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Global 304 Stainless Steel Round Bar Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Jul 02, 2025
Length 173 Pages
SKU # BOSS20192851

Description

Report Overview

The 304 stainless steel round bar is a versatile and widely used product in industrial and commercial applications due to its excellent corrosion resistance, durability, and formability. Composed of 18% chromium and 8% nickel, this austenitic stainless steel grade offers superior resistance to oxidation and corrosion in various environments, making it ideal for industries such as construction, automotive, food processing, pharmaceuticals, and chemical manufacturing. Its round bar form provides structural support, machining capabilities, and aesthetic appeal, often utilized in shafts, fasteners, fittings, and architectural components. The global demand for 304 stainless steel round bars is driven by infrastructure development, industrial automation, and stringent regulatory standards requiring corrosion-resistant materials. Market growth is further influenced by trends in urbanization, renewable energy projects, and advancements in manufacturing technologies. However, price volatility of raw materials like nickel and chromium, along with competition from alternative materials (such as carbon steel or composite alloys), poses challenges. Key players include stainless steel manufacturers, distributors, and fabricators, with regional demand concentrated in Asia-Pacific (led by China and India), North America, and Europe due to strong industrial activity and infrastructure investments. Sustainability initiatives and recycling practices are also shaping the market, as stainless steel’s recyclability aligns with circular economy goals.

The global 304 Stainless Steel Round Bar market size was estimated at USD 12540.0 million in 2024, exhibiting a CAGR of 4.50% during the forecast period.

This report provides a deep insight into the global 304 Stainless Steel Round Bar market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global 304 Stainless Steel Round Bar Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the 304 Stainless Steel Round Bar market in any manner.

Global 304 Stainless Steel Round Bar Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ArcelorMittal

Sandvik Materials Technology

JFE Steel

CITIC Special Steel

NSSMC

Hanggang

Georgsmarienhütte

Riva Group

Grupo Simec

Tata Steel

Sidenor

OVAKO

Saarstahl

Outokumpu

SCHMOLZ+BICKENBACH

Steel Annahütte

Lingyuan Iron& Steel

Jiangsu Shagang Group

Shandong Iron& Steel

Dongbei Special Steel

Market Segmentation (by Type)

Hot-Rolled Steel Round Bars

Cold-Rolled Steel Round Bars

Forged Steel Round Bars

Market Segmentation (by Application)

Transportation and Automotive

Industrial Application

Construction

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the 304 Stainless Steel Round Bar Market

Overview of the regional outlook of the 304 Stainless Steel Round Bar Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the 304 Stainless Steel Round Bar Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of 304 Stainless Steel Round Bar, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

