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316 Stainless Steel-Global Market Insights and Sales Trends 2025
Synopsis
The second most common austenitic stainless steel is Type 316. The addition of 2% molybdenum provides greater resistance to acids and localized corrosion caused by chloride ions.
The global 316 Stainless Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of 316 Stainless Steel in various end use industries. The expanding demands from the Food Processing Equipment, Laboratory Equipment, Architectural Panelling and Chemical Containers, are propelling 316 Stainless Steel market. 316, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 316L segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for 316 Stainless Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the 316 Stainless Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for 316 Stainless Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global 316 Stainless Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global 316 Stainless Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 316 Stainless Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of 316 Stainless Steel covered in this report include thyssenkrupp, Arcelor, POSCO, YUSCO, Acerinox, Nippon Steel Corp., Fortune Hold Group, AK Steel and Penn Stainless, etc.
The global 316 Stainless Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
thyssenkrupp
Arcelor
POSCO
YUSCO
Acerinox
Nippon Steel Corp.
Fortune Hold Group
AK Steel
Penn Stainless
Sandmeyer Steel
Rolled Metal Products
NKS
Atlas Steels
Global 316 Stainless Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global 316 Stainless Steel market, Segment by Type:
316
316L
316H
Global 316 Stainless Steel market, by Application
Food Processing Equipment
Laboratory Equipment
Architectural Panelling
Chemical Containers
Industrial Equipment
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of 316 Stainless Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of 316 Stainless Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The second most common austenitic stainless steel is Type 316. The addition of 2% molybdenum provides greater resistance to acids and localized corrosion caused by chloride ions.
The global 316 Stainless Steel market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of 316 Stainless Steel in various end use industries. The expanding demands from the Food Processing Equipment, Laboratory Equipment, Architectural Panelling and Chemical Containers, are propelling 316 Stainless Steel market. 316, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 316L segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for 316 Stainless Steel market, driven by demand from China, the second largest economy with some signs of stabilising, the 316 Stainless Steel market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for 316 Stainless Steel, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global 316 Stainless Steel market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global 316 Stainless Steel market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 316 Stainless Steel sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of 316 Stainless Steel covered in this report include thyssenkrupp, Arcelor, POSCO, YUSCO, Acerinox, Nippon Steel Corp., Fortune Hold Group, AK Steel and Penn Stainless, etc.
The global 316 Stainless Steel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
thyssenkrupp
Arcelor
POSCO
YUSCO
Acerinox
Nippon Steel Corp.
Fortune Hold Group
AK Steel
Penn Stainless
Sandmeyer Steel
Rolled Metal Products
NKS
Atlas Steels
Global 316 Stainless Steel market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global 316 Stainless Steel market, Segment by Type:
316
316L
316H
Global 316 Stainless Steel market, by Application
Food Processing Equipment
Laboratory Equipment
Architectural Panelling
Chemical Containers
Industrial Equipment
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of 316 Stainless Steel manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of 316 Stainless Steel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 316 Stainless Steel Market Overview
1.1 316 Stainless Steel Product Overview
1.2 316 Stainless Steel Market Segment by Type
1.2.1 316
1.2.2 316L
1.2.3 316H
1.3 Global 316 Stainless Steel Market Size by Type
1.3.1 Global 316 Stainless Steel Market Size Overview by Type (2018-2029)
1.3.2 Global 316 Stainless Steel Historic Market Size Review by Type (2018-2023)
1.3.3 Global 316 Stainless Steel Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America 316 Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.2 Europe 316 Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific 316 Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.4 Latin America 316 Stainless Steel Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa 316 Stainless Steel Sales Breakdown by Type (2018-2023)
