Stainless-Steel Market Size, Share, Analysis Report

Stainless-Steel Market Size by Grade Outlook (200 series, 300 series, 400 series, Duplex series), By Product Outlook (Flat, Long), By Application Outlook (Building & construction, Automotive & transportation, Consumer goods, Heavy Industry), By End-Use (By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Stainless-Steel Market is expected to be around US$ 185.68 Billion by 2027 at a CAGR of 6.68% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • ArcelorMittal among
  • Outokumpu
  • Thyssp enKrupStainless GmbH
  • Yieh United Steel Corp
  • Nippon Steel Corporation
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Stainless-Steel Market is expected to be around US$ 185.68 Billion by 2027 at a CAGR of 6.68% in the given forecast period.

    Stainless-Steel, named variously as inox OR inox steel, is a steel alloy having chromium with ruination and rust strong properties. Chromite is used in the production of Stainless-Steel, providing corrosive resistant properties to the steel, thus, making it ideal to be used in many industries. Stainless-Steel also covers different percentage of Carbon, Silicon,and Manganese. Properties such as ease of fabrication, low maintenance, and aesthetic appeal have boosted the partiality for Stainless-Steel over ordinary steel that is likely to impel the industry development. Moreover, growing application of Stainless-Steel in pre-engineered buildings for roofing expected and building system to push the overall product demand over the analysis timeframe. It also safeguards the building system during unfavourable environmental conditions such as extreme cold, heavy rain& hot.Increasing demand for consumer goods is likely to drive market growth as Stainless-Steel is resistant to exhibits high toughness, corrosion and ductility, and needs low maintenance. The aforementioned properties of Stainless-Steel have resulted in the improveduse of the product in consumer products such as showpieces, cookwareand stoves, which in turn is anticipated to propel product demand over the coming years.Stainless-Steel, an alloy of iron and chromium, and nickel in some cases deliver resistance to corrosion of iron. Chromium is answerable for providing this resistance property to the alloy.

    The global Stainless-Steel market is segregated on the basis of Grade Outlook as 200 series, 300 series, 400 series, Duplex series, and Others. Based on Product Outlook the global Stainless-Steel market is segmented in Flat and Long. Based on Application Outlook the global Stainless-Steel market is segmented in Building & construction, Automotive & transportation, Consumer goods, Heavy Industry, and Others.

    Based on End-Use, the global Stainless-Steel market is segmented in

    The global Stainless-Steel market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Stainless-Steel market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    ArcelorMittal among, Outokumpu,ThyssenKrupp Stainless GmbH, Yieh United Steel Corp, Nippon Steel Corporation, Aperam Stainless,P.A.Works, Inc., Jindal Stainless, Baosteel Group, Acerinox S.A., and others are among the major players in the global Stainless-Steel market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Stainless-Steel Market has been segmented as below:

    Stainless-Steel Market, By Grade Outlook

    • 200 series
    • 300 series
    • 400 series
    • Duplex series
    • Others

    Stainless-Steel Market, By Product Outlook

    • Flat
    • Long

    Stainless-Steel Market, By Application Outlook

    • Building & construction
    • Automotive & transportation
    • Consumer goods
    • Heavy Industry
    • Others

    Stainless-Steel Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Stainless-Steel Market, By Company

    • ArcelorMittal among
    • Outokumpu
    • ThyssenKrupp Stainless GmbH
    • Yieh United Steel Corp
    • Nippon Steel Corporation
    • Aperam Stainless
    • P.A.Works, Inc.
    • Jindal Stainless
    • Baosteel Group
    • Acerinox S.A.

    The report covers:

