Quick Summary:
In the rapidly evolving and highly competitive Structural Steel market, robust market insights form the cornerstone of sound investment decisions. Our sophisticated market research report, projecting growth to reach US$143 Billion by 2030, offers crucial intelligence for senior executives poised to reinforce their market presence or tap into new opportunities.
This incisive report dissects the market dynamics across key geographies including the US, China, Japan, Canada, and Germany, and offers a comprehensive analysis catered to the needs of today's discerning executives. In addition, the report features exceptional coverage on market shares, competitiveness of select competitors, and their market presence across diverse geographies. With added benefits of online interactive bespoke updates, access to digital archives, and complimentary updates for an entire year, this report merits a prominent place in your strategic planning toolkit. Harness the power of informed decision-making and stay ahead of the curve in the post-pandemic recovery phase.
Global Structural Steel Market to Reach $143 Billion by 2030
The global market for Structural Steel estimated at US$99 Billion in the year 2022, is projected to reach a revised size of US$143 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Non-Residential, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$74.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Residential segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $27 Billion, While China is Forecast to Grow at 7.8% CAGR
The Structural Steel market in the U.S. is estimated at US$27 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$30.4 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 42 Featured) -
- Anshan Iron & Steel Group Corporation
- Anyang Iron & Steel Group Co. Ltd.
- Arcelor Mittal S.A.
- Baogang Group
- Bohai Steel Group Co. Ltd.
- Baosteel Group Corporation
- Benxi Beiying Iron & Steel Group Co. Ltd.
- Evraz Group
- Gerdau S.A.
- Hebei Steel Group
- Hyundai Steel Co., Ltd. (HSC)
- JSW Steel Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Structural Steel?
What is the growth rate of the Global Market for Structural Steel?
What is the forecasted size of the Global Market for Structural Steel?
Who are the key companies in the Global Market for Structural Steel?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 99 Billion |
| Forecasted Market Value ( USD | $ 143 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Anshan Iron & Steel Group Corporation
- Anyang Iron & Steel Group Co. Ltd.
- Arcelor Mittal S.A.
- Baogang Group
- Bohai Steel Group Co. Ltd.
- Baosteel Group Corporation
- Benxi Beiying Iron & Steel Group Co. Ltd.
- Evraz Group
- Gerdau S.A.
- Hebei Steel Group
- Hyundai Steel Co., Ltd. (HSC)
- JSW Steel Limited
