Forecasting substitution behaviour of high corrosion-resistant steel by fitting a technology growth curve

Kyung-Hee Jung

International Journal of Business and Systems Research, 2009, vol. 3, issue 2, 216-228

Abstract: Corrosion protection is one of the main concerns in the steel-consuming industries such as the construction and automotive industries. This paper considers technological substitution of corrosion-resistant zinc-aluminium alloyed coated steels in the rapid changes in technology opportunities and threats. Substitution behaviour of galvanised steel is discussed in the most steel-consuming industries, including the impact of price change in raw materials. Then, the technology adoption model of zinc-55%aluminium coated steel is considered in Japan, Korea and China. Finally, the future behaviours of substituting zinc-aluminium coated steel in these countries are predicted by fitting a Fisher-Pry technology growth curve.

Keywords: corrosion resistance; forecasting; growth curve; technological substitution; substitution behaviour; technological change; technology adoption model; TAM; zinc; aluminium alloy; coated steel; corrosion protection; galvanised steel; Japan; Korea; China. (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbsre:v:3:y:2009:i:2:p:216-228

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