GVR Report cover Structural Steel Market Size, Share & Trend Report

Structural Steel Market Size, Share & Trend Analysis Report By Product (Angles, Channels, Rounds), By Application (Non-residential (Industrial, Commercial, Institutional), Residential), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: 978-1-68038-503-8
  • Number of Report Pages: 123
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2022
  • Forecast Period: 2023 - 2030 
  • Industry: Advanced Materials

Structural Steel Market Size & Trends

The global structural steel market size was valued at USD 117.12 billion in 2023 and is likely to register a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. Infrastructural developments, in both developing as well as developed countries, are anticipated to remain the primary factors driving the demand for structural steel.

U.S. structural steel market size and growth rate, 2024 - 2030

The growing housing needs, as a result of the increasing population across the globe, are also among the key factors driving product demand. As per the projections estimated by the United Nations, the global population will reach 11.2 billion by 2100, which, in turn, is anticipated to bolster housing demand, thus, boosting consumption for structural steel.

Structural steel is considered a green construction material due to its recyclability and thus, a rising number of green buildings is anticipated to propel market growth in the coming years. According to the World Green Building Council, LEED-certified buildings use 11% less water and 25% less energy in the U.S. Green buildings help reduce harmful impacts on the environment, hence, focus on their construction is increasing in the country. California holds the major share in the overall green buildings segment in the U.S., in terms of area, and the state is expected to achieve zero net energy by 2030.

The U.S. construction industry was impacted in 2020 on account of the COVID-19 pandemic. The country is putting efforts toward reaching stable economic growth through several investments. For instance, the overall construction activities in the U.S. is estimated to have grown by 6.1% in 2023. The major growth was witnessed in the manufacturing segment for nearly 37.0%, followed by commercial and residential with over 22.0% and 13.0%, respectively.

Increasing construction of high-rise buildings is another key driving factor for the structural steel market. The product possesses a high strength-to-weight ratio, allowing it to bear heavy loads and resist compression, tension, and bending forces, making it an ideal material ideal for supporting the weight of tall buildings and transferring the load to the foundation. There are 97 under-construction tall buildings in the world, of which 1 is above 600m, 25 are above 400m, and the remaining above 300m. The majority of these buildings are in Asia.

The market however faces restrictions from the supply aspect. Steel commodities have experienced daily price swings in most countries along with fluctuations in the prices of raw materials such as iron, coal, and scrap. Any disruption in demand supply leads to extreme volatility in the prices. Production costs also influence prices and storage capacity, which directly impact the costs of structural steel.

Market Concentration & Characteristics

The structural steel market is fragmented and is characterized by the presence of numerous players located across regions. Key players cater to the export markets as well, while mid- to small-scale players cater mainly to domestic demand.

Structural Steel Market Concentration & Characteristics

The market is characterized by a moderate degree of innovation to optimize the production process and produce aesthetic products. Manufacturers have been focusing on developing and innovating new products by improving their production process in order to cater to the voluminous building & construction segment.

The market observed a low level of merger and acquisition (M&A) activity owing to challenges such as liquidity and cash flow. Also, various players await for a full swing of revival of construction activity to expand their geographic reach through strategic moves such as M&As.

The market is also subject to moderate levels of regulatory scrutiny. Various regulatory authorities across the world provide standards and guidelines for proper safety measures and waste disposal mechanisms. End user concentration is a significant factor in the market, and in order to minimize logistics cost, manufacturers are located in close vicinity to cities where construction activity is an ongoing process.

Product Insights

Based on product, angles (L shape) accounted for the highest revenue share of over 30.0% in 2023. Steel Angles are available both as "equal angles" where both legs are of the same size, and "unequal angles", that have legs of different sizes. Infrastructural spending in key developing countries such as India and Indonesia are anticipated to cater to growth in this segment.

Application Insights

Based on application, the non-residential held the largest revenue share of 52.0% in 2023, of the global market. It is estimated to expand further at the fastest CAGR over the forecast period owing to the increasing spending on manufacturing plants, airports, commercial centers, healthcare facilities, and malls. The segment is further divided into industrial, commercial, offices, and institutional.

The others sub-segment(including industrial & infrastructure) accounts for the maximum share, which consists of the non-residential segment. Structural steel is majorly used in industrial buildings due to its extreme strength, which is beneficial not only for structural integrity but also for subsiding the potential impact of repairs. It is also ideal for building large bridges owing to its high durability and excellent strength-to-weight ratio, which ensures withstanding the weight of cars and pedestrians.

The residential application segment accounted for the second-highest revenue share in 2023. The product is widely utilized in housing and residential buildings. Its exceptional flexibility and adaptability make it suitable for modular construction, allowing for easy disassembly and relocation while maintaining the building's asset value. This versatile material can be employed in various residential building types, ranging from single-family houses to large mixed-use structures. Moreover, it also provides environmental benefits as it is 100% recyclable with no degradation.

Regional Insights

Asia Pacific held the largest revenue share of about 69.0% of the global market in 2023 and is anticipated to maintain its dominance at the fastest CAGR in the forecast period. Increased investments in the housing and commercial sectors of the developing economies, such as China and India, are anticipated to prove fruitful for market growth.

