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Global Steel Market with Focus on Stainless Steel Market: Size, Trends & Forecasts (2019-2023)

Global Steel Market with Focus on Stainless Steel Market: Size, Trends & Forecasts (2019-2023)

Scope of the Report

The report entitled “Global Steel Market with Focus on Stainless Steel: Size, Trends & Forecasts (2019-2023)” provides an in-depth analysis of the stainless steel market including detailed description of market sizing and growth. The report provides analysis of the steel market by production and by demand. 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.

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.


1. Executive Summary
2. Introduction
2.1 Steel: An Overview
Table 1: Steel Classification
2.1.1 History of Steel
2.1.2 Uses of Steel
Table 2: Uses of Steel
2.1.3 Steel Production Process
Table 3: Steel Production Process
2.1.4 Steel Life Cycle
Table 4: Steel Life Cycle
2.1.5 Production Methods of Steel
Table 5: Production Methods of Steel
2.2 Steel Segmentation: An Overview
2.2.1 Steel Segmentation by Type
Table 6: Steel Segmentation by Type
2.2.2 Steel Segmentation by Production Method and Application
Table 7: Steel Segmentation by Production Method and Application
2.3 Stainless Steel: An Overview
Table 8: Types of Stainless Steel
2.4 Advantages of Stainless Steel
Table 9: Advantages of Stainless Steel
3. Global Market Analysis
3.1 Global Steel Market: An Analysis
3.1.1 Global Steel Market by Production
Table 10: Global Steel Market by Production; 2013-2017 (Million Tonnes)
3.1.2 Global Steel Market by Demand
Table 11: Global Steel Market by Demand; 2014-2018 (Million Tonnes)
Table 12: Global Steel Market by Demand; 2019-2023 (Million Tonnes)
3.1.3 Global Steel Demand by Region (Asia, Europe, North America, Commonwealth of Independent States (CIS), South America, Africa, Middle East, Ocenia, Other)
Table 13: Global Steel Demand by Region; 2018 (Percentage, %)
3.1.4 Global Steel Market by Industries (Construction, Machinery, Automotive, Metal Product, Shipbuilding, Electrical Equipment, Appliances)
Table 14: Global Steel Market by Industries; 2018 (Percentage, %)
3.2 Global Stainless Steel Market: An Analysis
3.2.1 Global Stainless Steel Market by Value
Table 15: Global Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 16: Global Stainless Steel Market by Value; 2019-2023 (US$ Billion)
3.2.2 Global Stainless Steel Market Value by Region (China, ROW)
Table 17: Global Stainless Steel Market Value by Region; 2018 (Percentage, %)
3.2.3 Global Stainless Steel Market by Production
Table 18: Global Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
3.2.4 Global Stainless Steel Production by Region (China, Europe, India, Japan, The US, ROW)
Table 19: Global Stainless Steel Production by Region; 2017 (Percentage, %)
3.2.5 Global Stainless Steel Market by Consumption
Table 20: Global Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 21: Global Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
3.2.6 Global Stainless Steel Consumption by Region (Asia, Europe, Americas, ROW)
Table 22: Global Stainless Steel Consumption by Region; 2018 (Percentage, %)
3.2.7 Global Stainless Steel Consumption by Application (Consumer Goods and Medicals, Chemical Petroleum and Energy, Architecture, Building and Construction (ABC) & Infrastructure, Automotive and Heavy Transport, Industrial and Heavy Machinery)
Table 23: Global Stainless Steel Consumption by Application; 2018 (Percentage, %)
3.3 Global Stainless Steel Market: Application Analysis
3.3.1 Global Consumer Goods and Medicals Stainless Steel Market by Consumption
Table 24: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Table 25: Global Consumer Goods and Medicals Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
3.3.2 Global Chemical Petroleum and Energy Stainless Steel Market by Consumption
Table 26: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Table 27: Global Chemical Petroleum and Energy Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
3.3.3 Global Automotive and Heavy Transport Stainless Steel Market by Consumption
Table 28: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Table 29: Global Automotive and Heavy Transport Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
3.3.4 Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption
Table 30: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Table 31: Global Architecture, Building and Construction (ABC) & Infrastructure Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
3.3.5 Global Industrial and Heavy Machinery Stainless Steel Market by Consumption
Table 32: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; 2017-2018 (Million Tonnes)
Table 33: Global Industrial and Heavy Machinery Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4. Regional Market Analysis
4.1 Europe Stainless Steel Market: An Analysis
4.1.1 Europe Stainless Steel Market by Production
Table 34: Europe Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.1.2 Europe Stainless Steel Market by Consumption
Table 35: Europe Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 36: Europe Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.2 Americas Stainless Steel Market: An Analysis
4.2.1 Americas Stainless Steel Market by Consumption
Table 37: Americas Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 38: Americas Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.2.2 The US Stainless Steel Market by Production
Table 39: The US Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.3 ROW Stainless Steel Market: An Analysis
4.3.1 ROW Stainless Steel Market by Value
Table 40: ROW Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 41: ROW Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.3.2 ROW Stainless Steel Market by Production
