Global Ferrite Heat Resisting Steels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Ferrite Heat Resisting Steels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Ferrite Heat Resisting Steels market size was valued at USD 1155.5 million in 2023 and is forecast to a readjusted size of USD 1455.2 million by 2030 with a CAGR of 3.3% during review period.

Ferritic stainless steels have good heat and corrosion resistance; in particular they are highly resistant to chloride stress corrosion cracking although the mechanical properties, such as low-temperature toughness, are generally poorer than austenitic grades.

The steel industry is the core of global economic development, and the core of the sustainable development of modern society.In 2022, China's steel production declined year-on-year.In the first 11 months of 2022, China's crude steel production was 935 million tons, down 1.4% year-on-year, while steel production was 1.226 billion tons, down 0.7% year-on-year. Combined with the statistics of the Steel Association's ten-day report, it is expected that China's crude steel output for the whole year of 2022 will be 1.01 billion to 1.02 billion tons, down about 2% year-on-year. In the international market, global steel production declined year-on-year, and the global share of China's crude steel output increased. According to the World Steel Association, in the first 11 months of 2022, global crude steel production was 1.691 billion tons, down 3.7% year-on-year; the global share of China's crude steel production was 55.29%, up 1.31 percentage points year-on-year. According to the steel demand forecast released by the World Steel Association, global steel demand may grow by 1.0% in 2023.

The Global Info Research report includes an overview of the development of the Ferrite Heat Resisting Steels industry chain, the market status of Architecture Industry (00Cr12, 0Cr13Al), Petrifaction Industry (00Cr12, 0Cr13Al), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Ferrite Heat Resisting Steels.

Regionally, the report analyzes the Ferrite Heat Resisting Steels markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Ferrite Heat Resisting Steels market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Ferrite Heat Resisting Steels market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Ferrite Heat Resisting Steels industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., 00Cr12, 0Cr13Al).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Ferrite Heat Resisting Steels market.

Regional Analysis: The report involves examining the Ferrite Heat Resisting Steels market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Ferrite Heat Resisting Steels market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Ferrite Heat Resisting Steels:

Company Analysis: Report covers individual Ferrite Heat Resisting Steels manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Ferrite Heat Resisting Steels This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Architecture Industry, Petrifaction Industry).

Technology Analysis: Report covers specific technologies relevant to Ferrite Heat Resisting Steels. It assesses the current state, advancements, and potential future developments in Ferrite Heat Resisting Steels areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Ferrite Heat Resisting Steels market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Ferrite Heat Resisting Steels market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
00Cr12
0Cr13Al
1Cr17
2Cr25N

Market segment by Application
Architecture Industry
Petrifaction Industry
Food Industry
Mechanical Industry
Electricity Industry
Others

Major players covered
Acerinox
Aperam
Thyssenkrupp
POSCO
Ta Chen International
Jindal Stainless
ATI Metals
AK Steel
Outokumpu

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Ferrite Heat Resisting Steels product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Ferrite Heat Resisting Steels, with price, sales, revenue and global market share of Ferrite Heat Resisting Steels from 2019 to 2024.

Chapter 3, the Ferrite Heat Resisting Steels competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Ferrite Heat Resisting Steels breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Ferrite Heat Resisting Steels market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Ferrite Heat Resisting Steels.

Chapter 14 and 15, to describe Ferrite Heat Resisting Steels sales channel, distributors, customers, research findings and conclusion.