Latin America Steel Sections Market Size & Outlook
The steel sections market in Latin America is expected to reach a projected revenue of US$ 4,099.2 million by 2030. A compound annual growth rate of 2.8% is expected of Latin America steel sections market from 2023 to 2030.
Revenue, 2022 (US$M)
$3,289.0
Forecast, 2030 (US$M)
$4,099.2
CAGR, 2023 - 2030
2.8%
Report Coverage
Latin America
Latin America steel sections market, 2018-2030 (US$M)
Related Markets
Latin America steel sections market highlights
- The Latin America steel sections market generated a revenue of USD 3,289.0 million in 2022.
- The market is expected to grow at a CAGR of 2.8% from 2023 to 2030.
- In terms of segment, 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,289.0 million |
| Market revenue in 2030 | USD 4,099.2 million |
| Growth rate | 2.8% (CAGR from 2022 to 2030) |
| Largest segment | 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, Latin America region accounted for 2.7% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
|---|
Latin America 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.
Residential was the largest segment with a revenue share of 52.25% in 2022. Horizon Databook has segmented the Latin America steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America 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
Reasons to subscribe to Latin America steel sections market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America steel sections market databook
-
Our clientele includes a mix of steel sections market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America steel sections market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America steel sections market size, by country, 2018-2030 (US$M)
Latin America Steel Sections Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
