Fabricated Structural Metal Market
Fabricated Structural Metal Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Fabricated Structural Metal Market Size and Growth
The Fabricated Structural Metal market is witnessing robust growth, driven by rising construction activities and infrastructure development. As of 2023, the market size is estimated to reach approximately $130 billion, with a projected CAGR of 5.2%. Trends favor sustainability and innovation, enhancing competitiveness and efficiency in fabrication processes.
Companies Covered
(Covid 19 Impact Covered)
◍ Valmont Industries Inc.
◍ Nucor Corporation
◍ Hyundai Steel Co., Ltd.
◍ JSW Steel Limited
◍ Nippon Steel & Sumitomo Metal Corporation
◍ POSCO
The fabricated structural metal market features key players like Valmont Industries, Nucor, and ArcelorMittal, among others, contributing to growth through innovative products and expanding applications in construction and infrastructure. They leverage advanced manufacturing techniques and strategic partnerships. Revenue highlights include Nucor: $26 billion, ArcelorMittal: $76 billion, and POSCO: $60 billion.
◍ Anshan Iron & Steel Group Corporation
◍ Arcelor Mittal S.A.
◍ Baogang Group
◍ Benxi Beiying Iron & Steel Group Co. Ltd
◍ Bohai Steel Group Co. Ltd.
◍ Evraz Group
◍ Gerdau S.A.
◍ Hebei Steel Group
◍ Hunan Valin Iron & Steel Group Co., Ltd
◍ Steel Authority of India Limited
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Market Segmentation
By Application
Aerospace
Automotive ◍ Construction
Defence
Electronics
Energy & Power
Manufacturing
Other
By Product
◍ Light Sectional Steel
Heavy Sectional Steel
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Market Growth
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$ X Billion USD
