Product Code: ETC13278136 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Steel Angles Market was valued at USD 5.5 Billion in 2024 and is expected to reach USD 7.5 Billion by 2031, growing at a compound annual growth rate of 4.40% during the forecast period (2025-2031).
The Global Steel Angles Market is witnessing steady growth due to its extensive applications in construction, manufacturing, and infrastructure projects. Steel angles are widely used for structural support, framing, and reinforcement due to their high strength and durability. The market is driven by increasing urbanization, industrialization, and infrastructure development worldwide. Key players in the market are focusing on product innovations, technological advancements, and strategic collaborations to enhance their market presence. Additionally, rising investments in the construction sector, particularly in emerging economies, are further driving the demand for steel angles. However, factors such as fluctuating raw material prices and environmental concerns related to steel production may pose challenges to market growth. Overall, the Global Steel Angles Market is poised for significant expansion in the coming years.
The Global Steel Angles Market is witnessing several key trends and opportunities. One notable trend is the increasing demand for steel angles in the construction industry, driven by infrastructure development projects worldwide. The market is also experiencing a shift towards sustainable practices, with a growing preference for eco-friendly steel angles produced through recycling processes. Additionally, technological advancements in steel manufacturing techniques, such as the use of automation and robotics, are enhancing production efficiency and product quality. Opportunities exist for market players to expand their product portfolios by offering customized steel angles for specific applications and catering to the evolving needs of industries like automotive, aerospace, and renewable energy. Collaboration with key stakeholders in the supply chain and strategic investments in R&D will be crucial for companies looking to capitalize on the growth prospects in the Global Steel Angles Market.
In the Global Steel Angles Market, challenges such as fluctuating raw material prices, increasing competition from alternative materials like aluminum and composites, and the impact of trade tariffs and regulations on international trade pose significant obstacles for industry players. Additionally, economic uncertainty, geopolitical tensions, and shifts in consumer preferences towards sustainable and environmentally friendly products further complicate the market landscape. Manufacturers in the steel angles market must navigate these challenges by focusing on innovation, cost efficiency, and strategic partnerships to maintain a competitive edge and sustain growth in the face of evolving market dynamics.
The Global Steel Angles Market is primarily driven by the growing demand for steel in various industries such as construction, infrastructure, automotive, and manufacturing. The increasing construction activities, particularly in emerging economies, are fueling the demand for steel angles for structural applications. Additionally, the rising focus on sustainable and energy-efficient construction practices is leading to a higher adoption of steel angles due to their durability and recyclability. Moreover, the expanding automotive sector, coupled with the growing urbanization and industrialization, is boosting the demand for steel angles for use in vehicle manufacturing and other applications. Furthermore, advancements in technology and production processes in the steel industry are also contributing to the growth of the global steel angles market.
Government policies related to the Global Steel Angles Market vary by country but generally focus on trade regulations, tariffs, and environmental standards. In the United States, for example, the Section 232 tariffs imposed by the Trump administration have significantly impacted steel imports and prices. In addition, countries like China have implemented measures to reduce steel overcapacity and improve environmental sustainability in the industry. The European Union has also taken steps to address unfair trade practices and ensure a level playing field for steel producers. Overall, government policies play a significant role in shaping the competitiveness and sustainability of the Global Steel Angles Market, with a focus on trade dynamics, environmental impact, and market regulation.
The Global Steel Angles Market is expected to witness steady growth in the coming years, driven by the increasing demand from various industries such as construction, infrastructure, and automotive. Factors such as urbanization, industrialization, and infrastructure development in emerging economies are likely to boost the market. Additionally, the growing trend of sustainable construction practices and the need for high-quality, durable materials are expected to further propel the demand for steel angles. However, challenges such as fluctuating raw material prices and stringent environmental regulations may impact the market growth. Overall, the market is forecasted to expand as key players focus on product innovation, strategic partnerships, and expanding their global presence to capitalize on the growing opportunities in the steel angles market.
