| Product Code: ETC13376448 | 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 Structure Market was valued at USD 122.6 Billion in 2024 and is expected to reach USD 172.5 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).
The global steel structure market is witnessing steady growth attributed to factors such as increasing construction activities, infrastructure development projects, and the demand for sustainable and cost-effective building solutions. Key trends driving the market include the rising adoption of pre-engineered buildings, advancements in steel manufacturing technologies, and the growing popularity of steel structures in commercial, industrial, and residential sectors. Additionally, stringent building codes and regulations emphasizing safety and durability are boosting the demand for steel structures globally. The market is highly competitive, with key players focusing on expanding their product portfolios, enhancing design capabilities, and investing in research and development to offer innovative solutions. Geographically, Asia Pacific dominates the market due to rapid urbanization, industrialization, and government initiatives towards sustainable infrastructure development. The global steel structure market is projected to continue its growth trajectory in the coming years.
The Global Steel Structure Market is experiencing significant growth due to increasing urbanization, industrialization, and infrastructural development projects worldwide. The rising demand for sustainable and cost-effective construction solutions is driving the adoption of steel structures. Additionally, the steel structure market is benefiting from advancements in technology, such as Building Information Modeling (BIM) and computer-aided design tools, which are enhancing the efficiency and precision of steel structure fabrication and installation processes. Opportunities in the market include the growing preference for lightweight and earthquake-resistant steel structures, as well as the increasing focus on green building practices. Overall, the Global Steel Structure Market is poised for continued expansion, particularly in emerging economies where rapid urbanization is driving the need for durable and flexible construction solutions.
The Global Steel Structure Market faces several challenges, including fluctuating raw material prices, intense competition from alternative construction materials, and regulatory hurdles related to environmental concerns and safety standards. Additionally, the market is impacted by economic uncertainties and geopolitical tensions, which can lead to fluctuations in demand and investment patterns. Innovation and technological advancements are essential for steel structure manufacturers to stay competitive and meet the evolving needs of the construction industry. Adapting to changing market dynamics, focusing on sustainability, and improving cost-efficiency are key strategies for companies operating in the Global Steel Structure Market to overcome these challenges and maintain a strong position in the industry.
The Global Steel Structure Market is primarily driven by the growth in construction and infrastructure development activities worldwide. The increasing demand for steel structures can be attributed to their durability, strength, and cost-effectiveness compared to traditional building materials. Additionally, the rising trend of urbanization, industrialization, and the need for sustainable and energy-efficient construction practices are further fueling the market growth. Moreover, advancements in technology, such as the use of computer-aided design and manufacturing processes, are enhancing the efficiency and customization capabilities of steel structures, attracting more industries and sectors to adopt steel as their preferred construction material. Overall, the market is expected to continue expanding due to these factors driving the demand for steel structures across various applications globally.
Government policies related to the Global Steel Structure Market vary by country but generally focus on trade regulations, environmental standards, and infrastructure development. Countries like the US and China have implemented tariffs and quotas to protect their domestic steel industries, while others, such as Germany and Japan, have adopted more open trade policies. Additionally, many governments are emphasizing sustainability by setting strict environmental regulations for steel production. Furthermore, initiatives to boost infrastructure development, such as investment in transportation and construction projects, are also influencing the steel structure market. Overall, government policies play a significant role in shaping the dynamics of the Global Steel Structure Market by impacting trade, environmental practices, and infrastructure projects.
The Global Steel Structure Market is poised for steady growth in the coming years, driven by increasing investments in infrastructure development, industrial construction, and the rise in demand for prefabricated steel structures. The market is expected to benefit from the durability, cost-effectiveness, and sustainability of steel structures, particularly in seismic-prone regions. Additionally, advancements in technology such as Building Information Modeling (BIM) and automation are likely to enhance the efficiency and precision of steel structure manufacturing processes. However, challenges such as fluctuating raw material prices and environmental concerns related to steel production may impact market growth. Overall, the Global Steel Structure Market is anticipated to expand, supported by urbanization trends, the need for efficient construction solutions, and the strong demand for durable and versatile building materials.