Furthermore, Southeast Asia is one of the emerging regions in the global market. There is a need for huge investments to reduce the infrastructure gap in this region. From 2000, Japan has financed projects worth USD 230 billion, while China invested around USD 155 billion for the improvement of infrastructure in the Southeast Asian region. Such investments are expected to augment the product demand over the coming years.

Global structural steel market share and size, 2023

North America is anticipated to register a CAGR of 4.7%, in terms of revenue, over the forecast period. The region suffered a heavy economic loss, especially in the U.S. and Mexico, due to the COVID-19 pandemic. The aging of infrastructure is expected to remain a key factor for rising product demand in the region.

Structural Steel Market Trends, by Region, 2024 - 2030

Middle East & Africa is expected to grow at a considerable CAGR over the forecast period. The region is anticipated to witness a plethora of projects in the coming years, which is expected to augment market growth. Some of the projects include Abrahamic Family House, Abu Dhabi; URB: The Loop, Dubai; Baynouna Solar Park, Jordan; Mega Urban Housing Project, South Africa; Wind Power Project, Egypt; and Bridge on Lake Victoria, Tanzania.

Key Companies & Market Share Insights

The market is fragmented with the presence of various small- and large-scale companies operating in different parts of the world. Companies focus on acquisitions and capacity expansions to broaden their presence worldwide.

Some of the key players operating in the market include ArcelorMittal, Gerdau S.A., and Baosteel Group.

  • ArcelorMittal has several business segments, namely - NAFTA, Brazil, Europe, ACIS, and mining. The NAFTA segment produces flat products such as slab, hot rolled coil, cold-rolled coil, coated steel, and plate. The products are sold to industries such as automotive, energy, construction, packaging, and appliances. The Brazil segment produces flat products and long products. Flat products include slabs, hot-rolled coils, cold-rolled coils, and coated steel, while long products include wire rods, sections, bars & rebar, billets, blooms, and wire drawing. The Europe segment produces hotrolled coils, cold-rolled coils, coated products, tinplate, plates, and slabs. The ACIS segment produces flat, long, and tubular products.

  • Gerdau S.A. specializes in manufacturing billets, blooms, slabs, wire rods, rebar, heavy slabs, hot- and cold-rolled coils, and seamless tubes. The company offers its products to various end-use industries such as metallurgy, farming & livestock, construction, automotive, petrochemical, railway, and marine industries.

  • Baosteel Group manufactures various iron and steel products. It operates under major product categories including stainless steel, carbon steel, and special steel. It has a presence in 40 countries across Asia Pacific, North & South America, Africa, and Europe.

HBIS Group and Anyang Iron & Steel Group Co., Ltd. are some of the emerging market participants.

  • HBIS Group specializes in manufacturing bars, wires, profiles, hot-rolled strips, hot- & cold-rolled plates, galvanized plates, pipes, vanadium-nitrogen alloys, and twisted ribbed steel bars. The company also manufactures coke, industrial gas, and chemical products. It offers its products for various applications such as automotive, nuclear power, marine engineering, bridges, construction, and home appliances.

  • Anyang Iron & Steel Group Co., Ltd. operations include coking, sintering, smelting, rolling, and scientific research & development; it exports its products to Germany, the UK, Japan, South Korea, and South Africa. It also specializes in manufacturing high-speed wire rods, structural steel, galvanized steel, cold-rolled steel, heavy section, color coated steel, seamless pipes, pipe fittings, and hot-rolled steel products.

Key Structural Steel Companies:

  • Arcelor Mittal S.A.
  • Baogang Group
  • Evraz plc
  • Gerdau S.A
  • Nippon Steel Corporation
  • JSW Steel Limited
  • Tata Steel Limited
  • SAIL

Recent Developments

  • In August 2023, Hybar LLC, a metal scrap recycling company commenced the construction of its steel rebar mill project in Arkansas, U.S. Machinery is being supplied by SMS group GmbH, and will utilize steel scrap as feedstock.

  • In March 2023, JSPL announced its plans to produce the first-ever fire-resistant steel structures in India at its facility located in Raigarh, Chhattisgarh, India.

Structural Steel Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 117.12 billion

Revenue forecast in 2030

USD 174.51 billion

Growth Rate

CAGR of 4.5% from 2023 to 2030

Market size volume in 2023

129,348.2 kilotons

Volume forecast in 2030

193,616.8 kilotons

Growth Rate

CAGR of 5.5 % from 2023 to 2030

Historical data

2018 - 2022

Forecast period

2024 - 2030

Quantitative Units

Volume in Kilotons, Revenue in USD million, and CAGR from 2024 to 2030

Report coverage

Volume forecast, revenue forecast, competitive landscape, growth factors, and trends

Segments covered

Product, application and region

Regional scope

North America, Europe, Asia Pacific, Central & South Africa, Middle East & Africa

Country scope

U.S., Canada, Mexico, Germany, U.K., France, Spain, Russia, Turkey, Poland, China, Japan, Taiwan, India, Hong Kong, Thailand, Malaysia, Singapore, Vietnam, Philippines, Australia, New Zealand, Indonesia, Brazil, Chile, Colombia, UAE, Saudi Arabia, Iran, South Africa

Key companies profiled

Arcelor Mittal S.A., Baogang Group, Evraz plc, Gerdau S.A, Nippon Steel Corporation, JSW Steel Limited, Tata Steel Limited, SAIL, Wuhan Iron & Steel (Group) Corp, Hebei Steel Group, Baosteel Group Corporation, Bohai Steel Group Co. Ltd., andAnshan Iron & Steel Group Co., Ltd. among others

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Structural Steel Market Report Segmentation

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global structural steel market report on the basis of product, application and region.

