Steel Sections Market By Process (Hot-rolled steel sections, Cold-formed steel sections, Welded steel sections, Seamless steel sections), Type (I-beams, H-beams Channels, Angles Hollow sections), By End Use (Residential buildings, Commercial buildings, Bridges and highways, Industrial plants, Oil and gas refineries) & Regional Forecast till 2033
FMI Digs Deep into How Steel Sections are enhancing Performance and occupied in Construction Industries. Read the Report to Find Investment Opportunities in the Industry
As per the detailed report on the Steel Sections market by Future Market Insights, global sales of Steel Sections reached US$ 85.5 billion in 2018. Y-o-Y market growth was recorded at 5.2% in 2022 with revenue expected to reach US$ 111.6 billion in 2023. The Global Steel Sections market is projected to reach US$ 209.5 billion by end of 2033 representing 6.5% CAGR between 2023 to 2033.
Steel sections are essential components in construction and infrastructure projects due to their strength, durability, and versatility. They provide structural and vibration control strength, support heavy loads, and enable innovative designs, making them best for building safe and resilient.
Other Drivers Propelling the Demand for Steel Sections include:
The demand for steel sections is driven by their exceptional strength and durability. Steel is known for its high tensile strength, allowing it to withstand heavy loads and harsh environmental conditions.
the structural efficiency that steel sections offer. These sections can bear substantial loads while minimizing the overall weight of the structure. This efficiency translates into cost savings in construction projects by reducing the required amount of material and enabling more innovative and lightweight designs.
Steel sections are highly versatile, making them suitable for a wide range of applications. They can be fabricated into various shapes and sizes, catering to specific project requirements. This versatility allows their use in diverse applications, including beams and columns in buildings, trusses in bridges, and other infrastructure projects.
The increasing focus on sustainability also contributes to the demand for steel sections. Steel is highly recyclable, and the use of recycled steel in the production of steel sections helps reduce energy consumption and greenhouse gas emissions. Additionally, steel structures can be disassembled and reused, promoting sustainable practices in construction and infrastructure development
Challenges for Companies/Manufacturers in the Steel Sections Market:
The steel sections market is highly competitive, with numerous manufacturers trying for market share. Companies face the challenge of differentiating themselves from competitors by offering unique value propositions, such as superior product quality, innovative designs, or exceptional customer service. Building and maintaining a strong brand reputation is crucial to thrive in this competitive landscape.
Recent slowdown due to banking recession may hamper the growth of infrastructural and business loans loans worldwide.
Steel is a key raw material for manufacturing steel sections, and its price volatility poses a significant challenge for companies. Fluctuations in steel prices can impact production costs and profitability. Manufacturers need to closely monitor and manage raw material costs, considering hedging strategies, long-term supplier relationships, and efficient inventory management to mitigate the impact of price fluctuations.
With rapid technological growth, companies in the steel sections market need to stay up-to-date with the latest manufacturing technologies and processes. Investing in modern machinery, automation, and digitalization can enhance efficiency, precision, and productivity. However, keeping pace with evolving technologies and implementing them effectively requires substantial investments and continuous training of the workforce.
Opportunities in the Steel Sections Market:
The increasing focus on infrastructure development globally presents a significant opportunity for companies in the steel sections market. Governments and private sector entities are investing in large-scale infrastructure projects, such as transportation networks, bridges, and commercial buildings. This demand for robust and durable steel sections for construction purposes creates a favorable market environment for manufacturers.
The growing emphasis on sustainability creates opportunities for companies to develop eco-friendly steel sections and sustainable practices. Investing in energy-efficient manufacturing processes, using recycled steel, and adopting environmentally friendly coatings and finishes can attract environmentally conscious customers. Meeting sustainability requirements and obtaining green certifications can open doors to new market segments and enhance brand reputation.
The refurbishment and retrofitting of existing structures offer opportunities for companies in the steel sections market. As aging infrastructure requires upgrades, steel sections can be employed for reinforcing existing buildings and enhancing their structural integrity. This includes strengthening columns, beams, and foundations, as well as incorporating steel sections in seismic retrofitting projects.
Latest Trends in the Steel Sections Market:
Manufacturers are adopting eco-friendly production processes, such as using recycled steel, reducing energy consumption, and implementing waste management strategies. This trend allows companies to differentiate themselves as socially conscious and environmentally friendly.
