News & Updates
The global structural steel market is projected to reach $143 billion by 2030, driven by lightweight steel structures.
Category
Industry News
Date
2025-08-09
According to a recent report by Research & Markets, the global structural steel market is projected to expand significantly, reaching $143 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 4.7% starting from 2023.One of the primary growth drivers is the increasing popularity of light-gauge steel structures, the advantages of which include reduced material usage, enhanced cost-effectiveness, and design flexibility.ox-sizing: border-box; color: #333333; font-family: "SF Pro SC", "SF Pro Display", "SF Pro Icons", "PingFang SC", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px; background-color: #ffffff;" />