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The Saudi Arabia structural steel market is expanding through market players, with companies specializing in various steel products that are utilized in a wide range of commercial and residential projects across the country.
Saudi Iron and Steel Company (HADEED), a prominent integrated steel facility situated in Al Jubail, Saudi Arabia, was established in 1979 and commenced operations in 1983. Its steel products find application in diverse commercial and residential projects nationwide.
Al Ittefaq Steel Products Co (ISPC) is a significant steel manufacturer located in Saudi Arabia, specialising in a range of products such as welding electrodes, steel mesh, bolts, springs, and wires. The company, headquartered in Dammam, Saudi Arabia, also manufactures rebar coils, including standardized deformed rebar coils, serving diverse end-use sectors.
Alfanar Group, a well-known Saudi construction firm headquartered in Riyadh, specializes in producing electrical construction components, EPC solutions, and a variety of engineered products. Operating in the Middle East, Asia, Africa, and Europe, the company serves the needs of various end-use sectors.
Zamil Structural Steel Company Limited established in 1983, specializes in fabricating and installing structural steel and plate works for diverse industrial and commercial needs. They cater to power and desalination plants, petrochemical facilities, the oil and gas sector, cement plants, steel mills, high-rise buildings, and various industrial and commercial complexes.
Other key players in the Saudi Arabia structural steel market include Arabian Metal Product Organization, and Isam Khairi Kabbani Group among others.
Saudi Arabia Structural Steel Market Size
Saudi Arabia Structural Steel Market Trends
Saudi Arabia Structural Steel Companies
Saudi Arabia Structural Steel Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Saudi Arabia Structural Steel Market Overview
8.1 Key Industry Highlights
8.2 Saudi Arabia Structural Steel Historical Market (2018-2023)
8.3 Saudi Arabia Structural Steel Market Forecast (2024-2032)
9 Saudi Arabia Structural Steel Market by Product Type
9.1 H-Type Beam
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 I-Type Beam
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Columns
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Angles
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Saudi Arabia Structural Steel Market by End-Use
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Institutional
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Commercial
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Manufacturing
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Saudi Arabia Structural Steel Market by Usage
11.1 Direct End-User
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 EPC-Contractor
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 Saudi Arabia Structural Steel Market by Region
12.1 Northern and Capital Region
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Western Region
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Eastern Region
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
14 Pricing Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Saudi Iron and Steel Company (HADEED)
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Al Ittefaq Steel Products Co's (ISPC)
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Alfanar Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Zamil Structural Steel Company Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Arabian Metal Product Organization
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Isam Khairi Kabbani Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Saudi Arabia Structural Steel Market: Key Industry Highlights, 2018 and 2032
2. Saudi Arabia Structural Steel Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Saudi Arabia Structural Steel Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Saudi Arabia Structural Steel Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Saudi Arabia Structural Steel Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Saudi Arabia Structural Steel Historical Market: Breakup by Usage (USD Million), 2018-2023
7. Saudi Arabia Structural Steel Market Forecast: Breakup by Usage (USD Million), 2024-2032
8. Saudi Arabia Structural Steel Historical Market: Breakup by Region (USD Million), 2018-2023
9. Saudi Arabia Structural Steel Market Forecast: Breakup by Region (USD Million), 2024-2032
The market is projected to grow at a CAGR of 4.90% between 2024 and 2032.
The demand for structural steel in Saudi Arabia is propelled by robust growth in the industrial sector, the adoption of sustainable construction practices, cost efficiency, and rising investments.
The structural steel market is categorised according to its product type, which includes H-Type Beam, I-Type Beam, Columns, Angles, and others.
The market key players are Saudi Iron and Steel Company (HADEED), Al Ittefaq Steel Products Co's (ISPC), Alfanar Group, Zamil Structural Steel Co. Ltd., Arabian Metal Product Organization, and Isam Khairi Kabbani Group among others.
Based on the usage it is divided into Direct End-User, EPC-Contractor, and Others.
The major market areas include the Northern and Capital Region, Western Region, Eastern Region and Others.
Based on the end use, the market is divided into residential, commercial, and manufacturing.
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