Market Overview:
The global structural steel plate 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 structural steel plates from various end-use industries, such as construction, transportation, and machinery. In addition, the growing infrastructure development activities across the globe are also fueling the demand for structural steel plates. Based on type, I-beam is expected to account for a major share of the global structural steel plate market in 2018. This can be attributed to its high strength-to-weight ratio and ability to withstand high loads without any deformation or failure.
Product Definition:
A structural steel plate is a flat sheet of metal that has been used in construction for centuries. The metal is strong and durable, making it perfect for use in buildings and other structures.
I-Beam:
The global I-beam, it's usage and growth factor in structural steel plate market size was valued at USD 8.5 billion in 2015. The increasing demand for lightweight materials from the automotive industry is expected to drive product consumption over the forecast period. In addition, growing construction activities across various regions are anticipated to propel product demand over the next seven years.
Angle (L-Shape):
Angle (L-Shape) is a structural steel plate with two legs that are connected by a horizontal angle in the shape of L. It has high demand in construction and building industry due to its cost effectiveness, low maintenance properties, easy installation process and versatile applications. The market for angle iron or flat iron is expected to grow at a higher rate than structural steel owing to their low prices as compared to other types of structural steel such as round-shaped and hexagonal shaped products.
Application Insights:
The construction industry accounted for a volume share of over 50% in 2017. The growth can be attributed to the growing infrastructure spending by governments across the world. The Asia Pacific and Middle East & Africa are projected to witness significant growth in infrastructure activities, thereby supporting product demand over the forecast period.
Structural steel is widely used in buildings and other structures for its aesthetic appearance, durability, low maintenance cost, high strength-to-weight ratio and flexibility which makes it an ideal material choice. It is extensively used for commercial constructions as well as residential buildings owing to these aforementioned factors driving its demand worldwide. Increasing investments by companies/government agencies towards research & development activities pertaining to green building materials with low carbon footprint will support market growth over the coming years.
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 construction activities, mainly in China and India. In addition, rising demand for industrial buildings is anticipated to drive the regional market over the forecast period.
The European region accounted for a share of more than 20% in terms of volume owing to high steel production levels observed in Germany, Italy, U.K., Spain and other countries as a result of increased construction activities post-referendum on Brexit as well as general elections held recently across Europe are expected to boost steel consumption levels significantly which will have a positive impact on overall industry growths over next few years.
North America emerged as one of the prominent consumers due to presence major application industries such as machinery & equipment manufacturing; transportation & storage; building & construction; oil field services sector that drives product demand from U S A along with Canada.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rising demand for steel plates from the automotive sector
- Growing use of steel plates in shipbuilding and other marine applications
- Rising consumption of steel plates in the energy sector
- increasing demand for high-strength low-alloy (HSLA) steels
Scope Of The Report
Report Attributes
Report Details
Report Title
Structural Steel Plate Market Research Report
By Type
I-Beam, Angle (L-Shape)
By Application
Construction Industry, Transportation Industry, Machinery Industry, Others
By Companies
Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp, JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel, Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, Hyundai Steel, Nucor Steel, Baosteel, Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Structural Steel Plate Market Report Segments:
The global Structural Steel Plate market is segmented on the basis of:
Types
I-Beam, Angle (L-Shape)
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 Industry, Transportation Industry, Machinery Industry, 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:
- Gerdau S.A
- ArcelorMittal
- Tata Steel
- Nippon Steel Sumitomo Metal
- POSCO
- ThyssenKrupp
- JSW Steel
- Essar Steel
- TISCO
- Southern Steel Company (SSC)
- Pomina
- Krakatau Steel
- Sahaviriya Steel Industries
- G Steel PCL
- SAMC
- Capitol Steel
- Hyundai Steel
- Nucor Steel
- Baosteel
- Ansteel
- Wuhan Iron and Steel
- Shagang Group
- Shandong Iron & Steel Group
- Ma Steel
- Bohai Steel
- Shougang Group
- Valin Steel
- Anyang Iron & Steel Group
- Baogang Group
Highlights of The Structural Steel Plate 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:
- I-Beam
- Angle (L-Shape)
- By Application:
- Construction Industry
- Transportation Industry
- Machinery Industry
- 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 Structural Steel Plate 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.
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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?
Structural steel plate is a type of metal that is used to build structures. It is made from a variety of metals, including iron, steel, and aluminum. Structural steel plates are often used to create walls, roofs, and other parts of buildings.
Some of the major players in the structural steel plate market are Gerdau S.A, ArcelorMittal, Tata Steel, Nippon Steel Sumitomo Metal, POSCO, ThyssenKrupp, JSW Steel, Essar Steel, TISCO, Southern Steel Company (SSC), Pomina, Krakatau Steel, Sahaviriya Steel Industries, G Steel PCL, SAMC, Capitol Steel, Hyundai Steel, Nucor Steel, Baosteel, Ansteel, Wuhan Iron and Steel, Shagang Group, Shandong Iron & Steel Group, Ma Steel, Bohai Steel, Shougang Group, Valin Steel, Anyang Iron & Steel Group, Baogang Group.
The structural steel plate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Structural Steel Plate 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. Structural Steel Plate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Structural Steel Plate Market - Supply Chain
4.5. Global Structural Steel Plate Market Forecast
4.5.1. Structural Steel Plate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Structural Steel Plate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Structural Steel Plate Market Absolute $ Opportunity
5. Global Structural Steel Plate 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. Structural Steel Plate Market Size and Volume Forecast by Type
5.3.1. I-Beam
5.3.2. Angle (L-Shape)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Structural Steel Plate 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. Structural Steel Plate Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Transportation Industry
6.3.3. Machinery Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Structural Steel Plate 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. Structural Steel Plate 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 Structural Steel Plate 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. Structural Steel Plate 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 Structural Steel Plate Demand Share Forecast, 2019-2026
9. North America Structural Steel Plate 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 Structural Steel Plate 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 Structural Steel Plate Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Transportation Industry
9.4.3. Machinery Industry
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 Structural Steel Plate Market Size and Volume Forecast by Type
9.7.1. I-Beam
9.7.2. Angle (L-Shape)
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 Structural Steel Plate Demand Share Forecast, 2019-2026
10. Latin America Structural Steel Plate 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 Structural Steel Plate 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 Structural Steel Plate Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Transportation Industry
10.4.3. Machinery Industry
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 Structural Steel Plate Market Size and Volume Forecast by Type
10.7.1. I-Beam
10.7.2. Angle (L-Shape)
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 Structural Steel Plate Demand Share Forecast, 2019-2026
11. Europe Structural Steel Plate 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 Structural Steel Plate 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 Structural Steel Plate Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Transportation Industry
11.4.3. Machinery Industry
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 Structural Steel Plate Market Size and Volume Forecast by Type
11.7.1. I-Beam
11.7.2. Angle (L-Shape)
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 Structural Steel Plate Demand Share, 2019-2026
12. Asia Pacific Structural Steel Plate 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 Structural Steel Plate 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 Structural Steel Plate Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Transportation Industry
12.4.3. Machinery Industry
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 Structural Steel Plate Market Size and Volume Forecast by Type
12.7.1. I-Beam
12.7.2. Angle (L-Shape)
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 Structural Steel Plate Demand Share, 2019-2026
13. Middle East & Africa Structural Steel Plate 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 Structural Steel Plate 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 Structural Steel Plate Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Transportation Industry
13.4.3. Machinery Industry
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 Structural Steel Plate Market Size and Volume Forecast by Type
13.7.1. I-Beam
13.7.2. Angle (L-Shape)
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 Structural Steel Plate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Structural Steel Plate Market: Market Share Analysis
14.2. Structural Steel Plate Distributors and Customers
14.3. Structural Steel Plate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gerdau S.A
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ArcelorMittal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata 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. Nippon Steel Sumitomo Metal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. POSCO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ThyssenKrupp
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JSW Steel
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Essar 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. TISCO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Southern Steel Company (SSC)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pomina
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Krakatau Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sahaviriya Steel Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. G Steel PCL
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SAMC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Capitol Steel
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hyundai Steel
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nucor Steel
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Baosteel
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ansteel
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
