Product Code: ETC031140 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Ferro-Alloys market currently, in 2023, has witnessed an HHI of 2513, Which has increased slightly as compared to the HHI of 1385 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) ferro-alloys market has been experiencing significant growth during the period from 2025 to 2031. Ferro-alloys are essential elements used in the production of various steel and iron products, and their demand has been steadily rising in line with the country`s expanding industrial and construction sectors.
Several factors have been driving the growth of the ferro-alloys market in the UAE. Firstly, the nation`s robust economic development and increasing infrastructure projects have created a substantial demand for steel and iron products, leading to a rise in the consumption of ferro-alloys. Additionally, the UAE strategic geographical location has attracted substantial foreign investments, boosting industrial activities and further augmenting the demand for ferro-alloys. Furthermore, the government`s initiatives to diversify the economy and reduce reliance on oil revenue have led to a focus on developing the manufacturing sector, positively impacting the ferro-alloys market.
Despite the promising growth, the UAE ferro-alloys market faces certain challenges. One of the primary concerns is the fluctuating prices of raw materials, which can impact the production costs and, in turn, the prices of ferro-alloys. Additionally, the market may encounter constraints due to global economic uncertainties and geopolitical tensions, affecting international trade and demand for ferro-alloys in the region. Moreover, the market`s heavy reliance on steel and iron industries exposes it to cyclical fluctuations in these sectors.
The Covid-19 pandemic had a significant impact on various industries worldwide, and the UAE ferro-alloys market was no exception. During the pandemic, the construction and manufacturing activities witnessed disruptions due to lockdowns and restrictions, leading to a temporary decline in the demand for ferro-alloys. However, as the UAE successfully managed the pandemic and implemented effective recovery measures, the market rebounded with a resurgence in construction projects and industrial activities, driving the demand for ferro-alloys again.
Gulf Ferro Alloys Company (SABAYEK), Ghantoot Gulf Crusher (GGC), Metalex General Trading LLC, Al Nujoom Alloys and Intermetal Trading Corporation.
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 United Arab Emirates (UAE) Ferro-alloys Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Ferro-alloys Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Ferro-alloys Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Ferro-alloys Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Ferro-alloys Market Trends |
6 United Arab Emirates (UAE) Ferro-alloys Market, By Types |
6.1 United Arab Emirates (UAE) Ferro-alloys Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Ferrochrome, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Ferromanganese, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Ferro Silicomanganese, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Ferrosilicon, 2021-2031F |
6.2 United Arab Emirates (UAE) Ferro-alloys Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Carbon & Low Alloy Steel, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Ferro-alloys Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Ferro-alloys Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Ferro-alloys Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Ferro-alloys Market Imports from Major Countries |
8 United Arab Emirates (UAE) Ferro-alloys Market Key Performance Indicators |
9 United Arab Emirates (UAE) Ferro-alloys Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Ferro-alloys Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Ferro-alloys Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Ferro-alloys Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Ferro-alloys Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Ferro-alloys Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |