Please Wait.....
Report
Saudi Arabia Rebar Steel Market, By Type (Deformed, Mild), By End Use (Residential Sector, Commercial Sector, Industrial Sector, Public Sector), By Process (Basic Oxygen Steelmaking, Electric Arc Furnace), By Finishing Type (Epoxy-Coated Rebar, Carbon Steel Rebar, Others), By Region, Competition Forecast & Opportunities, 2028
Market Report I 2023-03-01 I 175 Pages I TechSci Research
Saudi Arabia Rebar Steel Market is anticipated to grow to USD 4328.94 million in 2022 and is expected to grow at a CAGR of 13.97% during the forecast period, owing to a rise in demand for steel rebar from the construction sector, growing construction activities and rise in usage of wire rods in different application areas.
Rebar, short for reinforcing bar, is a steel bar used as a tension device in reinforced concrete and reinforced masonry constructions to help strengthen the concrete under tension. It is also known as reinforcing steel or reinforcement steel when it is massed. Concrete has good compressive strength but poor tensile strength. Rebar greatly boosts the structure's tensile strength. A continuous series of ribs, lugs, or indentations are present on the surface of rebar to improve concrete bonding and lessen the possibility of slippage.
Rise In Usage of Wire Rods in Different Application Areas Driving the Market
Wire rods are a type of steel product that is typically made by hot rolling steel billets into a round cross-section. The lengthy subsequent processing that wire rods go through in the secondary and tertiary processing facilities before the final products are formed is well known. Additionally, the finished products are frequently used as essential components in a variety of industrial industries. Therefore, it is anticipated that the increased use of wire rods in various application areas will present a business opportunity for Saudi Arabian wire rod manufacturers and distributors. Additionally, over the past few years, the production of wire rods has undergone technological development due to an increase in user demand for higher-quality wire rods for a variety of applications, such as the production of steel cords for reinforcing automobile tires, high-strength cables, galvanized wire for suspension bridges and roadways, railroad switches, spring wire, reinforcement strands, fasteners, welding rods, and rods for the reinforcement of buildings. As a result, the expansion of the Saudi Arabian Wire Rod Market during the forecast period is likely to be aided by the rising utilization of wire rods in various application sectors.
Technological Advancement
A deeper exploration of the sectoral system of production and innovation is likely to be encouraged by the advancement of innovations, the proliferation of new processes and technology, and the greater collaboration between suppliers, producers, and users in the steel industry. With increased innovation and advancement in the Rebar steel industry, there will be considered commercial opportunities for both established and emerging market players. Technological advancements and high-end applications promote rebar steel innovation. Corrosion-resistant, epoxy-coated, and earthquake-resistant applications use modern steel rebar. In addition, technologies like microalloying, thermos mechanical treatment, etc., are widely used during the production of rebar steel to increase the material's bendability, weldability, ductility, and corrosion resistance.
Rising Government Investments
Along with reducing its reliance on oil, the Saudi Arabian administration is diversifying the economy of the nation. The Saudi Arabian government is particularly expanding investment for the socioeconomic growth of the Kingdom. To create a variety of investment opportunities in the steel business, the nation's Ministry of Industry and Mineral Resources is collaborating with both domestic and foreign investors. With a total production capacity of 6.2 million tonnes and an estimated investment value of USD 9.3 billion, three projects are now under construction. Therefore, it is anticipated that the demand for rebar steel in Saudi Arabia will rise in tandem with the increased government investments in the steel industry.
Improvement in Infrastructure Sector
In the infrastructure sector, Saudi Arabia has seen rapid development. Additionally, the implementation of significant economic reforms as part of its Vision 2030 program is anticipated to increase opportunities for new entrants in the rebar steel industry. These reforms include changes in the ease of doing business, encouraging new businesses, and obtaining construction permits. A trillion-dollar pipeline of infrastructure projects has also been announced by Saudi Arabia to diversify its economy away from oil-based revenue. The demand for rebar steel is therefore expected to increase in the upcoming years as a result of these developments in the nation.