In the global steel angles market, Asia holds the largest market share due to the rapid industrialization and infrastructure development in countries like China and India. North America follows closely behind, driven by the construction and automotive sectors. In Europe, the market is influenced by the presence of major steel manufacturers and ongoing investments in sustainable construction practices. The Middle East and Africa region is experiencing steady growth, supported by the increasing demand for steel angles in the oil and gas industry. Latin America also shows potential for market expansion, with a rising focus on infrastructure projects and urban development. Overall, these regional insights highlight the diverse factors shaping the global steel angles market and the opportunities for growth across different geographical regions.
Global Steel Angles Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Steel Angles Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Steel Angles Market Revenues & Volume, 2021 & 2031F |
3.3 Global Steel Angles Market - Industry Life Cycle |
3.4 Global Steel Angles Market - Porter's Five Forces |
3.5 Global Steel Angles Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Steel Angles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Steel Angles Market Revenues & Volume Share, By Angle Length, 2021 & 2031F |
3.8 Global Steel Angles Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Steel Angles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Steel Angles Market Trends |
6 Global Steel Angles Market, 2021 - 2031 |
6.1 Global Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Steel Angles Market, Revenues & Volume, By Stainless Steel, 2021 - 2031 |
6.1.3 Global Steel Angles Market, Revenues & Volume, By Mild Steel, 2021 - 2031 |
6.2 Global Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Steel Angles Market, Revenues & Volume, By Equal steel angle, 2021 - 2031 |
6.2.3 Global Steel Angles Market, Revenues & Volume, By Unequal steel angle, 2021 - 2031 |
6.3 Global Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Steel Angles Market, Revenues & Volume, By Infrastructure, 2021 - 2031 |
6.3.3 Global Steel Angles Market, Revenues & Volume, By Power Sectors, 2021 - 2031 |
6.3.4 Global Steel Angles Market, Revenues & Volume, By Transportation, 2021 - 2031 |
6.3.5 Global Steel Angles Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.3.6 Global Steel Angles Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Steel Angles Market, Overview & Analysis |
7.1 North America Steel Angles Market Revenues & Volume, 2021 - 2031 |
7.2 North America Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Steel Angles Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Steel Angles Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Steel Angles Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
7.5 North America Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Steel Angles Market, Overview & Analysis |
8.1 Latin America (LATAM) Steel Angles Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Steel Angles Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Steel Angles Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Steel Angles Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Steel Angles Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
8.5 Latin America (LATAM) Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Steel Angles Market, Overview & Analysis |
9.1 Asia Steel Angles Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Steel Angles Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Steel Angles Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Steel Angles Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Steel Angles Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
9.5 Asia Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Steel Angles Market, Overview & Analysis |
10.1 Africa Steel Angles Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Steel Angles Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Steel Angles Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Steel Angles Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Steel Angles Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
10.5 Africa Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Steel Angles Market, Overview & Analysis |
11.1 Europe Steel Angles Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Steel Angles Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Steel Angles Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Steel Angles Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Steel Angles Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
11.5 Europe Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Steel Angles Market, Overview & Analysis |
12.1 Middle East Steel Angles Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Steel Angles Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Steel Angles Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Steel Angles Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Steel Angles Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Steel Angles Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Steel Angles Market, Revenues & Volume, By Angle Length, 2021 - 2031 |
12.5 Middle East Steel Angles Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Steel Angles Market Key Performance Indicators |
14 Global Steel Angles Market - Export/Import By Countries Assessment |
15 Global Steel Angles Market - Opportunity Assessment |
15.1 Global Steel Angles Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Steel Angles Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Steel Angles Market Opportunity Assessment, By Angle Length, 2021 & 2031F |
15.4 Global Steel Angles Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Steel Angles Market - Competitive Landscape |
16.1 Global Steel Angles Market Revenue Share, By Companies, 2024 |
16.2 Global Steel Angles Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |