Wiseguyreports.Com Publish New Market Research Report On-“Stainless Steel 2017 Global Market Expected to Grow at CAGR of 5.65% and Forecast to 2021”.
PUNE, INDIA, September 22, 2017 /EINPresswire.com/ —
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.
The analysts forecast the global stainless steel market to grow at a CAGR of 5.65% during the period 2016-2020.
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:
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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.
• AK Steel
Other prominent vendors
• Guangxi Chengde Group
• JFE Steel
• Nippon Steel and Sumitomo Metal
• Shanghai Baosteel Group (Baosteel)
• TATA Steel Europe
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?
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Table of Contents –Analysis of Key Points
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• 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
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Source: EIN Presswire