Market Overview:
The global steel framing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel framing in construction and infrastructure, manufacturing, oil and gas, and other applications. In terms of type, the clear-span rigid frame structure segment is expected to lead the global steel framing market during the forecast period. This can be attributed to its high strength-to-weight ratio and easy installation process as compared to other types of steel frames.
Product Definition:
Steel framing is the use of steel components to create a building frame, as opposed to using timber or other materials. Steel framing offers advantages in terms of strength, fire protection and energy efficiency.
Clear-Span Rigid Frame Structure:
Clear-span rigid frame structure is a new term in the steel framing industry. It was introduced by the prominent players of construction equipment to differentiate their product from other conventional span tables with frames. The main objective of this innovation was to increase safety and stability at high load capacities, which are typical for heavy machinery used in construction activities.
The clear-span rigid frame structure has been designed considering all safety requirements as per current standards (EN14126).
The Modular Structural Frame:
The modular structural frame is a construction system that involves the use of multiple steel-based components to create structures. These frames are used in various applications such as commercial buildings, residential homes, schools, hospitals and other public infrastructure. The modular structural frame offers advantages such as faster construction time and cost-effectiveness which has resulted in its increased popularity among contractors and architects.
The global market for modular structural framing was valued at USD 3 billion in 2015.
Application Insights:
The construction and infrastructure application segment accounted for the largest market share in 2017. This is attributed to the rising demand for steel framing in residential, commercial, and infrastructural projects across the globe. The rise in urbanization has led to an increase in construction activities of residential buildings, offices, schools and colleges as well as public amenities such as markets places and hospitals. This factor is likely to drive product demand over the forecast period.
The manufacturing segment was valued at USD 24 billion in 2017 owing to increasing utilization of these products by manufacturers of consumer goods including refrigerators/freezers, washing machines etc., industrial machinery & equipment such as oil refining units petrochemical plants power stations etc., transportation equipment including railways cars ships aircraft tanks lorries etc.
Regional Analysis:
Asia Pacific dominated the global steel framing market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to grow at a significant rate over the forecast period. This growth can be attributed to increasing construction activities, coupled with growing industrialization across various economies including China, India, Indonesia, Vietnam among others.
The Middle East & Africa market was valued at USD X billion in 2017.
In North America countries such as Canada have invested heavily on public works projects including bridges.
Growth Factors:
- Increasing demand for steel framing in non-residential construction due to its advantages over traditional construction methods.
- Rising demand for prefabricated steel framing in the residential sector due to its speed of installation and lower cost.
- Growing popularity of green building practices that favor the use of steel framing over other materials due to its recyclability and energy efficiency.
- Technological advancements that have led to the development of new products and applications for steel framing, such as cold-formed steel framing which is stronger and lighter than traditional hot-rolled steel framing products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Framing Market Research Report
By Type
Clear-Span Rigid Frame Structure, The Modular Structural Frame, Single Slope Frame Style
By Application
Construction & Infrastructure, Manufacturing, Oil and Gas, Others
By Companies
Keymark Enterprises, Aegis Metal Framing, The Steel Framing Company, Voestalpine Metsec, Hadley Group, Quail Run Building Materials, ClarkDietrich Building Systems, Olmar Supply, MB Steel, J.N. Linrose Manufacturing
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Steel Framing Market Report Segments:
The global Steel Framing market is segmented on the basis of:
Types
Clear-Span Rigid Frame Structure, The Modular Structural Frame, Single Slope Frame Style
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
Construction & Infrastructure, Manufacturing, Oil and Gas, 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:
- Keymark Enterprises
- Aegis Metal Framing
- The Steel Framing Company
- Voestalpine Metsec
- Hadley Group
- Quail Run Building Materials
- ClarkDietrich Building Systems
- Olmar Supply
- MB Steel
- J.N. Linrose Manufacturing
Highlights of The Steel Framing 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:
- Clear-Span Rigid Frame Structure
- The Modular Structural Frame
- Single Slope Frame Style
- By Application:
- Construction & Infrastructure
- Manufacturing
- Oil and Gas
- 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 Steel Framing 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Steel framing is a system of supporting a building or structure with steel beams and columns. The use of steel in construction dates back to the early 1800s, when it was first used in bridges and other large structures. Today, steel framing is the most common type of structural support used in buildings.
