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Global Stainless Steel Market at a CAGR of 5.60% forecast by 2019-2026 | POSCO, Synalloy Corporation, RTI Industries, NIPPON STEEL CORPORATION. Outokumpu,

Global Stainless Steel Market at a CAGR of 5.60% forecast by 2019-2026

Global Stainless Steel Market Offers Explain Knowledge On The Market Parts Like Dominating Players, Drivers And Restraints, Production, Revenue, Consumption, Import And Export, And The Most Effective Development Within The Organization Size, Deployment Type, Inside, Segmentation Comprised Throughout This Analysis, Also Major The Players Have Used Various Strategies Such As New Product Launches, Expansions, Agreements, Joint Ventures, Partnerships, Acquisitions and Others .Global Stainless Steel Market serves the clients to tackle every strategic aspect including product development, product specification, exploring niche growth opportunities, application modelling, and new geographical markets. Global Stainless Steel Market report also provides company profiles and contact information of the key market players in the key manufacturer’s section. The Global Stainless Steel Market report also discovers the emerging trends along with major drivers, challenges and opportunities in the market.

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– Aperam, thyssenkrupp Stainless GmbH, Sandvik AB, Viraj Profiles Limited, POSCO, Synalloy Corporation, RTI Industries, NIPPON STEEL CORPORATION. Outokumpu, ArcelorMittal, NIPPON STEEL CORPORATION, Schmolz+Bickenbach AG, Sandmeyer Steel Company, JSCMS, Acerinox S.A., Mirach Metallurgy Co., Limited, 

Market Definition:

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:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
    • Overview
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  11. Company Landscape
  12. Company Profiles
  13. Related Reports

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Segmentation: Global Stainless Steel Market

By Products

Hot bars/wire rods

Semis long

Cold bars/wire rods

Cold-rolled flat

Semis flat

Hot coils

Hot plate and sheet

By Grade

Duplex, 400 series

300 series

200 series

By Geography

North America

Europe

Asia-Pacific

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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