Indonesia Long Steel Products Market Size & Outlook
Indonesia long steel products market, 2018-2030 (US$M)
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Indonesia long steel products market highlights
- The Indonesia long steel products market generated a revenue of USD 4,528.9 million in 2022 and is expected to reach USD 6,578.6 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 4.8% 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 2022 | USD 4,528.9 million |
| Market revenue in 2030 | USD 6,578.6 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rebars, Wire Rods, Sections, Tubes |
| Key market players worldwide | ArcelorMittal 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, Indonesia accounted for 0.6% 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 Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia 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 51.88% in 2022. Horizon Databook has segmented the Indonesia long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Indonesia is flourishing. The demand for long steel products such as reinforcing bars (rebar) and wire rods is expected to surge in Indonesia in the coming years owing to infrastructure development projects related to housing, transportation, and energy generation being carried out in the country.
Despite the high demand for steel, Indonesia struggles to produce the necessary steel to cater to its domestic requirements. As such, it relies increasingly on steel imports from other parts of the world. As per International Trade Administration in 2017, Indonesia was the tenth-largest steel importer globally, with a total of USD 1 billion spent on long steel products imports.
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Our clientele includes a mix of long steel products market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia long steel products market outlook size, by product, 2018-2030 (US$M)
Indonesia Long Steel Products Market Outlook Share, 2022 & 2030 (US$M)
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