| Product Code: ETC359965 | 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 |
Thailand import trend for steel pipes & tubes experienced a decline, with a growth rate of -47.54% from 2023 to 2024 and a compound annual growth rate (CAGR) of -7.41% from 2020 to 2024. This negative momentum can be attributed to shifts in demand patterns or changes in trade policies impacting the market stability during this period.
Thailand steel pipes and tubes market is a vital component of the country`s construction and infrastructure development. The demand for steel pipes and tubes has surged due to ongoing infrastructure projects, including road construction, water supply, and the expansion of industrial facilities. The market features a mix of domestic manufacturers and imports, and there is a strong emphasis on product quality and durability to withstand the country`s diverse climatic conditions.
The Thailand steel pipes and tubes market is primarily driven by the country`s robust industrial and construction sectors. The burgeoning construction of infrastructure projects, such as roads, bridges, and buildings, demands a steady supply of steel pipes and tubes. Additionally, the growth of Thailand manufacturing industry, especially in automotive and electronics, further propels the demand for steel pipes and tubes as they are essential in various manufacturing processes. The expansion of energy and oil & gas sectors also contributes significantly, as steel pipes are crucial for transporting oil and gas. Furthermore, the government`s initiatives to upgrade and modernize its infrastructure play a pivotal role in driving the steel pipes and tubes market.
Challenges in the Thailand steel pipes and tubes market include fierce competition from both domestic and international manufacturers. Maintaining consistent product quality and meeting international standards is essential for market competitiveness. Fluctuations in steel prices and trade barriers can affect production costs and market access. Environmental concerns regarding steel production and emissions necessitate investments in sustainable practices and technologies.
The Thailand steel pipes and tubes market saw fluctuations in demand during the COVID-19 pandemic. While there was a decline in demand from industries like construction and infrastructure due to project delays, there was an increased demand from the healthcare sector for medical equipment production. The market had to adapt to these changing dynamics while also addressing supply chain disruptions and workforce limitations.
The Thailand steel pipes and tubes market features established manufacturers like Thai Metal Trade Public Co., Ltd. and Siam Steel International PCL. These companies are key suppliers of steel pipes and tubes used in construction, infrastructure development, and industrial applications. With a strong emphasis on quality and production capacity, they play a vital role in meeting the steel requirements of various sectors in Thailand.