The global stainless steel round bar market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the market can be attributed to the increasing demand for stainless steel in various applications such as automotive, heavy engineering, defense and aerospace. The demand for stainless steel in these applications is expected to increase due to its corrosion resistance properties and high strength-to-weight ratio which make it suitable for use in these industries. The global stainless steel round bar market has been segmented on the basis of type into hot rolled and cold rolled; on the basis of application into automobile, heavy engineering, defense and aerospace; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Stainless steel is a metal alloy with a minimum of 10% chromium content by weight.
- The stainless steel market is driven by the increasing demand for stainless steel in various industries such as automotive, construction, and food processing.
- The increasing demand for stainless steel in the automotive industry is due to its corrosion resistance properties which make it an ideal material for use in car manufacturing and other related industries such as aerospace and marine engineering where corrosion resistance is required to protect against salt water or other corrosive environments.
- The construction industry also drives the demand for stainless steel due to its durability and strength properties which make it an ideal material for use in building structures that require high levels of durability such as bridges, buildings, etcetera.
- Food processing also drives the demand for stainless steel due to its corrosion resistance properties which make it an ideal material when used in food processing equipment.
Industry Growth Insights published a new data on “Stainless Steel Round Bar Market”. The research report is titled “Stainless Steel Round Bar Market research by Types (Hot rolled, Cold rolled), By Applications (Automobile, Heavy engineering, Defense and aerospace), By Players/Companies J. H. Stainless, ArcelorMittal, ATI, Dongbei Special Steel, Shri Bhagavati Bright Bars, Crucible Industries, Garelick Steel, Tsingshan Holding Group, ThyssenKrupp Materials, WalsinLihwa, Valbruna Stainless”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Round Bar Market Research Report
By Type
Hot rolled, Cold rolled
By Application
Automobile, Heavy engineering, Defense and aerospace
By Companies
J. H. Stainless, ArcelorMittal, ATI, Dongbei Special Steel, Shri Bhagavati Bright Bars, Crucible Industries, Garelick Steel, Tsingshan Holding Group, ThyssenKrupp Materials, WalsinLihwa, Valbruna Stainless
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Round Bar Market Report Segments:
The global Stainless Steel Round Bar market is segmented on the basis of:
Types
Hot rolled, Cold rolled
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
Automobile, Heavy engineering, Defense and aerospace
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:
- J. H. Stainless
- ArcelorMittal
- ATI
- Dongbei Special Steel
- Shri Bhagavati Bright Bars
- Crucible Industries
- Garelick Steel
- Tsingshan Holding Group
- ThyssenKrupp Materials
- WalsinLihwa
- Valbruna Stainless
Highlights of The Stainless Steel Round Bar 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:
- Hot rolled
- Cold rolled
- By Application:
- Automobile
- Heavy engineering
- Defense and aerospace
- 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 Round Bar 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.
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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?
A stainless steel round bar is a type of metal that is made from a single sheet of metal that has been rolled into a round shape. Stainless steel round bars are often used in industrial applications because they are strong and resistant to corrosion.
Some of the major players in the stainless steel round bar market are J. H. Stainless, ArcelorMittal, ATI, Dongbei Special Steel, Shri Bhagavati Bright Bars, Crucible Industries, Garelick Steel, Tsingshan Holding Group, ThyssenKrupp Materials, WalsinLihwa, Valbruna Stainless.
The stainless steel round bar market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stainless Steel Round Bar Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stainless Steel Round Bar Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Round Bar Market - Supply Chain
4.5. Global Stainless Steel Round Bar Market Forecast
4.5.1. Stainless Steel Round Bar Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Round Bar Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Round Bar Market Absolute $ Opportunity
5. Global Stainless Steel Round Bar Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stainless Steel Round Bar Market Size and Volume Forecast by Type
5.3.1. Hot rolled
5.3.2. Cold rolled
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Round Bar Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stainless Steel Round Bar Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Heavy engineering
6.3.3. Defense and aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stainless Steel Round Bar Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stainless Steel Round Bar Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stainless Steel Round Bar Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stainless Steel Round Bar Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stainless Steel Round Bar Demand Share Forecast, 2019-2026
9. North America Stainless Steel Round Bar Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stainless Steel Round Bar Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stainless Steel Round Bar Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Heavy engineering
9.4.3. Defense and aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stainless Steel Round Bar Market Size and Volume Forecast by Type
9.7.1. Hot rolled
9.7.2. Cold rolled
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stainless Steel Round Bar Demand Share Forecast, 2019-2026
10. Latin America Stainless Steel Round Bar Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stainless Steel Round Bar Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stainless Steel Round Bar Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Heavy engineering
10.4.3. Defense and aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stainless Steel Round Bar Market Size and Volume Forecast by Type
10.7.1. Hot rolled
10.7.2. Cold rolled
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stainless Steel Round Bar Demand Share Forecast, 2019-2026
11. Europe Stainless Steel Round Bar Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stainless Steel Round Bar Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stainless Steel Round Bar Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Heavy engineering
11.4.3. Defense and aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stainless Steel Round Bar Market Size and Volume Forecast by Type
11.7.1. Hot rolled
11.7.2. Cold rolled
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections y Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stainless Steel Round Bar Demand Share, 2019-2026
12. Asia Pacific Stainless Steel Round Bar Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stainless Steel Round Bar Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stainless Steel Round Bar Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Heavy engineering
12.4.3. Defense and aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stainless Steel Round Bar Market Size and Volume Forecast by Type
12.7.1. Hot rolled
12.7.2. Cold rolled
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stainless Steel Round Bar Demand Share, 2019-2026
13. Middle East & Africa Stainless Steel Round Bar Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stainless Steel Round Bar Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stainless Steel Round Bar Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Heavy engineering
13.4.3. Defense and aerospace
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stainless Steel Round Bar Market Size and Volume Forecast by Type
13.7.1. Hot rolled
13.7.2. Cold rolled
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stainless Steel Round Bar Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stainless Steel Round Bar Market: Market Share Analysis
14.2. Stainless Steel Round Bar Distributors and Customers
14.3. Stainless Steel Round Bar Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. J. H. Stainless
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ArcelorMittal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ATI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dongbei Special Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shri Bhagavati Bright Bars
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Crucible Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Garelick Steel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tsingshan Holding Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ThyssenKrupp Materials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WalsinLihwa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Valbruna Stainless
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook