Market Overview:
The global I-beam market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for I-beams from various end-use industries, such as building, road & bridge, heavy machinery, marine, railway and others. In terms of type, the hot-rolled I-beam segment is expected to dominate the market during the forecast period owing to its high strength and durability as compared to other types of beams. In terms of region, North America is expected to lead the global I beam market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
An I-beam, also known as H-beam, W-beam, Universal Beam (UB), or Double Tee (DT), is a beam with an "I" shaped cross section. The horizontal elements of the "I" are flanges, while the vertical element is the web. I-beams are usually made of steel, but can be made of other materials such as aluminium or reinforced concrete.
Hot-rolled I- Beams:
Hot-rolled I-beams are made from steel and can be used in various structural applications. They are widely used in the construction of buildings, bridges, and other infrastructure due to their high strength characteristics. The global hot rolled i-beam market is expected to witness significant growth over the forecast period owing to its wide range of application scope coupled with a stable demand outlook for building & construction industry.
Welded I- Beams:
Welded I-Beams are a special type of steel joist that is used in the construction of buildings. They have wide applications in high rise building structures, where they are used as a primary support for the flooring systems and also to provide additional lateral resistance to wind loads.
The product finds its major application in commercial and residential buildings for use as part of an architectural beam or structural member.
Application Insights:
The application segment includes building, road and bridge, heavy machinery, marine, railway and others. Building was the largest revenue generating segment in 2017. The global demand for steel I-beams for buildings is expected to witness growth on account of its excellent load-bearing capacity as well as resistance to corrosion and other environmental factors such as weather conditions under which it is used.
Building applications include residential structures along with industrial facilities including offices or storage spaces where the structure needs to be strong but also needs to be lightweight due to space limitations. These beams are widely used in residential construction owing to their ability not only withstand vertical loads but also horizontal forces imposed upon them from the foundation of a building or structure.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure activities, coupled with rapid industrialization and urbanization. Moreover, rising population in countries such as India and China has led to an increase in housing needs which will further boost product demand.
The European market was valued at USD X million in 2017 owing to high consumption of structural steel products due to their well-established automotive sector along with other industries such as construction, marine & shipbuilding that require I-beams for structural support are also contributing towards regional growth.
North America accounted for a significant share of the overall revenue due to growing infrastructure projects including airports, sports stadiums among others on account of increased government spending on infrastructural development across U S would drive industry expansion over the next eight years (2018 To 2030).
Growth Factors:
- Increasing demand from construction and infrastructure sectors
- Rising use of I-beams in modular construction
- Growing popularity of prefabricated buildings
- Proliferation of online marketplaces for buying steel beams
- Increasing awareness about the benefits of using I-beams
Scope Of The Report
Report Attributes
Report Details
Report Title
I Beam Market Research Report
By Type
Hot-rolled I- Beams, Welded I- Beams
By Application
Building, Road & Bridge, Heavy Machinery, Marine, Railway, Others
By Companies
ArcelorMittal, China Baowu Steel Group, Nippon Steel Corporation, POSCO, JFE Steel Corporation, Shougang, Tata Steel, Yamato Steel, Tung Ho Steel, YEOU CHYR, China Steel Corporation, Gunung Steel Group
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global I Beam Market Report Segments:
The global I Beam market is segmented on the basis of:
Types
Hot-rolled I- Beams, Welded I- Beams
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
Building, Road & Bridge, Heavy Machinery, Marine, Railway, Others
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:
- ArcelorMittal
- China Baowu Steel Group
- Nippon Steel Corporation
- POSCO
- JFE Steel Corporation
- Shougang
- Tata Steel
- Yamato Steel
- Tung Ho Steel
- YEOU CHYR
- China Steel Corporation
- Gunung Steel Group
Highlights of The I Beam 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:
- Hot-rolled I- Beams
- Welded I- Beams
- By Application:
- Building
- Road & Bridge
- Heavy Machinery
- Marine
- Railway
- Others
- 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 I Beam 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?
I Beam is a blockchain-based platform that allows for the secure and transparent sharing of data between businesses. I Beam uses a shared ledger to ensure that data is accurate and tamper-proof, allowing companies to share information more easily and securely.
Some of the key players operating in the i beam market are ArcelorMittal, China Baowu Steel Group, Nippon Steel Corporation, POSCO, JFE Steel Corporation, Shougang, Tata Steel, Yamato Steel, Tung Ho Steel, YEOU CHYR, China Steel Corporation, Gunung Steel Group.
The i beam market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 I Beam 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 I Beam Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 I Beam 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 I Beam 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 I Beam Market Size & Forecast, 2020-2028
4.5.1 I Beam Market Size and Y-o-Y Growth
4.5.2 I Beam Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hot-rolled I- Beams
5.2.2 Welded I- Beams
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Building
6.2.2 Road & Bridge
6.2.3 Heavy Machinery
6.2.4 Marine
6.2.5 Railway
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global I Beam 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 I Beam 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hot-rolled I- Beams
9.6.2 Welded I- Beams
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 Market Size Forecast by Applications
9.10.1 Building
9.10.2 Road & Bridge
9.10.3 Heavy Machinery
9.10.4 Marine
9.10.5 Railway
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hot-rolled I- Beams
10.6.2 Welded I- Beams
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 Market Size Forecast by Applications
10.10.1 Building
10.10.2 Road & Bridge
10.10.3 Heavy Machinery
10.10.4 Marine
10.10.5 Railway
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hot-rolled I- Beams
11.6.2 Welded I- Beams
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 Market Size Forecast by Applications
11.10.1 Building
11.10.2 Road & Bridge
11.10.3 Heavy Machinery
11.10.4 Marine
11.10.5 Railway
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hot-rolled I- Beams
12.6.2 Welded I- Beams
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 Market Size Forecast by Applications
12.10.1 Building
12.10.2 Road & Bridge
12.10.3 Heavy Machinery
12.10.4 Marine
12.10.5 Railway
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hot-rolled I- Beams
13.6.2 Welded I- Beams
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) Market Size Forecast by Applications
13.10.1 Building
13.10.2 Road & Bridge
13.10.3 Heavy Machinery
13.10.4 Marine
13.10.5 Railway
13.10.6 Others
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 I Beam Market: Competitive Dashboard
14.2 Global I Beam Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ArcelorMittal
14.3.2 China Baowu Steel Group
14.3.3 Nippon Steel Corporation
14.3.4 POSCO
14.3.5 JFE Steel Corporation
14.3.6 Shougang
14.3.7 Tata Steel
14.3.8 Yamato Steel
14.3.9 Tung Ho Steel
14.3.10 YEOU CHYR
14.3.11 China Steel Corporation
14.3.12 Gunung Steel Group
