Brazil Stainless Steel Market Size & Outlook, 2021-2030

The stainless steel market in Brazil is expected to reach a projected revenue of US$ 1,632.4 million by 2030. A compound annual growth rate of 5.8% is expected of Brazil stainless steel market from 2022 to 2030.
Revenue, 2021 (US$M)
$985.6
Forecast, 2030 (US$M)
$1,632.4
CAGR, 2022 - 2030
5.8%
Report Coverage
Brazil

Brazil stainless steel market highlights

  • The Brazil stainless steel market generated a revenue of USD 985.6 million in 2021 and is expected to reach USD 1,632.4 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 5.8% from 2022 to 2030.
  • In terms of segment, 300 series was the largest revenue generating grade in 2021.
  • 300 series is the most lucrative grade segment registering the fastest growth during the forecast period.


Stainless steel market data book summary

Market revenue in 2021USD 985.6 million
Market revenue in 2030USD 1,632.4 million
Growth rate5.8% (CAGR from 2021 to 2030)
Largest segment300 series
Fastest growing segment300 series
Historical data2018 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentation200 series, 300 series, 400 series, Duplex series
Key market players worldwideAcerinox SA, Aperam, ArcelorMittal SA Depository Receipt, BAOSTEEL, Jindal Stainless, Nippon Steel Corp, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Thyssenkrupp AG, Yieh United Steel


Other key industry trends

  • In terms of revenue, Brazil accounted for 0.9% of the global stainless steel market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil stainless steel market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,632.4 million by 2030.

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Stainless Steel Market Companies

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Brazil stainless steel 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 market will help companies and investors design strategic landscapes.


300 series was the largest segment with a revenue share of 48.98% in 2021. Horizon Databook has segmented the Brazil stainless steel market based on 200 series, 300 series, 400 series, duplex series covering the revenue growth of each sub-segment from 2018 to 2030.


The infrastructure investment in order to boost the country’ s economy is to remain a key factor for stainless steel market during forecast period. The airport sector in Brazil has been provided several incentives. Four major airports in the country are being privatized and investment of around USD 1.7 billion is anticipated to require for this project. Also, in March 2019, 12 airports in the country attracted investment of around 1 billion for the next 30 years.

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  • Our clientele includes a mix of stainless steel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil stainless steel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil stainless steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil stainless steel market size, by grade, 2018-2030 (US$M)

Brazil Stainless Steel Market Outlook Share, 2021 & 2030 (US$M)

Brazil stainless steel market size, by grade, 2018-2030 (US$M)

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