Global Structural Steel Market: Regional Insights
Based on geography, the global structural steel market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific is estimated to hold the largest share of the global structural steel market over the forecast period. The region is expected to witness robust growth due to the rising population and government initiatives for improving housing conditions. In addition, the increase in infrastructure development is likely to boost the market growth.
Europe is also anticipated to witness substantial growth in the structural steel market during the forecast period. This market is expected to benefit from the increased reconstruction and renovation activities in Germany.
North America is also expected to experience significant growth in the structural steel market. The region is expected to experience a surge in the construction industry due to a rapidly developing economy and the rise in spending on building and infrastructure projects.
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