India Long Steel Products Market Size & Outlook, 2022-2030

The long steel products market in India is expected to reach a projected revenue of US$ 69,674.3 million by 2030. A compound annual growth rate of 5.6% is expected of India long steel products market from 2023 to 2030.
Revenue, 2022 (US$M)
$45,074.8
Forecast, 2030 (US$M)
$69,674.3
CAGR, 2023 - 2030
5.6%
Report Coverage
India

India long steel products market, 2018-2030 (US$M)

India

India long steel products market highlights

  • The India long steel products market generated a revenue of USD 45,074.8 million in 2022 and is expected to reach USD 69,674.3 million by 2030.
  • The India market is expected to grow at a CAGR of 5.6% from 2023 to 2030.
  • In terms of segment, rebars was the largest revenue generating product in 2022.
  • Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.


Long steel products market data book summary

Market revenue in 2022USD 45,074.8 million
Market revenue in 2030USD 69,674.3 million
Growth rate5.6% (CAGR from 2022 to 2030)
Largest segmentRebars
Fastest growing segmentWire Rods
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRebars, Wire Rods, Sections, Tubes
Key market players worldwideArcelorMittal SA Depository Receipt, Jindal Stainless, Emirates Steel, Arabian Gulf Steel Industries, Hamriyah Steel, Rajhi Steel, Union Iron & Steel, Watania Steel


Other key industry trends

  • In terms of revenue, India accounted for 6.0% of the global long steel products market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China long steel products market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 69,674.3 million by 2030.

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Long Steel Products Market Companies

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India long steel products market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to long steel products market will help companies and investors design strategic landscapes.


Rebars was the largest segment with a revenue share of 34.47% in 2022. Horizon Databook has segmented the India long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of long steel products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the India long steel products market , including forecasts for subscribers. This country databook contains high-level insights into India long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India long steel products market outlook size, by product, 2018-2030 (US$M)

India Long Steel Products Market Outlook Share, 2022 & 2030 (US$M)

India long steel products market outlook size, by product, 2018-2030 (US$M)

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