Market Forecast By Types (Black Steel Bars, Black Steel Plates), By Applications (Home, Health club/Gym, Office, Hotels), By Distribution Channel (Online, Offline) And Competitive Landscape
Product Code: ETC028212 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Egypt Black Steel Bars and Plates market |
Forecast period | 2025-2031 |
Market Size | USD 300 Million โย ย USD 430 Million |
CAGR | 7.4% |
Growing Sector | Construction |
The Egypt Black Steel Bars and Plates market report thoroughly covers the market by type, by application and by distribution channel. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In 2025, the Egypt Black Steel Bars and Plates market is valued at approximately $ 300 million, with a projected compound annual growth rate (CAGR) of 7.4% over the next five years. Additionally, by 2031, the market is expected to reach around $ 430 million. The construction sector holds significant position in the overall market.
The Egypt black steel bars and plates market is witnessing steady growth, driven by the country's expanding construction, manufacturing, and infrastructure sectors. Black steel bars and plates are widely used in structural applications, such as in building reinforcements, frameworks, and heavy machinery. Demand is further bolstered by Egypt's ongoing urban development projects, government investments in infrastructure, and increasing industrialization. While local production supports the market, imports also play a significant role in meeting rising demand. The market is expected to continue growing, fueled by the country's economic development and strategic initiatives to modernize infrastructure.
According to 6Wresearch, Egypt Black Steel Bars and Plates market size is projected to grow at a CAGR of 7.4% during 2025-2031. The growth of the Egypt black steel bars and plates market is driven by several key factors, including the country's growing demand for infrastructure development, particularly in construction, transportation, and industrial sectors. Government-led initiatives like the New Administrative Capital project and other large-scale urbanization efforts are boosting the demand for steel products. Additionally, the expansion of the manufacturing sector and rising investments in industrial machinery contribute to the market's growth.
as However, the Egypt Black Steel Bars and Plates industry faces challenges such as raw material prices, particularly iron ore, and dependency on imports due to limited local production capacity can hinder market stability. Moreover, global supply chain disruptions, regulatory changes, and environmental concerns regarding carbon emissions from steel production present additional obstacles that could impact the marketโs growth trajectory.
Increasing Demand for Infrastructure Projects - Continued urban development, including the New Administrative Capital and other government-driven initiatives, is spurring demand for black steel bars and plates.
Rising Industrialization - Growth in sectors like manufacturing, automotive, and heavy machinery is boosting consumption of black steel products.
Technological Advancements in Steel Production - Adoption of more efficient and environmentally friendly production processes is becoming a trend in steel manufacturing.
Shift Towards Local Production - Efforts to reduce dependency on imports and enhance local steel production capabilities are becoming more prominent.
Green Building Practices - Growing emphasis on sustainable construction methods is encouraging the use of high-quality, recyclable steel products.
Steel Manufacturing Plants - Investment in local steel production facilities to reduce import dependency and cater to the growing demand in construction and industrial sectors.
Infrastructure Development Projects - Partnering with government projects, such as urbanization and transportation infrastructure, which require large volumes of steel bars and plates.
Recycling and Sustainability Initiatives - Investment in green steel production technologies, focusing on recycling scrap steel and reducing carbon emissions in steel manufacturing.
Technological Upgrades - Investment in advanced production technologies to improve efficiency, reduce production costs, and enhance product quality.
Construction and Real Estate - Investing in construction companies or real estate ventures, which are major consumers of black steel bars and plates for building frameworks.
Key companies in the Egypt black steel bars and plates market include Ezz Steel, one of the largest steel producers in the region, known for its extensive range of steel products, including black steel bars and plates. Al Ezz Rolling Mills is another significant player, offering a wide array of long steel products for construction and industrial applications. Steel & Iron Factory and El Marakby Steel are notable local manufacturers that contribute to the growing demand in Egypt's construction and infrastructure sectors.
Additionally, some of these players hold majority of the Egypt Black Steel Bars and Plates market share. Moreover, global players like ArcelorMittal and Tata Steel have a presence in Egypt, supplying high-quality steel products through imports and local partnerships, catering to the industrial and construction markets. These companies are key to meeting the increasing demand for steel in Egypt's rapidly growing economy.
The Egypt government has implemented several regulations to support the growth and sustainability of the steel industry, including black steel bars and plates. The government has introduced tariffs on imported steel products to protect local manufacturers and encourage domestic production. In addition, the government enforces stringent quality standards for construction materials, ensuring that steel products meet safety and durability requirements.
