Press Release
Europe Stainless Steel Market to Surpass USD 89.3 Billion by 2032
Pune, December 8, 2025 – Global Data Route Analytics has released its latest research publication titled “Europe Stainless Steel Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2035.” The report reveals that the Europe stainless steel market is valued at approximately USD 62.1 billion in 2024 and is projected to grow steadily to around USD 89.3 billion by 2032, driven by robust demand across automotive, construction, and manufacturing sectors.
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The market is expected to expand at a CAGR of 4.9% from 2025 to 2032, reflecting Europe’s strategic emphasis on high-performance, corrosion-resistant materials to meet sustainability and industrial durability goals. The increasing use of stainless steel in electric vehicles, infrastructure upgrades, and food-grade applications is also enhancing market momentum.
The report provides a detailed segmentation of the market across:
• Product Type – Austenitic, Ferritic, Martensitic, Duplex, and Precipitation Hardening Stainless Steel
• Application – Automotive, Construction, Aerospace, Chemical, Food Processing, and Household Appliances
• End User – Manufacturing Industries, Automotive OEMs, Construction Companies, Chemical Plants, and more
• Geography – Germany, UK, France, Italy, Spain, Rest of Europe, and a global comparative view across North America, Asia-Pacific, Latin America, and Middle East & Africa
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The research further explores the competitive landscape, profiling major players such as:
• Aperam S.A.
• Outokumpu Oyj
• ThyssenKrupp AG
• POSCO International Corporation
• Acerinox S.A.
• Jindal Stainless Limited
• Allegheny Technologies Incorporated (ATI)
• Sandvik AB
• Nippon Steel Corporation
• Baosteel Group Corporation
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About the Company
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics
