Stainless Steel: Global Strategic Business Report

Global Stainless Steel Market to Reach $226.8 Million by 2030

The global market for Stainless Steel estimated at US$170.4 Million in the year 2022, is projected to reach a revised size of US$226.8 Million by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030. Flat, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$156.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Long segment is readjusted to a revised 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $46.4 Million, While China is Forecast to Grow at 6.2% CAGR

The Stainless Steel market in the U.S. is estimated at US$46.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$46.5 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Select Competitors (Total 42 Featured) -

• Acerinox S.A.
• Aperam S.A.
• ArcelorMittal S.A.
• Baosteel Group
• Bristol Metals, LLC
• Jindal Stainless Limited
• Mirach Metallurgy Co., Limited
• Nippon Steel Corp.
• Outokumpu Oyj
• POSCO
• Sandvik AB
• ThyssenKrupp Stainless GmbH
• Viraj Profiles Limited
• Yieh United Steel Corp.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year