Steel Frame Structure Market size was valued at USD 18.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.2% from 2026 to 2033, reaching USD 29.2 Billion by 2033.
In 2022, the global structural steel market was valued at approximately USD 123.1 billion and is projected to reach USD 174.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. Asia Pacific dominated the market, holding a revenue share of about 69% in 2023, driven by increased investments in housing and commercial sectors in developing economies such as China and India. North America is anticipated to register a CAGR of 4.7% over the forecast period, with aging infrastructure being a key factor for rising product demand in the region. Europe is projected to grow at a robust CAGR of 7.23% through the projection period, stimulated by substantial investments in sustainable infrastructure and green building practices. The Middle East & Africa region is expected to grow at a considerable CAGR over the forecast period, with numerous upcoming projects such as the Abrahamic Family House in Abu Dhabi and the Baynouna Solar Park in Jordan augmenting market growth. Additionally, the structural steel market in Asia Pacific has gained traction due to ongoing construction developments in countries like China, Japan, and India. Furthermore, the surge in using steel frames in the renewable energy sector, particularly for supporting solar PV panels and wind energy turbines, is contributing to market expansion.
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Canam Group
Nucor
Valmont Industries
DBM Global
DSI Spaceframes
Levstal Group
Hindustan Alcox
Nakayama Mitsuboshi Steel
Polarkon
MODSTEEL
Soleh Esterabad
Delta Structures
Tata BlueScope Steel
Hadley Group
Steel Frame Solutions
Clyde Industrial
MiTek
MBA Building Supplies
Steel Construction Systems
Honglu Steel Structure
ZHEJIANG JINGGONG STEEL BUILDING GROUP
China Construction Steel Structure
Hangxiao Steel Structure
Zhejiang Southeast Space Frame
Fuhuang Steel Structure
Zhejiang Zhongnan Construction Group Steel Structure
Guangzheng Steel Structure
Union Construction Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Steel Frame Structure Market
Single Steel Frames
Multi-Story Steel Frames
Composite Frames
Modular Steel Frames
Lightweight Steel Structures
Medium Weight Steel Structures
Heavyweight Steel Structures
Infrastructure (Bridges, Highways)
Commercial Buildings (Offices, Retail)
Residential Buildings (Apartments, Villas)
Industrial Buildings (Manufacturing, Warehouses)
Conventional Designs
Seismic Designs
Wind-Resistant Designs
Environmentally Sustainable Designs
Hot-Rolled Steel Frames
Cold-Formed Steel Frames
Pre-engineered Steel Frames
Laser-Cut Steel Frames
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Steel Frame Structure Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Steel Frame Structure Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Steel Frame Structure Market, By Type
6. Global Steel Frame Structure Market, By Application
7. Global Steel Frame Structure Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Steel Frame Structure Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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