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.
LPI (LP Information)' newest research report, the “Stainless Steel Industry Forecast” looks at past sales and reviews total world Stainless Steel sales in 2022, providing a comprehensive analysis by region and market sector of projected Stainless Steel sales for 2023 through 2029. With Stainless Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stainless Steel industry.
This Insight Report provides a comprehensive analysis of the global Stainless Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Stainless Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stainless Steel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stainless Steel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Stainless Steel.
The global Stainless Steel market size is projected to grow from US$ 127760 million in 2022 to US$ 177050 million in 2029; it is expected to grow at a CAGR of 177050 from 2023 to 2029.
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This report presents a comprehensive overview, market shares, and growth opportunities of Stainless Steel market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Stainless Steel Includes:
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 Type, covers:
Ferritic Stainless Steel
Austenitic Stainless Steel
Martensitic Stainless Steel
PH Stainless Steel
Duplex Stainless Steel
Other
Market Segment by Applications, can be divided into:
Architecture Industry
Petrifaction Industry
Food Industry
Mechanical Industry
Electricity Industry
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Stainless Steel market?
What factors are driving Stainless Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stainless Steel market opportunities vary by end market size?
How does Stainless Steel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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