| Product Code: ETC357145 | 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 |
Thailand import trend for the corrugated galvanized steel market experienced a notable decline from 2023 to 2024, with a growth rate of -31.94%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -17.1%. This downturn can be attributed to shifting demand dynamics or potential changes in trade policies impacting market stability.
The Thailand corrugated galvanized steel market serves the construction and roofing sectors, providing durable and corrosion-resistant materials for various building applications. Corrugated galvanized steel sheets are highly favored for their strength and weather-resistant properties. This market is closely linked to the construction industry`s performance, with demand rising during periods of increased building activity. Additionally, the market has seen innovations in coatings and design options to cater to evolving architectural trends and environmental considerations.
The Thailand corrugated galvanized steel market is experiencing significant growth, primarily fueled by the construction and roofing sectors. Corrugated galvanized steel sheets are widely used in roofing applications due to their durability, weather resistance, and cost-effectiveness. As Thailand continues to urbanize and expand its infrastructure, the demand for such roofing materials is on the rise. Moreover, the agricultural sector relies on corrugated galvanized steel for building structures like barns and silos. Additionally, the market benefits from the increasing adoption of steel in interior and exterior cladding in commercial and industrial buildings. The government`s support for affordable housing and rural development projects further stimulates the market. All these factors contribute to the positive outlook for the Thailand corrugated galvanized steel market.
The corrugated galvanized steel market in Thailand faces challenges related to environmental concerns and sustainability. As consumers become more eco-conscious, there is a growing demand for sustainable building materials. This market must adapt by developing eco-friendly coatings and production processes. Additionally, market volatility and fluctuations in steel prices can affect the competitiveness of corrugated galvanized steel products.
The corrugated galvanized steel market faced disruptions in the early stages of the pandemic, with construction projects delayed and decreased demand from the roofing and cladding sectors. As the construction sector recovered, the market also picked up, but manufacturers had to address supply chain challenges and rising input costs.
The corrugated galvanized steel market in Thailand is dominated by companies like Bluescope Steel, Thai Coated Steel Sheet Co., Ltd., and Thai Steel Cable Public Co., Ltd. These players are known for their quality corrugated galvanized steel products used in roofing and construction applications.