Precision Stainless Steel Market Projected to Grow at CAGR 4.0% through 2029 | Future Market Insights

1. Precision Stainless Steel Market will reach at a CAGR of 4.0% from 2019-2029 | Future Market Insights March 2020 Report Id : REP-GB-9833 Published On : 19-June-2019 Category : Packaging www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

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4. Precision Stainless Steel Market Analysis Future Market Insights provides critical insights on the precision stainless steel market, in its published report, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029. In terms of market value, the global precision stainless steel market is projected to expand at a CAGR of over 4% during the forecast period, owing to various factors, regarding which, FMI offers thorough insights and forecasts in this report. The global precision stainless steel market has been segmented on the basis of thickness and end-use industry. The global precision stainless steel market is expected to expand 1.5x in terms of market volume by the end of 2029. Precision stainless steel (below 0.4 mm) in the form of sheet or foil, is mostly used by food & beverage, automotive, pharmaceutical, aerospace, building & construction, and other industries (oil & gas, research & development, power, electronics, railway & transport, and others). In the report, precision stainless steel below 0.4 mm thickness is taken under consideration, where stainless steel foil (below 0.1 mm thickness), and precision stainless steel (0.1 mm to 0.4 mm) are categorized for in-depth analysis. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

5. Precision Stainless Steel Market Analysis Adoption of stainless steel foil is anticipated to increase in medical, aerospace, defence, petrochemical, laboratory, nuclear, and marine industries. Manufacturers Entry Uplifting Market in China and ASEAN Region In the global precision stainless steel market, East Asia is estimated to hold nearly half of the market share in terms of volume, owing to the rapid growth of the manufacturing and infrastructure sectors in emerging economies such as China and South Korea. In terms of production and consumption of precision stainless steel, China is attributed to be the leading country across the globe. In the East Asia precision stainless steel market, China is anticipated to be a highly attractive market in terms of market share and growth rate during the forecast period. In the South Asia precision stainless steel market, India is attributed to provide lucrative market growth opportunities due to the increased concentration of manufacturing and transportation segments. The entry of manufacturing giants in the ASEAN region is expected to deliver an impressive boost to the growth of the precision stainless steel market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

6. Precision Stainless Steel Market Analysis In the ASEAN region, Indonesia is estimated to be the most significant market for precision stainless steel, while Malaysia is projected to expand at a high growth rate during the forecast period. Europe's Market Share Gradually Declining The Europe precision stainless steel market is expected to witness slow growth owing to the maturity in demand from the manufacturing industry. By the end of 2029, the European precision stainless steel market is expected to lose market share to South Asia, as many manufacturing facilities are shifting to emerging economies in Asia. Germany is estimated to be the leading country in the European precision stainless steel market as it is the largest vehicle manufacturer in Europe. Energy and processing industries are actively driving the growth of the Russian precision stainless steel market during the forecast period. Large infrastructure projects from GCC Countries promise exciting opportunities for the precision stainless steel market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

7. Precision Stainless Steel Market Analysis In Latin America precision stainless steel market, Brazil is expected to be a prominent country in terms of production, consumption, and export of precision steel products. Construction and infrastructure sectors are key contributors to the overall growth of the Latin American precision stainless steel market. The Oceania precision stainless steel market includes Australia and New Zealand, and accounts for less than 1% of the global precision stainless steel market share. Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-11161 Key market players that have been profiled in the report on the precision stainless steel market include Nippon Steel Corporation, Jindal Stainless Group, ArcelorMittal SA, Aperam, Outokumpu Oyj, Kobe Steel, Ltd., Acerinox, AK Steel Corporation, Ulbrich Stainless Steels & Special Metals, Inc., and Baoshan Iron & Steel Co., Ltd., among others. Several unorganized and regional market players are expected to contribute to the development of the precision stainless steel market. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

8. Precision Stainless Steel Market Analysis Source Link: https://www.prnewswire.com/news-releases/precision-stainless-steel- market-is-expected-to-witness-a-cagr-of-over-4-during-2019-to-2029--future-market- insights-300871900.html More from Packaging Market Intelligence: • Paper Pallet Market • Volatile Corrosion Inhibitors (VCI) Packaging Material Market • Tarpaulin Sheets Market About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

9. Precision Stainless Steel Market Analysis Contact Us Mr. Abhishek Budholiya 616 Corporate Way, Suite 2-9018 Valley Cottage, NY 10989 United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): + 44(0)20-7692-8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com SOURCE Future Market Insights Click here to Order a free sample For more insights on the Precision Stainless Steel Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

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