Stainless Steel Market: Get to know about the East African
SS market:
Nerves of Steel – ‘the ability to control your fear and remain calm even in
extremely dangerous or difficult situations’. Stainless Steel has been also popularly
known by this phrase. But Why?? The answer to this is the exceptional and
extraordinary features it beholds. We are living in an era where everything needs to
be precise in terms of hygiene, strength, reliability, durability, and flexibility too
that can ease the work of humankind. And Stainless Steels are the only entities that
are embedded with all these features together in one.
By the way, let’s have a small look at what they are…
Stainless Steel is an alloy of iron with a minimum of 10.5% chromium in it.
Chromium holds many good qualities which makes it unique and adds value to the
steel. Other than this, the mechanical properties can be enhanced by elements like
nickel, molybdenum, titanium, niobium, etc.
Fabrication of Stainless steel has been quite easy and popular, when we talk about
its fabrication, we are focusing more on that one component that will surely
enhance the utility and structure of everything in which it is used.
Let’s have a brief look at what makes Stainless Steel a big hit in the international
market?
❏ Corrosion Resistance
❏ Cryogenic Resistance
❏ Work Toughness
❏ Hot Strength
❏ Environment Friendly
Southern Africa Stainless Steel Development Association (Sassda) looks forward
to boosting East Africa’s stainless steel trade with Tanzania and Kenya primed for
increased bilateral trade with South Africa. Sassda has been seeking to grow its
export base in Kenya and Tanzania. To give a trigger to the production and
increase the productivity of Stainless Steel, Desbro Engineering Limited, a
top-notch Stainless Steel provider gives you the best quality product for your use.
Desbro looks forward to increasing its production in Uganda, Kenya, and
Tanzania. Introducing laser technology has given several benefits over the
traditional fabrication process and Desbro has always been looking forward to
supplying the best products to its customers. Stainless Steel has been growing
immensely globally with a variety of applications it has. Let’s have a look at some
of the systems, products, and industries we target –
❏ Dairy Processing
❏ Pharmaceutical Industry
❏ Water Purification Systems
❏ Commercial Kitchen Equipment
❏ Stainless Steel Sheets
❏ Stainless Steel tanks and vessels and many more
According to recent statistics global stainless steel reached a volume of almost
43.9 million metric tons in 2019. The industry is further expected to grow at a
CAGR of 3% in the forecast period of 2020-2025 to reach a volume of nearly 52.4
million metric tons by 2025.
On the final note, the global precision stainless steel market is expected to grow at
a positive rate between 2020-2030. The market will rise at a CAGR of 2.9%
between 2020 and 2029. The on-going pandemic has severely affected the global
market of stainless steel which has also led to an enormous number of challenges
for the manufacturers but the market is forecast to observe remarkable growth by
the end of the projection year.
Comment down your views with regards to the growth of stainless steel in the
global market and the sector which will see immense growth in the near future.
