Structural Steel Market Share, Revenue, Key Factors Analysis and Trends Forecast by 2025

Structural Steel Market is a category of steel used as a construction material for making structural steel shapes. A structural steel shape is a profile, formed with a specific cross section and following certain standards for chemical composition and mechanical properties. Structural steel shapes, sizes, composition, strengths, storage practices, etc., are regulated by standards in most industrialized countries. Structural steel has many uses in the modern world, but the application most associated with it is in construction.

It is one of the most vital materials used in building, favored for a number of reasons, the main beings it versatility, relatively low production cost, high strength, sustainability and availability. Structural steel is categorized into shapes, each with their own compositional properties that are regulated by standards, which differ between different countries. Geographically, the production of Asia concentrates in China, Japan, Korea, and India, which totally account for about 81.25% of the Asia production in 2015.

China accounted for 64.86% of the production market share during 2015 and is predicted to retain its leadership until the end of 2022. Southeast Asia is the most promising market of structural steel in Asia, among which, Thailand, Philippines, Vietnam, Indonesia takes the leading share. The market of structural steel is quite concentrated. Tata Steel, Nippon Steel Sumitomo Metal, POSCO, Baosteel, Ansteel, Wuhan Iron and Steel, are the key suppliers in the Asia structural steel market. The five then took up about 30.23% of the Asia production market in 2015.

The global Structural Steel market is valued at 59100 million US$ in 2018 is expected to reach 86700 million US$ by the end of 2025, growing at a CAGR of 4.9% during 2019-2025. This report focuses on Structural Steel volume and value at global level, regional level and company level. From a global perspective, this report represents overall Structural Steel market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Gerdau S.A

ArcelorMittal

Tata Steel

POSCO

ThyssenKrupp

JSW Steel

Essar Steel

TISCO

Pomina

Krakatau Steel

Segment by Regions

North America

Europe

China

Japan

Segment by Type

I-Beam

Angle (L-Shape)

Z-Shape

T-Shaped

Segment by Application

Construction Industry

Transportation Industry

Machinery Industry

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