Structural Steel Market Size, Share | Industry Report 2025

The global Structural Steel Market was valued at $86.2 billion in 2017 and is forecast to grow at a modestxx.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $144.7 Billion.

Structural steel is a material which is used in construction for making the material in different shapes such as angles, channels & wide flanges, and I beam steel sections for owing to their energy efficiency & exceptional designing facility. It is widely used in the construction sector for their intrinsic properties in design such as large span, with column of small section, great heights & load bearing capacity, combined with the low dead weight of the structure, structural systems in which openings can be easily provided, simplify installation of service. Structural steel includes a broad variety of low carbon & manganese steel that are used in a number of civil, mechanical & marine Engineering application. Structural steel is manufactured in section & plates shape & are normally used in buildings, bridges, ships & pipelines.

We have observed the use of structural steel in the housing & residential building sector has developed because of the growing appreciation of the performance benefits that arise from construction sites like improving the final quality of the building & speed of construction. The main market for structural steel is in this sector is a multistory building which is likely to drive the product demand in the forecast period.

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Key findings from the study: -
• We have segmented the Structural Steel based on Application categories as Non-Residential (Industrial, Commercial, Offices, Institutional), & Residential
• The key market participants include Nippon Steel & Sumitomo Metal Corporation, Wuhan Iron and Steel Group, Jiangsu Shagang, Tata Steel Group, HYUNDAISteel Company, JFE Steel Corporation, Baosteel, ArcelorMittal.

Ameri Research has segmented the Structural Steel Market by material categories, product type, end-use and region:

Market Segmentation:

Structural Steel Market by Application Categories (Revenue, Million, 2014 – 2025)
• Nonresidential (Industrial, Commercial, Offices, Institutional)
• Residential

Structural Steel Market Regional Outlook (Revenue, USD Million, 2014- 2025)

• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
• Latin America
o Brazil
o Mexico
o Columbia
• Middle East and Africa
o South Africa
o Saudi Arabia

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