Stainless Steel Market

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Stainless Steel Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Grade (200 Series, 300 Series, 400 series, Duplex series); By Product (Flat, Long); By Application (Building & Construction, Automotive & Transportation, Consumer Goods, Mechanical Engineering & Heavy Industries); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published Date: November 2023
Report ID: BWC23951
Available Format: PDF
Page: 400

Report Overview

Increasing demand in construction and infrastructure projects, growth in the automotive industry, expanding applications in the manufacturing sector, and rising preference for corrosion-resistant materials. Market dynamics also respond to fluctuations in raw material prices and technological advancements contribute to the growth of Global Stainless Steel Market during the forecast period between 2023 and 2029.

Global Stainless Steel Market – Industry Trends & Forecast Report, 2029

Global stainless steel market size was estimated at USD 122.36 billion in 2022. During the forecast period between 2023 and 2029, the size of global stainless steel market is projected to grow at a CAGR of 6.58% reaching a value of USD 179.36 billion by 2029. Global stainless steel market is influenced by several key driving factors. It is driven by its widespread use in various industries, including construction, automotive, and manufacturing, due to its corrosion resistance and durability. Also, the growing urbanization and infrastructure development in emerging economies contribute to increased demand. Technological advancements and innovations in stainless steel production processes also play a crucial role. Fluctuations in raw material prices, particularly nickel and chromium, impact market dynamics. Environmental concerns and a push for sustainable materials are promoting the use of stainless steel in various applications, further propelling market growth.

Stainless Steel Market

Stainless Steel - Overview

Stainless steel is a corrosion-resistant alloy composed of iron, chromium, nickel, and other elements. It is renowned for its durability, versatility, and aesthetic appeal. Its resistance to rust and staining makes it ideal for a wide range of applications, from kitchen appliances and cutlery to industrial machinery and architectural structures. Stainless steel comes in various grades, each with unique properties, making it suitable for both high-temperature and low-temperature environments. Its non-reactive nature with food and ability to maintain a polished finish has made it a popular choice in the culinary and medical industries. Overall, stainless steel is a widely used material known for its strength, hygiene, and longevity.

Global Stainless Steel Market

Growth Drivers

Sustainable Construction and Automotive Industries

Stainless steel is experiencing robust growth due to the thriving construction and automotive sectors. As the world shifts toward sustainable practices, stainless steel's corrosion resistance, durability, and recyclability make it a preferred material choice for infrastructure and vehicle manufacturers. Also, stainless steel's applications in medical equipment, aerospace, and consumer goods continue to expand. The demand surge is further augmented by the metal's low maintenance costs and increasing adoption in kitchen appliances and industrial machinery. With the relentless growth in key end-use industries, the global stainless steel market is set to flourish, providing enduring market opportunities.

Restraints

Resource Scarcity Poses Threat to Global Stainless Steel Market

Unique restraint facing the global stainless steel market is the increasing scarcity of crucial raw materials. As stainless steel production heavily relies on nickel and chromium, a finite supply of these elements is putting pressure on the industry. Rising demand for stainless steel, coupled with geopolitical tensions and environmental concerns surrounding mining activities, has exacerbated this challenge. The limited availability of these essential components threatens price stability, potentially leading to increased production costs and supply chain disruptions. Market players must innovate in material sourcing or diversify their resource base to ensure the long-term sustainability of the stainless steel sector.

Impact of COVID-19 on Global Stainless Steel Market

Global stainless steel market significantly impacted by the COVID-19 pandemic. The widespread economic slowdown and disruptions in the manufacturing and construction industries have led to decreased demand for stainless steel products. Supply chain interruptions, labor shortages, and reduced investments in infrastructure projects have further contributed to market challenges. However, the medical and healthcare sectors have seen increased demand for stainless steel equipment due to its hygienic properties. While the market has faced short-term setbacks, it is expected to recover gradually as the global economy stabilizes and industries adapt to the new normal of pandemic-related uncertainties.

