Pune, India, Aug. 23, 2023 (GLOBE NEWSWIRE) — The global stainless steel plate market size was USD 107.19 billion in 2022 and is expected to reach USD 112.43 billion in 2023. The industry is expected to be valued at US$167.48 billion by 2030, growing at a CAGR of 5.9% during the forecast period.
Product Description
There are three types of stainless steel plates, namely cold rolled stainless steel plate, hot rolled stainless steel plate and medium thick plate.1 The thickness of cold rolled stainless steel plate is generally 0.3~6 mm, the specifications are generally 1000× 2000,1200 × 4000,1500 ×6000.
2 The thickness of hot rolled stainless steel plate is generally 3~16 mm, the specifications are generally 1500× 6000,1800 × 6000,2000 ×6000.
3 The thickness of the plate is generally 18~100 mm, and the specifications are generally 1500× 6000,1800 × 6000,2000 ×6000
| Stainless steel plate | |
| Product name | Stainless steel plate |
| Standard | GB,JIS,DIN,AISI,ASTM,AISI,ASME |
| Thickness | 0.2mm-150mm |
| Width | 1000,1219,1250,1500mm, or as your requirements |
| Length | 2000,2438,2500,3000,6000mm, or as your requirements |
| MOQ | 1MT |
| Surface | No.1, 2B, BA, 8K Mirror, Hairline,satin, Embossed,brush,No.4,HL,matt,pvc film,laser film. |
| Packing | standard export packing (inside:water proof paper,outside:steel covered with strips and pallets) |
| Cargo ready date | within 25-35 days after confirming orders |
| Delivery Time | About 5-7 days after receive the deposit. |
| Application | Stainless Steel plates applies to construction field, ships building industry, petroleum and chemical industries , war and electricity industries, war and electricity industries, food processing and medical industries ,boiler heat exchanger, machinery and hardware field |
Product Photos :
Stainless steel sheets are widely used in the production of various equipment, industrial components, machinery, greenhouse equipment, irrigation pipes and other machines with a high risk of corrosion. These sheets are also used in home appliances because they are corrosion resistant, have excellent mechanical properties at different temperatures, allow for a variety of aesthetic finishes, and are easy to manufacture.
Fortune Business Insights™ presents this information in a report titled “Global Stainless Steel Plate Market 2023-2030.”
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/stainless-steel-sheet-market-104122
The COVID-19 outbreak has forced many countries to impose widespread restrictions on the transportation and supply of materials, disrupting the supply chains of stainless steel companies. This has led to acute shortage of various raw materials, hampering the growth of the stainless steel plate market.
Based on type, the market is divided into 304 pieces, 310 pieces, 316 pieces, etc. 304 stainless steel sheets occupy the largest market share due to their superior strength and excellent corrosion resistance.
In terms of application, the market covers construction, manufacturing, automobiles, consumer products, etc. In 2022, the manufacturing segment will account for the largest share of the stainless steel sheet market as these sheets are used in applications such as ship containers, pipes, exhaust systems and cable trays in this segment.
The research report provides a detailed analysis of the market and highlights key aspects such as leading types, companies, products, and applications. It also provides quantitative volume and value data, market data research methodologies, market analysis and insights into the latest industry trends. The report highlights important industry developments and the competitive landscape. Apart from the above-mentioned factors, the report also mentions various factors that have contributed to the growth of the market in recent years.
Stainless steel has excellent corrosion resistance, making it a key component in the food, manufacturing, textile, transportation, chemical, aerospace and construction industries. This alloy is primarily used in the manufacture of sinks, machine parts, carburetor coils, propellers, automobiles, food processing equipment, water filtration devices, and aircraft.
Asia-Pacific to increase use of stainless steel plates to boost infrastructure development
The Asia-Pacific market size will reach US$78.63 billion in 2022. Increasing technological advancements and increasing efforts in infrastructure development will drive the market growth. Additionally, other factors such as increased investment in R&D projects, rising steel production and expansion of the construction industry in developing countries will contribute to the growth of the regional market.
Additionally, as far as North America is concerned, the United States is expected to lead the market. The growth of the industry in the region can be attributed to the growing demand for stainless steel components in the engineering and electronics industries.
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/stainless-steel-sheet-market-104122
The main manufacturers in the market are POSCO, Aperam, Nippon Steel and Outokumpu Industries. These organizations are trying various strategies such as capability expansion, product innovation, collaborations and acquisitions to maintain their leading position in the market.
June 2022 – The Outokumpu sheet steel service center in Caslon, Italy, is taken over by the Mariotti Sustainable Steel Group. All wafer production operations and Castelleone solutions, as well as machines and inventory, will be transferred to Mariotti.
Fortune Business Insights™ provides accurate data and innovative business intelligence to help organizations of all sizes make the right decisions. We develop innovative solutions for our clients to help them solve the problems their businesses face. Our goal is to provide them with comprehensive market information by providing a detailed overview of their market.
Post time: Oct-24-2023