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Global 304 Stainless Steel Market Growth 2025-2031
Oct 2025
Chemicals and Materials
Pages: 128
LPI27457
The global 304 Stainless Steel market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
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The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
304 stainless steel is the most common stainless steel. The steel contains both chromium (between 18% and 20%) and nickel (between 8% and 10.5%)
The demand for 304 stainless steel is driven by its excellent corrosion resistance, high temperature resistance, and low maintenance requirements. It is widely used in various industries such as automotive, construction, aerospace, and food processing. The global market for 304 stainless steel is expected to witness steady growth in the coming years, driven by increasing demand from various industries and regions. The increasing demand for stainless steel products in emerging economies, infrastructure development projects, and the growing automotive industry are key drivers of market growth.
Asia-Pacific is the largest market for 304 stainless steel, accounting for a significant share of the global market. The regions rapid industrialization, urbanization, and infrastructure development projects are driving the demand for stainless steel products. North America and Europe are also major markets for 304 stainless steel, driven by the automotive and construction industries.
Infinity Market Research newest research report, the 304 Stainless Steel Industry Forecast looks at past sales and reviews total world 304 Stainless Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected 304 Stainless Steel sales for 2025 through 2031. With 304 Stainless Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 304 Stainless Steel industry.
This Insight Report provides a comprehensive analysis of the global 304 Stainless Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 304 Stainless Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global 304 Stainless Steel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 304 Stainless Steel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 304 Stainless Steel.
This report presents a comprehensive overview, market shares, and growth opportunities of 304 Stainless Steel market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
304
304L
Segmentation by Application:
Aerospace Structures
Food and Beverage Industry
Pressure Containing Application
Architectural Structures
Sanitary or Cryogenic Application
Chemical Industry Processing Equipment
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
thyssenkrupp
Arcelor
POSCO
YUSCO
Acerinox
Nippon Steel Corp.
Fortune Hold Group
AK Steel
E. Jordan Brookes Company
Knight Precision Wire
NKS
United Performance Metals (UPM) (ONeal)
Sandmeyer Steel
Rolled Metal Products
ONeal Steel
Penn Stainless
Key Questions Addressed in this Report
What is the 10-year outlook for the global 304 Stainless Steel market?
What factors are driving 304 Stainless Steel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 304 Stainless Steel market opportunities vary by end market size?
How does 304 Stainless Steel break out by Type, by Application?
304 Stainless Steel Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global 304 Stainless Steel Market?
Answer: The global 304 Stainless Steel market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
2. Which regions are analyzed in the Global 304 Stainless Steel Market report?
Answer: The Global 304 Stainless Steel Market report covers major regions such as North America, Europe, Asia-Pacific, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global 304 Stainless Steel Market?
Answer: The Global 304 Stainless Steel Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global 304 Stainless Steel Market?
Answer: Yes, the Global 304 Stainless Steel Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global 304 Stainless Steel Market?
Answer: Yes, Global 304 Stainless Steel Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global 304 Stainless Steel Market report?
Answer: Yes, Global 304 Stainless Steel Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global 304 Stainless Steel Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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