India Pre-Engineered Buildings Market Subjected to Expand to Showcase Rampant Growth by 2023

The usage of PEBs across various applications has widened the scope of the India Pre-Engineered Buildings Market. The need for less time consuming and cost effective construction with high aesthetic values have helped the market for PEB grow in all major sectors such as commercial, industrial and infrastructure. In addition, due to various government policies, the number of SEZs in India is growing significantly. This will boost demand for the pre-engineered buildings in the region.

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The India pre-engineered buildings market is poised to grow at 11.63% CAGR and is estimated to reach USD 3.56 billion by the end of forecast period.

Market Research Analysis

Based on material, the market is segmented as steel, aluminum and others. Based on application, the market is bifurcated as commercial, industrial and infrastructure. Among these, commercial accounted for the largest market share and expected to touch USD 1.45 billion with 12.51% CAGR. As it is used across various commercial needs such as high rise buildings, super markets, multiplexes and sports stadium. Also, there is an expanding Industrial movement in India with lot of foreign and domestic investment, increasing number of manufacturing units and offices, emergence of e-commerce platforms and increased consumption of consumer goods have led to the increased demand for warehouses, factory buildings, offices, processing mills, workshops and more.

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Scope of the Report

This study provides an overview of the India pre-engineered buildings market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Indian market. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the India pre-engineered buildings market by its type, end market and regions.

By Material

• Steel

• Aluminum

• Others

By Application

• Commercial

• Industrial

• Infrastructure

Key Players

The key players of the India pre-engineered buildings market are Tata Bluescope Steel Ltd. (India), Kirby Building Systems (Kuwait), Interarch Building Products Pvt. Ltd (India), Jindal Buildsys Ltd. (India), Era Infra Engineering Ltd. (India), Everest Industries (India), LLOYD Insulations Ltd. (India), Multicolor Steels Pvt. Ltd. (India), Pennar Engineered Building Systems Ltd. (India), SML Group (India), Smith Structures Private Ltd. (India) and Tiger Steel Engineering (India).

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