Stainless Steel 2016 Global Market Expected to Grow at CAGR 5.65% and Forecast to 2020

WiseGuyReports.Com Publish a New Market Research Report On – “Stainless Steel 2016 Global Market Expected to Grow at CAGR 5.65% and Forecast to 2020”.

PUNE, INDIA, December 23, 2016 /EINPresswire.com/ --

The analysts forecast the global stainless steel market to grow at a CAGR of 5.65% during the period 2016-2020.
Stainless steel is an iron-based alloy containing at least 10.5% chromium by mass. In order to enhance its properties, other alloys like nickel, titanium, columbium, and molybdenum can also be added during melting. Stainless steel is resistive to corrosion, rust, and stain with water unlike ordinary steel, due to which it is used in a number of industries like household appliances, construction, automobiles, and machinery. We expect the global stainless steel market to post a CAGR of 5.24% during the forecast period.

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Covered in this report

The report covers the present scenario and the growth prospects of the global stainless steel market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of stainless steel.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
• MEA

The report, Global Stainless Steel Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Acerinox
• AK Steel
• Aperam
• Outokumpu
• POSCO

Other prominent vendors
• Guangxi Chengde Group
• JFE Steel
• Nippon Steel and Sumitomo Metal
• Shanghai Baosteel Group (Baosteel)
• TATA Steel Europe

Market driver
• Difficult extraction environment requires more corrosion prevention
• For a full, detailed list, view our report

Market challenge
• Declining ferrochrome prices
• For a full, detailed list, view our report

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Market trend
• Rationalization of capacity
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Table Of Contents – Major Key Points

PART 01: Executive summary
• Highlights

PART 02: Scope of the report
• Market overview

PART 03: Market research methodology
• Research methodology
• Economic indicators

PART 04: Introduction
• Key market highlights
• Overview
• Global steel market outlook
• Value chain

PART 05: Market landscape
• Global stainless steel market
• Five forces analysis

PART 06: Market segmentation by product form

PART 07: Market segmentation by end-user
• Global stainless steel market for metal products
• Global stainless steel market for mechanical engineering
• Global stainless steel market for automobile and transportation
• Global stainless steel market for infrastructure and construction
• Global stainless steel market for electrical engineering

PART 08: Geographical segmentation
• Stainless steel market in APAC
• Stainless steel market in Americas
• Stainless steel market in Europe

PART 09: Market drivers
• Difficult extraction environment requires more corrosion prevention
• Turkey: A bright spot
• Demand from China

PART 10: Impact of drivers

PART 11: Market challenges
• Declining ferrochrome prices
• Declining steel capacity utilization ratio
• Sluggish steel demand

PART 12: Impact of drivers and challenges

PART 13: Market trends
• Rationalization of capacity
• Declining iron ore price: Demand factor for scrap
• Pre-engineered buildings: A new wave in the market

……..CONTINUED

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