Global Ferritic Stainless Steel Strip Supply, Demand and Key Producers, 2023-2029

Global Ferritic Stainless Steel Strip Supply, Demand and Key Producers, 2023-2029

The global Ferritic Stainless Steel Strip market size is expected to reach $ 1802.2 million by 2029, rising at a market growth of 5.9% CAGR during the forecast period (2023-2029).

Ferritic stainless steel strip has the characteristics of low cost, stable price, good corrosion resistance and oxidation resistance, excellent magnetism and thermal conductivity, etc. It can replace austenitic stainless steel in many fields, such as automobile industry, household appliance industry, construction industry, industrial equipment, etc.

Ferritic stainless steel strip is a type of metal product that is made of ferritic stainless steel, which is a category of stainless steel alloy. Ferritic stainless steel is characterized by its high chromium content, typically ranging from 10.5% to 30%, which gives it remarkable resistance to corrosion in oxidizing environments. Unlike austenitic stainless steel, ferritic stainless steel is magnetic due to its crystalline microstructure. It generally contains low carbon content and lacks the nickel that characterizes austenitic grades. This renders it less ductile and less prone to work hardening, limiting its formability. Despite this, ferritic stainless steel offers advantages such as excellent corrosion resistance, good thermal conductivity, and relatively low thermal expansion. It finds applications in various industries, such as automotive, appliances, architecture, and industrial equipment

This report studies the global Ferritic Stainless Steel Strip production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Ferritic Stainless Steel Strip, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Ferritic Stainless Steel Strip that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Ferritic Stainless Steel Strip total production and demand, 2018-2029, (Tons)

Global Ferritic Stainless Steel Strip total production value, 2018-2029, (USD Million)

Global Ferritic Stainless Steel Strip production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Ferritic Stainless Steel Strip consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Ferritic Stainless Steel Strip domestic production, consumption, key domestic manufacturers and share

Global Ferritic Stainless Steel Strip production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Ferritic Stainless Steel Strip production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Ferritic Stainless Steel Strip production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Ferritic Stainless Steel Strip market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ronsco, Nisshin Steel, JFE Steel Corporation, SSMCO, HZW Technology, Ulbrich, Knight Group, Saky Steel and Fushun Special Steel, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Ferritic Stainless Steel Strip market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Ferritic Stainless Steel Strip Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Ferritic Stainless Steel Strip Market, Segmentation by Type
Type 430
Type 409
Type 439
Type 444
Other

Global Ferritic Stainless Steel Strip Market, Segmentation by Application
Automotive Industry
Home Appliance Industry
Construction Industry
Industrial Equipment
Other

Companies Profiled:
Ronsco
Nisshin Steel
JFE Steel Corporation
SSMCO
HZW Technology
Ulbrich
Knight Group
Saky Steel
Fushun Special Steel
Sandmeyer Steel Company
Wuxi Guanglu Special Steel
Outokumpu
AK Steel
Jindal Stainless

Key Questions Answered

1. How big is the global Ferritic Stainless Steel Strip market?

2. What is the demand of the global Ferritic Stainless Steel Strip market?

3. What is the year over year growth of the global Ferritic Stainless Steel Strip market?

4. What is the production and production value of the global Ferritic Stainless Steel Strip market?

5. Who are the key producers in the global Ferritic Stainless Steel Strip market?