Strategic Forecast for the Architectural And Structural Metals Industry: Market Outlook 2025-2034

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Architectural And Structural Metals Market Size Growth Forecast: What to Expect by 2025?
The market size for architectural and structural metals has witnessed a steady expansion in the past years. In 2024, the market's value stood at $610.26 billion, and it is projected to increase to $633.44 billion in 2025, growing at a compound annual growth rate (CAGR) of 3.8%. The surge during the historical period is primarily due to factors such as construction and infrastructure development, increasing urbanization and population, industrial and commercial construction, evolving architectural trends, and government expenditure in infrastructure.

How Will the Architectural And Structural Metals Market Size Evolve and Grow by 2029?
The market size for architectural and structural metals is projected to experience consistent expansion in the coming years, potentially reaching $752.4 billion by 2029. This growth, at a compound annual growth rate (CAGR) of 4.4%, can mainly be attributed to several factors. These include the rise of sustainable construction methods, the boom in renewable energy projects, the advent of smart building technologies, global urbanization patterns, as well as the tenacity and enhancement of infrastructure. Key trends projected for the forecast period consist of the emphasis on Building Information Modelling (BIM), the development of energy-efficient building enclosures, urbanization and infrastructure growth, the employment of repurposed and recycled metals, and the sway of global architectural trends.

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What Drivers Are Propelling the Growth of Architectural And Structural Metals Market Forward?
The expansion of the construction sector is anticipated to drive the growth of the architectural and structural metals market. Defined as the creation, modification, restoration, restructuring, or demolition of infrastructure, construction entails the making or development of an entity. The need for architectural and structural metals in the construction sector, used in the creation of durable and aesthetic structures, is fueled by their corrosion-resistant, ductile, and lightweight properties. Therefore, an expanding construction sector will stimulate market growth. In November 2023, for example, the Office of National Statistics, a UK-based statistical entity, reported that the total new work construction output had increased by 15.8%, marking a record achievement with the value reaching £132,989 million in 2023. Furthermore, in 2022, total new work saw an increase of £18,161 million, with the private sector seeing a growth of 16.8% and public sector reporting a growth of 13.1%. As a result, all these factors fuel the growth of the architectural and structural metals market.

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What Are the Key Trends Driving Architectural And Structural Metals Market Growth?
There is an increasing trend for technological advancements in the architectural and structural metals market, as major companies in this sector strive to incorporate technology to boost their market stance. For example, CYPE, a Spain-based firm known for its technical software development for architecture, engineering, and construction professionals, introduced StruBIM Steel in December 2022. This new tool simplifies the process of producing structural steel detailing drawings. Uniquely, it is developed to generate and manage BIM (Building Information Model) models used for steel detailing and fabricate all structural drawings with a simple click. It makes it possible to provide the documents produced directly to the fabrication workshops, ensuring regular updates and revisions of the fabrication and assembly drawings.

What Are the Key Segments in the Architectural And Structural Metals Market?
The architectural and structural metals market covered in this report is segmented -

1) By Type: Plate Work And Fabricated Structural Products, Ornamental And Architectural Metal Products
2) By Application: Construction, Manufacturing, Other Applications

Subsegments:
1) By Plate Work And Fabricated Structural Products: Steel Plates, Beams And Columns, Frames And Trusses
2) By Ornamental And Architectural Metal Products: Railing And Fencing, Gates And Grilles, Decorative Metalwork, Roof And Facade Systems

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Who Are the Key Players Shaping the Architectural And Structural Metals Market's Competitive Landscape?
Major companies operating in the architectural and structural metals market include NCI Building Systems Inc., Gibraltar Industries Inc., Valmont Industries Inc., Arconic Inc., Nucor Corporation, United States Steel Corporation, ArcelorMittal SA, China Baowu Steel Group, JFE Steel Corporation, Nippon Steel Corporation, Tata Steel Ltd., Larson Manufacturing Company Inc., Jeld Wen Inc., Defiance Metal Products Co., TrueNorth Steel Inc., DuraVent Inc., Worthington Industries Inc., Steel Dynamics Inc., AK Steel Holding Corporation, Carpenter Technology Corporation, Allegheny Technologies Incorporated, Commercial Metals Company, Reliance Steel & Aluminum Co., Mueller Industries Inc., The Timken Company, Olympic Steel Inc., Universal Stainless & Alloy Products Inc., A.M. Castle & Co., Ryerson Holding Corporation, Schnitzer Steel Industries Inc.

What Geographic Markets Are Powering Growth in the Architectural And Structural Metals Market?
North America was the largest region in the architectural and structural metals market in 2024. The regions covered in the architectural and structural metals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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