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Published Mon, Mar 2nd 2020

Middle East Steel Rebar Market worth $ 11.6 Billion by 2024 - Special Report by Goldstein Research

According to the new market research report "Middle East Rebar Market Outlook 2024”, published by Goldstein Research, the Middle East Steel Rebar Market is estimated to reach USD 11.6 billion by 2024, growing at a CAGR of 6.5% through 2024.

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According to the new market research report "Middle East Rebar Market Outlook 2024”,  published by Goldstein Research, the Middle East Steel Rebar Market is estimated to reach USD 11.6 billion by 2024, growing at a CAGR of 6.5% through 2024. Dubai has been seemingly continued robust construction growth. Moreover, all GCC countries except the UAE have seen their steel markets turn from net importers into net exporters.
They have become a vested part of construction and building owing to hike aliment & stress Conveyance capacity it offers to concrete matrix in the entire structure. In addition, steel’s anti-corroding properties provide longer shelf life to structure, thus resulting in greater stability. Middle East Steel Rebar Market is dominated by the Kingdom of Saudi Arabia due to the aggressive investment in infrastructure projects in the country.
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Driver and challenges of Middle East Steel rebar Market Growth:

Rate of urbanization in Middle East countries is quite high as compared to other parts of the world. A number of multibillion dollar schemes, including various metro systems, have contributed to the increase of total contract awards in the region over the past years, and these will likely stabilize to lower levels in the foreseeable future as various social infrastructure projects conclude over the next few years.
GCC based producer is facing new challenges such as lack of demand and oversupply in domestic markets as well as the removal of subsidies. The decrease in global crude oil prices caused by the emergence of shale oil in the USA has caused a major decrease in the available budgets of most governments. This has lead to both austerity programs and cutting of spending budgets and removal of energy subsidies and increase of taxation and other costs incurred by Steel Producers.

The Report is available at:
“Middle East Steel Rebar Market Outlook 2024” by Goldstein Research contains a detailed overview of the newborn screening software market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by type, application, industry verticals, material, product type or geography.
The Steel Rebar Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of facility management market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major Key player of the Steel Rebar Market discussed in the report are:

  • Star Steel International LLC.
  • Emirates Rebar Limited.
  • Union Iron and Steel.
  • Hamriyah Steel.
  • Emirates Steel.
  • Rajhi Steel Industries Co. Ltd..
  • Watania Steel Factory Corp..
  • Al-Rashed Steel
  • United Steel Industrial Co.etc.


Further, for the in-depth analysis, the report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base point Scale ) analysis, Porter’s five forces model and SWOT analysis.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts are working on healthcare market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627

Contact information

Steve Blade
Goldstein Research
99 Wall Street, Suite No 527

New York
USA: + 1-646-568-7747


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