Structural Steel Market 2020 Growth By key players like ArcelorMittal, POSCO, Tata Steel, Nucor Corporation, Erdemir Group, Voestalpine, Severstal, British Steel
According to the given report, Structural Steel Market accounted for 285 billion in 2019 and would reach a valuation of 500 billion, propelling at a CAGR of 7.5 % over 2020-2026. The report boasts of pivotal information on the current market situation, emerging technologies, exceptional competitive landscape, industry strategies, future growth prospects, and potential market segmentations.
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Based on the product segmentation, the market has been bifurcated into various products such as light structural steel, heavy structural steel, and rebar. Alongside, the research report encloses information pertaining to market share, current and projected market shares and sizes, along with existing and projected CAGRs, various developmental trends, and the overall performance of this segment on the industry.
The document also covers a detailed analysis on vivid applications including residential, non-residential, industrial, station & hangers, bridges, and others, while including every detail of the growth rendering parameters, individual market shares and sizes, anticipated segment valuation, segmental growth, and other necessary information.
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
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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.
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
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