Global Steel Frames Market Research Report 2024(Status and Outlook)

December 2024 | 154 pages | ID: G062D9F6C658EN
Bosson Research

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Report Overview

Steel frames are a crucial component in the construction industry, offering structural support and durability to various types of buildings. These frames are typically made from steel beams and columns, providing strength and stability to structures. Steel frames are known for their high strength-to-weight ratio, fire resistance, and ability to be recycled, making them a popular choice in the construction sector.

The current market size for steel frames in 2023 is estimated at approximately USD 7.2 billion. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.8% from 2024 to 2032, reaching a projected value of USD 10.6 billion. This growth can be attributed to several key drivers and market forces.

One of the primary growth drivers for the steel frames market is the increasing demand for sustainable and eco-friendly construction materials. Steel frames are recyclable and contribute to green building certifications, making them attractive to environmentally conscious consumers and developers. Additionally, the growing trend of off-site construction and modular building techniques is driving the demand for steel frames due to their ease of assembly and cost-effectiveness.

Another significant factor fueling market growth is the rising investments in infrastructure development projects globally. Governments and private sector entities are investing heavily in infrastructure projects such as airports, bridges, and commercial buildings, driving the demand for steel frames. The superior strength and durability of steel frames make them ideal for large-scale construction projects that require long-lasting structural integrity.

Moreover, technological advancements in steel manufacturing processes have led to the development of high-strength steel alloys that offer enhanced performance characteristics. These innovations have expanded the application scope of steel frames in the construction industry, further boosting market growth.

In terms of regional market distribution, leading markets for steel frames include North America, Europe, and Asia Pacific. North America dominates the market due to the presence of established construction industries and stringent building regulations that favor the use of steel frames. Europe follows closely, driven by the emphasis on sustainable construction practices and the adoption of steel frames in modern architectural designs. Asia Pacific is experiencing significant growth in the steel frames market due to rapid urbanization, infrastructure development, and industrialization in countries like China and India.

Despite the positive outlook, the steel frames market faces challenges such as fluctuating raw material prices, regulatory hurdles, and competition from alternative building materials like timber and concrete. Manufacturers need to focus on innovation, sustainability, and cost-efficiency to stay competitive in the market and capitalize on emerging opportunities.

In conclusion, the steel frames market is poised for steady growth driven by factors such as sustainability trends, infrastructure investments, and technological advancements. Understanding market dynamics, regional trends, and key challenges will be essential for stakeholders to make informed decisions and capitalize on growth opportunities in the evolving construction industry landscape.

This report provides a deep insight into the global Steel Frames market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Steel Frames Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Steel Frames market in any manner.

Global Steel Frames Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

JINGGONG STEEL

CSCEC

HONGLU

Nakayama Mitsuboshi Steel

Steel Frame Solutions

Hangxiao

Southeast Space Frame

Hadley

FUHUANG

Zhejiang Zhongnan Construction

Aegis Metal Framing

Metek

GuangZheng

MBA Building Supplies

Steel Construction Systems

Market Segmentation (by Type)

General Steel Frame

Lightweight Steel Frame

Market Segmentation (by Application)

Construction & Infrastructure

Manufacturing

Oil and Gas

Others

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Steel Frames Market
  • Overview of the regional outlook of the Steel Frames Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Steel Frames Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.
1 RESEARCH METHODOLOGY AND STATISTICAL SCOPE

1.1 Market Definition and Statistical Scope of Steel Frames
1.2 Key Market Segments
  1.2.1 Steel Frames Segment by Type
  1.2.2 Steel Frames Segment by Application
1.3 Methodology & Sources of Information
  1.3.1 Research Methodology
  1.3.2 Research Process
  1.3.3 Market Breakdown and Data Triangulation
  1.3.4 Base Year
  1.3.5 Report Assumptions & Caveats

2 STEEL FRAMES MARKET OVERVIEW

2.1 Global Market Overview
  2.1.1 Global Steel Frames Market Size (M USD) Estimates and Forecasts (2019-2032)
  2.1.2 Global Steel Frames Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
2.4 Macroeconomic Analysis

