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 Pages: 123
  • Format: Electronic (PDF)

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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