Global Structural Steel Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction
Structural Steel Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to busy lifestyles with rising working-class population and growing construction across globe need for the convenience & public infrastructure owing to rapidly growing population. Steel for structural applications comes up with several advantages like uniformity, elasticity, ductility, light weight, ease of fabrication. Usually structural steel is applied for high-rise buildings, towers, heavy duty plants, Sports stadium and complexes, buildings, multi – story building.
The demand for the Structural steel got increased due to rapid urbanization and other factors like infrastructural development for sports events like FIFA world cup, IPL and growing construction on high-rise buildings
Geographical Overview
At a global level, Asia Pacific is the largest Market for Structural Steel Market and its market share was xx% in 2019. Housing Construction activities is the key driven factor that increases the demand for this market. For instance, in 2018-19, in the Union Budget of India, the government increased infrastructure expenditure from USD 75.9 billion to USD 89.2 billion.  Because of the trade war between U.S & China, it affects the powerful structural steel market. the U.S. government imposed 10.0% tariff on USD 200 billion worth of Chinese goods including steel and aluminum. North and West European regions have more old residential buildings compared to other regions. According to the same report, there is a requirement of USD XX trillion for renovation activities in Europe.
Segmental Overview
Structural Steel Market is segmented as per below specifications -
By Application:
• Non – Residential
o Industrial
o Commercial
o Offices
o Institutional
• Residential
Competitor Analysis
Structural Steel Market has presence of some of the key major players across globe which includes
• SHYAM STEEL INDUSTRIES LIMITED
• Tata Steel
• Nippon Steel & Sumitomo Metal Corporation.
• POSCO, VISA Steel
• ArcelorMittal S.A.
• Shagang Group Co., Ltd.
• Anyang Iron & Steel Group Co.
• Evraz Group
• Steel Authority of India Limited
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Structural Steel Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations