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Austenitic Stainless Steel-Global Market Insights and Sales Trends 2024
Synopsis
Austenitic stainless steel is a specific type of stainless steel alloy. Stainless steels may be classified by their crystalline structure into four main types: austenitic, ferritic, martensitic and duplex.[1] These stainless steels possess austenite as their primary crystalline structure (face centered cubic). This austenite crystalline structure is achieved by sufficient additions of the austenite stabilizing elements nickel, manganese and nitrogen. Due to their crystalline structure austenitic steels are not hardenable by heat treatment and are essentially non-magnetic.
The global Austenitic Stainless Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Austenitic Stainless Steel in various end use industries. The expanding demands from the Consumer Goods, Automotive Component, Oil and Gas and Construction, are propelling Austenitic Stainless Steel market. Type 316 Austenitic Stainless Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type 304 Austenitic Stainless Steel segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Austenitic Stainless Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the Austenitic Stainless Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Austenitic Stainless Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Austenitic Stainless Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Austenitic Stainless Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Austenitic Stainless Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Austenitic Stainless Steel covered in this report include AK Steel, Baosteel, NSSMC, Hebei Iron & Steel Group, ArcelorMittal, POSCO, Shagang, Anshan Iron and Steel Group and TATA, etc.
The global Austenitic Stainless Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AK Steel
Baosteel
NSSMC
Hebei Iron & Steel Group
ArcelorMittal
POSCO
Shagang
Anshan Iron and Steel Group
TATA
JFE Holdings
Global Austenitic Stainless Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Austenitic Stainless Steel market, Segment by Type:
Type 316 Austenitic Stainless Steel
Type 304 Austenitic Stainless Steel
Type 309 Austenitic Stainless Steel
Type 310 Austenitic Stainless Steel
Global Austenitic Stainless Steel market, by Application
Consumer Goods
Automotive Component
Oil and Gas
Construction
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Austenitic Stainless Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Austenitic Stainless Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Austenitic stainless steel is a specific type of stainless steel alloy. Stainless steels may be classified by their crystalline structure into four main types: austenitic, ferritic, martensitic and duplex.[1] These stainless steels possess austenite as their primary crystalline structure (face centered cubic). This austenite crystalline structure is achieved by sufficient additions of the austenite stabilizing elements nickel, manganese and nitrogen. Due to their crystalline structure austenitic steels are not hardenable by heat treatment and are essentially non-magnetic.
The global Austenitic Stainless Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Austenitic Stainless Steel in various end use industries. The expanding demands from the Consumer Goods, Automotive Component, Oil and Gas and Construction, are propelling Austenitic Stainless Steel market. Type 316 Austenitic Stainless Steel, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Type 304 Austenitic Stainless Steel segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Austenitic Stainless Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the Austenitic Stainless Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Austenitic Stainless Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Austenitic Stainless Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Austenitic Stainless Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Austenitic Stainless Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Austenitic Stainless Steel covered in this report include AK Steel, Baosteel, NSSMC, Hebei Iron & Steel Group, ArcelorMittal, POSCO, Shagang, Anshan Iron and Steel Group and TATA, etc.
The global Austenitic Stainless Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AK Steel
Baosteel
NSSMC
Hebei Iron & Steel Group
ArcelorMittal
POSCO
Shagang
Anshan Iron and Steel Group
TATA
JFE Holdings
Global Austenitic Stainless Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Austenitic Stainless Steel market, Segment by Type:
Type 316 Austenitic Stainless Steel
Type 304 Austenitic Stainless Steel
Type 309 Austenitic Stainless Steel
Type 310 Austenitic Stainless Steel
Global Austenitic Stainless Steel market, by Application
Consumer Goods
Automotive Component
Oil and Gas
Construction
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Austenitic Stainless Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Austenitic Stainless Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Austenitic Stainless Steel Market Overview
1.1 Austenitic Stainless Steel Product Overview
1.2 Austenitic Stainless Steel Market Segment by Type
1.2.1 Type 316 Austenitic Stainless Steel
1.2.2 Type 304 Austenitic Stainless Steel
1.2.3 Type 309 Austenitic Stainless Steel
1.2.4 Type 310 Austenitic Stainless Steel
1.3 Global Austenitic Stainless Steel Market Size by Type
1.3.1 Global Austenitic Stainless Steel Market Size Overview by Type (2018-2029)
1.3.2 Global Austenitic Stainless Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global Austenitic Stainless Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Austenitic Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe Austenitic Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Austenitic Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Austenitic Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Austenitic Stainless Steel Sales Breakdown by Type (2018-2023)
2 Global Austenitic Stainless Steel Market Competition by Company
2.1 Global Top Players by Austenitic Stainless Steel Sales (2018-2023)
2.2 Global Top Players by Austenitic Stainless Steel Revenue (2018-2023)
2.3 Global Top Players by Austenitic Stainless Steel Price (2018-2023)
2.4 Global Top Manufacturers Austenitic Stainless Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 Austenitic Stainless Steel Market Competitive Situation and Trends
2.5.1 Austenitic Stainless Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Austenitic Stainless Steel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Austenitic Stainless Steel as of 2022)
2.7 Date of Key Manufacturers Enter into Austenitic Stainless Steel Market
2.8 Key Manufacturers Austenitic Stainless Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Austenitic Stainless Steel Status and Outlook by Region
3.1 Global Austenitic Stainless Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Austenitic Stainless Steel Historic Market Size by Region
3.2.1 Global Austenitic Stainless Steel Sales in Volume by Region (2018-2023)
3.2.2 Global Austenitic Stainless Steel Sales in Value by Region (2018-2023)
3.2.3 Global Austenitic Stainless Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Austenitic Stainless Steel Forecasted Market Size by Region
3.3.1 Global Austenitic Stainless Steel Sales in Volume by Region (2024-2029)
3.3.2 Global Austenitic Stainless Steel Sales in Value by Region (2024-2029)
3.3.3 Global Austenitic Stainless Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Austenitic Stainless Steel by Application
4.1 Austenitic Stainless Steel Market Segment by Application
4.1.1 Consumer Goods
4.1.2 Automotive Component
4.1.3 Oil and Gas
4.1.4 Construction
4.1.5 Other
4.2 Global Austenitic Stainless Steel Market Size by Application
4.2.1 Global Austenitic Stainless Steel Market Size Overview by Application (2018-2029)
4.2.2 Global Austenitic Stainless Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global Austenitic Stainless Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Austenitic Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe Austenitic Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Austenitic Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Austenitic Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Austenitic Stainless Steel Sales Breakdown by Application (2018-2023)
5 North America Austenitic Stainless Steel by Country
5.1 North America Austenitic Stainless Steel Historic Market Size by Country
5.1.1 North America Austenitic Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Austenitic Stainless Steel Sales in Volume by Country (2018-2023)
5.1.3 North America Austenitic Stainless Steel Sales in Value by Country (2018-2023)
5.2 North America Austenitic Stainless Steel Forecasted Market Size by Country
5.2.1 North America Austenitic Stainless Steel Sales in Volume by Country (2024-2029)
5.2.2 North America Austenitic Stainless Steel Sales in Value by Country (2024-2029)
6 Europe Austenitic Stainless Steel by Country
6.1 Europe Austenitic Stainless Steel Historic Market Size by Country
6.1.1 Europe Austenitic Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Austenitic Stainless Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe Austenitic Stainless Steel Sales in Value by Country (2018-2023)
6.2 Europe Austenitic Stainless Steel Forecasted Market Size by Country
