Qatar Cold Formed Steel Market (2024-2030) | Outlook, Growth, Share, Companies, Size, Forecast, Industry, Revenue, Value, Analysis & Trends

Market Forecast By Types (Steel Sheet, Strip, Plate, Flat Bar), By Application (Construction, Automotive, Appliances, Machinery Parts, Industrial, Others) And Competitive Landscape
Product Code: ETC033421 Publication Date: Jul 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Qatar Cold Formed Steel Market Synopsis

The Qatar Cold Formed Steel market is estimated to reach US$ 9.5 Bn in 2026, registering a moderate CAGR of 6.3% over the forecast period from 2020-2026. The country has seen an increase in demand for steel due to its rapid urbanization and industrial growth over the past few years, with increasing investments from regional and international players in infrastructure development projects across Qatar. This increased demand has resulted in construction companies increasingly using cold formed steel (CFS) as a cost-effective structural material choice for their building projects due to its greater strength-to-weight ratio than that of hot rolled steel sections or beams, among other features such as excellent corrosion resistance & thermal insulation properties, light weight nature, ease of fabrication and accurate size control during manufacture. These factors are expected to drive the market throughout the forecast period.

Drivers of The Market

With increasing investments from regional and international sources towards infrastructure development projects across Qatar led by government initiatives have been driving up demand for cold formed steel products within the country over recent years which is expected to continue throughout the forecast period with various developments under way including roads & highways renovation/widening work; new hotel facilities; residential complexes & industrial buildings etc., all contributing significantly towards anticipated growth of this particular segment within Qatar construction sector through 2026 and beyond.

Challenges of The Market

The major challenge faced by Qatar cold formed steel market is limited availability of raw materials. Despite the government making efforts to promote the use of local materials, the lack of infrastructure for production and storage has hindered growth in this sector. Furthermore, high import costs due to taxes and other charges have made it difficult for companies operating in this space to remain competitive.

Covid-19 Impact of the Market

The outbreak of Covid-19 pandemic has had a severe impact on Qatar economy with a significant decline in oil prices leading to cutbacks in infrastructure projects. This has affected the growth of various industries, including that of Cold Formed Steel (CFS). The need for social distancing measures and reduced manpower have resulted into operational delays as well as labour shortages causing cost overruns and affecting progress of ongoing projects which otherwise would be key drivers for CFS industry.

Key Highlights of the Report:

  • Qatar Cold Formed Steel Market Outlook
  • Market Size of Qatar Cold Formed Steel Market, 2023
  • Forecast of Qatar Cold Formed Steel Market, 2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Revenues & Volume for the Period 2020-2030
  • Qatar Cold Formed Steel Market Trend Evolution
  • Qatar Cold Formed Steel Market Drivers and Challenges
  • Qatar Cold Formed Steel Price Trends
  • Qatar Cold Formed Steel Porter's Five Forces
  • Qatar Cold Formed Steel Industry Life Cycle
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Types for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Steel Sheet for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Strip for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Plate for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Flat Bar for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Construction for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Automotive for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Appliances for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Machinery Parts for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Industrial for the Period 2020-2030
  • Historical Data and Forecast of Qatar Cold Formed Steel Market Revenues & Volume By Others for the Period 2020-2030
  • Qatar Cold Formed Steel Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Application
  • Qatar Cold Formed Steel Top Companies Market Share
  • Qatar Cold Formed Steel Competitive Benchmarking By Technical and Operational Parameters
  • Qatar Cold Formed Steel Company Profiles
  • Qatar Cold Formed Steel Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Qatar Cold Formed Steel Market Overview

3.1 Qatar Country Macro Economic Indicators

3.2 Qatar Cold Formed Steel Market Revenues & Volume, 2020 & 2030F

3.3 Qatar Cold Formed Steel Market - Industry Life Cycle

3.4 Qatar Cold Formed Steel Market - Porter's Five Forces

3.5 Qatar Cold Formed Steel Market Revenues & Volume Share, By Types, 2020 & 2030F

3.6 Qatar Cold Formed Steel Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Qatar Cold Formed Steel Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Qatar Cold Formed Steel Market Trends

6 Qatar Cold Formed Steel Market, By Types

6.1 Qatar Cold Formed Steel Market, By Types

6.1.1 Overview and Analysis

6.1.2 Qatar Cold Formed Steel Market Revenues & Volume, By Types, 2020-2030F

6.1.3 Qatar Cold Formed Steel Market Revenues & Volume, By Steel Sheet, 2020-2030F

6.1.4 Qatar Cold Formed Steel Market Revenues & Volume, By Strip, 2020-2030F

6.1.5 Qatar Cold Formed Steel Market Revenues & Volume, By Plate, 2020-2030F

6.1.6 Qatar Cold Formed Steel Market Revenues & Volume, By Flat Bar, 2020-2030F

6.2 Qatar Cold Formed Steel Market, By Application

6.2.1 Overview and Analysis

6.2.2 Qatar Cold Formed Steel Market Revenues & Volume, By Construction, 2020-2030F

6.2.3 Qatar Cold Formed Steel Market Revenues & Volume, By Automotive, 2020-2030F

6.2.4 Qatar Cold Formed Steel Market Revenues & Volume, By Appliances, 2020-2030F

6.2.5 Qatar Cold Formed Steel Market Revenues & Volume, By Machinery Parts, 2020-2030F

6.2.6 Qatar Cold Formed Steel Market Revenues & Volume, By Industrial, 2020-2030F

6.2.7 Qatar Cold Formed Steel Market Revenues & Volume, By Others, 2020-2030F

7 Qatar Cold Formed Steel Market Import-Export Trade Statistics

7.1 Qatar Cold Formed Steel Market Export to Major Countries

7.2 Qatar Cold Formed Steel Market Imports from Major Countries

8 Qatar Cold Formed Steel Market Key Performance Indicators

9 Qatar Cold Formed Steel Market - Opportunity Assessment

9.1 Qatar Cold Formed Steel Market Opportunity Assessment, By Types, 2020 & 2030F

9.2 Qatar Cold Formed Steel Market Opportunity Assessment, By Application, 2020 & 2030F

10 Qatar Cold Formed Steel Market - Competitive Landscape

10.1 Qatar Cold Formed Steel Market Revenue Share, By Companies, 2023

10.2 Qatar Cold Formed Steel Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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