Press release
Hollow Structural Sections Market Set to Surge - Key Insights You Must Know
Hollow Structural Sections Market SizeThe global market for Hollow Structural Sections was valued at US$ 7054 million in the year 2024 and is projected to reach a revised size of US$ 10100 million by 2031, growing at a CAGR of 5.3% during the forecast period.
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Global key players of Hollow Structural Sections include Arcelor Mittal, Tata Steel, Nucor Tubular Products (NTP),Liberty Steel and SSAB, etc. The top five players hold a share near 40%. Arcelor Mittal is the largest manufacturers of Hollow Structural Sections in the world, has a share about 15%. Asia-Pacific is the largest market, has a share about 37%. In terms of product type, Square is the largest segment, occupied for a share of 40%, and in terms of application, Building has a share over 60 percent.
By Type
• Square
• Rectangular
• Round
By Application
• Building
• Bridge
• Infrastructure
• Mechanical Equipment
Key Companies
Arcelor Mittal, Tata Steel, Nucor Tubular Products (NTP), Liberty Steel, SSAB, CELSA Group, APL Apollo, Nippon Steel, Tianjin Yuantai Derun Pipe, Tianjin Youfa International, Nakajima Steel Pipe (NSP), Stalatube, Viohalco, Changsha Hunan Steel, Bull Moose Tube (Caparo), Qatar Steel, Nova Steel, Handan Zhengda Steel Pipe (ZDP), Welded Tube, Maruichi Leavitt Pipe & Tube, Atlas Tube (Zekelman Industries), JF Engineering Products, HISTEEL, Alpine Pipe, Barrett Steel, TSI Metal Industries, Tianjin Baode Steel Pipe, Jindal Steel Tubes, Intercom Group, Hebei Metal Trading
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