Global Ferritic Stainless Steel Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Ferritic Stainless Steel market size was valued at US$ 536 million in 2024 and is forecast to a readjusted size of USD 708 million by 2031 with a CAGR of 4.1% during review period.

Ferritic stainless steel is a type of stainless steel alloy characterized by its high chromium content and the presence of little to no nickel. It offers good corrosion resistance and is often used in applications where formability and weldability are important.

Ferritic stainless steel is commonly used in automotive exhaust systems, kitchen appliances, and architectural applications. The market for these alloys remains stable, with a focus on improving their corrosion resistance and mechanical properties.

This report is a detailed and comprehensive analysis for global Ferritic Stainless Steel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Ferritic Stainless Steel market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Ferritic Stainless Steel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Ferritic Stainless Steel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031

Global Ferritic Stainless Steel market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Ferritic Stainless Steel

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Ferritic Stainless Steel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Acerinox, Aperam, Thyssen Krupp, Pohang Iron & Steel(Posco), Ta Chen International, Jindal Stainless, Allegheny Flat Rolled Products, North American Stainless, AK Steel, Outokumpu Europe, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Ferritic Stainless Steel market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Type 409
Type 430
Type 434
Others

Market segment by Application
Construction
Automotive
Shipbuilding
Machinery

Major players covered
Acerinox
Aperam
Thyssen Krupp
Pohang Iron & Steel(Posco)
Ta Chen International
Jindal Stainless
Allegheny Flat Rolled Products
North American Stainless
AK Steel
Outokumpu Europe
Outokumpu USA
Mexinox
Shree Khodal Industrial Engineering Company

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 Ferritic Stainless Steel product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Ferritic Stainless Steel, with price, sales quantity, revenue, and global market share of Ferritic Stainless Steel from 2020 to 2025.

Chapter 3, the Ferritic Stainless Steel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Ferritic Stainless Steel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

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 2020 to 2025.and Ferritic Stainless Steel market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

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 Ferritic Stainless Steel.

Chapter 14 and 15, to describe Ferritic Stainless Steel sales channel, distributors, customers, research findings and conclusion.