Global Stainless Steel Market
The global stainless steel market involves the production and sale of corrosion-resistant steel alloys. Key customers include the automotive, transportation, building and construction, and consumer goods industries. Market growth is primarily driven by global megatrends such as urbanization and rising mobility, along with a significant push towards sustainable production and recycling to combat climate change and reduce CO2 emissions.
CAGR
6.9%
Compound Annual Growth Rate
Current Value
$141.2B
Estimated 2026
Projected Value
$240.8B
By 2034
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