Fabricated Structural Steel Market by Product (Rebar, Light Sectional Steel, Heavy Sectional Steel), by End-Use Industry (Construction, Manufacturing, Automotive, Defence & Aerospace, Energy & Power), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The size of the Fabricated Structural Steel Market was valued at USD 15.66 USD Billion in 2023 and is projected to reach USD 28.10 USD Billion by 2032, with an expected CAGR of 8.71 % during the forecast period. Pre-manufacturing steel structures on the other hand means steel fabrications or our steel in structures that have undergone through fabrication processes to take certain forms to be used in structures & constructions. This activity entails the process of fabrication which involves putting together steel members that make the fabrication of beams; columns and trusses. Some of the fabricated structural steel includes the I-beams, channels & angles, and plates used in structural works, whereby each part has its own role. Some of the characteristics of fabricated structural steel include high strength-to-weight ratios, durability as well as flexible design. It is used in a wide range of sectors most commonly in construction and archetypes of buildings and bridges also in industrial constructions and supports and others. Structural steel is often fabricated from materials requiring specialized manufacturing processes to obtain specific key dimensions, and hence perform certain load bearing and design characteristics, which make for safe structures of constructed facilities.
Fabricated Structural Steel Trends
Product:
End-Use Industry:
This comprehensive market report provides an in-depth analysis of the global fabricated structural steel industry, covering key aspects such as:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.71 % from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.71 % from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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