Global Square Hollow Section Steel Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

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Square hollow section comes in various sizes, wall thicknesses and specifications. Square hollow sections or square tubes are made of either hot rolled, cold rolled, pre-galvanized or stainless steel to form cold and welded.

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Description

Global Square Hollow Section Steel Market By Type (Welded Square Hollow Section and Seamless Square Hollow Section); By Application (Agricultural, Construction, General Engineering, Mechanical Application and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.

Product Overview

Square hollow section comes in various sizes, wall thicknesses and specifications. Square hollow sections or square tubes are made of either hot rolled, cold rolled, pre-galvanized or stainless steel to form cold and welded. The suitable mother tube, a round steel tube, has to be formed first to form the square steel section. Using rolls from a round tube, this gradually presses the round tube into a square hollow section.

Market Highlights

Global Square Hollow Section Steel Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Growing residential and non-residential construction activities and development demand for steel products as building materials will promote growth for the hollow structural sector industry. Additionally, advanced building technologies like 3D printing and business information modeling are gaining rapid popularity in the engineering and construction sectors.
Global Square Hollow Section Steel Market: Segments

Global Square Hollow Section Steel Market is segmented on the basis of type, application and region.

By Type (in %), Global Square Hollow Section Steel Market, 2019
By type the market can be segmented into welded square hollow section and seamless square hollow section.

Global Square Hollow Section Steel Market Dynamics:

Increasing constructional activities and government initiatives to increase market growth

Growing residential and non-residential construction activities and development demand for steel products as building materials will promote growth for the hollow structural sector industry. Additionally, advanced building technologies like 3D printing and business information modeling are gaining rapid popularity in the engineering and construction sectors. This development is also expected to have a positive impact on demand for hollow section steel in industrial buildings in the years ahead.
Costly and fireproof treatment along with outdoor corrosion to hinder the market growth
Structural steel requires a costly, fireproof treatment and is susceptible to corrosion in outdoor environments. This can somewhat hamper the growth of industry.

Global Square Hollow Section Steel Market: Regions

In terms of value and volume, APAC accounted for XX% of total market volume share in 2019
Growing residential construction worldwide due to increasing income levels and urbanization in APAC region has led to increased building projects. Builders rely on the quality of the construction materials to create a solid building foundation. Increasing use of the product in the construction of residential buildings will have a positive impact on market trends in square hollow section steel.
The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.
Global Square Hollow Section Steel Market: Competitive landscape

In order to broaden their product range and increase their regional presence, manufacturers are involved in product launches, developments and collaborations along with support from government regulations, which may enable acquiring firms to leverage the long-term steel market.

Global Square Hollow Section Steel Market: Key players

• Arcelor Mittal
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Nippon Steel and Sumitomo Metal Corporation
• Hebei Steel Group
• Baosteel Group
• Shagang Group
• Ansteel Group
• Shougang Group
• JFE Steel Corporation
• Tata Steel Group
• Other prominent players

Global Square Hollow Section Steel Market report also contains analysis on:

Global Square Hollow Section Steel Market segments: –

• By Type:
o Welded Square hollow section
o Seamless Square hollow section
• By Application:

o Agricultural
o Construction
o General Engineering
o Mechanical Application
o Others

• Global Square Hollow Section Steel Market dynamics
• Global Square Hollow Section Steel Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Additional information

Publisher

Geography Covered

Date Published

,

Pages

Format

Table of Contents

1. Executive Summary
2. Square hollow section steel market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Market Dynamics
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. Correlation & Regression Analysis
6.1. Correlation Matrix
6.2. Regression Matrix
7. Recent Development, Policies & Regulatory Landscape
8. Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Square hollow section steel market Analysis
9.1. Porters Five Forces
9.1.1. Threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. Square hollow section steel market
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. Square hollow section steel market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Square hollow section steel market: Market Segmentation
12.1. By type: Market Share (2020-2030F)
12.1.1. Welded square hollow section, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Seamless square hollow section, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By application : Market Share (2020-2030F)
12.2.1. agricultural, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. construction, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. general engineering, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. mechanical application, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1. Arcelor Mittal
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Nippon Steel and Sumitomo Metal Corporation
13.3. Hebei Steel Group
13.4. Baosteel Group
13.5. Shagang Group
13.6. Ansteel Group
13.7. Shougang Group
13.8. JFE
13.9. Tata Steel Group
13.10. Other prominent players

14. Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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