Press Hardened Steels (PHS) Market to Reach USD 12.25 Billion by 2032 at 10.85% CAGR
According to WiseGuy Reports, the Press Hardened Steels (PHS) Market was valued at USD 5.37 billion in 2024, rising from USD 4.85 billion in 2023, and is projected to reach USD 12.25 billion by 2032, expanding at a CAGR of 10.85%. Market growth is being fueled by the increasing demand for lightweight vehicles, stringent automotive safety regulations, expanding use of advanced high-strength...