Structural Steel Market Size, Share, Insights and Forecast to 2028

Structural Steel Market Insights, Outlook - 2028

Due to the COVID-19 pandemic, the global Structural Steel market size is estimated to be worth USD 77190 million in 2022 and is forecast to a readjusted size of USD 99370 million by 2028 with a CAGR of 4.3% during the review period.

Fully considering the economic change by this health crisis, I-Beam accounting for % of the Structural Steel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Construction segment is altered to an % CAGR throughout this forecast period.

Structural Steel

Structural steel is a category of steel used as a construction material for making structural steel shapes. A structural steel shape is a profile, formed with a specific cross section and following certain standards for chemical composition and mechanical properties. Structural steel shapes, sizes, composition, strengths, storage practices, etc., are regulated by standards in most industrialized countries.

Structural Steel Market Size and Share

Global Structural Steel key players include Nippon Steel Sumitomo Metal, Baosteel, POSCO, Ansteel, Wuhan Iron and Steel, etc. Global top five manufacturers hold a share over 20%.

China is the largest market, with a share over 45%, followed by Japan & South Korea and Europe, both have a share over 20%.

In terms of product, Angle (L-Shape) is the largest segment, with a share over 30%. And in terms of application, the largest application is Construction, followed by Non-Building, etc.

In terms of production side, this report researches the Structural Steel capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Structural Steel by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Structural Steel Market Scope and Segment

Structural Steel market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Structural Steel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Structural Steel Market Segment By Type

• I-Beam
• Angle (L-Shape)
• Hollow Structural Section (HSS) Shape
• Z-Shape
• T-Shaped

Structural Steel Market Segment By Application

• Construction
• Transportation
• Machinery
• Others

By Company

• Gerdau S.A
• ArcelorMittal
• Tata Steel
• Nippon Steel Sumitomo Metal
• POSCO
• ThyssenKrupp
• JSW Steel
• Essar Steel
• TISCO
• Southern Steel Company (SSC)
• Pomina
• Krakatau Steel
• Sahaviriya Steel Industries
• G Steel PCL
• SAMC
• Capitol Steel
• Hyundai Steel
• Nucor Steel
• Baosteel
• Ansteel
• Wuhan Iron and Steel
• Shagang Group
• Shandong Iron & Steel Group
• Ma Steel
• Bohai Steel
• Shougang Group
• Valin Steel
• Anyang Iron & Steel Group
• Baogang Group

Production By Region

• North America
• Europe
• China
• Japan
• India
• South Korea
• Southeast Asia

Consumption By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE