U.K. Stainless Steel Market Size & Outlook, 2025-2030
Global Market
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UK stainless steel market highlights
- The UK stainless steel market generated a revenue of USD 659.9 million in 2024 and is expected to reach USD 925.3 million by 2030.
- The UK market is expected to grow at a CAGR of 5.8% from 2025 to 2030.
- In terms of segment, 300 series was the largest revenue generating grade in 2024.
- Duplex series is the most lucrative grade segment registering the fastest growth during the forecast period.
Stainless steel market data book summary
| Market revenue in 2024 | USD 659.9 million |
| Market revenue in 2030 | USD 925.3 million |
| Growth rate | 5.8% (CAGR from 2025 to 2030) |
| Largest segment | 300 series |
| Fastest growing segment | Duplex series |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 200 series, 300 series, 400 series, Duplex series, Other Grade |
| Key market players worldwide | Acerinox SA, Aperam, ArcelorMittal SA Depository Receipt, BAOSTEEL, Jindal Stainless, Nippon Steel Corp, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Thyssenkrupp AG, Yieh United Steel |
Other key industry trends
- In terms of revenue, UK accounted for 0.5% of the global stainless steel market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia stainless steel market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 4,620.3 million by 2030.
In the recent past, automotive sector in the UK has benefited from investments from major automakers including Toyota, Nissan, Ford, BMW Group, and Jaguar Land Rover. However, market growth is not limited to automakers only. The supply chain which caters to these automakers has also observed a demand with increasing opportunities.
As per The Society of Motor Manufacturers and Traders Ltd (SMMT), automotive accounts for 10% of share in goods trading in the country. In addition, the UK automotive market generated around USD 100 billion of revenue in 2018. The country is characterized by 2,500 suppliers, 20 R&D centers, 9 engine manufactures, and over 60 specialist car makers in 2018.
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Publish Date: Oct 16, 2025
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Stainless Steel Market Scope
Stainless Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ArcelorMittal SA Depository Receipt | View profile | 126,756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | www.arcelormittal.com |
| Nippon Steel Corp | View profile | 121,990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | www.nipponsteel.com |
| POSCO Holdings Inc ADR | View profile | 44,501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | www.posco.co.kr |
| Thyssenkrupp AG | View profile | 100,202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | www.thyssenkrupp.com |
| Acerinox SA | View profile | 8,245 | Calle Santiago de Compostela, no. 100, Madrid, Spain, 28035 | www.acerinox.com |
| Outokumpu Oyj Class A | View profile | 8,776 | Salmisaarenranta 11, Helsinki, Finland, FI-00180 | www.outokumpu.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | www.baosteel.com/group_en/ |
| Yieh United Steel | View profile | 51-100 | Kaohsiung, T'ai-wan, Taiwan, Asia | www.yusco.com.tw |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.jindalstainless.com/ |
| Aperam | View profile | 5001-10000 | Luxembourg, Luxembourg, Luxembourg, Europe | www.aperam.com |
U.K. Stainless Steel Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Stainless Steel Market Outlook will help companies and investors design strategic landscapes.
300 Series was the largest segment with a revenue share of 67.84% in 2024.
Horizon Databook has segmented the U.K. stainless steel market based on 200 series, 300 series, 400 series, duplex series, other grade covering the revenue growth of each sub-segment from 2018 to 2030.
In the recent past, automotive sector in the UK has benefited from investments from major automakers including Toyota, Nissan, Ford, BMW Group, and Jaguar Land Rover. However, market growth is not limited to automakers only. The supply chain which caters to these automakers has also observed a demand with increasing opportunities.
As per The Society of Motor Manufacturers and Traders Ltd (SMMT), automotive accounts for 10% of share in goods trading in the country. In addition, the UK automotive market generated around USD 100 billion of revenue in 2018. The country is characterized by 2,500 suppliers, 20 R&D centers, 9 engine manufactures, and over 60 specialist car makers in 2018.
- U.K. Stainless Steel Market Grade Outlook (Revenue, USD Million , 2018-2030)
- 200 series
- 300 series
- 400 series
- Duplex series
- Other Grade
- U.K. Stainless Steel Market Product Outlook (Revenue, USD Million , 2018-2030)
- Flat Products
- Long Products
- U.K. Stainless Steel Market Application Outlook (Revenue, USD Million , 2018-2030)
- Building & Construction
- Automotive & Transportation
- Consumer Goods
- Mechanical Engineering & Heavy Industries
- Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. Stainless Steel Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.K. Stainless Steel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Stainless Steel Market, 2018-2030 (US$M)
UK Grade - Stainless Steel Market Statistics, 2024 - 2030 (US$M)
