Structural Steel Market size Production Analysis and Geographical Performance Forecast to 2027
Market Analysis Market Research Future (MRFR) presumes the global structural steel market to witness a CAGR of around 5.3% from 2020 to 2027 (forecast period). Several Factors Contributing to Market Growth The global structural steel market size is expected to grow sustainably in the future years, owing to rising disposable income and technological advancements in prefabricated and pre-engineered building projects in the overall construction sector. High demand for infrastructure in emerging economies like China and India are likely to drive structural steel market expansion in the coming years. One of the trends in the construction sector that are predicted to boost demand for structural steel building designs throughout the forecast period is a greater emphasis on innovation in green construction materials. These materials are recyclable, eco-friendly, and help reduce greenhouse gas emissions. Demand for structural steel is also increasing as a result of the outstanding expansi...