Asia Pacific Steel Sections Market Size & Outlook
Asia Pacific steel sections market, 2018-2030 (US$M)
Related Markets
Asia Pacific steel sections market highlights
- The Asia Pacific steel sections market generated a revenue of USD 84,796.2 million in 2022.
- The market is expected to grow at a CAGR of 5% from 2023 to 2030.
- In terms of segment, non-residential was the largest revenue generating application in 2022.
- Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 84,796.2 million |
| Market revenue in 2030 | USD 125,079.7 million |
| Growth rate | 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 |
| Key market players worldwide | Emirates Steel, Arabian Gulf Steel Industries, ArcelorMittal SA Depository Receipt, Metalloinvest, Shadeed Iron & Steel, Rajhi Steel, RAK Industrial Services, Star Stainless Steel, Union Iron & Steel, Watania Steel |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 68.9% of the global steel sections market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 125,079.7 million by 2030.
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Steel Sections Market Scope
Steel Sections Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 52.79% in 2023. Horizon Databook has segmented the Asia Pacific steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific 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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Target buyers of Asia Pacific steel sections market databook
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Our clientele includes a mix of steel sections market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Asia Pacific steel sections market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific steel sections market size, by country, 2018-2030 (US$M)
Asia Pacific Steel Sections Market Outlook Share, 2023 & 2030 (US$M)
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