In the global steel structure market, Asia is expected to dominate in terms of market share due to rapid industrialization and infrastructure development in countries like China and India. North America is expected to witness steady growth driven by investments in commercial and residential construction projects. Europe is likely to experience moderate growth as the region focuses on sustainable building practices. The Middle East and Africa region is expected to see growth in the oil and gas sector, driving demand for steel structures. Latin America is anticipated to register growth in the construction industry, boosting the demand for steel structures. Overall, the global steel structure market is projected to experience robust growth across all regions, supported by urbanization, industrialization, and infrastructure development initiatives.
Global Steel Structure 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 Structure Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Steel Structure Market Revenues & Volume, 2021 & 2031F |
3.3 Global Steel Structure Market - Industry Life Cycle |
3.4 Global Steel Structure Market - Porter's Five Forces |
3.5 Global Steel Structure Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Steel Structure Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Steel Structure Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Global Steel Structure Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Steel Structure Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Steel Structure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Steel Structure Market Trends |
6 Global Steel Structure Market, 2021 - 2031 |
6.1 Global Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Steel Structure Market, Revenues & Volume, By Prefabricated Steel Structure, 2021 - 2031 |
6.1.3 Global Steel Structure Market, Revenues & Volume, By Heavy Steel Structure, 2021 - 2031 |
6.1.4 Global Steel Structure Market, Revenues & Volume, By Light Steel Structure, 2021 - 2031 |
6.1.5 Global Steel Structure Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Steel Structure Market, Revenues & Volume, By Carbon Steel, 2021 - 2031 |
6.2.3 Global Steel Structure Market, Revenues & Volume, By Stainless Steel, 2021 - 2031 |
6.2.4 Global Steel Structure Market, Revenues & Volume, By Galvanized Steel, 2021 - 2031 |
6.2.5 Global Steel Structure Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Steel Structure Market, Revenues & Volume, By Commercial Buildings, 2021 - 2031 |
6.3.3 Global Steel Structure Market, Revenues & Volume, By Bridges, 2021 - 2031 |
6.3.4 Global Steel Structure Market, Revenues & Volume, By Industrial Warehouses, 2021 - 2031 |
6.3.5 Global Steel Structure Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Steel Structure Market, Revenues & Volume, By Real Estate, 2021 - 2031 |
6.4.3 Global Steel Structure Market, Revenues & Volume, By Infrastructure, 2021 - 2031 |
6.4.4 Global Steel Structure Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
6.4.5 Global Steel Structure Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Steel Structure Market, Overview & Analysis |
7.1 North America Steel Structure Market Revenues & Volume, 2021 - 2031 |
7.2 North America Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Steel Structure Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Steel Structure Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Steel Structure Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
7.5 North America Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Steel Structure Market, Overview & Analysis |
8.1 Latin America (LATAM) Steel Structure Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Steel Structure Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Steel Structure Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Steel Structure Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Steel Structure Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
8.5 Latin America (LATAM) Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Steel Structure Market, Overview & Analysis |
9.1 Asia Steel Structure Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Steel Structure Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Steel Structure Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Steel Structure Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Steel Structure Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
9.5 Asia Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Steel Structure Market, Overview & Analysis |
10.1 Africa Steel Structure Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Steel Structure Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Steel Structure Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Steel Structure Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Steel Structure Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
10.5 Africa Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Steel Structure Market, Overview & Analysis |
11.1 Europe Steel Structure Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Steel Structure Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Steel Structure Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Steel Structure Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Steel Structure Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
11.5 Europe Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Steel Structure Market, Overview & Analysis |
12.1 Middle East Steel Structure Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Steel Structure Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Steel Structure Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Steel Structure Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Steel Structure Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Steel Structure Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Steel Structure Market, Revenues & Volume, By Material, 2021 - 2031 |
12.5 Middle East Steel Structure Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Steel Structure Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Steel Structure Market Key Performance Indicators |
14 Global Steel Structure Market - Export/Import By Countries Assessment |
15 Global Steel Structure Market - Opportunity Assessment |
15.1 Global Steel Structure Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Steel Structure Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Steel Structure Market Opportunity Assessment, By Material, 2021 & 2031F |
15.4 Global Steel Structure Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Steel Structure Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Steel Structure Market - Competitive Landscape |
16.1 Global Steel Structure Market Revenue Share, By Companies, 2024 |
16.2 Global Steel Structure Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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