2 Global 316 Stainless Steel Market Competition by Company
2.1 Global Top Players by 316 Stainless Steel Sales (2018-2023)
2.2 Global Top Players by 316 Stainless Steel Revenue (2018-2023)
2.3 Global Top Players by 316 Stainless Steel Price (2018-2023)
2.4 Global Top Manufacturers 316 Stainless Steel Manufacturing Base Distribution, Sales Area, Product Type
2.5 316 Stainless Steel Market Competitive Situation and Trends
2.5.1 316 Stainless Steel Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by 316 Stainless Steel Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in 316 Stainless Steel as of 2022)
2.7 Date of Key Manufacturers Enter into 316 Stainless Steel Market
2.8 Key Manufacturers 316 Stainless Steel Product Offered
2.9 Mergers & Acquisitions, Expansion
3 316 Stainless Steel Status and Outlook by Region
3.1 Global 316 Stainless Steel Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global 316 Stainless Steel Historic Market Size by Region
3.2.1 Global 316 Stainless Steel Sales in Volume by Region (2018-2023)
3.2.2 Global 316 Stainless Steel Sales in Value by Region (2018-2023)
3.2.3 Global 316 Stainless Steel Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global 316 Stainless Steel Forecasted Market Size by Region
3.3.1 Global 316 Stainless Steel Sales in Volume by Region (2024-2029)
3.3.2 Global 316 Stainless Steel Sales in Value by Region (2024-2029)
3.3.3 Global 316 Stainless Steel Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global 316 Stainless Steel by Application
4.1 316 Stainless Steel Market Segment by Application
4.1.1 Food Processing Equipment
4.1.2 Laboratory Equipment
4.1.3 Architectural Panelling
4.1.4 Chemical Containers
4.1.5 Industrial Equipment
4.2 Global 316 Stainless Steel Market Size by Application
4.2.1 Global 316 Stainless Steel Market Size Overview by Application (2018-2029)
4.2.2 Global 316 Stainless Steel Historic Market Size Review by Application (2018-2023)
4.2.3 Global 316 Stainless Steel Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America 316 Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.2 Europe 316 Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific 316 Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.4 Latin America 316 Stainless Steel Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa 316 Stainless Steel Sales Breakdown by Application (2018-2023)
5 North America 316 Stainless Steel by Country
5.1 North America 316 Stainless Steel Historic Market Size by Country
5.1.1 North America 316 Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America 316 Stainless Steel Sales in Volume by Country (2018-2023)
5.1.3 North America 316 Stainless Steel Sales in Value by Country (2018-2023)
5.2 North America 316 Stainless Steel Forecasted Market Size by Country
5.2.1 North America 316 Stainless Steel Sales in Volume by Country (2024-2029)
5.2.2 North America 316 Stainless Steel Sales in Value by Country (2024-2029)
6 Europe 316 Stainless Steel by Country
6.1 Europe 316 Stainless Steel Historic Market Size by Country
6.1.1 Europe 316 Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe 316 Stainless Steel Sales in Volume by Country (2018-2023)
6.1.3 Europe 316 Stainless Steel Sales in Value by Country (2018-2023)
6.2 Europe 316 Stainless Steel Forecasted Market Size by Country
6.2.1 Europe 316 Stainless Steel Sales in Volume by Country (2024-2029)
6.2.2 Europe 316 Stainless Steel Sales in Value by Country (2024-2029)
7 Asia-Pacific 316 Stainless Steel by Region
7.1 Asia-Pacific 316 Stainless Steel Historic Market Size by Region
7.1.1 Asia-Pacific 316 Stainless Steel Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific 316 Stainless Steel Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific 316 Stainless Steel Sales in Value by Region (2018-2023)
7.2 Asia-Pacific 316 Stainless Steel Forecasted Market Size by Region
7.2.1 Asia-Pacific 316 Stainless Steel Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific 316 Stainless Steel Sales in Value by Region (2024-2029)
8 Latin America 316 Stainless Steel by Country
8.1 Latin America 316 Stainless Steel Historic Market Size by Country
8.1.1 Latin America 316 Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America 316 Stainless Steel Sales in Volume by Country (2018-2023)
8.1.3 Latin America 316 Stainless Steel Sales in Value by Country (2018-2023)
8.2 Latin America 316 Stainless Steel Forecasted Market Size by Country
8.2.1 Latin America 316 Stainless Steel Sales in Volume by Country (2024-2029)
8.2.2 Latin America 316 Stainless Steel Sales in Value by Country (2024-2029)
