Market Overview:
The global fabricated structural metal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fabricated structural metal from various end-use industries, such as aerospace, automotive, construction, defence, electronics, energy & power and manufacturing. In terms of type, the light sectional steel segment is projected to register the highest CAGR during the forecast period. This can be attributed to its growing use in lightweight applications across various end-use industries.
Product Definition:
Fabricated Structural Metal is a type of metal that is used in construction. It is made by fabricating it from other metals, usually sheets or plates. Fabricated structural metal is important because it can be used to create strong, durable structures.
Light Sectional Steel:
Light sectional steel is a type of hot rolled steel with a thickness of between 0.75 and 1.5 inches, which is used in the fabrication of structural metal products such as beams, channels, angles, etc. Light sectional steel has several advantages over heavy sectional products including ease in handling during installation and low cost for large volume purchases.
The global fabricated structural metal market size was valued at USD 522 billion in 2016.
Heavy Sectional Steel:
Heavy sectional steel is a form of structural metal that has a higher yield strength and corrosion resistance than conventional sections. It also has superior properties such as high tensile strength, good weldability, excellent forming characteristics, and easy fabricating process. The global fabricated structural metal market size was valued at USD 853 billion in 2016 which is expected to grow at an estimated CAGR of XX% from 2017 to 2022.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The growth can be attributed to increasing production of vehicles in emerging economies, such as India and China. In addition, demand from the automotive industry is also driven by an increase in consumer disposable income levels across various regions. Latin America fabricated structural metal market is expected to witness significant growth owing to a rise in manufacturing activities of automobiles and heavy machinery at present.
Aerospace was the second-largest application segment that accounted for a significant revenue share in 2017 due to growing passenger traffic on commercial aircrafts across several regions including North America and Europe Pacific countries. Moreover, manufacturers are investing more money on research & development activities related to new materials with better strength-to-weight ratio which can replace traditional aluminum alloys used till date for airframes manufacturing thereby driving demand over forecast period.
Regional Analysis:
Asia Pacific dominated the global fabricated structural metal market in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing production of automobiles, electronics, and other vehicles in key markets such as China, India, Japan, South Korea & Taiwan. In addition to this factor is also responsible for regional growth as major automobile manufacturers are shifting their production bases from developed regions such as North America and Europe to developing regions such as Asia Pacific where labor costs are comparatively lower.
The automotive industry holds a prominent place in Latin American countries like Brazil and Mexico owing to high demand for passenger cars on account of rising disposable income coupled with growing population. This has led major automobile manufacturers including Volkswagen Group; BMW AG; Ford Motor Company; Fiat Chrysler Automobiles N.V.; Hyundai Motor Company Ltd.; Kia Motors Corporation; Nissan Motor Corporation etc., etc.,etc.
Growth Factors:
- Increasing demand for fabricated structural metal in the construction industry as a result of growth in population and infrastructure development.
- Rising demand for fabricated structural metal from the automotive industry due to increasing production of vehicles globally.
- Growing use of fabricated structural metal in renewable energy projects owing to increase in adoption of clean energy sources worldwide.
- Rising demand for fabricated structural metal from the industrial sector due to expansion of manufacturing activities across regions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fabricated Structural Metal Market Research Report
By Type
Light Sectional Steel, Heavy Sectional Steel
By Application
Aerospace, Automotive, Construction, Defence, Electronics, Energy & Power, Manufacturing, Other
By Companies
Valmont Industries Inc., Nucor Corporation, Hyundai Steel Co., Ltd., JSW Steel Limited, Nippon Steel & Sumitomo Metal Corporation, POSCO, Anshan Iron & Steel Group Corporation, Arcelor Mittal S.A., Baogang Group, Benxi Beiying Iron & Steel Group Co. Ltd, Valmont Industries Inc., Evraz Group, Gerdau S.A., Hebei Steel Group, Hunan Valin Iron & Steel Group Co., Ltd, Steel Authority of India Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Fabricated Structural Metal Market Report Segments:
The global Fabricated Structural Metal market is segmented on the basis of:
Types
Light Sectional Steel, Heavy Sectional Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Automotive, Construction, Defence, Electronics, Energy & Power, Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Valmont Industries Inc.
- Nucor Corporation
- Hyundai Steel Co., Ltd.
- JSW Steel Limited
- Nippon Steel & Sumitomo Metal Corporation
- POSCO
- Anshan Iron & Steel Group Corporation
- Arcelor Mittal S.A.
- Baogang Group
- Benxi Beiying Iron & Steel Group Co. Ltd
- Valmont Industries Inc.
- Evraz Group
- Gerdau S.A.
