Press release
Structural Steel Market 2020 Trends, Application, Demand, Growth, Industry Outlook & Research Report 2025 |Arcelor Mittal S.A., Baosteel Group Corporation, Anshan Iron & Steel Group Corporation, Benxi Beiying Iron & Steel Group Co. Ltd., Baogang Group, Bo
Global Structural Steel market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Structural Steel market. In, turn, this will lead to improvement in market worth.Request a PDF sample of this report: https://www.adroitmarketresearch.com/contacts/request-sample/1548
Global Structural Steel Market: Notable Development
Global Structural Steel market is set to witness growth and a number of notable developments are paving the way for the same. The competitive landscape is also duly impacted by these developments. A deep dive can be had a published report by Adroit Market Research.
The global Structural Steel market is highly consolidated. And, key players in the global Structural Steel market are Arcelor Mittal S.A., Baosteel Group Corporation, Anshan Iron & Steel Group Corporation, Benxi Beiying Iron & Steel Group Co. Ltd., Baogang Group, Bohai Steel Group Co. Ltd, Gerdau S.A, Hebei Steel Group, Nippon Steel & Sumitomo Metal Corporation (NSSMC), JSW Steel Limited, Tata Steel Limited, Anyang Iron & Steel Group Co. Ltd, Hunan Valin Iron & Steel Group Co., Ltd, Hyundai Steel Co., Ltd. (HSC), and POSCO.
Global Structural Steel Market: Key trends and driver
Increasing construction of high-rise buildings is another important factor expected to boost the use of structural steel in the coming years. According to the Council on Tall Buildings and Urban Environment (CTBUH), 18 new super-sized skyscrapers were constructed in 2018, where China became the leading destination for such towers. A total of 143 buildings with a height of 200 meters were constructed globally in 2018, of which 88 were in China. As a result, the steady development of new high-rise buildings is expected to have a significant effect on structural steel demand over the forecast period.
Browse the complete report @ https://www.adroitmarketresearch.com/industry-reports/structural-steel-market
Global Structural Steel Market: Regional Analysis
The global structural steel market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. However, Asia Pacific is expected to witness the highest growth in the structural steel market during the forecast period. Asia Pacific was the largest market and accounted for a share of over 54.5% in 2019. The global demand is driven by an expansion in residential building activities in developing economies. Unfractured schemes in these countries are another exciting field that is projected to fuel demand for structural steel products. For example, the Indian government increased their infrastructure spending from USD 75.9 billion to USD 89.2 billion in the 2018-19 Union budget.
Segment Overview of Global Structural Steel Market
Application Overview, 2015-2025 (USD Million)
Non-residential
Industrial
Non-industrial
Commercial
Institutional
Residential
Regional Overview, 2015-2025 (USD Million)
North America
U.S.
Canada
Europe
Germany
Spain
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
For Any Query on the Structural Steel Market: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/1548
About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Information:
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Phone No.: USA: +1 972-362 -8199 / +91 9665341414
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