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The Global Structural Steel Market is expected to reach $171.61 billion by 2028 growing at a CAGR of 7.4% from 2021 to 2028. The structural steel is a type of steel which is particular used for building construction. They come in variety of shapes and size depending upon their applications. The properties of structural steel such as durability, high tensile strength, easy fabrication makes them suitable for a wide range of application. Owing to this, they are widely used in both residential and non-residential constructional projects. Factors such as increasing construction spending globally, increasing infrastructural development activities in developed and developing economies, growing residential & non-residential construction activities, and rising demand of steel products as construction materials are driving the growth of the market. However, a fluctuation in raw material prices is restraining the growth of the market. Based on application, the residential segment is estimated to have a lucrative growth, due to growing construction of public facilities and new houses under urban development programs and increasing erect model of development to rebuild old residential apartments lying in a decrepit condition will drive product demand. Structural systems including beams and columns are utilized in residential buildings. It is used from building a single-family house to a big mixed-space building. Excellent flexibility & adaptability in modular construction, it can be dismantled, moved easily, and maintain the asset value of the building. The key vendors mentioned are Tata Steel Limited, Baogang Group, POSCO, Baosteel Group Corporation, JSW Steel Limited, Arcelor Mittal S.A., Hebei Steel Group, Gerdau S.A, VISA Steel, Novolipetsk Steel, Shagang Group Co., Ltd., Hesteel Group Company Limited, Hyundai Steel Co., Ltd. (HSC), Bohai Steel Group Co. Ltd, Nippon Steel & Sumitomo Metal Corporation (NSSMC), Benxi Beiying Iron & Steel Group Co. Ltd., Anyang Iron & Steel Group Co. Ltd, and Steel Authority of India Limited. Steel Types Covered: • Heat Treated Alloy Steel • High Strength, Low Alloy Steel (HSLA) • Heat Treated Carbon Steel • Carbon-Manganese Steel • Forged Steel • Carbon Steels • Quenched and Tempered Alloy Steels • Corrosion Resistant • Heat-Resistant Steel • Alloy Structural Steel Products Covered: • Heavy structural Steel • Rebar • Light Structural Steel • Metal Foaming • Metal Welding • Machining Services Covered: • Connection Design • Fabrication Grades Covered: • Low Carbon • High Carbon • Medium Carbon Applications Covered: • Freight cars • Large Facades • Curvilinear Roofs • Walls • Industrial • Crane Booms • Transmission towers • Residential • Station & Hangers • Non Residential • Infrastructure • Bridges • Truck frames End Users Covered: • Transportation • Construction • Machinery • Ship Building • Energy • Mining • Marine Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2020 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Structural Steel Market, By Steel Type
