Expect a Surge in the Architectural And Structural Metals Market, Foreseeing Growth from $643.22 Billion in 2024 to $827.69 Billion in 2029

The architectural and structural metals market has shown substantial growth in recent years. The market size, valued at $643.22 billion in 2024, is forecasted to rise to $682.81 billion in 2025, at a compound annual growth rate (CAGR) of 6.2%. This past growth largely attributes to advancements in construction and infrastructure development, increased urbanization and population growth, rising industrial and commercial construction, evolving architectural trends, and significant government investment in infrastructure. The market is anticipated to experience steady growth over the coming years, expected to reach $827.69 billion in 2029 at a CAGR of 4.9%. Prominent growth factors during the forecast period include sustainable construction practices, renewable energy projects, smart building technologies, global urbanization trends, and infrastructure resilience and upgrades. Notable market trends include a focused approach on building information modeling (BIM), energy-efficient building envelopes, urbanization and infrastructure development, the use of recycled and upcycled metals, and the influence of global architectural trends.

Set yourself up with a Free Sample of The Global Architectural And Structural Metals Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9706&type=smp

What are the Driving Factors Propelling the Architectural And Structural Metals Market?
The flourishing construction industry is a key driver propelling the architectural and structural metals market forward. Architectural and structural metals are essential in building impressive and durable infrastructure due to their resistance to corrosion, ductility, and lightweight properties. As a matter of fact, according to the Office of National Statistics, the total new work construction output surged by 15.8% in November 2023, reaching a historical milestone value of £132,989 million in 2023. Moreover, during 2022, Tthere was an increase in total new work by £18,161 million, with private sector growth at 16.8% and public sector growth at 13.1%. Hence, the evolution of the construction industry significantly drives the architectural and structural metals market.

What are the Leading Market Segments in the Architectural And Structural Metals Market?
The architectural and structural metals market is segmented as follows:
– By Type: Plate Work And Fabricated Structural Products, Ornamental And Architectural Metal Products
– By Application: Construction, Manufacturing, Other Applications

Order your report now for immediate delivery:
https://www.thebusinessresearchcompany.com/report/architectural-and-structural-metals-global-market-report

Who are the Major Players Operating in the Architectural And Structural Metals Market?
Key players in the architectural and structural metals market include NCI Building Systems Inc., Gibraltar Industries Inc., Valmont Industries Inc., Arconic Inc., Nucor Corporation, United States Steel Corporation, ArcelorMittal SA, China Baowu Steel Group, JFE Steel Corporation, Nippon Steel Corporation, Tata Steel Ltd., Larson Manufacturing Company Inc., Jeld Wen Inc., Defiance Metal Products Co., TrueNorth Steel Inc., DuraVent Inc., Worthington Industries Inc., Steel Dynamics Inc., AK Steel Holding Corporation, Carpenter Technology Corporation, Allegheny Technologies Incorporated, Commercial Metals Company, Reliance Steel & Aluminum Co., Mueller Industries Inc., The Timken Company, Olympic Steel Inc., Universal Stainless & Alloy Products Inc., A.M. Castle & Co., Ryerson Holding Corporation, Schnitzer Steel Industries Inc.

What Technological Trends are Emerging in the Architectural And Structural Metals Market?
Technological advancements are becoming a prevalent trend in the architectural and structural metals market. For instance, in December 2022, CYPE, a Spain-based developer of technical software for professionals in architecture, engineering, and construction, introduced StruBIM Steel. This new tool aids in creating structural steel detailing drawings, designed explicitly for developing and maintaining BIM models for steel detailing and generating all the structural drawings ready for fabrication.

Can You Highlight The Fastest-Growing Regional Markets In The Architectural And Structural Metals Market?
North America held the largest market share in the architectural and structural metals market in 2024. However, growth opportunities also lie in other regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

What Does The Architectural And Structural Metals Market Report 2025 Offer?
Architectural and structural metals, integral to establishing high-standard and intricately-designed components, play a crucial role in holding a building together, especially within the construction industry. The Architectural And Structural Metals Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

Get exclusive access to valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9706

About The Business Research Company
The Business Research Company boasts of over 15000+ reports spanning 27 industries across 60+ geographies. With over 1.5 million datasets, in-depth secondary research, and unique insights from industry leaders, we provide the necessary information for you to stay one step ahead. Our flagship product, the Global Market Model, paves the way for optimal market intelligence and informed decision-making.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Leave a Reply

Your email address will not be published. Required fields are marked *