U.S. And Mexico Stainless Steel Market Size, Share & Trends Analysis Report By Grade (300 Series, Duplex Series), By Product (Flat, Long), By Application (Consumer Goods), By Country, And Segment Forecasts, 2025 - 2030
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U.S. And MexicStainless Steel Market Growth & Trends
The U.S. and Mexicstainless steel market size is anticipated treach USD 20.63 billion by 2030, according ta new report by Grand View Research, Inc. The market is projected tgrow at a CAGR of 9.2% from 2025 t2030. Increasing product usage for consumer appliance manufacturing coupled with rising demand from building & construction industry is the primary factor driving the market growth. Stainless steel has several advantageous properties over other materials, such as high cryogenic toughness, corrosion resistance, ductility, attractive appearance, and high strength & hardness. Therefore, it has numerous applications in consumer goods, automotive, aerospace, marine, electronics, industrial machinery, and building & construction industries. Automotive & transportation sector is projected twitness a moderate growth owing tslowdown in automotive production in U.S.
However, stringent emission policies have forced automakers timprove the fuel efficiency of vehicles, which is likely tinfluence the product demand. Tcomply with the government regulations, manufacturers are now focusing on reducing the vehicle weight using lightweight materials, such as stainless steel, plastic, and aluminum. Furthermore, the rising trade tensions between U.S. and China and imposition of anti-dumping tariffs against Chinese imports in May 2018 are likely tprovide lucrative growth opportunity tdomestic vendors. Owing tthe imposition of high tariffs, the overall imports of stainless steel intthe country observed a decline of 16% from 2017 t2018.
Building & construction industry in the region is alslikely tprovide opportunities for the industry growth. According tthe U.S. Census Bureau, the total construction spending (nonresidential and residential) in 2018 increased by 3.7% as compared tthe previous year and reached USD 1,293.9 billion. Mexicautomotive industry is estimated tbe a key driver for the market growth. According tInternational Organization of Motor Vehicle Manufacturers (OICA), the Mexican automotive production, including passenger cars and commercial vehicles, was 3,565 thousand units in 2014 and it reached 4,100 thousand units in 2018. Due tcontinuous increase in production of vehicles, the product demand is anticipated tincrease over the coming years.
U.S. And MexicStainless Steel Market Report Highlights
U.S. And MexicStainless Steel Market Growth & Trends
The U.S. and Mexicstainless steel market size is anticipated treach USD 20.63 billion by 2030, according ta new report by Grand View Research, Inc. The market is projected tgrow at a CAGR of 9.2% from 2025 t2030. Increasing product usage for consumer appliance manufacturing coupled with rising demand from building & construction industry is the primary factor driving the market growth. Stainless steel has several advantageous properties over other materials, such as high cryogenic toughness, corrosion resistance, ductility, attractive appearance, and high strength & hardness. Therefore, it has numerous applications in consumer goods, automotive, aerospace, marine, electronics, industrial machinery, and building & construction industries. Automotive & transportation sector is projected twitness a moderate growth owing tslowdown in automotive production in U.S.
However, stringent emission policies have forced automakers timprove the fuel efficiency of vehicles, which is likely tinfluence the product demand. Tcomply with the government regulations, manufacturers are now focusing on reducing the vehicle weight using lightweight materials, such as stainless steel, plastic, and aluminum. Furthermore, the rising trade tensions between U.S. and China and imposition of anti-dumping tariffs against Chinese imports in May 2018 are likely tprovide lucrative growth opportunity tdomestic vendors. Owing tthe imposition of high tariffs, the overall imports of stainless steel intthe country observed a decline of 16% from 2017 t2018.
Building & construction industry in the region is alslikely tprovide opportunities for the industry growth. According tthe U.S. Census Bureau, the total construction spending (nonresidential and residential) in 2018 increased by 3.7% as compared tthe previous year and reached USD 1,293.9 billion. Mexicautomotive industry is estimated tbe a key driver for the market growth. According tInternational Organization of Motor Vehicle Manufacturers (OICA), the Mexican automotive production, including passenger cars and commercial vehicles, was 3,565 thousand units in 2014 and it reached 4,100 thousand units in 2018. Due tcontinuous increase in production of vehicles, the product demand is anticipated tincrease over the coming years.
