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Prefabricated Building and Structural Steel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 110 Pages
  • August 2022
  • Region: Global
  • IMARC Group
  • ID: 5647898
UP TO OFF until Dec 31st 2022
The global prefabricated building and structural steel market size reached US$ 206.8 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 299.4 Billion by 2027, exhibiting a CAGR of 6.36% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sector. These insights are included in the report as a major market contributor.

Prefabricated buildings are manufactured in a factory and assembled on the construction site depending on the preference of an individual. They are made by assembling components, such as roofs, walls, and staircases, at off-sites by builders in specialized facilities. They are fabricated using numerous materials, including metal and wooden panels, glass, composites, plastics, and other reinforced plastics. They help save time and cost and eliminate the need for skilled workers to be present on the construction site. On the other hand, structural steel represents the basic framework wherein prefabricated parts are installed. It offers various advantages, such as durability, design flexibility, ease of expansion, weather resistance, efficient material utilization, minimal maintenance, and eco-friendly nature.

Prefabricated Building and Structural Steel Market Trends:

Significant growth in the construction industry, an increase in infrastructural activities, and technological advancements in the construction process represent one of the key factors positively influencing the market. In addition, rising awareness among individuals about the benefits of using prefabricated material and structural steel, such as flexibility, durability, energy efficiency, and faster completion, is creating a positive outlook for the market. Apart from this, the expansion of hotels, institutes, shopping complexes, and high-rise buildings is catalyzing the demand for these materials to enhance the durability of infrastructure. In line with this, the widespread adoption of prefabricated materials in temporary construction facilities, office spaces, medical camps, evacuation centers, schools, apartment blocks, and single-detached houses is offering lucrative growth opportunities to manufacturers. Furthermore, the shifting focus toward waste management and minimizing harmful emissions are increasing the adoption of green building practices, which, in turn, is driving the demand for these materials. Moreover, the increasing traction of smart cities is catalyzing the demand for prefabricated buildings and structural steel, which is expected to propel the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global prefabricated building and structural steel market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on component and end-use sector.

Breakup by Component:

  • Prefabricated Building
  • Floors and Roofs
  • Walls
  • Staircase
  • Panels and Lintels
  • Others
  • Structural Steel
  • H-Type Beam
  • Columns
  • I-Type Beam
  • Angles
  • Others
Floors and roofs currently dominate the prefabricated building market as prefabricated materials make them durable, reliable, and cost-effective. On the other hand, H-type beams hold the largest share of the structural steel market as they can bear larger loads and are more reliable for large-scale projects.

Breakup by End-Use Sector:

  • Residential
  • Institutional
  • Commercial
  • Industrial
On the basis of the end-use sector, the prefabricated building and structural steel market has been segmented into residential, institutional, commercial, and industrial.

Breakup by Region:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
The Asia Pacific enjoys the leading position in the market due to the growing population and the rising awareness among individuals about the benefits of constructing green buildings in the region.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report

1. What was the size of the global prefabricated building and structural steel market in 2021?
2. What is the expected growth rate of the global prefabricated building and structural steel market during 2022-2027?
3. What has been the impact of COVID-19 on the global prefabricated building and structural steel market?
4. What are the key factors driving the global prefabricated building and structural steel market?
5. What is the breakup of the global prefabricated building market based on the component?
6. What is the breakup of the global structural steel market based on the component?
7. What are the key regions in the global prefabricated building and structural steel market?
Frequently Asked Questions about the Global Prefabricated Building and Structural Steel Market

What is the estimated value of the Global Prefabricated Building and Structural Steel Market?

The Global Prefabricated Building and Structural Steel Market was estimated to be valued at $206.8 Billion in 2021.

What is the growth rate of the Global Prefabricated Building and Structural Steel Market?

The growth rate of the Global Prefabricated Building and Structural Steel Market is 6.3%, with an estimated value of $299.4 Billion by 2027.

What is the forecasted size of the Global Prefabricated Building and Structural Steel Market?