- Hebei Steel Group
- Hunan Valin Iron & Steel Group Co., Ltd
- Steel Authority of India Limited
Highlights of The Fabricated Structural Metal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Sectional Steel
- Heavy Sectional Steel
- By Application:
- Aerospace
- Automotive
- Construction
- Defence
- Electronics
- Energy & Power
- Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fabricated Structural Metal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fabricated structural metal is a type of metal that has been fabricated into a specific shape or form. This can be done through various processes, including welding, cutting, and stamping. Fabricated structural metals are often used in construction projects due to their unique properties and capabilities. They are often lighter than traditional metals, which makes them more efficient when it comes to transportation and storage. Additionally, they can be easily modified or customized depending on the specific needs of the project.
Some of the major players in the fabricated structural metal market are Valmont Industries Inc., Nucor Corporation, Hyundai Steel Co., Ltd., JSW Steel Limited, Nippon Steel & Sumitomo Metal Corporation, POSCO, Anshan Iron & Steel Group Corporation, Arcelor Mittal S.A., Baogang Group, Benxi Beiying Iron & Steel Group Co. Ltd, Valmont Industries Inc., Evraz Group, Gerdau S.A., Hebei Steel Group, Hunan Valin Iron & Steel Group Co., Ltd, Steel Authority of India Limited.
The fabricated structural metal market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fabricated Structural Metal Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fabricated Structural Metal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fabricated Structural Metal Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fabricated Structural Metal Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fabricated Structural Metal Market Size & Forecast, 2018-2028
4.5.1 Fabricated Structural Metal Market Size and Y-o-Y Growth
4.5.2 Fabricated Structural Metal Market Absolute $ Opportunity
Chapter 5 Global Fabricated Structural Metal Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fabricated Structural Metal Market Size Forecast by Type
5.2.1 Light Sectional Steel
5.2.2 Heavy Sectional Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fabricated Structural Metal Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fabricated Structural Metal Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Construction
6.2.4 Defence
6.2.5 Electronics
6.2.6 Energy & Power
6.2.7 Manufacturing
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fabricated Structural Metal Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fabricated Structural Metal Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fabricated Structural Metal Analysis and Forecast
9.1 Introduction
9.2 North America Fabricated Structural Metal Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fabricated Structural Metal Market Size Forecast by Type
9.6.1 Light Sectional Steel
9.6.2 Heavy Sectional Steel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fabricated Structural Metal Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automotive
9.10.3 Construction
9.10.4 Defence
9.10.5 Electronics
9.10.6 Energy & Power
9.10.7 Manufacturing
9.10.8 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fabricated Structural Metal Analysis and Forecast
10.1 Introduction
10.2 Europe Fabricated Structural Metal Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fabricated Structural Metal Market Size Forecast by Type
10.6.1 Light Sectional Steel
10.6.2 Heavy Sectional Steel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fabricated Structural Metal Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automotive
10.10.3 Construction
10.10.4 Defence
10.10.5 Electronics
10.10.6 Energy & Power
10.10.7 Manufacturing
10.10.8 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fabricated Structural Metal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fabricated Structural Metal Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fabricated Structural Metal Market Size Forecast by Type
11.6.1 Light Sectional Steel
11.6.2 Heavy Sectional Steel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fabricated Structural Metal Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automotive
11.10.3 Construction
11.10.4 Defence
11.10.5 Electronics
11.10.6 Energy & Power
11.10.7 Manufacturing
11.10.8 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fabricated Structural Metal Analysis and Forecast
12.1 Introduction
12.2 Latin America Fabricated Structural Metal Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fabricated Structural Metal Market Size Forecast by Type
12.6.1 Light Sectional Steel
12.6.2 Heavy Sectional Steel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fabricated Structural Metal Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automotive
12.10.3 Construction
12.10.4 Defence
12.10.5 Electronics
12.10.6 Energy & Power
12.10.7 Manufacturing
12.10.8 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fabricated Structural Metal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fabricated Structural Metal Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fabricated Structural Metal Market Size Forecast by Type
13.6.1 Light Sectional Steel
13.6.2 Heavy Sectional Steel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fabricated Structural Metal Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automotive
13.10.3 Construction
13.10.4 Defence
13.10.5 Electronics
13.10.6 Energy & Power
13.10.7 Manufacturing
13.10.8 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fabricated Structural Metal Market: Competitive Dashboard
14.2 Global Fabricated Structural Metal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valmont Industries Inc.
14.3.2 Nucor Corporation
14.3.3 Hyundai Steel Co., Ltd.
14.3.4 JSW Steel Limited
14.3.5 Nippon Steel & Sumitomo Metal Corporation
14.3.6 POSCO
14.3.7 Anshan Iron & Steel Group Corporation
14.3.8 Arcelor Mittal S.A.
14.3.9 Baogang Group
14.3.10 Benxi Beiying Iron & Steel Group Co. Ltd
14.3.11 Valmont Industries Inc.
14.3.12 Evraz Group
14.3.13 Gerdau S.A.
14.3.14 Hebei Steel Group
14.3.15 Hunan Valin Iron & Steel Group Co., Ltd
14.3.16 Steel Authority of India Limited