3 STEEL FRAMES MARKET COMPETITIVE LANDSCAPE

3.1 Global Steel Frames Sales by Manufacturers (2019-2024)
3.2 Global Steel Frames Revenue Market Share by Manufacturers (2019-2024)
3.3 Steel Frames Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Steel Frames Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Steel Frames Sales Sites, Area Served, Product Type
3.6 Steel Frames Market Competitive Situation and Trends
  3.6.1 Steel Frames Market Concentration Rate
  3.6.2 Global 5 and 10 Largest Steel Frames Players Market Share by Revenue
  3.6.3 Mergers & Acquisitions, Expansion

4 STEEL FRAMES INDUSTRY CHAIN ANALYSIS

4.1 Steel Frames Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis

5 THE DEVELOPMENT AND DYNAMICS OF STEEL FRAMES MARKET

5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
  5.5.1 New Product Developments
  5.5.2 Mergers & Acquisitions
  5.5.3 Expansions
  5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies

6 STEEL FRAMES MARKET SEGMENTATION BY TYPE

6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Steel Frames Sales Market Share by Type (2019-2024)
6.3 Global Steel Frames Market Size Market Share by Type (2019-2024)
6.4 Global Steel Frames Price by Type (2019-2024)

7 STEEL FRAMES MARKET SEGMENTATION BY APPLICATION

7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Steel Frames Market Sales by Application (2019-2024)
7.3 Global Steel Frames Market Size (M USD) by Application (2019-2024)
7.4 Global Steel Frames Sales Growth Rate by Application (2019-2024)

8 STEEL FRAMES MARKET SALES BY REGION

8.1 Global Steel Frames Sales by Region
  8.1.1 Global Steel Frames Sales by Region
  8.1.2 Global Steel Frames Sales Market Share by Region
8.2 Global Steel Frames Market Size by Region
  8.2.1 Global Steel Frames Market Size by Region
  8.2.2 Global Steel Frames Market Size Market Share by Region
8.3 North America
  8.3.1 North America Steel Frames Sales by Country
  8.3.2 North America Steel Frames Market Size by Country
  8.3.3 U.S. Market Overview
  8.3.4 Canada Market Overview
  8.3.5 Mexico Market Overview
8.4 Europe
  8.4.1 Europe Steel Frames Sales by Country
  8.4.2 Europe Steel Frames Market Size by Country
  8.4.3 Germany Market Overview
  8.4.4 France Market Overview
  8.4.5 U.K. Market Overview
  8.4.6 Italy Market Overview
  8.4.7 Russia Market Overview
8.5 Asia Pacific
  8.5.1 Asia Pacific Steel Frames Sales by Region
  8.5.2 China
  8.5.3 Japan
  8.5.4 South Korea
  8.5.5 India
  8.5.6 Southeast Asia
8.6 Asia Pacific
  8.6.1 Asia Pacific Steel Frames Market Size by Region
  8.6.2 Asia Pacific Steel Frames Market Size by Region
  8.6.3 China
  8.6.4 Japan
  8.6.5 South Korea
  8.6.6 India
  8.6.7 Southeast Asia
8.7 South America
  8.7.1 South America Steel Frames Sales by Country
  8.7.2 South America Steel Frames Market Size by Country
  8.7.3 Brazil
  8.7.4 Argentina
  8.7.5 Columbia
8.8 Middle East and Africa
  8.8.1 Middle East and Africa Steel Frames Sales by Region
  8.8.2 Middle East and Africa Steel Frames Market Size by Region
  8.8.3 Saudi Arabia
  8.8.4 UAE
  8.8.5 Egypt
  8.8.6 Nigeria
  8.8.7 South Africa

