Structural Steel Market Size, Share, and Trends 2024 to 2034

The global structural steel market size calculated at USD 118.64 billion in 2025 and is projected to surpass around USD 187.22 billion by 2034, expanding at a CAGR of 5.20% from 2025 to 2034. The Asia Pacific structural steel market size is estimated at USD 80.68 billion in 2025 and is expanding at a CAGR of 5.40% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1437
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Structural Steel Market 

5.1. COVID-19 Landscape: Structural Steel Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Structural Steel Market, By Product

8.1. Structural Steel Market Revenue and Volume, By Product,

8.1.1 High sectional steel

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Light sectional steel

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Rebar

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Structural Steel Market, By Application

9.1. Structural Steel Market Revenue and Volume, By Application,

9.1.1. Residential

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Non-Residential

9.1.2.1. Market Revenue and Volume Forecast

Chapter 10. Global Structural Steel Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Product

10.1.2. Market Revenue and Volume Forecast, By Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Product

10.1.3.2. Market Revenue and Volume Forecast, By Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Product

10.1.4.2. Market Revenue and Volume Forecast, By Application

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Product

10.2.2. Market Revenue and Volume Forecast, By Application

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Product

10.2.3.2. Market Revenue and Volume Forecast, By Application

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Product

10.2.4.2. Market Revenue and Volume Forecast, By Application

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Product

10.2.5.2. Market Revenue and Volume Forecast, By Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Product

10.2.6.2. Market Revenue and Volume Forecast, By Application

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Product

10.3.2. Market Revenue and Volume Forecast, By Application

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Product

10.3.3.2. Market Revenue and Volume Forecast, By Application

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Product

10.3.4.2. Market Revenue and Volume Forecast, By Application

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Product

10.3.5.2. Market Revenue and Volume Forecast, By Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Product

10.3.6.2. Market Revenue and Volume Forecast, By Application

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Product

10.4.2. Market Revenue and Volume Forecast, By Application

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Product

10.4.3.2. Market Revenue and Volume Forecast, By Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Product

10.4.4.2. Market Revenue and Volume Forecast, By Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Product

10.4.5.2. Market Revenue and Volume Forecast, By Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Product

10.4.6.2. Market Revenue and Volume Forecast, By Application

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Product

10.5.2. Market Revenue and Volume Forecast, By Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Product

10.5.3.2. Market Revenue and Volume Forecast, By Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Product

10.5.4.2. Market Revenue and Volume Forecast, By Application

Chapter 11. Company Profiles

11.1. Baogang Group

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Gerdau S.A.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Nippon Steel Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Tata Steel

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. ArcelorMittal

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Evraz PLC

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. JSW Steel

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. POSCO

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. SAIL

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Anshan Iron & Steel Group Corporation

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global structural steel market size was valued at USD 112.77 billion in 2024 and is expected to be worth around USD 187.22 billion by 2034.

The global structural steel market is growing at a CAGR of 5.20% during the forecast period 2025 to 2034.

Some of the prominent players in the global structural steel market are Baogang Group, Gerdau S.A., Nippon Steel Corporation, Tata Steel, ArcelorMittal, Evraz PLC, JSW Steel, POSCO, SAIL, Anshan Iron & Steel Group Corporation.

The global structural steel market is expected to increase steadily in the next upcoming years, due to rising disposable income and technological advancements in building and construction projects.

The Asia-Pacific segment accounted the market with revenue share of 68% in 2024 and will lead the market in near future.

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