173 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of 304 Stainless Steel Round Bar
1.2 Key Market Segments
1.2.1 304 Stainless Steel Round Bar Segment by Type
1.2.2 304 Stainless Steel Round Bar Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 304 Stainless Steel Round Bar Market Overview
2.1 Global Market Overview
2.1.1 Global 304 Stainless Steel Round Bar Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global 304 Stainless Steel Round Bar Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 304 Stainless Steel Round Bar Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global 304 Stainless Steel Round Bar Product Life Cycle
3.3 Global 304 Stainless Steel Round Bar Sales by Manufacturers (2020-2025)
3.4 Global 304 Stainless Steel Round Bar Revenue Market Share by Manufacturers (2020-2025)
3.5 304 Stainless Steel Round Bar Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global 304 Stainless Steel Round Bar Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 304 Stainless Steel Round Bar Market Competitive Situation and Trends
3.8.1 304 Stainless Steel Round Bar Market Concentration Rate
3.8.2 Global 5 and 10 Largest 304 Stainless Steel Round Bar Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 304 Stainless Steel Round Bar Industry Chain Analysis
4.1 304 Stainless Steel Round Bar Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of 304 Stainless Steel Round Bar Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global 304 Stainless Steel Round Bar Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to 304 Stainless Steel Round Bar Market
5.7 ESG Ratings of Leading Companies
6 304 Stainless Steel Round Bar Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global 304 Stainless Steel Round Bar Sales Market Share by Type (2020-2025)
6.3 Global 304 Stainless Steel Round Bar Market Size Market Share by Type (2020-2025)
6.4 Global 304 Stainless Steel Round Bar Price by Type (2020-2025)
7 304 Stainless Steel Round Bar Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global 304 Stainless Steel Round Bar Market Sales by Application (2020-2025)
7.3 Global 304 Stainless Steel Round Bar Market Size (M USD) by Application (2020-2025)
7.4 Global 304 Stainless Steel Round Bar Sales Growth Rate by Application (2020-2025)
8 304 Stainless Steel Round Bar Market Sales by Region
8.1 Global 304 Stainless Steel Round Bar Sales by Region
8.1.1 Global 304 Stainless Steel Round Bar Sales by Region
8.1.2 Global 304 Stainless Steel Round Bar Sales Market Share by Region
8.2 Global 304 Stainless Steel Round Bar Market Size by Region
8.2.1 Global 304 Stainless Steel Round Bar Market Size by Region
8.2.2 Global 304 Stainless Steel Round Bar Market Size Market Share by Region
8.3 North America
8.3.1 North America 304 Stainless Steel Round Bar Sales by Country
8.3.2 North America 304 Stainless Steel Round Bar Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe 304 Stainless Steel Round Bar Sales by Country
8.4.2 Europe 304 Stainless Steel Round Bar Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific 304 Stainless Steel Round Bar Sales by Region
8.5.2 Asia Pacific 304 Stainless Steel Round Bar Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America 304 Stainless Steel Round Bar Sales by Country
8.6.2 South America 304 Stainless Steel Round Bar Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa 304 Stainless Steel Round Bar Sales by Region
8.7.2 Middle East and Africa 304 Stainless Steel Round Bar Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 304 Stainless Steel Round Bar Market Production by Region
9.1 Global Production of 304 Stainless Steel Round Bar by Region(2020-2025)
9.2 Global 304 Stainless Steel Round Bar Revenue Market Share by Region (2020-2025)
9.3 Global 304 Stainless Steel Round Bar Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America 304 Stainless Steel Round Bar Production
9.4.1 North America 304 Stainless Steel Round Bar Production Growth Rate (2020-2025)
