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Report

Vietnam Structural Steel Fabrication Market Report and Forecast 2025-2034

Market Report I 2025-06-06 I 140 Pages I EMR Inc.

The Vietnam structural steel fabrication market reached approximately USD 2.67 Billion in 2024. The market is projected to grow at a CAGR of 7.80% between 2025 and 2034, reaching a value of around USD 5.66 Billion by 2034.

Vietnam Structural Steel Fabrication Market Growth

The demand for structural steel has been greatly influenced by the ongoing infrastructural projects in the country. Vietnam has emerged as a key player in Asia, allocating 5.7% of its GDP towards infrastructure development. Public investment in infrastructure has been a major driver of Vietnam's economic growth in recent years. The country has already completed 1,729 km of expressways and aims to increase this to 3,000 km by 2025. Additionally, Vietnam's Information and Communication Infrastructure Master Plan focuses on high-speed internet, green data centres, specialised IT parks, and comprehensive cybersecurity measures to establish itself as a leading hub for network security in Asia by 2030.

Vietnam's continuous industrialisation plays a crucial role in boosting the market expansion. The growth of manufacturing and industrial sectors necessitates large quantities of structural steel for building and enhancing infrastructure. The steady economic progress has led to higher investments in infrastructure ventures such as transportation systems, bridges, and commercial structures, all of which rely heavily on structural steel.

Fabricated steel structures are known for their durability and strength, making them a popular choice for a wide range of applications, including commercial buildings, industrial facilities, warehouses, and even residential homes. The versatility of fabricated steel structures allows for customisation and flexibility in design, making them a preferred choice for architects and builders looking to create unique and innovative structures.

Vietnam Structural Steel Industry Segmentation

"Vietnam Structural Steel Fabrication Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

- Light Sectional Steel
- Heavy Sectional Steel
- Others

Market Breakup by End Use

- Power and Energy
- Construction
- Oil and Gas
- Manufacturing
- Others

Market Breakup by Region

- Southeast
- Red River Delta
- Mekong River Delta
- South Central Coast
- Others

Vietnam Structural Steel Fabrication Market Share

Based on end use, the market is segmented into construction, oil and gas, manufacturing, and power and energy, among others. The construction sector is projected to grow at a CAGR of 8.4% between 2025-2034. The construction sector makes extensive use of structural steel fabrication as it facilitates strength, resilience, adaptability, and affordability. Because of its strength-to-weight ratio, structural steel is frequently used in the construction of skyscrapers and other tall buildings.

Leading Companies in the Vietnam Structural Steel Fabrication Market

The market players are focusing on the production of green steel to promote sustainability and gain a competitive edge in the market.

- Zamil Steel Buildings Vietnam Co., Ltd.

- PEB Steel Buildings Co., Ltd.

- ATAD Steel Structure corp.

- Universal Vietnam Steel Buildings Co., Ltd.

- Tri Viet Steel Buildings Co., Ltd.

- Kirby Southeast Asia Co. Ltd.

- Metalic Vietnam Co. Ltd.

- PMB Steel

- Dai Dung Metallic Manufacture Construction and Trade Corporation

- Others

Vietnam Structural Steel Fabrication MarketReport Snapshots

Vietnam Structural Steel FabricationMarket Size

Vietnam Structural Steel Fabrication Market Growth

Vietnam Structural Steel FabricationMarket Share

Vietnam Structural Steel FabricationCompanies

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Structural Steel Fabrication Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Structural Steel Fabrication Historical Market (2018-2024)
5.3 Asia Pacific Structural Steel Fabrication Market Forecast (2025-2034)
6 Vietnam Structural Steel Fabrication Market Overview
6.1 Key Industry Highlights
6.2 Vietnam Structural Steel Fabrication Historical Market (2018-2024)
6.3 Vietnam Structural Steel Fabrication Market Forecast (2025-2034)
7 Vietnam Structural Steel Fabrication Market by Product Type
7.1 Light Sectional Steel
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Heavy Sectional Steel
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Others
8 Vietnam Structural Steel Fabrication Market by End Use
8.1 Power and Energy
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Construction
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Oil and Gas
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Manufacturing
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Others
9 Vietnam Structural Steel Fabrication Market by Region
9.1 Southeast
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Red River Delta
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mekong River Delta
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 South Central Coast
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Zamil Steel Buildings Vietnam Co., Ltd.
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 PEB Steel Buildings Co., Ltd.
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 ATAD Steel Structure corp.
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Universal Vietnam Steel Buildings Co., Ltd.
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 Tri Viet Steel Buildings Co., Ltd.
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 Kirby Southeast Asia Co. Ltd.
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 Metalic Vietnam Co. Ltd.
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 PMB Steel
11.5.8.1 Company Overview
11.5.8.2 Product Portfolio
11.5.8.3 Demographic Reach and Achievements
11.5.8.4 Certifications
11.5.9 Dai Dung Metallic Manufacture Construction and Trade Corporation
11.5.9.1 Company Overview
11.5.9.2 Product Portfolio
11.5.9.3 Demographic Reach and Achievements
11.5.9.4 Certifications
11.5.10 Others

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