Global Structural Steel Market Report Segmentation

  • Product Outlook (Volume, Kil0tons; Revenue, USD Million; 2018 - 2030)

    • Angles

    • Channels

    • Rounds

    • Squares

    • Beams

  • Application Outlook (Volume, Kil0tons; Revenue, USD Million; 2018 - 2030)

    • Residential

    • Non-residential

      • Institutional

      • Commercial

      • Offices

      • Others

  • Regional Outlook (Volume, Kil0tons; Revenue, USD Million; 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Spain

      • Russia

      • Turkey

      • Poland

    • Asia Pacific

      • China

      • Japan

      • Taiwan

      • Hong Kong

      • Thailand

      • Malaysia

      • Singapore

      • Indonesia

      • Vietnam

      • Philippines

      • India

      • Australia

      • New Zealand

    • Central & South America

      • Brazil

      • Chile

      • Colombia

    • Middle East & Africa

      • UAE

      • Saudi Arabia

      • Iran

      • South Africa

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Structural Steel Market: Methodology and Scope
                   1.1. Market Segmentation & Scope
                   1.2. Market Definition
                   1.3. Information Procurement
                       1.3.1. Information Analysis
                       1.3.2. Market Formulation & Data Visualization
                       1.3.3. Data Validation & Publishing
                   1.4. Research Scope and Assumptions
                       1.4.1. List of Data Sources
Chapter 2. Structural Steel Market: Executive Summary
                   2.1. Market Snapshot
                   2.2. Segmental Outlook
                   2.3. Competitive Outlook
Chapter 3. Structural Steel Market: Variables, Trends, and Scope
                   3.1. Market Lineage Outlook
                       3.1.1. Global Steel Market Outlook
                   3.2. Value Chain Analysis
                       3.2.1. Raw Material Trends
                   3.3. Manufacturing Overview
                   3.4. Regulatory Framework
                   3.5. Market Dynamics
                       3.5.1. Market Driver Analysis
                       3.5.2. Market Restraint Analysis
                       3.5.3. Market Opportunity Analysis
                       3.5.4. Market Challenges
                   3.6. Porter’s Five Forces Analysis
                       3.6.1. Bargaining Power of Suppliers
                       3.6.2. Bargaining Power of Buyers
                       3.6.3. Threat of Substitution
                       3.6.4. Threat of New Entrants
                       3.6.5. Competitive Rivalry
                   3.7. PESTLE Analysis
                       3.7.1. Political
                       3.7.2. Economic
                       3.7.3. Social Landscape
                       3.7.4. Technology
                       3.7.5. Environmental
                       3.7.6. Legal
Chapter 4. Structural Steel Market: Product Estimates & Trend Analysis
                   4.1. Structural Steel Market: Product Movement Analysis, 2023 & 2030
                   4.2. Angles
                       4.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   4.3. Channels
                       4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   4.4. Rounds
                       4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   4.5. Squares
                       4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   4.6. Beams
                       4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Structural Steel Market: Application Estimates & Trend Analysis
                   5.1. Structural Steel Market: Application Movement Analysis, 2023 & 2030
                   5.2. Residential
                       5.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                   5.3. Non-Residential
                       5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       5.3.2. Market estimates and forecasts, by non-residential applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6. Structural Steel Market: Regional Estimates & Trend Analysis
                   6.1. Regional Analysis, 2023 & 2030
                   6.2. North America
                       6.2.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.4. U.S.
                           6.2.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.5. Canada
                           6.2.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.2.6. Mexico
                           6.2.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.2.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.3. Europe
                       6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.1.1. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.2. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.3. Germany
                           6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.3.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.4. UK
                           6.3.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.5. Russia
                           6.3.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.6. Turkey
                           6.3.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.7. France
                           6.3.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.7.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.8. Spain
                           6.3.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.8.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.8.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.3.9. Poland
                           6.3.9.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.9.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.3.9.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.4. Asia Pacific
                       6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.1.1. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.2. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.3. China
                           6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.3.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.4. Taiwan
                           6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.5. Japan
                           6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.6. Thailand
                           6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.7. Malaysia
                           6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.7.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.7.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.8. Singapore
                           6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.8.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.8.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.9. Hong Kong
                           6.4.9.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.9.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.9.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.10. Vietnam
