Middle East & Africa Steel Sheet Market Size & Outlook
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MEA steel sheet market highlights
- The MEA steel sheet market generated a revenue of USD 7,811.5 million in 2022.
- The market is expected to grow at a CAGR of 1.1% from 2023 to 2030.
- In terms of segment, building & construction was the largest revenue generating end use in 2022.
- Energy is the most lucrative end use segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 7,811.5 million |
| Market revenue in 2030 | USD 8,516.2 million |
| Growth rate | 1.1% (CAGR from 2022 to 2030) |
| Largest segment | Building & construction |
| Fastest growing segment | Energy |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Building & Construction, Automotive & Transportation, Machinery & Equipment, Energy |
| Key market players worldwide | Tata Steel Ltd GDR - 144A, Nippon Steel Corp, POSCO Holdings Inc ADR, United States Steel Corp, JFE Holdings Inc, BAOSTEEL, Arconic, Alcoa Corp, Kaiser Aluminum Corp, Constellium SE Class A, JSW Steel |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.4% of the global steel sheet 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 153,694.7 million by 2030.
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Steel Sheet Market Scope
Steel Sheet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JSW Steel | View profile | 5001-10000 | Mumbai, Maharashtra, India, Asia | https://www.jswsteel.in |
| Kaiser Aluminum Corp | View profile | 4000 | 1550 West McEwen Drive, Suite 500, Franklin, TN, United States, 37067 | https://www.kaiseraluminum.com |
| Alcoa Corp | View profile | 13600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | https://www.alcoa.com |
| United States Steel Corp | View profile | 21803 | 600 Grant Street, Pittsburgh, PA, United States, 15219-2800 | https://www.ussteel.com |
| Constellium SE Class A | View profile | 12000 | 40-44 rue Washington, Washington Plaza, Paris, France, 75008 | https://www.constellium.com |
| BAOSTEEL | View profile | 10001+ | Shanghai, Shanghai, China, Asia | http://www.baosteel.com/group_en/ |
| Arconic | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | https://www.arconic.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 |
| 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 steel sheet 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 sheet market will help companies and investors design strategic landscapes.
Building & construction was the largest segment with a revenue share of 39.81% in 2022. Horizon Databook has segmented the Middle East & Africa steel sheet market based on building & construction, automotive & transportation, machinery & equipment, energy covering the revenue growth of each sub-segment from 2018 to 2030.
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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 Middle East & Africa steel sheet market databook
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Our clientele includes a mix of steel sheet market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Middle East & Africa steel sheet market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa steel sheet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Steel Sheet Market Outlook Share, 2022 & 2030 (US$M)
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