DUBLIN–(BUSINESS WIRE)–Report “Structural Steel Market – Global Outlook & Forecast 2022-2027” has been added to ResearchAndMarkets.com offer.

Structural steel is carbon steel, meaning that the carbon content is up to 2.1% by weight. Therefore, we can say that coal is an important raw material for steel structures after iron ore. Many times, structural steel is used in various construction activities. Structural steel comes in many forms, giving architects and civil engineers freedom in design.

Structural steel is used to construct warehouses, aircraft hangers, stadiums, steel and glass buildings, industrial warehouses, and bridges. In addition, structural steel is wholly or partially used to construct residential and commercial buildings. Structural steel is an adaptable and convenient construction material that aids in manufacturing versatility and provides structural strength without excessive weight, from commercial to residential to road infrastructure.

Structural steel is also used in various industries such as power generation, electricity transmission & distribution, mining, etc. Most of the substructure components in the mine are supported by structural steel beams and columns. Structural steel is used to construct all the workshops, offices and structural parts of the mine such as mining screens, fluidized bed boilers and structures.

Structural steel is often specified by industry or national standards such as the American Society for Testing and Materials (ASTM), British Standards Institution (BSI), International Standards Organization (ISO), and so on. In most situations, standards specify fundamental requirements, such as chemical composition, tensile strength, and load-carrying capacity.

Many standards around the world define the shape of structural steel. In a nutshell, standards define the angles, tolerances, dimensions, and cross-sectional measurements of steel called structural steel. Many parts are made by hot or cold rolling, while others are formed by welding flat or curved plates together. Structural steel beams and columns are connected by means of welding or bolts. Steel structures are widely used in the construction of industrial warehouses because of their ability to withstand very large loads and vibrations.

Additionally, boats, submarines, supertankers, ladders, steel floors and grilles, steps, and manufactured steel scrap are examples of maritime vehicles using structural steel. Structural steel can withstand external stress and is produced quickly. These characteristics make structural steel suitable for use in the naval industry. Therefore, many structures that support the marine industry, such as docks and harbours, use a variety of steel structures.

Key Questions Answered:

1. How big is the structural steel market?

2. What is the projected market size of the global structural steel market in 2027?

3. What is the growth rate of the global structural steel market?

4. Which region dominates the global structural steel market?

5. What are the main trends in the structural steel market?

6. Who are the key players in the global structural steel market?

Market Dynamics

Opportunities & Trends

  • Innovation & Technological Progress in the Steel Industry

  • Housing & Infrastructure Development

  • Demand for Sustainable Construction Materials

Growth Activator

  • Rapid Industrialization of Developing Countries

  • Growth of the Light Steel Frame Market

Restraint

  • Expensive Maintenance

  • Raw Material Price Fluctuations

Market segmentation

Segmentation by Application

  • Infrastructure

  • Industry

  • Commercial

  • Housing area

Segmentation by Type

  • Hot Rolled Steel

  • Cold Rolled Steel

Segmentation based on Geography

  • North America

  • WE

  • Canada

  • Europe

  • Russia

  • German

  • Italy

  • France

  • Spanish

  • English

  • rest of Europe

  • APAC

  • China

  • India

  • Japan

  • South Korea

  • other APACs

  • Middle East & Africa

  • UAE

  • Saudi Arabia

  • south Africa

  • Remaining MEA

  • Latin America

  • Brazil

  • Mexico

  • other Latin America

Key Vendors

  • ArcelorMittal

  • Nippon Steel Company

  • Shougang

  • TATA steel

  • Hyundai steel

Other Vendors

  • Anyang Iron & Steel Group Co., Ltd.

  • British Steel

  • China Ansteel Group Corporation Limited

  • Emirates Steel

  • Evraz PLC

  • Gerdau S/A

  • HBIS Group Co., Ltd

  • JSW steel

  • Nucor

  • POSCO

  • SSAB

  • Indian Steel Authority Limited (SAIL)

  • Tangshan Jun Nan Trading Company Limited

  • Voestalpine AG

For more information about this report, visit https://www.researchandmarkets.com/r/1hujkh



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