The Global Stainless Steel Market was valued at USD 112.23 billion in 2021 and is expected to reach USD 190.82 billion by 2030, growing at a CAGR of 6.2% during 2021-2030. The market is being driven by an increase in consumer disposable income as well as an increase in consumer preference for home stainless steel adoption and growing demand of stainless steel in electrical and mechanical equipment design, as well rising demand of stainless steel in modular construction.