Global Ferritic Stainless Steel Strip Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Ferritic Stainless Steel Strip market size was valued at US$ 1347 million in 2024 and is forecast to a readjusted size of USD 2024 million by 2031 with a CAGR of 6.1% during review period.

Ferritic stainless steel strip is a type of metal product that is made of ferritic stainless steel, which is a category of stainless steel alloy. Ferritic stainless steel is characterized by its high chromium content, typically ranging from 10.5% to 30%, which gives it remarkable resistance to corrosion in oxidizing environments. Unlike austenitic stainless steel, ferritic stainless steel is magnetic due to its crystalline microstructure. It generally contains low carbon content and lacks the nickel that characterizes austenitic grades. This renders it less ductile and less prone to work hardening, limiting its formability. Despite this, ferritic stainless steel offers advantages such as excellent corrosion resistance, good thermal conductivity, and relatively low thermal expansion. It finds applications in various industries, such as automotive, appliances, architecture, and industrial equipment

Ferritic stainless steel strip has the characteristics of low cost, stable price, good corrosion resistance and oxidation resistance, excellent magnetism and thermal conductivity, etc. It can replace austenitic stainless steel in many fields, such as automobile industry, household appliance industry, construction industry, industrial equipment, etc.

This report is a detailed and comprehensive analysis for global Ferritic Stainless Steel Strip market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Ferritic Stainless Steel Strip market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Ferritic Stainless Steel Strip market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Ferritic Stainless Steel Strip market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031

Global Ferritic Stainless Steel Strip market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Ferritic Stainless Steel Strip

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Ferritic Stainless Steel Strip market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ronsco, Nisshin Steel, JFE Steel Corporation, SSMCO, HZW Technology, Ulbrich, Knight Group, Saky Steel, Fushun Special Steel, Sandmeyer Steel Company, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Ferritic Stainless Steel Strip market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Type 430
Type 409
Type 439
Type 444
Other

Market segment by Application
Automotive Industry
Home Appliance Industry
Construction Industry
Industrial Equipment
Other

Major players covered
Ronsco
Nisshin Steel
JFE Steel Corporation
SSMCO
HZW Technology
Ulbrich
Knight Group
Saky Steel
Fushun Special Steel
Sandmeyer Steel Company
Wuxi Guanglu Special Steel
Outokumpu
AK Steel
Jindal Stainless

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Ferritic Stainless Steel Strip product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Ferritic Stainless Steel Strip, with price, sales quantity, revenue, and global market share of Ferritic Stainless Steel Strip from 2020 to 2025.

Chapter 3, the Ferritic Stainless Steel Strip competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Ferritic Stainless Steel Strip breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Ferritic Stainless Steel Strip market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Ferritic Stainless Steel Strip.

Chapter 14 and 15, to describe Ferritic Stainless Steel Strip sales channel, distributors, customers, research findings and conclusion.