| Product Code: ETC357146 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The corrugated galvanised steel market in Malaysia is anticipated to witness substantial growth. The construction and roofing industries are primary consumers of this product, and the increasing number of infrastructure projects and urbanization trends are expected to drive demand. Additionally, the durability and corrosion resistance offered by galvanized steel make it a preferred choice for various applications.
The Malaysia corrugated galvanized steel market is witnessing a positive trajectory, driven by several key factors. Firstly, the construction and roofing industry in Malaysia is experiencing robust growth due to urbanization and infrastructure development projects. Corrugated galvanized steel is favored for its durability and weather resistance, making it a preferred choice for roofing applications. Moreover, the agricultural sector in Malaysia relies heavily on corrugated galvanized steel for applications such as fencing and storage facilities. The material`s corrosion resistance and longevity make it well-suited for outdoor use. Additionally, government initiatives promoting sustainable building materials are expected to further boost the market.
The corrugated galvanised steel market in Malaysia is expected to exhibit positive growth, supported by the construction and roofing industries. However, the market faces challenges associated with pricing pressures and fluctuations in global steel markets. Additionally, manufacturers need to invest in research and development to enhance product quality and meet evolving customer requirements.
The corrugated galvanized steel market in Malaysia faced challenges during the pandemic due to disruptions in construction and manufacturing activities. Nevertheless, the market is expected to recover as infrastructure projects progress and economic conditions stabilize. The durability and cost-effectiveness of galvanized steel in roofing and construction applications are likely to drive demand in the market.
The corrugated galvanized steel market has been driven by players like Bluescope and Hiap Teck Venture. The construction sector has been a major consumer of corrugated galvanized steel products, and the market outlook remains positive as the construction industry continues to thrive.