India Steel Angles Market (2025-2031) Outlook | Value, Size, Share, Industry, Forecast, Trends, Companies, Revenue, Growth & Analysis
Market Forecast By Product (Stainless Steel, Mild Steel), By Angle Length (Equal steel angle, Unequal steel angle), By End-use (Infrastructure, Power Sectors, Transportation, Industrial, Others) And Competitive Landscape
| Product Code: ETC378384 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Steel Angles Market Top 5 Importing Countries and Market Competition (HHI) Analysis
India`s steel angles import market in 2024 saw significant contributions from top exporting countries including Turkey, Austria, Bahrain, Germany, and China. Despite a negative CAGR of -15.59% from 2020 to 2024, the market showed promising growth with a notable rate of 37.16% in 2023-24. The High Herfindahl-Hirschman Index (HHI) indicated a highly concentrated market, highlighting the dominance of key exporters. This data suggests a dynamic and competitive landscape for steel angles imports in India, with potential opportunities for market players to leverage emerging growth trends.
India Steel Angles Market Synopsis
The India steel angles market was valued at approximately $2.6 billion and is expected to reach nearly $3.5 billion, growing at a compound annual growth rate (CAGR) of 5.8%. The major drivers for this growth are the increasing demand for infrastructure projects such as bridges and buildings, coupled with government initiatives that promote sustainable construction practices. India large population size and rapid urbanization also contribute to the rising demand for steel angles in the country.
Market Drivers of the market
In the India steel angles market, the key drivers of growth are the booming construction and infrastructure sectors. Steel angles find widespread use in various structural applications, such as building frames, bridges, and transmission towers, due to their strength and load-bearing capacity. The government`s focus on infrastructure development and investments in large-scale construction projects have further fueled the demand for steel angles in the country.
Challenges of the Market
In the steel angles market, India experiences challenges related to the fluctuations in demand from the construction and infrastructure sectors. Market players must deal with the impact of changing government policies and regulations, which can influence the demand for steel angles in various projects.
Covid-19 Impact on the Market
The steel angles market in India experienced a downturn during the pandemic. The construction and infrastructure sectors, which are the primary consumers of steel angles, faced project delays and cancellations. The uncertain economic conditions led to cautious spending, further affecting the demand for steel angles in various construction projects.
Key Players of the Market
In India steel angles market, various steel manufacturers play a crucial role in supplying steel angles for construction and industrial purposes. Some of the key players include SAIL (Steel Authority of India Limited), JSW Steel, and Tata Steel.
Key Highlights of the Report:
- India Steel Angles Market Outlook
- Market Size of India Steel Angles Market, 2024
- Forecast of India Steel Angles Market, 2031
- Historical Data and Forecast of India Steel Angles Revenues & Volume for the Period 2021-2031
- India Steel Angles Market Trend Evolution
- India Steel Angles Market Drivers and Challenges
- India Steel Angles Price Trends
- India Steel Angles Porter's Five Forces
- India Steel Angles Industry Life Cycle
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Stainless Steel for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Mild Steel for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Angle Length for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Equal steel angle for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Unequal steel angle for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By End-use for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Infrastructure for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Power Sectors for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Transportation for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of India Steel Angles Market Revenues & Volume By Others for the Period 2021-2031
- India Steel Angles Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Angle Length
- Market Opportunity Assessment By End-use
- India Steel Angles Top Companies Market Share
- India Steel Angles Competitive Benchmarking By Technical and Operational Parameters
- India Steel Angles Company Profiles
- India Steel Angles Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Steel Angles Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Steel Angles Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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