Qatar Long Steel Products Market Size & Outlook, 2022-2030
Qatar long steel products market, 2018-2030 (US$M)
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Qatar long steel products market highlights
- The Qatar long steel products market generated a revenue of USD 613.6 million in 2022 and is expected to reach USD 723.9 million by 2030.
- The Qatar market is expected to grow at a CAGR of 2.1% from 2023 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2022.
- Rebars 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 613.6 million |
| Market revenue in 2030 | USD 723.9 million |
| Growth rate | 2.1% (CAGR from 2022 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Rebars |
| 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, Qatar 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.
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Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Qatar 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 39.02% in 2022. Horizon Databook has segmented the Qatar long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Qatar is a rapidly developing country that has experienced significant growth in infrastructure & construction sector over the past few decades. As a result, the demand for steel in Qatar has been increasing, and the country has become an important market for steel producers.
According to a report by the Qatar Chamber of Commerce and Industry, the demand for steel in Qatar is expected to grow and this growth is driven by the ongoing infrastructure projects including the construction of stadiums, highways, and airports, as well as the development of oil & gas sector.
In terms of raw materials for steel production, Qatar relies mainly on imported iron ore and scrap metal. Qatar Steel, the country's leading steel producer, sources its raw materials from various countries including Brazil, Australia, and the U.S.
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Our clientele includes a mix of long steel products 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 country-level data and insights on the Qatar long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Qatar long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Qatar long steel products market outlook size, by product, 2018-2030 (US$M)
Qatar Long Steel Products Market Outlook Share, 2022 & 2030 (US$M)
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