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Global Stainless Steel Market 2016-2020 - New Market Report

Fast Market Research announces the availability of the new TechNavio report, "Global Stainless Steel Market 2016-2020", on their comprehensive research portal


Boston, MA -- (SBWIRE) -- 11/15/2016 -- Stainless steel is an iron-based alloy containing at least 10.5% chromium by mass. In order to enhance its properties, other alloys like nickel, titanium, columbium, and molybdenum can also be added during melting. Stainless steel is resistive to corrosion, rust, and stain with water unlike ordinary steel, due to which it is used in a number of industries like household appliances, construction, automobiles, and machinery. We expect the global stainless steel market to post a CAGR of 5.24% during the forecast period.

Technavio's analysts forecast the global stainless steel market to grow at a CAGR of 5.65% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global stainless steel market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of stainless steel.

Get More Details on this Report and a Full Table of Contents at Global Stainless Steel Market 2016-2020

The market is divided into the following segments based on geography:


Technavio's report, Global Stainless Steel Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-AK Steel

Other prominent vendors

-Guangxi Chengde Group
-JFE Steel
-Nippon Steel and Sumitomo Metal
-Shanghai Baosteel Group (Baosteel)
-TATA Steel Europe

Market driver

-Difficult extraction environment requires more corrosion prevention
-For a full, detailed list, view our report

Market challenge

-Declining ferrochrome prices
-For a full, detailed list, view our report

Market trend

-Rationalization of capacity
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Acerinox AK Steel Aperam Outokumpu, POSCO, Guangxi Chengde Group, JFE Steel, Nippon Steel and Sumitomo Metal, Shanghai Baosteel Group (Baosteel), TATA Steel Europe

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