Saudi Arabia Steel Wire Market (2025-2031) Outlook | Growth, Analysis, Value, Companies, Size, Industry, Trends, Forecast, Revenue & Share

Market Forecast By Form (Non-rope, Rope), By Type (Carbon Steel, Alloy Steel, Stainless Steel), By Thickness (0.01 mm to 0.8 mm, 0.8 mm to 1.6 mm, 1.6 mm to 4 mm, 4 mm & above), By End-use Industry (Construction, Automotive, Energy, Agriculture, Industrial, Others) And Competitive Landscape
Product Code: ETC347979 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Saudi Arabia Steel Wire Market Size Growth Rate


The Saudi Arabia Steel Wire Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 8.99% in 2027, following an initial rate of 7.17%, before easing to 7.64% at the end of the period.

Saudi Arabia Steel Wire Market Growth Rate

Saudi Arabia Steel Wire Market Synopsis

The steel wire market in Saudi Arabia is a vital component of the country`s industrial landscape. Steel wires find use in a wide range of applications, including construction, automotive, manufacturing, and fencing. They are valued for their strength, durability, and versatility. In Saudi Arabia, the market`s growth is closely tied to construction activities, infrastructure projects, and the expansion of the manufacturing sector. As these industries thrive, the demand for steel wires remains steady, driving the market`s development.

Drivers of the Market

In the Saudi Arabia steel wire market, the construction, automotive, and manufacturing industries are key drivers. Steel wires find applications in reinforcement, fencing, automotive components, and more. The growing industrialization, infrastructural development, and demand for durable materials are boosting the utilization of steel wires in various sectors.

Challenges of the Market

The Saudi Arabia steel wire market faces challenges related to quality control and addressing the diverse needs of end-users. Ensuring that steel wire products meet safety and performance standards while catering to various industries requires robust quality management. Adapting to changes in construction and manufacturing practices is also important.

COVID-19 Impact on the Market

The steel wire market in Saudi Arabia faced challenges during the COVID-19 pandemic due to disruptions in manufacturing activities and reduced demand from various sectors. Industries such as construction, automotive, and manufacturing, which utilize steel wire products, experienced a slowdown. Lockdowns and supply chain interruptions affected both production and distribution. However, as manufacturing activities resumed and industries adapted to new safety measures, the steel wire market started showing signs of recovery. Demand for construction-related products and industrial components contributed to this recovery.

Key Players in the Market

The steel wire market in Saudi Arabia serves various industries, including construction, automotive, and manufacturing. Companies such as Arabian Steel Pipes Manufacturing Company, Al-Ittefaq Steel Products Co., and Saudi Steel Profile Co. are notable players in this market.

Key Highlights of the Report:

  • Saudi Arabia Steel Wire Market Outlook
  • Market Size of Saudi Arabia Steel Wire Market, 2024
  • Forecast of Saudi Arabia Steel Wire Market, 2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Revenues & Volume for the Period 2021-2031
  • Saudi Arabia Steel Wire Market Trend Evolution
  • Saudi Arabia Steel Wire Market Drivers and Challenges
  • Saudi Arabia Steel Wire Price Trends
  • Saudi Arabia Steel Wire Porter's Five Forces
  • Saudi Arabia Steel Wire Industry Life Cycle
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Non-rope for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Rope for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Carbon Steel for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Alloy Steel for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Stainless Steel for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Thickness for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By 0.01 mm to 0.8 mm for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By 0.8 mm to 1.6 mm for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By 1.6 mm to 4 mm for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By 4 mm & above for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By End-use Industry for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Energy for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of Saudi Arabia Steel Wire Market Revenues & Volume By Others for the Period 2021-2031
  • Saudi Arabia Steel Wire Import Export Trade Statistics
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Thickness
  • Market Opportunity Assessment By End-use Industry
  • Saudi Arabia Steel Wire Top Companies Market Share
  • Saudi Arabia Steel Wire Competitive Benchmarking By Technical and Operational Parameters
  • Saudi Arabia Steel Wire Company Profiles
  • Saudi Arabia Steel Wire Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Saudi Arabia Steel Wire Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Saudi Arabia Steel Wire Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Saudi Arabia Steel Wire Market Overview

