Global Steel Sections Market Size & Outlook, 2022-2030
The steel sections industry worldwide is expected to reach a projected revenue of US$ 174,439.6 million by 2030. A compound annual growth rate of 4.5% is expected of the worldwide steel sections industry from 2023 to 2030.
Revenue, 2022 (US$M)
$123,103.9
Forecast, 2030 (US$M)
$174,439.6
CAGR, 2023 - 2030
4.5%
Report Coverage
Worldwide
Global steel sections market, 2018-2030 (US$M)
Related Markets
Global steel sections market highlights
- The global steel sections market generated a revenue of USD 123,103.9 million in 2022 and is expected to reach USD 174,439.6 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.5% by 2030.
- In terms of segment, non-residential accounted for a revenue of USD 64,529.8 million in 2022.
- Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 123,103.9 million |
| Market revenue in 2030 | USD 174,439.6 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Non-residential |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-residential |
Other key industry trends
- In terms of revenue, the North America accounted for 8.8% of the global steel sections market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,386.8 million by 2030.
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Steel Sections Market Scope
Steel sections market segmentation & scope
Construction
Infrastrcture
Industrial
Automotive
Industrial Manufacturing
Power & Energy
Others
Residential
Non-residential
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant
Steel Sections Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global steel sections market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel sections market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 52.42% in 2022. Horizon Databook has segmented the Global steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Steel Sections Application Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Infrastrcture
- Industrial
- Automotive
- Industrial Manufacturing
- Power & Energy
- Others
- Residential
- Non-residential
- Oil & gas
- Chemicals and petrochemicals
- Automotive & transportion
- Mechanical engineering
- Power plant
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Our clientele includes a mix of steel sections market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global steel sections market , including forecasts for subscribers. This global databook contains high-level insights into Global steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global steel sections market size, by regions, 2018-2030 (US$M)
Top 10 countries: Steel sections market size, 2022 (US$M)
Global steel sections market share, by application, 2022 & 2030 (%, US$M)
Steel Sections Market: Opportunity Assessment By Country
Global steel sections market, by region, 2022 (US$M)
Related regional statistics
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