Published by Ventures Onsite in April 2024, the GCC Steel Market Report provides a detailed understanding of the steel industry within the GCC region. This comprehensive report provides crucial insights into market trends, growth opportunities, macroeconomic factors, and the competitive landscape, making it an invaluable resource for industry professionals, key players, and investors.
The report analyzes the GCC steel market’s value chain, technological advancements, and the strategic initiatives of key market players to enhance their market presence and meet the growing needs of the construction industry. Moreover, the report uncovers GCC export-import trade value data for various steel commodities.
Amidst expanding construction activity across the GCC region as illustrated by a staggering USD 140.57 billion building sector contractor awards recorded in 2023-2024, stakeholders in the steel industry are well placed to benefit from upcoming opportunities.
Residential, commercial, and smart city projects, fueled by significant government investments and foreign direct inflows, are driving the demand for steel across the GCC region. The emphasis to diversify the economy from being an oil-dependent nation is expected to bode well for the steel market.
Note: The actual figures (USD Million) will be disclosed in the final report
Megaprojects like Neom and Riyadh Expo 2030 City in Saudi Arabia, and Palm Jebel Ali in the UAE are driving the demand for steel in the region.
As the GCC steel market experiences robust growth, our comprehensive market intelligence report provides insights into the factors driving this surge, including regional economic landscape, market dynamics, prominent companies and contractors operating in the region, and the latest available trade data..
Note: The actual figures (USD Million) will be disclosed in the final report
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VALUE CHAIN ANALYSIS
1 | GCC Market Overview: An in-depth analysis of the overall market landscape in the GCC region. |
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2 | GCC Steel Market Opportunity: Market size and growth opportunities within the GCC steel market. |
3 | GCC Economic Landscape: Economic overview of GCC countries and budget spends which significantly influence the steel market. |
4 | Value Chain Analysis: Detailed assessment of the steel market's value chain. |
5 | Technology Adoption: Insights into the latest technological advancements in the steel industry. |
6 | Strategic Developments: Overview of key strategic initiatives shaping the market. |
7 | Porter’s 5 Forces: Analysis of the competitive forces within the GCC steel market. |
8 | PESTLE Analysis: Comprehensive PESTLE analysis of the market environment. |
9 | GCC Construction Building Sector Projects Value, 2023: Project Value and country split of construction building sector projects in 2023. |
10 | Companies that Announced Building Projects in 2023 |
11 | Companies that Awarded Building Projects to Contractors in 2023 |
12 | Top Building Projects Awarded to Contractors in 2023 |
13 | Top Building Projects Expected to be Awarded to Contractors in 2024 |
14 | Top Contractors that Bagged Building Projects in 2023 |
15 | Competitive Landscape: Detailed profiles and offerings of prominent steel companies operating in the GCC. |
16 | GCC Steel Export-Import Trade Value Data: Data on export and import trade values. |