    • Global Stainless-Steel market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Stainless-Steel market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Stainless-Steel market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Stainless-Steel market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Stainless-Steel market share. Major industry players with significant revenue share include ArcelorMittal among, Outokumpu, ThyssenKrupp Stainless GmbH, Yieh United Steel Corp, Nippon Steel Corporation, Aperam Stainless, P.A.Works, Inc., Jindal Stainless, Baosteel Group, Acerinox S.A., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Stainless-Steel industry trends
    • Find complete analysis on the market status
    • Identify the Stainless-Steel market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1.    Introduction
    1.1.    Key Points
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders
    2.    Research Methodology
    2.1.    Research Scope
    2.2.    Research Methodology
    2.2.1.    Market Research Process
    2.2.2.    Research Methodology
    2.2.2.1.    Secondary Research
    2.2.2.2.    Primary Research
    2.2.2.3.    Models for Estimation
    2.3.    Market Size Estimation
    2.3.1.    Bottom-Up Approach
    2.3.2.    Top-Down Approach
    3.    Executive Summary
    4.    Market Overview
    4.1.    Introduction
    4.2.    Drivers
    4.3.    Restraints
    4.4.    Opportunities
    4.5.    Challenges
    5.    Essential Oils Market, By Grade Outlook
    5.1.    Key Points
    5.2.    200 series
    5.3.    300 series
    5.4.    400 series
    5.5.    Duplex series
    5.6.    Others
    6.    Essential Oils Market, By Product Outlook
    6.1.    Key Points
    6.2.    Flat
    6.3.    Long
    7.    Essential Oils Market, By Application Outlook
    7.1.    Key Points
    7.2.    Building & construction
    7.3.    Automotive & transportation
    7.4.    Consumer goods
    7.5.    Heavy Industry
    7.6.    Others
    8.    Competitive Landscape
    8.1.    Introduction
    8.2.    Recent Developments
    8.2.1.    Mergers & Acquisitions
    8.2.2.    New Product Developments
    8.2.3.    Portfolio/Production Capacity Expansions
    8.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    8.2.5.    Others
    9.    Company Profiles
    9.1 ArcelorMittal among
    9.1.1 Company Overview
    9.1.2 Product/Service Landscape
    9.1.3 Financial Overview
    9.1.4 Recent Developments
    9.2 Outokumpu
    9.2.1 Company Overview
    9.2.2 Product/Service Landscape
    9.2.3 Financial Overview
    9.2.4 Recent Developments
    9.3 ThyssenKrupp Stainless GmbH
    9.3.1 Company Overview
    9.3.2 Product/Service Landscape
    9.3.3 Financial Overview
    9.3.4 Recent Developments
    9.4 Yieh United Steel Corp
    9.4.1 Company Overview
    9.4.2 Product/Service Landscape
    9.4.3 Financial Overview
    9.4.4 Recent Developments
    9.5 Nippon Steel Corporation
    9.5.1 Company Overview
    9.5.2 Product/Service Landscape
    9.5.3 Financial Overview
    9.5.4 Recent Developments
    9.6 Aperam Stainless
    9.6.1 Company Overview
    9.6.2 Product/Service Landscape
    9.6.3 Financial Overview
    9.6.4 Recent Developments
    9.7 P.A.Works, Inc.
    9.7.1 Company Overview
    9.7.2 Product/Service Landscape
    9.7.3 Financial Overview
    9.7.4 Recent Developments
    9.8 Jindal Stainless
    9.8.1 Company Overview
    9.8.2 Product/Service Landscape
    9.8.3 Financial Overview
    9.8.4 Recent Developments
    9.9 Baosteel Group
    9.9.1 Company Overview
    9.9.2 Product/Service Landscape
    9.9.3 Financial Overview
    9.9.4 Recent Developments
    9.10 Acerinox S.A.
    9.10.1 Company Overview
    9.10.2 Product/Service Landscape
    9.10.3 Financial Overview
    9.10.4 Recent Developments
     

    The Stainless-Steel Market has been segmented as below:

    Stainless-Steel Market, By Grade Outlook

    • 200 series
    • 300 series
    • 400 series
    • Duplex series
    • Others

    Stainless-Steel Market, By Product Outlook

    • Flat
    • Long

    Stainless-Steel Market, By Application Outlook

    • Building & construction
    • Automotive & transportation
    • Consumer goods
    • Heavy Industry
    • Others

    Stainless-Steel Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Stainless-Steel Market, By Company

    • ArcelorMittal among
    • Outokumpu
    • ThyssenKrupp Stainless GmbH
    • Yieh United Steel Corp
    • Nippon Steel Corporation
    • Aperam Stainless
    • P.A.Works, Inc.
    • Jindal Stainless
    • Baosteel Group
    • Acerinox S.A.

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    The market is expected to grow at a CAGR of 6.68% during the study period (2022-2027)
    The Stainless-Steel Market is expected to be around US$ 185.68 Billion by 2027
    The segment included in the Stainless-Steel Market is Grade, Product, Application and Region.
    Some key players operating in the Stainless-Steel Market include ArcelorMittal among, Outokumpu,ThyssenKrupp Stainless GmbH, Yieh United Steel Corp, Nippon Steel Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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