North America Steel Sections Market Size & Outlook

The steel sections market in North America is expected to reach a projected revenue of US$ 14,575.0 million by 2030. A compound annual growth rate of 4.7% is expected of North America steel sections market from 2024 to 2030.
Revenue, 2023 (US$M)
$10,570.3
Forecast, 2030 (US$M)
$14,575.0
CAGR, 2024 - 2030
4.7%
Report Coverage
North America

North America steel sections market highlights

  • The North America steel sections market generated a revenue of USD 10,798.0 million in 2022.
  • The market is expected to grow at a CAGR of 3.8% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.

North America data book summary

Market revenue in 2022USD 10,798.0 million
Market revenue in 2030USD 14,575.0 million
Growth rate3.8% (CAGR from 2022 to 2030)
Largest segmentNon-residential
Fastest growing segmentNon-residential
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, North America region accounted for 8.8% 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 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

North 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.


Non-residential was the largest segment with a revenue share of 56.07% in 2023. Horizon Databook has segmented the North America steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.


  • North 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

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

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North America steel sections market size, by country, 2018-2030 (US$M)

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

North America steel sections market size, by country, 2018-2030 (US$M)

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