Product Code: ETC038536 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Australia Structural Steel Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 7.91% in 2025, the market steadily declines to 6.35% by 2029.
In Australia, the Structural Steel market is witnessing substantial growth due to its indispensable role in the construction and infrastructure sectors. The durability, versatility, and sustainability of structural steel make it a preferred choice, thereby fostering market expansion.
The Australia structural steel market is influenced by factors such as urbanization, industrialization, and infrastructure development projects. Structural steel is extensively used in construction applications due to its strength, durability, and recyclability. The market is witnessing growth driven by the rising demand for steel structures in residential, commercial, and industrial sectors. Additionally, advancements in steel manufacturing technologies and the development of high-strength steel grades are further stimulating market expansion.
The Australia structural steel market faces challenges related to market volatility, supply chain disruptions, and regulatory compliance. Structural steel is a key material in construction projects, ranging from residential buildings to infrastructure projects such as bridges and stadiums. However, fluctuations in steel prices, driven by factors such as raw material costs, trade policies, and global economic conditions, can impact project budgets and profitability for stakeholders across the construction value chain. Supply chain disruptions, such as transportation delays or material shortages, further exacerbate challenges in project planning and execution. Moreover, compliance with regulatory requirements, such as building codes and environmental standards, adds complexity and cost to construction projects, requiring adherence to stringent quality control measures and documentation processes. Overcoming these challenges requires collaboration among stakeholders, including steel manufacturers, fabricators, contractors, and regulators, to ensure a resilient and sustainable construction industry.
Australia Department of Industry, Science, Energy, and Resources supports the growth of the steel manufacturing sector through funding programs and policy interventions aimed at enhancing productivity and competitiveness. The government collaborates with industry associations such as the Australia Steel Institute (ASI) and the Australia Constructors Association (ACA) to address market challenges and promote innovation in structural steel production and distribution.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Structural Steel Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Structural Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Structural Steel Market - Industry Life Cycle |
3.4 Australia Structural Steel Market - Porter's Five Forces |
3.5 Australia Structural Steel Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Australia Structural Steel Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Australia Structural Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Structural Steel Market Trends |
6 Australia Structural Steel Market, By Types |
6.1 Australia Structural Steel Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Australia Structural Steel Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Australia Structural Steel Market Revenues & Volume, By Heavy Sectional Steel, 2021-2031F |
6.1.4 Australia Structural Steel Market Revenues & Volume, By Light Sectional Steel, 2021-2031F |
6.1.5 Australia Structural Steel Market Revenues & Volume, By Rebar, 2021-2031F |
6.2 Australia Structural Steel Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Australia Structural Steel Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Australia Structural Steel Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Australia Structural Steel Market Import-Export Trade Statistics |
7.1 Australia Structural Steel Market Export to Major Countries |
7.2 Australia Structural Steel Market Imports from Major Countries |
8 Australia Structural Steel Market Key Performance Indicators |
9 Australia Structural Steel Market - Opportunity Assessment |
9.1 Australia Structural Steel Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Australia Structural Steel Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Australia Structural Steel Market - Competitive Landscape |
10.1 Australia Structural Steel Market Revenue Share, By Companies, 2024 |
10.2 Australia Structural Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |