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Follow on Google News | Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2019-2023)The report further provides detailed analysis of the global stainless steel market by value, by consumption, by production and by application and includes application; and regional production and consumption analysis as well.
By: Daedal Research Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall stainless steel market has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The major players dominating the stainless steel market are ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Outokumpu and POSCO. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies. Country Coverage Europe Americas Asia ROW Company Coverage ArcelorMittal Nippon Steel & Sumitomo Metal Corporation (NSSMC) Outokumpu POSCO Executive Summary Steel refers to an alloy of iron and carbon and contains silicon, phosphorus, Sulphur and oxygen as well. Steel is available in more than 3500 grades, each of which possesses certain unique properties. Steel is fully recyclable, possesses great durability, requires low amount of energy for production and is also environment friendly and sustainable. Stainless steel is a form of steel which is used in a number of applications across different industries, including transport, chemical, pharmaceutical, oil and gas, food processing, construction etc. Stainless steel is an alloy of iron along with a minimum of 10.5% chromium. One of the major advantages provided by stainless steel which leads to its wide application is high corrosion resistance. The global steel market has been segmented into carbon steel, alloy steel, stainless steel, tool steel and other steel types. Stainless steel has been further categorized into austenitic grade, ferritic grade and martensitic grade stainless steels. The market has been divided on the basis of production methods into blast furnace-basic oxygen furnace (BF-FOF), electric arc furnace (EAF) and others. Applications for the steel market include bridges, industrial structures and others. The global steel market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2023). The market is expected to be driven by various growth enhancing factors such as rapid urbanization, growing investments in infrastructure sector, increasing automotive production, growing food industry etc. However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are volatility in raw material prices and rising market competitors. List of Figures: Figure 1: Steel Classification Figure 2: Uses of Steel Figure 3: Steel Production Process Figure 4: Steel Life Cycle Figure 5: Production Methods of Steel Figure 6: Steel Segmentation by Type Figure 7: Steel Segmentation by Production Method and Application Figure 8: Types of Stainless Steel Figure 9: Advantages of Stainless Steel Figure 10: Global Steel Market by Production; 2013-2017 (Million Tonnes) Figure 11: Global Steel Market by Demand; 2014-2018 (Million Tonnes) Figure 12: Global Steel Market by Demand; 2019-2023 (Million Tonnes) Figure 13: Global Steel Demand by Region; 2018 (Percentage, %) Figure 14: Global Steel Market by Industries; 2018 (Percentage, %) Figure 15: Global Stainless Steel Market by Value; 2016-2018 (US$ Billion) Figure 16: Global Stainless Steel Market by Value; 2019-2023 (US$ Billion) Figure 17: Global Stainless Steel Market Value by Region; 2018 (Percentage, %) Figure 18: Global Stainless Steel Market by Production; 2013-2017 (Million Tonnes) Figure 19: Global Stainless Steel Production by Region; 2017 (Percentage, %) Figure 20: Global Stainless Steel Market by Consumption; Figure 21: Global Stainless Steel Market by Consumption; Figure 22: Global Stainless Steel Consumption by Region; 2018 (Percentage, %) Figure 23: Global Stainless Steel Consumption by Application; Figure 24: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; Figure 25: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; Figure 26: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; Figure 27: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; Figure 28: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; Figure 29: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; Figure 30: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; Figure 31: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; Figure 32: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; Figure 33: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; Figure 34: Europe Stainless Steel Market by Production; 2013-2017 (Million Tonnes) Figure 35: Europe Stainless Steel Market by Consumption; For further details, kindly visit : http://www.daedal- Rajeev Kumar (Business Development Manager) Address: 36 SFS Flats PaschimVihar New Delhi-110063 Mobile: +91-9811715635 Tel: +91-120-4553017 Mail ID - info@daedal- End
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