North America Structural Steel Market Size & Outlook
- Metals & Mining
- Metals, Mining & Minerals
- Structural Steel Market Outlook
- Metals, Mining & Minerals
Global Market
Related Markets
Ask a question about the structural steel market
North America structural steel market highlights
- The North America structural steel market generated a revenue of USD 10,548.8 million in 2024.
- The market is expected to grow at a CAGR of 6.1% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 10,548.8 million |
| Market revenue in 2030 | USD 14,424.2 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Non-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, North America region accounted for 8.8% 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 of North America is one of the leading sectors globally and contributes heavily to the global GDP. Construction industry in North America has witnessed recovery from the economic recession of 2009 & 2010, leading to an uptick in housing starts and boosting residential & nonresidential construction spending.
North America construction industry saw positive growth in 2018, mainly due to wage growth and low borrowing costs for additional housing. This was supported by the flow of investment in major cities. Aging of infrastructure is expected to remain a key factor for the growth of the structural steel market over the forecast period.
As per the report of the American Society of Civil Engineers in 2017, the U.S. received D+ grade for its infrastructure and needs to spend around USD 4.5 trillion by 2025 on developing its infrastructure. The country also requires spending of around USD 123 billion for the fixation of bridges.
No credit card required*
Publish Date: Oct 16, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Structural Steel Market Scope
Structural Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| ArcelorMittal SA Depository Receipt | View profile | 126,756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | www.arcelormittal.com |
| Nippon Steel Corp | View profile | 121,990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | www.nipponsteel.com |
| Steel Authority Of India Ltd DR | View profile | 59,186 | Lodi Road, Ispat Bhawan, New Delhi, India, 110003 | www.sail.co.in |
| Gerdau SA ADR | View profile | 27,371 | Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, Brazil, 05425-070 | www.gerdau.com |
North America Structural Steel Market Outlook
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 57.25% in 2024.
Horizon Databook has segmented the North America structural steel market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
Construction sector of North America is one of the leading sectors globally and contributes heavily to the global GDP. Construction industry in North America has witnessed recovery from the economic recession of 2009 & 2010, leading to an uptick in housing starts and boosting residential & nonresidential construction spending.
North America construction industry saw positive growth in 2018, mainly due to wage growth and low borrowing costs for additional housing. This was supported by the flow of investment in major cities. Aging of infrastructure is expected to remain a key factor for the growth of the structural steel market over the forecast period.
As per the report of the American Society of Civil Engineers in 2017, the U.S. received D+ grade for its infrastructure and needs to spend around USD 4.5 trillion by 2025 on developing its infrastructure. The country also requires spending of around USD 123 billion for the fixation of bridges.
- North America Structural Steel Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Non-residential
- North America Structural Steel Market Product Outlook (Revenue, USD Million , 2018-2030)
- Angles
- Channels
- Rounds
- Beam
- Squares
Reasons to subscribe to Structural Steel Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Structural Steel Market Outlook databook
- Our clientele includes a mix of Structural Steel Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America Structural Steel Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Structural Steel Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Structural Steel Market, 2018-2030 (US$M)
North America structural steel market statistics, by application, 2018-2030 (US$M)
