Enjoy complimentary customisation on priority with our Enterprise License!
The Middle East and Africa steel building market size is forecast to increase by USD 268.87 million at a CAGR of 4.01% between 2023 and 2028. The steel building market in the Middle East and Africa is witnessing significant growth, driven by several key factors. One of the primary growth drivers is the advantages of Prefabricated Engineered Buildings (PEBs) over traditional construction methods. PEBs offer faster construction times, cost savings, and improved structural integrity, making them an attractive option for construction projects in the region. Additionally, the growing construction and infrastructure sectors in the Middle East and Africa present vast opportunities for the steel building market. However, there are challenges that need to be addressed, such as limited design flexibility in the residential sector due to cultural preferences, and low awareness among builders about the benefits of using steel for construction. Despite these challenges, the market is expected to grow steadily due to the increasing demand for efficient and cost-effective construction solutions.
The steel building market in the Middle East and Africa is rapidly expanding, driven by the demand for versatile construction across various sectors. Pre-engineered steel buildings offer strength and durability, making them ideal for industrial warehouses, agricultural buildings, and secure storage solutions. These customizable structures are designed to withstand high winds and heavy rainfall, ensuring protection from the elements. Commercial buildings, including retail spaces and office buildings, benefit from lightweight construction and low-maintenance features. The flexibility and sturdiness of metal building construction cater to diverse needs, from residential garages and carports to churches and sports facilities.
Further, with offsite fabrication and fast installation, steel buildings provide an affordable and expandable solution for logistics and production halls, enhancing the efficiency of industrial facilities and schools across the region. Metal buildings offer customizable designs that provide protection from the elements, making them ideal for a variety of applications, including commercial retail spaces, multi-story complexes, aircraft hangars, religious institutions, barns, and storage units, while ensuring a safe environment for indoor practice areas with the necessary flexibility and strength.
The market analysis and report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The PEBs segment is estimated to witness significant growth during the forecast period. In the Middle East and Africa (MEA) region, the steel building market is witnessing significant growth due to the customization and optimization benefits it offers for various construction solutions. Pre-engineered buildings (PEBs), a type of steel building, are gaining popularity for their scalability and customizability, making them ideal for non-residential construction projects such as healthcare, education, retail, and large open spaces. These structures provide design flexibility and address environmental concerns with their sustainable building solutions. PEBs are particularly attractive for Small and Medium Enterprises (SMEs) due to their rapid construction time, which is essential for meeting the urgent needs of governments for new facilities or expansion projects.
Structural integrity and energy efficiency are key considerations in the MEA region's hot climate, making green buildings an increasingly important focus. Lightweight building structures, including PEBs, contribute to energy savings and reduce the carbon footprint. The architectural flexibility of steel buildings allows for the creation of efficient buildings with easy maintenance, which is crucial for high-traffic facilities like production plants, airport hangers, terminal buildings, shipyards, highways, footbridges, and railway platform sheds. Infrastructural development in the MEA region is driving demand for low-cost green buildings, and foreign investors are taking notice. Building enclosure systems, including wall cladding and roofing, as well as structural systems like rigid frames and plate steel, are essential components of these sustainable structures.
Get a glance at the market share of various segments Request Free Sample
The PEBs segment was valued at USD 719.66 million in 2018 and showed a gradual increase during the forecast period.
Our market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The advantages of PEBs over traditional building is the key driver of the market. The Steel Building Market in the Middle East and Africa is witnessing significant growth due to the increasing demand for construction products that offer efficiency, durability, and affordability. Pre-engineered buildings (PEBs) are gaining popularity in the region as they cater to the needs of various sectors, including commercial complexes and industrial workshops. PEBs are constructed using prefabricated components, such as tensioned fabric structures, glass curtainwalls, precast concrete, and structural steel. These components are manufactured off-site and transported to the construction site for assembly, reducing the time and cost of construction. PEBs offer several advantages over traditional brick and mortar structures.
They are made of high-quality, recyclable steel, making them eco-friendly. The modular design of PEBs allows for easy dismantling and relocation, making them ideal for industries that require frequent relocation. Moreover, PEBs can be used to construct both single-story and multi-story structures, making them suitable for various applications. From conceptualization to design, construction, maintenance, and visualization, PEBs offer a comprehensive solution for the construction industry in the Middle East and Africa, driving the growth of the steel building market in the region. Industrialization and urbanization are key factors contributing to the increasing demand for PEBs, as they offer a cost-effective and efficient solution for constructing large-scale industrial and commercial structures.