9 STEEL FRAMES MARKET PRODUCTION BY REGION

9.1 Global Production of Steel Frames by Region (2019-2024)
9.2 Global Steel Frames Revenue Market Share by Region (2019-2024)
9.3 Global Steel Frames Production, Revenue, Price and Gross Margin (2019-2024)
9.4 North America Steel Frames Production
  9.4.1 North America Steel Frames Production Growth Rate (2019-2024)
  9.4.2 North America Steel Frames Production, Revenue, Price and Gross Margin (2019-2024)
9.5 Europe Steel Frames Production
  9.5.1 Europe Steel Frames Production Growth Rate (2019-2024)
  9.5.2 Europe Steel Frames Production, Revenue, Price and Gross Margin (2019-2024)
9.6 Japan Steel Frames Production (2019-2024)
  9.6.1 Japan Steel Frames Production Growth Rate (2019-2024)
  9.6.2 Japan Steel Frames Production, Revenue, Price and Gross Margin (2019-2024)
9.7 China Steel Frames Production (2019-2024)
  9.7.1 China Steel Frames Production Growth Rate (2019-2024)
  9.7.2 China Steel Frames Production, Revenue, Price and Gross Margin (2019-2024)

10 KEY COMPANIES PROFILE

10.1 JINGGONG STEEL
  10.1.1 JINGGONG STEEL Steel Frames Basic Information
  10.1.2 JINGGONG STEEL Steel Frames Product Overview
  10.1.3 JINGGONG STEEL Steel Frames Product Market Performance
  10.1.4 JINGGONG STEEL Business Overview
  10.1.5 JINGGONG STEEL Steel Frames SWOT Analysis
  10.1.6 JINGGONG STEEL Recent Developments
10.2 CSCEC
  10.2.1 CSCEC Steel Frames Basic Information
  10.2.2 CSCEC Steel Frames Product Overview
  10.2.3 CSCEC Steel Frames Product Market Performance
  10.2.4 CSCEC Business Overview
  10.2.5 CSCEC Steel Frames SWOT Analysis
  10.2.6 CSCEC Recent Developments
10.3 HONGLU
  10.3.1 HONGLU Steel Frames Basic Information
  10.3.2 HONGLU Steel Frames Product Overview
  10.3.3 HONGLU Steel Frames Product Market Performance
  10.3.4 HONGLU Steel Frames SWOT Analysis
  10.3.5 HONGLU Business Overview
  10.3.6 HONGLU Recent Developments
10.4 Nakayama Mitsuboshi Steel
  10.4.1 Nakayama Mitsuboshi Steel Steel Frames Basic Information
  10.4.2 Nakayama Mitsuboshi Steel Steel Frames Product Overview
  10.4.3 Nakayama Mitsuboshi Steel Steel Frames Product Market Performance
  10.4.4 Nakayama Mitsuboshi Steel Business Overview
  10.4.5 Nakayama Mitsuboshi Steel Recent Developments
10.5 Steel Frame Solutions
  10.5.1 Steel Frame Solutions Steel Frames Basic Information
  10.5.2 Steel Frame Solutions Steel Frames Product Overview
  10.5.3 Steel Frame Solutions Steel Frames Product Market Performance
  10.5.4 Steel Frame Solutions Business Overview
  10.5.5 Steel Frame Solutions Recent Developments
10.6 Hangxiao
  10.6.1 Hangxiao Steel Frames Basic Information
  10.6.2 Hangxiao Steel Frames Product Overview
  10.6.3 Hangxiao Steel Frames Product Market Performance
  10.6.4 Hangxiao Business Overview
  10.6.5 Hangxiao Recent Developments
10.7 Southeast Space Frame
  10.7.1 Southeast Space Frame Steel Frames Basic Information
  10.7.2 Southeast Space Frame Steel Frames Product Overview
  10.7.3 Southeast Space Frame Steel Frames Product Market Performance
  10.7.4 Southeast Space Frame Business Overview
  10.7.5 Southeast Space Frame Recent Developments
10.8 Hadley
  10.8.1 Hadley Steel Frames Basic Information
  10.8.2 Hadley Steel Frames Product Overview
  10.8.3 Hadley Steel Frames Product Market Performance
  10.8.4 Hadley Business Overview
  10.8.5 Hadley Recent Developments
10.9 FUHUANG
  10.9.1 FUHUANG Steel Frames Basic Information
  10.9.2 FUHUANG Steel Frames Product Overview
  10.9.3 FUHUANG Steel Frames Product Market Performance
  10.9.4 FUHUANG Business Overview
  10.9.5 FUHUANG Recent Developments
10.10 Zhejiang Zhongnan Construction
  10.10.1 Zhejiang Zhongnan Construction Steel Frames Basic Information
  10.10.2 Zhejiang Zhongnan Construction Steel Frames Product Overview
  10.10.3 Zhejiang Zhongnan Construction Steel Frames Product Market Performance
  10.10.4 Zhejiang Zhongnan Construction Business Overview
  10.10.5 Zhejiang Zhongnan Construction Recent Developments
10.11 Aegis Metal Framing
  10.11.1 Aegis Metal Framing Steel Frames Basic Information
  10.11.2 Aegis Metal Framing Steel Frames Product Overview
  10.11.3 Aegis Metal Framing Steel Frames Product Market Performance
  10.11.4 Aegis Metal Framing Business Overview
  10.11.5 Aegis Metal Framing Recent Developments
10.12 Metek
  10.12.1 Metek Steel Frames Basic Information
  10.12.2 Metek Steel Frames Product Overview
  10.12.3 Metek Steel Frames Product Market Performance
  10.12.4 Metek Business Overview
  10.12.5 Metek Recent Developments
10.13 GuangZheng
  10.13.1 GuangZheng Steel Frames Basic Information
  10.13.2 GuangZheng Steel Frames Product Overview
  10.13.3 GuangZheng Steel Frames Product Market Performance
  10.13.4 GuangZheng Business Overview
  10.13.5 GuangZheng Recent Developments
10.14 MBA Building Supplies
  10.14.1 MBA Building Supplies Steel Frames Basic Information
  10.14.2 MBA Building Supplies Steel Frames Product Overview
  10.14.3 MBA Building Supplies Steel Frames Product Market Performance
  10.14.4 MBA Building Supplies Business Overview
  10.14.5 MBA Building Supplies Recent Developments
10.15 Steel Construction Systems
  10.15.1 Steel Construction Systems Steel Frames Basic Information
  10.15.2 Steel Construction Systems Steel Frames Product Overview
  10.15.3 Steel Construction Systems Steel Frames Product Market Performance
  10.15.4 Steel Construction Systems Business Overview
  10.15.5 Steel Construction Systems Recent Developments

11 STEEL FRAMES MARKET FORECAST BY REGION

11.1 Global Steel Frames Market Size Forecast
11.2 Global Steel Frames Market Forecast by Region
  11.2.1 North America Market Size Forecast by Country
  11.2.2 Europe Steel Frames Market Size Forecast by Country
  11.2.3 Asia Pacific Steel Frames Market Size Forecast by Region
  11.2.4 South America Steel Frames Market Size Forecast by Country
  11.2.5 Middle East and Africa Forecasted Sales of Steel Frames by Country

12 FORECAST MARKET BY TYPE AND BY APPLICATION (2025-2032)

12.1 Global Steel Frames Market Forecast by Type (2025-2032)
  12.1.1 Global Forecasted Sales of Steel Frames by Type (2025-2032)
  12.1.2 Global Steel Frames Market Size Forecast by Type (2025-2032)
  12.1.3 Global Forecasted Price of Steel Frames by Type (2025-2032)
12.2 Global Steel Frames Market Forecast by Application (2025-2032)
  12.2.1 Global Steel Frames Sales (K MT) Forecast by Application
  12.2.2 Global Steel Frames Market Size (M USD) Forecast by Application (2025-2032)

13 CONCLUSION AND KEY FINDINGS


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