Stainless Steel Round Bar Market by Product Type |Global Industry Forecast, 2032

Stainless Steel Round Bar Market Overview

Within the industry of construction, stainless steel round bars are extremely utilized in structural parts that are exposed to bridge pins, tie rods, heavy load, and additional load transfer devices. The increasing penetration of stainless steel (SS) round bars within the construction industry is inspiring the development of the global stainless steel round bar market.

Round bar is accessible as a cylindrical, long metal bar stock which has a wide range of applications in both the industrial & commercial segments. These bars are available in a different of metal types & sizes to meet customer needs. Shafts are the most major application. Cold-rolled steel, hot-rolled steel, & other metals are all available in round bar method. The report study has scrutinized the revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the similar is reflected in our analysis.

The Stainless Steel Round Bar market size is predicted to hit around US$ 17 billion by 2032, with a CAGR of 3.7 % during the forecast period 2022 to 2032.

The increase in demand for stainless round bar in the industrial sector has enticed retailers to invest in the industry that will contribute to long-term market development. Leading stainless steel round bar suppliers are delivering new & cost-effective keys with excellent thermal performance, allowing for the most efficient use of capitals.

Instance Developments

30 Sep 2022--Walsin Lihwa, a leading stainless steel wire rod manufacturer in Taiwan, announced to raise its new prices for stainless steel wire rods for October. For domestic sales, the price of 304 was up by NT$6,000/ton, 400 series’ price was up by NT$1,000/ton, 200 series’ price increased by NT$2,000/ton, and 316 was hiked by NT$8,000/ton. For export sales, 304, 400 series, 200 series, and 316 products will be subject to a price increase of US$200/ton, US$30/ton, US$60/ton, and US$250/ton, respectively.

October 7, 2022--The market launch of climate-friendly steel is picking up speed. It was only at the beginning of September that the Executive Board of thyssenkrupp AG cleared the way for the construction of Germany’s biggest direct reduction plant for low-CO2 steel. Now, thyssenkrupp Steel Europe AG and the global automotive supplier Mubea have signed the first official memorandum of understanding for the supply of CO2-reduced steel.

Stainless Steel Round Bar Market Scope: 

 Frequently Asked Questions

What is the future market value of the Stainless Steel Round Bar Market?

The current market value for Stainless Steel Round Bar Market is expected USD 17 billion by 2032

What is the CAGR of the Market?

The Stainless Steel Round Bar Market is to grow at a CAGR of 3.7% during the forecast by 2032.

What is the Market segment?

On the basis of type, the Stainless Steel Round Bar Market is segmented into Hot rolled, Cold rolled

Who are the key players operating in the Stainless Steel Round Bar Market?

The major players operating in the Stainless Steel Round Bar Market are J. H. Stainless, ArcelorMittal, ATI, Dongbei Special Steel, Shri Bhagavati Bright Bars, Crucible Industries, Garelick Steel, Tsingshan Holding Group, ThyssenKrupp Materials, WalsinLihwa, Valbruna Stainless

Table of content

1. Global Stainless Steel Round Bar Market: Research Methodology
2. Global Stainless Steel Round Bar Market: Executive Summary

2.1 Market Overview and Definitions

2.1.1. Introduction to Global Stainless Steel Round Bar Market

2.2. Summary

2.2.1. Key Findings

2.2.2. Recommendations for Investors

2.2.3. Recommendations for Market Leaders

2.2.4. Recommendations for New Market Entry

3. Global Stainless Steel Round Bar Market: Competitive Analysis

3.1 MRS Competition Matrix

3.1.1. Market Structure by region

3.1.2. Competitive Benchmarking of Key Players

3.2 Consolidation in the Market

3.2.1 M&A by region

3.3 Key Developments by Companies

3.4 Market Drivers

3.5 Market Restraints

3.6 Market Opportunities

3.7 Market Challenges

3.8 Market Dynamics

3.9 PORTERS Five Forces Analysis

3.10 PESTLE

3.11 Regulatory Landscape by region

1. North America
2. Europe
3. Asia Pacific
4. The Middle East and Africa
5. South America

3.12 COVID-19 Impacts

4. Global Stainless Steel Round Bar Market Segmentation

4.1 Global Stainless Steel Round Bar Market, by Type (2022-2032)

1. Hot rolled
2. Cold rolled

4.2 Global Stainless Steel Round Bar Market, by Application (2022-2032)

1. Automobile
2. Heavy engineering
3. Defense and aerospace
4. North America Stainless Steel Round Bar Market (2022-2032)

