Saudi Arabia Structural Steel Market Size - By Product Type, By Usage, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Saudi Arabia Structural Steel Market Overview
According to SPER Market Research, the Saudi Arabia Structural Steel Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%. A unique kind of steel called structural steel is widely used as a component of building core structures and as a means of reinforcing concrete. The substance must meet standards for composition, dimensional tolerance, and dependability. Structural steel needs to be optimized, powerful, ductile, and support superior machinability in order to be employed in building and construction applications. The surge in construction spending, which is driven by soaring government investments, improving living standards, and rising disposable income, is fueling the expansion of the structural steel market in Saudi Arabia.
Impact of COVID-19 on the Saudi Arabia Structural Steel Market
The Structural Steel market in Saudi Arabia has been significantly impacted by the COVID-19 pandemic, as has been the case for many industries globally. The pandemic has affected the industry in several ways, including decreased demand, supply chain disruptions, labor shortages, and government support. Specifically, the pandemic has caused a slowdown in the construction industry, which is a major consumer of structural steel, leading to decreased demand and lower prices. Furthermore, supply chain disruptions have caused delays in the delivery of raw materials, impacting the production of structural steel.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Product Type, By Usage, By End User
Regions covered Eastern Region, Northern and Capital Region, Western Region, Others
Companies Covered Al Ittefaq Steel Products Co’s (ISPC), Alfanar Group, POSCO, Saudi Iron and Steel Company (HADEED), Zamil Structural Steel Co. Ltd.
Saudi Arabia Structural Steel Market Segmentation:
By Product Type: Based on the Product Type, Saudi Arabia Structural Steel Market is segmented as; Angles, Columns, H-Type Beam, I-Type Beam, Others.
By Usage: Based on the Usage, Saudi Arabia Structural Steel Market is segmented as; Direct End-User, EPC-Contractor, Others.
By End User: Based on the End User, Saudi Arabia Structural Steel Market is segmented as; Commercial, Institutional, Manufacturing, Residential.
By Region: This report also provides the data for key regional segments of Eastern Region, Northern and Capital Region, Western Region, Others.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Saudi Arabia Structural Steel Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Competitive Landscape
- 6.1 Saudi Arabia Structural Steel Manufacturing Base Distribution, Sales Area, Product Type
- 6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Structural Steel Market
- 7. Saudi Arabia Structural Steel Market, By Product Type, 2019-2032 (USD Million)
- 7.1 Angles
- 7.2 Columns
- 7.3 H-Type Beam
- 7.4 I-Type Beam
- 7.5 Others
- 8. Saudi Arabia Structural Steel Market, By Usage, 2019-2032 (USD Million)
- 8.1 Direct End-User
- 8.2 EPC-Contractor
- 8.3 Others
- 9. Saudi Arabia Structural Steel Market, By End User, 2019-2032 (USD Million)
- 9.1 Commercial
- 9.2 Institutional
- 9.3 Manufacturing
- 9.4 Residential
- 10. Saudi Arabia Structural Steel Market, By Region, 2019-2032 (USD Million)
- 10.1 Saudi Arabia Structural Steel Size and Market Share by Region (2019-2025)
- 10.2 Saudi Arabia Structural Steel Size and Market Share by Region (2026-2032)
- 10.3 Eastern Region
- 10.4 Northern and Capital Region
- 10.5 Western Region
- 10.6 Others
- 11. Company Profiles
- 11.1 Al Ittefaq Steel Products Co’s (ISPC)
- 11.1.1 Company details
- 11.1.2 Financial outlook
- 11.1.3 Product summary
- 11.1.4 Recent developments
- 11.2 Alfanar Group
- 11.2.1 Company details
- 11.2.2 Financial outlook
- 11.2.3 Product summary
- 11.2.4 Recent developments
- 11.3 POSCO
- 11.3.1 Company details
- 11.3.2 Financial outlook
- 11.3.3 Product summary
- 11.3.4 Recent developments
- 11.4 Saudi Iron and Steel Company (HADEED)
- 11.4.1 Company details
- 11.4.2 Financial outlook
- 11.4.3 Product summary
- 11.4.4 Recent developments
- 11.5 Zamil Structural Steel Co. Ltd.
- 11.5.1 Company details
- 11.5.2 Financial outlook
- 11.5.3 Product summary
- 11.5.4 Recent developments
- 12. List of Abbreviations
- 13. Reference Links
- 14. Conclusion
- 15. Research Scope
Research Assistance
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