Will 316 stainless steel become the mainstream material for the global stainless steel vacuum flask in 2022?

Although the global epidemic situation is still severe, our factory can still receive a large number of inquiries every day with its good reputation and industry reputation.In these inquiries, the editor concluded that the use and confirmation of 316 stainless steel materials accounted for more than 40% of these inquiries.Compared with the global demand for 316 stainless steel in 2021, it has more than doubled. Does this mean that 316 stainless steel will become the mainstream material in the global stainless steel vacuum flask market in 2022?

Answer: not necessarily

Why do I say this.

The editor analyzed the source of the inquiries and found that about 80% of the inquiries that require the use of 316 stainless steel materials for stainless steel water cups are in the European market, and the countries in these markets have relatively strong overall spending power.The remaining 20%, including the U.S. market, are relatively scattered and not concentrated.

Secondly, about 40% of the inquiries came up to emphasize that the other party needed to purchase high-quality water cups representing high-end, and the range of the purchase price was wider than other inquiries that did not necessarily purchase 316 stainless steel thermos cups.Through the analysis of these editors, although the market for 316 stainless steel is more and more popular, but affected by the price of the material and the needs of market positioning, the thermos made of 316 stainless steel mainly meets the mid-to-high-end market.

Judging from the customs export data in 2021, taking stainless steel thermos cups as an example, the global purchase price is between US$2.5 and US$4.5, accounting for about 60%.In this price range, water cups with a capacity of more than 500 ml are mainly used, so the editor obtained through these data analysis.If the stainless steel vacuum flask with a capacity of 500 ml and above is purchased in this price range, it should still be mainly 304 stainless steel.If you switch to 316 stainless steel, the purchase cost should increase by 20%-30%.

But the editor thinks it can be expected that with the continuous promotion of materials in the global water cup market, people's demand for high-quality materials will increase.At the same time, as the production cost gap between 316 stainless steel materials and 304 stainless steel materials continues to narrow, more water cup manufacturers will choose to use 316 stainless steel.

But regardless of whether 316 stainless steel will become the mainstream material in the future, it will inevitably be replaced by materials with higher quality and higher performance.At the same time, the editor also made a kind reminder to some consumers and buyers that the purchase of stainless steel water cups should be judged carefully, not that the lower the price, the higher the cost performance.Once the stainless steel water cup exceeds market expectations and the value is too high or too low, it means that this product is faulty.