Bangladesh Steel Market (2020-2026) | Forecast, Value, Industry, Size, Companies, COVID-19 IMPACT, Outlook, Growth, Revenue, Trends, Share & Analysis

Market Forecast By Types (Flat Steel, Long Steel), By Product Type (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire/Rod, Iron Steel Wire, Ropes, Braids), By Applications (Building & Construction, Electrical Appliances, Metal Products, Domestic Appliances, Mechanical Equipment, Automotive, Others) And Competitive Landscape
Product Code: ETC007972 Publication Date: Jun 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Bangladesh Steel Market Size Growth Rate


The Bangladesh Steel Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 11.42% in 2025, growth builds up to 14.84% by 2029.

Bangladesh Steel Market Size Growth Rate

Steel Market: Bangladesh vs Top 5 Major Economies in 2027 (Asia)


The Steel market in Bangladesh is projected to grow at a high growth rate of 12.44% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

Steel Market: Bangladesh vs Top 5 Major Economies in 2027 (Asia)

bangladesh steel market Synopsis

The Bangladesh steel market is expected to grow at a CAGR of 6.6% during the forecast period 2020-2026. The country has witnessed an increase in infrastructure and construction activities, which has resulted in strong demand for steel products. Furthermore, the government`s initiatives towards development of the industrial sector and increased focus on sustainable urbanization is anticipated to drive the domestic steel industry over the forecast period.

In addition, increasing foreign investments have encouraged private players to set up new plants or expand their existing capacities. This has helped Bangladesh accelerate its production of various types of steel such as flat products, long products and stainless steels among others. Moreover, rising disposable incomes among consumers is expected to further propel the growth of this market over the coming years.

Key Highlights of the Report:

  • Bangladesh Steel Market Outlook
  • Market Size of Bangladesh Steel Market, 2019
  • Forecast of Bangladesh Steel Market, 2026
  • Historical Data and Forecast of Bangladesh Steel Revenues & Volume for the Period 2016 - 2026
  • Bangladesh Steel Market Trend Evolution
  • Bangladesh Steel Market Drivers and Challenges
  • Bangladesh Steel Price Trends
  • Bangladesh Steel Porter's Five Forces
  • Bangladesh Steel Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Types for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Flat Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Long Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Structural Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Prestressing Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Bright Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Iron Steel Wire for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Ropes for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Braids for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Electrical Appliances for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Metal Products for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Domestic Appliances for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Mechanical Equipment for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Automotive for the Period 2016 - 2026
  • Historical Data and Forecast of Bangladesh Steel Market Revenues & Volume By Others for the Period 2016 - 2026
  • Bangladesh Steel Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Applications
  • Bangladesh Steel Top Companies Market Share
  • Bangladesh Steel Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Steel Company Profiles
  • Bangladesh Steel Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Bangladesh Steel Market Overview

3.1 Bangladesh Country Macro Economic Indicators

3.2 Bangladesh Steel Market Revenues & Volume, 2019 & 2026F

3.3 Bangladesh Steel Market - Industry Life Cycle

3.4 Bangladesh Steel Market - Porter's Five Forces

3.5 Bangladesh Steel Market Revenues & Volume Share, By Types, 2019 & 2026F

3.6 Bangladesh Steel Market Revenues & Volume Share, By Product Type, 2019 & 2026F

3.7 Bangladesh Steel Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 Bangladesh Steel Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Bangladesh Steel Market Trends

6 Bangladesh Steel Market, By Types

6.1 Bangladesh Steel Market, By Types

6.1.1 Overview and Analysis

6.1.2 Bangladesh Steel Market Revenues & Volume, By Types, 2016 - 2026F

6.1.3 Bangladesh Steel Market Revenues & Volume, By Flat Steel, 2016 - 2026F

6.1.4 Bangladesh Steel Market Revenues & Volume, By Long Steel, 2016 - 2026F

6.2 Bangladesh Steel Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Bangladesh Steel Market Revenues & Volume, By Structural Steel, 2016 - 2026F

6.2.3 Bangladesh Steel Market Revenues & Volume, By Prestressing Steel, 2016 - 2026F

6.2.4 Bangladesh Steel Market Revenues & Volume, By Bright Steel, 2016 - 2026F

6.2.5 Bangladesh Steel Market Revenues & Volume, By Welding Wire/Rod, 2016 - 2026F

6.2.6 Bangladesh Steel Market Revenues & Volume, By Iron Steel Wire, 2016 - 2026F

6.2.7 Bangladesh Steel Market Revenues & Volume, By Ropes, 2016 - 2026F

6.3 Bangladesh Steel Market, By Applications

6.3.1 Overview and Analysis

6.3.2 Bangladesh Steel Market Revenues & Volume, By Building & Construction, 2016 - 2026F

6.3.3 Bangladesh Steel Market Revenues & Volume, By Electrical Appliances, 2016 - 2026F

6.3.4 Bangladesh Steel Market Revenues & Volume, By Metal Products, 2016 - 2026F

6.3.5 Bangladesh Steel Market Revenues & Volume, By Domestic Appliances, 2016 - 2026F

6.3.6 Bangladesh Steel Market Revenues & Volume, By Mechanical Equipment, 2016 - 2026F

6.3.7 Bangladesh Steel Market Revenues & Volume, By Automotive, 2016 - 2026F

7 Bangladesh Steel Market Import-Export Trade Statistics

7.1 Bangladesh Steel Market Export to Major Countries

7.2 Bangladesh Steel Market Imports from Major Countries

8 Bangladesh Steel Market Key Performance Indicators

9 Bangladesh Steel Market - Opportunity Assessment

9.1 Bangladesh Steel Market Opportunity Assessment, By Types, 2019 & 2026F

9.2 Bangladesh Steel Market Opportunity Assessment, By Product Type, 2019 & 2026F

9.3 Bangladesh Steel Market Opportunity Assessment, By Applications, 2019 & 2026F

10 Bangladesh Steel Market - Competitive Landscape

10.1 Bangladesh Steel Market Revenue Share, By Companies, 2019

10.2 Bangladesh Steel Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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