These treatments provide corrosion resistance, weather resistance, and improved acidic properties during pickling's. Manufacturers are investing in research and development to offer coatings that prolong the lifespan of steel sections, ensuring longevity and reducing maintenance requirements.
The integration of digital technologies and smart manufacturing principles is transforming the steel sections market. IoT-enabled devices, sensors, and data analytics tools are used to monitor and optimize production processes, enabling predictive maintenance, reducing downtime, and enhancing efficiency.
Manufacturers are investing in automated machinery and technologies to offer increased design flexibility and customization options.
Attributes
Details
Steel Sections Market Size (2023)
US$ 111.6 billion
Steel Sections Market Projected Size (2033)
US$ 209.5 billion
Value CAGR (2023 to 2033)
6.5%
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2018 to 2022 Steel Sections Demand Outlook Compared to 2023 to 2033 Forecast
From 2018 to 2022, the global Steel Sections market experienced a CAGR of 5.2%, reaching a market size of US$ 111.6 billion in 2023.
There was an increase in construction and infrastructure development projects worldwide. Governments and private entities invested heavily in building commercial complexes, residential properties, and transportation networks, requiring the use of steel sections for structural purposes. The durability and strength offered by steel sections make them an ideal choice for applications requiring robust and long-lasting materials. The steel section market is expected to continue its growth trajectory, supported by ongoing infrastructure development and the adoption of sustainable construction practices.
Future Forecast for Steel Sections Industry
From 2023 to 2033, the worldwide Steel Sections industry is predicted to grow at a CAGR of 6.5%. The market is anticipated to reach US$ 209.5 billion over the forecast period.
The Steel section industry is expected to experience robust growth from 2023 to 2033, with a projected compound annual growth rate (CAGR) of 6.5%. This growth is anticipated to push the market's value to an estimated US$209.5 billion by the end of 2033. This steady expansion can be attributed to factors such as increased construction activities, infrastructure development, and rising demand for steel in various industries like EV-Automobiles, Automated manufacturing plants, etc.
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Comparative View of the Steel Sections Market
Steel Sections Market:
Attributes
Steel Sections Market
CAGR (2023 to 2033)
6.5%
Market Value (2033)
US$ 209.5 billion
Opportunity
Increasing infrastructure projects and construction activities, demand for lightweight and sustainable construction solutions.
Key Trends
Sustainable manufacturing practices, technological innovation in design and fabrication, growing customization requirements for complex project designs.
Stainless Steel Market:
Attributes
Stainless Steel Market
CAGR (2023 to 2033)
5.5%
Market Value (2033)
US$ 193.9 billion
Opportunity
Growing demand from industries such as automotive, aerospace, and construction, rising preference for corrosion-resistant materials.
Key Trends
Increasing use in architectural applications, advancements in stainless steel grades and surface finishes, adoption of stainless steel in medical and healthcare sectors.
Steel Pipe Market:
Attributes
Steel Pipe Market
CAGR (2023 to 2033)
3.9%
Market Value (2033)
US$ 149.1 billion
Opportunity
Expansion of oil and gas, water and wastewater, and construction industries, growing investments in infrastructure development.
Key Trends
Growing demand for seamless pipes in various applications, increasing use of steel pipes in the transportation of fluids and gases, focus on product innovation and cost-efficiency.
Country-Wise Insights
Steel Sections Market to grow in the United States As customer trends towards modification of Vintage cars.
Country
The United States
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 23.8 billion
CAGR % 2023 to End of Forecast (2033)
7.7%
The Steel Sections industry in the United States is currently observing a consistent upward trajectory, signifying a favorable growth trend. Based on projections, The industry will achieve a significant market share of approximately US$ 23.8 billion by the year 2033. Based on our meticulous analysis, the industry shall undergo a compound annual growth rate (CAGR) of 7.7% throughout the projected period. There has been a notable increase in both commercial and residential construction, accompanied by a surge in the manufacturing sectors' need for steel.
Notable Growth Expected in China's Steel Sections Market as increase in Motorsport event.
