How Sustainability Goals Are Impacting the Stainless Steel Market
According to Future Market Insight’s projections, the global stainless steel market (스테인리스 스틸 시장) is anticipated to reach a remarkable milestone, with a value of USD 173,647.8 Million by 2035. This projected value is substantially higher than its estimated worth of USD 134,337.0 Million in 2025. This growth trajectory reflects a robust CAGR of 2.6%. Investments in infrastructure and housing projects are set to boost the demand for stainless steel. As a versatile material, stainless steel witnesses surging demand across industries like construction, automotive, aerospace, electronics, and healthcare. Stainless steel’s advantages over carbon steel, such as flexibility, strength, corrosion resistance, aesthetic appeal, low maintenance cost, and long product life cycle, are projected to drive market growth. The upswing in these sectors, especially in emerging markets, propels the development of the stainless steel market. As urban centers expand and populations soar in developin...