France Structural Steel Market Size & Outlook, 2022-2030
France structural steel market, 2018-2030 (US$M)
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France structural steel market highlights
- The France structural steel market generated a revenue of USD 1,016.7 million in 2022 and is expected to reach USD 1,178.8 million by 2030.
- The France market is expected to grow at a CAGR of 1.9% 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.
Structural steel market data book summary
| Market revenue in 2022 | USD 1,016.7 million |
| Market revenue in 2030 | USD 1,178.8 million |
| Growth rate | 1.9% (CAGR from 2022 to 2030) |
| Largest segment | 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 | ArcelorMittal SA Depository Receipt, Gerdau SA ADR, Nippon Steel Corp, Tata Steel Ltd GDR - 144A, Steel Authority Of India Ltd DR |
Other key industry trends
- In terms of revenue, France accounted for 0.8% of the global structural steel market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia structural steel market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,605.0 million by 2030.
Residential was the largest segment with a revenue share of 59.76% in 2022. Horizon Databook has segmented the France structural steel market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
In France, construction sector contributes nearly 5% to the country’s GDP and engages a considerable portion of the working population. France’s demographics are a growth factor for housing construction.
The expanding demographics of the country contribute to the growth of housing construction sector. This is expected to drive structural steel consumption in several construction applications over the forecast period.
Several building firms in France have also positioned themselves to benefit from the major highway and housing construction program launched by Russia from 2014 to 2020.
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Structural Steel Market Scope
Structural Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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France structural steel market size, by application, 2018-2030 (US$M)
France Structural Steel Market Outlook Share, 2022 & 2030 (US$M)
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