Global Stainless Steel Market

Segmental Coverage

Global Stainless Steel Market – By Grade

Based on grade, global stainless steel market is bifurcated into 200 series, 300 series, 400 series, and Duplex series segments. The 300 series is the largest segment, known for its excellent corrosion resistance and versatility, making it widely used in various industries, including construction, automotive, and food processing. This segment comprises stainless steels such as 304 and 316, prized for their durability and performance in corrosive environments. Its prominence in the market reflects its adaptability and reliability, which are essential qualities in a wide range of applications.

Stainless Steel Market Share

Global Stainless Steel Market – By Product

By product, global stainless steel market is divided into Flat and Long segments. The flat segment comprises products like stainless steel sheets, plates, and coils, typically used in applications such as construction, automotive, and kitchen appliances. On the other hand, the Long segment includes stainless steel bars, rods, and wires, often employed in industries like construction, manufacturing, and infrastructure. These two segments represent the primary divisions within the stainless steel market, catering to a wide range of industrial and consumer needs worldwide.

Global Stainless Steel Market – By Application

By application, global stainless steel market is divided into Building & Construction, Automotive & Transportation, Consumer Goods, Mechanical Engineering & Heavy Industries segments. Building & Construction stands out as one of the largest segments, driven by the demand for stainless steel in architectural structures, infrastructure projects, and interior applications. It is closely followed by the Automotive & Transportation sector, which relies on stainless steel for vehicle components and exhaust systems. These segments reflect the widespread utility of stainless steel in various industries, contributing significantly to its global market presence.

Global Stainless Steel Market – By Region

By country, global stainless steel market is divided into North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA). APAC typically holds the largest share of the stainless steel market. This is primarily attributed to the region's robust industrialization, infrastructure development, and growing demand for stainless steel across various applications, including construction, automotive, and manufacturing. Therefore, APAC's dominant position underscores its significance as a key driver in the global stainless steel market's growth and expansion.

Competitive Landscape

Major players in the global stainless steel market include Acerinox S.A., Aperam Stainless, ArcelorMittal, Baosteel Group, Jindal Stainless, Nippon Steel Corporation, Outokumpu, POSCO, ThyssenKrupp Stainless GmbH, Yieh United Steel Corp., TISCO (Taiyuan Iron and Steel Group), AK Steel Holding Corporation, Sandvik AB, Nisshin Steel Co., Ltd, and JFE Steel Corporation. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Billion
Market Coverage	North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA)
Product/ Service Segmentation	Grade, Product, Application, Region
Key Players	Acerinox S.A., Aperam Stainless, ArcelorMittal, Baosteel Group, Jindal Stainless, Nippon Steel Corporation, Outokumpu, POSCO, ThyssenKrupp Stainless GmbH, Yieh United Steel Corp., TISCO (Taiyuan Iron and Steel Group, AK Steel Holding Corporation, Sandvik AB, Nisshin Steel Co., Ltd, JFE Steel Corporation

By Grade

200 series
300 series
400 series
Duplex series

By Product

Flat
Long

By Application

Building & Construction
Automotive & Transportation
Consumer Goods
Mechanical Engineering & Heavy Industries

By Region

North America
Europe
Asia Pacific (APAC)
Latin America (LATAM)
Middle East and Africa (MEA)

