India Pre-engineered Buildings Market Research Report - Global Forecast till 2027

India Pre-engineered Buildings Market: Information by Material (Steel, Aluminum and others), by Products (Walls, Columns & Beams, Roofs & floors and others) and by Application (Residential, Commercial and Industrial) - Forecast to 2027

ID: MRFR/CO/1925-CR | June 2019 | Region: Global | 87 pages

 India Pre-engineered Buildings Market Overview


India Pre-Engineered Buildings Market is Expected to Expand at 11.66% CAGR during the forecast period.  


Segmentation


The India pre-engineered buildings market is segmented based on material, products and application.  On the basis of material, the India pre-engineered buildings market is segmented into steel, aluminum and others. The steel segment is expected to dominate the market during the forecast period. Prefabrication of steel for construction has several benefits such as the speeding of construction up to 50%, high level of quality control, and reduce wastage. Such factors are anticipated to generate a significant demand for steel.


On the basis of products, the India pre-engineered buildings market is segmented into walls, columns & beams, roofs & floors, and others. The roofs & floors segment is expected to hold the maximum market share. Prefabricated roof & floors are constructed off-site using advanced technology, which help the PEB by consuming less time and requiring less maintenance. Such factors collectively raise the demand for roofs & floors.


On the basis of application, the India pre-engineered buildings market is segmented into residential, commercial, and industrial. The residential segment is expected to hold the maximum market share, owing to increasing investment inflow majorly due to the increasing population coupled with rapid urbanization. This drastic change has further enhanced the need for residential buildings in India.


Key Competitors:


The key players in the India pre-engineered buildings market are Tata BlueScope Steel (India), Era Infra Engineering Ltd (India), Everest Industries Limited (India), Pennar Industries Limited (India), Lloyd Insulations (India) Limited (India), Kirby Building Systems (Germany), Interarch Building Products Pvt. Ltd (India), Jindal Buildsys Limited (India), Multicolor Steels (India) Pvt. Ltd (India), SML Group (India), SmithStructures (India), Tiger Steel Engineering (I) Pvt. Ltd (India)


Synopsis:


The India pre-engineered buildings market has been segmented on the basis of material, products, and application. On the basis of material, the market is segmented into steel, aluminum, and others. The steel segment is expected to dominate the pre-engineered buildings market, which has several benefits such as the speeding of construction up to 50% and high level of quality control.


Industry Updates



  • In September 2015, Tata Bluescope steel launched LYSAGHT TRIMDEK OPTIMA & THERMATECH Solar Reflectance Technology in COLORBOND steel. Thermatech technology provides a superior level of thermal protection for industrial, commercial, and residential buildings by absorbing less heat.


Market Segmentation

  • By Material – Steel, Aluminum, and Others

  • By Products Walls, Columns & Beams, Roofs & floors, and Others

  • By Application – Residential, Commercial, and Industrial


Key Questions Addressed by the Report

  • What was the historic market size (2017)?

  • Which segmentation (Material/Products/Application) is driving market?

  • What will be the growth rate by 2023?

  • How are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   11.66% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Technology, by Application, by Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Tata BlueScope Steel (India), Era Infra Engineering Ltd (India), Everest Industries Limited (India), Pennar Industries Limited (India), Lloyd Insulations (India) Limited (India), Kirby Building Systems (Germany), Interarch Building Products Pvt. Ltd (India), Jindal Buildsys Limited (India), Multicolor Steels (India) Pvt. Ltd (India), SML Group (India), SmithStructures (India), Tiger Steel Engineering (I) Pvt. Ltd (India)
  Key Market Opportunities    New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Increasing population coupled
  • Rapid urbanization


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    Major materials used in the India pre-engineered buildings market include steel, aluminum, and others.

    India pre-engineered buildings market is expected to exhibit a strong 11.66% CAGR over the forecast period till 2023.

    The growing construction industry in India is the major driver for the India pre-engineered buildings market.

    Major products in the India pre-engineered buildings market include walls, columns and beams, roofs and floors, and others.

    Leading players in the India pre-engineered buildings market include Tata BlueScope Steel, Era Infra Engineering Ltd., and Everest Industries Ltd., among others.