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Structural Steel Market Size
- Report ID: GMI2207
- Published Date: Mar 2020
- Report Format: PDF
Structural Steel Market Size
Structural Steel market size exceeded USD 285 Billion, globally in 2019 and is estimated to grow at over 7.5% CAGR between 2019 and 2026. Increasing residential & non-residential construction activities and rising demand of steel products as construction materials will foster the industry growth.
Structural steel is a category of steel used in construction industry and welded in various shapes and grades. It takes shapes and form of an elongated beam having different cross-sectional shapes. Its shapes, sizes, chemical composition and properties are regulated by a standard set forth by agencies and organization for most countries.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Structural Steel Market Size in 2019: | USD 290.7 Billion |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 7.7% |
| 2026 Value Projection: | USD 503.8 Billion |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 1,084 |
| Tables, Charts & Figures: | 1,643 |
| Segments covered: | Product, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Urbanization and construction provide a strong demand for steel long products including bars and sections while the growth of manufacturing industry provides demand for flat products like hot & cold rolled coil and stainless steel, which is likely to have a positive outlook in the structural steel market share.
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Structural Steel Market Scope