9 Middle East and Africa 316 Stainless Steel by Country
9.1 Middle East and Africa 316 Stainless Steel Historic Market Size by Country
9.1.1 Middle East and Africa 316 Stainless Steel Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa 316 Stainless Steel Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa 316 Stainless Steel Sales in Value by Country (2018-2023)
9.2 Middle East and Africa 316 Stainless Steel Forecasted Market Size by Country
9.2.1 Middle East and Africa 316 Stainless Steel Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa 316 Stainless Steel Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 thyssenkrupp
10.1.1 thyssenkrupp Company Information
10.1.2 thyssenkrupp Introduction and Business Overview
10.1.3 thyssenkrupp 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.1.4 thyssenkrupp 316 Stainless Steel Products Offered
10.1.5 thyssenkrupp Recent Development
10.2 Arcelor
10.2.1 Arcelor Company Information
10.2.2 Arcelor Introduction and Business Overview
10.2.3 Arcelor 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Arcelor 316 Stainless Steel Products Offered
10.2.5 Arcelor Recent Development
10.3 POSCO
10.3.1 POSCO Company Information
10.3.2 POSCO Introduction and Business Overview
10.3.3 POSCO 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.3.4 POSCO 316 Stainless Steel Products Offered
10.3.5 POSCO Recent Development
10.4 YUSCO
10.4.1 YUSCO Company Information
10.4.2 YUSCO Introduction and Business Overview
10.4.3 YUSCO 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.4.4 YUSCO 316 Stainless Steel Products Offered
10.4.5 YUSCO Recent Development
10.5 Acerinox
10.5.1 Acerinox Company Information
10.5.2 Acerinox Introduction and Business Overview
10.5.3 Acerinox 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Acerinox 316 Stainless Steel Products Offered
10.5.5 Acerinox Recent Development
10.6 Nippon Steel Corp.
10.6.1 Nippon Steel Corp. Company Information
10.6.2 Nippon Steel Corp. Introduction and Business Overview
10.6.3 Nippon Steel Corp. 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Nippon Steel Corp. 316 Stainless Steel Products Offered
10.6.5 Nippon Steel Corp. Recent Development
10.7 Fortune Hold Group
10.7.1 Fortune Hold Group Company Information
10.7.2 Fortune Hold Group Introduction and Business Overview
10.7.3 Fortune Hold Group 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fortune Hold Group 316 Stainless Steel Products Offered
10.7.5 Fortune Hold Group Recent Development
10.8 AK Steel
10.8.1 AK Steel Company Information
10.8.2 AK Steel Introduction and Business Overview
10.8.3 AK Steel 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.8.4 AK Steel 316 Stainless Steel Products Offered
10.8.5 AK Steel Recent Development
10.9 Penn Stainless
10.9.1 Penn Stainless Company Information
10.9.2 Penn Stainless Introduction and Business Overview
10.9.3 Penn Stainless 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Penn Stainless 316 Stainless Steel Products Offered
10.9.5 Penn Stainless Recent Development
10.10 Sandmeyer Steel
10.10.1 Sandmeyer Steel Company Information
10.10.2 Sandmeyer Steel Introduction and Business Overview
10.10.3 Sandmeyer Steel 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Sandmeyer Steel 316 Stainless Steel Products Offered
10.10.5 Sandmeyer Steel Recent Development
10.11 Rolled Metal Products
10.11.1 Rolled Metal Products Company Information
10.11.2 Rolled Metal Products Introduction and Business Overview
10.11.3 Rolled Metal Products 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Rolled Metal Products 316 Stainless Steel Products Offered
10.11.5 Rolled Metal Products Recent Development
10.12 NKS
10.12.1 NKS Company Information
10.12.2 NKS Introduction and Business Overview
10.12.3 NKS 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NKS 316 Stainless Steel Products Offered
10.12.5 NKS Recent Development
10.13 Atlas Steels
10.13.1 Atlas Steels Company Information
10.13.2 Atlas Steels Introduction and Business Overview
10.13.3 Atlas Steels 316 Stainless Steel Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Atlas Steels 316 Stainless Steel Products Offered
10.13.5 Atlas Steels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 316 Stainless Steel Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 316 Stainless Steel Industrial Chain Analysis
11.4 316 Stainless Steel Market Dynamics
11.4.1 316 Stainless Steel Industry Trends
11.4.2 316 Stainless Steel Market Drivers
11.4.3 316 Stainless Steel Market Challenges
11.4.4 316 Stainless Steel Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 316 Stainless Steel Distributors
12.3 316 Stainless Steel Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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