Europe Structural Steel Market Size & Outlook, 2025-2030
The structural steel market in Europe is expected to reach a projected revenue of US$ 23,823.5 million by 2030. A compound annual growth rate of 5.6% is expected of Europe structural steel market from 2025 to 2030.
The Europe structural steel market generated a revenue of USD 17,760.7 million in 2024.
The market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
In terms of segment, residential was the largest revenue generating application in 2024.
Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.
Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
Market revenue in 2024
USD 17,760.7 million
Market revenue in 2030
USD 23,823.5 million
Growth rate
5.6% (CAGR from 2025 to 2030)
Largest segment
Residential
Fastest growing segment
Non-residential
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Residential, Non-residential
Key market players worldwide
ArcelorMittal SA Depository Receipt, Gerdau SA ADR, Nippon Steel Corp, Tata Steel Ltd GDR - 144A, Steel Authority Of India Ltd DR
Other key industry trends
In terms of revenue, Europe region accounted for 14.8% of the global structural steel market in 2024.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 125,081.7 million by 2030.
Construction sector is the prominent consumer of structural steel and any fluctuations in the construction sector creates impact demand of structural steel products.
As per the European Construction Industry Federation 2017 report, there are around 3 million construction businesses in the region, of which, 95% are small and medium-scale enterprises. European construction sector accounts for 29.3% of the total industrial employment,
As of 2019, the European construction industry accounted for more than USD 1,500 billion. Tightened financial conditions, high economic uncertainty, and unsolved trade tensions have moderately slowed down the growth of European countries.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Structural Steel Market Outlook will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 54.34% in 2024.
Horizon Databook has segmented the Europe structural steel market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Construction sector is the prominent consumer of structural steel and any fluctuations in the construction sector creates impact demand of structural steel products.
As per the European Construction Industry Federation 2017 report, there are around 3 million construction businesses in the region, of which, 95% are small and medium-scale enterprises. European construction sector accounts for 29.3% of the total industrial employment,
As of 2019, the European construction industry accounted for more than USD 1,500 billion. Tightened financial conditions, high economic uncertainty, and unsolved trade tensions have moderately slowed down the growth of European countries.
Europe Structural Steel Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Non-residential
Europe Structural Steel Market Product Outlook (Revenue, USD Million , 2018-2030)
Angles
Channels
Rounds
Beam
Squares
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Structural Steel Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Structural Steel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.