Japan Stainless Steel Market Size & Outlook, 2021-2030
Japan stainless steel market, 2018-2030 (US$M)
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Japan stainless steel market highlights
- The Japan stainless steel market generated a revenue of USD 6,108.9 million in 2021 and is expected to reach USD 11,410.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.2% 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 2021 | USD 6,108.9 million |
| Market revenue in 2030 | USD 11,410.8 million |
| Growth rate | 7.2% (CAGR from 2021 to 2030) |
| Largest segment | 300 series |
| Fastest growing segment | 300 series |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Japan accounted for 5.9% 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 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 18,825.3 million by 2030.
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Stainless Steel Market Scope
Stainless Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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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 48.25% in 2021. Horizon Databook has segmented the Japan 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.
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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Target buyers of Japan stainless steel market databook
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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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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 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 stainless steel market size, by grade, 2018-2030 (US$M)
Japan Stainless Steel Market Outlook Share, 2021 & 2030 (US$M)
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