Global Prefabricated Building and Structural Steel Market Size/Share Worth USD 381.8 Billion by 2034 at a 5.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT)

Austin, TX, USA, Aug. 13, 2025 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Prefabricated Building and Structural Steel Market Size, Trends and Insights By Type (Prefabricated Buildings, Structural Steel), By Application (Residential, Commercial, Industrial, Infrastructure), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” in its research database.

“According to the latest research study, the demand of the global Prefabricated Building and Structural Steel Market size & share was valued at approximately USD 245.7 Billion in 2024 and is expected to reach USD 257.3 Billion in 2025 and is expected to reach a value of around USD 381.8 Billion by 2034, at a compound annual growth rate (CAGR) of about 5.5% during the forecast period 2025 to 2034.”

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Prefabricated Building and Structural Steel Market Overview

As per the industry experts at CMI, the prefabricated building and structural steel market is keyed to rapid urbanization, swift infrastructure development, and growing demand for sustainable, cheap, and energy-efficient solutions for construction work. Technological advancements related to steel production and prefabrication, along with government investments in either infrastructure or smart city projects, come forth as additional drivers, presenting several opportunities for growth across the various sectors.

Prefabricated Building and Structural Steel Market Growth Factors and Dynamics

Urbanization and Infrastructure Development: Urbanization continues apace with the continuous development of infrastructure, mainly in emerging countries such as China, India, and Southeast Asia. These have been the major factors contributing to the growth of this market. Greater cities will see the burgeoning of their populations and always have increasing demands for very efficient construction materials of prefabricated buildings and structural steel. One of these is a large government project, for instance, transportation networks and housing schemes that generate demand for such building materials. As smart cities advance and the global shift toward sustainable urban designs continues, these materials have surpassed traditional methods, becoming the preferred prefabricated solutions for faster construction, high durability, and lower costs.

Emerging Technologies: The prefabricated building and structural steel markets are undergoing paradigm changes due to the introduction of such innovative technologies as Building Information Modeling (BIM), automation in fabrication, and 3D printing. These days, all technologies improve accuracy, help save material wastage, simplify production, create deadlines quickly, and reduce costs. Among other benefits, automation in manufacturing provides steel components that are scalable and precision-engineered, so reducing both labor costs and human error. Along with this, adaptability in building design gives optimization in efficiency and flexibility for prefabricated and steel-based construction designs through growing demand.

Sustainability and Environmental Regulations: The growing emphasis on sustainability and environmental accountability has become one of the major driving forces for the structural steel market. Steel’s recyclability and energy efficiency, along with reduced waste in prefabrication construction, are allied with globis causedal trends in green building practices. The trend of world governments imposing more rigorous environmental regulations is forcing industries to embrace more sustainable construction methods. This shift is, in turn, increasing the demand for sustainable materials like structural steel, as it offers the much-needed strength-to-weight ratio when it comes to putting less pressure on the environment during construction. We expect the residential and commercial sectors to further adopt steel solutions as a result of this trend toward sustainability.

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Fluctuations in Prices of Raw Materials: Fluctuating prices of raw materials remain a serious challenge in the prefabricated building and structural steel market. The volatility of steel prices ensued from the worldwide supply-demand imbalances, trade tariffs, and geopolitical tensions, so that construction costs are affected with the rise in steel prices! More the rise in prices of raw materials leads to higher project expenditures and possible budgetary overruns or extensions in time. Moreover, market players have to ensure that certain cost implications are addressed and a profitable price structure is retained while simultaneously being competitive to their customers. Therefore, the interplay’s uncertainty necessitates that firms devise strategies to stabilize costs against fluctuations.

Supply Chain Disruptions: Global supply chain disruptions arising out of geopolitical tensions, trade wars, and the residual impacts of the pandemic have affected available materials for prefabrications and structural steel to quite some extent. Such disruptions can delay raw material procurement, escalate freight costs, and pose challenges in meeting construction timelines. In the steel sector, disruptions delay the delivery of steel products assigned for large-scale use, ultimately causing delays in completion and enhanced cost. In addressing these challenges, companies must develop resilient supply chains and adopt a more diversified approach to procurement to prevent risks.

