The global steel hollow section market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for steel in various applications such as construction, mechanical application, and agricultural sector. The increasing demand for steel in these applications is due to the growing population and urbanization which leads to increased construction activities and infrastructure development.
The global steel hollow section market can be segmented on the basis of type into HoFinished Hollow Sections, Seamless Hollow Sections, Welded Hollow Sections; on the basis of application into agricultural sector, construction sector, general engineering sector and mechanical application; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
- Increasing demand for steel in the construction industry.
- Increasing demand for steel in the automotive industry.
- Increasing demand for steel in the energy sector.
- Rising prices of raw materials such as iron ore and coal.
- Rising wages.
Industry Growth Insights published a new data on “Steel Hollow Section Market”. The research report is titled “Steel Hollow Section Market research by Types (Hot-Finished Hollow Sections, Seamless Hollow Sections, Welded Hollow Sections), By Applications (Agricultural, Construction, General Engineering, Mechanical Application, Others), By Players/Companies Tata Steel, SSAB, Barrett Steel, Liberty House Group, Viohalco Group, Hyundai Steel, Anyang Steel Group, Celsa Steel”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Hollow Section Market Research Report
By Type
Hot-Finished Hollow Sections, Seamless Hollow Sections, Welded Hollow Sections
By Application
Agricultural, Construction, General Engineering, Mechanical Application, Others
By Companies
Tata Steel, SSAB, Barrett Steel, Liberty House Group, Viohalco Group, Hyundai Steel, Anyang Steel Group, Celsa Steel
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Steel Hollow Section Market Report Segments:
The global Steel Hollow Section market is segmented on the basis of:
Types
Hot-Finished Hollow Sections, Seamless Hollow Sections, Welded Hollow Sections
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
Agricultural, Construction, General Engineering, Mechanical Application, 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:
- Tata Steel
- SSAB
- Barrett Steel
- Liberty House Group
- Viohalco Group
- Hyundai Steel
- Anyang Steel Group
- Celsa Steel
Highlights of The Steel Hollow Section 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-Finished Hollow Sections
- Seamless Hollow Sections
- Welded Hollow Sections
- By Application:
- Agricultural
- Construction
- General Engineering
- Mechanical Application
- 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 Hollow Section 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
- Channel & Customer 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 Hollow Section is a type of steel tubing used in the construction of pipelines, tanks, and other large metal structures. The hollow section is created by cutting the steel tube into smaller pieces that are then welded together. This creates a tube that has many small holes or openings throughout its length. This design allows for greater flexibility and strength when compared to traditional solid tubes
Some of the key players operating in the steel hollow section market are Tata Steel, SSAB, Barrett Steel, Liberty House Group, Viohalco Group, Hyundai Steel, Anyang Steel Group, Celsa Steel.
The steel hollow section market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Hollow Section 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 Hollow Section Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Hollow Section Market - Supply Chain
4.5. Global Steel Hollow Section Market Forecast
4.5.1. Steel Hollow Section Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Hollow Section Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Hollow Section Market Absolute $ Opportunity
5. Global Steel Hollow Section 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 Hollow Section Market Size and Volume Forecast by Type
5.3.1. Hot-Finished Hollow Sections
5.3.2. Seamless Hollow Sections
5.3.3. Welded Hollow Sections
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
6.3.1. Agricultural
6.3.2. Construction
6.3.3. General Engineering
6.3.4. Mechanical Application
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Hollow Section 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 Hollow Section 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 Hollow Section 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 Hollow Section 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 Hollow Section Demand Share Forecast, 2019-2029
9. North America Steel Hollow Section 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 Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
9.4.1. Agricultural
9.4.2. Construction
9.4.3. General Engineering
9.4.4. Mechanical Application
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Hollow Section Market Size and Volume Forecast by Type
9.7.1. Hot-Finished Hollow Sections
9.7.2. Seamless Hollow Sections
9.7.3. Welded Hollow Sections
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 Hollow Section Demand Share Forecast, 2019-2029
10. Latin America Steel Hollow Section 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 Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
10.4.1. Agricultural
10.4.2. Construction
10.4.3. General Engineering
10.4.4. Mechanical Application
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Hollow Section Market Size and Volume Forecast by Type
10.7.1. Hot-Finished Hollow Sections
10.7.2. Seamless Hollow Sections
10.7.3. Welded Hollow Sections
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 Hollow Section Demand Share Forecast, 2019-2029
11. Europe Steel Hollow Section 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 Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
11.4.1. Agricultural
11.4.2. Construction
11.4.3. General Engineering
11.4.4. Mechanical Application
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Hollow Section Market Size and Volume Forecast by Type
11.7.1. Hot-Finished Hollow Sections
11.7.2. Seamless Hollow Sections
11.7.3. Welded Hollow Sections
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 Hollow Section Demand Share, 2019-2029
12. Asia Pacific Steel Hollow Section 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 Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
12.4.1. Agricultural
12.4.2. Construction
12.4.3. General Engineering
12.4.4. Mechanical Application
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Hollow Section Market Size and Volume Forecast by Type
12.7.1. Hot-Finished Hollow Sections
12.7.2. Seamless Hollow Sections
12.7.3. Welded Hollow Sections
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 Hollow Section Demand Share, 2019-2029
13. Middle East & Africa Steel Hollow Section 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 Hollow Section 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 Hollow Section Market Size and Volume Forecast by Application
13.4.1. Agricultural
13.4.2. Construction
13.4.3. General Engineering
13.4.4. Mechanical Application
13.4.5. 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 Hollow Section Market Size and Volume Forecast by Type
13.7.1. Hot-Finished Hollow Sections
13.7.2. Seamless Hollow Sections
13.7.3. Welded Hollow Sections
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 Hollow Section Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Steel Hollow Section Market: Market Share Analysis
14.2. Steel Hollow Section Distributors and Customers
14.3. Steel Hollow Section Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tata Steel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SSAB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Barrett Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Liberty House Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Viohalco 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. Hyundai Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anyang Steel Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Celsa Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
