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The top 100 manufacturers generated a record revenue of PLN 13.5bn in 2021, including PLN 5.9bn generated by the segment of steel structures, according to the latest Spectis report "Steel structures market in Poland 2023-2028". Exports represent a whopping 45% of that amount.

We estimate that the nominal growth rate of the steel structures market slowed only slightly (to around 20%) in 2022, while sales of steel structures topped PLN 7.1bn. However, after a period of impressive growth, the industry is about to witness a temporary downturn. Still, the long-term outlook for the steel structures industry remains upbeat.

Expectations for the growth of the steel structures market will be underpinned by an increase in activity in the power construction sector related to the required energy transition of the Polish economy. The construction of Poland’s first offshore wind farms is expected to be in full swing in 2025, whereas the construction of the first nuclear power unit might be launched in 2027. There are also plans to commit substantial funds to upgrading existing conventional power and heat generation units.

Furthermore, within the transport infrastructure area, the steel structures market will continue to be driven by the segment of bridges and viaducts. It is also possible that the first large-scale buildings of the planned Central Communication Port will start by 2024. The situation in the segment will also be supported by the expected continued growth of the industrial and warehouse construction sector, which has generated the strongest demand for steel structures in the recent years.

Steel buildings and the accompanying steel elements constitute the largest market segment in terms of revenue. Industrial and warehouse halls represent a vast majority of that segment. As many as 46 of the 100 companies analysed manufacture halls and building elements. Industrial, chemical, and petrochemical structures, with the prominent category of industrial structures (excluding industrial halls), have moved up to the second spot. Due to its complexity, the segment is fairly numerous – structures of this type are offered by 38 out of the 100 companies covered in the report. Steel structures for the offshore and subsea sectors are the third largest segment. According to Spectis estimates, the three main product categories accounted for over 70% of the steel structures market. The market also includes the following segments: steel structures for the power engineering, transport, and telecommunications industries, structures for transport infrastructure, as well as vessels, tanks and coating structures.

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