5.1 Introduction
5.2 Heat Treated Alloy Steel
5.3 High Strength, Low Alloy Steel (HSLA)
5.4 Heat Treated Carbon Steel
5.5 Carbon-Manganese Steel
5.6 Forged Steel
5.7 Carbon Steels
5.8 Quenched and Tempered Alloy Steels
5.9 Corrosion Resistant
5.10 Heat-Resistant Steel
5.11 Alloy Structural Steel
6 Global Structural Steel Market, By Product
6.1 Introduction
6.2 Heavy structural Steel
6.3 Rebar
6.4 Light Structural Steel
6.5 Metal Foaming
6.6 Metal Welding
6.7 Machining
7 Global Structural Steel Market, By Service
7.1 Introduction
7.2 Connection Design
7.3 Fabrication
8 Global Structural Steel Market, By Grade
8.1 Introduction
8.2 Low Carbon
8.3 High Carbon
8.4 Medium Carbon
9 Global Structural Steel Market, By Application
9.1 Introduction
9.2 Freight cars
9.3 Large Facades
9.4 Curvilinear Roofs
9.5 Walls
9.6 Industrial
9.7 Crane Booms
9.8 Transmission towers
9.9 Residential
9.10 Station & Hangers
9.11 Non Residential
9.12 Infrastructure
9.13 Bridges
9.14 Truck frames
10 Global Structural Steel Market, By End User
10.1 Introduction
10.2 Transportation
10.3 Construction
10.4 Machinery
10.5 Ship Building
10.6 Energy
10.7 Mining
10.8 Marine
11 Global Structural Steel Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape
13.1 Tata Steel Limited
13.2 Baogang Group
13.3 POSCO
13.4 Baosteel Group Corporation
13.5 JSW Steel Limited
13.6 Arcelor Mittal S.A.
13.7 Hebei Steel Group
13.8 Gerdau S.A
13.9 VISA Steel
13.10 Novolipetsk Steel
13.11 Shagang Group Co., Ltd.
13.12 Hesteel Group Company Limited
13.13 Hyundai Steel Co., Ltd. (HSC)
13.14 Bohai Steel Group Co. Ltd
13.15 Nippon Steel & Sumitomo Metal Corporation (NSSMC)
13.16 Benxi Beiying Iron & Steel Group Co. Ltd.
13.17 Anyang Iron & Steel Group Co. Ltd
13.18 Steel Authority of India Limited
List of Data Tables
1 Global Structural Steel Market Outlook, By Region (2020-2028) ($MN)
2 Global Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
3 Global Structural Steel Market Outlook, By Heat Treated Alloy Steel (2020-2028) ($MN)
4 Global Structural Steel Market Outlook, By High Strength, Low Alloy Steel (HSLA) (2020-2028) ($MN)
5 Global Structural Steel Market Outlook, By Heat Treated Carbon Steel (2020-2028) ($MN)
6 Global Structural Steel Market Outlook, By Carbon-Manganese Steel (2020-2028) ($MN)
7 Global Structural Steel Market Outlook, By Forged Steel (2020-2028) ($MN)
8 Global Structural Steel Market Outlook, By Carbon Steels (2020-2028) ($MN)
9 Global Structural Steel Market Outlook, By Quenched and Tempered Alloy Steels (2020-2028) ($MN)
10 Global Structural Steel Market Outlook, By Corrosion Resistant (2020-2028) ($MN)
11 Global Structural Steel Market Outlook, By Heat-Resistant Steel (2020-2028) ($MN)
12 Global Structural Steel Market Outlook, By Alloy Structural Steel (2020-2028) ($MN)
13 Global Structural Steel Market Outlook, By Product (2020-2028) ($MN)
14 Global Structural Steel Market Outlook, By Heavy structural Steel (2020-2028) ($MN)
15 Global Structural Steel Market Outlook, By Rebar (2020-2028) ($MN)
16 Global Structural Steel Market Outlook, By Light Structural Steel (2020-2028) ($MN)
17 Global Structural Steel Market Outlook, By Metal Foaming (2020-2028) ($MN)
18 Global Structural Steel Market Outlook, By Metal Welding (2020-2028) ($MN)
19 Global Structural Steel Market Outlook, By Machining (2020-2028) ($MN)
20 Global Structural Steel Market Outlook, By Service (2020-2028) ($MN)
21 Global Structural Steel Market Outlook, By Connection Design (2020-2028) ($MN)
22 Global Structural Steel Market Outlook, By Fabrication (2020-2028) ($MN)
23 Global Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
24 Global Structural Steel Market Outlook, By Low Carbon (2020-2028) ($MN)
25 Global Structural Steel Market Outlook, By High Carbon (2020-2028) ($MN)
26 Global Structural Steel Market Outlook, By Medium Carbon (2020-2028) ($MN)
27 Global Structural Steel Market Outlook, By Application (2020-2028) ($MN)
28 Global Structural Steel Market Outlook, By Freight cars (2020-2028) ($MN)
29 Global Structural Steel Market Outlook, By Large Facades (2020-2028) ($MN)
30 Global Structural Steel Market Outlook, By Curvilinear Roofs (2020-2028) ($MN)
