Stainless Steel Market Growth and Report by 2033

The global stainless steel market size reached USD 163.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 261.5 Billion by 2033, exhibiting a growth rate (CAGR) of 5.08% during 2025-2033. The rising demand for stainless steel from the building and construction sector, escalating automotive production and sales, and ongoing industrial and infrastructure development activities represent some of the key factors driving the market.

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