The growing construction and infrastructure sectors is the upcoming trend in the market. The Middle East and African (MEA) construction market is witnessing significant growth due to rapid industrialization and urbanization in countries such as the UAE, Saudi Arabia, Egypt, Iran, and Morocco. The increasing demand for commercial complexes, workshops, and industrial structures has fueled the need for efficient and cost-effective construction products, leading to the widespread adoption of Pre-Engineered Buildings (PEBs). PEBs are gaining popularity due to their low-cost and quick construction capabilities. These structures are ideal for single-story and multi-story buildings, including industrial complexes, workshops, and commercial establishments. The construction materials used in PEBs, such as tensioned fabric, glass curtainwall, precast concrete, and structural steel, ensure durability and strength.
Further, the construction process of PEBs involves conceptualization, design, construction, and maintenance. The use of advanced visualization tools allows for precise planning and design, reducing the chances of errors during construction. The building lifecycle of PEBs is longer than traditional brick and mortar structures, making them a more sustainable and cost-effective option in the long run. The growth in the construction sector in MEA is driven by the increasing demand for public infrastructure, including hospitals, educational institutions, stadiums, indoor sports complexes, malls, and mega shopping centers. These structures cater to the growing population and increasing per capita income of people in the region. The construction materials used in these projects are expected to remain in high demand, driving the growth of the construction materials market in MEA.
Low awareness among builders and limited design flexibility in residential sector is a key challenge affecting the market growth. The Steel Building Market in the Middle East and Africa is witnessing significant growth due to the increasing construction of commercial complexes and industrials, including workshops. Steel buildings offer several advantages over traditional brick and mortar structures, such as faster construction times, efficiency, and high durability. These advantages are particularly appealing for low-cost, single-story and multi-story structures, making them an ideal choice for industrialization and urbanization. In the commercial sector, steel buildings are increasingly being adopted for their ability to support large open floor plans and the flexibility to accommodate various design concepts, from conceptualization to construction, maintenance, and visualization.
Tensioned fabric and glass curtainwall systems are popular choices for their modern aesthetics and energy efficiency. Precast concrete is also being used in combination with steel to create structures that offer the benefits of both materials. Despite these advantages, the adoption of steel buildings in the residential sector is still low due to the perception that they lack aesthetic appeal. However, advances in design and construction technologies are enabling the creation of visually appealing steel buildings that can meet the demands of discerning buyers. The building lifecycle cost savings and reduced construction materials requirements are also becoming increasingly important considerations for builders and buyers in the region.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market trends and analysis report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The steel building market in the Middle East and Africa is witnessing significant growth due to the increasing demand for strong and durable structures in various sectors such as industrial, commercial, residential, and utility. The market is segmented into physical based and material based, with the latter gaining popularity due to the use of advanced materials like metal hydrides and carbon absorption in power generation and stationary storage. Steel's strength, durability, and flexibility in design make it an ideal choice for construction projects in these regions, where extreme weather conditions are common. The prefabrication process using digital tools like building information modeling and computer-aided design, along with automation, robotics, and fabrication, reduces assembly times and material wastage, ensuring cost efficiency.
Further, the market also caters to the demand for portable power and transportation applications, with liquid, solid, and gas storage solutions for chemicals and industrial projects. The use of steel as a construction material in warehouses and as structural components in various industries ensures long-term durability and reliability. The market's growth is further driven by the increasing focus on renewable energy and sustainable power generation technologies like liquid hydrogen and metal workings.
Market Scope |
|
Report Coverage |
Details |
Page number |
146 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.01% |
Market Growth 2024-2028 |
USD 268.87 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.96 |
Key companies profiled |
Afrifab Steel Ltd., Al Shahin Metal Industries, Al Yarmouk Steel and Engg. Co. LLC, Astra Industrial Group, BSI International Building Systems W.L.L., DANA Group of Companies, Emirates Building System Co. LLC, Etihad Steel Factory, Mabani Steel LLC, Memaar Building Systems FZC, Modern Industrial Investment Holding Group, Nesma Group Co., SpanAfrica Steel Structures, Steel Building and Structure Co., Steel Structures Ltd., Tamimi Group, Tiger Steel Engineering LLC, Tugela Steel, Yusuf A. Alghanim and Sons WLL, and Zamil Industrial Investment Co. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this market research report to meet your requirements Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.