Iran Structural Steel Market Size & Outlook, 2022-2030
The structural steel market in Iran is expected to reach a projected revenue of US$ 1,459.0 million by 2030. A compound annual growth rate of 2% is expected of Iran structural steel market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,245.4
Forecast, 2030 (US$M)
$1,459.0
CAGR, 2023 - 2030
2%
Report Coverage
Iran
Iran structural steel market, 2018-2030 (US$M)
Related Markets
Iran structural steel market highlights
- The Iran structural steel market generated a revenue of USD 1,245.4 million in 2022 and is expected to reach USD 1,459.0 million by 2030.
- The Iran market is expected to grow at a CAGR of 2% 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 1,245.4 million |
| Market revenue in 2030 | USD 1,459.0 million |
| Growth rate | 2% (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, Iran accounted for 1.0% 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 Middle East & Africa, Iran structural steel market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 430.3 million by 2030.
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Structural Steel Market Scope
Structural steel market segmentation & scope
Structural Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Iran structural steel market size, by application, 2018-2030 (US$M)
Iran Structural Steel Market Outlook Share, 2022 & 2030 (US$M)
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