Government Policies and Trade Tariffs: Government policies and trade tariffs are key dynamics regulating the prefabricated building and structural steel market. The imposition of tariffs on imported steel has increased prices of steel products, thereby undermining the cost structure of construction projects within the U.S. Conversely, positive government policies such as subsidies for green building schemes and infrastructure investments can support the demand for steel and prefabricated applications. The regulatory environment, including environmental standards and building codes, affects the market environment since construction companies must adhere to these.

Report Scope

Feature of the Report	Details
Market Size in 2025	USD 257.3 Billion
Projected Market Size in 2034	USD 381.8 Billion
Market Size in 2024	USD 245.7 Billion
CAGR Growth Rate	5.5% CAGR
Base Year	2024
Forecast Period	2025-2034
Key Segment	By Type, Application and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Prefabricated Building and Structural Steel report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

The updated report for 2024 includes an introduction, an overview, and an in-depth industry analysis.
We have included the COVID-19 Pandemic Outbreak Impact Analysis in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Prefabricated Building and Structural Steel report has been modified to include the COVID-19 impact study prior to delivery.)

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Prefabricated Building and Structural Steel Market SWOT Analysis

Strengths: Market strengths in prefabricated buildings and structural steel include significant time and cost savings in construction, as buildings can be constructed off-site and quickly assembled. Structural steel has a combination of strength, durability, and versatility, making it prized for massive infrastructure projects, high-rise buildings, and even the harshest environments. Additionally, other advanced techniques, such as building information modeling (BIM) and various automations in steel fabrication, have enabled accuracy, efficiency, and economics in construction. Growing demand for energy-efficient and sustainable buildings has also spurred growth in the demand for and further application of structural steel in prefabricated solutions, thus gearing the market toward a steady state of growth in the coming years.

Weaknesses: The prefabricated building and steel structure market, however, has been under significant stress despite these weaknesses. Raw materials, especially steel, with fluctuating prices, have led to cost unpredictability and affected margins. Supply chain crises like geopolitical tension and global trade disruptions delay project timelines and inflate costs. Prefabricated buildings are cheaper to make but more costly to set up and manufacture. It is also difficult for market players to educate customers on the advantages of prefabrication.

Opportunities: The fast ratification of urbanization and infrastructure development from emerging economies within the Asia-Pacific area holds immense promises of growth. Additionally, investment in green building construction is consistently supported by various government sectors worldwide; prefabricated steel buildings align well with greenhouse practices due to their energy efficiency and recyclable properties. Trends emerging for smart cities and resilient infrastructures produce further demand for steel as a construction material. In addition, technology improvements in steel production, such as high-strength and low-alloy steels and corrosion-resistant coatings, offer an area for specialization that caters to applications of increasing reliance, such as aerospace, automotive, and energy.

Threats: There are many threats to the market, which could have consequences for its growth too. Fluctuating raw material prices, especially of steel, pose serious threats, as the price changes affect construction costs and reduce company profit margins. Export tariffs, especially on steel imports, raise costs and disrupt supply chains to further complicate dynamics in the market. Competition from other construction materials, such as timber, concrete, and composites, has become another risk to steel’s dominance in some applications because they may be cheaper or offer more environmentally friendly options. Economic depressions and recessions pose a real threat to the market.

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Key questions answered in this report:

What is the size of the Prefabricated Building and Structural Steel market and what is its expected growth rate?
What are the primary driving factors that push the Prefabricated Building and Structural Steel market forward?
What are the Prefabricated Building and Structural Steel Industry’s top companies?
What are the different categories that the Prefabricated Building and Structural Steel Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Prefabricated Building and Structural Steel market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2025−2034
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Prefabricated Building and Structural Steel Market Regional Analysis

The Prefabricated Building and Structural Steel Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America, which includes the United States and Canada, is recognized as a strong market for prefabricated buildings and structural steel because of its dominance in major infrastructure projects, urbanization, and the demand for energy-efficient buildings. The construction sector in this part of the world is moving more and more towards modular buildings and steel-frame construction systems as these methods assure cost and sustainability benefits. Also encouraging growth of the market is the advancement in the technicalities of steel production and buildNorth America, which includes the United States and Canada, is recognized as a strong market for prefabricated buildings and structural steel because of its dominance in major infrastructure projects, urbanization, and the demand for energy-efficient buildings.mercial and residential sectors.

