Rising Manufacturing Activity and Engineering Applications Support...

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2026-08-19 11:10:38 -

Rising Manufacturing Activity and Engineering Applications Support Long-Term Growth of the Global Alloy Steel Market

According to a new report by Polaris Market Research, the global alloy steel market was valued at USD 82.05 billion in 2024 and is projected to reach USD 162.35 billion by 2034, expanding at a CAGR of 7.1% over the forecast period. Growth is underpinned by rising automotive demand, expanding construction and infrastructure investment, and accelerating adoption of alloy steel in...

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