The total size of the structural metal products market was USD 448.3 billion in 2021, which will reach USD 764.0 billion by 2030, powering at a rate of 6.1% in the years to come, as said by P&S Intelligence.

Improving infra in the transportation sector will deliver the finest market prospects. Casings, metal liners, culverts, plates, and bar joists are put to use widely in the construction of bridges, highways, and railways. Consequently, support of the government for highways and other transportation infra supports businesses in earning more money.

Additionally, highway financing from governments will rise in the future, delivering ample prospects to businesses operational in this field. For instance, the Indian government will spend roughly USD 750 billion on railway infra between 2018 and 2030.

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Germany is the third-largest importer of steel globally and is the key hub of firms involved in constructing metallic supports and structures for commercial and residential buildings. Therefore, the nation holds around one-third of the revenue generated in the sector in the EU member states.

The use of structural metal products in the residential industry is the highest and will witness the same in the years to come. As stated by a report, China's property developers constructed 9,268 million square meters of floor space in 2020, which is around 4% over 2019.

Also, Africa’s property sector is evolving and a huge investment can be seen by worldwide developers. Therefore, the increasing requirement for residential buildings will drive the requirement for structural metal products in the years to come.