Market revenue in 2022 | USD 58.4 million |
Market revenue in 2030 | USD 63.3 million |
Growth rate | 1% (CAGR from 2022 to 2030) |
Largest segment | Rebars |
Fastest growing segment | Wire Rods |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Rebars, Wire Rods, Sections, Tubes |
Key market players worldwide | ArcelorMittal SA Depository Receipt, Jindal Stainless, Emirates Steel, Arabian Gulf Steel Industries, Hamriyah Steel, Rajhi Steel, Union Iron & Steel, Watania Steel |
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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 long steel products market will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 39.55% in 2022. Horizon Databook has segmented the Kenya long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
The Kenyan government has taken several initiatives to increase the production of long steel in the region. One of the key initiatives is the establishment of the Kenya Industrial Transformation Program (KITP) aimed at boosting industrialization in the country.
The program focuses on promoting local value addition and enhancing the competitiveness of the manufacturing sector. Additionally, the government has been investing in infrastructure projects, such as roads and railways, which require significant amounts of long steel. This has helped to boost the demand for locally produced steel and create opportunities for the growth of the industry.
Horizon Databook provides a detailed overview of country-level data and insights on the Kenya long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Kenya long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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