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Global Stainless Steel Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Increase in demand from consumer goods sector
    2. Rapid growth in automotive sector
  2. Restraints
    1. Increasing fluctuations in the price of stainless steel
    2. Availability of substitute products
  3. Opportunities
    1. Rapid urbanization and infrastructure development
    2. Rising technological development in steel
  4. Challenges
    1. Stringent environmental regulations and increasing focus on sustainability
3. Technological Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Global Stainless Steel Market Overview
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share and Forecast
  1. By Grade
    1. 200 series
    2. 300 series
    3. 400 series
    4. Duplex series
    5. Others
  2. By Product
    1. Flat
    2. Long
  3. By Application
    1. Building & Construction
    2. Automotive & Transportation
    3. Consumer Goods
    4. Mechanical Engineering & Heavy Industries
    5. Others
  4. By Region
    1. North America
    2. Europe
    3. Asia Pacific (APAC)
    4. Latin America (LATAM)
    5. Middle East and Africa (MEA)
North America Stainless Steel Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Grade
  2. By Product
  3. By Application
  4. By Country
    1. United States
      1. By Grade
      2. By Product
      3. By Application
    2. Canada
      1. By Grade
      2. By Product
      3. By Application
Europe Stainless Steel Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Grade
  2. By Product
  3. By Application
  4. By Country
    1. Germany
      1. By Grade
      2. By Product
      3. By Application
    2. United Kingdom
      1. By Grade
      2. By Product
      3. By Application
    3. Italy
      1. By Grade
      2. By Product
      3. By Application
    4. France
      1. By Grade
      2. By Product
      3. By Application
    5. Spain
      1. By Grade
      2. By Product
      3. By Application
    6. Belgium
      1. By Grade
      2. By Product
      3. By Application
    7. Russia
      1. By Grade
      2. By Product
      3. By Application
    8. The Netherlands
      1. By Grade
      2. By Product
      3. By Application
    9. Rest of Europe
      1. By Grade
      2. By Product
      3. By Application
Asia-Pacific Stainless Steel Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Grade
  2. By Product
  3. By Application
  4. By Country
    1. China
      1. By Grade
      2. By Product
      3. By Application
    2. India
      1. By Grade
      2. By Product
      3. By Application
    3. Japan
      1. By Grade
      2. By Product
      3. By Application
    4. South Korea
      1. By Grade
      2. By Product
      3. By Application
    5. Australia & New Zealand
      1. By Grade
      2. By Product
      3. By Application
    6. Indonesia
      1. By Grade
      2. By Product
      3. By Application
    7. Malaysia
      1. By Grade
      2. By Product
      3. By Application
    8. Singapore
      1. By Grade
      2. By Product
      3. By Application
    9. Vietnam
      1. By Grade
      2. By Product
      3. By Application
    10. Rest of APAC
      1. By Grade
      2. By Product
      3. By Application
Latin America Stainless Steel Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Grade
  2. By Product
  3. By Application
  4. By Country
    1. Brazil
      1. By Grade
      2. By Product
      3. By Application
    2. Mexico
      1. By Grade
      2. By Product
      3. By Application
    3. Argentina
      1. By Grade
      2. By Product
      3. By Application
    4. Peru
      1. By Grade
      2. By Product
      3. By Application
    5. Rest of LATAM
      1. By Grade
      2. By Product
      3. By Application
Middle East & Africa Stainless Steel Market
1. Market Size & Forecast, 2019–2029
  1. By Value (USD Million)
2. Market Share & Forecast
  1. By Grade
  2. By Product
  3. By Application
  4. By Country
    1. Saudi Arabia
      1. By Grade
      2. By Product
      3. By Application
    2. UAE
      1. By Grade
      2. By Product
      3. By Application
    3. Qatar
      1. By Grade
      2. By Product
      3. By Application
    4. Kuwait
      1. By Grade
      2. By Product
      3. By Application
    5. South Africa
      1. By Grade
      2. By Product
      3. By Application
    6. Nigeria
      1. By Grade
      2. By Product
      3. By Application
    7. Algeria
      1. By Grade
      2. By Product
      3. By Application
    8. Rest of MEA
      1. By Grade
      2. By Product
      3. By Application
Competitive Landscape
1. List of Key Players and Their Offerings
2. Global Stainless Steel Market Share Analysis, 2022
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of COVID-19 on Global Stainless Steel Market
Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
1. Acerinox S.A.
2. Aperam Stainless
3. ArcelorMittal
4. Baosteel Group
5. Jindal Stainless
6. Nippon Steel Corporation
7. Outokumpu
8. POSCO
9. ThyssenKrupp Stainless GmbH
10. Yieh United Steel Corp.
11. TISCO (Taiyuan Iron and Steel Group
12. AK Steel Holding Corporation
13. Sandvik AB
14. Nisshin Steel Co., Ltd
15. JFE Steel Corporation
16. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Global Stainless Steel Segmentation

Figure 2 Global Stainless Steel Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2022

Figure 4 Global Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 5 Global Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 6 Global Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 7 Global Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 8 Global Stainless Steel Market Share, By Region, By Value, 2019–2029

