openPR Logo
Press release

Stainless Steel Round Bar Market to Rise; Development in Automotive Sector owing to Increasing Vehicle Production to Fuel Growth

A new market research report by Transparency Market Research, titled “Stainless Steel Round Bar Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023,” provides an in-depth understanding of the global stainless steel round bar market. The key insights into the market presented by this study are useful for the established and upcoming vendors looking to penetrate in the market.

An analysis on the prime trends in the market has also been encapsulated in this study. The fundamental mandates and regulations seen in the market and the ways they will impact the market development have also been elaborated. In addition, the top strategies of the prime players and their respective shares in the market have been presented.

Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11027

In the beginning of the report, the introduction of the stainless steel round bar market has been presented. This section also encapsulates the definition and application areas of stainless steel round bars. Stainless steel round bars present excellent properties including toughness, fire resistance, high corrosion resistance, tensile strength, magnetism, and fire resistance, among others. They are extensively being utilized for manufacturing numerous products such as dairy equipment, anchor bolts, industrial nozzles and valves, machine and automotive shafts, food processing equipment, sanitary fittings and faucets, reinforcing bars, and a number of other hardware products.

As per the report, the increasing development of construction, oil and gas, aerospace, and mining industries is providing impetus to the development of the market. In addition, the exponential development of the automotive sector owing to the increasing vehicle production will positively impact the development of the stainless steel round bar market. On the other hand, the huge cost of nickel is a prime factor inhibiting the development of the market.

Geographically, the report categorizes the market into Asia Pacific, North America, Europe, the Middle East and Africa (MEA), and the Rest of the World (RoW). On the basis of demand and production, the Asia Pacific stainless steel round bar market held a significant share in 2014 and is predicted to maintain its dominance all through 2023. This is owing to the increasing population and expansion in the infrastructure of Asia Pacific countries. North America and Europe respectively, trailed Asia Pacific in 2014 due to the increasing industrialization and the booming automotive industry in these two regions. On the other hand, in the MEA, lucrative opportunities in the chemical and petrochemical industries will also fuel the growth of the stainless steel round bar market in this region.

As mentioned in this report, Allegheny Technologies Incorporated, Crucible Industries LLC, Garelick Steel Company, Dongbei Special Steel Group Co. Ltd., J. H. Stainless, ThyssenKrupp Steel Europe AG, Shri Bhagavati Bright Bars Limited, Tsingshan Holding Group Co. Ltd., Walsin Lihwa Corporation, and Valbruna Stainless Inc., among others, are the leading players in this market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Transparency Market Research
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Stainless Steel Round Bar Market to Rise; Development in Automotive Sector owing to Increasing Vehicle Production to Fuel Growth here

News-ID: 361175 • Views:

More Releases from TMR Metals and Minerals Market

Structural Health Monitoring Market: Increasing Demand for Low-Cost Infrastructu …
A new market research report by Transparency Market Research, titled “Structural Health Monitoring Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023”, presents an accurate and updated evaluation on the structural health monitoring market. The report is compiled by conducting both secondary and primary research. The study encapsulates information on each facet related to the market for structural health monitoring systems. The key contributions of

More Releases for Transparency

transparency market research
The global Custom Antibody Market market is estimated to attain a valuation of US$1 Billion by the end of 2033, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.085% during the forecast period, 2023 to 2033. The key objective of the TMR report is to offer a complete assessment of the global market including major leading
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when
eDataCenterAnalyzer Increases Transparency in Data Centers
30 June 2016. Walldorf, Germany. – fluid Operations™ AG (fluidOps), a leader in semantic technologies, today launched eDataCenterAnalyzer™, an app that increases transparency in data centers. With the launch of this app and new releases of its Smart Data Platform Information Workbench™ and cloud management app eCloudManager™, the company has set the cornerstone for the future development of its product portfolio. eDataCenterAnalyzer combines the full functionality of Information Workbench with innovative
Transparency across the entire process chain
Leitner Spedition implements best4log-x • Austrian trucking company uses arvato Systems solution • End-to-end process management provides higher efficiency (arvato Systems) Gütersloh / Unterpremstätten – Since the beginning of 2015, the Austrian trucking company Leitner Spedition has been working with the best4log-x transport management system. This SAP-based solution from arvato Systems provides an integrated digital information flow and supports mid-sized companies in achieving a transparent process design. Controlling and Reporting have seen a