Stainless Steel Market Size & Share, by Type (Austenitic, Ferritic, Martensitic, Duplex, Precipitation); Series (200, 300, 400, 2200); End-user (Automotive, Construction, Energy, Defense) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4628
  • Published Date: Mar 03, 2023
  • Report Format: PDF, PPT

Companies Dominating the Stainless-Steel Landscape

    • China BaoWu Steel Group Corporation Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ArcelorMittal
    • Ansteel Group Corporation Limited
    • Shagang Group Corporation
    • POSCO      
    • HBIS Group
    • China Jianlong Steel Industrial Co Ltd.
    • Shougang Group Co., Ltd.    
    • Tata Steel Limited Company

Browse Key Market Insights with Data Illustration:


In The News

  • Tata Steel Limited - Tata Steel Group and Hardt Hyperloop formally signed an agreement for the delivery of Zeremis Carbon Lite, a steel with an allotted carbon footprint reduction of up to 100%, during a festive ceremony at this year's InnoTrans in Berlin.

  •  ArcelorMittal - Following a successful audit conducted by DNV Poland, which determined that the company satisfies the requirements to acquire certification against the ResponsibleSteelTM Standard, ArcelorMittal Poland has been granted ResponsibleSteelTM accreditation.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4628
  • Published Date: Mar 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Inelastic demand, growth, and demand of steel in various core industries, and its ability to be recycled are the major factors driving the growth of the stainless steel market.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.

Availability of substitute materials, supply chain delays and issues, and labor supply and demand fluctuations are the challenges affecting the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are China BaoWu Steel Group Corporation Limited, ArcelorMittal, Ansteel Group Corporation Limited, NIPPON STEEL CORPORATION, Shagang Group Corporation, POSCO, HBIS Group, China Jianlong Steel Industrial Co Ltd., Shougang Group Co., Ltd., and Tata Steel Limited Company.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, series, end-user, and by region.

The construction segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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