Figure 9 North America Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 10 North America Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 11 North America Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 12 North America Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 13 North America Stainless Steel Market Share, By Country, By Value, 2019–2029

Figure 14 United States Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 15 United States Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 16 United States Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 17 United States Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 18 Canada Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 19 Canada Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 20 Canada Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 21 Canada Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 22 Europe Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 23 Europe Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 24 Europe Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 25 Europe Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 26 Europe Stainless Steel Market Share, By Country, By Value, 2019–2029

Figure 27 Germany Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 28 Germany Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 29 Germany Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 30 Germany Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 31 United Kingdom Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 32 United Kingdom Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 33 United Kingdom Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 34 United Kingdom Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 35 Italy Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 36 Italy Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 37 Italy Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 38 Italy Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 39 France Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 40 France Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 41 France Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 42 France Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 43 Spain Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 44 Spain Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 45 Spain Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 46 Spain Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 47 Belgium Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 48 Belgium Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 49 Belgium Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 50 Belgium Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 51 Russia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 52 Russia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 53 Russia Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 54 Russia Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 55 The Netherlands Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 56 The Netherlands Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 57 The Netherlands Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 58 The Netherlands Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 59 Rest of Europe Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 60 Rest of Europe Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 61 Rest of Europe Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 62 Rest of Europe Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 63 Asia-Pacific Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 64 Asia-Pacific Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 65 Asia-Pacific Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 66 Asia-Pacific Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 67 Asia-Pacific Stainless Steel Market Share, By Country, By Value, 2019–2029

Figure 68 China Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 69 China Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 70 China Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 71 China Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 72 India Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 73 India Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 74 India Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 75 India Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 76 Japan Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 77 Japan Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 78 Japan Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 79 Japan Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 80 South Korea Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 81 South Korea Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 82 South Korea Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 83 South Korea Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 84 Australia & New Zealand Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 85 Australia & New Zealand Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 86 Australia & New Zealand Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 87 Australia & New Zealand Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 88 Indonesia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 89 Indonesia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 90 Indonesia Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 91 Indonesia Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 92 Malaysia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 93 Malaysia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 94 Malaysia Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 95 Malaysia Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 96 Singapore Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 97 Singapore Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 98 Singapore Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 99 Singapore Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 100 Vietnam Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 101 Vietnam Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 102 Vietnam Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 103 Vietnam Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 104 Rest of APAC Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 105 Rest of APAC Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 106 Rest of APAC Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 107 Rest of APAC Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 108 Latin America Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 109 Latin America Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 110 Latin America Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 111 Latin America Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 112 Latin America Stainless Steel Market Share, By Country, By Value, 2019–2029

Figure 113 Brazil Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 114 Brazil Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 115 Brazil Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 116 Brazil Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 117 Mexico Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 118 Mexico Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 119 Mexico Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 120 Mexico Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 121 Argentina Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 122 Argentina Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 123 Argentina Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 124 Argentina Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 125 Peru Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 126 Peru Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 127 Peru Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 128 Peru Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 129 Rest of LATAM Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 130 Rest of LATAM Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 131 Rest of LATAM Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 132 Rest of LATAM Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 133 Middle East & Africa Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 134 Middle East & Africa Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 135 Middle East & Africa Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 136 Middle East & Africa Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 137 Middle East & Africa Stainless Steel Market Share, By Country, By Value, 2019–2029

Figure 138 Saudi Arabia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 139 Saudi Arabia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 140 Saudi Arabia Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 141 Saudi Arabia Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 142 UAE Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 143 UAE Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 144 UAE Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 145 UAE Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 146 Qatar Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 147 Qatar Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 148 Qatar Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 149 Qatar Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 150 Kuwait Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 151 Kuwait Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 152 Kuwait Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 153 Kuwait Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 154 South Africa Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 155 South Africa Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 156 South Africa Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 157 South Africa Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 158 Nigeria Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 159 Nigeria Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 160 Nigeria Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 161 Nigeria Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 162 Algeria Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 163 Algeria Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 164 Algeria Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 165 Algeria Stainless Steel Market Share, By Application, By Value, 2019–2029

Figure 166 Rest of MEA Stainless Steel Market Size, By Value (USD Million), 2019–2029

Figure 167 Rest of MEA Stainless Steel Market Share, By Grade, By Value, 2019–2029

Figure 168 Rest of MEA Stainless Steel Market Share, By Product, By Value, 2019–2029

