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Struts Construction Market Expected to Reach USD XX Billion by 2032 | Growing at a CAGR of XX%

Market Research Future (MRFR) has published a cooked research report on the “Global Struts Construction Market” that contains information from 2018 to 2032. The Struts Construction market is estimated to register a CAGR of XX% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Struts Construction market— Aetna Plastics Corp., Gregory Industries Inc., Hilti Corporation ERICO Products Inc., Eaton Corporation Inc., Cooper Industries, Carpenter & Paterson, Inc., Unistrut Corporation, Atlas Supply Co., Guenther Supply, Inc., Enduro Pipeline Services Inc.


Struts Construction Market Highlights


The global Struts Construction market is accounted to register a CAGR of XX% during the forecast period and is estimated to reach USD XX billion by 2032.


Struts, such as steel or aluminum beams and scaffolding systems, are critical for providing structural support and stability during construction. They allow for the quick assembly of formwork, shoring, and bracing systems, which reduces labor costs and project timelines, making them highly desirable for large-scale infrastructure projects. Moreover, struts offer versatility in various construction applications, from temporary supports in building construction to reinforcing retaining walls and bridges. Their adaptability to diverse construction needs makes them a favored choice for contractors aiming to improve project efficiency and cost-effectiveness.


Segment Analysis


The global Struts Construction market has been segmented based on material and end user.


On the basis of material, the market is segmented into Aluminum, Stainless Steel, and Fiberglass. The aluminum segment was attributed to holding the largest market share in 2022, due to its exceptional combination of strength and lightness.


Based on end user, the global Struts Construction market has been segmented into Oil & Gas, Aerospace & Defense, Automotive and Others. The aerospace & defense segment was expected to hold the largest market share in 2022, due to the stringent demands for precision, strength, and reliability in these industries.


Regional Analysis


The global Struts Construction market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Struts Construction market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Struts Construction market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Struts Construction market comprises of Middle East, Africa, and Latin America.


The largest market share for Struts Construction was maintained by the North American regional sector. This increase is attributed to the region's substantial investment in infrastructure development and the need for efficient and cost-effective construction methods. The continent's aging infrastructure, including bridges, roads, and public facilities, requires modernization and repair, creating a demand for construction solutions that can expedite projects. Additionally, the emphasis on safety and sustainability in North American construction practices further fuels the adoption of struts.


Moreover, the Europe market has been persistently growing over the forecast period. The demand for Struts Construction is driven by the requirement for sustainable building practices, cost-efficient construction methods, and the increasing demand for innovative, time-saving solutions in the construction industry.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the region's rapid urbanization and the need for efficient, cost-effective, and sustainable construction solutions. With a surge in infrastructure development, struts play a pivotal role in supporting large-scale construction projects, optimizing resource utilization, and meeting the demands of the growing population and urban expansion in the region.


Furthermore, the rest of the world's Struts Construction market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's booming construction and infrastructure development, with struts playing a crucial role in providing stability and support for large-scale projects such as skyscrapers and transportation infrastructure.


Key Findings of the Study



  • The global Struts Construction market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the region's rapid urbanization and the need for efficient, cost-effective, and sustainable construction solutions

  • Based on material, the aluminum segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.

  • Aetna Plastics Corp., Gregory Industries Inc., Hilti Corporation ERICO Products Inc., Eaton Corporation Inc., Cooper Industries, Carpenter & Paterson, Inc., Unistrut Corporation, Atlas Supply Co., Guenther Supply, Inc., Enduro Pipeline Services Inc.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Struts Construction Market

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Report details
Companies Covered 15
Pages 128
Certified Global Research Member
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