Europe Stainless Steel Market Size & Outlook, 2021-2030
Europe stainless steel market, 2018-2030 (US$M)
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Europe stainless steel market highlights
- The Europe stainless steel market generated a revenue of USD 14,634.3 million in 2021.
- The market is expected to grow at a CAGR of 8% from 2022 to 2030.
- In terms of segment, 300 series was the largest revenue generating grade in 2021.
- Duplex series is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 14,634.3 million |
| Market revenue in 2030 | USD 29,170.0 million |
| Growth rate | 8% (CAGR from 2021 to 2030) |
| Largest segment | 300 series |
| Fastest growing segment | Duplex series |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 200 series, 300 series, 400 series, Duplex series |
| Key market players worldwide | Acerinox 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, Europe region accounted for 14.0% of the global stainless steel 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 165,134.6 million by 2030.
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Stainless Steel Market Scope
Stainless Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 63.72% in 2021. Horizon Databook has segmented the Europe 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.
European Union countries play a significant role in the global stainless steel market owing to large production of components and parts. Europe is characterized by the presence of large number of automakers and auto component manufacturers in Germany and massive aerospace manufacturing sector in France The growing demand for auto sector is expected to have positive impact on the stainless steel market in this region.
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Our clientele includes a mix of stainless steel 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 Europe stainless steel market , including forecasts for subscribers. This continent databook contains high-level insights into Europe stainless steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe stainless steel market size, by country, 2018-2030 (US$M)
Europe Stainless Steel Market Outlook Share, 2021 & 2030 (US$M)
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