Indonesia Steel Sections Market Size & Outlook, 2023-2030

The steel sections market in Indonesia is expected to reach a projected revenue of US$ 945.1 million by 2030. A compound annual growth rate of 5.9% is expected of Indonesia steel sections market from 2024 to 2030.
Revenue, 2023 (US$M)
$630.9
Forecast, 2030 (US$M)
$945.1
CAGR, 2024 - 2030
5.9%
Report Coverage
Indonesia

Indonesia steel sections market highlights

  • The Indonesia steel sections market generated a revenue of USD 660.3 million in 2022 and is expected to reach USD 945.1 million by 2030.
  • The Indonesia market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
  • In terms of segment, non-residential was the largest revenue generating application in 2022.
  • Non-residential is the most lucrative application segment registering the fastest growth during the forecast period.

Steel sections market data book summary

Market revenue in 2022USD 660.3 million
Market revenue in 2030USD 945.1 million
Growth rate4.6% (CAGR from 2022 to 2030)
Largest segmentNon-residential
Fastest growing segmentNon-residential
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationResidential, Non-residential
Key market players worldwideEmirates Steel, Arabian Gulf Steel Industries, ArcelorMittal SA Depository Receipt, Metalloinvest, Shadeed Iron & Steel, Rajhi Steel, RAK Industrial Services, Star Stainless Steel, Union Iron & Steel, Watania Steel

Other key industry trends

  • In terms of revenue, Indonesia accounted for 0.5% of the global steel sections market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China steel sections 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 10,768.2 million by 2030.

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Steel Sections Market Scope

Steel sections market segmentation & scope
Construction
Infrastrcture
Industrial
Automotive
Industrial Manufacturing
Power & Energy
Others
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant

Steel Sections Market Companies

Name Profile # Employees HQ Website

Indonesia steel sections 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 steel sections market will help companies and investors design strategic landscapes.


Non-residential was the largest segment with a revenue share of 51.73% in 2023. Horizon Databook has segmented the Indonesia steel sections market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.


  • Indonesia Steel Sections Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Infrastrcture
    • Industrial
    • Automotive
    • Industrial Manufacturing
    • Power & Energy
    • Others
    • Residential
    • Non-residential
    • Oil & gas
    • Chemicals and petrochemicals
    • Automotive & transportion
    • Mechanical engineering
    • Power plant

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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia steel sections market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia steel sections market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Indonesia steel sections market size, by application, 2018-2030 (US$M)

Indonesia Steel Sections Market Outlook Share, 2023 & 2030 (US$M)

Indonesia steel sections market size, by application, 2018-2030 (US$M)

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