End-Use Industry, By Form, By Thickness Range, By Width Range, By Surface Finish, By Alloy Formulation, By Application, By Geography

Description

The Global Alloy Strips Market size was valued at US$ 28.04 Bn in 2023 and is expected to reach US$ 41.60 Bn by 2030, grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 28.04 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	5.80%	2030 Value Projection:	US$ 41.60 Bn

Figure 1. Global Alloy Strips Market Share (%), by Region, 2023

Metal strips are made of non-ferrous alloys. These strips are used in the aerospace, power, marine, and chemical processing industries. Nickel alloy 825 strip is a corrosion resistant material that resists chloride-ion stress-corrosion cracking. Its high chromium and molybdenum content provides resistance to oxidizing and reducing chemicals. Alloy strips are thin, flat pieces of metal that are made by combining two or more metallic elements to create a new material with specific properties. The most common alloys used for strips include stainless steel, aluminum, copper, and brass. These alloys are often chosen for their unique properties, such as strength, corrosion resistance, electrical conductivity, and thermal conductivity. The thickness and width of alloy strips can vary depending on the intended application. They can be produced in a range of sizes and thicknesses to meet specific requirements. Additionally, alloy strips can be further processed through cutting, bending, and welding to create custom shapes and sizes.

Market Dynamics:

Increasing industrial applications, growing infrastructure development, and technological advancements are anticipated to drive growth of the global alloy strips market over the forecast period. Moreover, the replacement of traditional materials is also expected to boost the growth of the global alloy strips market over the forecast period. Advancements in alloy formulations, light weighting initiatives, sustainable and green initiatives, and the growing renewable energy sector are expected to create growth opportunities for the global alloy strips market during the forecast period.

However, volatile raw material prices, stringent environmental regulations, and intense competition are expected to hamper growth of the alloy strips market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global alloy strips market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global alloy strips market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Nippon Steel Corporation, Thyssenkrupp AG, ArcelorMittal, Tata Steel, Outokumpu Oyj, Aperam, VDM Metals GmbH, Jindal Stainless Limited, Allegheny Technologies Incorporated, Ulbrich Stainless Steels & Special Metals, Inc., Carpenter Technology Corporation, Nucor Corporation, Daido Steel Co., Ltd., Sandvik AB, Elgiloy Specialty Metals
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global alloy strips market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global alloy strips market

Alloy Strips market Detailed Segmentation:

By Alloy Type:
- Aluminum Alloys
- Stainless Steel Alloys
- Copper Alloys
- Nickel Alloys
- Titanium Alloys
- Others
By End-Use Industry:
- Automotive
- Aerospace and Defense
- Electronics and Electrical
- Construction and Architecture
- Manufacturing
- Energy and Utilities
- Consumer Goods
- Others
By Form:
- Flat Alloy Strips
- Coiled Alloy Strips
By Thickness Range:
- Thin Alloy Strips (< 0.2 mm)
- Medium Alloy Strips (0.2 - 2 mm)
- Thick Alloy Strips (> 2 mm)
By Width Range:
- Narrow Alloy Strips (< 100 mm)
- Medium Alloy Strips (100 - 500 mm)
- Wide Alloy Strips (> 500 mm)
By Surface Finish:
- Mill Finish
- Polished Finish
- Brushed Finish
- Others
By Alloy Formulation:
- Binary Alloys
- Ternary Alloys
- Quaternary Alloys
- Others
By Application:
- Heat Exchangers and Radiators
- Electrical Connectors and Switches
- Roofing and Cladding
- Automotive Structural Components
- Printed Circuit Boards (PCBs)
- Electronic Enclosures
- Semiconductor Packaging
- Consumer Electronics Components
- Oil and Gas Pipelines
- Marine Components
- Architectural Trim
- Others
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Company Profiles:
- Nippon Steel Corporation
- Thyssenkrupp AG
- ArcelorMittal
- Tata Steel
- Outokumpu Oyj
- Aperam
- VDM Metals GmbH
- Jindal Stainless Limited
- Allegheny Technologies Incorporated
- Ulbrich Stainless Steels & Special Metals, Inc.
- Carpenter Technology Corporation
- Nucor Corporation
- Daido Steel Co., Ltd.
- Sandvik AB
- Elgiloy Specialty Metals

Product Code: CMI6137

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Alloy Strips Market, By Alloy Type
- Alloy Strips Market, By End-Use Industry
- Alloy Strips Market, By Form
- Alloy Strips Market, By Thickness Range
- Alloy Strips Market, By Width Range
- Alloy Strips Market, By Surface Finish
- Alloy Strips Market, By Alloy Formulation
- Alloy Strips Market, By Application
- Alloy Strips Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing Industrial Applications
Growing Infrastructure Development
Technological Advancements
- Restraints
Volatile Raw Material Prices
Stringent Environmental Regulations
Intense Competition
- Opportunities
Advancements in Alloy Formulations
Light weighting Initiatives
Sustainable and Green Initiatives
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Alloy Strips Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Alloy Strips Market , By Alloy Type, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
Aluminum Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Stainless Steel Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Copper Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Nickel Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Titanium Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

6. Alloy Strips Market , By End-Use Industry, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Aerospace and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Electronics and Electrical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Construction and Architecture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Energy and Utilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Consumer Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

7. Alloy Strips Market, By Form, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Flat Alloy Strips
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Coiled Alloy Strips
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

8. Alloy Strips Market , By Thickness Range, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Thin Alloy Strips (< 0.2 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Medium Alloy Strips (0.2 - 2 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Thick Alloy Strips (> 2 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

9. Alloy Strips Market, By Width Range, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Narrow Alloy Strips (< 100 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Medium Alloy Strips (100 - 500 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Wide Alloy Strips (> 500 mm)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

10. Alloy Strips Market, By Surface Finish, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Mill Finish
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Polished Finish
Brushed Finish
Others

11. Alloy Strips Market, By Alloy Formulation, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Binary Alloys
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Ternary Alloys
Quaternary Alloys
Others

12. Alloy Strips Market , By Application, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Heat Exchangers and Radiators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Electrical Connectors and Switches
Roofing and Cladding
Automotive Structural Components
Printed Circuit Boards (PCBs)
Electronic Enclosures
Semiconductor Packaging
Consumer Electronics Components
Oil and Gas Pipelines
Marine Components
Architectural Trim
Others

13. Alloy Strips Market , By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Alloy Type, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-Use Industry Industry, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Thickness Range, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Width Range, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Surface Finish, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Alloy Formulation, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
Europe
Asia-Pacific
Latin America
Middle East & Africa

14. Competitive Landscape

Nippon Steel Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Thyssenkrupp AG
ArcelorMittal
Tata Steel
Outokumpu Oyj
Aperam
VDM Metals GmbH
Jindal Stainless Limited
Allegheny Technologies Incorporated
Ulbrich Stainless Steels & Special Metals, Inc.
Carpenter Technology Corporation
Nucor Corporation
Daido Steel Co., Ltd.
Sandvik AB
Elgiloy Specialty Metals
Analyst Views

15. Section

Research Methodology
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