MEA Buildings & Construction Sheets Market Size
|Study Period||2019 - 2028|
|Base Year For Estimation||2022|
|Forecast Data Period||2023 - 2028|
|Historical Data Period||2018 - 2021|
|CAGR||> 3.00 %|
*Disclaimer: Major Players sorted in no particular order
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MEA Buildings & Construction Sheets Market Analysis
The Middle-East and African buildings and construction sheets market is anticipated to record a CAGR of approximately 3% during the forecast period 2022-2027.
The COVID-19 pandemic has had a significant impact on the construction sector. However, on the upside, construction holds much potential to stimulate recovery, and in turn, recovery measures can support the sector’s transformation toward sustainability and digitalization. Tripartite cooperation and social dialogue, together with international labor standards, are key to promoting a human-centered recovery of the construction sector from the crisis.
Building and construction sheets are used for the designing of buildings that fulfill spatial, environmental, and visual requirements. The choice of materials and how they are put together to form building elements such as walls, roofs, and floors, matter significantly. Increasing polymer and metal sheet use in building applications is enhancing demand expansion. The use of sheets of metal and polymer in roofing, sound and waterproofing, and HVAC applications is expected to fuel sheet demand in Middle-East.
MEA Buildings & Construction Sheets Industry Segmentation
Building and construction sheets are used for the designing of buildings that fulfill spatial, environmental, and visual requirements. This report provides an analysis of market insights, dynamics, technological innovations, new trends, initiatives taken by the governments in this region, and the impact of the COVID-19 pandemic on the market.
The Middle-East and African buildings and construction sheets market is segmented by material (bitumen, rubber, metal, and polymer), end user (residential, commercial, and industrial), and country (Saudi Arabia, United Arab Emirates, Iran, South Africa, and Rest of Middle-East and Africa). The report offers market size and forecasts for the Middle-East and African building and construction sheets market in value (USD billion) for all the above segments.
|By End User|
|United Arab Emirates|
|Rest of Middle-East and Africa|
MEA Buildings & Construction Sheets Market Trends
This section covers the major market trends shaping the MEA Buildings & Construction Sheets Market according to our research experts:
Construction Activities Playing a Significant Role in the Construction Sheets Market
Following volatile global markets throughout 2020, 2021 was expected to be a year of economic recovery. Construction activity is a key market indicator for economic revival, and MEED Projects recorded a rebound to the overall MENA project awards’ value in 2021 of USD 156 billion. KSA represented the highest value of awarded projects for 2021 with a recorded USD 41.3 billion, considering a remarkable result considering ongoing challenges driven by the COVID-19 pandemic.
Infrastructure recorded a strong performance of project awards across MENA in 2021, with Egypt awarding USD 6.9 billion, USD 3 billion in Saudi Arabia, and USD 973 million in the United Arab Emirates. Within the construction project awards, the residential sector was consistently the busiest market across Egypt, Saudi Arabia, and the United Arab Emirates. The highest performing construction sectors in terms of total value awarded are identified in the graphs below.
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Saudi Arabia Dominating the Construction Market in MENA Countries
Saudi Arabia is working toward its established Vision 2030 program, supported by the continuation of the country’s associated Giga projects. Projects like NEOM, The Red Sea Project, and AMAALA are expected to provide new opportunities to own property on the West Coast. In parallel, these developments are creating jobs in construction and development, employment opportunities within the hospitality sector, and resulting in investment in infrastructure and renewable energy. Vision 2030 aims to create a better quality of life alongside a diversified economy that emphasizes sustainability, education, and hydrocarbon facilities.
The planned projects across the country highlight the effort toward economic, social, and cultural diversification, aligned with the 2022 budget announcement with an investment focus on the education, healthcare, and social development sectors. In Q4 2021, Saudi Arabia was one of five countries to submit its bid to host EXPO 2030 in its capital city, Riyadh.
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MEA Buildings & Construction Sheets Industry Overview
The Middle-East and African buildings and construction sheets market is highly fragmented, with no players holding a significant share to influence the market. Some of the key players in the Middle-East and African market include Al Shafar Steel Engineering, Corrugated Sheet Ltd, Palram Industries Ltd, Safintra Rwanda Ltd, and Ampa Plastics Group Pvt. Ltd.
MEA Buildings & Construction Sheets Market Leaders
Al Shafar Steel Engineering
Corrugated Sheet Ltd
Palram Industries Ltd
Safintra Rwanda Ltd
Ampa Plastics Group Pvt Ltd
*Disclaimer: Major Players sorted in no particular order
MEA Buildings & Construction Sheets Market News
In November 2021, ASSENT, a fully-equipped and highly advanced steel manufacturing company in Dubai and the GCC Region, announced a new contract award from JGC Corporation, a global engineering company. ASSENT will supply 3,500 ton of fabricated steel to Basrah Refinery Upgrading Project in Iraq.
In June 2021, Red Sea International Co., a Saudi Arabian public joint-stock company providing specialized prefabricated modular buildings for various real estate and industrial sectors, signed a SAR 52.93 million (USD 14.09 million) contract with Royal Commission for AlUla (RCU) to construct a turnkey housing complex in AlUla. The contract includes the design, construction, supply, and installation of 150 modular, high-quality, and fully-furnished accommodation units on a turnkey basis, which will serve as the housing complex for one of RCU’s strategic projects in AlUla.
MEA Buildings & Construction Sheets Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Technological Innovations in Building and Construction Sheets
4.3 Industry Value Chain/Supply Chain Analysis
4.4 Impact of Government Regulations and Initiatives in Building and Construction Sheets Industry
4.5 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Industry Attractiveness - Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitutes
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Material
6.2 By End User
6.3 By Country
6.3.1 Saudi Arabia
6.3.2 United Arab Emirates
6.3.4 South Africa
6.3.5 Rest of Middle-East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Al Shafar Steel Engineering
7.1.2 Corrugated Shhet Ltd
7.1.3 Palram Industries Ltd
7.1.4 Safintra Rwanda Ltd
7.1.5 Ampa Plastics Group Pvt. Ltd
7.1.7 Gautruss Pty Ltd
7.1.8 Clotan Steel
7.1.9 Algoa Steel & Roofing
7.1.10 Kirby International*
- *List Not Exhaustive
8. RECENT DEVELOPMENTS
MEA Buildings & Construction Sheets Market Research FAQs
What is the current Middle-East and Africa Buildings and Construction Sheets Market size?
The Middle-East and Africa Buildings and Construction Sheets Market is projected to register a CAGR of greater than 3% during the forecast period (2023-2028).
Who are the key players in Middle-East and Africa Buildings and Construction Sheets Market?
Al Shafar Steel Engineering, Corrugated Sheet Ltd, Palram Industries Ltd, Safintra Rwanda Ltd and Ampa Plastics Group Pvt Ltd are the major companies operating in the Middle-East and Africa Buildings and Construction Sheets Market.
Middle-East and Africa Buildings and Construction Sheets Industry Report
Statistics for the 2023 Middle-East and Africa Buildings and Construction Sheets market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Buildings and Construction Sheets analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.