Japan Structural Steel Market Size & Outlook, 2025-2030
The structural steel market in Japan is expected to reach a projected revenue of US$ 5,501.6 million by 2030. A compound annual growth rate of 6.3% is expected of Japan structural steel market from 2025 to 2030.
The Japan structural steel market generated a revenue of USD 3,930.4 million in 2024 and is expected to reach USD 5,501.6 million by 2030.
The Japan market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
In terms of segment, non-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.
Structural steel market data book summary
Market revenue in 2024
USD 3,930.4 million
Market revenue in 2030
USD 5,501.6 million
Growth rate
6.3% (CAGR from 2025 to 2030)
Largest segment
Non-residential
Fastest growing segment
Non-residential
Historical data
2018 - 2023
Base year
2024
Forecast period
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, Japan accounted for 3.3% of the global structural steel market in 2024.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China structural steel market is projected to lead the regional market in terms of revenue in 2030.
Taiwan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,140.6 million by 2030.
Construction industry in Japan is expected to witness moderate growth rate over the next seven years owing to increasing government focus on reconstruction activities. The growth of industrial sector owing to subsidies and tax holidays for manufacturers is anticipated to fuel the demand for construction activities in the country.
The government of Japan has announced a subsidy for construction projects, which has promoted regional development and foreign direct investments in the country. This subsidies program is intended for strengthening high value-added business sites in Japan and improving the economic growth of the country.
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.
Non-Residential was the largest segment with a revenue share of 53.06% in 2024.
Horizon Databook has segmented the Japan structural steel market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in Japan is expected to witness moderate growth rate over the next seven years owing to increasing government focus on reconstruction activities. The growth of industrial sector owing to subsidies and tax holidays for manufacturers is anticipated to fuel the demand for construction activities in the country.
The government of Japan has announced a subsidy for construction projects, which has promoted regional development and foreign direct investments in the country. This subsidies program is intended for strengthening high value-added business sites in Japan and improving the economic growth of the country.
Japan Structural Steel Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Non-residential
Japan 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 country-level data and insights on the Japan Structural Steel Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Structural Steel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.