Canada Steel Sections Market Size & Outlook, 2023-2030

The steel sections market in Canada is expected to reach a projected revenue of US$ 1,386.8 million by 2030. A compound annual growth rate of 2.3% is expected of Canada steel sections market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,180.7
Forecast, 2030 (US$M)
$1,386.8
CAGR, 2024 - 2030
2.3%
Report Coverage
Canada

Canada steel sections market highlights

  • The Canada steel sections market generated a revenue of USD 1,233.1 million in 2022 and is expected to reach USD 1,386.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 1.5% 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.

Steel sections market data book summary

Market revenue in 2022USD 1,233.1 million
Market revenue in 2030USD 1,386.8 million
Growth rate1.5% (CAGR from 2022 to 2030)
Largest segmentNon-residential
Fastest growing segmentNon-residential
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Non-residential
Key market players worldwideEmirates 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, Canada accounted for 1.0% of the global steel sections market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. steel sections market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 10,744.5 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
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant

Steel Sections Market Companies

Name Profile # Employees HQ Website

Canada 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 54.04% in 2023. Horizon Databook has segmented the Canada steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada 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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada steel sections market , including forecasts for subscribers. This country databook contains high-level insights into Canada steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada steel sections market size, by application, 2018-2030 (US$M)

Canada Steel Sections Market Outlook Share, 2023 & 2030 (US$M)

Canada steel sections market size, by application, 2018-2030 (US$M)

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