The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the Structural steel market  is segmented as heavy structural steel, light structural steel, and rebars. The heavy structural steel segment is expected to maintain its commanding position over the forecast period, driven by the increasing infrastructural spending across the globe.

Based on the application type, the Structural steel market is segmented as residential, non-residential, and industrial. The residential segment is estimated to grow with the highest CAGR over the forecast period owing to rapid urbanization, especially in developing nations.

In terms of regions, Asia-Pacific is estimated to be the largest market for structural steel during the forecast period. The region’s market growth is attributed to the rapid residential, non-residential and infrastructural developments in the emerging economies, such as India and China. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

Some of the major players in the structural steel market are-

• ArcelorMittal S.A.

• Shagang Group Company Limited

• Hesteel Group Company Limited

• Nippon Steel & Sumitomo Metal Corporation

• POSCO

• VISA Steel

• Steel Authority of India Limited

• Anyang Iron & Steel Group Co., Ltd.

• China BaoWu Steel Group Corporation Limited.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.