Market Overview:
The global stainless steel foil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stainless steel foil in various applications, such as HDD suspension for PC, solar cell, metal support for automotive, reinforcement of circuit boards, springs for electronic and precision device, and others. In terms of type, the 0.1 mm stainless steel foil segment is expected to hold a major share of the market during the forecast period owing to its high demand from various end-use industries.
Product Definition:
A thin sheet of stainless steel, typically less than 0.025 in (0.635 mm) thick, used for a variety of purposes, including wrapping food and making metal cans.
0.1 mm Stainless Steel Foil:
0.1 mm stainless steel foil is a thin sheet of metal made from ferrous alloys, which is used in food packaging and medical applications. It has the ability to resist oxygen transfer, carbon dioxide transfer and water vapor transfer at high temperatures.
Less Than 0.1mm Stainless Steel Foil:
The stainless steel foil market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing penetration of stainless steel products in various end-use industries such as food & beverages, chemical processing, pharmaceuticals, and automotive.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The segment includes components such as solar cells, metal support for automotive, springs for electronic and precision devices, reinforcement of circuit boards and others. Stainless steel foils are used in spring design applications due to its high yield strength which helps in avoiding fatigue of the product.
Stainless steel foil finds application across various industries including electronics & appliances, food & beverage processing equipment among others owing to properties such as corrosion resistance ability that makes it an ideal material for manufacturing kitchenware products like baking trays or serving utensils among other products used at home or at restaurants.
Regional Analysis:
Asia Pacific dominated the global stainless steel foil market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, Indonesia and Malaysia. These countries are experiencing strong economic growth owing to various factors such as rapid industrialization and urbanization resulting from a growing population; increasing disposable income; changing lifestyles of consumers; advancements in technology adoption etc.
China was one of the largest markets for stainless steel foils with a revenue share of more than 30% in 2017 owing to its large production base for consumer electronics products along with other industries including automotive, construction materials etc. Moreover, rising foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the coming years which will further propel demand across Asia Pacific region.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging is expected to drive the stainless steel foil market growth.
- Rising disposable income of consumers in developing countries is anticipated to boost the demand for stainless steel foil products over the forecast period.
- Growing popularity of lightweight and corrosion-resistant materials in various applications is projected to fuel the market growth.
- Technological advancements in manufacturing processes are likely to provide new opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Foil Market Research Report
By Type
0.1 mm Stainless Steel Foil, Less Than 0.1mm Stainless Steel Foil
By Application
HDD Suspension for PC, Solar Cell, Metal Support for Automotive, Reinforcement of Circuit Boards, Springs for Electronic and Precision Device, Others
By Companies
NIPPON STEEL Chemical & Material, NIPPON KINZOKU, JFE Steel, Wieland, Nippon Mining & Metals, TOYO, TISCO, Qiyi Metal, Ulbrich Stainless Steels & Special Metals, Inc., Shanghai STAL, IUP Jindal Metals & Alloys Ltd., Wuxi Huasheng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Foil Market Report Segments:
The global Stainless Steel Foil market is segmented on the basis of:
Types
0.1 mm Stainless Steel Foil, Less Than 0.1mm Stainless Steel Foil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HDD Suspension for PC, Solar Cell, Metal Support for Automotive, Reinforcement of Circuit Boards, Springs for Electronic and Precision Device, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NIPPON STEEL Chemical & Material
- NIPPON KINZOKU
- JFE Steel
- Wieland
- Nippon Mining & Metals
- TOYO
- TISCO
- Qiyi Metal
- Ulbrich Stainless Steels & Special Metals, Inc.
- Shanghai STAL
- IUP Jindal Metals & Alloys Ltd.
- Wuxi Huasheng
Highlights of The Stainless Steel Foil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.1 mm Stainless Steel Foil
- Less Than 0.1mm Stainless Steel Foil
- By Application:
- HDD Suspension for PC
- Solar Cell
- Metal Support for Automotive
- Reinforcement of Circuit Boards
- Springs for Electronic and Precision Device
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Stainless Steel Foil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Stainless steel foil is a thin, shiny metal sheet that is used to cover food or other objects to prevent them from becoming contaminated. It is also used as a wrapper for food items.
Some of the major players in the stainless steel foil market are NIPPON STEEL Chemical & Material, NIPPON KINZOKU, JFE Steel, Wieland, Nippon Mining & Metals, TOYO, TISCO, Qiyi Metal, Ulbrich Stainless Steels & Special Metals, Inc., Shanghai STAL, IUP Jindal Metals & Alloys Ltd., Wuxi Huasheng.
The stainless steel foil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stainless Steel Foil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Stainless Steel Foil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Foil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Stainless Steel Foil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Stainless Steel Foil Market Size & Forecast, 2020-2028
4.5.1 Stainless Steel Foil Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Foil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 0.1 mm Stainless Steel Foil
5.2.2 Less Than 0.1mm Stainless Steel Foil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 HDD Suspension for PC
6.2.2 Solar Cell
6.2.3 Metal Support for Automotive
6.2.4 Reinforcement of Circuit Boards
6.2.5 Springs for Electronic and Precision Device
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Foil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Stainless Steel Foil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 0.1 mm Stainless Steel Foil
9.6.2 Less Than 0.1mm Stainless Steel Foil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 HDD Suspension for PC
9.10.2 Solar Cell
9.10.3 Metal Support for Automotive
9.10.4 Reinforcement of Circuit Boards
9.10.5 Springs for Electronic and Precision Device
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 0.1 mm Stainless Steel Foil
10.6.2 Less Than 0.1mm Stainless Steel Foil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 HDD Suspension for PC
10.10.2 Solar Cell
10.10.3 Metal Support for Automotive
10.10.4 Reinforcement of Circuit Boards
10.10.5 Springs for Electronic and Precision Device
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 0.1 mm Stainless Steel Foil
11.6.2 Less Than 0.1mm Stainless Steel Foil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 HDD Suspension for PC
11.10.2 Solar Cell
11.10.3 Metal Support for Automotive
11.10.4 Reinforcement of Circuit Boards
11.10.5 Springs for Electronic and Precision Device
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 0.1 mm Stainless Steel Foil
12.6.2 Less Than 0.1mm Stainless Steel Foil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 HDD Suspension for PC
12.10.2 Solar Cell
12.10.3 Metal Support for Automotive
12.10.4 Reinforcement of Circuit Boards
12.10.5 Springs for Electronic and Precision Device
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 0.1 mm Stainless Steel Foil
13.6.2 Less Than 0.1mm Stainless Steel Foil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 HDD Suspension for PC
13.10.2 Solar Cell
13.10.3 Metal Support for Automotive
13.10.4 Reinforcement of Circuit Boards
13.10.5 Springs for Electronic and Precision Device
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Stainless Steel Foil Market: Competitive Dashboard
14.2 Global Stainless Steel Foil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIPPON STEEL Chemical & Material
14.3.2 NIPPON KINZOKU
14.3.3 JFE Steel
14.3.4 Wieland
14.3.5 Nippon Mining & Metals
14.3.6 TOYO
14.3.7 TISCO
14.3.8 Qiyi Metal
14.3.9 Ulbrich Stainless Steels & Special Metals, Inc.
14.3.10 Shanghai STAL
14.3.11 IUP Jindal Metals & Alloys Ltd.
14.3.12 Wuxi Huasheng
