Oman Long Steel Products Market Size & Outlook, 2022-2030
Oman long steel products market, 2018-2030 (US$M)
Related Markets
Oman long steel products market highlights
- The Oman long steel products market generated a revenue of USD 586.3 million in 2022 and is expected to reach USD 695.8 million by 2030.
- The Oman market is expected to grow at a CAGR of 2.2% from 2023 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2022.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
Long steel products market data book summary
| Market revenue in 2022 | USD 586.3 million |
| Market revenue in 2030 | USD 695.8 million |
| Growth rate | 2.2% (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 |
Other key industry trends
- In terms of revenue, Oman accounted for 0.1% of the global long steel products market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia long steel products market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3,351.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Oman long steel products 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 long steel products market will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 45.74% in 2022. Horizon Databook has segmented the Oman long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Oman is a significant producer of steel in the Middle East with several companies involved in the production of steel products. The demand for long steel in Oman has been increasing due to the growth of infrastructure & construction sector. One of the major steel producers in Oman is Jindal Shadeed Iron and Steel, a subsidiary of the Indian company Jindal Steel and Power.
Jindal Shadeed operates a state-of-the-art integrated steel plant in Sohar, Oman, with a production capacity of 2 million tons per annum (MTPA). The company produces a wide range of steel products including rebars, wire rods, and billets.
Another major steel producer is Oman Steel Factory (OSF), which produces high-quality steel rebars and wire rods. OSF's plant is in Sohar and has a production capacity of 240,000 tons per annum.
Reasons to subscribe to Oman long steel products market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Oman long steel products market databook
-
Our clientele includes a mix of long steel products market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Oman long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Oman long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Oman long steel products market outlook size, by product, 2018-2030 (US$M)
Oman Long Steel Products Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