Country
China
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 102.4 billion
CAGR % 2023 to End of Forecast (2033)
6.6%
The Steel Sections industry in China is projected to experience significant growth, with an estimated market share of US$ 102.4 billion. Based on the projected compound annual growth rate (CAGR) of 6.6% throughout the projected timeframe, This sector has the potential for consistent and gradual expansion. The growth is driven by the implementation of robust infrastructure, an expanding construction domain, and increasing interest from multiple sectors. The increasing need for steel sections in China is a direct consequence of the country's swift urbanisation and industrialization, which are key variables driving the industry's upward trajectory. The implementation of governmental initiatives aimed at encouraging sustainable construction methodologies and the allocation of resources towards improving of manufacturing technologies have the potential to provide a substantial boost to the expansion of the Steel Sections sector within the Chinese market.
Underground racing to boost Steel Sections Market in Japan
Country
Japan
Market Size (US$ billion) by End of Forecast Period (2033)
US$ 13.6 billion
CAGR % 2023 to End of Forecast (2033)
7.2%
The Steel Sections industry in Japan is projected to achieve a market share of US$ 13.6 billion by 2033, displaying steady growth with a compound annual growth rate (CAGR) of 6.6%. Recent examples exemplify this upward trend. The industry's expansion can be attributed to factors such as ongoing infrastructure development projects, a strong emphasis on earthquake-resistant structures, and the demand for steel sections in automotive and manufacturing sectors. Additionally, Japan's focus on technological innovations, research, and development efforts in the steel industry contribute to the sector's growth. These factors collectively position Japan's Steel Sections industry for a positive outlook in the coming years.
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Category-Wise Insights
How Hot rolled steel sections are playing important role in the Steel Sections Industry.
By Process, Hot rolled steel sections segment is expected to dominate the Steel Sections industry with a CAGR of 6.7% from 2023 to 2033. This segment captures a significant market share in 2023 due to its wide range of applications, including structural components in construction, infrastructure projects, and manufacturing.
As the Performance Exhaust systems are designed with larger diameter pipes and less restrictive mufflers, allowing for greater exhaust flow, consumers will focus to upgrade their vehicles. Upgrading to a performance exhaust system is a popular and effective technique to increase horsepower and torque, improve throttle response and improve a high-performance vehicle's overall driving experience.
Type, I-Beam steel section segment is dominating the Steel Sections Industry with market share of 34.2% through 2033
The I-Beam segment holds a dominant position in the Steel Sections industry, capturing an impressive market share of 34.2% from 2022 to 2033. This segment's prominence can be attributed to its versatile and sturdy structural design, making it suitable for a wide range of applications. I-Beams are known for their excellent load-bearing capacity, which is crucial in construction, infrastructure, and industrial projects. Their efficient and reliable performance has solidified the I-Beam segment as the preferred choice for architects, engineers, and builders, leading to its significant market share in the Steel Sections industry during the forecast period.
How Key Players Stay Competitive in the Steel Sections Industry?
Key players in the Steel Sections industry employ several strategies to stay competitive in the market. They focus on continuous innovation, investing in research and development to enhance the quality, durability, and efficiency of their steel sections. This allows them to offer advanced products that meet evolving customer demands. They maintain strong relationships with suppliers to ensure a consistent supply of high-quality raw materials. Players prioritize customer satisfaction by providing customized solutions, timely delivery, and excellent after-sales support. They also emphasize sustainability by adopting eco-friendly production processes and reducing their environmental footprint. They keep a close eye on market trends, industry developments, and emerging technologies to stay ahead of the competition and adapt to changing market dynamics.
Key Strategies Adopted by the Players
Product Innovation
Companies invest heavily in Research and development to deliver novel products that improve efficiency, dependability, and cost-effectiveness. Product innovation allows businesses to differentiate themselves from their competition while also catering to the changing demands of their clients.
Strategic Partnerships and Collaborations
Key firms in the sector frequently develop strategic partnerships and collaborations with other companies in order to harness their strengths and increase their market reach. Such alliances can allow businesses to obtain access to new technology and markets.
Expansion into Emerging Markets
The Steel Sections sector is expanding rapidly in emerging regions such as China and India. Key companies are increasing their presence in these markets by developing local manufacturing facilities and enhancing their distribution networks.
Mergers and Acquisitions
Mergers and acquisitions are frequently used by key players in the Steel Sections business to consolidate their market position, expand their product portfolio and gain access to new markets.
