| Product Code: ETC357505 | 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 structural hollow sections in 2024 exhibited a growth rate of 7.75%, with a compound annual growth rate (CAGR) of 11.86% spanning 2020-2024. This robust import momentum can be attributed to the increasing demand for construction materials, reflecting a positive market stability and sustained demand for structural steel products in the country.
The Thailand structural hollow sections market has seen steady growth in recent years. Structural hollow sections, including square, rectangular, and circular shapes, are widely used in the construction industry for various applications such as building frames, bridges, and infrastructure projects. The demand for these sections is driven by the country`s ongoing urbanization and infrastructure development. Thailand construction sector has been on an upward trajectory, attracting investments in residential, commercial, and industrial projects. Manufacturers in the country are producing a wide range of structural hollow sections to meet the diverse needs of the construction industry. Additionally, advancements in materials and technology have led to the production of high-strength steel hollow sections, further enhancing the market`s prospects.
In Thailand, the structural hollow sections market is flourishing, primarily due to the construction boom. Structural hollow sections find extensive use in building frames, bridges, and other load-bearing structures. The government`s investment in large-scale infrastructure projects, including highways, railways, and urban development, is propelling the demand for these sections. Moreover, the versatility and aesthetic appeal of structural hollow sections are driving their adoption in modern architectural designs. Sustainable building practices are also boosting the market as these sections offer reduced material consumption and ease of construction.
The structural hollow sections market is influenced by the construction and infrastructure sectors, which can be cyclical. Economic downturns can lead to reduced construction activity, impacting demand for structural hollow sections. Additionally, market players must invest in modern production facilities to meet evolving construction standards and safety requirements.
The structural hollow sections market faced challenges as construction projects were delayed or scaled down. Manufacturers in this segment had to adjust their production schedules and explore export opportunities to compensate for reduced domestic demand. The market showed resilience as infrastructure projects gained momentum.
The structural hollow sections market in Thailand sees the participation of companies like TCRS Group, Steel Pipe Industry of Thailand Co., Ltd., and Siam Yamato Steel. These companies manufacture structural hollow sections used in construction and infrastructure development projects.