Table 42: ROW Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.3.3 ROW Stainless Steel Market by Consumption
Table 43: ROW Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 44: ROW Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.4 Asia Stainless Steel Market: An Analysis
4.4.1 Asia Stainless Steel Market by Consumption
Table 45: Asia Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 46: Asia Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.4.2 Asia Stainless Steel Consumption by Region (China, India, Asia (Excluding China & India))
Table 47: Asia Stainless Steel Consumption by Region; 2018 (Percentage, %)
4.5 Asia Stainless Steel Market: Regional Analysis
4.5.1 China Stainless Steel Market by Value
Table 48: China Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 49: China Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.2 China Stainless Steel Market by Production
Table 50: China Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.5.3 China Stainless Steel Market by Consumption
Table 51: China Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 52: China Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.5.4 China Stainless Steel Market by Segments (300 Series, 400 Series, 200 Series, Duplex Series, Others)
Table 53: China Stainless Steel Market by Segments; 2018 (Percentage, %)
4.5.5 China 300 Series Stainless Steel Market by Value
Table 54: China 300 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 55: China 300 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.6 China 400 Series Stainless Steel Market by Value
Table 56: China 400 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 57: China 400 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.7 China 200 Series Stainless Steel Market by Value
Table 58: China 200 Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 59: China 200 Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.8 China Duplex Series Stainless Steel Market by Value
Table 60: China Duplex Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 61: China Duplex Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.9 China Other Series Stainless Steel Market by Value
Table 62: China Other Series Stainless Steel Market by Value; 2016-2018 (US$ Billion)
Table 63: China Other Series Stainless Steel Market by Value; 2019-2023 (US$ Billion)
4.5.10 Japan Stainless Steel Market by Production
Table 64: Japan Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.5.11 India Stainless Steel Market by Production
Table 65: India Stainless Steel Market by Production; 2013-2017 (Million Tonnes)
4.5.12 India Stainless Steel Market by Consumption
Table 66: India Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 67: India Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
4.5.13 Asia (Excluding China & India) Stainless Steel Market by Consumption
Table 68: Asia (Excluding China & India) Stainless Steel Market by Consumption; 2014-2018 (Million Tonnes)
Table 69: Asia (Excluding China & India) Stainless Steel Market by Consumption; 2019-2023 (Million Tonnes)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rapid Urbanization
Table 70: Global Urban Population; 2012-2018 (Billion)
5.1.2 Growing Investments in Infrastructure Sector
Table 71: Global Infrastructure Investments; 2013-2023 (US$ Trillion)
5.1.3 Increasing Automotive Production
Table 72: Global Automotive Production; 2013-2017 (Million Units)
5.1.4 Growing Food Industry
Table 73: Global Food and Grocery Retail Market by Value; 2015-2020 (US$ Trillion)
5.1.5 Rising GDP Per Capita
Table 74: Global GDP Per Capita; 2012-2018 (US$ Thousand)
5.2 Challenges
5.2.1 Volatility in Raw Material Prices
Table 75: LME (London Metal Exchange) Nickel Prices; December 2017-December 2018 (US$ Thousand per Tonne)
5.2.2 Rising Market Competitors
5.3 Market Trends
5.3.1 Rising Use in Pre-engineered Buildings (PEBs)
Table 76: Global Pre-Engineered Building (PEB) Market by Value; 2017-2025 (US$ Billion)
5.3.2 Steel Scrap Utilization for Stainless Steel Production
Table 77: Global Steel Scrap Use; 2013-2017 (Million Tonnes)
5.3.3 Growing Use in Medical Technology Industry
Table 78: Global Medical Technology Industry Growth; 2016-2019 (Percentage, %)
6. Competitive Landscape
6.1 Global Stainless Steel Market Players: Financial Comparison
Table 79: Global Stainless Steel Market Players Financial Comparison; 2017/2018
6.2 Global Stainless Steel Market Players by Production Capacity
Table 80: Global Stainless Steel Market Players by Production Capacity; 2015-2018 (Million Tonne)
6.3 India Stainless Steel Market Players by Production Capacity
Table 81: India Stainless Steel Market Players by Production Capacity; 2018 (Kilotonne)
7. Company Profiles
7.1 ArcelorMittal
7.1.1 Business Overview
7.1.2 Financial Overview
Table 82: ArcelorMittal Sales; 2013-2017 (US$ Billion)
Table 83: ArcelorMittal Sales by Segments; 2017 (Percentage, %)
Table 84: ArcelorMittal Sales by Region; 2017 (Percentage, %)
7.1.3 Business Strategy
7.2 Nippon Steel & Sumitomo Metal Corporation (NSSMC)
7.2.1 Business Overview
7.2.2 Financial Overview
Table 85: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales; 2014-2018 (US$ Billion)
Table 86: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales by Segments; 2018 (Percentage, %)
Table 87: Nippon Steel & Sumitomo Metal Corporation (NSSMC) Net Sales by Region; 2018 (Percentage, %)
7.2.3 Business Strategy
7.3 Outokumpu
7.3.1 Business Overview
7.3.2 Financial Overview
Table 88: Outokumpu Sales; 2013-2017 (US$ Billion)
Table 89: Outokumpu Sales by Segments; 2017 (Percentage, %)
Table 90: Outokumpu Sales by Region; 2017 (Percentage, %)
7.3.3 Business Strategy
7.4 POSCO
7.4.1 Business Overview
7.4.2 Financial Overview
Table 91: POSCO Revenue; 2013-2017 (US$ Billion)
7.4.3 Business Strategy

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