Key Players in the Steel Sections Industry
ArcelorMittal
Nippon Steel Corporation
POSCO
Tata Steel
Baosteel Group
JFE Steel Corporation
Thyssenkrupp AG
Nucor Corporation
SSAB AB
United States Steel Corporation
SAIL (Steel Authority of India Limited)
Emirates Steel
Evraz Group
Severstal
Gerdau S.A.
Celsa Group
Salzgitter AG
Hyundai Steel
Voestalpine AG
Hebei Iron and Steel Group
Key Developments in the Steel Sections Market:
The steel companies like SAIL, Tata Steel, JSW Steel and Essar Steel have accomplished some significant work in the area of raw material beneficiation, agglomeration and product development. However, the major focus of work in these companies generally relates to incremental technology development to address the present and short term needs of various production units.
In fact, barring some commendable product development efforts, their contributions towards disruptive technology development have not been noteworthy. The actual investment on R&D by the large steel companies in India varies from company to company in the range of 0.07-0.58% of their sales turnover
Segmentation Analysis of the Steel Sections Market
By Process:
Hot-rolled steel sections,
Cold-formed steel sections,
Welded steel sections,
Seamless steel sections
By Type:
I-beams Channel,
H-beams Channels,
Angles Hollow sections
By End Use:
Residential buildings,
Commercial buildings,
Bridges and highways,
Industrial plants,
Oil and gas refineries
By Region:
North America
Latin America
Eastern Europe
Western Europe
East Asia
South Asia & Pacific
The Middle East & Africa
Frequently Asked Questions
How Big will be the Market by 2033?
This market is estimated to reach US$ 209.5 billion by 2033.
Which Countries Dominate the Global Market?
The United States, China, and Japan dominate the global market.
What is the Key Opportunity faced by the Market?
Infrastructural growth fuels construction opportunities.
Which is the Top Trend in this Market?
Technological innovation in design and fabrication is the top trend in the market.
What Leads to Growth in Germany’s Market?
Adopted version of control software solutions and services boosts Germany’s market.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Tons) Analysis, 2018 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis By Process
6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global Manufacturing industry Overview
8.1.3. Manufacturing Value-Added
8.1.4. Industry Value Added
8.1.5. Parent Market Outlook
8.1.6. Other Macro-Economic Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth forecast
8.2.3. Manufacturing Industry forecast
8.2.4. Global Urbanization Growth Outlook
8.2.5. Business Climate
8.2.6. Covid-19 Impact Assessment
8.2.7. End-use Industry Growth Outlook
8.3. Value Chain
8.3.1. Product Manufacturers
8.3.2. End Users
8.3.3. Avg. Profitability Margins
8.4. COVID-19 Crisis – Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Parent Analysis
8.7. PESTLE Analysis
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Process
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume Analysis By Process, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Process, 2023 to 2033
9.3.1. Hot-rolled Steel Sections
9.3.2. Cold-formed Steel Section
9.3.3. Welded Steel section
9.3.4. Seamless Steel Section
9.4. Market Attractiveness Analysis By Process
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) and Volume Analysis By Type, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Type, 2023 to 2033
