Japan Stainless Steel Market Size & Outlook, 2025-2030
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Japan stainless steel market highlights
- The Japan stainless steel market generated a revenue of USD 6,736.8 million in 2024 and is expected to reach USD 9,568.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, 300 series was the largest revenue generating grade in 2024.
- 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 2024 | USD 6,736.8 million |
| Market revenue in 2030 | USD 9,568.2 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | 300 series |
| Fastest growing segment | 300 series |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 200 series, 300 series, 400 series, Duplex series, Other Grade |
| 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, Japan accounted for 5.3% of the global stainless steel market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China stainless steel market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 15,785.5 million by 2030.
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Stainless Steel Market Scope
Stainless Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aperam | View profile | 5001-10000 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.aperam.com |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.jindalstainless.com/ |
| Yieh United Steel | View profile | 51-100 | Kaohsiung, T'ai-wan, Taiwan, Asia | http://www.yusco.com.tw |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Outokumpu Oyj Class A | View profile | 8776 | Salmisaarenranta 11, Helsinki, Finland, FI-00180 | https://www.outokumpu.com |
| Acerinox SA | View profile | 8245 | Calle Santiago de Compostela, no. 100, Madrid, Spain, 28035 | https://www.acerinox.com |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
Japan 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 52.14% in 2024. Horizon Databook has segmented the Japan stainless steel market based on 200 series, 300 series, 400 series, duplex series, other grade covering the revenue growth of each sub-segment from 2018 to 2030.
Auto sector is one of the key contributor in the stainless steel industry of Japan. The overall production of vehicles in Japan was increased by 0.4% from 2017 to 2018 as per OICA. In March 2019, Toyota Motor Corp. signed an agreement with Subaru Corp. to jointly develop a new electric car, which is expected to be on road by 2021. The growing production of electric vehicles is expected to boost the demand for stainless steel over the forecast period.
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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 Japan stainless steel market , including forecasts for subscribers. This country databook contains high-level insights into Japan stainless steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan Product - Stainless Steel Market size, 2024 - 2030 (US$M)
Japan Stainless Steel Market Outlook Share, 2024 & 2030 (US$M)
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