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Profiled Steel Sheet Decking Market Size

Report ID: GMI5443
Published Date: Feb 2023
Report Format: PDF

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Profiled Steel Sheet Decking Market Size

Profiled Steel Sheet Decking Market size crossed USD 5.5 Billion in 2022 and is expected to register over 10 % CAGR from 2023 to 2032 owing to the surging product use in the expanding construction industry

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The global construction sector is proliferating, particularly in the Asian region, which is the primary driver for the growing product demand. Recent tech innovations and the development of new design methodologies have prompted the modification of traditional building processes to reduce construction project duration and lower construction costs in addition to competition from several manufacturers. The construction industry has witnessed an upsurge in the use of composite slabs with profiled steel decking due to their simpler, faster, lighter, and more cost-effective features in steel-framed building systems.

Profiled Steel Sheet Decking Market Report Attributes
Report Attribute	Details
Base Year:	2022
Profiled Steel Sheet Decking Market Size in 2022:	USD 5.5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	10.1%
2032 Value Projection:	USD 17 Billion
Historical Data for:	2018 to 2022
No. of Pages:	228
Tables, Charts & Figures:	354
Segments covered:	Product, Application, End-Use, and Region
Growth Drivers:	North America: Proliferating product consumption in the construction & infrastructure sector Europe: Increasing demand for residential construction Asia Pacific: Growing Asia Pacific construction industry Latin America: Increasing demand from new construction and renovation operations Middle East & Africa: Rising government initiatives for better infrastructure development
Pitfalls & Challenges:	Fluctuating raw material prices

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of profiled steel sheet decking exceeded USD 5.5 Billion in 2022 and is estimated to grow at over 10% CAGR through 2032 driven by the increasing product use in the construction industry.

The industrial segment is likely to witness growth rate of around 10.5% from 2023 to 2032 propelled by the rising preference for sustainable construction materials to build industrial facilities.

Asia Pacific market is projected to surpass USD 7 billion by 2032 owing to the robust expansion of the Indian construction sector.

Vulcraft Group, Kingspan Group, TATA Steel, Canam Group Inc., D-MAC Industries, Inc., Marlyn Steel Decks, Inc., Nippon Steel Corporation and Emirates Building System are some of the leading enterprises operating in the global market.