                           6.4.10.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.10.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.10.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.11. Philippines
                           6.4.11.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.11.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.11.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.12. India
                           6.4.12.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.12.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.12.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.13. Australia
                           6.4.13.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.13.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.13.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.14. New Zealand
                           6.4.14.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.14.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.14.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.4.15. Indonesia
                           6.4.15.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.15.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.4.15.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.5. Central & South America
                       6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.1.1. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.2. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.3. Brazil
                           6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.3.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.4. Colombia
                           6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.5.5. Chile
                           6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.5.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                   6.6. Middle East & Africa
                       6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.1.1. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.2. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.3. Saudi Arabia
                           6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.3.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.3.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.4. UAE
                           6.6.4.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.4.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.4.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.5. Iran
                           6.6.5.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.5.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.5.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
                       6.6.6. South Africa
                           6.6.6.1. Market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.6.2. Market estimates and forecasts, by product, 2018 - 2030 (Kilotons) (USD Million)
                           6.6.6.3. Market estimates and forecasts, by application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7. Competitive Landscape
                   7.1. Global Recent Developments, By Key Market Participants
                   7.2. Company Ranking Analysis, 2023
                   7.3. Heat Map Analysis
                   7.4. Vendor Landscape
                       7.4.1. List of Raw Material Suppliers
                       7.4.2. List of Distributors
                       7.4.3. List of Other Prominent Manufacturers
                       7.4.4. List of Structural Steel Fabricators
                       7.4.5. List of Prospective End-Users
                   7.5. Strategy Mapping
                   7.6. Company Profiles/Listing
                       7.6.1. Anshan Iron & Steel Group Co., Ltd.
                           7.6.1.1. Company Overview
                           7.6.1.2. Financial Performance
                           7.6.1.3. Product Benchmarking
                       7.6.2. Anyang Iron & Steel Group Co., Ltd.
                           7.6.2.1. Company Overview
                           7.6.2.2. Financial Performance
                           7.6.2.3. Product Benchmarking
                       7.6.3. ArcelorMittal
                           7.6.3.1. Company Overview
                           7.6.3.2. Financial Performance
                           7.6.3.3. Product Benchmarking
                       7.6.4. Baogang Group
                           7.6.4.1 Company Overview
                           7.6.4.2. Financial Performance
                           7.6.4.3. Product Benchmarking
                       7.6.5. Benxi Steel Group
                           7.6.5.1. Company Overview
                           7.6.5.2. Financial Performance
                           7.6.5.3. Product Benchmarking
                       7.6.6. Baosteel Group
                           7.6.6.1. Company Overview
                           7.6.6.2. Financial Performance
                           7.6.6.3. Product Benchmarking
                       7.6.7. Evraz plc
                           7.6.7.1. Company Overview
                           7.6.7.2. Financial Performance
                           7.6.7.3. Product Benchmarking
                       7.6.8. Gerdau S.A.
                           7.6.8.1. Company Overview
                           7.6.8.2. Financial Performance
                           7.6.8.3. Product Benchmarking
                       7.6.9. HBIS Group
                           7.6.9.1. Company Overview
                           7.6.9.2. Financial Performance
                           7.6.9.3. Product Benchmarking
                       7.6.10. Hyundai Steel
                           7.6.10.1. Company Overview
                           7.6.10.2. Financial Performance
                           7.6.10.3. Product Benchmarking
                       7.6.11. JSW Steel
                           7.6.11.1. Company Overview
                           7.6.11.2. Financial Performance
                           7.6.11.3. Product Benchmarking
                       7.6.12. Nippon Steel Corporation
                           7.6.12.1. Company Overview
                           7.6.12.2. Financial Performance
                           7.6.12.3. Product Benchmarking
                       7.6.13. Tata Steel
                           7.6.13.1. Company Overview
                           7.6.13.2. Financial Performance
                           7.6.13.3. Product Benchmarking
                       7.6.14. Hunan Valin Iron & Steel Group Co., Ltd.
                           7.6.14.1. Company Overview
                           7.6.14.2. Financial Performance
                           7.6.14.3. Product Benchmarking
                       7.6.15. Wuhan Iron and Steel Corp.
                           7.6.15.1. Company Overview
                           7.6.15.2. Financial Performance
                           7.6.15.3. Product Benchmarking
                       7.6.16. Steel Authority of India Limited
                           7.6.16.1. Company Overview
                           7.6.16.2. Financial Performance
                           7.6.16.3. Product Benchmarking


