Asia Pacific Stainless Steel 400 Series Market Size & Outlook
Asia Pacific stainless steel 400 series market, 2018-2030 (US$M)
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Asia Pacific stainless steel 400 series market highlights
- The Asia Pacific stainless steel 400 series market generated a revenue of USD 18,331.0 million in 2021.
- The market is expected to grow at a CAGR of 7.9% from 2022 to 2030.
- In terms of segment, consumer goods was the largest revenue generating application in 2021.
- Consumer goods is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 18,331.0 million |
| Market revenue in 2030 | USD 36,238.9 million |
| Growth rate | 7.9% (CAGR from 2021 to 2030) |
| Largest segment | Consumer goods |
| Fastest growing segment | Consumer goods |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Automotive & Transportation, Consumer goods, Mechanical Engineering & Heavy Industries, Medical, Aerospace, Other |
| Key market players worldwide | Acerinox SA, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Thyssenkrupp AG, BAOSTEEL, Yieh United Steel, Jindal Stainless, Fushun Special Steel, Aperam |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 67.8% of the global stainless steel 400 series market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 36,238.9 million by 2030.
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Stainless Steel 400 Series Market Scope
Stainless Steel 400 Series Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific stainless steel 400 series market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to stainless steel 400 series market will help companies and investors design strategic landscapes.
Consumer goods was the largest segment with a revenue share of 37.32% in 2021. Horizon Databook has segmented the Asia Pacific stainless steel 400 series market based on building & construction, automotive & transportation, consumer goods, mechanical engineering & heavy industries, medical, aerospace, other covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing manufacturing activities and surging foreign investments are the key drivers fueling the growth of the stainless steel 400 series market in the Asia Pacific. The flourishing end-use industries such as automotive, aerospace, medical, and building & construction in the region An increase in FDIs in Asia Pacific has led to the enhanced development of different industries resulting in a rise in demand for stainless steel 400 series in the region.
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Target buyers of Asia Pacific stainless steel 400 series market databook
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Our clientele includes a mix of stainless steel 400 series market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific stainless steel 400 series market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific stainless steel 400 series market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific stainless steel 400 series market size, by country, 2018-2030 (US$M)
Asia Pacific Stainless Steel 400 Series Market Outlook Share, 2021 & 2030 (US$M)
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