Growing Construction Activities Driving Market Growth
Construction work is expanding quickly in Saudi Arabia as a result of numerous factors, including the Red Sea Project, the NEOM, and the Saudi Vision 2030 national development program. Additionally, Saudi Arabia's Vision 2030 is strengthening the construction industry and attracting an increasing number of international players, which is likely to increase the demand for rebar steel in Saudi Arabia. This is because local authorities have stimulated significant investment in housing and infrastructure development across the country.
Market Segmentation
The Saudi Arabia Rebar Steel Market is divided into Type, End Use, Process, Finishing Type, Region, and Competitive Landscape. Based on Type, the market is divided into Deformed, and Mild. Based on End Use, the market is segmented into Residential Sector, Commercial Sector, Industrial Sector, and Public Sector. Based on Process, the market is divided into Basix Oxygen Steelmaking and Electric Arc Furnace. Based on Finishing Type, the market is segmented into Epoxy-Coated Rebar, Carbon Steel Rebar, and others.
Market Players
Major market players in the Saudi Arabia Rebar Steel Market are Saudi Iron & Steel Company (Hadeed), Al Ittefaq Steel Products Co., Rajhi Steel Industries Company Ltd., Watania Steel Factory Corporation, Al Yamamah Company, Saudi National Steel Factory, Baghlaf Steel, Mass Steel, Madar Building Materials, LLC, Bahra Steel Co., Attieh Steel Limited.
Report Scope:
In this report, the Saudi Arabia Rebar Steel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Saudi Arabia Rebar Steel Market, By Type:
o Deformed
o Mild
- Saudi Arabia Rebar Steel Market, By End Use:
o Commercial Sector
o Public Sector
o Residential Sector
o Industrial Sector
- Saudi Arabia Rebar Steel Market, By Process:
o Electric Arc Furnace
o Basic Oxygen Steelmaking
- Saudi Arabia Rebar Steel Market, By Finishing Type:
o Epoxy-Coated Rebar
o Carbon Steel Rebar
o Others
- Saudi Arabia Rebar Steel Market, By Region:
o Riyadh
o Makkah
o Eastern Province
o Rest of Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Rebar Steel Market.
Available Customizations:
, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Saudi Arabia Rebar Steel Market
5. Voice of Customer
5.1. Brand Awareness and Brand Recall
5.2. Factors Considered While Selecting Vendor
5.3. Vendor Satisfaction Level
5.4. Major Challenges/Issues Faced
6. GCC Steel Market Outlook
6.1. GCC Steel Market
6.1.1. Market Size & Forecast
6.1.1.1. By Value & Volume
6.2. GCC Rebar Steel Market
6.2.1. Market Size & Forecast
6.2.1.1. By Value & Volume
6.3. GCC Wire Rod Market
6.3.1. Market Size & Forecast
6.3.1.1. By Value & Volume
7. Saudi Arabia Steel Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
8. Saudi Arabia Wire Rod Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
9. Saudi Arabia Rebar Steel Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type (Deformed, Mild)
9.2.2. By End Use (Residential, Commercial, Industrial, Public)
9.2.3. By Process (Basic Oxygen Steelmaking, Electric Arc Furnace)
9.2.4. By Finishing Type (Epoxy-Coated Rebar, Carbon Steel Rebar, Others)
9.2.5. By Region (Riyadh, Makkah, Eastern Province, Rest of Saudi Arabia)
9.2.6. By Company (2022)
9.3. Market Map (By Type, By End Use, By Process, By Finishing Type, By Region)
10. Riyadh Rebar Steel Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End Use
10.2.3. By Process
10.2.4. By Finishing Type
11. Makkah Rebar Steel Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By End Use
11.2.3. By Process
11.2.4. By Finishing Type
12. Eastern Province Rebar Steel Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value & Volume
12.2. Market Share & Forecast
12.2.1. By Type
12.2.2. By End Use
12.2.3. By Process
12.2.4. By Finishing Type
13. Saudi Arabia Finished Steel Products Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value & Volume
14. Market Dynamics
14.1. Drivers
14.2. Challenges
15. Market Trends and Developments
16. Policy and Regulatory Landscape
17. Saudi Arabia Economic Profile
18. Value Chain Analysis
19. Price Point Analysis
20. Import & Export Analysis
21. Limitations of Rebar Steel Market in Saudi Arabia
22. Major Upcoming Infrastructure Projects in Saudi Arabia
23. Company Profiles
23.1. Saudi Iron & Steel Company (HADEED)
23.2. Al Ittefaq Steel Products Co.
23.3. Rajhi Steel Industries Company Ltd.
23.4. Watania Steel Factory Corporation
23.5. Al Yamamah Company for Reinforcing Steel Bars
23.6. Saudi National Steel Factory
23.7. Baghlaf Steel
23.8. Mass Steel
23.9. Madar Building Materials, LLC
23.10. Bahra Steel Co.
23.11. Attieh Steel Limited
24. Strategic Recommendations
25. About Us & Disclaimer
Figure 1: GCC Steel Market Size, By Value (USD Million), 2018-2028F
Figure 2: GCC Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 3: GCC Rebar Steel Market Size, By Value (USD Million), 2018-2028F
Figure 4: GCC Rebar Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 5: GCC Wire Rod Market Size, By Value (USD Million), 2018-2028F
Figure 6: GCC Wire Rod Market Size, By Volume (Million tons), 2018-2028F
Figure 7: Saudi Arabia Steel Market Size, By Value (USD Million), 2018-2028F
Figure 8: Saudi Arabia Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 9: Saudi Arabia Wire Rod Market Size, By Value (USD Million), 2018-2028F
Figure 10: Saudi Arabia Wire Rod Market Size, By Volume (Million tons), 2018-2028F
Figure 11: Saudi Arabia Rebar Steel Market Size, By Value (USD Million), 2018-2028F
Figure 12: Saudi Arabia Rebar Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 13: Saudi Arabia Rebar Steel Market Share, By Type, By Value, 2018-2028F
Figure 14: Saudi Arabia Rebar Steel Market Share, By End Use, By Value, 2018-2028F
Figure 15: Saudi Arabia Rebar Steel Market Share, By Process, By Value, 2018-2028F
Figure 16: Saudi Arabia Rebar Steel Market Share, By Finishing Type, By Value, 2018-2028F
Figure 17: Saudi Arabia Rebar Steel Market Share, By Region, By Value, 2018-2028F
Figure 18: Saudi Arabia Rebar Steel Market Share, By Company, By Value, 2022
Figure 19: Saudi Arabia Rebar Steel Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2022
Figure 20: Saudi Arabia Rebar Steel Market Map, By End Use, Market Size (USD Million) & Growth Rate (%), 2022
Figure 21: Saudi Arabia Rebar Steel Market Map, By Process, Market Size (USD Million) & Growth Rate (%), 2022
Figure 22: Saudi Arabia Rebar Steel Market Map, By Finishing Type, Market Size (USD Million) & Growth Rate (%), 2022
Figure 23: Saudi Arabia Rebar Steel Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022
Figure 24: Riyadh Rebar Steel Market Size, By Value (USD Million), 2018-2028F