List of Tables

TABLE 1 Structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 2 Structural steel market estimates & forecasts, by angles, 2018 - 2030 (Kilotons) (USD Million)
TABLE 3 Structural steel market estimates & forecasts, by channels, 2018 - 2030 (Kilotons) (USD Million)
TABLE 4 Structural steel market estimates & forecasts, by rounds, 2018 - 2030 (Kilotons) (USD Million)
TABLE 5 Structural steel market estimates & forecasts, by squares, 2018 - 2030 (Kilotons) (USD Million)
TABLE 6 Structural steel market estimates & forecasts, by beams, 2018 - 2030 (Kilotons) (USD Million)
TABLE 7 Structural steel market estimates & forecasts, by residential, 2018 - 2030 (Kilotons) (USD Million)
TABLE 8 Structural steel market estimates & forecasts, by non-residential, 2018 - 2030 (Kilotons) (USD Million)
TABLE 9 Structural steel market estimates & forecasts, by institutional, 2018 - 2030 (Kilotons) (USD Million)
TABLE 10 Structural steel market estimates & forecasts, by commercial, 2018 - 2030 (Kilotons) (USD Million)
TABLE 11 Structural steel market estimates & forecasts, by offices, 2018 - 2030 (Kilotons) (USD Million)
TABLE 12 Structural steel market estimates & forecasts, by other non-residential segments, 2018 - 2030 (Kilotons) (USD Million)
TABLE 13 North America structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 14 North America structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 15 North America structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 16 North America structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 17 North America structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 18 North America structural steel market estimates & forecasts by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 19 North America structural steel market estimates & forecasts by non-residential segments, 2018-2030, (USD Million)
TABLE 20 U.S. structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 21 U.S. structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 22 U.S. structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 23 U.S. structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 24 U.S. structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 25 U.S. structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 26 U.S. structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 27 Canada structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 28 Canada structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 29 Canada structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 30 Canada structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 31 Canada structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 32 Canada structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 33 Canada structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 34 Mexico structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 35 Mexico structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 36 Mexico structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 37 Mexico structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 38 Mexico structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 39 Mexico structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 40 Mexico structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 41 Europe structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 42 Europe structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 43 Europe structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 44 Europe structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 45 Europe structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 46 Europe structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 47 Europe structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 48 Germany structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 49 Germany structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 50 Germany structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 51 Germany structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 52 Germany structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 53 Germany structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 54 Germany structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 55 UK structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 56 UK structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 57 UK structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 58 UK structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 59 UK structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 60 UK structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 61 UK structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 62 France structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 63 France structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 64 France structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 65 France structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 66 France structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 67 France structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 68 France structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 69 Spain structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 70 Spain structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 71 Spain structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 72 Spain structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 73 Spain structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 74 Spain structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 75 Spain structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 76 Russia structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 77 Russia structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 78 Russia structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 79 Russia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 80 Russia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 81 Russia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 82 Russia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 83 Turkey structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 84 Turkey structural steel market estimates & forecasts, by grade, 2018 - 2030 (Kilotons)
TABLE 85 Turkey structural steel market estimates & forecasts, by grade, 2018-2030, (USD Million)
TABLE 86 Turkey structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 87 Turkey structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 88 Turkey structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 89 Turkey structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 90 Poland structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 91 Poland structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 92 Poland structural steel market revenue, by product, 2018-2030, (USD Million)
TABLE 93 Poland structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 94 Poland structural steel market revenue, by application, 2018-2030, (USD Million)
TABLE 95 Poland structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 96 Poland structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 97 Asia Pacific structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 98 Asia Pacific structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 99 Asia Pacific structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 100 Asia Pacific structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 101 Asia Pacific structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 102 Asia Pacific structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 103 Asia Pacific structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 104 China structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 105 China structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 106 China structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 107 China structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 108 China structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 109 China structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 110 China structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 111 Taiwan structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 112 Taiwan structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 113 Taiwan structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 114 Taiwan structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 115 Taiwan structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 116 Taiwan structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 117 Taiwan structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 118 Japan structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 119 Japan structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 120 Japan structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 121 Japan structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 122 Japan structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 123 Japan structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 124 Japan structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 125 Hong Kong structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 126 Hong Kong structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 127 Hong Kong structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 128 Hong Kong structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 129 Hong Kong structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 130 Hong Kong structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 131 Hong Kong structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 132 Thailand structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 133 Thailand structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 134 Thailand structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 135 Thailand structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 136 Thailand structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 137 Thailand structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 138 Thailand structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 139 Malaysia structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 140 Malaysia structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 141 Malaysia structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 142 Malaysia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 143 Malaysia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 144 Malaysia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 145 Malaysia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 146 Singapore structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 147 Singapore structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 148 Singapore structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 149 Singapore structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 150 Singapore structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 151 Singapore structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 152 Singapore structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 153 Vietnam structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 154 Vietnam structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 155 Vietnam structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 156 Vietnam structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 157 Vietnam structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 158 Vietnam structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 159 Vietnam structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 160 Philippines structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 161 Philippines structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 162 Philippines structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 163 Philippines structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 164 Philippines structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 165 Philippines structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 166 Philippines structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 167 India structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 168 India structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 169 India structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 170 India structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 171 India structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 172 India structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 173 India structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 174 Australia structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 175 Australia structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 176 Australia structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 177 Australia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 178 Australia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 179 Australia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 180 Australia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 181 New Zealand structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 182 New Zealand structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 183 New Zealand structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 184 New Zealand structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 185 New Zealand structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 186 New Zealand structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 187 New Zealand structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 188 Indonesia structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 189 Indonesia structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 190 Indonesia structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 191 Indonesia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 192 Indonesia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 193 Indonesia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 194 Indonesia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 195 Central & South America structural steel market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
TABLE 196 Central & South America structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 197 Central & South America structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 198 Central & South America structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 199 Central & South America structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 200 Central & South America structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 201 Central & South America structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 202 Brazil structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 203 Brazil structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 204 Brazil structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 205 Brazil structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 206 Brazil structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 207 Brazil structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 208 Brazil structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 209 Chile structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 210 Chile structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 211 Chile structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 212 Chile structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 213 Chile structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 214 Chile structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 215 Chile structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 216 Colombia structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 217 Colombia structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 218 Colombia structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 219 Colombia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 220 Colombia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 221 Colombia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 222 Colombia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 223 Middle East & Africa structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 224 Middle East & Africa structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 225 Middle East & Africa structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 226 Middle East & Africa structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 227 Middle East & Africa structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 228 Middle East & Africa structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 229 Middle East & Africa structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 230 Saudi Arabia structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 231 Saudi Arabia structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 232 Saudi Arabia structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 233 Saudi Arabia structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 234 Saudi Arabia structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 235 Saudi Arabia structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 236 Saudi Arabia structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 237 UAE structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 238 UAE structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 239 UAE structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 240 UAE structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 241 UAE structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 242 UAE structural steel market volume market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 243 UAE structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 244 Iran structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 245 Iran structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 246 Iran structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 247 Iran structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 248 Iran structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 249 Iran structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 250 Iran structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)
TABLE 251 South Africa structural steel market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
TABLE 252 South Africa structural steel market estimates & forecasts, by product, 2018 - 2030 (Kilotons)
TABLE 253 South Africa structural steel market estimates & forecasts, by product, 2018-2030, (USD Million)
TABLE 254 South Africa structural steel market estimates & forecasts, by application, 2018 - 2030 (Kilotons)
TABLE 255 South Africa structural steel market estimates & forecasts, by application, 2018-2030, (USD Million)
TABLE 256 South Africa structural steel market estimates & forecasts, by non-residential segments, 2018 - 2030 (Kilotons)
TABLE 257 South Africa structural steel market estimates & forecasts, by non-residential segments, 2018-2030, (USD Million)


