| Product Code: ETC357159 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia corrugated galvanised steel market, the import trend experienced significant growth from 2023 to 2024, with a remarkable increase of 656.48%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 47.43%. This surge in imports can be attributed to a notable shift in demand dynamics within the market, driving increased import momentum and indicating a potential strengthening of market stability during this period.
The Saudi Arabia corrugated galvanized steel market reflects a steady demand for durable and cost-effective construction materials. Corrugated galvanized steel sheets find widespread use in roofing and siding applications due to their corrosion resistance and structural strength. The construction and infrastructure sectors are the primary drivers of demand for these materials, as they cater to the expanding urbanization and development projects in the country. The market is characterized by the presence of both local and international manufacturers, ensuring a competitive landscape that promotes innovation and quality.
The Saudi Arabia corrugated galvanized steel market has been driven by the construction and roofing industries. Corrugated galvanized steel is widely used for roofing and cladding in residential, commercial, and industrial structures. The need for durable and cost-effective roofing solutions, especially in the face of extreme weather conditions, has contributed to the market`s growth.
The Saudi Arabia corrugated galvanized steel market encounters challenges associated with ensuring the durability of coatings in corrosive environments. Developing galvanized coatings that withstand harsh weather conditions while adhering to sustainability standards poses a significant challenge.
The corrugated galvanized steel market faced challenges during the COVID-19 pandemic as construction and infrastructure projects were postponed or scaled down. The disruptions in construction activities impacted the demand for corrugated galvanized steel used in roofing, siding, and construction applications. The market also faced supply chain disruptions and logistical challenges. As construction activities resumed and economic recovery efforts gained traction, the market for corrugated galvanized steel showed signs of improvement.
The Saudi Arabia corrugated galvanised steel market is highly competitive and fragmented. Major players in the region include Al-Khorayef Group, Durrah Advanced Development Company, Eastern Steel Industries (ESI), Qatar Steel Co., United Gulf Steel Industries Corporation, Saudi Iron & Steel (Hadeed) Ltd., Al-Ittefaq Steel Products Co., Zamil Industrial Investment Co., Inc., Garmco Bahrain S.P.C., Oman Fertilizer Company and others. These companies have significant presence in the regional market due to their robust production capacities coupled with strong distribution networks across the region.