The global balustrade market was valued at ~US$ 4 Bn in 2018 and is anticipated to expand at a CAGR of ~5% during the forecast period. Among materials, the stainless steel segment held a dominant share of the balustrade market in 2018, as stainless steel is extensively used across the world. Stainless steel usually contains a minimum of 13% of chromium, which can be up to 26% for harsh environments. Chromium creates a thin protective layer around the metal when exposed to oxygen. This passivation layer is resistant to water and air. This corrosion resistance property makes stainless steel ideal for use in balustrades.
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