31 Global Structural Steel Market Outlook, By Walls (2020-2028) ($MN)
32 Global Structural Steel Market Outlook, By Industrial (2020-2028) ($MN)
33 Global Structural Steel Market Outlook, By Crane Booms (2020-2028) ($MN)
34 Global Structural Steel Market Outlook, By Transmission towers (2020-2028) ($MN)
35 Global Structural Steel Market Outlook, By Residential (2020-2028) ($MN)
36 Global Structural Steel Market Outlook, By Station & Hangers (2020-2028) ($MN)
37 Global Structural Steel Market Outlook, By Non Residential (2020-2028) ($MN)
38 Global Structural Steel Market Outlook, By Infrastructure (2020-2028) ($MN)
39 Global Structural Steel Market Outlook, By Bridges (2020-2028) ($MN)
40 Global Structural Steel Market Outlook, By Truck frames (2020-2028) ($MN)
41 Global Structural Steel Market Outlook, By End User (2020-2028) ($MN)
42 Global Structural Steel Market Outlook, By Transportation (2020-2028) ($MN)
43 Global Structural Steel Market Outlook, By Construction (2020-2028) ($MN)
44 Global Structural Steel Market Outlook, By Machinery (2020-2028) ($MN)
45 Global Structural Steel Market Outlook, By Ship Building (2020-2028) ($MN)
46 Global Structural Steel Market Outlook, By Energy (2020-2028) ($MN)
47 Global Structural Steel Market Outlook, By Mining (2020-2028) ($MN)
48 Global Structural Steel Market Outlook, By Marine (2020-2028) ($MN)
49 North America Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
50 North America Structural Steel Market Outlook, By Product (2020-2028) ($MN)
51 North America Structural Steel Market Outlook, By Service (2020-2028) ($MN)
52 North America Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
53 North America Structural Steel Market Outlook, By Application (2020-2028) ($MN)
54 North America Structural Steel Market Outlook, By End User (2020-2028) ($MN)
55 North America Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
56 North America Structural Steel Market Outlook, By Product (2020-2028) ($MN)
57 North America Structural Steel Market Outlook, By Service (2020-2028) ($MN)
58 North America Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
59 North America Structural Steel Market Outlook, By Application (2020-2028) ($MN)
60 North America Structural Steel Market Outlook, By End User (2020-2028) ($MN)
61 Europe Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
62 Europe Structural Steel Market Outlook, By Product (2020-2028) ($MN)
63 Europe Structural Steel Market Outlook, By Service (2020-2028) ($MN)
64 Europe Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
65 Europe Structural Steel Market Outlook, By Application (2020-2028) ($MN)
66 Europe Structural Steel Market Outlook, By End User (2020-2028) ($MN)
67 Asia Pacific Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
68 Asia Pacific Structural Steel Market Outlook, By Product (2020-2028) ($MN)
69 Asia Pacific Structural Steel Market Outlook, By Service (2020-2028) ($MN)
70 Asia Pacific Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
71 Asia Pacific Structural Steel Market Outlook, By Application (2020-2028) ($MN)
72 Asia Pacific Structural Steel Market Outlook, By End User (2020-2028) ($MN)
73 South America Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
74 South America Structural Steel Market Outlook, By Product (2020-2028) ($MN)
75 South America Structural Steel Market Outlook, By Service (2020-2028) ($MN)
76 South America Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
77 South America Structural Steel Market Outlook, By Application (2020-2028) ($MN)
78 South America Structural Steel Market Outlook, By End User (2020-2028) ($MN)
79 Middle East & Africa Structural Steel Market Outlook, By Steel Type (2020-2028) ($MN)
80 Middle East & Africa Structural Steel Market Outlook, By Product (2020-2028) ($MN)
81 Middle East & Africa Structural Steel Market Outlook, By Service (2020-2028) ($MN)
82 Middle East & Africa Structural Steel Market Outlook, By Grade (2020-2028) ($MN)
83 Middle East & Africa Structural Steel Market Outlook, By Application (2020-2028) ($MN)
84 Middle East & Africa Structural Steel Market Outlook, By End User (2020-2028) ($MN)