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

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  • Kyung-Hee Jung

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.

Suggested Citation

  • Kyung-Hee Jung, 2009. "Forecasting substitution behaviour of high corrosion-resistant steel by fitting a technology growth curve," International Journal of Business and Systems Research, Inderscience Enterprises Ltd, vol. 3(2), pages 216-228.
    • Handle: RePEc:ids:ijbsre:v:3:y:2009:i:2:p:216-228
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