Market Research Reports - Ken Research Saudi Arabia Seamless Steel Pipe Industry | Page 3

Riyadh region dominated the Saudi Arabia steel rebars market with revenue share of ~% in
2016. Rising construction projects such as King Abdullah City of Atomic and Renewable energy,
Sudair Industrial City and Riyadh Light Rail Network are responsible for such high share.
Dammam followed with revenue share of ~% of the total sales volume whereas, Jeddah and
other regions such as Hadeed and Al-Jubail captured the remaining ~% revenue share in 2016.
By Finishing Type
Fabricated rebars dominated the revenues generated through sales of steel rebars with a share
of ~% in 2016. These type of rebars are generally used in the construction sector owning to
slab-on-ground slabs, where the ground has been well compacted. The epoxy coated segment
followed with ~% revenue share. On the other hand, black rebars captured minimal share
worth ~% of total revenues generated from sales of steel rebars in Saudi Arabia in 2016.
Competition Scenario
Saudi Arabia steel pipes market is highly concentrated with the presence of major players such
as Arabian Pipes, National Pipes, Global Pipes and others. Arabian Pipes Co. is leading Saudi
Arabia steel pipes market with ~% volume share, followed by National Pipes with volume share
of ~% in 2016. These companies are facing immense unfair competition from Chinese suppliers.
On the other hand, Saudi Arabia steel rebars market is highly concentrated with the presence of
major players such as Arcelor Mittal, Atteih Steel, Rajhi Steel, Saudi Iron and Steel Company,
Ittefaq Steel, Zamil Steel, Riyadh Steel and others.
Future Outlook
Over the forecast period, Saudi Arabia steel pipes market will prepare itself to meet the future
demand expected from the substantial investment proposed in key areas such as oil and gas
segment, construction sector, manufacturing sector, infrastructural development and
agriculture. Increasing usage of polished steel pipes is another major factor which is expected
to generate sales worth ~ million tonnes by 2021, thus growing at a CAGR of ~% over the
forecast period of five years from 2016 to 2021 in Saudi Arabia. On the other side, demand for
steel rebars is expected to increase in near future owning to high rate of infrastructural
development and construction rate in Saudi Arabia. Steel manufacturing has been vital to the
growth of non-oil-dependent gross domestic product, further serving the economic diversity.
Mining projects and basic developmental infrastructure worth USD ~ billion (SAR ~ billion) were
launched in 2016 in the eastern region Ras Al-Khair by Saudi Arabia's King Salman Bin Abdulaziz
Al Saud which is further going to boost the demand for steel rebars in near future. The sales of
steel rebars in Saudi Arabia is expected to generate revenue worth USD ~ million by 2021, thus
growing at a CAGR of ~% from 2016 to 2021.