List of Figures

FIG. 1 Market segmentation
FIG. 2 Information procurement
FIG. 3 Data Analysis Models
FIG. 4 Market Formulation and Validation
FIG. 5 Market snapshot
FIG. 6 Segmental outlook - Product
FIG. 7 Segmental outlook - Application
FIG. 8 Competitive Outlook
FIG. 9 Structural steel market outlook, 2018 - 2030 (USD Million) (Kilotons)
FIG. 10 Value chain analysis
FIG. 11 Market dynamics
FIG. 12 Porter’s Analysis
FIG. 13 PESTEL Analysis
FIG. 14 Structural steel market, by product: Key takeaways
FIG. 15 Structural steel market, by product: Market share, 2023 & 2030
FIG. 16 Structural steel market, by application: Key takeaways
FIG. 17 Structural steel market, by application: Market share, 2023 & 2030
FIG. 18 Structural steel market: Regional analysis, 2023
FIG. 19 Structural steel market, by region: Key takeaways

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Market Segmentation

  • Structural Steel Product Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
    • Angles
    • Channels
    • Rounds
    • Squares
    • Beams
  • Structural Steel Application Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
    • Residential
    • Non-residential
      • Institutional
      • Commercial
      • Offices
      • Others
    • Structural Steel Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2018 - 2030)
      • North America
        • North America Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • North America Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
        • U.S.
          • U.S. Structural Steel Market, By Product
            • Angles
            • Channels
            • Rounds
            • Squares
            • Beams
          • U.S. Structural Steel Market, By Application
            • Residential
            • Non-residential
              • Institutional
              • Commercial
              • Offices
              • Others
        • Canada
          • Canada Structural Steel Market, By Product
            • Angles
            • Channels
            • Rounds
            • Squares
            • Beams
          • Canada Structural Steel Market, By Application
            • Residential
            • Non-residential
              • Institutional
              • Commercial
              • Offices
              • Others
        • Mexico
          • Mexico Structural Steel Market, By Product
            • Angles
            • Channels
            • Rounds
            • Squares
            • Beams
          • Mexico Structural Steel Market, By Application
            • Residential
            • Non-residential
              • Institutional
              • Commercial
              • Offices
              • Others
    • Europe
      • Europe Structural Steel Market, By Product
        • Angles
        • Channels
        • Rounds
        • Squares
        • Beams
      • Europe Structural Steel Market, By Application
        • Residential
        • Non-residential
          • Institutional
          • Commercial
          • Offices
          • Others
      • Germany
        • Germany Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Germany Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • UK
        • UK Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • UK Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • France
        • France Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • France Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Spain
        • Spain Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Spain Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Russia
        • Russia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Russia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Turkey
        • Turkey Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Turkey Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Poland
        • Poland Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Poland Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
    • Asia Pacific
      • Asia Pacific Structural Steel Market, By Product
        • Angles
        • Channels
        • Rounds
        • Squares
        • Beams
      • Asia Pacific Structural Steel Market, By Application
        • Residential
        • Non-residential
          • Institutional
          • Commercial
          • Offices
          • Others
      • China
        • China Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • China Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Taiwan
        • Taiwan Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Taiwan Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Japan
        • Japan Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Japan Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Hong Kong
        • Hong Kong Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Hong Kong Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Thailand
        • Thailand Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Thailand Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Malaysia
        • Malaysia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Malaysia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Singapore
        • Singapore Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Singapore Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Vietnam
        • Vietnam Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Vietnam Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Philippines
        • Philippines Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Philippines Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • India
        • India Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • India Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Australia
        • Australia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Australia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • New Zealand
        • New Zealand Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • New Zealand Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Indonesia
        • Indonesia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Indonesia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
    • Central & South America
      • Central & South America Structural Steel Market, By Product
        • Angles
        • Channels
        • Rounds
        • Squares
        • Beams
      • Central & South America Structural Steel Market, By Application
        • Residential
        • Non-residential
          • Institutional
          • Commercial
          • Offices
          • Others
      • Brazil
        • Brazil Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Brazil Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Chile
        • Chile Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Chile Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Colombia
        • Colombia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Colombia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
    • Middle East & Africa
      • Middle East & Africa Structural Steel Market, By Product
        • Angles
        • Channels
        • Rounds
        • Squares
        • Beams
      • Middle East & Africa Structural Steel Market, By Application
        • Residential
        • Non-residential
          • Institutional
          • Commercial
          • Offices
          • Others
      • UAE
        • UAE Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • UAE Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Saudi Arabia
        • Saudi Arabia Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Saudi Arabia Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • Iran
        • Iran Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • Iran Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others
      • South Africa
        • South Africa Structural Steel Market, By Product
          • Angles
          • Channels
          • Rounds
          • Squares
          • Beams
        • South Africa Structural Steel Market, By Application
          • Residential
          • Non-residential
            • Institutional
            • Commercial
            • Offices
            • Others

