Kuwait Long Steel Products Market Size & Outlook, 2025-2030
Global Market
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Kuwait long steel products market highlights
- The Kuwait long steel products market generated a revenue of USD 697.5 million in 2023 and is expected to reach USD 889.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, rebars was the largest revenue generating product in 2023.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
Long steel products market data book summary
| Market revenue in 2023 | USD 697.5 million |
| Market revenue in 2030 | USD 889.4 million |
| Growth rate | 3.5% (CAGR from 2024 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, Kuwait accounted for 0.1% of the global long steel products market in 2023.
- 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.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5,997.8 million by 2030.
Kuwait's steel industry is growing steadily due to the country's expanding infrastructure & construction sector. The demand for long steel products in Kuwait is mainly driven by the expanding construction and real estate industries.
The government of Kuwait has made substantial investments in infrastructure development including the construction of residential buildings, office complexes, hospitals, and transportation infrastructure. Construction sector is one of the main driving factors for steel demand in Kuwait.
The government of Kuwait has invested heavily in infrastructure projects such as new airports, highways, and housing projects, which has led to an increase in demand for long steel products in the country.
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Publish Date: May 06, 2026
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Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ArcelorMittal SA Depository Receipt | View profile | 126,756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | www.arcelormittal.com |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.jindalstainless.com/ |
| Emirates Steel | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.emiratessteel.com/ |
| Arabian Gulf Steel Industries | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.agsi.ae/ |
| Hamriyah Steel | View profile | 101-250 | Hamriyah, Sharjah, United Arab Emirates, Asia | www.hamriyahsteel.ae |
| Rajhi Steel | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | www.rajhisteel.com |
| Union Iron & Steel | View profile | 101-250 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.uis-uae.com |
| Watania Steel | View profile | - | Al Kharj, Ar Riyad, Saudi Arabia, Asia | www.wataniasteel.com/ |
Kuwait 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 Outlook will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 41.75% in 2023.
Horizon Databook has segmented the Kuwait long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Kuwait's steel industry is growing steadily due to the country's expanding infrastructure & construction sector. The demand for long steel products in Kuwait is mainly driven by the expanding construction and real estate industries.
The government of Kuwait has made substantial investments in infrastructure development including the construction of residential buildings, office complexes, hospitals, and transportation infrastructure. Construction sector is one of the main driving factors for steel demand in Kuwait.
The government of Kuwait has invested heavily in infrastructure projects such as new airports, highways, and housing projects, which has led to an increase in demand for long steel products in the country.
- Kuwait Long Steel Products Market Product Outlook (Revenue, USD Million , 2018-2030)
- Rebars
- Wire Rods
- Sections
- Tubes
- Kuwait Long Steel Products Market End-Use Outlook (Revenue, USD Million , 2018-2030)
- Building & Construction
- Automotive & Aerospace
- Railways & Highways
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait Long Steel Products Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Kuwait Long Steel Products Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Kuwait Long Steel Products Market, 2018-2030 (US$M)
Kuwait long steel products market statistics, by product, 2018-2030 (US$M)