There are also environmental regulations that require steel manufacturers to reduce carbon emissions and adopt cleaner production technologies. Furthermore, the governmentโs ongoing infrastructure and urban development initiatives, such as the New Administrative Capital, are supported by policies that prioritize the use of locally produced materials, providing a favorable regulatory environment for domestic steel producers. These regulations help balance growth, sustainability, and market protection, driving the long-term development of the steel sector.
The future of the Egypt black steel bars and plates market looks promising, with continued growth expected due to rising investments in infrastructure and urban development projects. As the demand for high-quality steel products increases, local production capabilities are likely to expand, reducing Egypt's reliance on imports. The government's focus on sustainable and green construction practices will drive innovation in steel production, with a growing emphasis on recycling and eco-friendly technologies.
Additionally, as industrial sectors like automotive, manufacturing, and machinery continue to expand, the demand for steel bars and plates will remain robust. Overall, the market is poised for steady growth, supported by both domestic manufacturing advancements and government-driven projects, positioning Egypt as a key player in the regional steel industry in the coming years.
According to Ravi Bhandari, Research Head, 6Wresearch, the black steel bars category in Egypt is experiencing strong growth, primarily driven by the increasing demand from the construction and infrastructure sectors. Black steel bars are essential in reinforcing concrete structures, which are in high demand due to Egypt's ongoing urbanization, government infrastructure projects, and real estate development.
The rise in industrialization, particularly in manufacturing and automotive sectors, is further fueling this growth. As construction projects, including residential, commercial, and transportation infrastructure, continue to expand, the demand for black steel bars is expected to remain robust. Additionally, investments in modernizing steel production technologies to improve quality and cost-efficiency are further supporting the growth of this category in the market.
The health club and gym application market is experiencing significant growth, driven by the increasing consumer focus on health, fitness, and overall well-being. As people become more health-conscious, there is a rising demand for convenient and personalized fitness solutions, with many opting for mobile apps that offer virtual classes, workout tracking, and diet planning. The popularity of home workouts and the integration of fitness apps with wearables and smart devices are key factors driving the market's expansion.
Additionally, gyms and fitness centers are leveraging apps to enhance customer engagement, manage memberships, and offer virtual training, further fueling the market's growth. With the growing trend of digital health, the health club and gym app market is expected to continue its upward trajectory, catering to a broader, tech-savvy audience.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Black Steel Bars and plates Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Black Steel Bars and plates Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Black Steel Bars and plates Market - Industry Life Cycle |
3.4 Egypt Black Steel Bars and plates Market - Porter's Five Forces |
3.5 Egypt Black Steel Bars and plates Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Egypt Black Steel Bars and plates Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Egypt Black Steel Bars and plates Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Egypt Black Steel Bars and plates Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Black Steel Bars and plates Market Trends |
6 Egypt Black Steel Bars and plates Market, By Types |
6.1 Egypt Black Steel Bars and plates Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Egypt Black Steel Bars and plates Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 Egypt Black Steel Bars and plates Market Revenues & Volume, By Black Steel Bars, 2021 - 2031F |
6.1.4 Egypt Black Steel Bars and plates Market Revenues & Volume, By Black Steel Plates, 2021 - 2031F |
6.2 Egypt Black Steel Bars and plates Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Egypt Black Steel Bars and plates Market Revenues & Volume, By Home, 2021 - 2031F |
6.2.3 Egypt Black Steel Bars and plates Market Revenues & Volume, By Health club/Gym, 2021 - 2031F |
6.2.4 Egypt Black Steel Bars and plates Market Revenues & Volume, By Office, 2021 - 2031F |
6.2.5 Egypt Black Steel Bars and plates Market Revenues & Volume, By Hotels, 2021 - 2031F |
6.3 Egypt Black Steel Bars and plates Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Egypt Black Steel Bars and plates Market Revenues & Volume, By Online, 2021 - 2031F |
6.3.3 Egypt Black Steel Bars and plates Market Revenues & Volume, By Offline, 2021 - 2031F |
7 Egypt Black Steel Bars and plates Market Import-Export Trade Statistics |
7.1 Egypt Black Steel Bars and plates Market Export to Major Countries |
7.2 Egypt Black Steel Bars and plates Market Imports from Major Countries |
8 Egypt Black Steel Bars and plates Market Key Performance Indicators |
9 Egypt Black Steel Bars and plates Market - Opportunity Assessment |
9.1 Egypt Black Steel Bars and plates Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Egypt Black Steel Bars and plates Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Egypt Black Steel Bars and plates Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Egypt Black Steel Bars and plates Market - Competitive Landscape |
10.1 Egypt Black Steel Bars and plates Market Revenue Share, By Companies, 2024 |
10.2 Egypt Black Steel Bars and plates Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |