UK Stainless Steel Market Size & Outlook, 2021-2030
UK stainless steel market, 2018-2030 (US$M)
Related Markets
UK stainless steel market highlights
- The UK stainless steel market generated a revenue of USD 500.5 million in 2021 and is expected to reach USD 905.7 million by 2030.
- The UK market is expected to grow at a CAGR of 6.8% 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.
Stainless steel market data book summary
| Market revenue in 2021 | USD 500.5 million |
| Market revenue in 2030 | USD 905.7 million |
| Growth rate | 6.8% (CAGR from 2021 to 2030) |
| Largest segment | 300 series |
| Fastest growing segment | Duplex 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, UK accounted for 0.5% 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 Europe, Germany stainless steel market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 4,054.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Stainless Steel Market Scope
Stainless Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 63.96% in 2021. Horizon Databook has segmented the UK 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.
In the recent past, automotive sector in the UK has benefited from investments from major automakers including Toyota, Nissan, Ford, BMW Group, and Jaguar Land Rover. However, market growth is not limited to automakers only. The supply chain which caters to these automakers has also observed a demand with increasing opportunities.
As per The Society of Motor Manufacturers and Traders Ltd (SMMT), automotive accounts for 10% of share in goods trading in the country. In addition, the UK automotive market generated around USD 100 billion of revenue in 2018. The country is characterized by 2,500 suppliers, 20 R&D centers, 9 engine manufactures, and over 60 specialist car makers in 2018.
Reasons to subscribe to UK stainless steel market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK stainless steel market databook
-
Our clientele includes a mix of stainless steel market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 UK stainless steel market , including forecasts for subscribers. This country databook contains high-level insights into UK stainless steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK stainless steel market size, by grade, 2018-2030 (US$M)
UK Stainless Steel Market Outlook Share, 2021 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
