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PUBLISHER: Grand View Research | PRODUCT CODE: 1842310
PUBLISHER: Grand View Research | PRODUCT CODE: 1842310
Middle East Steel Wire Market Size, Share & Trends Analysis Report By Material (Carbon Steel, Stainless Steel, Alloy Steel), By Application (Construction, Automotive Agriculture), By Country, And Segment Forecasts, 2025 - 2033
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PAGES: 100 Pages
DELIVERY TIME: 2-10 business days
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Middle East Steel Wire Market Summary
The Middle East steel wire market size was estimated at USD 1,760.6 million in 2024 and is projected to reach USD 3,112.8 million by 2033, at a CAGR of 6.7% from 2025 to 2033. The market is driven by robust growth in the construction sector, supported by ongoing infrastructure development and urban expansion across the region.
Major initiatives such as Saudi Arabia's Vision 2030 and the UAE's continued investment in smart cities, housing, and transport networks are creating sustained demand for steel wires in applications including reinforcement, structural support, and binding. The need for durable, cost-efficient, and high-tensile materials in large-scale projects ensures that steel wire remains an essential product in the construction industry.
With investments in oil and gas infrastructure, renewable energy projects, and power grid modernization, steel wire consumption is increasing in applications such as cabling, fencing, and drilling support. The Middle East is investing heavily in diversifying its energy portfolio, which requires advanced transmission lines, pipelines, and associated infrastructure, all of which utilize steel wires. This trend is expected to continue as governments push for energy security and sustainable power generation.
The automotive and transportation industries are further contributing to the expansion of the Middle East steel wire industry. Growth in domestic automobile production, coupled with rising vehicle imports, supports the use of steel wires in tire reinforcement, automotive springs, and safety components. In addition, the Middle East's investment in railways, metro systems, and ports requires steel wires for signalling, fencing, and structural elements. These developments are expanding the market's application base beyond construction.
Middle East Steel Wire Market Report Segmentation
This report forecasts revenue and volume growth at regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East steel wire market report based on the material, application, and country:
- Material Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Carbon Steel
- Stainless Steel
- Alloy Steel
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Construction
- Automotive
- Energy
- Industrial
- Agriculture
- Others
- Country Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Middle East
- Saudi Arabia
- UAE
- Qatar
- Oman
Product Code: GVR-4-68040-745-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Outlook
- 3.1.1. Global Steel Wire Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.6. Industry Trends
- 3.6.1. ESG Analysis
- 3.6.2. Economic Trends
- 3.7. Porter's Five Forces Analysis
- 3.7.1. Bargaining Power of Suppliers
- 3.7.2. Bargaining Power of Buyers
- 3.7.3. Threat of Substitution
- 3.7.4. Threat of New Entrants
- 3.7.5. Competitive Rivalry
- 3.8. PESTLE Analysis
- 3.8.1. Political
- 3.8.2. Economic
- 3.8.3. Social Landscape
- 3.8.4. Technology
- 3.8.5. Environmental
- 3.8.6. Legal
Chapter 4. Middle East Steel Wire Market: Material Estimates & Trend Analysis
- 4.1. Middle East Steel Wire Market: Material Movement Analysis, 2024 & 2033
- 4.2. Carbon Steel
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 4.3. Stainless Steel
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 4.4. Alloy Steel
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
Chapter 5. Middle East Steel Wire Market: Application Estimates & Trend Analysis
- 5.1. Middle East Steel Wire Market: Application Movement Analysis, 2024 & 2033
- 5.2. Construction
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.3. Automotive
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.4. Energy
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.5. Industrial
- 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.6. Agriculture
- 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
Chapter 6. Middle East Steel Wire Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2024 & 2033
- 6.2. Middle East
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4. Saudi Arabia
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5. UAE
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6. Qatar
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.7. Oman
- 6.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.7.2. Market estimates and forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Heat Map Analysis
- 7.4. Vendor Landscape
- 7.4.1. List of distributors
- 7.5. List of Prospective End-Users
- 7.6. Strategy Initiatives
- 7.7. Company Profiles/Listing
- 7.7.1. Alwstah Wire & Galvanizing Factory
- 7.7.1.1. Company Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.2. Najd Wire Industries Company
- 7.7.2.1. Company Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.3. YKM Middle East LLC
- 7.7.3.1. Company Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.4. Gulf Metal Wires Industry LLC
- 7.7.4.1. Company Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.5. Madhu Multi Wires Products FZC
- 7.7.5.1. Company Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.6. Bait Al-Tatawor
- 7.7.6.1. Company Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.7. Prestige Metalloys LLC
- 7.7.7.1. Company Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.8. United Steel Industries LLC
- 7.7.8.1. Company Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.9. Emirates Steel
- 7.7.9.1. Company Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.10. Conares Metal Supply Limited
- 7.7.10.1. Company Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.1. Alwstah Wire & Galvanizing Factory
Product Code: GVR-4-68040-745-1
List of Tables
- Table 1 Middle East steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 2 Middle East steel wire market estimates and forecasts, by carbon steel, 2021 - 2033 (USD Million) (Kilotons)
- Table 3 Middle East steel wire market estimates and forecasts, by stainless steel, 2021 - 2033 (USD Million) (Kilotons)
- Table 4 Middle East steel wire market estimates and forecasts, by alloy steel, 2021 - 2033 (USD Million) (Kilotons)
- Table 5 Middle East steel wire market estimates and forecasts, in construction, 2021 - 2033 (USD Million) (Kilotons)
- Table 6 Middle East steel wire market estimates and forecasts, in automotive, 2021 - 2033 (USD Million) (Kilotons)
- Table 7 Middle East steel wire market estimates and forecasts, in energy, 2021 - 2033 (USD Million) (Kilotons)
- Table 8 Middle East steel wire market estimates and forecasts, in industrial, 2021 - 2033 (USD Million) (Kilotons)
- Table 9 Middle East steel wire market estimates and forecasts, in agriculture, 2021 - 2033 (USD Million) (Kilotons)
- Table 10 Middle East steel wire market estimates and forecasts, in others, 2021 - 2033 (USD Million) (Kilotons)
- Table 11 Middle East steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 12 Saudi Arabia steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 13 Saudi Arabia steel wire market estimates & forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- Table 14 Saudi Arabia steel wire market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 15 Oman steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 16 Oman steel wire market estimates & forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- Table 17 Oman steel wire market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 18 Qatar steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 19 Qatar steel wire market estimates & forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- Table 20 UAE steel wire market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 21 UAE steel wire market estimates & forecasts, by material, 2021 - 2033 (USD Million) (Kilotons)
- Table 22 UAE steel wire market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Market snapshot
- Fig. 6 Segmental outlook
- Fig. 7 Competitive outlook
- Fig. 8 Middle East steel wire market outlook, 2021 - 2033 (USD Million) (Kilotons)
- Fig. 9 Value chain analysis
- Fig. 10 Market dynamics
- Fig. 11 Porter's analysis
- Fig. 12 PESTEL analysis
- Fig. 13 Middle East steel wire market, by material: Key takeaways
- Fig. 14 Middle East steel wire market, by material: Market share, 2024 & 2033
- Fig. 15 Middle East steel wire market, by application: Key takeaways
- Fig. 16 Middle East steel wire market, by application: Market share, 2024 & 2033
- Fig. 17 Middle East steel wire market: Regional analysis, 2024
- Fig. 18 Middle East steel wire market, by region: Key takeaways
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