Figure 169 Rest of MEA Stainless Steel Market Share, By Application, By Value, 2019–2029

List of Tables

Table 1 Global Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 2 Global Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 3 Global Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 4 Global Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 5 Global Stainless Steel Market Share, By Region, By Value, 2019–2029

Table 6 North America Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 7 North America Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 8 North America Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 9 North America Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 10 North America Stainless Steel Market Share, By Country, By Value, 2019–2029

Table 11 United States Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 12 United States Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 13 United States Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 14 United States Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 15 Canada Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 16 Canada Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 17 Canada Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 18 Canada Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 19 Europe Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 20 Europe Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 21 Europe Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 22 Europe Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 23 Europe Stainless Steel Market Share, By Country, By Value, 2019–2029

Table 24 Germany Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 25 Germany Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 26 Germany Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 27 Germany Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 28 UNITED KINGDOM Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 29 UNITED KINGDOM Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 30 UNITED KINGDOM Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 31 UNITED KINGDOM Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 32 Italy Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 33 Italy Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 34 Italy Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 35 Italy Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 36 France Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 37 France Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 38 France Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 39 France Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 40 Spain Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 41 Spain Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 42 Spain Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 43 Spain Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 44 Belgium Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 45 Belgium Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 46 Belgium Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 47 Belgium Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 48 Russia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 49 Russia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 50 Russia Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 51 Russia Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 52 The Netherlands Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 53 The Netherlands Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 54 The Netherlands Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 55 The Netherlands Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 56 Rest of Europe Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 57 Rest of Europe Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 58 Rest of Europe Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 59 Rest of Europe Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 60 Asia-Pacific Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 61 Asia-Pacific Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 62 Asia-Pacific Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 63 Asia-Pacific Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 64 Asia-Pacific Stainless Steel Market Share, By Country, By Value, 2019–2029

Table 65 China Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 66 China Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 67 China Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 68 China Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 69 India Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 70 India Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 71 India Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 72 India Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 73 Japan Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 74 Japan Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 75 Japan Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 76 Japan Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 77 South Korea Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 78 South Korea Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 79 South Korea Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 80 South Korea Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 81 Australia & New Zealand Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 82 Australia & New Zealand Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 83 Australia & New Zealand Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 84 Australia & New Zealand Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 85 Indonesia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 86 Indonesia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 87 Indonesia Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 88 Indonesia Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 89 Malaysia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 90 Malaysia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 91 Malaysia Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 92 Malaysia Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 93 Singapore Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 94 Singapore Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 95 Singapore Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 96 Singapore Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 97 Vietnam Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 98 Vietnam Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 99 Vietnam Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 100 Vietnam Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 101 Rest of APAC Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 102 Rest of APAC Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 103 Rest of APAC Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 104 Rest of APAC Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 105 Latin America Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 106 Latin America Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 107 Latin America Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 108 Latin America Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 109 Latin America Stainless Steel Market Share, By Country, By Value, 2019–2029

Table 110 Brazil Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 111 Brazil Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 112 Brazil Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 113 Brazil Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 114 Mexico Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 115 Mexico Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 116 Mexico Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 117 Mexico Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 118 Argentina Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 119 Argentina Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 120 Argentina Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 121 Argentina Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 122 Peru Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 123 Peru Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 124 Peru Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 125 Peru Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 126 Rest of LATAM Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 127 Rest of LATAM Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 128 Rest of LATAM Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 129 Rest of LATAM Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 130 Middle East & Africa Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 131 Middle East & Africa Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 132 Middle East & Africa Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 133 Middle East & Africa Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 134 Middle East & Africa Stainless Steel Market Share, By Country, By Value, 2019–2029

Table 135 Saudi Arabia Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 136 Saudi Arabia Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 137 Saudi Arabia Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 138 Saudi Arabia Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 139 UAE Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 140 UAE Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 141 UAE Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 142 UAE Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 143 Qatar Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 144 Qatar Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 145 Qatar Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 146 Qatar Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 147 Kuwait Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 148 Kuwait Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 149 Kuwait Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 150 Kuwait Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 151 South Africa Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 152 South Africa Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 153 South Africa Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 154 South Africa Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 155 Nigeria Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 156 Nigeria Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 157 Nigeria Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 158 Nigeria Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 159 Algeria Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 160 Algeria Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 161 Algeria Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 162 Algeria Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 163 Rest of MEA Stainless Steel Market Size, By Value (USD Million), 2019–2029

Table 164 Rest of MEA Stainless Steel Market Share, By Grade, By Value, 2019–2029