6.2.1 Europe Austenitic Stainless Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe Austenitic Stainless Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific Austenitic Stainless Steel by Region
7.1 Asia-Pacific Austenitic Stainless Steel Historic Market Size by Region
7.1.1 Asia-Pacific Austenitic Stainless Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Austenitic Stainless Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Austenitic Stainless Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Austenitic Stainless Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific Austenitic Stainless Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Austenitic Stainless Steel Sales in Value by Region (2024-2029)
8 Latin America Austenitic Stainless Steel by Country
8.1 Latin America Austenitic Stainless Steel Historic Market Size by Country
8.1.1 Latin America Austenitic Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Austenitic Stainless Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America Austenitic Stainless Steel Sales in Value by Country (2018-2023)
8.2 Latin America Austenitic Stainless Steel Forecasted Market Size by Country
8.2.1 Latin America Austenitic Stainless Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America Austenitic Stainless Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa Austenitic Stainless Steel by Country
9.1 Middle East and Africa Austenitic Stainless Steel Historic Market Size by Country
9.1.1 Middle East and Africa Austenitic Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Austenitic Stainless Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Austenitic Stainless Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Austenitic Stainless Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa Austenitic Stainless Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Austenitic Stainless Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AK Steel
10.1.1 AK Steel Company Information
10.1.2 AK Steel Introduction and Business Overview
10.1.3 AK Steel Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AK Steel Austenitic Stainless Steel Products Offered
10.1.5 AK Steel Recent Development
10.2 Baosteel
10.2.1 Baosteel Company Information
10.2.2 Baosteel Introduction and Business Overview
10.2.3 Baosteel Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Baosteel Austenitic Stainless Steel Products Offered
10.2.5 Baosteel Recent Development
10.3 NSSMC
10.3.1 NSSMC Company Information
10.3.2 NSSMC Introduction and Business Overview
10.3.3 NSSMC Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NSSMC Austenitic Stainless Steel Products Offered
10.3.5 NSSMC Recent Development
10.4 Hebei Iron & Steel Group
10.4.1 Hebei Iron & Steel Group Company Information
10.4.2 Hebei Iron & Steel Group Introduction and Business Overview
10.4.3 Hebei Iron & Steel Group Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hebei Iron & Steel Group Austenitic Stainless Steel Products Offered
10.4.5 Hebei Iron & Steel Group Recent Development
10.5 ArcelorMittal
10.5.1 ArcelorMittal Company Information
10.5.2 ArcelorMittal Introduction and Business Overview
10.5.3 ArcelorMittal Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ArcelorMittal Austenitic Stainless Steel Products Offered
10.5.5 ArcelorMittal Recent Development
10.6 POSCO
10.6.1 POSCO Company Information
10.6.2 POSCO Introduction and Business Overview
10.6.3 POSCO Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 POSCO Austenitic Stainless Steel Products Offered
10.6.5 POSCO Recent Development
10.7 Shagang
10.7.1 Shagang Company Information
10.7.2 Shagang Introduction and Business Overview
10.7.3 Shagang Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shagang Austenitic Stainless Steel Products Offered
10.7.5 Shagang Recent Development
10.8 Anshan Iron and Steel Group
10.8.1 Anshan Iron and Steel Group Company Information
10.8.2 Anshan Iron and Steel Group Introduction and Business Overview
10.8.3 Anshan Iron and Steel Group Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Anshan Iron and Steel Group Austenitic Stainless Steel Products Offered
10.8.5 Anshan Iron and Steel Group Recent Development
10.9 TATA
10.9.1 TATA Company Information
10.9.2 TATA Introduction and Business Overview
10.9.3 TATA Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 TATA Austenitic Stainless Steel Products Offered
10.9.5 TATA Recent Development
10.10 JFE Holdings
10.10.1 JFE Holdings Company Information
10.10.2 JFE Holdings Introduction and Business Overview
10.10.3 JFE Holdings Austenitic Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 JFE Holdings Austenitic Stainless Steel Products Offered
10.10.5 JFE Holdings Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Austenitic Stainless Steel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Austenitic Stainless Steel Industrial Chain Analysis
11.4 Austenitic Stainless Steel Market Dynamics
11.4.1 Austenitic Stainless Steel Industry Trends
11.4.2 Austenitic Stainless Steel Market Drivers
11.4.3 Austenitic Stainless Steel Market Challenges
11.4.4 Austenitic Stainless Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Austenitic Stainless Steel Distributors
12.3 Austenitic Stainless Steel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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