U.S. And MexicStainless Steel Market Report Highlights
- 300 series grade dominated the market and accounted for the largest revenue share of 59.1% in 2024. This growth is attributed tits exceptional corrosion resistance and mechanical properties.
- The duplex series grade is expected tgrow at a CAGR of 13.3% over the forecast period, owing tits unique strength and corrosion resistance combination.
- The flat product segment led the market and accounted for the largest revenue share of 70.8% in 2024, driven by the rising demand from the construction and automotive industries.
- The consumer goods applications held the dominant position in the market, with the largest revenue share of 37.9% in 2024.
- The stainless steel market in the U.S. held the dominant position and accounted for the largest revenue share of 75.0% in 2024, driven by significant investments in infrastructure and construction.
- Mexicstainless steel market is expected tgrow at a CAGR of 8.5% over the forecast period, owing trising industrial activities across multiple sectors, including automotive, construction, and manufacturing.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
CHAPTER 3. U.S. & MEXICO STAINLESS STEEL MARKET VARIABLES, TRENDS & SCOPE
3.1. U.S. & Mexico Stainless Steel Market Outlook
3.2. Industry Value Chain Analysis
3.3. Average Price Trend Analysis
3.4. Supply-Demand GAP Analysis, 2024
3.5. Regulatory Framework
3.5.1. Policies and Incentive Plans
3.5.2. Standards and Compliances
3.5.3. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
3.7.1. Supplier Power
3.7.2. Buyer Power
3.7.3. Substitution Threat
3.7.4. Threat from New Entrant
3.7.5. Competitive Rivalry
3.8. PESTEL Analysis
3.8.1. Political Landscape
3.8.2. Economic Landscape
3.8.3. Social Landscape
3.8.4. Technological Landscape
3.8.5. Environmental Landscape
3.8.6. Legal Landscape
CHAPTER 4. U.S. & MEXICO STAINLESS STEEL MARKET: GRADE OUTLOOK ESTIMATES & FORECASTS
4.1. U.S. & Mexico Stainless Steel Market: Grade Movement Analysis, 2024 & 2030
4.1.1. 300 series
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.2. 400 series
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.3. 200 series
4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.4. Duplex series
4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.5. Others
4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 5. U.S. & MEXICO STAINLESS STEEL MARKET: PRODUCT OUTLOOK ESTIMATES & FORECASTS
5.1. U.S. & Mexico Stainless Steel Market: Product Movement Analysis, 2024 & 2030
5.1.1. Flat Products
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
5.1.2. Long Products
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 6. U.S. & MEXICO STAINLESS STEEL MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS
6.1. U.S. & Mexico Stainless Steel Market: Application Movement Analysis, 2024 & 2030
6.1.1. Consumer Goods
6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.2. Mechanical Engineering & Heavy Industries
6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.3. Automotive & Transportation
6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.4. Building & Construction
6.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.5. Others
6.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 7. U.S. & MEXICO STAINLESS STEEL MARKET COUNTRY OUTLOOK ESTIMATES & FORECASTS
