Middle East & Africa Composite Concrete Deck Market Size & Outlook
The composite concrete deck market in Middle East & Africa is expected to reach a projected revenue of US$ 55.4 million by 2030. A compound annual growth rate of 8.9% is expected of Middle East & Africa composite concrete deck market from 2023 to 2030.
The MEA composite concrete deck market generated a revenue of USD 28.1 million in 2022.
The market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
In terms of segment, 3 thickness was the largest revenue generating type in 2022.
1.5 Thickness is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
Market revenue in 2022
USD 28.1 million
Market revenue in 2030
USD 55.4 million
Growth rate
8.9% (CAGR from 2022 to 2030)
Largest segment
3 thickness
Fastest growing segment
1.5 Thickness
Historical data covered
2018 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
1.5 Thickness, 2 Thickness, 3 Thickness
Key market players worldwide
Tata Steel Ltd GDR - 144A, ASC Profiles, Raised Floor Solutions, Structural Metal Decks, O’Donnell Metal Deck & Bar Joist, Construction Metal Forming, Cordeck, A.C.T. Metal Deck Supply
Other key industry trends
In terms of revenue, MEA region accounted for 6.2% of the global composite concrete deck market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 55.4 million by 2030.
Many Middle East countries generate a significant amount of waste due to population growth and economic development. Improper waste management can lead to environmental degradation and pose health risks to the population.
To address this issue, Middle East countries have introduced various policies, such as promoting recycling and composting, investing in waste-to-energy facilities, and implementing waste reduction strategies. Thus, promoting sustainable products which will in augment the market demand for composite concrete deck during the forecast period in Middle Eastern countries.
Middle East & Africa Composite Concrete Deck 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 Composite Concrete Deck Market Outlook will help companies and investors design strategic landscapes.
3 Thickness was the largest segment with a revenue share of 43.06% in 2022.
Horizon Databook has segmented the Middle East & Africa composite concrete deck market based on 1.5 thickness, 2 thickness, 3 thickness covering the revenue growth of each sub-segment from 2018 to 2030.
Many Middle East countries generate a significant amount of waste due to population growth and economic development. Improper waste management can lead to environmental degradation and pose health risks to the population.
To address this issue, Middle East countries have introduced various policies, such as promoting recycling and composting, investing in waste-to-energy facilities, and implementing waste reduction strategies. Thus, promoting sustainable products which will in augment the market demand for composite concrete deck during the forecast period in Middle Eastern countries.
Middle East & Africa Composite Concrete Deck Market Type Outlook (Revenue, USD Million , 2018-2030)
1.5 Thickness
2 Thickness
3 Thickness
Middle East & Africa Composite Concrete Deck Market Deck Type Outlook (Revenue, USD Million , 2018-2030)
Proprietary System
Pre-Cast
Site-Built
Middle East & Africa Composite Concrete Deck Market Application Outlook (Revenue, USD Million , 2018-2030)
Residential
Commercial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Composite Concrete Deck Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Composite Concrete Deck Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
MEA composite concrete deck market statistics, by type, 2018-2030 (US$M)