Structural Steel Market to Register 850 USD Billion by 2024
Dec 4, 2018
Market Study Report: The Report entitled 2018-2024 Global Structural steel Market Report explores the essential factors of the Structural steel market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario.
Selbyville, Delaware - December 4, 2018 /MarketersMedia/ —
UK structural steel market size from bridges is poised to witness gains at over 4% by 2024, owing to growing bridge construction for road, rail and sewer projects which is likely to support industry growth over the forecast timeframe. Initiations of major tunnel infrastructure projects and advancements in numerous london underground stations are projected to boost the industry.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1225369/
Historical data from 2013 is provided for structural steel market along with estimates and forecasts to 2024 based on segmentation of structural steel industry by product, by applications, companies and regions. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of structural steel market for the next few years keeping in mind the advancements happening in the sector.
U.S. may witness gains at over 5% by 2024 from energy development application of structural steel. These products are extensively used in numerous energy sector including nuclear, electric & natural gas and wind power plants and rigs with application in construction of transmission towers, oil and gas wells, transformer cores and pipelines. Increasing energy company activities to produce oil & gas, coal and renewable fuels are likely to fuel construction sector, therefore driving structural steel market product demand.
China structural steel market from I shaped heavy sections is projected to surpass USD 16 billion by 2024. I-beams are most widely used sections owing to their high strength and their applicability to create spacious and large rooms with slight support channels. Growing revamp activities in the region is likely to foster product demand as these beams are used to replace old structural channels with new ones. Its increasing usage in construction of frames for elevators, trolley truck beds, and trailer is likely to have a positive outlook on industry size.
Again, out of the scope of this structural steel market report, as per estimates, the year 2018 is expected to witness a slew of highly lucrative oil and gas projects, such as the USD 41 billion worth Southern Gas Corridor project, the USD 4.67 billion worth Coral South LNG project, off the Mozambique coast, the Libra Field project worth USD 91 billion, and more. It is rather overt that with the rising number O&G projects across the globe, the demand for offshore and onshore platforms in addition to other products for exploration and production will experience a surge, augmenting the revenue graph of structural steel market size from the oil and gas sector.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1225369/
Coming back to the premium report on structural steel market for 2018-2024, companies profiled in this research include Nippon Steel & Sumitomo Metal Corporation, POSCO, VISA Steel, Steel Authority of India Limited, Anyang Iron & Steel Group Co., Ltd., Baosteel Company, Tata Steel, China Steel Corporation, Novolipetsk Steel, ArcelorMittal S.A., Shagang Group Company Limited, Hesteel Group Company Limited, Shaaban Group, Gerdau Steel India Pvt. Ltd., Steel Limited, Maanshan Iron and Steel Company, Nucor Corporation, Nanjing Iron & Steel United Co., Ltd., Erdemir Group, Hunan Valin Iron & Steel Group Co., Ltd., Evraz Group, Hyundai Steel Co., Ltd. (HSC), Wuhan Iron & Steel (Group) Corp., Liberty OneSteel Manufacturing, Gunung Steel Group, Jindal Steel and Power Ltd., Salzgitter AG, Stahlwerk Thuringen GmbH, AFV Acciaierie Beltrame SpA, Duferdofin-Nucor Srl, Riva Fire SpA, Celsa Cia Espanola de Laminacion SL, British Steel, HBIS Group Co. ltd, JFE Steel Corporation, Voestalpine AG, Severstal, SSAB AB, POSCO SS Vina and AK Steel Holding Corporation.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3 Structural Steel Industry Insights
Chapter 4 Structural Steel Market, By Product
Chapter 5 Structural Steel Market, By Application
Chapter 6 Structural Steel Market, By Region
Chapter 7. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/structural-steel-market
Related Report:
World Electrical Steel Market by Product Type, Market, Players and Regions-Forecast to 2023
Electrical Steel market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Market Study Report
Address: 4 North Main Street, Selbyville, Delaware 19975 USA
Phone: 1-302-273-0910Website: https://www.marketstudyreport.com
Source URL: https://marketersmedia.com/structural-steel-market-to-register-850-usd-billion-by-2024/454289
Source: MarketersMedia
Release ID: 454289
More News
From fleecing fans to 25-hour washer-dryer cycle: Shonky’s top awards named
Virgin Australia, Ticketek, Ticketmaster and Sony are among this year’s winners of the infamous award from consumer advocate CHOICE.
Superquiz, Wednesday, November 4
Trivia buffs, test your knowledge with today’s interactive superquiz.
Why Chinese AI stars like Z.ai, MiniMax struggle to match Anthropic’s profit margin
US artificial intelligence giant Anthropic’s initial public offering prospectus has exposed a vast profitability gap between it and rivals Z.ai and MiniMax, highlighting the challenges facing China’s AI model developers in turning technological advances into sustainable businesses. The Claude developer’s filing with the US Securities and Exchange Commission (SEC) last week revealed a significant financial advantage over its most direct Chinese counterparts, despite the latter’s continued...
China tests wave-piercing stealth trimaran as unconventional naval fleet grows
China appears to be testing a stealthy new trimaran at sea, according to a photograph circulating on social media, in what could be a further effort to develop unconventional naval platforms. The image first emerged on Weibo on Sunday and appears to show a vessel featuring an inverted wave-piercing bow, three-hull design and angular superstructure surfaces that could be intended to reduce its radar signature. The vessel, which is fitted with a prominent antenna mast and multiple dome-shaped...
5 Hong Kong universities in Asia’s top 10, with 3 in top 5 after more than a decade
Five Hong Kong universities have been ranked among Asia’s top 10, with three of them in the top five for the first time in more than a decade and the University of Hong Kong (HKU) retaining its No 1 spot, according to an annual UK survey. Meanwhile, three universities in mainland China were ranked in the top 10. Peking University held on to second place, Tsinghua University leapt from ninth to third and Fudan University dropped from fifth to sixth, giving the mainland two universities in the top...
Redmagic 12 Pro gets global release, now available in Singapore *Updated*
Despite being one of the few gaming phones out there left, it still packs in the latest and greatest.
One-eyed dog eludes California rescuers for weeks: 'Anchovy Jack can run fast, jump high'
The dog had escaped from his new home in San Francisco days after undergoing surgery and his adoption from an East Bay organization.
Let you entertain us? Any time, Robbie. Any time
Over 15 minutes Robbie Williams delivered a knockout set that will linger in the memory for years to come. And it was just the beginning.
Mind-controlled drone-flying at Hong Kong’s Being Human Festival among varied programme
Think you can steer a drone using nothing more than your own concentrated thoughts? It may sound like science fiction, but mind-controlled drone-flying is one of the free activities the public can take part in at the upcoming Being Human Festival in Hong Kong. Running from November 5 to 15, the festival is the first Hong Kong edition of the UK’s national festival of the humanities, which was founded in 2014. Organised by the University of Hong Kong (HKU)’s Faculty of Arts under the theme...
U.S. midterm polls open on a consequential vote for Americans and Trump
The Democrats hope to flip control of the Senate and House of Representatives to wrest power away from Trump and his Republican Party.
If the Democrats win the U.S. midterms, what would change for Canada?
Democratic candidates have seized on U.S. President Donald Trump's tariff policies and trade war against Canada, linking them to affordability struggles.
Beijing offers to boost China-Pakistan corridor safety as terror threat grows
China has pledged to work with Pakistan to advance “high-level security cooperation” and ensure the safety of a joint flagship infrastructure project that has become a target for terrorists. That was the message Liu Haixing, head of the Communist Party’s International Department, conveyed in talks with Pakistan defence forces chief Asim Munir and Prime Minister Shehbaz Sharif on Monday, as part of his first official visit to the South Asian country since taking office just over a year ago. In...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.