Press release
Structural Steel Market 2020 | Top Players are ArcelorMittal, POSCO, Tata Steel, Nucor Corporation, Erdemir Group, Voestalpine, Severstal, British Steel
Structural Steel Market
The material is known to be 100% recyclable and is one of the most reused materials in the world. Structural steel involves a wide variety of manganese or low carbon steel which are used in a large number of marine and civil engineering applications. The product is manufactured in plate shapes and sections that are further used to build ships, pipelines, buildings and bridges.
Request sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2207
According to new research report, Structural Steel Market was estimated at USD 285 Billion in 2019 and is projected to surpass USD 500 billion by the year 2026.
Demand for structural steel in industrial sector has come on the heels of its unparalleled strength and sleek visual appeal. Besides, sustainability and low cost of structural steel have instilled confidence among leading players who are vying to invest in structural steel market. Notable uptick witnessed in government budgets towards tourism sector and emphasis on building condominium and skyscrapers are set to augur well for the industry size expansion.
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 POSCO
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 Severstal
o Jindal Steel and Power Ltd.
o British Steel
Prominent players are vying to boost their industry portfolios through product roll outs and mergers and acquisitions. In Q4 2015, Tata Steel rolled out Tata Structure 355, a high strength variant of steel hollow sections that has an additional variant with fire-resistance properties and an improved yield strength. The structural steel is extensively being used in the construction of metro and railway stations, airports, IT and industrial complexes and malls.
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/2207
In a bid to boost the product portfolio, Nippon Steel and ArcelorMittal jointly acquired Essar Steel in India in December 2019. As such, Essar Steel in India (ESIL) will be known as ArcelorMittal Nippon Steel India (AM/NS India). The two leading companies Nippon Steel and ArcelorMittal will offer their respective business experience and leading technologies to further their business expansion in steel industry in Asia.
Structural steel products will continue to gain mainstream momentum aided by advanced designs and seismic resistance to satiate large scale construction needs. Prominent companies are striving to provide state-of-the-art facilities that are accredited to global standards and eventually complement sustainability.
High recycled content, quick construction, high strength-to-weight ratio and minimal environmental impact have made structural steel indispensable for helping innovate and create design with an array of shape and sizes. Indeed, leading companies are looking to optimize fabrication works, design, shorten work periods, improve cost savings with improved strength and high dimensional accuracy.
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
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:
Copy
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 2020 | Top Players are ArcelorMittal, POSCO, Tata Steel, Nucor Corporation, Erdemir Group, Voestalpine, Severstal, British Steel here
News-ID: 2032930 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
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…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel market Share? Gerdau S.A, ArcelorMittal, Tat …
This Global Structural Steel market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
According to this study, over the next five years the Structural Steel market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 79700 million by 2024, from…
