Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Saudi Arabia Structural Steel Market Competitive Landscape

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 Report Snapshots

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.*

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Key Questions Answered in the Report

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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