GCC Prefabricated Building and Structural Steel Market Analysis and Price Trend 2022-2027

According to the latest report by IMARC Group, titled "GCC Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the GCC prefabricated building and structural steel market size reached US$ 3.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2027, exhibiting a growth rate (CAGR) of 6.3% during 2022-2027.

Prefabricated buildings refer to the structures manufactured in a factory and transported to the construction site, which are then assembled in proper buildings. On the other hand, structural steel frames, are the skeletal framework of the building, wherein the prefabricated parts are installed. Various types of materials, including metal panels, wooden panels, glass, plastics, composites and other reinforced plastics are used in the process to build these structures.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

GCC Prefabricated Building and Structural Steel Market Trends:

Prefabricated buildings and structural steel significantly aids in waste management and is energy-efficient. This, along with the rapidly expanding construction sector across the region represents one of the key factors driving the market growth. Additionally, the increasing focus on sustainable products has significantly boosted the demand for prefabricated building and structural steel, which is further providing an impetus to the market growth. Apart from this, the expanding tourism sector and rising investments in infrastructural projects by private and public stakeholders are creating a positive outlook for the market in the GCC region.

GCC Prefabricated Building and Structural Steel Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the GCC prefabricated building and structural steel market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the GCC prefabricated building and structural steel market on the basis of product type, component and end-use sector.

Breakup by Product Type:

Prefabricated Building
Structural Steel

GCC Prefabricated Building Market:

Breakup by Component:

Floors and Roofs
Walls
Staircase
Panels and Lintels
Others

GCC Structural Steel Market:

Breakup by Component:

H-Type Beam
I-Type Beam
Columns
Angles
Others

Breakup by End-Use Sector:

Residential
Institutional
Commercial
Industrial

Regional Insights:

Saudi Arabia
UAE
Others

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We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the Report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:

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Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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City: Sheridan
State: WY
Country: United States

About Us:                                                                

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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