Global Stainless Steel Market report also discovers the emerging trends along with major drivers, challenges and opportunities in the market. Global Stainless Steel Market research report passes on essential analysis of extension, value, income, development rate. In addition, it spreads total market patterns and improvements during the estimated time frame i.e. 2019-2026. The primary target of this Global Stainless Steel Market research report is to guarantee its utilization to its clients to comprehend complete situation of Global Stainless Steel Market. It gives an indispensable picture regarding the market segmentation, market potential, powerful patterns and the difficulties that the market is confronting. It gives definite depiction of key players and their marketing methodologies pursued by official statements and important reports to get focused examination market understanding…
Market Analysis: Global Stainless Steel Market
Global Stainless Steel Market is expected to rise from its initial estimated value of USD 92.50 billion in 2018 to an estimated value of USD 143.03 billion by 2026, registering a CAGR of 5.60% in the forecast period of 2019-2026.
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Key Market Competitors:
Few of the major competitors currently working in stainless steel market are– Outokumpu, ArcelorMittal, NIPPON STEEL CORPORATION, Schmolz+Bickenbach AG, Sandmeyer Steel Company, JSCMS, Acerinox S.A., Mirach Metallurgy Co., Limited, Aperam, thyssenkrupp Stainless GmbH, Sandvik AB, Viraj Profiles Limited, POSCO, Synalloy Corporation, RTI Industries, NIPPON STEEL CORPORATION.
Stainless Steel is an alloy of iron with a minimum of 10.5% chromium. This helps to produce a thin layer of oxide on the surface of the steel which helps in preventing corrosion on the surface. Stainless steel contains varying amounts of Carbon, Silicon and Manganese. It enhanced the formability and corrosion resistance.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- North America
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Segmentation: Global Stainless Steel Market
Hot bars/wire rods
Cold bars/wire rods
Hot plate and sheet
Duplex, 400 series
Middle East and Africa
Key Developments in the Market:
- In December 2018, Synalloy Corporation a parent company of Bristol metals has signed an agreement to acquire all the assets of American Stainless Turbing, Inc. The primary focus of this acquisition is bring all the diverse stainless steel and alloy pipe and tubing capabilities of Bristol metals with the high end ornamental welded stainless steel tube products
- In August 2018, Jindal Stainless has plan to set up a long steel unit in Haryana so that they can ramp up the cold-rolling capacity of its Jaipur facility, in Odisha, by nearly 2 lakh tonnes through brownfield expansion. It will help them to increase their revenue and strengthen their presence in the steel market.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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