The Global Prefabricated Building and Structural Steel Market is estimated to be worth $299.4 Billion by 2027.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Prefabricated Building Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Structure Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Component
5.6 Market Breakup by Material Type
5.7 Market Breakup by Region
5.8 Market Breakup by End-Use Sector
5.9 Market Forecast
6 Global Structural Steel Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Structure Analysis
6.4.1 Key Price Indicators
6.4.2 Price Structure
6.4.3 Price Trends
6.5 Market Breakup by Component
6.6 Market Breakup by Region
6.7 Market Breakup by End-Use Sector
6.8 Market Forecast
7 Global Prefabricated Building Market: Performance by Component
7.1 Floors and Roofs
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Walls
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Staircase
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Panels and Lintels
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Global Structural Steel Market: Performance by Component
8.1 H-Type Beam
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Columns
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 I-Type Beam
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Angles
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Global Prefabricated Building and Structural Steel Market: Performance by End-Use Sector
9.1 Residential
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Institutional
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Commercial
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Industrial
9.4.1 Market Trends
9.4.2 Market Forecast
10 Global Prefabricated Building and Structural Steel Market: Performance by Region
10.1 Asia Pacific
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 North America
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Europe
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.2.1 Prefabricated Building Industry
14.2.2 Structural Steel Industry
15 Key Player Profiles
List of Figures
Figure 1: Global: Prefabricated Building and Structural Steel Market: Major Drivers and Challenges
Figure 2: Global: Prefabricated Building Market: Volume Trends (in Million Units), 2016-2021
Figure 3: Global: Prefabricated Building Market: Value Trends (in Billion US$), 2016-2021
Figure 4: Global: Prefabricated Building Market: Average Price Trends (in US$/Unit), 2016-2021
Figure 5: Global: Prefabricated Building Market: Price Structure Analysis
Figure 6: Global: Prefabricated Building Market: Breakup by Component (in %), 2021
Figure 7: Global: Prefabricated Building Market: Breakup by Region (in %), 2021
Figure 8: Global: Prefabricated Building Market: Breakup by End-Use Sector (in %), 2021
Figure 9: Global: Prefabricated Building Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 10: Global: Prefabricated Building Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 11: Global: Structural Steel Market: Volume Trends (in Million Tons), 2016 & 2021
Figure 12: Global: Structural Steel Market: Value Trends (in Billion US$), 2016 & 2021
Figure 13: Global: Structural Steel Market: Average Price Trends (in US$/Ton), 2016 & 2021
Figure 14: Global: Structural Steel Market: Price Structure Analysis
Figure 15: Global: Structural Steel Market: Breakup by Component (in %), 2021
Figure 16: Global: Structural Steel Market: Breakup by Region (in %), 2021
Figure 17: Global: Structural Steel Market: Breakup by End-Use Sector (in %), 2021
Figure 18: Global: Structural Steel Market Forecast: Volume Trends (in Million Tons), 2022-2027
Figure 19: Global: Structural Steel Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 20: Global: Prefabricated Building (Floors and Roofs) Market: Value Trends (in Million US$), 2016 & 2021
Figure 21: Global: Prefabricated Building (Floors and Roofs) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 22: Global: Prefabricated Building (Walls) Market: Value Trends (in Million US$), 2016 & 2021
Figure 23: Global: Prefabricated Building (Walls) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 24: Global: Prefabricated Building (Staircase) Market: Value Trends (in Million US$), 2016 & 2021
Figure 25: Global: Prefabricated Building (Staircase) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 26: Global: Prefabricated Building (Panels and Lintels) Market: Value Trends (in Million US$), 2016 & 2021
Figure 27: Global: Prefabricated Building (Panels and Lintels) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 28: Global: Prefabricated Building (Other Components) Market: Value Trends (in Million US$), 2016 & 2021
Figure 29: Global: Prefabricated Building (Other Components) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 30: Global: Structural Steel (H-Type Beam) Market: Value Trends (in Million US$), 2016 & 2021
Figure 31: Global: Structural Steel (H-Type Beam) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 32: Global: Structural Steel (Columns) Market: Value Trends (in Million US$), 2016 & 2021
Figure 33: Global: Structural Steel (Columns) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 34: Global: Structural Steel (I-Type Beam) Market: Value Trends (in Million US$), 2016 & 2021
Figure 35: Global: Structural Steel (I-Type Beam) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 36: Global: Structural Steel (Angles) Market: Value Trends (in Million US$), 2016 & 2021
Figure 37: Global: Structural Steel (Angles) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 38: Global: Structural Steel (Other Components) Market: Value Trends (in Million US$), 2016 & 2021
Figure 39: Global: Structural Steel (Other Components) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 40: Global: Prefabricated Building and Structural Steel (Residential Application) Market: Value Trends (in Million US$), 2016 & 2021
Figure 41: Global: Prefabricated Building and Structural Steel (Residential Application) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 42: Global: Prefabricated Building and Structural Steel (Institutional Application) Market: Value Trends (in Million US$), 2016 & 2021
Figure 43: Global: Prefabricated Building and Structural Steel (Institutional Application) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 44: Global: Prefabricated Building and Structural Steel (Commercial Application) Market: Value Trends (in Million US$), 2016 & 2021
Figure 45: Global: Prefabricated Building and Structural Steel (Commercial Application) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 46: Global: Prefabricated Building and Structural Steel (Industrial Application) Market: Value Trends (in Million US$), 2016 & 2021
Figure 47: Global: Prefabricated Building and Structural Steel (Industrial Application) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 48: Asia Pacific: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2016 & 2021
Figure 49: Asia Pacific: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 50: North America: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2016 & 2021
Figure 51: North America: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 52: Europe: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2016 & 2021
Figure 53: Europe: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 54: Middle East and Africa: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2016 & 2021
Figure 55: Middle East and Africa: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 56: Latin America: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2016 & 2021
Figure 57: Latin America: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 58: Global: Prefabricated Building and Structural Steel Industry: SWOT Analysis
Figure 59: Global: Prefabricated Building and Structural Steel Industry: Value Chain Analysis
Figure 60: Global: Prefabricated Building and Structural Steel Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Prefabricated Building Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Structural Steel Market: Key Industry Highlights, 2021 and 2027
Table 3: Global: Prefabricated Building Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Structural Steel Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 5: Global: Prefabricated Building and Structural Steel Market Forecast: Breakup by End-Use Sector (in Million US$), 2022-2027
Table 6: Global: Prefabricated Building and Structural Steel Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Prefabricated Building and Structural Steel Market: Competitive Structure
Table 8: Global: Prefabricated Building Market: Key Players
Table 9: Global: Structural Steel Market: Key Players

Methodology

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