Stainless Steel Bolts Market 2025 Outlook: U.S. Market Valued at $32.5 Billion, China's Growth
According to a recent industry report published by Business Wire, the global stainless steel market was valued at US$120.2 billion in 2024 and is projected to reach US$157.4 billion by 2030, growing at a CAGR of 4.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, aiming to assist businesses in making informed decisions. Refer to the Business Wire report.(https://www.businesswire.com/news/home/20250211244469/en/%3C0%3EStainless-Steel-Global-Strategic-Industry-Report-2025-U.S.-Market-Valued-at-32.5-Billion-in-2024-China-Forecasted-to-reach-32.2-Billion-by-2030-Growing-at-a-7.5-CAGR---ResearchAndMarkets.c%3C/0%3Eom)
The report highlights that the U.S. stainless steel market was valued at US$32.5 billion in 2024, maintaining its leading position. Concurrently, the Chinese market is demonstrating robust growth momentum, projected to reach US$32.2 billion by 2030, expanding at a rapid CAGR of 7.5%. This indicates a potential shift in the global stainless steel industry's focus towards Asia, particularly the Chinese market, in the coming years.
Stainless steel bolts, as a crucial component of the stainless steel industry, are closely linked to the overall market trends. With the continuous advancement of global infrastructure construction and industrial manufacturing, coupled with the increasing demand for corrosion-resistant and high-strength materials, the market demand for stainless steel bolts is expected to continue to rise.
