India Steel Framing Market (2025-2031) Outlook | Size, Share, Companies, Forecast, Analysis, Revenue, Industry, Trends, Value & Growth

India Steel Framing Market Synopsis

The India steel framing market was valued at USD 646 million in 2018 and is projected to witness a CAGR of 10% driven by rapidly growing construction industry due stringent regulations regarding sustainability as well as building codes which has led builders opting more towards steel framed constructions instead traditional ones made out wood or concrete due its superior properties like light.

Market Drivers of the market

The India Steel Framing Market is driven by the construction industry`s shift towards sustainable and durable building solutions. Steel framing offers several advantages, including lightweight construction, ease of assembly, and recyclability, making it an attractive option for various construction projects. The demand for cost-effective and time-efficient building methods in commercial, residential, and industrial sectors fuels the adoption of steel framing systems. Additionally, the need for earthquake-resistant and disaster-resistant buildings has led to the increased use of steel framing in seismic zones. The government`s focus on infrastructure development, including affordable housing and urbanization projects, has also contributed to the market`s growth.

Challenges of the Market

The India Steel Framing Market encounters specific challenges related to market acceptance and industry regulations. One of the key challenges is the traditional mindset favoring conventional construction methods over steel framing. Builders, architects, and developers may have reservations about transitioning to steel framing due to familiarity with traditional materials. Educating stakeholders about the benefits of steel framing, such as cost-effectiveness, durability, and design flexibility, is essential to increase its adoption. Additionally, the steel framing market faces challenges related to regulatory approvals and building codes. Streamlining the approval process and aligning building codes with steel framing standards can facilitate its wider use in construction projects. Moreover, ensuring the quality and consistency of steel framing products poses a challenge, requiring adherence to strict manufacturing and quality control standards. The industry needs to address these challenges through awareness campaigns, collaboration with regulatory bodies, and a focus on delivering high-quality steel framing solutions.

Covid-19 Impact on the Market

The India Steel Framing Market experienced significant challenges and opportunities during the COVID-19 pandemic. The disruptions in construction activities, supply chain disruptions, and labor shortages impacted the market`s growth during the lockdown period. Many construction projects were put on hold or delayed due to restrictions and economic uncertainties, affecting the demand for steel framing solutions. Additionally, the closure of manufacturing units and logistic challenges affected the availability of steel framing materials, leading to increased costs and supply constraints. However, as the construction sector gradually reopened and adapted to the new normal, the demand for steel framing solutions witnessed a rebound. The preference for sustainable and durable building materials, along with the need for cost-effective and time-efficient construction methods, fueled the adoption of steel framing in various infrastructure projects. The government`s focus on affordable housing and urbanization projects also presented growth opportunities for the steel framing market. Moreover, the emphasis on disaster-resistant and earthquake-resistant construction methods further drove the demand for steel framing in seismic zones. The India Steel Framing Market is expected to witness steady growth in the post-pandemic era, with increasing investments in infrastructure projects and the growing trend of sustainable construction practices.

Key Players of the Market

The India Steel Framing Market features prominent players specializing in steel framing solutions for construction projects. Some key players in the market include Jindal Steel & Power Ltd., Tata Steel, Mahindra Susten Pvt. Ltd., Pennar Engineered Building Systems Ltd., and Kirby Building Systems India Ltd. These companies offer a wide range of steel framing products, including pre-engineered buildings, structural steel components, and light-gauge steel frames. They cater to the growing demand for sustainable and cost-effective construction methods, providing steel framing solutions for commercial, industrial, and residential projects.

Key Highlights of the Report:

• India Steel Framing Market Outlook
• Market Size of India Steel Framing Market, 2024
• Forecast of India Steel Framing Market, 2031
• Historical Data and Forecast of India Steel Framing Revenues & Volume for the Period 2021-2031
• India Steel Framing Market Trend Evolution
• India Steel Framing Market Drivers and Challenges
• India Steel Framing Price Trends
• India Steel Framing Porter's Five Forces
• India Steel Framing Industry Life Cycle
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Skeleton steel framing for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Wall bearing steel framing for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Long span steel framing for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By End-use for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Commercial for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Residential for the Period 2021-2031
• Historical Data and Forecast of India Steel Framing Market Revenues & Volume By Industrial for the Period 2021-2031
• India Steel Framing Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By End-use
• India Steel Framing Top Companies Market Share
• India Steel Framing Competitive Benchmarking By Technical and Operational Parameters
• India Steel Framing Company Profiles
• India Steel Framing Key Strategic Recommendations