North America Stainless Steel 400 Series Market Size & Outlook
North America stainless steel 400 series market, 2018-2030 (US$M)
Related Markets
North America stainless steel 400 series market highlights
- The North America stainless steel 400 series market generated a revenue of USD 4,005.7 million in 2021.
- The market is expected to grow at a CAGR of 6.7% 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, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 4,005.7 million |
| Market revenue in 2030 | USD 7,154.2 million |
| Growth rate | 6.7% (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, North America region accounted for 14.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Stainless Steel 400 Series Market Scope
Stainless Steel 400 Series Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 36.33% in 2021. Horizon Databook has segmented the North America 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.
The demand for stainless steel 400 series in North America is largely driven by its flourishing construction and consumer goods industries. The growth of the oil & gas and other heavy industries in Canada and Mexico is expected to further trigger the demand for 400 series stainless steel in this region.
The construction industry in North America witnessed significant growth in 2021. It was mainly due to wage increases and low additional housing borrowing costs. This was supported by the flow of investments by government in major cities of the region.
The aging infrastructures remain a key factor for the growth of stainless steel 400 series market in North America. Investments included in the Bipartisan Infrastructure Law seek to address key impediments to economic growth.
Reasons to subscribe to North America stainless steel 400 series market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America stainless steel 400 series market databook
-
Our clientele includes a mix of stainless steel 400 series market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America stainless steel 400 series market , including forecasts for subscribers. This continent databook contains high-level insights into North America stainless steel 400 series market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America stainless steel 400 series market size, by country, 2018-2030 (US$M)
North America Stainless Steel 400 Series Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
