| Product Code: ETC008394 | 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 | |
The Myanmar Iron Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at -0.81% in 2025, the market peaks at 1.44% in 2028, and settles at 0.45% by 2029.

By 2027, the Iron market in Myanmar is anticipated to reach a growth rate of 0.91%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

The Myanmar iron market is expected to reach a CAGR of 5.5% during the forecast period 2020-2026. The rising construction industry and increasing demand for steel in the country are contributing to the growth of the iron market. The growing population in urban areas has further augmented demand for infrastructure development propelling growth of the steel industry, which serves as an important input for construction activities such as buildings, bridges and roads etc., thus driving demand for iron products over other countries including China and India in Asia Pacific region. Additionally, government initiatives promoting import substitution through increased investments in indigenous production capacities have further triggered domestic consumption of iron products thereby supplementing growth prospects over forecast timeframe.
Moreover, new projects undertaken by companies such as USM Holdings Co., Ltd., Shwe Taung Group Construction Company Limited (STGCC) and Myint & Associates Co., Ltd., among others are likely to propel adoption of steel products over coming years from 2020-2026 creating potential opportunities for various segments within Myanmar Iron Market during forecast period.
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 Myanmar Iron Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Iron Market Revenues & Volume, 2019 & 2026F |
3.3 Myanmar Iron Market - Industry Life Cycle |
3.4 Myanmar Iron Market - Porter's Five Forces |
3.5 Myanmar Iron Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Myanmar Iron Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Myanmar Iron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Myanmar Iron Market Trends |
6 Myanmar Iron Market, By Types |
6.1 Myanmar Iron Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Iron Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Myanmar Iron Market Revenues & Volume, By Pure Iron, 2016 - 2026F |
6.1.4 Myanmar Iron Market Revenues & Volume, By Wrought Iron, 2016 - 2026F |
6.1.5 Myanmar Iron Market Revenues & Volume, By Cast Iron, 2016 - 2026F |
6.1.6 Myanmar Iron Market Revenues & Volume, By Pig Iron, 2016 - 2026F |
6.1.7 Myanmar Iron Market Revenues & Volume, By Direct Reduced Iron, 2016 - 2026F |
6.2 Myanmar Iron Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Iron Market Revenues & Volume, By Building, 2016 - 2026F |
6.2.3 Myanmar Iron Market Revenues & Volume, By Construction, 2016 - 2026F |
6.2.4 Myanmar Iron Market Revenues & Volume, By Railways, 2016 - 2026F |
6.2.5 Myanmar Iron Market Revenues & Volume, By Fertilizers, 2016 - 2026F |
6.2.6 Myanmar Iron Market Revenues & Volume, By Industrial Uses, 2016 - 2026F |
6.2.7 Myanmar Iron Market Revenues & Volume, By Others, 2016 - 2026F |
7 Myanmar Iron Market Import-Export Trade Statistics |
7.1 Myanmar Iron Market Export to Major Countries |
7.2 Myanmar Iron Market Imports from Major Countries |
8 Myanmar Iron Market Key Performance Indicators |
9 Myanmar Iron Market - Opportunity Assessment |
9.1 Myanmar Iron Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Myanmar Iron Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Myanmar Iron Market - Competitive Landscape |
10.1 Myanmar Iron Market Revenue Share, By Companies, 2019 |
10.2 Myanmar Iron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |