Global Stainless Steel Market Trends, Drivers, Analysis & Forecasts 2018-2022 - ResearchAndMarkets.com

DUBLIN--()--The "Global Stainless Steel Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global stainless steel market to grow at a CAGR of 5.34% during the period 2018-2022.

Stainless steel is an iron-based alloy that contains at least 10.5% chromium by mass. Alloys like nickel, titanium, columbium, and molybdenum can be added to stainless steel during melting. Stainless steel has high resistance to corrosion, rust, and staining with water, unlike ordinary steel.

One trend in the market is growing demand for stainless steel scrap. Globally, the use of scrapped steel is increasing to reduce the carbon footprint. The recycling of steel and stainless steel scrap improves the industry's economic viability and reduces the environmental impact by reducing the need for iron ore extraction for stainless steel production.

One driver in the market is upsurge in consumption of high-strength stainless steel. The application of high-strength stainless steel for architectural, industrial, and consumer applications is increasing as it offers higher fatigue strength and adds toughness to the steel products. Its high strength-to-weight ratio and superior qualities such as affordable costs will further boost the application of high-strength stainless steel across various end-user industries.

Companies Mentioned

  • Acerinox
  • AK Steel
  • Guangxi Chengde Group
  • Outokumpu
  • POSCO
  • Tsinghan

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Product Form

8: Market Segmentation By End-User

9: Customer Landscape

10: Regional Landscape

11: Decision Framework

12: Drivers And Challenges

13: Market Trends

14: Vendor Landscape

15: Vendor Analysis

16: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/46jrns/global_stainless?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Iron and Steel

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Iron and Steel