[250 Pages Report] The global stainless steel foil market size is expected to reach US$ 6.3 Billion in 2022 and US$ 10.4 Billion in 2032. It is likely to exhibit growth at a CAGR of 6.2% in the forecast period from 2022 to 2032. The rising need to enhance the dimensional stability that often prevents contamination of steel tool parts during heat treatment is expected to drive the sales of stainless steel foil in future years.
| Report Attribute | Details |
|---|---|
| Stainless Steel Foil Market Estimated Base Year Value (2021) | US$ 5.9 Billion |
| Stainless Steel Foil Market Expected Market Value (2022) | US$ 6.3 Billion |
| Stainless Steel Foil Market Anticipated Forecast Value (2032) | US$ 10.4 Billion |
| Stainless Steel Foil Market Projected Growth Rate (2022 to 2032) | 6.2% CAGR |
Stainless steel is referred to as a type of corrosion-resistant alloy of nickel, aluminum, iron, and other metals. As it is highly recyclable, it is commonly known as the green material.
Stainless steel foils are known for their inert and environmentally neutral nature. Their longevity helps to meet the needs of sustainable construction. These also do not leach compounds that can change their composition when they come in contact with various elements, such as water.
Some of the additional applications of stainless steel foils include X-ray imaging, shielding for high vacuum processes, turbine engines, and heating elements. The surging demand for corrosion resistant metal packaging in several industries worldwide is expected to augur well for the stainless steel foil market size.
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The increasing demand for tough yet lightweight metal packaging solutions worldwide is likely to propel the stainless steel foil market growth in future years. These foils are nowadays converted into alloys for their extensive usage in the pharmaceutical, food, and dairy industries.
Companies can easily trim, press, or perforate these foils as per their requirements to deliver a better fit for numerous applications. These can also be mixed with additives, such as nickel and chromium to increase their durability, as well as strength.
The ability of these foils to withstand high temperature, as compared to aluminum foils is another significant factor that is estimated to fuel the growth. These also have Ultra-High Vacuum (UHV) compatibility and are thus gaining traction in the global market.
The high prices of raw materials are anticipated to surge the cost of production in the evaluation period. Trade wars and declining production in manufacturing industries owing to the COVID-19 pandemic that occurred in December 2019 may also hinder the demand for stainless steel foils in the upcoming years.
However, the market is set to gradually get back to normalcy with increasing investments by government bodies in research and development activities.
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North America is anticipated to remain at the forefront in the forthcoming years by procuring the largest stainless steel foil market share. The ever-increasing usage of these foils in the aerospace and automotive industries in the U.S. and Canada is set to drive the regional market.
As per the U.S. Department of Transportation, in 2019, around 10,893 vehicles were produced in the country, while nearly 13,677 vehicles were sold the same year. These numbers are projected to grow at a steady pace in future years, thereby propelling the North America market.
The ongoing technological development and the emergence of state-of-the-art technologies, such as flame cutting, water jets, and laser are projected to augment the Asia Pacific stainless steel foil market growth in the assessment period. The entry of cutting-edge machinery for sheet metal manufacturing in India and China is another vital factor that is estimated to augur well for the regional market.
The rapid industrialization and modernization of existing machinery in various end-use industries is also set to spur the growth in Asia Pacific. In addition to that, the rising focus of key players on the expansion of their production capacities to enhance the quality of their products is projected to accelerate the growth.
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Some of the leading companies present in the global stainless steel foil market include AK Steel Corporation, ArcelorMittal, Nisshin Steel Co., Ltd., Tata Steel Limited, Ulbrich Stainless Steels & Special Metals, Inc., Reliance Foundry Co. Ltd., Jindal Stainless Ltd., A.J. Oster, LLC, Hollinbrow Precision Products (UK) Ltd., and All Foils, Inc. among others.
The global market is highly competitive with the presence of various large-scale companies. Majority of these companies are aiming to strengthen their positions in this market by engaging in mergers, acquisitions, joint ventures, and collaborations. Meanwhile, multiple local and unorganized players are anticipated to enter the market in the near future. They are set to launch new products to cater to the surging consumer demand across the globe.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.2% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global stainless steel foil market is expected to surpass US$ 10.4 Billion in 2032.
North America is likely to dominate the stainless steel foil market in the forecast period.
