| |OCTOBER 20205With the surge in construction activity and a shift towards pre-engineered buildings, the demand for structured steel design and detailing is increasing rapidly. As per a research by Mordor Intelligence, the Indian structural steel fabrication market is expected to grow at a CAGR of 5.5 percent till 2024. The growth of the Indian structural steel market can be attributed to factors, such as the increasing demand from manufacturing sector, the rising preference toward pre-engineered buildings and components, and government initiatives for infrastructure development activities. The booming commercial building sector, along with Indian government's initiatives, such as increasing the construction of green buildings, smart cities, and make in India scheme, is expected to boost the structural steel fabrication market in India. However, the expected increase in steel prices due to the increase in the price of coking coal (primary raw material used to manufacture steel) and the governmental regulations and restrictions on the manufacturing of steels to reduce adverse effects on the environment have been identified to be few of the major challenges faced by the structural steel fabrication market in India. Structural steel is one of the major raw materials used in the construction of pre-engineered buildings. The pre-engineered buildings market in India is growing fast as the industry has been experiencing an increased focus from various end-user segments, such as automotive, power, logistics, pharmaceuticals, FMCG, and retail. As the PEB market grows, it is having a ripple effect on the demand for structural steel and market players are looking to tap into this potential. Considering the increasing importance of this market segment, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Structural Steel Design and Detailing Service Providers who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies have stood out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comPEBs Driving the Demand for Structural Steel Vol 2 · Issue 2 · October 15, 2020Publisher Alok ChaturvediEditor Sudhakar Singh Editorial Team Janifha Evangeline Samrat Pradhan Hridkamal Roy Teja Boncheruvu Art & Graphics Ashok Kumar Vetrivel S GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Mu-rugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2020 SiliconMedia Technolo-gies Pvt Ltd, All rights reserved. Repro-duction in whole or part of any text, pho-tography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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