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

Market Forecast By Type (Hot Formed Type, Cold Formed Type), By Application (Agricultural, Construction, General Engineering, Mechanical Application, Others) And Competitive Landscape
Product Code: ETC357504 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

India Structural Hollow Sections Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s import shipments of structural hollow sections in 2024 saw a shift in concentration, moving from high concentration in 2023 to a more moderate level. The top exporting countries to India include Vietnam, South Korea, China, Thailand, and Germany. Despite a negative Compound Annual Growth Rate (CAGR) of -1.53% from 2020 to 2024, the sector experienced a significant decline in growth rate of -29.28% from 2023 to 2024. This data suggests a changing landscape in the structural hollow sections market, indicating potential shifts in supply dynamics and market trends.

India Structural Hollow Sections Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Structural Hollow Sections Market Synopsis

The structural hollow sections market in India had reached USD 3 million in 2018 and is projected to witness significant growth during the forecast period (2025 ? 2025) on account of rising government initiatives towards developing basic infrastructure facilities , especially rural areas. Moreover , strong economic development witnessed since last few decades have offered positive impetus toward construction activities throughout country.

Market Drivers of the market

The India structural hollow sections market is driven by several key drivers that influence its growth and applications in the construction and infrastructure sectors. One of the primary drivers is the increasing demand for lightweight and high-strength materials in construction projects. Structural hollow sections offer several advantages, including higher strength-to-weight ratio, design flexibility, and ease of fabrication, making them popular choices for building structures and bridges. Moreover, the government`s focus on infrastructure development and affordable housing projects fuels the demand for structural hollow sections. As India witnesses a surge in construction activities and urbanization, the usage of structural hollow sections in various infrastructure projects is expected to grow. Additionally, the need for earthquake-resistant and sustainable construction practices drives the adoption of structural hollow sections. These sections provide superior resistance to seismic forces and contribute to environmentally friendly construction due to their recyclability and reduced carbon footprint. Furthermore, the increasing preference for aesthetically appealing and modern architectural designs in the construction sector boosts the demand for structural hollow sections. These sections offer design flexibility, enabling architects and engineers to create innovative and visually striking structures.

Challenges of the Market

The India structural hollow sections market encounters several challenges that impact its growth and adoption in the construction and infrastructure sectors. One of the primary challenges is the lack of awareness and limited knowledge about the benefits of structural hollow sections among end-users and construction professionals. Educating customers about the advantages of using these sections in terms of cost-effectiveness, design flexibility, and structural integrity is crucial to increasing their adoption. Moreover, the market faces challenges related to the availability of standard specifications and sizes for structural hollow sections. Standardization plays a vital role in facilitating their use in construction projects, and manufacturers need to work closely with regulatory bodies and industry associations to establish widely accepted standards. Additionally, the structural hollow sections market faces competition from other construction materials, such as concrete and solid steel sections. Convincing stakeholders to switch to structural hollow sections over conventional materials can be a challenge. Manufacturers need to showcase the long-term benefits, including reduced material usage, enhanced design possibilities, and ease of fabrication, to promote the adoption of these sections.

Covid-19 Impact on the Market

The India structural hollow sections market encountered challenges during the COVID-19 pandemic as the construction and infrastructure sectors faced disruptions. The restrictions on construction activities and project delays impacted the demand for structural hollow sections. Additionally, the supply chain disruptions and labor shortages affected the manufacturing and distribution of these products. However, as the government gradually eased restrictions and initiated infrastructure projects to stimulate economic recovery, the demand for structural hollow sections began to recover.

Key Players of the Market

The India structural hollow sections market is served by key players that specialize in producing high-quality structural steel products. Companies like Tata Structura, Jindal Hollow Sections, and Bhushan Power & Steel Limited are major players in this segment. They offer a wide range of structural hollow sections, including square, rectangular, and circular sections, catering to the construction and infrastructure sectors. These players emphasize stringent quality control and adherence to industry standards to meet the structural requirements of various projects.

Key Highlights of the Report:

  • India Structural Hollow Sections Market Outlook
  • Market Size of India Structural Hollow Sections Market, 2024
  • Forecast of India Structural Hollow Sections Market, 2031
  • Historical Data and Forecast of India Structural Hollow Sections Revenues & Volume for the Period 2021-2031
  • India Structural Hollow Sections Market Trend Evolution
  • India Structural Hollow Sections Market Drivers and Challenges
  • India Structural Hollow Sections Price Trends
  • India Structural Hollow Sections Porter's Five Forces
  • India Structural Hollow Sections Industry Life Cycle
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Hot Formed Type for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Cold Formed Type for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Agricultural for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By General Engineering for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Mechanical Application for the Period 2021-2031
  • Historical Data and Forecast of India Structural Hollow Sections Market Revenues & Volume By Others for the Period 2021-2031
  • India Structural Hollow Sections Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • India Structural Hollow Sections Top Companies Market Share
  • India Structural Hollow Sections Competitive Benchmarking By Technical and Operational Parameters
  • India Structural Hollow Sections Company Profiles
  • India Structural Hollow Sections Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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