AK Steel Corporation, ArcelorMittal, Nisshin Steel Co., Ltd., Tata Steel Limited, Ulbrich Stainless Steels & Special Metals, Inc., and Reliance Foundry Co. Ltd. are some of the prominent companies in the stainless steel foil market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Stainless Steel Foil Market Analysis 2015-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis, 2015-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Thickness
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Thickness, 2015-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Thickness, 2022-2032
5.3.1. Less than 100 mm
5.3.2. 101-500 mm
5.3.3. Above 500 mm
5.4. Y-o-Y Growth Trend Analysis by Thickness, 2015-2021
5.5. Absolute $ Opportunity Analysis by Thickness, 2022-2032
6. Global Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Application, 2015-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Application, 2022-2032
6.3.1. Void Filling
6.3.2. Cornering
6.3.3. Insulation
6.3.4. Blocking & Bracing
6.4. Y-o-Y Growth Trend Analysis by Application, 2015-2021
6.5. Absolute $ Opportunity Analysis by Application, 2022-2032
7. Global Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By End use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by End use, 2015-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by End use, 2022-2032
7.3.1. Automotive
7.3.2. Electrical & Electronics
7.3.3. Energy & Power
7.3.4. Oil & Gas
7.4. Y-o-Y Growth Trend Analysis by End use, 2015-2021
7.5. Absolute $ Opportunity Analysis by End use, 2022-2032
8. Global Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Analysis by Region, 2015-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tonnes) Analysis and Forecast by Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa (MEA)
8.4. Market Attractiveness Analysis, by Region
9. North America Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
9.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Thickness
9.2.3. By Application
9.2.4. By End use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Thickness
9.3.3. By Application
9.3.4. By End use
9.4. Key Takeaways
10. Latin America Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
10.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Thickness
10.2.3. By Application
10.2.4. By End use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Thickness
10.3.3. By Application
10.3.4. By End use
10.4. Key Takeaways
11. Europe Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
11.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. U.K.
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Thickness
11.2.3. By Application
11.2.4. By End use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Thickness
11.3.3. By Application
11.3.4. By End use
11.4. Key Takeaways
12. East Asia Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
12.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Thickness
12.2.3. By Application
12.2.4. By End use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Thickness
12.3.3. By Application
12.3.4. By End use
12.4. Key Takeaways
13. South Asia Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
13.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Thickness
13.2.3. By Application
13.2.4. By End use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Thickness
13.3.3. By Application
13.3.4. By End use
13.4. Key Takeaways
14. Oceania Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
14.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Thickness
14.2.3. By Application
14.2.4. By End use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Thickness
14.3.3. By Application
14.3.4. By End use
14.4. Key Takeaways
15. Middle East & Africa Stainless Steel Foil Market Analysis 2015–2021 and Forecast 2022–2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015-2021
15.2. Market Size Value (US$ Mn) & Volume (Tonnes) Forecast by Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of MEA
15.2.2. By Thickness
15.2.3. By Application
15.2.4. By End use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Thickness
15.3.3. By Application
15.3.4. By End use
15.4. Key Takeaways
16. Country wise Stainless Steel Foil Market Analysis
16.1. United States (U.S.)
16.1.1. Market Share Analysis, 2022
16.1.2. By Thickness
16.1.3. By Application
16.1.4. By End use
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Thickness
16.2.3. By Application
16.2.4. By End use
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Thickness
16.3.3. By Application
16.3.4. By End use
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Thickness
16.4.3. By Application
16.4.4. By End use
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Thickness
16.5.3. By Application
16.5.4. By End use
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Thickness
16.6.3. By Application
16.6.4. By End use
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Thickness
16.7.3. By Application
16.7.4. By End use
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Thickness
16.8.3. By Application
16.8.4. By End use
16.9. U.K.
16.9.1. Market Share Analysis, 2022
16.9.2. By Thickness
16.9.3. By Application
16.9.4. By End use
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Thickness
16.10.3. By Application
16.10.4. By End use
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Thickness
16.11.3. By Application
16.11.4. By End use
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Thickness
16.12.3. By Application
16.12.4. By End use
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Thickness
16.13.3. By Application
16.13.4. By End use
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Thickness
16.14.3. By Application
16.14.4. By End use
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Thickness
16.15.3. By Application
16.15.4. By End use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Jainex Steel and Metal
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Metalstripsolutions
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. NIPPON STEEL CORPORATION
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Ted Pella, Inc.
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Great Lakes Textiles
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. AMETEK Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. MTI Corporation
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Wieland Rolled Products NA
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Ulbrich Stainless Steels and Special Metals Inc.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. MaTecK GmbH
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Unisteels and Engg. Co. Pvt. Ltd.
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments (Product/Channel/Region)
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
18.1.12. Avocet Steel
18.1.12.1. Overview
18.1.12.2. Product Portfolio
18.1.12.3. Profitability by Market Segments (Product/Channel/Region)
18.1.12.4. Sales Footprint
18.1.12.5. Strategy Overview
18.1.12.5.1. Marketing Strategy
18.1.12.5.2. Product Strategy
18.1.12.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Stainless Steel Foil Market