5.1 North America Stainless Steel Round Bar Market, by Type (2022-2032)

1. Hot rolled
2. Cold rolled

5.2 North America Stainless Steel Round Bar Market, by Application (2022-2032)

1. Automobile
2. Heavy engineering
3. Defense and aerospace
4. Europe Stainless Steel Round Bar Market (2022-2032)

6.1. European Stainless Steel Round Bar Market, by Component (2022-2032)

6.2. European Stainless Steel Round Bar Market, by Delivery Model (2022-2032)

6.3. European Stainless Steel Round Bar Market, by Functionality (2022-2032)

6.4. European Stainless Steel Round Bar Market, by End-user (2022-2032)

6.5. European Stainless Steel Round Bar Market, by Country (2022-2032)

1. UK
2. France
3. Germany
4. Italy
5. Spain
6. Sweden
7. Austria
8. Rest Of Europe
9. Asia Pacific Stainless Steel Round Bar Market (2022-2032)

7.1. Asia Pacific Stainless Steel Round Bar Market, by Type (2022-2032)

7.2. Asia Pacific Stainless Steel Round Bar Market, by Application (2022-2032)

7.3. Asia Pacific Stainless Steel Round Bar Market, by Country (2022-2032)

1. China
2. India
3. Japan
4. South Korea
5. Australia
6. ASEAN
7. Rest of APAC
8. Middle East and Africa Stainless Steel Round Bar Market (2022-2032)

8.1 Middle East and Africa Stainless Steel Round Bar Market, by Type (2022-2032)

8.2. Middle East and Africa Stainless Steel Round Bar Market, by Application (2022-2032)

8.3. Middle East and Africa Stainless Steel Round Bar Market, by Country (2022-2032)

1. South Africa
2. GCC
3. Egypt
4. Nigeria
5. Rest Of ME&A
6. South America Stainless Steel Round Bar Market (2022-2032)
   
   9.1. South America Stainless Steel Round Bar Market, by Type (2022-2032)

9.2. South America Stainless Steel Round Bar Market, by Application (2022-2032)

9.3. South America Stainless Steel Round Bar Market, by Country (2022-2032)

10. Company Profile: Key players
11. H. Stainless
12. ArcelorMittal
13. ATI
14. Dongbei Special Steel
15. Shri Bhagavati Bright Bars
16. Crucible Industries
17. Garelick Steel
18. Tsingshan Holding Group
19. ThyssenKrupp Materials
20. WalsinLihwa
21. Valbruna Stainless

 List of Key Figures and Tables

1. Global Stainless Steel Round Bar Market: Key Industry Highlights, 2017 and 2021
2. Global Stainless Steel Round Bar Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Stainless Steel Round Bar Market Forecast: Breakup by Type (USD Million), 2022-2032
4. Global Stainless Steel Round Bar Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Stainless Steel Round Bar Market Forecast: Breakup by Application (USD Million), 2022-2032
6. Global Stainless Steel Round Bar Market: Breakup by Region (USD Million), 2017-2021
7. Global Stainless Steel Round Bar Market Forecast: Breakup by Region (USD Million), 2022-2032
8. North America Stainless Steel Round Bar Market: Breakup by Country (USD Million), 2017-2021
9. North America Stainless Steel Round Bar Market Forecast: Breakup by Country (USD Million), 2022-2032
10. Europe Stainless Steel Round Bar Market: Breakup by Country (USD Million), 2017-2021
11. Europe Stainless Steel Round Bar Market Forecast: Breakup by Country (USD Million), 2022-2032
12. Asia Pacific Stainless Steel Round Bar Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Stainless Steel Round Bar Market Forecast: Breakup by Country (USD Million), 2022-2032
14. Latin America Stainless Steel Round Bar Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Stainless Steel Round Bar Market Forecast: Breakup by Country (USD Million), 2022-2032
16. Middle East and Africa Stainless Steel Round Bar Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Stainless Steel Round Bar Market Forecast: Breakup by Country (USD Million), 2022-2032
18. Global Stainless Steel Round Bar Market Structure

Key market Segments

Market by Type

Hot rolled

Cold rolled

Segment by Application

Automobile

Heavy engineering

Defense and aerospace

Research Methodology