Product Code: ETC13251128 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Steel Framing Market was valued at USD 29 Billion in 2024 and is expected to reach USD 38 Billion by 2031, growing at a compound annual growth rate of 3.90% during the forecast period (2025-2031).
The Global Steel Framing Market is witnessing steady growth driven by factors such as the increasing demand for cost-effective and sustainable construction solutions, especially in the residential and commercial sectors. Steel framing offers advantages like durability, strength, and resistance to pests and fire, making it a popular choice among builders and developers worldwide. The market is also benefiting from the rise in infrastructure development projects and the growing trend of modular and prefabricated construction methods. Key players in the market are focusing on innovation, product development, and strategic partnerships to enhance their market presence and meet the evolving needs of the construction industry. North America and Asia-Pacific regions are expected to dominate the market due to ongoing urbanization and industrialization trends driving the construction sector.
The Global Steel Framing Market is witnessing significant growth due to the increasing demand for sustainable and cost-effective construction solutions. The market is driven by the rising popularity of steel framing for residential and commercial buildings, as it offers durability, strength, and design flexibility. Additionally, the growing focus on reducing carbon footprint and construction waste is fueling the adoption of steel framing, which is recyclable and energy-efficient. Opportunities in the market include the expansion of infrastructure projects, technological advancements in steel framing materials, and the increasing preference for prefabricated construction methods. Key trends shaping the market include the use of advanced coatings for corrosion resistance, innovative design techniques, and the integration of automation and digital tools for improved efficiency in steel framing construction processes.
The Global Steel Framing Market faces various challenges, including fluctuating raw material prices, intense competition from alternative construction materials, and regulatory hurdles. The volatility in steel prices can impact the overall cost of steel framing, making it challenging for manufacturers to maintain profitability. Additionally, the growing popularity of alternative materials such as wood or composite materials poses a threat to the steel framing market. Furthermore, compliance with stringent building codes and regulations in different regions can add complexity and costs to steel framing projects. To stay competitive, steel framing companies need to innovate their products, streamline their operations, and adapt to evolving regulations and market trends.
The Global Steel Framing Market is being primarily driven by the increasing demand for sustainable construction solutions due to their durability, strength, and cost-effectiveness. Steel frames offer superior resistance to natural disasters such as earthquakes and hurricanes, making them a preferred choice for builders in regions prone to such events. Additionally, the growth of the construction industry, particularly in emerging economies, is fueling the demand for steel framing due to its versatility and ease of installation. Moreover, the rising trend of modular and prefabricated construction methods is further boosting the market as steel frames are ideal for off-site construction, reducing project timelines and costs. Overall, the Global Steel Framing Market is expected to continue growing as the construction sector increasingly adopts steel framing for its various advantages.
Government policies related to the Global Steel Framing Market vary by country. Some governments provide incentives for the use of steel framing in construction projects due to its durability, strength, and sustainability. In the United States, for example, the government offers tax credits and grants to encourage the adoption of steel framing in building projects. In contrast, some countries have implemented tariffs or trade restrictions on steel imports, impacting the availability and cost of steel framing materials in the market. Additionally, various countries have regulations in place to ensure the safety and quality of steel framing structures, such as building codes and standards that must be adhered to by manufacturers and construction companies operating in the industry. Overall, government policies play a significant role in shaping the growth and development of the Global Steel Framing Market.
The Global Steel Framing Market is poised for significant growth in the coming years due to the rising demand for sustainable and cost-effective construction solutions. As the construction industry continues to expand globally, steel framing is gaining popularity for its durability, versatility, and eco-friendly properties. The increasing focus on energy efficiency and green building practices is driving the adoption of steel framing systems, which offer superior strength-to-weight ratio and recyclability. Additionally, factors such as rapid urbanization, population growth, and government initiatives promoting infrastructure development are expected to further propel the market growth. With technological advancements in steel manufacturing and construction methods, the Global Steel Framing Market is forecasted to experience steady expansion and innovation, catering to the evolving needs of the construction sector.
In the Global Steel Framing Market, Asia holds a significant share due to rapid urbanization and infrastructure development in countries like China and India. North America is driven by the construction industry`s preference for steel framing due to its durability and strength. Europe is witnessing growth in the steel framing market, supported by stringent regulations promoting sustainable construction practices. The Middle East and Africa region is experiencing growth due to increasing investments in commercial and residential construction projects. Latin America is also emerging as a key market for steel framing, driven by the need for cost-effective and efficient building solutions. Overall, the global steel framing market is expected to continue growing across all regions due to the increasing demand for sustainable and resilient construction materials.
Global Steel Framing 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 Framing Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Steel Framing Market Revenues & Volume, 2021 & 2031F |
3.3 Global Steel Framing Market - Industry Life Cycle |
3.4 Global Steel Framing Market - Porter's Five Forces |
3.5 Global Steel Framing Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Steel Framing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Steel Framing Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Steel Framing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Steel Framing Market Trends |
6 Global Steel Framing Market, 2021 - 2031 |
6.1 Global Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Steel Framing Market, Revenues & Volume, By Skeleton steel framing, 2021 - 2031 |
6.1.3 Global Steel Framing Market, Revenues & Volume, By Wall bearing steel framing, 2021 - 2031 |
6.1.4 Global Steel Framing Market, Revenues & Volume, By Long span steel framing, 2021 - 2031 |
6.2 Global Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Steel Framing Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.2.3 Global Steel Framing Market, Revenues & Volume, By Residential, 2021 - 2031 |
6.2.4 Global Steel Framing Market, Revenues & Volume, By Industrial, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Steel Framing Market, Overview & Analysis |
7.1 North America Steel Framing Market Revenues & Volume, 2021 - 2031 |
7.2 North America Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Steel Framing Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Steel Framing Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Steel Framing Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Steel Framing Market, Overview & Analysis |
8.1 Latin America (LATAM) Steel Framing Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Steel Framing Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Steel Framing Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Steel Framing Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Steel Framing Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Steel Framing Market, Overview & Analysis |
9.1 Asia Steel Framing Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Steel Framing Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Steel Framing Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Steel Framing Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Steel Framing Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Steel Framing Market, Overview & Analysis |
10.1 Africa Steel Framing Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Steel Framing Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Steel Framing Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Steel Framing Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Steel Framing Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Steel Framing Market, Overview & Analysis |
11.1 Europe Steel Framing Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Steel Framing Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Steel Framing Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Steel Framing Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Steel Framing Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Steel Framing Market, Overview & Analysis |
12.1 Middle East Steel Framing Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Steel Framing Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Steel Framing Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Steel Framing Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Steel Framing Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Steel Framing Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Steel Framing Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Steel Framing Market Key Performance Indicators |
14 Global Steel Framing Market - Export/Import By Countries Assessment |
15 Global Steel Framing Market - Opportunity Assessment |
15.1 Global Steel Framing Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Steel Framing Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Steel Framing Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Steel Framing Market - Competitive Landscape |
16.1 Global Steel Framing Market Revenue Share, By Companies, 2024 |
16.2 Global Steel Framing Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |