Product Code: ETC033419 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Cold formed steel is a type of high strength steel that has been shaped and formed at room temperature. It is widely used in the production of various components such as structural components, roofing materials, insulation panels, and partition systems. Saudi Arabia construction sector has witnessed steady growth over the past few years owing to increased investments from both public and private sectors. This has resulted in an increase in demand for cold-formed steel products across commercial, industrial, residential, and infrastructure projects. The increasing awareness about the benefits offered by this material is expected to drive market growth during forecast period 2025-2031.
The booming construction industry in Saudi Arabia offers lucrative opportunities for cold formed steel manufacturers due to its superior properties such as light weight yet high strength capability which make them suitable choice for building applications including wall framing systems and roof trusses among others. In addition rising population coupled with government initiatives towards developing housing facilities are likely to propel market growth during forecast period 2025-2031. Rising technological advancements coupled with availability of innovative products have encouraged customers to opt for cost effective solutions based on CFS technology which makes it ideal choice for a variety of applications ranging from automotive manufacturing units to heavy machinery frames among others thereby driving overall market growth during forecast period 2025??2031.
Despite offering superior performance characteristics compared with traditional materials such as concrete or bricks installation cost associated with cold formed steels are comparatively higher than other conventional ones due mainly because it requires skilled labor force along with sophisticated manufacturing techniques thus restraining overall market growth during forecast period 2025??2031.
The spread of coronavirus pandemic has significantly disrupted supply chain networks worldwide resulting into decreased availability of raw materials required for production along with reduced demand from consumers arising out financial distress caused by lockdown measures imposed globally. Saudi Arabia economy witnessed a shallow recession during 2025 owing to the disruption caused in oil prices coupled with nationwide lockdowns implemented as precautionary measures against Covid-19 outbreak leading to decline in global investments causing severe contraction in manufacturing activities affecting overall industry growth adversely. Furthermore government initiatives towards promoting development projects such as Riyadh Metro Project which shall expand through 2025 have been impacted significantly due slowing down economic activities hampering review period outlook on the market studied further.
ArcelorMittal SA (Luxembourg), ThyssenKrupp AG (Germany), Tata Steel Limited (India) , and Nucor Corporation(U are some players operating in the market.
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 Saudi Arabia Cold Formed Steel Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Cold Formed Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Cold Formed Steel Market - Industry Life Cycle |
3.4 Saudi Arabia Cold Formed Steel Market - Porter's Five Forces |
3.5 Saudi Arabia Cold Formed Steel Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Cold Formed Steel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Cold Formed Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Saudi Arabia |
4.2.2 Growing demand for lightweight and sustainable building materials |
4.2.3 Government initiatives promoting the use of steel in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative building materials |
4.3.3 Regulatory challenges in the construction industry |
5 Saudi Arabia Cold Formed Steel Market Trends |
6 Saudi Arabia Cold Formed Steel Market, By Types |
6.1 Saudi Arabia Cold Formed Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Steel Sheet, 2021-2031F |
6.1.4 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Plate, 2021-2031F |
6.1.6 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Flat Bar, 2021-2031F |
6.2 Saudi Arabia Cold Formed Steel Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Appliances, 2021-2031F |
6.2.5 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Machinery Parts, 2021-2031F |
6.2.6 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.7 Saudi Arabia Cold Formed Steel Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Cold Formed Steel Market Import-Export Trade Statistics |
7.1 Saudi Arabia Cold Formed Steel Market Export to Major Countries |
7.2 Saudi Arabia Cold Formed Steel Market Imports from Major Countries |
8 Saudi Arabia Cold Formed Steel Market Key Performance Indicators |
8.1 Average project timeline for construction projects utilizing cold formed steel |
8.2 Percentage of construction projects opting for cold formed steel over traditional materials |
8.3 Adoption rate of new technologies and processes in cold formed steel manufacturing |
9 Saudi Arabia Cold Formed Steel Market - Opportunity Assessment |
9.1 Saudi Arabia Cold Formed Steel Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Cold Formed Steel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Cold Formed Steel Market - Competitive Landscape |
10.1 Saudi Arabia Cold Formed Steel Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Cold Formed Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |