Structural Steel Market Size Worth $146.41 Billion By 2028
Structural Steel Industry Overview The structural steel market size was valued at USD 96.94 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2021 to 2028. Infrastructural developments, in both developing as well as developed countries, are anticipated to remain primary factors driving the demand for structural steel. The growing housing needs, as a result of the increasing population across the globe, is also among the key factors driving the product demand. As per the projections estimated by the United Nations, the global population will reach 11.2 billion by 2100, which, in turn, is expected to augment the demand for new houses, thus, indirectly contributing to the growth of the market. The growing preference for sustainable materials is driving the market in the U.S. Gather more insights about the market drivers, restrains and growth of the Global Structural Steel Market Structural steel is cons...