Automotive Stainless Steel Market Size - By Vehicle Type (Passenger Cars, Commercial Vehicles),, By Manufacturing Method (Seamless Tubes, Welded Tubes), Application, Tube Type, Outer Diameter, End Use & Global Forecast, 2023

Description

List of Tables

Global automotive stainless steel market will reflect over 3.1% CAGR over 2023-2032. The increasing demand for lightweight materials in the automotive industry to improve fuel efficiency and reduce emissions will drive industry growth. The adoption of stainless steel due to its high strength-to-weight ratio will fuel market expansion.

Stainless steel offers exceptional corrosion resistance, enhancing the durability and longevity of automotive components which will drive market forward due to reduced maintenance costs. Stringent government regulations related to vehicle safety and emissions have also prompted automakers to use stainless steel for exhaust systems and structural components. The growing automotive production in emerging economies is further propelling the market's expansion as manufacturers seek high-quality materials for their vehicles.

The market is segregated based on vehicle type, manufacturing method, application, tube type, outer diameter, end-use, and region.

Based on vehicle type, passenger cars will hold a commendable share of the automotive stainless steel industry by 2032. The growing need for lightweight materials to enhance fuel efficiency and consumer preference for corrosion-resistant and durable components will drive growth in the segment.

Based on application, the heat exchangers segment will most likely progress with a significant CAGR over 2023-2032. Growth in the segment will be driven by rising demand for efficient exhaust systems to meet stringent emissions regulations. Stainless steel's corrosion resistance and heat tolerance make it a preferred choice to be used in heat exchangers.

Based on tube type, the coiled tube segment is estimated to exhibit significant CAGR over the analysis period. The demand for coiled tubes in the automotive stainless steel market will grow due to rising need for efficient fluid transportation and corrosion resistance. The increasing use of electric and hybrid vehicles, which require specialized tubing for cooling and thermal management will further drive growth in the segment.

Asia Pacific automotive stainless steel market will record sizeable growth, driven by rapid urbanization, increasing disposable income, and a thriving automotive manufacturing sector. Stringent emissions standards, consumer demand for corrosion-resistant components, and the shift toward electric vehicles will also contribute to industry expansion in the region.

Product Code: 6236

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Base estimations & working
1.3 Forecast calculation
- 1.3.1 COVID-19 impact on forecast, by region
  - 1.3.1.1 North America
  - 1.3.1.2 Europe
  - 1.3.1.3 Asia Pacific
  - 1.3.1.4 Latin America
  - 1.3.1.5 Middle East & Africa
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid Sources
  - 1.4.2.2 Public Sources

Chapter 2 Executive Summary

2.1 Automotive stainless steel industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Product trends
2.4 Application trends
2.5 End-use trends
2.6 Regional trends

Chapter 3 Automotive Stainless Steel Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Distribution channel analysis trends
- 3.1.2 Vendor matrix
- 3.1.3 COVID-19 impact on value chain
3.2 Raw material outlook
3.3 Regulatory landscape
- 3.3.1 North America
- 3.3.2 Europe
- 3.3.3 Asia Pacific
- 3.3.4 Latin America
- 3.3.5 Middle East & Africa
3.4 Technology landscape
3.5 Pricing analysis, by region
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 Middle East & Africa
3.6 Cost structure Analysis
3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.2 Industry pitfalls and challenges
3.8 Innovation & sustainability
3.9 Growth potential analysis
3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer's power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
3.11 PESTEL analysis
3.12 Impact of COVID-19 on industry, by end use
3.13 Impact of Russia Ukraine war on the industry

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Global company market share, 2022
4.3 Company market share, by region, 2022
- 4.3.1 North America
- 4.3.2 Europe
- 4.3.3 APAC
- 4.3.4 LATAM
- 4.3.5 MEA
4.4 Competitive analysis of market player
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Automotive Stainless Steel Market Size and Forecast, By Vehicle Type 2018 - 2032

5.1 Key trends, by vehicle type
5.2 Commercial Vehicles
5.3 Passenger cars

Chapter 6 Automotive Stainless Steel Market Size and Forecast, By Application 2018 - 2032

6.1 Key trends, by application
6.2 Exhaust system
6.3 Fuel and Brake Lines
6.4 Heat Exchangers
6.5 Structural components
6.6 Others

Chapter 7 Automotive Stainless Steel Market Size and Forecast, By Manufacturing Method 2018 - 2032

7.1 Key trends, by manufacturing method
7.2 Seamless tubes
7.3 Welded tubes

Chapter 8 Automotive Stainless Steel Market Size and Forecast, By Tube Type 2018 - 2032

8.1 Key trends, by tube type
8.2 Straight tubes
8.3 U-Bends
8.4 Coiled tubes

Chapter 9 Automotive Stainless Steel Market Size and Forecast, By Outer Diameter 2018 - 2032

9.1 Key trends, by outer diameter
9.2 Less than 4mm
9.3 4mm- 12mm
9.4 Above 12 mm

Chapter 10 Automotive Stainless Steel Market Size and Forecast, By End Use 2018 - 2032

10.1 Key trends, by end use
10.2 OEM
10.3 Aftermarket

Chapter 11 Automotive Stainless Steel Market Size and Forecast, By Region 2018 - 2032

11.1 Key trends, by region
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 France
- 11.3.4 Spain
- 11.3.5 Italy
- 11.3.6 Russia
11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 South Korea
- 11.4.6 Indonesia
- 11.4.7 Malaysia
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE

Chapter 12 Company Profiles

12.1 Outokumpu Oyj
12.2 Thyssenkrupp AG
12.3 AK Steel Holding Corporation
12.4 Nippon Steel Corporation
12.5 JFE Steel Corporation
12.6 POSCO
12.7 Acerinox S.A.
12.8 Sandvik AB
12.9 Aperam S.A.
12.10 Ta Chen International, Inc.
12.11 Aperam S.A.
12.12 Carpenter Technology Corporation
12.13 ATI (Allegheny Technologies Incorporated)
12.14 NAS (North American Stainless)
12.15 Yieh United Steel Corporation