7.1. Country Snapshot
7.2. U.S. & Mexico Stainless Steel Market: Country Movement Analysis, 2024 & 2030
7.3. U.S.
7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.2. Market Estimates and Forecast, by Grade, 2018 - 2030 (USD Million) (Kilotons)
7.3.3. Market Estimates and Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
7.3.4. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
7.4. Mexico
7.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.2. Market Estimates and Forecast, by Grade, 2018 - 2030 (USD Million) (Kilotons)
7.4.3. Market Estimates and Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
7.4.4. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Vendor Landscape
8.2.1. Company categorization
8.2.2. List of Key Distributors and Channel Partners
8.2.3. List of Potential Customers/End Users
8.3. Competitive Dynamics
8.3.1. Competitive Benchmarking
8.3.2. Strategy Mapping
8.3.3. Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. ATI
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Strategic Initiatives
8.4.2. POSCO
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Strategic Initiatives
8.4.3. Outokumpu
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Strategic Initiatives
8.4.4. Aperam Stainless
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Strategic Initiatives
8.4.5. North American Stainless (NAS)
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Strategic Initiatives
8.4.6. Continental Steel & Tube Company
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Strategic Initiatives
8.4.7. Universal Stainless
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Strategic Initiatives
8.4.8. Plymouth Tube Company USA
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Strategic Initiatives
8.4.9. Electralloy
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Strategic Initiatives
8.4.10. AK Steel International BV
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Strategic Initiatives
8.4.11. ArcelorMittal
8.4.11.1. Participant’s Overview
8.4.11.2. Financial Performance
8.4.11.3. Product Benchmarking
8.4.11.4. Strategic Initiatives
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Insights
2.2. Segmental Outlook
2.3. Competitive Outlook
CHAPTER 3. U.S. & MEXICO STAINLESS STEEL MARKET VARIABLES, TRENDS & SCOPE
3.1. U.S. & Mexico Stainless Steel Market Outlook
3.2. Industry Value Chain Analysis
3.3. Average Price Trend Analysis
3.4. Supply-Demand GAP Analysis, 2024
3.5. Regulatory Framework
3.5.1. Policies and Incentive Plans
3.5.2. Standards and Compliances
3.5.3. Regulatory Impact Analysis
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
3.7.1. Supplier Power
3.7.2. Buyer Power
3.7.3. Substitution Threat
3.7.4. Threat from New Entrant
3.7.5. Competitive Rivalry
3.8. PESTEL Analysis
3.8.1. Political Landscape
3.8.2. Economic Landscape
3.8.3. Social Landscape
3.8.4. Technological Landscape
3.8.5. Environmental Landscape
3.8.6. Legal Landscape
CHAPTER 4. U.S. & MEXICO STAINLESS STEEL MARKET: GRADE OUTLOOK ESTIMATES & FORECASTS
4.1. U.S. & Mexico Stainless Steel Market: Grade Movement Analysis, 2024 & 2030
4.1.1. 300 series
4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.2. 400 series
4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.3. 200 series
4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.4. Duplex series
4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
4.1.5. Others
4.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 5. U.S. & MEXICO STAINLESS STEEL MARKET: PRODUCT OUTLOOK ESTIMATES & FORECASTS
5.1. U.S. & Mexico Stainless Steel Market: Product Movement Analysis, 2024 & 2030
5.1.1. Flat Products
5.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
5.1.2. Long Products
5.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 6. U.S. & MEXICO STAINLESS STEEL MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS
6.1. U.S. & Mexico Stainless Steel Market: Application Movement Analysis, 2024 & 2030
6.1.1. Consumer Goods
6.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.2. Mechanical Engineering & Heavy Industries
6.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.3. Automotive & Transportation
6.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.4. Building & Construction
6.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
6.1.5. Others
6.1.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 7. U.S. & MEXICO STAINLESS STEEL MARKET COUNTRY OUTLOOK ESTIMATES & FORECASTS
7.1. Country Snapshot
7.2. U.S. & Mexico Stainless Steel Market: Country Movement Analysis, 2024 & 2030
7.3. U.S.
7.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
7.3.2. Market Estimates and Forecast, by Grade, 2018 - 2030 (USD Million) (Kilotons)
7.3.3. Market Estimates and Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
7.3.4. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
7.4. Mexico
7.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million) (Kilotons)
7.4.2. Market Estimates and Forecast, by Grade, 2018 - 2030 (USD Million) (Kilotons)
7.4.3. Market Estimates and Forecast, by Product, 2018 - 2030 (USD Million) (Kilotons)
7.4.4. Market Estimates and Forecast, by Application, 2018 - 2030 (USD Million) (Kilotons)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Vendor Landscape
8.2.1. Company categorization
8.2.2. List of Key Distributors and Channel Partners
8.2.3. List of Potential Customers/End Users
8.3. Competitive Dynamics
8.3.1. Competitive Benchmarking
8.3.2. Strategy Mapping
8.3.3. Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. ATI
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Strategic Initiatives
8.4.2. POSCO
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Strategic Initiatives
8.4.3. Outokumpu
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Strategic Initiatives
8.4.4. Aperam Stainless
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Strategic Initiatives
8.4.5. North American Stainless (NAS)
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Strategic Initiatives
8.4.6. Continental Steel & Tube Company
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Strategic Initiatives
8.4.7. Universal Stainless
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Strategic Initiatives
8.4.8. Plymouth Tube Company USA
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Strategic Initiatives
8.4.9. Electralloy
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Strategic Initiatives
8.4.10. AK Steel International BV
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Strategic Initiatives
8.4.11. ArcelorMittal
8.4.11.1. Participant’s Overview
8.4.11.2. Financial Performance
8.4.11.3. Product Benchmarking
8.4.11.4. Strategic Initiatives