Table 165 Rest of MEA Stainless Steel Market Share, By Product, By Value, 2019–2029

Table 166 Rest of MEA Stainless Steel Market Share, By Application, By Value, 2019–2029

Table 167 Acerinox S.A. Company Overview

Table 168 Acerinox S.A. Financial Overview

Table 169 Aperam Stainless Company Overview

Table 170 Aperam Stainless Financial Overview

Table 171 ArcelorMittal Company Overview

Table 172 ArcelorMittal Financial Overview

Table 173 Baosteel Group Company Overview

Table 174 Baosteel Group Financial Overview

Table 175 Jindal Stainless Company Overview

Table 176 Jindal Stainless Financial Overview

Table 177 Nippon Steel Corporation Company Overview

Table 178 Nippon Steel Corporation Financial Overview

Table 179 Outokumpu Company Overview

Table 180 Outokumpu Financial Overview

Table 181 POSCO Company Overview

Table 182 POSCO Financial Overview

Table 183 ThyssenKrupp Stainless GmbH Company Overview

Table 184 ThyssenKrupp Stainless GmbH Financial Overview

Table 185 Yieh United Steel Corp. Company Overview

Table 186 Yieh United Steel Corp. Financial Overview

Table 187 TISCO (Taiyuan Iron and Steel Group Company Overview

Table 188 TISCO (Taiyuan Iron and Steel Group Financial Overview

Table 189 AK Steel Holding Corporation Company Overview

Table 190 AK Steel Holding Corporation Financial Overview

Table 191 Sandvik AB Company Overview

Table 192 Sandvik AB Financial Overview

Table 193 Nisshin Steel Co., Ltd Company Overview

Table 194 Nisshin Steel Co., Ltd Financial Overview

Table 195 JFE Steel Corporation Company Overview

Table 196 JFE Steel Corporation Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. What is the current market size of Global Stainless Steel Market?

Ans: Global Isostatic Pressing Market size was estimated at USD 122.36 Billion in 2022.

2. What is the expected CAGR of Global Stainless Steel Market during the forecast period?

Ans: Global Stainless Steel Market size is expected to grow at a CAGR of 6.58% during the forecast period between 2023 and 2029.

3. What is the forecast value of the Global Stainless Steel Market size by 2029?

Ans: Global Stainless Steel Market size is expected to reach a market value of USD 179.36 billion by 2029.

4. Which product segment holds a major market share in the Global Stainless Steel Market?

Ans: The flat segment accounts for a higher market share in the Global Stainless Steel Market by product.

5. Which is the leading grade segment in Global Stainless Steel Market?

Ans: The 300 series segment holds the highest market share in the Global Stainless Steel Market by grade.

6. Name the key players in Global Stainless Steel Market.

Ans: Key players in the Global Stainless Steel Market include Acerinox S.A., Aperam Stainless, ArcelorMittal, Baosteel Group, Jindal Stainless, Nippon Steel Corporation, Outokumpu, POSCO, ThyssenKrupp Stainless GmbH, Yieh United Steel Corp., TISCO (Taiyuan Iron and Steel Group), AK Steel Holding Corporation, Sandvik AB, Nisshin Steel Co., Ltd, and JFE Steel Corporation.

7. What are the major factors driving the growth of Global Stainless Steel Market?

Ans: Major factors driving the growth of the Global Stainless Steel Market include increasing demand in construction and infrastructure projects, growth in the automotive industry, expanding applications in the manufacturing sector, and rising preference for corrosion-resistant materials. Market dynamics also respond to fluctuations in raw material prices and technological advancements.

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Stainless Steel Market

Report Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. What is the current market size of Global Stainless Steel Market?

2. What is the expected CAGR of Global Stainless Steel Market during the forecast period?

3. What is the forecast value of the Global Stainless Steel Market size by 2029?

4. Which product segment holds a major market share in the Global Stainless Steel Market?

5. Which is the leading grade segment in Global Stainless Steel Market?

6. Name the key players in Global Stainless Steel Market.

7. What are the major factors driving the growth of Global Stainless Steel Market?

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