Middle East & Africa Steel Rebar Market Size & Outlook

The steel rebar market in Middle East & Africa is expected to reach a projected revenue of US$ 18,037.2 million by 2030. A compound annual growth rate of 2% is expected of Middle East & Africa steel rebar market from 2023 to 2030.
Revenue, 2022 (US$M)
$15,405.9
Forecast, 2030 (US$M)
$18,037.2
CAGR, 2023 - 2030
2%
Report Coverage
Middle East & Africa

MEA steel rebar market highlights

  • The MEA steel rebar market generated a revenue of USD 15,405.9 million in 2022.
  • The market is expected to grow at a CAGR of 2% from 2023 to 2030.
  • In terms of segment, infrastrcture was the largest revenue generating application in 2022.
  • Infrastrcture is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.

MEA data book summary

Market revenue in 2022USD 15,405.9 million
Market revenue in 2030USD 18,037.2 million
Growth rate2% (CAGR from 2022 to 2030)
Largest segmentInfrastrcture
Fastest growing segmentInfrastrcture
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConstruction, Infrastrcture, Industrial
Key market players worldwideArcelorMittal SA Depository Receipt, Nippon Steel Corp, Nucor Corp, Tata Steel Ltd GDR - 144A, POSCO Holdings Inc ADR, Sailfish Royalty Corp Ordinary Shares, Steel Dynamics Inc

Other key industry trends

  • In terms of revenue, MEA region accounted for 6.0% of the global steel rebar 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 219,360.7 million by 2030.

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Steel Rebar Market Scope

Steel rebar market segmentation & scope
Construction
Infrastrcture
Industrial
Automotive
Industrial Manufacturing
Power & Energy
Others
Residential
Non-residential
Oil & gas
Chemicals and petrochemicals
Automotive & transportion
Mechanical engineering
Power plant

Steel Rebar Market Companies

Name Profile # Employees HQ Website

Middle East & Africa steel rebar 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 steel rebar market will help companies and investors design strategic landscapes.


Infrastrcture was the largest segment with a revenue share of 51.23% in 2022. Horizon Databook has segmented the Middle East & Africa steel rebar market based on construction, infrastrcture, industrial covering the revenue growth of each sub-segment from 2018 to 2030.


  • Middle East & Africa Steel Rebar Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Infrastrcture
    • Industrial
    • Automotive
    • Industrial Manufacturing
    • Power & Energy
    • Others
    • Residential
    • Non-residential
    • Oil & gas
    • Chemicals and petrochemicals
    • Automotive & transportion
    • Mechanical engineering
    • Power plant

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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa steel rebar market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa steel rebar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA steel rebar market size, by country, 2018-2030 (US$M)

Middle East & Africa Steel Rebar Market Outlook Share, 2022 & 2030 (US$M)

MEA steel rebar market size, by country, 2018-2030 (US$M)

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