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Stainless steel contains a maximum of 1.2% carbon, a minimum of 10.5% chromium (standard EN 10088-1) and other alloying elements. The presence of chromium confers on stainless steel its principal quality: its corrosion resistance.
According to our (Global Info Research) latest study, the global Stainless Steel market size was valued at USD 134380 million in 2022 and is forecast to a readjusted size of USD 181680 million by 2029 with a CAGR of 4.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
As a commodity, the distance from the place of origin to the location of the consumer has become an important aspect of the impact of product differentiation. The further the sale of products, the higher the price of the product. According to market research, The ratio of the unit price of waterway transport, unit price of railway transportation, and the ratio of the unit price of highway transportation is 1:3:8.
This report is a detailed and comprehensive analysis for global Stainless Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Stainless Steel market size and forecasts, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2018-2029
Global Stainless Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2018-2029
Global Stainless Steel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M MT), and average selling prices (USD/MT), 2018-2029
Global Stainless Steel market shares of main players, shipments in revenue ($ Million), sales quantity (M MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Stainless Steel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Stainless Steel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Acerinox, Aperam, Thyssen Krupp, Pohang Iron & Steel (Posco) and Ta Chen International, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Stainless Steel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Ferritic Stainless Steel
- Austenitic Stainless Steel
- Martensitic Stainless Steel
- PH Stainless Steel
- Duplex Stainless Steel
- Other
Market segment by Application
- Architecture Industry
- Petrifaction Industry
- Food Industry
- Mechanical Industry
- Electricity Industry
- Others
Major players covered
- Acerinox
- Aperam
- Thyssen Krupp
- Pohang Iron & Steel (Posco)
- Ta Chen International
- Jindal Stainless
- Allegheny Flat Rolled Products
- North American Stainless
- AK Steel
- Outokumpu Europe
- Outokumpu USA
- Mexinox
- Shree Khodal Industrial Engineering Company
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Stainless Steel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Stainless Steel, with price, sales, revenue and global market share of Stainless Steel from 2018 to 2023.
Chapter 3, the Stainless Steel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Stainless Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Stainless Steel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Stainless Steel.
Chapter 14 and 15, to describe Stainless Steel sales channel, distributors, customers, research findings and conclusion.