Malaysia Cold Rolled Steel Sheet Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2030.
Malaysia’s cold rolled steel sheet market is undergoing a significant transformation in 2025, driven by a combination of domestic production challenges and evolving industrial requirements. Despite a robust steel industry, the nation faces a notable deficit in flat steel production, particularly cold rolled sheets, leading to a heavy reliance on imports to meet demand.
Key Industry Demands:
Construction Sector: Dominating steel consumption with 63% of total demand, the construction industry is a primary driver for cold rolled steel sheets, essential for structural applications and infrastructure projects.
Automotive Industry: Accounting for 8% of steel usage, the automotive sector's growth, especially in electric vehicles, necessitates high-strength, lightweight cold rolled steel for vehicle manufacturing.
Electronics and Semiconductors: Representing 9% of demand, this sector requires precision-engineered cold rolled steel sheets for various components and enclosures.
Metal Processing: Comprising 11% of consumption, metal processors utilize cold rolled steel for a range of applications, including machinery and equipment fabrication.
Import Reliance and Market Dynamics:
Malaysia's domestic production of cold rolled steel sheets is insufficient, with a self-sufficiency rate below 10%. Consequently, the country imported approximately 4 million metric tons of sheets and plates in 2023, over 50% of total steel imports. Major suppliers include Japan, South Korea, and China, providing high-quality cold rolled products to meet Malaysia's industrial needs.
Future Outlook:
To address the supply gap, Malaysia is focusing on enhancing its cold rolled steel production capabilities. Initiatives include investing in advanced manufacturing technologies and aligning with national policies like the New Industrial Master Plan 2030, which emphasizes reducing import dependence and promoting sustainable industrial growth. These efforts aim to bolster domestic production, meet the growing demand across various industries, and position Malaysia as a competitive player in the regional steel market.
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JFE Steel
TISCO
Baowu Group
Hongwang Group
POSCO PZSS
Zhejiang Yongjin Corp
Beihai Chengde Group
Ourgame (Guangzhou) Stainless Steel
Jiugang
Hyundai Steel
Toyo Kohan
Nippon Steel
Zhejiang Xiehe Group
KOBE STEEL
AHMSA
JSW Steel
By 2030, Malaysia is expected to witness significant momentum in the market research industry, aligning with the global projection of surpassing $120 billion, driven by a compound annual growth rate (CAGR) of over 5.8% from 2023 to 2030. The industry in Malaysia is being reshaped by technological disruptions, particularly through the adoption of machine learning, artificial intelligence, and advanced data analytics. These technologies provide businesses with predictive analysis and real-time consumer insights, enabling smarter and more precise decision-making. As part of the broader Asia-Pacific region, Malaysia is positioned to contribute substantially to the over 35% revenue growth expected from this region. Additionally, the adoption of innovative techniques such as mobile surveys, social listening, and online panels is rapidly gaining ground in Malaysia, emphasizing speed, precision, and customization, and driving a new era of data-driven strategies across industries.
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Growing demand for below applications around the world has had a direct impact on the growth of the Malaysia Cold Rolled Steel Sheet Market
Standard Cold Rolled Steel Sheets
High Strength Cold Rolled Steel Sheets
Ultra-thin Cold Rolled Steel Sheets
Coated Cold Rolled Steel Sheets
Automotive
Construction
Electrical Appliances
Industrial Applications
Thin (up to 1mm)
Medium (1mm to 3mm)
Thick (above 3mm)
Aerospace
Marine
Consumer Goods
Heavy Equipment
Non-treated
Painted
Galvanized
Passivated
1. Singapore
Relationship: Strong economic ties; major trading partner.
Highlights: Advanced financial and logistics hub; shares deep cross-border business and travel links with Malaysia.
2. Indonesia
Relationship: Largest ASEAN economy; close cultural and linguistic ties.
Highlights: Major market for Malaysian exports; shared initiatives in palm oil, labor, and regional security.
3. Thailand
Relationship: Land-border neighbor with active cross-border trade.
Highlights: Strong tourism, agricultural, and automotive collaboration.
4. Brunei
Relationship: Close diplomatic and energy-sector ties.
Highlights: Joint ventures in oil & gas; similar Malay cultural heritage.
5. Philippines
Relationship: Regional partner in ASEAN; maritime neighbor.
Highlights: Collaborations in education, labor migration, and disaster relief.
6. Vietnam
Relationship: Growing trade and investment partner.
Highlights: Rising manufacturing hub; strong demand for Malaysian technology and services.
7. Cambodia, Laos, and Myanmar
Relationship: Developing ASEAN members with growing economic ties to Malaysia.
Highlights: Opportunities in construction, retail, and financial services.
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1. Introduction of the Malaysia Cold Rolled Steel Sheet Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Malaysia Cold Rolled Steel Sheet Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Malaysia Cold Rolled Steel Sheet Market, By Type
6. Malaysia Cold Rolled Steel Sheet Market, By Application
7. Malaysia Cold Rolled Steel Sheet Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia
Vietnam
8. Malaysia Cold Rolled Steel Sheet Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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