Steel hollow sections also known as structural steel tube and hollow structural sections (HSS) is a type of steel that is formed into a hollow tubular section.
Market Analysis and Insights: Global Steel Hollow Section Market
Due to the COVID-19 pandemic, the global Steel Hollow Section market size is estimated to be worth US$ 28740 million in 2021 and is forecast to a readjusted size of US$ 28740 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Steel Hollow Section global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The steel hollow section market is highly fragmented. The revenue of top ten manufacturers accounts about 33.5% of the total revenue market share in 2018.
Global Steel Hollow Section Scope and Market Size
The global Steel Hollow Section market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Steel Hollow Section market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Rectangular Hollow Section
Square Hollow Section
Circular Hollow Section
Other
Segment by Application
Construction
Machinery
Automotive
Furniture
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Yuantai Derun group
Youfa Steel Pipe Group
Zhengda Steel Pipe
Zekelman Industries
Nippon Steel
APL Apollo
Nucor Corporation
Arcelormittal
JFE Steel Corporation
Vallourec
Severstal
SSAB
Tata Steel
Market Analysis and Insights: Global Steel Hollow Section Market
Due to the COVID-19 pandemic, the global Steel Hollow Section market size is estimated to be worth US$ 28740 million in 2021 and is forecast to a readjusted size of US$ 28740 million by 2028 with a CAGR of 3.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Steel Hollow Section global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The steel hollow section market is highly fragmented. The revenue of top ten manufacturers accounts about 33.5% of the total revenue market share in 2018.
Global Steel Hollow Section Scope and Market Size
The global Steel Hollow Section market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Steel Hollow Section market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Rectangular Hollow Section
Square Hollow Section
Circular Hollow Section
Other
Segment by Application
Construction
Machinery
Automotive
Furniture
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Yuantai Derun group
Youfa Steel Pipe Group
Zhengda Steel Pipe
Zekelman Industries
Nippon Steel
APL Apollo
Nucor Corporation
Arcelormittal
JFE Steel Corporation
Vallourec
Severstal
SSAB
Tata Steel
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.