Structural Steel Market Dynamics

Driver: Increasing Construction Spending In Emerging Economies

Construction is one of the largest end-use industries of steel products. As per the World Steel Association, construction accounts for more than 50% of the global demand. Various infrastructure and construction sites require a massive amount of steel to enhance the strength of structures. Growing housing need owing to increasing population is one of the key factors triggering the steel demand.

As per a 2017 World Population Prospects published by the United Nations, the global population is projected to reach 8.6 billion in 2030. This, in turn, is projected to fuel the demand for new houses, thus indirectly contributing to the growth of the structural steel market. Steel is affordable and easily available. It exhibits versatility, durability, and strength and is 100% recyclable in nature. Structural steel has wide applications in residential construction, commercial construction, and infrastructure. It can be used in warehouses, high-rise buildings, industrial buildings, bridges, etc.

Driver: Positive Construction Outlook In Developed Countries

The construction industry in the developed economies of North America and Europe slumped during the economic recession of 2008-09. However, the construction industry in some of the major countries, including the U.S. and Germany, has recovered and is expected to lead the respective regional markets and further the global structural steel market over the forecast period. Increasing residential & non-residential construction development in the U.S. and Europe is anticipated to fuel the demand for structural steel. Multifamily and single-family houses in upscale neighborhoods and metropolitan cities are expected to grow rapidly in the region owing to high-income levels.

An increase in nonresidential construction spending is expected owing to stabilization in the overall U.S. economy. Commercial and office construction is expected to grow highly over the next seven years. Factors such as the increasing number of food & stores and office construction benefiting from a drop in unemployment levels are expected to complement the growth of the construction industry.

Restraint: Volatility In Raw Material Prices

The global structural steel market is expected to be affected by raw material price volatility. Major raw materials consumed for steel production include iron ore, coking coal, and ferrous scrap. Coking coal traded at an average price of around USD 200 per ton in 2018. The year witnessed volatility in iron ore prices due to operational failures. For instance, the dispute between Aurizon, a rail freight operator, and Queensland, a coal regulator, in Australia created an impact on rail deliveries in the second and third quarters of 2018. Fire at a mine in Shandong province, China, and a Peabody mine in Australia also created an impact on the prices of coking coal in 2018. The prices of iron ore observed significant volatility owing to environmental disasters such as the collapsed dam at Vale’s mine in Brazil, trade disputes between the U.S. and China, and the reduction of steel capacity in China.

What Does This Report Include?

This section will provide insights into the contents included in this structural steel market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Structural steel market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Structural steel market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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Research Methodology

A three-pronged approach was followed for deducing the structural steel market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for structural steel market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of structural steel market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Structural Steel Market Categorization:

The structural steel market was categorized into three segments, namely product (Angles, Channels, Rounds, Squares, Beams), application (Residential, Non-residential), and regions (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa).

Segment Market Methodology:

The structural steel market was segmented into product, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The structural steel market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into thirty countries, namely, the U.S., Canada, Mexico, Germany, the UK, France, Spain, Russia, Turkey, Poland, China, Japan, Taiwan, India, Hong Kong, Thailand, Malaysia, Singapore, Vietnam, Philippines, Australia, New Zealand, Indonesia, Brazil, Chile, Colombia, UAE, Saudi Arabia, Iran, South Africa.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Structural steel market companies & financials:

The structural steel market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • Anshan Iron & Steel Group Co., Ltd.: The company was founded in 1949 and is headquartered in Anshun, China. The company operates as a subsidiary of Ansteel Group Corporation Limited. Ansteel produces steel of 16 types, 120 sub-types, 600 grades, and 42,000 specifications of steel products, which find application in infrastructure construction. Anshan Iron & Steel Group Co., Ltd. specializes in manufacturing pig iron and steel including hot-rolled steel sheet & coil, cold-rolled steel sheet & coil, color-coated sheets, cold-rolled silicon steel, heavy rail, pipeline steels, galvanized sheet, and building steel. The company has an annual integrated capacity of 25 million tons of pig iron, raw steel, and rolled steel each. It caters its products to end-use industries such as construction, automotive, marine, transportation, electrical & electronics, home appliances, chemicals, and machinery industries.

