Qatar Long Steel Products Market Size & Outlook, 2023-2030
Related Markets
Qatar long steel products market highlights
- The Qatar long steel products market generated a revenue of USD 593.0 million in 2023 and is expected to reach USD 723.9 million by 2030.
- The Qatar market is expected to grow at a CAGR of 2.9% 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 593.0 million |
| Market revenue in 2030 | USD 723.9 million |
| Growth rate | 2.9% (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, Qatar 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Long Steel Products Market Scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Watania Steel | View profile | - | Al Kharj, Ar Riyad, Saudi Arabia, Asia | http://www.wataniasteel.com/ |
| Union Iron & Steel | View profile | 101-250 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | http://www.uis-uae.com |
| Rajhi Steel | View profile | 1001-5000 | Riyadh, Ar Riyad, Saudi Arabia, Asia | https://www.rajhisteel.com |
| Hamriyah Steel | View profile | 101-250 | Hamriyah, Sharjah, United Arab Emirates, Asia | https://www.hamriyahsteel.ae |
| Arabian Gulf Steel Industries | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | https://www.agsi.ae/ |
| Emirates Steel | View profile | 1001-5000 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | https://www.emiratessteel.com/ |
| Jindal Stainless | View profile | 10001+ | New Delhi, Delhi, India, Asia | https://www.jindalstainless.com/ |
| ArcelorMittal SA Depository Receipt | View profile | 126756 | 24-26, Boulevard d’Avranches, Luxembourg, Luxembourg, L-1160 | http://www.arcelormittal.com |
Qatar 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 will help companies and investors design strategic landscapes.
Rebars was the largest segment with a revenue share of 41.32% in 2023. Horizon Databook has segmented the Qatar long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Qatar is a rapidly developing country that has experienced significant growth in infrastructure & construction sector over the past few decades. As a result, the demand for steel in Qatar has been increasing, and the country has become an important market for steel producers.
According to a report by the Qatar Chamber of Commerce and Industry, the demand for steel in Qatar is expected to grow and this growth is driven by the ongoing infrastructure projects including the construction of stadiums, highways, and airports, as well as the development of oil & gas sector.
In terms of raw materials for steel production, Qatar relies mainly on imported iron ore and scrap metal. Qatar Steel, the country's leading steel producer, sources its raw materials from various countries including Brazil, Australia, and the U.S.
Reasons to subscribe to Qatar long steel products market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
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 Qatar long steel products market databook
-
Our clientele includes a mix of long steel products market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Qatar long steel products market , including forecasts for subscribers. This country databook contains high-level insights into Qatar long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Qatar long steel products market size, by product, 2018-2030 (US$M)
Qatar Long Steel Products Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