Europe is one of the largest regions for prefabricated buildings and structural steel, with Germany, the UK, and France being key players in promoting innovations in construction techniques. Sustainability and energy efficiency are among the key factors influencing the market. Europe is also seeing an increase in demand for smart-city projects that require resilient, energy-efficient infrastructure built from structural steel. Increased adoption of environment-friendly building practices, coupled with government incentives for green construction, are catalysts for the rise in popularity of prefabricated steel solutions. The EU regulations push forth against waste reduction and energy efficiency, fuelling such efforts.

Asia-Pacific: Asia-Pacific is without a doubt the leading region where prefabricated buildings and structural steel are concerned. Rapid industrialization and urbanization are taking place in countries like China, India, and Japan. There are now quite excellent developments in designing infrastructural facilities, including transport, industrial houses and most recently, well-crafted multi-storied residential complexes. The desire for a prefabricated steel building has been triggered by both the scheduled time for construction and reduced costs. The other aspect is the government’s major investment in infrastructure development, so that there will be even higher demands on prefabricated buildings and structural steel. In this scenario, China is playing a critical role, as the country’s unprecedented range of construction-related needs is massive.

LAMEA: The gradual increase in LAMEA has its share of the prefabricated building and structural steel market. Brazil and Argentina are notable Latin American nations starting to experience infrastructure development in energy, transportation, and residential sectors. There is a growing demand in the region of the Middle East, particularly in the UAE, Saudi Arabia, and Qatar, for steel and prefabricated buildings because of major construction infrastructure associated with smart cities, commercial complexes, and highly residential areas. Increasing population in Africa pertains to a growing demand for infrastructure, which offers promising opportunities in the use of steel for both residential and infrastructural construction purposes.

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List of the prominent players in the Prefabricated Building and Structural Steel Market:

Larsen & Toubro Limited
Bechtel Corporation
ArcelorMittal
Baosteel Group
Nucor Corporation
United States Steel Corporation
China State Construction Engineering Corporation (CSCEC)
Tata Steel Limited
Steel Dynamics Inc.
Hyundai Steel
China Baowu Steel Group Corporation
Schneider Electric
Zamil Steel
Kaiser Aluminum
Cleveland-Cliffs Inc.
Vega Structural Systems
BASF SE
Cargill Inc.
Buro Happold
Foster Wheeler
Others

Click Here to Access a Free Sample Report of the Global PrefabriThe following is a list of the prominent players in the Market @ https://www.custommarketinsights.com/report/prefabricated-building-and-structural-steel-market/

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The Prefabricated Building and Structural Steel Market is segmented as follows:

By Type

Prefabricated Buildings
Structural Steel

By Application

Residential
Commercial
Industrial
Infrastructure

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Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Prefabricated Building and Structural Steel Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Prefabricated Building and Structural Steel Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Prefabricated Building and Structural Steel Market? What Was the Capacity, Production Value, Cost and PROFIT of the Prefabricated Building and Structural Steel Market?
What Is the Current Market Status of theThis prefabricated building and structural steel market research and analysis report contains answers to the following questions:ise? What’s Market Analysis of Prefabricated Building and Structural Steel Market by Considering Applications and Types?
What Are ProjectiWhat are the company profiles, product information, and contact details for these key players?ering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Prefabricated Building and Structural Steel Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Prefabricated Building and Structural Steel Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Prefabricated Building and Structural Steel Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Prefabricated Building and Structural Steel Industry?

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Reasons to Purchase Prefabricated Building and Structural Steel Market Report

Prefabricated Building and Structural Steel Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Prefabricated Building and Structural Steel Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Prefabricated Building and Structural Steel Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Prefabricated Building and Structural Steel Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

TThe report includes extensive company profiles, which include company overviews,ed Building and Structural Steel market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Prefabricated Building and Structural Steel market analysis.

The competitive environment of current and potential participants in the Prefabricated Building and Structural Steel market is covered in the report, as well as those companies’ strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Prefabricated Building and Structural Steel market should find this report useful. The research will be useful to all market participants in the Prefabricated Building and Structural Steel industry.

Managers in the Prefabricated Building and Structural Steel sector are interested in publishing up-to-date and projected data about the worldwide Prefabricated Building and Structural Steprovides comparable data for the key

atory bodieWe have provided actual market sizes and forecasts for each of the aforementioned segments.tructural Steel products’ market trends.

Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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