  • Anyang Iron & Steel Group Co., Ltd.: The company was founded in 1958 and is headquartered in Henan, China. It is a manufacturer of iron and steel. The company's activities include coking, sintering, smelting, rolling, and scientific research & development, and exports its products to Germany, Great Britain, Japan, South Korea, and South Africa also specializes in manufacturing high-speed wire rod, structural, galvanized, cold-rolled, heavy section, color coated, seamless pipe, pipe fittings, and hot-rolled steel products. The company has an annual capacity of 10,000,000 tons of steel. It produces over 100 types of steel plates, such as plate, coil, hot-rolled coil, and high-speed wire, and over 6,000 specifications of steel products and coking chemical products. The company offers its products to end-use industries such as defense, construction, shipbuilding, petroleum, and natural gas.

  • ArcelorMittal: The company was established in 2006 by the merger of Arcelor and Mittal Steel. The company is headquartered in Luxembourg. Its reportable segments include NAFTA, Brazil, Europe, ACIS, and Mining. The NAFTA segment produces flat products such as slab, hot-rolled coil, cold-rolled coil, coated steel, and plate. The products are sold to industries such as automotive, energy, construction, packaging, and appliances. The crude steel production was 22,559,000 tons in 2018. Brazil's segment produces flat products and long products. Flat products include slab, hot-rolled coil, cold-rolled coil, and coated steel, while long products include wire rods, sections, bar & rebar, billets, blooms, and wire drawings. The crude steel production was 12,264,000 tons in 2018. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The crude steel production was 44,693,000 tons in 2019.

  • Baogang Group: The company was founded in 1954 and is headquartered in Zizhiqu, China. The company is a major steel manufacturer in China and is one of the largest rare earth industrial bases across the globe. It has two listed companies: Inner Mongolia Baotou Steel Union Co., Ltd. and Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co., Ltd. The company specializes in producing cold & hot rolling strips, heavy plates, seamless pipes, heavy rail, large-scale-shaped beams, and bar & wire rods. It owns the National Authoritative Rare Earth Research Institute and exports its products to several countries including the U.S., Germany, the UK, Japan, and France. The company also has branches in 13 provinces and offices in the U.S. and Mongolia. It offers its products to end-use industries such as aerospace, automotive, construction, engineering, appliance, and machinery.

  • Benxi Steel Group: The company was founded in 1905 and is headquartered in Liaoning, China. It operates as a subsidiary of Beitai Iron & Steel Group Co. and specializes in manufacturing long steel products such as bars, rods, structural shapes, hot-rolled coil, and pig iron. The company engages in the mining of iron ore, metal smelting, and coke production. In addition, it offers catering & hotel services, cargo transportation, explosives, and building materials. The company caters to a wide variety of end-use industries including consumer goods, food & beverages, packaging, retail, and construction. As of 2017, it had 80,000 employees. The company exports its products to over 80 countries. It has a subsidiary named Bengang Steel Plates, which is listed on the Shenzhen Stock Exchange.

  • Evraz plc: The company was founded in 1992 and is headquartered in London, UK. It specializes in manufacturing steel products, vanadium products, iron ore mining & enrichment, and coal mining. The company produced 13.0 million tons of crude steel in 2018. It also offers high-speed wire rods, structural, galvanized, cold-rolled, heavy section, color coated, seamless pipe, die & bearing steel, pipe fittings, steel plates, and hot-rolled steel products. The company has operations in countries such as Russia, Ukraine, Kazakhstan, Italy, and the Czech Republic. It has a presence in over 70 countries across five continents. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. As of 2018, the company had 68,379 employees.

  • Gerdau S.A: Geradau SAwas founded in 1901 and is headquartered in Rio de Janeiro, Brazil. It specializes in manufacturing billets, blooms, slabs, wire rods, rebars, heavy slabs, hot- & cold-rolled coils, and seamless tubes. The company offers its products to end-use industries such as metallurgy, farming & livestock, construction, automotive, petrochemical, railway, and marine industries. It also manufactures specialty steel for the automotive industry. The company operates steel mills in Brazil, Argentina, Canada, Chile, India, Spain, Peru, the U.S., Uruguay, and Venezuela. It has industrial operations in 10 countries across North America, Europe, and Asia Pacific, with an overall installed capacity of over 25 million metric tons of steel per year. As of March 2019, the company had 30,000 employees.

  • HBIS Group: The company was founded in 2008 and is headquartered in Shijiazhuang, China. It specializes in manufacturing bars, wires, profiles, hot-rolled strips, hot- & cold-rolled plates, galvanized plates, pipes, vanadium-nitrogen alloys, and twisted ribbed steel bars. The company also manufactures coke, industrial gas, and chemical products. It offers its products for various applications such as automotive, nuclear power, marine engineering, bridges, construction, and home appliances. The company has a presence in 110 countries across five continents. As of 2018, it had 120,000 employees.

  • Hyundai Steel: The company was established in 1953 and is headquartered in Seoul, South Korea. It is the oldest steel manufacturing company in South Korea. The company is engaged in manufacturing stainless steel plates, cold-rolled sheets, aluminum engine blocks, and precision sand casting. It operates mainly through three business segments including the blast furnace business, electric arc furnace business, and special steel business. The company serves various markets such as automotive, shipbuilding, and construction. It has 14 offices in Asia, 4 offices in North America and 5 offices in Europe.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Structural Steel Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Structural Steel Market Report Assumptions:

  • The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

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