Some of the key players operating in the steel framing market are Keymark Enterprises, Aegis Metal Framing, The Steel Framing Company, Voestalpine Metsec, Hadley Group, Quail Run Building Materials, ClarkDietrich Building Systems, Olmar Supply, MB Steel, J.N. Linrose Manufacturing.
The steel framing market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Framing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Steel Framing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Framing Market - Supply Chain
4.5. Global Steel Framing Market Forecast
4.5.1. Steel Framing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Framing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Framing Market Absolute $ Opportunity
5. Global Steel Framing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Steel Framing Market Size and Volume Forecast by Type
5.3.1. Clear-Span Rigid Frame Structure
5.3.2. The Modular Structural Frame
5.3.3. Single Slope Frame Style
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Framing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Steel Framing Market Size and Volume Forecast by Application
6.3.1. Construction & Infrastructure
6.3.2. Manufacturing
6.3.3. Oil and Gas
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Framing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Steel Framing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Steel Framing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Steel Framing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Steel Framing Demand Share Forecast, 2019-2026
9. North America Steel Framing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Steel Framing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Steel Framing Market Size and Volume Forecast by Application
9.4.1. Construction & Infrastructure
9.4.2. Manufacturing
9.4.3. Oil and Gas
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Framing Market Size and Volume Forecast by Type
9.7.1. Clear-Span Rigid Frame Structure
9.7.2. The Modular Structural Frame
9.7.3. Single Slope Frame Style
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Steel Framing Demand Share Forecast, 2019-2026
10. Latin America Steel Framing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Steel Framing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Steel Framing Market Size and Volume Forecast by Application
10.4.1. Construction & Infrastructure
10.4.2. Manufacturing
10.4.3. Oil and Gas
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Framing Market Size and Volume Forecast by Type
10.7.1. Clear-Span Rigid Frame Structure
10.7.2. The Modular Structural Frame
10.7.3. Single Slope Frame Style
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Steel Framing Demand Share Forecast, 2019-2026
11. Europe Steel Framing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Steel Framing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Steel Framing Market Size and Volume Forecast by Application
11.4.1. Construction & Infrastructure
11.4.2. Manufacturing
11.4.3. Oil and Gas
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Framing Market Size and Volume Forecast by Type
11.7.1. Clear-Span Rigid Frame Structure
11.7.2. The Modular Structural Frame
11.7.3. Single Slope Frame Style
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tye
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Steel Framing Demand Share, 2019-2026
12. Asia Pacific Steel Framing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Steel Framing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Steel Framing Market Size and Volume Forecast by Application
12.4.1. Construction & Infrastructure
12.4.2. Manufacturing
12.4.3. Oil and Gas
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Framing Market Size and Volume Forecast by Type
12.7.1. Clear-Span Rigid Frame Structure
12.7.2. The Modular Structural Frame
12.7.3. Single Slope Frame Style
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Steel Framing Demand Share, 2019-2026
13. Middle East & Africa Steel Framing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Steel Framing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Steel Framing Market Size and Volume Forecast by Application
13.4.1. Construction & Infrastructure
13.4.2. Manufacturing
13.4.3. Oil and Gas
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Framing Market Size and Volume Forecast by Type
13.7.1. Clear-Span Rigid Frame Structure
13.7.2. The Modular Structural Frame
13.7.3. Single Slope Frame Style
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Steel Framing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Framing Market: Market Share Analysis
14.2. Steel Framing Distributors and Customers
14.3. Steel Framing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Keymark Enterprises
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aegis Metal Framing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Steel Framing Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Voestalpine Metsec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hadley Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Quail Run Building Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ClarkDietrich Building Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Olmar Supply
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MB Steel
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. J.N. Linrose Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
