Mexico Steel Sections Market Size & Outlook, 2022-2030
The steel sections market in Mexico is expected to reach a projected revenue of US$ 2,443.6 million by 2030. A compound annual growth rate of 3.2% is expected of Mexico steel sections market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,902.4
Forecast, 2030 (US$M)
$2,443.6
CAGR, 2023 - 2030
3.2%
Report Coverage
Mexico
Mexico steel sections market, 2018-2030 (US$M)
Related Markets
Mexico steel sections market highlights
- The Mexico steel sections market generated a revenue of USD 1,902.4 million in 2022 and is expected to reach USD 2,443.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 3.2% 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 2022 | USD 1,902.4 million |
| Market revenue in 2030 | USD 2,443.6 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Non-residential |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Mexico accounted for 1.5% 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
Residential
Non-residential
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant
Steel Sections Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 50.64% in 2022. Horizon Databook has segmented the Mexico steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico steel sections market , including forecasts for subscribers. This country databook contains high-level insights into Mexico steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico steel sections market size, by application, 2018-2030 (US$M)
Mexico Steel Sections Market Outlook Share, 2022 & 2030 (US$M)
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