Stratview Research announces the launch of a new research report on the Structural Steel Market is segmented by Product Type (Heavy Structural Steel, Light Structural Steel, and Rebars), by Application Type (Residential, Non-Residential, and Industrial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Structural Steel Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based on Structural Steel Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
Highlights from the Report
Structural steel market is likely to witness an impressive CAGR of 7.1% during the forecast period. The prime factor that is contributing to the demand for structural steel is the growing construction industry.
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.
According to the report, the key players of the market are –
- ArcelorMittal S.A.
- Shagang Group Company Limited
- Hesteel Group Company Limited
- Nippon Steel & Sumitomo Metal Corporation
- VISA Steel
- Steel Authority of India Limited
- Anyang Iron & Steel Group Co., Ltd.
- China BaoWu Steel Group Corporation Limited.
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