10.3.1. I-beams Channels
10.3.2. H-beams Channels
10.3.3. Angles Hollow Sections
10.4. Market Attractiveness Analysis By Type
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2018 to 2022
11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2023 to 2033
11.3.1. Residential buildings
11.3.2. Commercial Buildings
11.3.3. Bridges and Highways
11.3.4. Industrial Plants
11.3.5. Oil and gas refineries
11.4. Market Attractiveness Analysis By End Use
12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
12.1. Introduction
12.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018 to 2022
12.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033
12.3.1. North America
12.3.2. Latin America
12.3.3. Western Europe
12.3.4. Eastern Europe
12.3.5. Central Asia
12.3.6. Russia & Belarus
12.3.7. Balkan & Baltic Countries
12.3.8. Middle East and Africa (MEA)
12.3.9. East Asia
12.3.10. South Asia and Pacific
12.4. Market Attractiveness Analysis By Region
13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
13.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.2. By Process
13.4.3. By Type
13.4.4. By End Use
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Process
13.5.3. By Type
13.5.4. By End Use
13.6. Market Trends
13.7. Key Market Participants - Intensity Mapping
13.8. Drivers and Restraints - Impact Analysis
14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Argentina
14.4.1.4. Rest of Latin America
14.4.2. By Process
14.4.3. By Type
14.4.4. By End Use
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Process
14.5.3. By Type
14.5.4. By End Use
14.6. Market Trends
14.7. Key Market Participants - Intensity Mapping
14.8. Drivers and Restraints - Impact Analysis
15. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. Italy
15.4.1.3. France
15.4.1.4. U.K.
15.4.1.5. Spain
15.4.1.6. BENELUX
15.4.1.7. NORDICS
15.4.1.8. Rest of Western Europe
15.4.2. By Process
15.4.3. By Type
15.4.4. By End Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Process
15.5.3. By Type
15.5.4. By End Use
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
16.4.1. By Country
16.4.1.1. Poland
16.4.1.2. Hungary
16.4.1.3. Romania
16.4.1.4. Czech Republic
16.4.1.5. Rest of Eastern Europe
16.4.2. By Process
16.4.3. By Type
16.4.4. By End Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Process
16.5.3. By Type
16.5.4. By End Use
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
17.4.1. By Process
17.4.2. By Type
17.4.3. By End Use
17.5. Market Attractiveness Analysis
17.5.1. By Process
17.5.2. By Type
17.5.3. By End Use
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
18.4.1. By Process
18.4.2. By Type
18.4.3. By End Use
18.5. Market Attractiveness Analysis
18.5.1. By Process
18.5.2. By Type
18.5.3. By End Use
18.6. Market Trends
18.7. Key Market Participants - Intensity Mapping
18.8. Drivers and Restraints - Impact Analysis
19. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
19.4.1. By Process
19.4.2. By Type
19.4.3. By End Use
19.5. Market Attractiveness Analysis
19.5.1. By Process
19.5.2. By Type
19.5.3. By End Use
19.6. Market Trends
19.7. Key Market Participants - Intensity Mapping
19.8. Drivers and Restraints - Impact Analysis
20. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033
20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
20.4.1. By Country
20.4.1.1. India
20.4.1.2. ASEAN
20.4.1.3. Oceania
20.4.1.4. Rest of South Asia & Pacific
20.4.2. By Process
20.4.3. By Type
20.4.4. By End Use
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Process
20.5.3. By Type
20.5.4. By End Use
20.6. Market Trends
20.7. Key Market Participants - Intensity Mapping
20.8. Drivers and Restraints - Impact Analysis
21. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
21.1. Introduction
21.2. Pricing Analysis
21.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
21.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
21.4.1. By Country
21.4.1.1. China
21.4.1.2. Japan
21.4.1.3. South Korea
21.4.2. By Process
21.4.3. By Type
21.4.4. By End Use
21.5. Market Attractiveness Analysis
21.5.1. By Country
21.5.2. By Process
21.5.3. By Type
21.5.4. By End Use
21.6. Market Trends
21.7. Key Market Participants - Intensity Mapping
21.8. Drivers and Restraints - Impact Analysis
22. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
22.1. Introduction
22.2. Pricing Analysis
22.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
22.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
22.4.1. By Country
22.4.1.1. GCC Countries
22.4.1.2. Türkiye
22.4.1.3. Northern Africa
22.4.1.4. South Africa
22.4.1.5. Rest of Middle East and Africa
22.4.2. By Process
22.4.3. By Type
22.4.4. By End Use
22.5. Market Attractiveness Analysis
22.5.1. By Country
22.5.2. By Process
22.5.3. By Type
22.5.4. By End Use
22.6. Market Trends
22.7. Key Market Participants - Intensity Mapping
22.8. Drivers and Restraints - Impact Analysis
23. Country-wise Market Analysis
23.1. Introduction
23.1.1. Market Value Proportion Analysis, By Key Countries
23.1.2. Global Vs. Country Growth Comparison
23.2. U.S. Market Analysis
23.2.1. By Process
23.2.2. By Type
23.2.3. By End Use
23.3. Canada Market Analysis
23.3.1. By Process
23.3.2. By Type
23.3.3. By End Use
23.4. Mexico Market Analysis
23.4.1. By Process
23.4.2. By Type
23.4.3. By End Use
23.5. Brazil Market Analysis
23.5.1. By Process
23.5.2. By Type
23.5.3. By End Use
23.6. Argentina Market Analysis
23.6.1. By Process
23.6.2. By Type
23.6.3. By End Use
23.7. Germany Market Analysis
23.7.1. By Process
23.7.2. By Type
23.7.3. By End Use
23.8. Italy Market Analysis
23.8.1. By Process
23.8.2. By Type
23.8.3. By End Use
23.9. France Market Analysis
23.9.1. By Process
23.9.2. By Type
23.9.3. By End Use
23.10. U.K. Market Analysis
23.10.1. By Process
23.10.2. By Type
23.10.3. By End Use
23.11. Spain Market Analysis
23.11.1. By Process
23.11.2. By Type
23.11.3. By End Use
23.12. NORDICS Market Analysis
23.12.1. By Process
23.12.2. By Type
23.12.3. By End Use
23.13. Poland Market Analysis
23.13.1. By Process
23.13.2. By Type
23.13.3. By End Use
23.14. Hungary Market Analysis
23.14.1. By Process
23.14.2. By Type
23.14.3. By End Use
23.15. Romania Market Analysis
23.15.1. By Process
23.15.2. By Type
23.15.3. By End Use
23.16. Czech Republic Market Analysis
23.16.1. By Process
23.16.2. By Type
23.16.3. By End Use
23.17. China Market Analysis
23.17.1. By Process
23.17.2. By Type
23.17.3. By End Use
23.18. Japan Market Analysis
23.18.1. By Process
23.18.2. By Type
23.18.3. By End Use
23.19. S. Korea Market Analysis
23.19.1. By Process
23.19.2. By Type
23.19.3. By End Use
23.20. India Market Analysis
23.20.1. By Process
23.20.2. By Type
23.20.3. By End Use
23.21. ASEAN Market Analysis
23.21.1. By Process
23.21.2. By Type
23.21.3. By End Use
23.22. Australia and New Zealand Market Analysis
23.22.1. By Process
23.22.2. By Type
23.22.3. By End Use
23.23. KSA Market Analysis
23.23.1. By Process
23.23.2. By Type
23.23.3. By End Use
23.24. UAE Market Analysis
23.24.1. By Process
23.24.2. By Type
23.24.3. By End Use
23.25. Northern Africa Market Analysis
23.25.1. By Process
23.25.2. By Type
23.25.3. By End Use
23.26. Türkiye Market Analysis
23.26.1. By Process
23.26.2. By Type
23.26.3. By End Use
23.27. South Africa Market Analysis
23.27.1. By Process
23.27.2. By Type
23.27.3. By End Use
23.28. Israel Market Analysis
23.28.1. By Process
23.28.2. By Type
23.28.3. By End Use
24. Market Structure Analysis
24.1. Market Analysis by Tier of Companies (Steel Sections)
24.2. Market Concentration
24.3. Market Share Analysis of Top Players
24.4. Production Capacity Analysis
24.5. Market Presence Analysis
24.5.1. By End Use Footprint of Players
24.5.2. By Regional Footprint of Players
24.5.3. By Channel Footprint of Players
25. Competition Analysis
25.1. Competition Dashboard
25.2. Competition Benchmarking
25.3. Competition Deep Dive
25.3.1. ArcelorMittal
25.3.1.1. Overview
25.3.1.2. Product Portfolio
25.3.1.3. Profitability by Market Segments (Product/Channel/Region)
25.3.1.4. Sales Footprint
25.3.1.5. Strategy Overview
25.3.2. Nippon Steel Corporation
25.3.2.1. Overview
25.3.2.2. Product Portfolio
25.3.2.3. Profitability by Market Segments (Product/Channel/Region)
25.3.2.4. Sales Footprint
25.3.2.5. Strategy Overview
25.3.3. POSCO
25.3.3.1. Overview
25.3.3.2. Product Portfolio
25.3.3.3. Profitability by Market Segments (Product/Channel/Region)
25.3.3.4. Sales Footprint
25.3.3.5. Strategy Overview
25.3.4. Tata Steel
25.3.4.1. Overview
25.3.4.2. Product Portfolio
25.3.4.3. Profitability by Market Segments (Product/Channel/Region)
25.3.4.4. Sales Footprint
25.3.4.5. Strategy Overview
25.3.5. Baosteel Group
25.3.5.1. Overview
25.3.5.2. Product Portfolio
25.3.5.3. Profitability by Market Segments (Product/Channel/Region)
25.3.5.4. Sales Footprint
25.3.5.5. Strategy Overview
25.3.6. JFE Steel Corporation
25.3.6.1. Overview
25.3.6.2. Product Portfolio
25.3.6.3. Profitability by Market Segments (Product/Channel/Region)
25.3.6.4. Sales Footprint
25.3.6.5. Strategy Overview
25.3.7. Thyssenkrupp AG
25.3.7.1. Overview
25.3.7.2. Product Portfolio
25.3.7.3. Profitability by Market Segments (Product/Channel/Region)
25.3.7.4. Sales Footprint
25.3.7.5. Strategy Overview
25.3.8. Nucor Corporation
25.3.8.1. Overview
25.3.8.2. Product Portfolio
25.3.8.3. Profitability by Market Segments (Product/Channel/Region)
25.3.8.4. Sales Footprint
25.3.8.5. Strategy Overview
25.3.9. SSAB AB
25.3.9.1. Overview
25.3.9.2. Product Portfolio
25.3.9.3. Profitability by Market Segments (Product/Channel/Region)
25.3.9.4. Sales Footprint
25.3.9.5. Strategy Overview
25.3.10. United States Steel Corporation
25.3.10.1. Overview
25.3.10.2. Product Portfolio
25.3.10.3. Profitability by Market Segments (Product/Channel/Region)
25.3.10.4. Sales Footprint
25.3.10.5. Strategy Overview
25.3.11. SAIL (Steel Authority of India Limited)
25.3.11.1. Overview
25.3.11.2. Product Portfolio
25.3.11.3. Profitability by Market Segments (Product/Channel/Region)
25.3.11.4. Sales Footprint
25.3.11.5. Strategy Overview
25.3.12. Emirates Steel
25.3.12.1. Overview
25.3.12.2. Product Portfolio
25.3.12.3. Profitability by Market Segments (Product/Channel/Region)
25.3.12.4. Sales Footprint
25.3.12.5. Strategy Overview
25.3.13. Evraz Group
25.3.13.1. Overview
25.3.13.2. Product Portfolio
25.3.13.3. Profitability by Market Segments (Product/Channel/Region)
25.3.13.4. Sales Footprint
25.3.13.5. Strategy Overview
25.3.14. Severstal
25.3.14.1. Overview
25.3.14.2. Product Portfolio
25.3.14.3. Profitability by Market Segments (Product/Channel/Region)
25.3.14.4. Sales Footprint
25.3.14.5. Strategy Overview
25.3.15. Gerdau S.A.
25.3.15.1. Overview
25.3.15.2. Product Portfolio
25.3.15.3. Profitability by Market Segments (Product/Channel/Region)
25.3.15.4. Sales Footprint
25.3.15.5. Strategy Overview
25.3.16. Celsa Group
25.3.16.1. Overview
25.3.16.2. Product Portfolio
25.3.16.3. Profitability by Market Segments (Product/Channel/Region)
25.3.16.4. Sales Footprint
25.3.16.5. Strategy Overview
25.3.17. Salzgitter AG
25.3.17.1. Overview
25.3.17.2. Product Portfolio
25.3.17.3. Profitability by Market Segments (Product/Channel/Region)
25.3.17.4. Sales Footprint
25.3.17.5. Strategy Overview
25.3.18. Hyundai Steel
25.3.18.1. Overview
25.3.18.2. Product Portfolio
25.3.18.3. Profitability by Market Segments (Product/Channel/Region)
25.3.18.4. Sales Footprint
25.3.18.5. Strategy Overview
25.3.19. Voestalpine AG
25.3.19.1. Overview
25.3.19.2. Product Portfolio
25.3.19.3. Profitability by Market Segments (Product/Channel/Region)
25.3.19.4. Sales Footprint
25.3.19.5. Strategy Overview
25.3.20. Hebei Iron and Steel Group
25.3.20.1. Overview
25.3.20.2. Product Portfolio
25.3.20.3. Profitability by Market Segments (Product/Channel/Region)
25.3.20.4. Sales Footprint
25.3.20.5. Strategy Overview
26. Assumptions and Acronyms Used27. Research Methodology
