Structural Steel Market 2018 | Driving Factors, Industry Analysis, Investment Feasibility And Trends, Outlook -2023

The global Structural Steel Market has been split into non-residential and residential sections. In 2015, the non-residential appear as the leading application section, due to rising demand for superior-quality construction material in commercial, industrial, institutional buildings and offices. It is most frequently utilized in industrial building as its massive strength is advantageous not just for structural reliability but also for settling possible affect of repairs. It is also superlative for building huge bridges due to its elevated level of durability and brilliant strength-to weight allowance which make sure resisting the weight of pedestrians and cars. Developing countries of Asia Pacific such as China and Hong Kong have experienced rapid expansion rate in non-residential section during the last few years due to the implementation of dedicated novel construction methods like reclamation and design-and-build methods. An extensive application range in residential buildings varying from a mixed-space building to a single family house is directing towards amplified market demand. The rising significance of green products in different infrastructures has also fueled the growth of the structural steel as it is completely recyclable without any degradation. Commercial buildings industry is experiencing augmented number of big box, grocery, and drugstore stores during the last few years due to strong online sales along with excessive discounts. Rising investment in community infrastructure and enhancement in investors as well as consumers’ confidence are expected to boost the growth of the global market further in approaching years.

Structural Steel Market – Competitive Insights:

Major industry participants are Nippon Steel & Sumitomo Metal Corporation, Arcelor Mittal S.A., Hebei Group, POSCO, Baosteel Group Co., Wuhan Group, Hyundai Steel Co. Ltd. (HSC Ltd.), Bohai Group, Anshan Iron & Steel Group Corporation, Baogang Group, Anyang Group Co. Ltd., and Tata Limited among others. Other major companies in the global market are also implementing several strategic initiatives involving mergers & acquisition to achieve a superior competitive edge and intensify their geographic range.

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Regional Outlook and Trend Analysis

Northern Asia rules the global market due to rapid industrial development, technological advancements, increasing construction expenditure, and high GDP growth rates. China is anticipated to appear as the leading country in this region owing to population expansion combined with elevated GDP expansion. Rising number of public-private partnership (PPP) projects are expected to compliment the market demand further. Favorable government regulations involving Make-in-India combined with major augment in foreign direct investments are expected to remain the major market growth driving factor for the South Asian countries. The optimistic developments in the financial conditions of region are expected to promote developments in the housing & residential segment during the forecast years. North American market is anticipated to grow at a compound annual growth rate of 3.4% during the forecast years.

Structural Steel Market – By Region:

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America 
(U.S, Canada, Mexico)
(Germany, France, UK, Italy, Spain, Rest of Europe)
(Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World 
(Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

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Structural Steel Market – Table of Contents:

Table of Contents
1. Introduction
2. Executive Summary
3. Market Overview
4. Structural Steel Market, By Application
4.1. Introduction
4.2. Global Structural Steel Sales, Revenue and Market Share by Application (2014-2017)
4.2.1. Global Structural Steel Sales and Sales Share by Application (2014-2017)
4.2.2. Global Structural Steel Revenue and Revenue Share by Application (2014-2017)
4.3. Structural Steel Market Assessment and Forecast, By Application, 2014-2023
4.4. Non-residential
4.4.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
4.4.2. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4.3. Industrial Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4.4. Commercial Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4.5. Offices Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4.6. Institutional Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. Residential
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Structural Steel Market, By Region
6. Company Profiles
7. Global Structural Steel Market Competition, by Manufacturer
7.1. Global Structural Steel Sales and Market Share by Manufacturer (2016-2017)
7.2. Global Structural Steel Revenue and Market Share by Manufacturer (2016-2017)
7.3. Top 5 Structural Steel Manufacturer Market Share
7.4. Market Competition Trend

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Reason to Buy:

1) An extensive research study on the Global Structural Steel Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Structural Steel Market.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.


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