Market Overview:
The global ultra thin stainless steel sheets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automobiles and consumer electronics across the globe. Additionally, rising disposable income of consumers in developing countries is also propelling the demand for high-end appliances, which in turn is fueling the growth of the global ultra thin stainless steel sheets market. On basis of type, cold rolled ultra thin stainless steel sheets are expected to account for a larger share than hot rolled ones during the forecast period. This can be attributed to their superior properties such as corrosion resistance and durability as compared to hot rolled ones. On basis of application, automotive sector is anticipated to hold a dominant position in terms of revenue contribution throughout the forecast period followed by cell phones and high-end appliances sectors respectively.
Product Definition:
ultra thin stainless steel sheets are defined as sheets that have a thickness of less than 0.025 inches (0.635 millimeters). They are often used in applications where weight and thickness are important factors, such as in the aerospace and automotive industries.
Cold Rolled:
Stainless steel sheets are widely used in various end-use industries including building & construction, automotive, appliances and consumer goods. The product is gaining popularity in the consumer goods industry owing to its aesthetic appearance and corrosion resistance properties. It has a high demand for use in food packaging applications as it can withstand extreme temperatures without any damage.
Hot Rolled:
Hot rolled stainless steel sheets are produced by heating the metal above its recrystallization temperature. The process gives a superior finish to the metal as well as improves its mechanical properties. It is widely used in food packaging and medical equipment industries owing to high corrosion resistance along with excellent formability and weldability offered by it.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The ultra thin stainless steel sheets are used in various automotive components, such as body panels, hoods, roofs and interiors. In addition, these products are also used for manufacturing decorative items for vehicles such as grilles and air intake systems.
The cell phones application segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to increasing demand from low-end & mid-range smartphones that use glass panels made up of several small pieces of metal bonded together with adhesive materials or solders containing elements like nickel, copper and zinc based alloys which can discolor or stain the surface on exposure due to their high melting point compared with other metals (chromium).
Regional Analysis:
Asia Pacific was the largest market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to rising product demand from various end-use industries, such as automotive, electronics, appliances and medical equipment.
The growth of the Asia Pacific ultra thin stainless steel sheets market is also supported by rapid industrialization and increasing foreign investments in countries such as China, India and Indonesia. In addition, favorable government policies aimed at promoting domestic manufacturing are anticipated to drive industry expansion over the coming years.
Europe accounted for a significant share owing to high demand from automobile manufacturers operating within this region. Germany emerged as one of the major producers within Europe on account of easy access to raw materials coupled with skilled labor force availability at low cost resulting into an attractive production environment for global players looking forward investing in this space.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and appliances
- Rising popularity of stainless steel in the Asia Pacific region
- Growing awareness about the benefits of using ultra thin stainless steel sheets
- Technological advancements that have led to the development of thinner and stronger sheets
- The increasing use of ultra thin stainless steel sheets in lightweight applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra Thin Stainless Steel Sheets Market Research Report
By Type
Cold Rolled, Hot Rolled
By Application
Automotive, Cell Phones, High-end Appliance, Others
By Companies
Tisco, Jiangsu Cunrui Metal Products Co.,Ltd, Posco, SMS group, IUP Jindal, Aperam, AK Steel, JFE
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Ultra Thin Stainless Steel Sheets Market Report Segments:
The global Ultra Thin Stainless Steel Sheets market is segmented on the basis of:
Types
Cold Rolled, Hot 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
Automotive, Cell Phones, High-end Appliance, 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:
- Tisco
- Jiangsu Cunrui Metal Products Co.,Ltd
- Posco
- SMS group
- IUP Jindal
- Aperam
- AK Steel
- JFE
Highlights of The Ultra Thin Stainless Steel Sheets 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:
- Cold Rolled
- Hot Rolled
- By Application:
- Automotive
- Cell Phones
- High-end Appliance
- 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 Ultra Thin Stainless Steel Sheets 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?
Ultra thin stainless steel sheets are made from a very thin sheet of stainless steel that is less than 0.1 mm thick. They are often used in applications where a very thin sheet of metal is needed, such as in electronic components and solar cells.
Some of the key players operating in the ultra thin stainless steel sheets market are Tisco, Jiangsu Cunrui Metal Products Co.,Ltd, Posco, SMS group, IUP Jindal, Aperam, AK Steel, JFE.
The ultra thin stainless steel sheets market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultra Thin Stainless Steel Sheets 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. Ultra Thin Stainless Steel Sheets Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultra Thin Stainless Steel Sheets Market - Supply Chain
4.5. Global Ultra Thin Stainless Steel Sheets Market Forecast
4.5.1. Ultra Thin Stainless Steel Sheets Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultra Thin Stainless Steel Sheets Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultra Thin Stainless Steel Sheets Market Absolute $ Opportunity
5. Global Ultra Thin Stainless Steel Sheets 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. Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
5.3.1. Cold Rolled
5.3.2. Hot Rolled
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultra Thin Stainless Steel Sheets 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. Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Cell Phones
6.3.3. High-end Appliance
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultra Thin Stainless Steel Sheets 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. Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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. Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Demand Share Forecast, 2019-2026
9. North America Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Cell Phones
9.4.3. High-end Appliance
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
9.7.1. Cold Rolled
9.7.2. Hot 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 Ultra Thin Stainless Steel Sheets Demand Share Forecast, 2019-2026
10. Latin America Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Cell Phones
10.4.3. High-end Appliance
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
10.7.1. Cold Rolled
10.7.2. Hot 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 Ultra Thin Stainless Steel Sheets Demand Share Forecast, 2019-2026
11. Europe Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Cell Phones
11.4.3. High-end Appliance
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
11.7.1. Cold Rolld
11.7.2. Hot Rolled
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by 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 Ultra Thin Stainless Steel Sheets Demand Share, 2019-2026
12. Asia Pacific Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Cell Phones
12.4.3. High-end Appliance
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
12.7.1. Cold Rolled
12.7.2. Hot 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 Ultra Thin Stainless Steel Sheets Demand Share, 2019-2026
13. Middle East & Africa Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets 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 Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Cell Phones
13.4.3. High-end Appliance
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultra Thin Stainless Steel Sheets Market Size and Volume Forecast by Type
13.7.1. Cold Rolled
13.7.2. Hot 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 Ultra Thin Stainless Steel Sheets Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ultra Thin Stainless Steel Sheets Market: Market Share Analysis
14.2. Ultra Thin Stainless Steel Sheets Distributors and Customers
14.3. Ultra Thin Stainless Steel Sheets Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tisco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiangsu Cunrui Metal Products Co.,Ltd
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Posco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SMS group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IUP Jindal
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aperam
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AK 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. JFE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
