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Global Steel Market with Focus on Stainless Steel Market: Size, Trends & Forecasts (2019-2023)

Publisher Name :
Date: 01-Feb-2019
No. of pages: 110

Scope of the Report

The report entitled “Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2019-2023)” provides an in-depth analysis of the stainless steel market including detailed description of market sizing and growth. The report provides analysis of the steel market by production and by demand. The report further provides detailed analysis of the global stainless steel market by value, by consumption, by production and by application and includes application; and regional production and consumption analysis as well.

Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall stainless steel market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The major players dominating the stainless steel market are ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Outokumpu and POSCO. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Country Coverage


  • Europe

  • Americas

  • Asia

  • ROW


Company Coverage


  • ArcelorMittal

  • Nippon Steel & Sumitomo Metal Corporation (NSSMC)

  • Outokumpu

  • POSCO


Executive Summary

Steel refers to an alloy of iron and carbon and contains silicon, phosphorus, Sulphur and oxygen as well. Steel is available in more than 3500 grades, each of which possesses certain unique properties. Steel is fully recyclable, possesses great durability, requires low amount of energy for production and is also environment friendly and sustainable.

Stainless steel is a form of steel which is used in a number of applications across different industries, including transport, chemical, pharmaceutical, oil and gas, food processing, construction etc. Stainless steel is an alloy of iron along with a minimum of 10.5% chromium. One of the major advantages provided by stainless steel which leads to its wide application is high corrosion resistance.

The global steel market has been segmented into carbon steel, alloy steel, stainless steel, tool steel and other steel types. Stainless steel has been further categorized into austenitic grade, ferritic grade and martensitic grade stainless steels. The market has been divided on the basis of production methods into blast furnace-basic oxygen furnace (BF-FOF), electric arc furnace (EAF) and others. Applications for the steel market include bridges, industrial structures and others.

The global steel market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as rapid urbanization, growing investments in infrastructure sector, increasing automotive production, growing food industry etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are volatility in raw material prices and rising market competitors.

Global Steel Market with Focus on Stainless Steel Market: Size, Trends & Forecasts (2019-2023)

Table of Contents

1. Executive Summary

2. Introduction
2.1 Steel: An Overview
2.1.1 History of Steel
2.1.2 Uses of Steel
2.1.3 Steel Production Process
2.1.4 Steel Life Cycle
2.1.5 Production Methods of Steel
2.2 Steel Segmentation: An Overview
2.2.1 Steel Segmentation by Type
2.2.2 Steel Segmentation by Production Method and Application
2.3 Stainless Steel: An Overview
2.4 Advantages of Stainless Steel

3. Global Market Analysis
3.1 Global Steel Market: An Analysis
3.1.1 Global Steel Market by Production
3.1.2 Global Steel Market by Demand
3.1.3 Global Steel Demand by Region (Asia, Europe, North America, Commonwealth of Independent States (CIS), South America, Africa, Middle East, Ocenia, Other)
3.1.4 Global Steel Market by Industries (Construction, Machinery, Automotive, Metal Product, Shipbuilding, Electrical Equipment, Appliances)
3.2 Global Stainless Steel Market: An Analysis
3.2.1 Global Stainless Steel Market by Value
3.2.2 Global Stainless Steel Market Value by Region (China, ROW)
3.2.3 Global Stainless Steel Market by Production
3.2.4 Global Stainless Steel Production by Region (China, Europe, India, Japan, The US, ROW)
3.2.5 Global Stainless Steel Market by Consumption
3.2.6 Global Stainless Steel Consumption by Region (Asia, Europe, Americas, ROW)
3.2.7 Global Stainless Steel Consumption by Application (Consumer Goods and Medicals, Chemical Petroleum and Energy, Architecture, Building and Constrcution (ABC) & Infrastructure, Automotive and Heavy Transport, Industrial and Heavy Machinery)
3.3 Global Stainless Steel Market: Application Analysis
3.3.1 Global Consumer Goods and Medicals Stainless Steel Market by Consumption
3.3.2 Global Chemical Petroleum and Energy Stainless Steel Market by Consumption
3.3.3 Global Automotive and Heavy Transport Stainless Steel Market by Consumption
3.3.4 Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption
3.3.5 Global Industrial and Heavy Machinery Stainless Steel Market by Consumption

4. Regional Market Analysis
4.1 Europe Stainless Steel Market: An Analysis
4.1.1 Europe Stainless Steel Market by Production
4.1.2 Europe Stainless Steel Market by Consumption
4.2 Americas Stainless Steel Market: An Analysis
4.2.1 Americas Stainless Steel Market by Consumption
4.2.2 The US Stainless Steel Market by Production
4.3 ROW Stainless Steel Market: An Analysis
4.3.1 ROW Stainless Steel Market by Value
4.3.2 ROW Stainless Steel Market by Production
4.3.3 ROW Stainless Steel Market by Consumption
4.4 Asia Stainless Steel Market: An Analysis
4.4.1 Asia Stainless Steel Market by Consumption
4.4.2 Asia Stainless Steel Consumption by Region (China, India, Asia (Excluding China & India))
4.5 Asia Stainless Steel Market: Regional Analysis
4.5.1 China Stainless Steel Market by Value
4.5.2 China Stainless Steel Market by Production
4.5.3 China Stainless Steel Market by Consumption
4.5.4 China Stainless Steel Market by Segments (300 Series, 400 Series, 200 Series, Duplex Series, Others)
4.5.5 China 300 Series Stainless Steel Market by Value
4.5.6 China 400 Series Stainless Steel Market by Value
4.5.7 China 200 Series Stainless Steel Market by Value
4.5.8 China Duplex Series Stainless Steel Market by Value
4.5.9 China Other Series Stainless Steel Market by Value
4.5.10 Japan Stainless Steel Market by Production
4.5.11 India Stainless Steel Market by Production
4.5.12 India Stainless Steel Market by Consumption
4.5.13 Asia (Excluding China & India) Stainless Steel Market by Consumption

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rapid Urbanization
5.1.2 Growing Investments in Infrastructure Sector
5.1.3 Increasing Automotive Production
5.1.4 Growing Food Industry
5.1.5 Rising GDP Per Capita
5.2 Challenges
5.2.1 Volatility in Raw Material Prices
5.2.2 Rising Market Competitors
5.3 Market Trends
5.3.1 Rising Use in Pre-engineered Buildings (PEBs)
5.3.2 Steel Scrap Utilization for Stainless Steel Production
5.3.3 Growing Use in Medical Technology Industry

6. Competitive Landscape
6.1 Global Stainless Steel Market Players: Financial Comparison
6.2 Global Stainless Steel Market Players by Production Capacity
6.3 India Stainless Steel Market Players by Production Capacity

7. Company Profiles
7.1 ArcelorMittal
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Nippon Steel & Sumitomo Metal Corporation (NSSMC)
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Outokumpu
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 POSCO
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Tables

Table 1: Global Stainless Steel Market Players Financial Comparison; 2017/2018

List of Figures

Figure 1: Steel Classification
Figure 2: Uses of Steel
Figure 3: Steel Production Process
Figure 4: Steel Life Cycle
Figure 5: Production Methods of Steel
Figure 6: Steel Segmentation by Type
Figure 7: Steel Segmentation by Production Method and Application
Figure 8: Types of Stainless Steel
Figure 9: Advantages of Stainless Steel
Figure 10: Global Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 11: Global Steel Market by Demand; 2014-2018 (Million Tonnes)
Figure 12: Global Steel Market by Demand; 2019-2023 (Million Tonnes)
Figure 13: Global Steel Demand by Region; 2018 (Percentage, %)
Figure 14: Global Steel Market by Industries; 2018 (Percentage, %)
Figure 15: Global Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 16: Global Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global Stainless Steel Market Value by Region; 2018 (Percentage, %)
Figure 18: Global Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 19: Global Stainless Steel Production by Region; 2017 (Percentage, %)
Figure 20: Global Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 21: Global Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 22: Global Stainless Steel Consumption by Region; 2018 (Percentage, %)
Figure 23: Global Stainless Steel Consumption by Application; 2018 (Percentage, %)
Figure 24: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Figure 25: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 26: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Figure 27: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 28: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Figure 29: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 30: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Figure 31: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 32: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Figure 33: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 34: Europe Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 35: Europe Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 36: Europe Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 37: Americas Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 38: Americas Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 39: The US Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 40: ROW Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 41: ROW Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 42: ROW Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 43: ROW Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 44: ROW Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 45: Asia Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 46: Asia Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 47: Asia Stainless Steel Consumption by Region; 2018 (Percentage, %)
Figure 48: China Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 49: China Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 50: China Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 51: China Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 52: China Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 53: China Stainless Steel Market by Segments; 2018 (Percentage, %)
Figure 54: China 300 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 55: China 300 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 56: China 400 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 57: China 400 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 58: China 200 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 59: China 200 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 60: China Duplex Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 61: China Duplex Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 62: China Other Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Figure 63: China Other Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
Figure 64: Japan Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 65: India Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
Figure 66: India Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 67: India Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 68: Asia (Excluding China & India) Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Figure 69: Asia (Excluding China & India) Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
Figure 70: Global Urban Population; 2012-2018 (Billion)
Figure 71: Global Infrastructure Investments; 2013-2023 (US$ Trillion)
Figure 72: Global Automotive Production; 2013-2017 (Million Units)
Figure 73: Global Food and Grocery Retail Market by Value; 2015-2020 (US$ Trillion)
Figure 74: Global GDP Per Capita; 2012-2018 (US$ Thousand)
Figure 75: LME (London Metal Exchange) Nickel Prices; December 2017-December 2018 (US$ Thousand per Tonne)
Figure 76: Global Pre-Engineered Building (PEB) Market by Value; 2017-2025 (US$ Billion)
Figure 77: Global Steel Scrap Use; 2013-2017 (Million Tonnes)
Figure 78: Global Medical Technology Industry Growth; 2016-2019 (Percentage, %)
Figure 79: Global Stainless Steel Market Players by Production Capacity; 2015-2018 (Million Tonne)
Figure 80: India Stainless Steel Market Players by Production Capacity; 2018 (Kilotonne)
Figure 81: ArcelorMittal Sales; 2013-2017 (US$ Billion)
Figure 82: ArcelorMittal Sales by Segments; 2017 (Percentage, %)
Figure 83: ArcelorMittal Sales by Region; 2017 (Percentage, %)
Figure 84: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales; 2014-2018 (US$ Billion)
Figure 85: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales by Segments; 2018 (Percentage, %)
Figure 86: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales by Region; 2018 (Percentage, %)
Figure 87: Outokumpu Sales; 2013-2017 (US$ Billion)
Figure 88: Outokumpu Sales by Segments; 2017 (Percentage, %)
Figure 89: Outokumpu Sales by Region; 2017 (Percentage, %)
Figure 90: POSCO Revenue; 2013-2017 (US$ Billion)

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