Middle East Steel Wires Market (2020-2026)

Market Forecast by End Use Industry (automotive, construction, energy, agriculture and others), by Grade (alloy steel, carbon steel and stainless steel), By Countries (UAE, Saudi Arabia, Qatar, Bahrain, Rest of Middle East) and Competitive Landscape

Product Code: ETC055002 Publication Date: May 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Middle East Steel wires market is driven by expanding construction market, rising government infrastructure on the building of roads, bridges, for railway networks. Moreover, based on application, the market is further segmented into oil & gas, mining, structures, industrial & crane, fishing & marine, elevator, and traction mast. Based on material type, the market is segmented into galvanized wire rope, stainless steel wire rope, and others in the Middle-East region. However, due to the covid pandemic, the steel wires market has taken a huge hit in the Middle East due to restrictions in transport facilities and a ban on travel as well as quarantine measures taken by the government. Though, it has been recovering quite quickly as of present.

According to 6Wresearch, The Middle East Steel Wires Market size has substantial growth prospects during 2020-26. The Middle East is fast becoming a key global consumer of steel wire products thereby bringing key business opportunities. Growth in construction projects in the hospitality, residential, and commercial verticals across some of the major countries such as Saudi Arabia, UAE, Israel and Iran would further increase the revenue of the steel wires market in the region. Further, strong oil revenues, a growing manufacturing, and consumer base, as well as strong economic performance indicators, are combining to push steel wire consumption sharply higher to spur more demand for the market in the region over the coming years.

Some of the major key players in the steel wires market in the Middle East are Emirates steel, Akzo Nobel, BASF SE, Clariant, etc.

In terms of grade, Carbon Steel, Stainless Steel and Alloy Steel are dominating the overall Middle East Steel wires market primarily due to increasing demand across the commercial market, to pave roads and highways with steel wire mesh. Additionally, demand growth for steel within the region over the past years has been unprecedented. An important proportion of this growth has been delivered by steel mills outside of the region and continues to be so, but there are also a large number of companies that are either looking to invest or have invested in new steel production or finishing capacity in the region. All these factors will drive major growth for the steel wires market in the coming years.

The Middle East Steel wires market report thoroughly covers the market by grade, End-use industry, and countries including Kuwait, UAE, Saudi Arabia, Qatar, Bahrain, Oman, Turkey, and rest of the Middle East. The Middle East Steel wires market outlook report provides an unbiased and detailed analysis of the on-going Middle East Steel wires 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.

Key Highlights

  • Middle East Steel Wires Market Outlook
  • Middle East Steel Wires Market Overview
  • Middle East Steel Wires Market Forecast
  • Historical Data for the period 2016-2019 and Market Forecast of Middle East Steel Wires Market Revenues until 2026
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Grade
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By End Use Industry
  • Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for UAE Steel Wires Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Steel Wires Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar Steel Wires Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Steel Wires Market
  • Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Middle East Steel Wires Market
  • Market Drivers and Restraints
  • Middle East Steel Wires Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Middle East Steel Wires Market Share, By Players
  • Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

  • By End Use Industry:
    • Automotive
    • Construction
    • Energy
    • Agriculture
    • Others
  • By Grade:
    • Carbon Steel
    • Stainless Steel
    • Alloy Steel
  • By Countries:
    • UAE
    • Saudi Arabia
    • Qatar
    • Bahrain
    • Rest of Middle East

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. Middle East Steel Wires Market Overview

3.1. Middle East Country Macro Economic Indicators

3.2. Middle East Steel Wires Market Revenues, 2019 & 2026F

3.3. Middle East Steel Wires Market - Industry Life Cycle

3.4. Middle East Steel Wires Market - Porter's Five Forces

3.5. Middle East Steel Wires Market Revenue Share, By Grade, 2019 & 2026F

3.6. Middle East Steel Wires Market Revenue Share, By End Use Industry, 2019 & 2026F

4. Middle East Steel Wires Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Middle East Steel Wires Market Trends

6. Middle East Steel Wires Market, By Grade

6.1. Middle East Steel Wires Market, By Grade

6.1.1. Overview and Analysis

6.1.2. Middle East Steel Wires Market Revenues, By Carbon Steel, 2016 - 2026F

6.1.3. Middle East Steel Wires Market Revenues, By Stainless Steel, 2016 - 2026F

6.1.4. Middle East Steel Wires Market Revenues, By Alloy Steel, 2016 - 2026F

6.2. Middle East Steel Wires Market, By End Use Industry

6.2.1. Overview and Analysis

6.2.2. Middle East Steel Wires Market Revenues, By Automotive, 2016 - 2026F

6.2.3. Middle East Steel Wires Market Revenues, By Construction, 2016 - 2026F

6.2.4. Middle East Steel Wires Market Revenues, By Energy, 2016 - 2026F

6.2.5. Middle East Steel Wires Market Revenues, By Automotive, 2016 - 2026F

6.2.6. Middle East Steel Wires Market Revenues, By Others, 2016 - 2026F

7. UAE Steel Wires Market

7.1. UAE Steel Wires Market, By Grade

7.1. UAE Steel Wires Market, By End Use Industry

7.1. UAE Steel Wires Market, By Regions

8. Saudi Arabia Steel Wires Market

8.1. Saudi Arabia Steel Wires Market, By Grade

8.1. Saudi Arabia Steel Wires Market, By End Use Industry

8.1. Saudi Arabia Steel Wires Market, By Regions

9. Qatar Steel Wires Market

9.1. Qatar Steel Wires Market, By Grade

9.1. Qatar Steel Wires Market, By End Use Industry

9.1. Qatar Steel Wires Market, By Regions

10. Bahrain Steel Wires Market

10.1. Bahrain Steel Wires Market, By Grade

10.1. Bahrain Steel Wires Market, By End Use Industry

10.1. Bahrain Steel Wires Market, By Regions

11. Rest of Middle East Steel Wires Market

11.1. Rest of Middle East Steel Wires Market, By Grade

12. Middle East Steel Wires Market Key Performance Indicators

13. Middle East Steel Wires Market - Opportunity Assessment

13.1. Middle East Steel Wires Market Opportunity Assessment, By Grade, 2019 & 2026F

13.2. Middle East Steel Wires Market Opportunity Assessment, By End Use Industry, 2019 & 2026F

14. Middle East Steel Wires Market - Competitive Landscape

14.1. Middle East Steel Wires Market Revenue Share, By Companies, 2019

14.2. Middle East Steel Wires Market Competitive Benchmarking, By Operating and Technical Parameters

15. Company Profiles

16. Recommendations

17. Disclaimer

North America Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Countries (United States, Canada) And Competitive Landscape

Latin America Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Countries (Mexico, Brazil, Argentina, Chile, Rest Of Latin America) And Competitive Landscape

Europe Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Countries (United Kingdom, Italy, France, Germany, Rest Of Europe) And Competitive Landscape

Asia Pacific (APAC) Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Countries (India, China, Japan, South Korea, Rest Of Asia Pacific) And Competitive Landscape

Africa Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Countries (South Africa, Kenya, Nigeria, Ghana, Rest Of Africa) And Competitive Landscape

Global Steel Wires Market (2020-2026): Market Forecast By End Use Industry (Automotive, Construction, Energy, Agriculture And Others), By Grade (Alloy Steel, Carbon Steel And Stainless Steel), By Regions (Latin America, North America, Europe, Asia Pacific, Middle East And Africa) And Competitive Landscape

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