Middle East & Africa Flat Steel Market Size & Outlook
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MEA flat steel market highlights
- The MEA flat steel market generated a revenue of USD 42,174.1 million in 2022.
- The market is expected to grow at a CAGR of 1.7% from 2023 to 2030.
- In terms of segment, plates was the largest revenue generating product in 2022.
- Plates is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Qatar is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 42,174.1 million |
| Market revenue in 2030 | USD 48,361.9 million |
| Growth rate | 1.7% (CAGR from 2022 to 2030) |
| Largest segment | Plates |
| Fastest growing segment | Plates |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sheets & Coils, Plates |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, BAOSTEEL, JFE Holdings Inc, Nippon Steel Corp, Nucor Corp, Outokumpu Oyj Class A, POSCO Holdings Inc ADR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp, Voestalpine AG, Ezz Steel, HBIS |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.2% of the global flat steel market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 639,168.8 million by 2030.
Key Regions: UAE , U.S. , Japan , Brazil , Saudi Arabia
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Flat Steel Market Scope
Flat Steel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HBIS | View profile | 51-100 | Waxahachie, Texas, United States, North America | https://www.hbisonline.com |
| Ezz Steel | View profile | 5001-10000 | Garden City, Al Qahirah, Egypt, Africa | http://www.ezzsteel.com |
| Voestalpine AG | View profile | 50712 | Voestalpine-Strasse 1, Linz, Austria, 4020 | https://www.voestalpine.com |
| United States Steel Corp | View profile | 21803 | 600 Grant Street, Pittsburgh, PA, United States, 15219-2800 | https://www.ussteel.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Outokumpu Oyj Class A | View profile | 8776 | Salmisaarenranta 11, Helsinki, Finland, FI-00180 | https://www.outokumpu.com |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| POSCO Holdings Inc ADR | View profile | 44501 | POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Korea, Republic of, 06194 | https://www.posco.co.kr |
| Nippon Steel Corp | View profile | 121990 | 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-8071 | https://www.nipponsteel.com |
| JFE Holdings Inc | View profile | 44469 | 2-2-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan, 100-0011 | http://www.jfe-holdings.co.jp |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
| Nucor Corp | View profile | 32000 | 1915 Rexford Road, Charlotte, NC, United States, 28211 | https://www.nucor.com |
| Tata Steel Ltd GDR - 144A | View profile | 73496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | https://www.tatasteel.com |
Middle East & Africa flat steel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat steel market will help companies and investors design strategic landscapes.
Plates was the largest segment with a revenue share of 59.65% in 2022. Horizon Databook has segmented the Middle East & Africa flat steel market based on sheets & coils, plates covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of flat steel market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa flat steel market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flat steel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA flat steel market size, by country, 2018-2030 (US$M)
Middle East & Africa Flat Steel Market Outlook Share, 2022 & 2030 (US$M)
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