Market revenue in 2022 | USD 6,817.9 million |
Market revenue in 2030 | USD 9,718.9 million |
Growth rate | 4.5% (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 |
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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 50.67% in 2022. Horizon Databook has segmented the Thailand long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
In Thailand, the demand steel long products is primarily dependent on its construction and automotive industries. The surging infrastructure investments by the government of the country and the increasing demand for housing and commercial buildings are significant factors contributing to the demand for long steel products, particularly in the construction industry in Thailand.
Additionally, the automotive industry in Thailand has grown significantly over the past few years, with a number of automobile manufacturers setting up their production plants in the country. The growth of the automotive industry in Thailand has led to an increase in the demand for high-quality long steel products for manufacturing vehicles.
The Thai government has launched several large-scale infrastructure projects, including the Eastern Economic Corridor (EEC) and the Bangkok Mass Transit System (BTS) Green Line extension, which will require significant amounts of long steel products.
Horizon Databook provides a detailed overview of country-level data and insights on the Thailand long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Thailand long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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