Structural Steel Market Is Booming Worldwide by 2026 | ArcelorMittal, POSCO, Tata Steel, Nucor Corporation, Erdemir Group, Voestalpine, Severstal, British Steel
Structural steel market is anticipated to expand at a significant rate throughout the coming time period owing to increasing construction activities in residential, commercial, and industrial sectors. Structural steel is a steel construction material which is fabricated with a particular shape and chemical composition to suit the applicable specifications of a project.
Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2207
Massive growth in construction activities across the world will have a major impact on structural steel market forecast, in terms of production as well as consumption. Structural steel is essentially a type of steel construction material that is manufactured in a certain shape or cross-section, with some chemical composition and high values of strength. It is primarily used as a to counter the low ductility and tensile strength of the concrete.
Based on product, the market is classified light structural steel, heavy structural steel, and rebar. The heavy structural steel segment is further bifurcated into bearing pile (H shaped), channel (C shaped), angle (L shaped), I beam (I shaped), tee (Tee shaped), pipe, and hollow section steel. Among these, the angle (L shaped) segment is likely to exhibit over 6.0% CAGR since it is used in used in framing, brackets, trim and reinforcements. Channel (C shaped) segment will exhibit over 3.0% CAGR in the structural steel market through the projected duration.
Regional Growth Drivers are -
o North America: Growing Steel consumption and increasing residential housing units
o Europe: Growth in Residential and Non-Residential infrastructure
o Asia Pacific: Growing infrastructure and increasing number of skyscrapers
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/2207
The light structural steel segment is classified similarly into bearing pile (H shaped), angle (L shaped), tee (T shaped), channel (C shaped), I beam (I shaped), hollow section steel, and pipe. Among these, the angle (L shaped) segment is likely to exhibit over 4.0% CAGR in the structural steel market. These products are used in framing, brackets, trim and reinforcements. The channel (C shaped) segment is likely to exhibit over 2.5% CAGR in the structural steel market. These products are used in brackets, framing, trim and reinforcements.
The hollow section steel is used in highway signs, building construction, guard rails, power transmission towers, bridges, and oil rigs. This segment will rise over 2.9% by 2026. Rebar product segment accounted for nearly 66% of the global structural steel market share. These are used extensively in concrete beam, column, structural floor, or foundation.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o ArcelorMittal S.A.
o Shagang Group Company Limited
o Nippon Steel & Sumitomo Metal Corporation
o VISA Steel
o Anyang Iron & Steel Group Co. Ltd.
o Baosteel Company
o Tata Steel
o China Steel Corporation
o Novolipetsk Steel
o Evraz Group
o Hyundai Steel Co. Ltd. (HSC)
o Steel Limited
o Nucor Corporation
o Erdemir Group
o Voestalpine AG
o Jindal Steel and Power Ltd.
o British Steel
Request For Discount @ https://www.decresearch.com/request-discount/2207
From a regional frame of reference, the Latin America structural steel market focuses on strengthening the value of regional integration, as well as technological innovation. This region accounted for a market revenue of $3.73 Bn in 2019. The Middle East region accounted for nearly 3.8% of the global structural steel market.
Toll Free: 1-888-689-0688
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Structural Steel Market Is Booming Worldwide by 2026 | ArcelorMittal, POSCO, Tata Steel, Nucor Corporation, Erdemir Group, Voestalpine, Severstal, British Steel here
News-ID: 2005158 • Views: 2937
More Releases from Global Market Insights, Inc.
Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across
More Releases for Steel
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals
Steel Market Is Thriving Worldwide | Shaaban Steel, Zamil Steel Holding
A new research study from HTF MI with title Global Steel Industry Market Research Report provides an in-depth assessment of the Steel including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Steel investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1759094-global-steel-industry-market If you are involved in the Steel industry or intend to be, then this study will provide you
Global Steel Billet Market 2018 - Rizhao Steel, Fangda Steel, EVRAZ, MMK, Baotou …
Apex Market Reports, recently published a detailed market research study focused on the “Steel Billet Market” across the global, regional and country level. The report provides 360° analysis of “Steel Billet Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Steel Billet on
Global Mild Steel Angles Market Study 2018-2023 Nucor Steel, Angang Steel, NJR S …
A market study "Global Mild Steel Angles Market" examines the performance of the Mild Steel Angles market 2018. It encloses an in-depth Research of the Mild Steel Angles market state and the competitive landscape globally. This report analyzes the potential of Mild Steel Angles market in the present and the future prospects from various angles in detail. The Global Mild Steel Angles Market 2018 report includes Mild Steel Angles market Revenue,
Global Structural Steel Pipe Market Forecast 2018-2025 JFE Steel, Metalcorp Stee …
QYMarketStudy include new market study "Global Structural Steel Pipe Market" examines the performance of the Structural Steel Pipe market 2018. It encloses an in-depth Research of the Structural Steel Pipe market state and the competitive landscape globally. This report analyzes the potential of Structural Steel Pipe market in the present and the future prospects from various angles in detail. Global Top Manufacturers Analysis such as Omega Steel, JFE Steel Corporation, O'Neal
Global Lamination Steel Market 2018 - JFE Steel, Waelzholz, Toyota Tsusho, Tata …
Apex Market Reports, recently published a detailed market research study focused on the “Lamination Steel Market” across the global, regional and country level. The report provides 360° analysis of “Lamination Steel Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Lamination Steel on