India Sheet Metal Market Size & Outlook, 2024-2030
The sheet metal market in India is expected to reach a projected revenue of US$ 16,622.3 million by 2030. A compound annual growth rate of 7.7% is expected of India sheet metal market from 2025 to 2030.
- Metals & Mining
- Metals, Mining & Minerals
- Sheet Metal Market Outlook
- Metals, Mining & Minerals
Revenue, 2024 (US$M)
$10,654.1
Forecast, 2030 (US$M)
$16,622.3
CAGR, 2025 - 2030
7.7%
Report Coverage
India
Global Market
Related Markets
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India sheet metal market highlights
- The India sheet metal market generated a revenue of USD 10,654.1 million in 2024 and is expected to reach USD 16,622.3 million by 2030.
- The India market is expected to grow at a CAGR of 7.7% from 2025 to 2030.
- In terms of segment, steel was the largest revenue generating product in 2024.
- Aluminum is the most lucrative product segment registering the fastest growth during the forecast period.
Sheet metal market data book summary
| Market revenue in 2024 | USD 10,654.1 million |
| Market revenue in 2030 | USD 16,622.3 million |
| Growth rate | 7.7% (CAGR from 2025 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Aluminum |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum |
Other key industry trends
- In terms of revenue, India accounted for 5.9% of the global sheet metal market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sheet metal market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 130,037.9 million by 2030.
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Publish Date: Mar 11, 2025
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Sheet Metal Market Scope
Sheet Metal Market segmentation & scope
Sheet Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Norsk Hydro ASA | View profile | 32,724 | Drammensveien 264, Oslo, Norway, NO-0283 | www.hydro.com |
| Nippon Steel Corp | View profile | 121,990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | www.nipponsteel.com |
| POSCO Holdings Inc ADR | View profile | 44,501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | www.posco.co.kr |
| Aleris International | View profile | 5001-10000 | Cleveland, Ohio, United States, North America | aleris.com |
| Howmet Aerospace Inc | View profile | 23,200 | 201 Isabella Street, Suite 200, Pittsburgh, PA, United States, 15212-5872 | www.howmet.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | www.baosteel.com/group_en/ |
| Tata BlueScope Steel | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | www.tatabluescopesteel.com/ |
| Constellium SE Class A | View profile | 12,000 | 40-44 rue Washington, Washington Plaza, Paris, France, 75008 | www.constellium.com |
| United States Steel Corp | View profile | 21,803 | 600 Grant Street, Pittsburgh, PA, United States, 15219-2800 | www.ussteel.com |
| Hindalco Industries Ltd GDR | View profile | 63,258 | Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, India, 400030 | www.hindalco.com |
India Sheet Metal 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 Sheet Metal Market Outlook will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 92.49% in 2024.
Horizon Databook has segmented the India sheet metal market based on steel, aluminum covering the revenue growth of each sub-segment from 2018 to 2030.
- India Sheet Metal Market Product Outlook (Revenue, USD Million , 2018-2030)
- Steel
- Aluminum
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Horizon Databook provides a detailed overview of country-level data and insights on the India Sheet Metal Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Sheet Metal Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Sheet Metal Market, 2018-2030 (US$M)
India Product - Sheet Metal Market Statistics, 2024 - 2030 (Kilotons)
