What is the size of the structural steel market in India | Insights, Trends & Growth Analysis 2026

Code: MTA11714 Publication Date: Dec 2025

What is the growth rate of the India Structural Steel Market?

According to 6Wresearch internal database and industry insights, India Structural Steel Market is expanding at a CAGR of 7.6% during the forecast period 2026-2032.

There are numbers of factors which are contributing in the expansion of the market include rising infrastructure development, increasing adoption of steel frameworks in construction, growing preference for durable and high-strength materials, expansion of industrial projects.

Key Growth Drivers of the India Structural Steel Market

  • Growing need for strong and dependable building materials
  • More money is going into urban infrastructure and industrial projects.
  • Growing adoption of steel structures in commercial and residential buildings
  • Structural steel is preferred as it lasts a long time and is cost-effective.
  • Rapid urbanization and increased construction activity in large cities

India Structural Steel Market Trends

India Structural Steel Market is witnessing major growth with trends such as rising use of prefabricated steel structures in industrial and commercial projects. Adoption of lightweight, high-strength steel grades is increasing for improved load-bearing performance. The market is experiencing higher demand for corrosion-resistant steel due to long-term durability benefits. Automated fabrication technologies are streamlining production processes. Additionally, the shift towards green building materials is encouraging the use of recyclable structural steel. The demand for structural steel in high-rise construction is increasing rapidly. Further, integration of advanced design software is improving structural precision and project efficiency.

Emerging Developments in the India Structural Steel Market

India Structural Steel Market is evolving with developments in advanced steel alloys designed for better flexibility, strength, and environmental sustainability. Investing in automated steel mills is increasing the amount of steel that can be made. New types of steel structures that can withstand earthquakes and fires are becoming more popular in infrastructure projects. Companies are using digital monitoring technologies to make smart steel solutions. Using structural steel to build modular structures is becoming a very popular trend. Additionally, collaborating with architects and steel makers is pushing design forward. Steel is also being used more in renewable energy infrastructure, such as wind towers and solar mounting structures.

List of Leading Companies in the India Structural Steel Market

Some of the leading companies include:

  • Tata Steel
  • JSW Steel
  • Steel Authority of India Limited (SAIL)
  • Jindal Steel & Power
  • Essar Steel
  • Kamdhenu Limited

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