North America Stainless Steel Market Size & Outlook
North America stainless steel market, 2018-2030 (US$M)
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North America stainless steel market highlights
- The North America stainless steel market generated a revenue of USD 9,780.6 million in 2021.
- The market is expected to grow at a CAGR of 8.6% 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, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 9,780.6 million |
| Market revenue in 2030 | USD 20,633.6 million |
| Growth rate | 8.6% (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, North America region accounted for 9.4% 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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North America 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 58.65% in 2021. Horizon Databook has segmented the North America 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.
North America is among the second fastest growing regions in the stainless steel market. The growth in North America is largely driven by the growing construction and consumer goods industry. The growth of oil & gas and other heavy industries in Canada and Mexico is expected to trigger market growth in this region. The growing population in this region is also a major driver for the growth of stainless steel market.
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Target buyers of North America 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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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 North America stainless steel market , including forecasts for subscribers. This continent databook contains high-level insights into North America stainless steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America stainless steel market size, by country, 2018-2030 (US$M)
North America Stainless Steel Market Outlook Share, 2021 & 2030 (US$M)
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