| Product Code: ETC357508 | 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 |
In the Indonesia structural hollow sections market, the import trend showed a notable growth rate of 63.83% from 2023 to 2024, contrasting with a compound annual growth rate (CAGR) of -4.86% from 2020 to 2024. This significant upturn in import momentum likely reflects a shift in demand dynamics or a response to changes in trade policies, indicating potential market recovery and stability.
The Indonesia Structural Hollow Sections market is closely tied to the construction and infrastructure sectors. These sections are commonly used in the fabrication of building frames, bridges, and other structures due to their high strength-to-weight ratio. As Indonesia invests in infrastructure development and urbanization projects, the demand for structural hollow sections is expected to rise significantly. Local manufacturers and suppliers should be prepared to meet this demand and explore opportunities for exporting their products to neighboring countries.
The Indonesia Structural Hollow Sections market is thriving due to several key factors. Firstly, urbanization and the need for modern infrastructure are driving the demand for structural hollow sections in construction projects, including bridges, buildings, and stadiums. Secondly, the government`s infrastructure development initiatives are creating a substantial market for structural hollow sections. The growth of the real estate sector, coupled with increased investments in public infrastructure, is a significant driver. Additionally, the use of structural hollow sections in various industries such as automotive, manufacturing, and agriculture is expanding the market. These sections offer lightweight and high-strength solutions, making them attractive for a wide range of applications.
The Structural Hollow Sections market in Indonesia faces competition from other construction materials like concrete, which can be cost-effective alternatives. Additionally, ensuring the quality and durability of hollow sections is vital, and this may require continuous improvement in manufacturing processes. Economic fluctuations can also impact construction activity, affecting demand.
The Structural Hollow Sections market in Indonesia faced disruptions during the COVID-19 pandemic due to supply chain interruptions and reduced construction activities. Lockdowns and restrictions led to project delays, affecting demand. However, as the economy gradually reopened, a resurgence in construction projects drove a recovery in demand. Investments in infrastructure and construction are expected to continue to drive the market in the post-pandemic period.
In the Indonesia Structural Hollow Sections market, companies like PT Bumi Kaya Steel Industries, PT Cakra Tunggal Steel, and PT Rukun Raharja Tbk play a pivotal role. The market is growing due to the rising demand for structural steel products in construction and infrastructure projects, and these key players are known for their high-quality offerings and commitment to innovation.