9.4.2 North America 304 Stainless Steel Round Bar Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe 304 Stainless Steel Round Bar Production
9.5.1 Europe 304 Stainless Steel Round Bar Production Growth Rate (2020-2025)
9.5.2 Europe 304 Stainless Steel Round Bar Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan 304 Stainless Steel Round Bar Production (2020-2025)
9.6.1 Japan 304 Stainless Steel Round Bar Production Growth Rate (2020-2025)
9.6.2 Japan 304 Stainless Steel Round Bar Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China 304 Stainless Steel Round Bar Production (2020-2025)
9.7.1 China 304 Stainless Steel Round Bar Production Growth Rate (2020-2025)
9.7.2 China 304 Stainless Steel Round Bar Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 ArcelorMittal
10.1.1 ArcelorMittal Basic Information
10.1.2 ArcelorMittal 304 Stainless Steel Round Bar Product Overview
10.1.3 ArcelorMittal 304 Stainless Steel Round Bar Product Market Performance
10.1.4 ArcelorMittal Business Overview
10.1.5 ArcelorMittal SWOT Analysis
10.1.6 ArcelorMittal Recent Developments
10.2 Sandvik Materials Technology
10.2.1 Sandvik Materials Technology Basic Information
10.2.2 Sandvik Materials Technology 304 Stainless Steel Round Bar Product Overview
10.2.3 Sandvik Materials Technology 304 Stainless Steel Round Bar Product Market Performance
10.2.4 Sandvik Materials Technology Business Overview
10.2.5 Sandvik Materials Technology SWOT Analysis
10.2.6 Sandvik Materials Technology Recent Developments
10.3 JFE Steel
10.3.1 JFE Steel Basic Information
10.3.2 JFE Steel 304 Stainless Steel Round Bar Product Overview
10.3.3 JFE Steel 304 Stainless Steel Round Bar Product Market Performance
10.3.4 JFE Steel Business Overview
10.3.5 JFE Steel SWOT Analysis
10.3.6 JFE Steel Recent Developments
10.4 CITIC Special Steel
10.4.1 CITIC Special Steel Basic Information
10.4.2 CITIC Special Steel 304 Stainless Steel Round Bar Product Overview
10.4.3 CITIC Special Steel 304 Stainless Steel Round Bar Product Market Performance
10.4.4 CITIC Special Steel Business Overview
10.4.5 CITIC Special Steel Recent Developments
10.5 NSSMC
10.5.1 NSSMC Basic Information
10.5.2 NSSMC 304 Stainless Steel Round Bar Product Overview
10.5.3 NSSMC 304 Stainless Steel Round Bar Product Market Performance
10.5.4 NSSMC Business Overview
10.5.5 NSSMC Recent Developments
10.6 Hanggang
10.6.1 Hanggang Basic Information
10.6.2 Hanggang 304 Stainless Steel Round Bar Product Overview
10.6.3 Hanggang 304 Stainless Steel Round Bar Product Market Performance
10.6.4 Hanggang Business Overview
10.6.5 Hanggang Recent Developments
10.7 Georgsmarienhütte
10.7.1 Georgsmarienhütte Basic Information
10.7.2 Georgsmarienhütte 304 Stainless Steel Round Bar Product Overview
10.7.3 Georgsmarienhütte 304 Stainless Steel Round Bar Product Market Performance
10.7.4 Georgsmarienhütte Business Overview
10.7.5 Georgsmarienhütte Recent Developments
10.8 Riva Group
10.8.1 Riva Group Basic Information
10.8.2 Riva Group 304 Stainless Steel Round Bar Product Overview
10.8.3 Riva Group 304 Stainless Steel Round Bar Product Market Performance
10.8.4 Riva Group Business Overview
10.8.5 Riva Group Recent Developments
10.9 Grupo Simec
10.9.1 Grupo Simec Basic Information
10.9.2 Grupo Simec 304 Stainless Steel Round Bar Product Overview
10.9.3 Grupo Simec 304 Stainless Steel Round Bar Product Market Performance
10.9.4 Grupo Simec Business Overview
10.9.5 Grupo Simec Recent Developments
10.10 Tata Steel
10.10.1 Tata Steel Basic Information
10.10.2 Tata Steel 304 Stainless Steel Round Bar Product Overview
10.10.3 Tata Steel 304 Stainless Steel Round Bar Product Market Performance
10.10.4 Tata Steel Business Overview
10.10.5 Tata Steel Recent Developments
10.11 Sidenor
10.11.1 Sidenor Basic Information
10.11.2 Sidenor 304 Stainless Steel Round Bar Product Overview
10.11.3 Sidenor 304 Stainless Steel Round Bar Product Market Performance
10.11.4 Sidenor Business Overview
10.11.5 Sidenor Recent Developments
10.12 OVAKO
10.12.1 OVAKO Basic Information
10.12.2 OVAKO 304 Stainless Steel Round Bar Product Overview
10.12.3 OVAKO 304 Stainless Steel Round Bar Product Market Performance
10.12.4 OVAKO Business Overview
10.12.5 OVAKO Recent Developments
10.13 Saarstahl
10.13.1 Saarstahl Basic Information
10.13.2 Saarstahl 304 Stainless Steel Round Bar Product Overview
10.13.3 Saarstahl 304 Stainless Steel Round Bar Product Market Performance
10.13.4 Saarstahl Business Overview
10.13.5 Saarstahl Recent Developments
10.14 Outokumpu
10.14.1 Outokumpu Basic Information
10.14.2 Outokumpu 304 Stainless Steel Round Bar Product Overview
10.14.3 Outokumpu 304 Stainless Steel Round Bar Product Market Performance
10.14.4 Outokumpu Business Overview
10.14.5 Outokumpu Recent Developments
10.15 SCHMOLZ+BICKENBACH
10.15.1 SCHMOLZ+BICKENBACH Basic Information
10.15.2 SCHMOLZ+BICKENBACH 304 Stainless Steel Round Bar Product Overview
10.15.3 SCHMOLZ+BICKENBACH 304 Stainless Steel Round Bar Product Market Performance
10.15.4 SCHMOLZ+BICKENBACH Business Overview
10.15.5 SCHMOLZ+BICKENBACH Recent Developments
10.16 Steel Annahütte
10.16.1 Steel Annahütte Basic Information
10.16.2 Steel Annahütte 304 Stainless Steel Round Bar Product Overview
10.16.3 Steel Annahütte 304 Stainless Steel Round Bar Product Market Performance
10.16.4 Steel Annahütte Business Overview
10.16.5 Steel Annahütte Recent Developments
10.17 Lingyuan Ironand Steel
10.17.1 Lingyuan Ironand Steel Basic Information
10.17.2 Lingyuan Ironand Steel 304 Stainless Steel Round Bar Product Overview
10.17.3 Lingyuan Ironand Steel 304 Stainless Steel Round Bar Product Market Performance
10.17.4 Lingyuan Ironand Steel Business Overview
10.17.5 Lingyuan Ironand Steel Recent Developments
10.18 Jiangsu Shagang Group
10.18.1 Jiangsu Shagang Group Basic Information
10.18.2 Jiangsu Shagang Group 304 Stainless Steel Round Bar Product Overview
10.18.3 Jiangsu Shagang Group 304 Stainless Steel Round Bar Product Market Performance
10.18.4 Jiangsu Shagang Group Business Overview
10.18.5 Jiangsu Shagang Group Recent Developments
10.19 Shandong Ironand Steel
10.19.1 Shandong Ironand Steel Basic Information
10.19.2 Shandong Ironand Steel 304 Stainless Steel Round Bar Product Overview
10.19.3 Shandong Ironand Steel 304 Stainless Steel Round Bar Product Market Performance
10.19.4 Shandong Ironand Steel Business Overview
10.19.5 Shandong Ironand Steel Recent Developments
10.20 Dongbei Special Steel
10.20.1 Dongbei Special Steel Basic Information
10.20.2 Dongbei Special Steel 304 Stainless Steel Round Bar Product Overview
10.20.3 Dongbei Special Steel 304 Stainless Steel Round Bar Product Market Performance
10.20.4 Dongbei Special Steel Business Overview
10.20.5 Dongbei Special Steel Recent Developments
11 304 Stainless Steel Round Bar Market Forecast by Region
11.1 Global 304 Stainless Steel Round Bar Market Size Forecast
11.2 Global 304 Stainless Steel Round Bar Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe 304 Stainless Steel Round Bar Market Size Forecast by Country
11.2.3 Asia Pacific 304 Stainless Steel Round Bar Market Size Forecast by Region
11.2.4 South America 304 Stainless Steel Round Bar Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of 304 Stainless Steel Round Bar by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global 304 Stainless Steel Round Bar Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of 304 Stainless Steel Round Bar by Type (2026-2033)
12.1.2 Global 304 Stainless Steel Round Bar Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of 304 Stainless Steel Round Bar by Type (2026-2033)
12.2 Global 304 Stainless Steel Round Bar Market Forecast by Application (2026-2033)
12.2.1 Global 304 Stainless Steel Round Bar Sales (K Units) Forecast by Application
12.2.2 Global 304 Stainless Steel Round Bar Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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