Product Code: ETC005279 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Pig Iron market currently, in 2023, has witnessed an HHI of 5066, Which has increased substantially as compared to the HHI of 4977 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabian pig iron market is anticipated to grow at a CAGR of around 4% during 2020-2026. The growing steel industry in the country coupled with increasing investment and construction activities are some of the major factors driving the growth of the market. Moreover, rising demand from industries such as automotive, shipbuilding, and others are further propelling its surge.
Furthermore, government initiatives for industrial development by providing tax incentives and allowing foreign investments also propel the market growth. For instance, Vision 2030 provides an opportunity for investors to invest in various sectors including manufacturing sector which is expected to fuel demand for steel products like pig iron over the forecast period. Additionally, rapid urbanization and infrastructure development across major cities such as Riyadh will augment its scope in near future.
However, environmental concerns due to air pollution caused by production process may restrain its growth over upcoming years. Additionally, high electricity cost associated with manufacturing processes might impede overall industry expansion in coming years.
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 Pig Iron Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Pig Iron Market Revenues & Volume, 2019 & 2026F |
3.3 Saudi Arabia Pig Iron Market - Industry Life Cycle |
3.4 Saudi Arabia Pig Iron Market - Porter's Five Forces |
3.5 Saudi Arabia Pig Iron Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Saudi Arabia Pig Iron Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Saudi Arabia Pig Iron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Pig Iron Market Trends |
6 Saudi Arabia Pig Iron Market, By Types |
6.1 Saudi Arabia Pig Iron Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Pig Iron Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Saudi Arabia Pig Iron Market Revenues & Volume, By Basic Pig Iron, 2016 - 2026F |
6.1.4 Saudi Arabia Pig Iron Market Revenues & Volume, By Foundry Pig Iron, 2016 - 2026F |
6.1.5 Saudi Arabia Pig Iron Market Revenues & Volume, By High Purity Pig Iron, 2016 - 2026F |
6.2 Saudi Arabia Pig Iron Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Pig Iron Market Revenues & Volume, By Foundry, 2016 - 2026F |
6.2.3 Saudi Arabia Pig Iron Market Revenues & Volume, By Construction, 2016 - 2026F |
6.2.4 Saudi Arabia Pig Iron Market Revenues & Volume, By Stainless Steel, 2016 - 2026F |
6.2.5 Saudi Arabia Pig Iron Market Revenues & Volume, By Others, 2016 - 2026F |
7 Saudi Arabia Pig Iron Market Import-Export Trade Statistics |
7.1 Saudi Arabia Pig Iron Market Export to Major Countries |
7.2 Saudi Arabia Pig Iron Market Imports from Major Countries |
8 Saudi Arabia Pig Iron Market Key Performance Indicators |
9 Saudi Arabia Pig Iron Market - Opportunity Assessment |
9.1 Saudi Arabia Pig Iron Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Saudi Arabia Pig Iron Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Saudi Arabia Pig Iron Market - Competitive Landscape |
10.1 Saudi Arabia Pig Iron Market Revenue Share, By Companies, 2019 |
10.2 Saudi Arabia Pig Iron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |