Architectural
and structural metals manufacturing market include establishments engaged in
manufacturing metal framed windows and doors, sheet metal work, ornamental or
architectural metal products, prefabricated metal buildings, and structural
metal and metal plate work products.
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The
global architectural and structural metals manufacturing market was valued at
$104 billion in 2017. Among regional markets, Asia Pacific was the largest
geographic region accounting for $57 billion worth of the global market. The
market saw a growth as urbanization spread rapidly across most parts of the
world, which led to a large-scale migration from rural centers to cities. This
led to high demand for physical infrastructure, which resulted in the need for
wide range of services such as architectural and engineering services in order
to develop residential and commercial infrastructure.
The
market in the report is segmented into: plate work and fabricated structural
products, ornamental and architectural metal products.
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of the report at
The
USA was the largest country in the architectural and structural metals
manufacturing market in 2017, accounting for one-fifth of the global market
share. The USA was followed by China and the UK as the next largest countries
in the market.
The
top five competitors in the market are: Nippon Steel & Sumitomo Metal
followed by Tata Steel, Nucor, ArcelorMittal and Valmont Industries. Nippon
Steel & Sumitomo Metal Corporation was formed in 2012 with the merger of
Nippon Steel and Sumitomo Metal. Nippon Steel was formed in 1970 with the
merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel &
Sumitomo Metal Corporation is the world's second largest steel producer by
volume as of 2017.
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