3.1 Saudi Arabia Country Macro Economic Indicators

3.2 Saudi Arabia Steel Wire Market Revenues & Volume, 2021 & 2031F

3.3 Saudi Arabia Steel Wire Market - Industry Life Cycle

3.4 Saudi Arabia Steel Wire Market - Porter's Five Forces

3.5 Saudi Arabia Steel Wire Market Revenues & Volume Share, By Form, 2021 & 2031F

3.6 Saudi Arabia Steel Wire Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Saudi Arabia Steel Wire Market Revenues & Volume Share, By Thickness, 2021 & 2031F

3.8 Saudi Arabia Steel Wire Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 Saudi Arabia Steel Wire Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing construction activities and infrastructure development projects in Saudi Arabia

4.2.2 Growth in the automotive industry leading to higher demand for steel wires

4.2.3 Rising investments in oil and gas projects driving the demand for steel wires

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting the cost of production

4.3.2 Competition from alternative materials like aluminum and composites

4.3.3 Economic uncertainties affecting the overall demand for steel wires

5 Saudi Arabia Steel Wire Market Trends

6 Saudi Arabia Steel Wire Market, By Types

6.1 Saudi Arabia Steel Wire Market, By Form

6.1.1 Overview and Analysis

6.1.2 Saudi Arabia Steel Wire Market Revenues & Volume, By Form, 2021-2031F

6.1.3 Saudi Arabia Steel Wire Market Revenues & Volume, By Non-rope, 2021-2031F

6.1.4 Saudi Arabia Steel Wire Market Revenues & Volume, By Rope, 2021-2031F

6.2 Saudi Arabia Steel Wire Market, By Type

6.2.1 Overview and Analysis

6.2.2 Saudi Arabia Steel Wire Market Revenues & Volume, By Carbon Steel, 2021-2031F

6.2.3 Saudi Arabia Steel Wire Market Revenues & Volume, By Alloy Steel, 2021-2031F

6.2.4 Saudi Arabia Steel Wire Market Revenues & Volume, By Stainless Steel, 2021-2031F

6.3 Saudi Arabia Steel Wire Market, By Thickness

6.3.1 Overview and Analysis

6.3.2 Saudi Arabia Steel Wire Market Revenues & Volume, By 0.01 mm to 0.8 mm, 2021-2031F

6.3.3 Saudi Arabia Steel Wire Market Revenues & Volume, By 0.8 mm to 1.6 mm, 2021-2031F

6.3.4 Saudi Arabia Steel Wire Market Revenues & Volume, By 1.6 mm to 4 mm, 2021-2031F

6.3.5 Saudi Arabia Steel Wire Market Revenues & Volume, By 4 mm & above, 2021-2031F

6.4 Saudi Arabia Steel Wire Market, By End-use Industry

6.4.1 Overview and Analysis

6.4.2 Saudi Arabia Steel Wire Market Revenues & Volume, By Construction, 2021-2031F

6.4.3 Saudi Arabia Steel Wire Market Revenues & Volume, By Automotive, 2021-2031F

6.4.4 Saudi Arabia Steel Wire Market Revenues & Volume, By Energy, 2021-2031F

6.4.5 Saudi Arabia Steel Wire Market Revenues & Volume, By Agriculture, 2021-2031F

6.4.6 Saudi Arabia Steel Wire Market Revenues & Volume, By Industrial, 2021-2031F

6.4.7 Saudi Arabia Steel Wire Market Revenues & Volume, By Others, 2021-2031F

7 Saudi Arabia Steel Wire Market Import-Export Trade Statistics

7.1 Saudi Arabia Steel Wire Market Export to Major Countries

7.2 Saudi Arabia Steel Wire Market Imports from Major Countries

8 Saudi Arabia Steel Wire Market Key Performance Indicators

8.1 Average selling price of steel wires in the Saudi Arabian market

8.2 Capacity utilization rate of steel wire manufacturing facilities

8.3 Number of new construction permits issued in Saudi Arabia

8.4 Demand for steel wires in the automotive sector

8.5 Percentage of total steel consumption represented by steel wires in Saudi Arabia

9 Saudi Arabia Steel Wire Market - Opportunity Assessment

9.1 Saudi Arabia Steel Wire Market Opportunity Assessment, By Form, 2021 & 2031F

9.2 Saudi Arabia Steel Wire Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Saudi Arabia Steel Wire Market Opportunity Assessment, By Thickness, 2021 & 2031F

9.4 Saudi Arabia Steel Wire Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 Saudi Arabia Steel Wire Market - Competitive Landscape

10.1 Saudi Arabia Steel Wire Market Revenue Share, By Companies, 2024

10.2 Saudi Arabia Steel Wire Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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