Posts

Showing posts with the label Structural Steel Market 2028

Structural Steel Market To Expand Industry Growth At USD 146.41 Billion By 2028

Image
San Francisco, 14 March 2022:   The Report  Structural Steel Market  Size, Share & Trends Analysis Report By Application (Residential, Non-Residential), By Region (Asia Pacific, North America), And Segment Forecasts, 2021 - 2028 The global structural steel market size is expected to reach USD 146.41 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% over the forecast period. The market growth is attributed to the growth in the construction sector and rising demand for steel as a green and sustainable material. Structural steel is utilized for construction-related applications. Its high carbon content offers high strength and low ductility. It is available in the form of various shapes such as I-beam, Z-shape, angle, tee, bar, and rod, depending upon the applications. It can be customized into a variety of shapes in different thicknesses and sizes owing to its ductility. Based on application, the market is segmented into residential