Figure 25: Riyadh Rebar Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 26: Riyadh Rebar Steel Market Share, By Type, By Value, 2018-2028F
Figure 27: Riyadh Rebar Steel Market Share, By End Use, By Value, 2018-2028F
Figure 28: Riyadh Rebar Steel Market Share, By Process, By Value, 2018-2028F
Figure 29: Riyadh Rebar Steel Market Share, By Finishing Type, By Value, 2018-2028F
Figure 30: Makkah Rebar Steel Market Size, By Value (USD Million), 2018-2028F
Figure 31: Makkah Rebar Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 32: Makkah Rebar Steel Market Share, By Type, By Value, 2018-2028F
Figure 33: Makkah Rebar Steel Market Share, By End Use, By Value, 2018-2028F
Figure 34: Makkah Rebar Steel Market Share, By Process, By Value, 2018-2028F
Figure 35: Makkah Rebar Steel Market Share, By Finishing Type, By Value, 2018-2028F
Figure 36: Eastern Province Rebar Steel Market Size, By Value (USD Million), 2018-2028F
Figure 37: Eastern Province Rebar Steel Market Size, By Volume (Million tons), 2018-2028F
Figure 38: Eastern Province Rebar Steel Market Share, By Type, By Value, 2018-2028F
Figure 39: Eastern Province Rebar Steel Market Share, By End Use, By Value, 2018-2028F
Figure 40: Eastern Province Rebar Steel Market Share, By Process, By Value, 2018-2028F
Figure 41: Eastern Province Rebar Steel Market Share, By Finishing Type, By Value, 2018-2028F
Figure 42: Saudi Arabia Finished Steel Products Market Size, By Value (USD Million), 2018-2028F.
Figure 43: Saudi Arabia Finished Steel Products Market Size, By Volume (Million tons), 2018-2028F
Figure 44: Saudi Arabia Other Articles of Iron or Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7326)
Figure 45: Saudi Arabia Other Articles of Iron or Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7326)
Figure 46: Saudi Arabia Other Cast Articles of Iron or Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7325)
Figure 47: Saudi Arabia Other Cast Articles of Iron or Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7325)
Figure 48: Saudi Arabia Bars and Rods, Hot-Rolled, In Regularly Wound Coils, of Iron or Non-alloy Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7213)
Figure 49: Saudi Arabia Bars and Rods, Hot-Rolled, In Regularly Wound Coils, of Iron or Non-alloy Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7213)
Figure 50: Saudi Arabia Semi-Finished Products of Iron or Non-alloy Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7207)
Figure 51: Saudi Arabia Semi-Finished Products of Iron or Non-alloy Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7207)
Figure 52: Saudi Arabia Stainless Steel Ingots or Other Primary Forms; Semi-finished Products of Stainless-Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7218)
Figure 53: Saudi Arabia Stainless Steel Ingots or Other Primary Forms; Semi-finished Products Of Stainless-Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7218)
Figure 54: Saudi Arabia Wire of Other Alloy Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7229)
Figure 55: Saudi Arabia Wire of Other Alloy Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7229)
Figure 56: Saudi Arabia Stainless Steel Wire Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7223)
Figure 57: Saudi Arabia Stainless Steel Wire Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7223)
Figure 58: Saudi Arabia Wire of Iron or Non-alloy Steel Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7217)
Figure 59: Saudi Arabia Wire of Iron or Non-alloy Steel Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7217)
Figure 60: Saudi Arabia Flat Rolled Products of Iron or Non-alloy Steel, Of Width Of 600 Mm Or More, Clad, Plated Or Coated Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7210)
Figure 61: Saudi Arabia Flat Rolled Products of Iron or Non-alloy Steel, Of Width Of 600 Mm Or More, Clad, Plated Or Coated Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7210)
Figure 62: Saudi Arabia Iron or Non-alloy Steel; Bars and Rods, Not Further Worked Than Forged, Hot-rolled, Hot Drawn or Hot Extruded, But Including Those Twisted After Rolling Import Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7214)
Figure 63: Saudi Arabia Iron or Non-alloy Steel; Bars and Rods, Not Further Worked Than Forged, Hot-rolled, Hot Drawn or Hot Extruded, But Including Those Twisted After Rolling Export Scenario, By Value (USD Million), 2017 -2021 (HS Code: 7214)
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security