GCC Structural Steel Fabrication Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Top Structural Steel Fabrication Companies in GCC and the market is segmented by material, and application type.

GCC Structural Steel Fabrication Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

GCC Structural Steel Fabrication Market Size

GCC Structural Steel Fabrication Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 4.00 %
Market Concentration Low

Major Players

GCC Structural Steel Fabrication Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of GCC Structural Steel Fabrication Market with other markets in Manufacturing Products and Services Industry

Textiles

Metal Working and Fabrication

General Manufacturing

Manufacturing Services

GCC Structural Steel Fabrication Market Analysis

The GCC Structural Steel Fabrication Market is expected to register a CAGR of greater than 4% during the forecast period.

  • With Saudi Arabia leading the way, followed by the United Arab Emirates, the market for structural steel production in the Gulf Cooperation Council is expected to grow strongly. Significant investments in infrastructure development, construction projects, and the development of waterfront cities have contributed to this growth. Moreover, the growing population of the Gulf Cooperation Council region has led to an increased focus on green building practices.
  • Over the years, several factors have contributed to the growth of the Gulf Cooperation Council's iron and steel market, including increased infrastructure development, an increase in population, and urbanization.
  • Annual demand for flat and long steel in GCC countries is expected to reach 38 million tonnes by 2030. There has been a significant increase in population and urbanization in GCC countries. The demand for structural steel is driven by a growing population and urbanization, which has increased housing demand.
  • In the United Arab Emirates, the demand for structural steel has seen substantial growth, particularly in the realms of residential housing, commercial establishments, and infrastructure development projects. The use of structural steel enables rapid construction, a crucial factor in meeting the country’s accelerated urbanization and infrastructure needs.
  • Supported by the country’s strong development agenda, including the Projects of the 50 initiative and a subsequent focus on industrial, transportation, and energy infrastructure with the aim of attracting nearly USD 150 billion in foreign direct investment by 2030, the UAE construction sector is expected to thrive at an encouraging pace.

GCC Structural Steel Fabrication Industry Overview

The report covers the major players operating in the GCC structural steel fabrication market. The companies in the region compete heavily with no major share as the market is occupied by small and medium-sized players; hence, the market is highly competitive and fragmented.

GCC Structural Steel Fabrication Market Leaders

  1. Hidada Ltd Company

  2. Arabian International Company For Steel Structures

  3. Al Yamamah Steel Industries Co.

  4. Mabani Steel LLC

  5. Al Shahin Company For Metal Industries

  6. *Disclaimer: Major Players sorted in no particular order
GCC Structural Steel Fabrication Market Concentration
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GCC Structural Steel Fabrication Market News

  • February 2024: Saudi-based steelmaker Bena Steel Industries has extended its Memorandum of Understanding (MoU) with UK energy solutions provider Alderley to advance energy transition initiatives in the kingdom. The MoU focuses on enhancing in-country capabilities, supply chains, and energy solutions to support Saudi Arabia's efforts to ensure energy security globally. This includes the exploration of cleaner technologies such as hydrogen.
  • February 2024: Tenaris, a manufacturer of steel pipe products headquartered in Luxembourg, opened an industrial facility in Abu Dhabi Industrial City. The Etihad Tubulars industrial complex, valued at USD 60 million (AED 220 million), spans over 200,000 sq. m and is set to become a hub for enhancing the technical expertise of ADNOC engineers, local talents, and partners through a dedicated training center. The complex will feature a pipe service yard designed for storing, inspecting, and preparing pipe products.

GCC Structural Steel Fabrication Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Analysis Methodology
  • 2.2 Research Phases

3. MARKET INSIGHTS AND DYNAMICS

  • 3.1 Market Overview
  • 3.2 Market Drivers
    • 3.2.1 Increasing Construction Spending in Emerging Economies
  • 3.3 Market Challenges
    • 3.3.1 Demand of Skilled Professional in Steel Fabrication Process
  • 3.4 Market Opportunities
    • 3.4.1 Rising Demand for Prefabricated Buildings
  • 3.5 Value Chain / Supply Chain Analysis
  • 3.6 Industry Attractiveness - Porter's Five Force Analysis
    • 3.6.1 Threat of New Entrants
    • 3.6.2 Bargaining Power of Buyers/Consumers
    • 3.6.3 Bargaining Power of Suppliers
    • 3.6.4 Threat of Substitute Products
    • 3.6.5 Intensity of Competitive Rivalry
  • 3.7 Technological Snapshot
  • 3.8 Government Regulations and Key Initiatives
  • 3.9 Impact of COVID-19 on the Market

4. MARKET SEGMENTATION

  • 4.1 By End-user Industry
    • 4.1.1 Manufacturing
    • 4.1.2 Power and Energy
    • 4.1.3 Construction
    • 4.1.4 Oil and Gas
    • 4.1.5 Other End-user Industries
  • 4.2 By Product Type
    • 4.2.1 Heavy Sectional Steel
    • 4.2.2 Light Sectional Steel
    • 4.2.3 Other Product Types
  • 4.3 By Country
    • 4.3.1 Saudi Arabia
    • 4.3.2 United Arab Emirates
    • 4.3.3 Qatar
    • 4.3.4 Rest of GCC

5. COMPETITVE LANDSCAPE

  • 5.1 Market Competition Overview
  • 5.2 Key Company Profiles
    • 5.2.1 Hidada Ltd Company
    • 5.2.2 Arabian International Company For Steel Structures
    • 5.2.3 Al Yamamah Steel Industries Co.
    • 5.2.4 Mabani Steel LLC
    • 5.2.5 Al Shahin Company For Metal Industries
    • 5.2.6 IMCC
    • 5.2.7 Standard Steel Fabrication Co. LLC
    • 5.2.8 Techno Steel
    • 5.2.9 Aarya Engineering
    • 5.2.10 Vogue Steel LLC*
  • 5.3 Other Companies

6. FUTURE MARKET OUTLOOK

7. APPENDIX

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GCC Structural Steel Fabrication Industry Segmentation

Steel fabrication is a process in which stainless fabricators convert the raw material and steel into the desired shape. This process has two types: integrated route process or raw material approach and electric arc furnace.

A complete background analysis of the GCC structural steel fabrication market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report.

The GCC structural steel fabrication market is segmented by product type (heavy sectional steel, light sectional steel, and other product types), end-user industry (manufacturing, power and energy, construction, oil and gas, and other end-user industries), and country (Saudi Arabia, the United Arab Emirates, Qatar and the Rest of GCC). The report offers market size and forecasts for the GCC structural steel fabrication market in value (USD) for all the above segments.

By End-user Industry Manufacturing
Power and Energy
Construction
Oil and Gas
Other End-user Industries
By Product Type Heavy Sectional Steel
Light Sectional Steel
Other Product Types
By Country Saudi Arabia
United Arab Emirates
Qatar
Rest of GCC
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GCC Structural Steel Fabrication Market Research FAQs

What is the current GCC Structural Steel Fabrication Market size?

The GCC Structural Steel Fabrication Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in GCC Structural Steel Fabrication Market?

Hidada Ltd Company, Arabian International Company For Steel Structures, Al Yamamah Steel Industries Co., Mabani Steel LLC and Al Shahin Company For Metal Industries are the major companies operating in the GCC Structural Steel Fabrication Market.

What years does this GCC Structural Steel Fabrication Market cover?

The report covers the GCC Structural Steel Fabrication Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the GCC Structural Steel Fabrication Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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Statistics for the 2025 GCC Structural Steel Fabrication market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. GCC Structural Steel Fabrication analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.