Product Code: ETC347980 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The United Arab Emirates Steel Wire Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 7.31% in 2026, following an initial rate of 6.50%, before easing to 4.98% at the end of the period.
The UAE Steel Wire Market is a vital sector within the broader steel industry of the country. Steel wire finds extensive applications in construction, automotive, and manufacturing industries. The market`s growth is propelled by the increasing demand for steel-intensive products and infrastructure development projects in the UAE. Additionally, the market benefits from the presence of established steel manufacturers and a well-developed logistics infrastructure. The market is competitive, with players emphasizing product quality, customization, and adherence to industry standards.
The UAE steel wire market is witnessing robust growth, largely propelled by the construction industry. The ever-expanding construction and infrastructure development projects in the country require a substantial amount of steel wire for reinforcement purposes. Furthermore, the automotive sector`s growth has contributed to the demand for steel wire in the manufacturing of various automotive components. The UAE strong industrial base, including the production of electrical appliances and machinery, also relies heavily on steel wire, further stimulating market growth. Additionally, the country`s favorable business environment and strategic location for exports have made it an attractive destination for steel wire manufacturers, boosting both domestic consumption and exports.
The steel wire sector grapples with fluctuating global steel prices and the need to meet international quality standards. Additionally, there is a challenge in diversifying product offerings to cater to various industries.
Maintaining high-quality standards is crucial in the steel wire market. Manufacturers need to invest in advanced technology and quality control processes to meet customer expectations. Global steel wire manufacturers pose stiff competition to local businesses in the UAE, requiring companies to continually innovate and optimize their operations.
Steel wire is a crucial component in various industries, including construction and manufacturing. Key players in the UAE steel wire market include Emirates Steel, Ducab, and Gulf Steel Industries, which produce a diverse range of steel wire products to meet the demands of the domestic and international markets.
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 United Arab Emirates (UAE) Steel Wire Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Steel Wire Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Steel Wire Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 United Arab Emirates (UAE) Steel Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Steel Wire Market Trends |
6 United Arab Emirates (UAE) Steel Wire Market, By Types |
6.1 United Arab Emirates (UAE) Steel Wire Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Non-rope, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Rope, 2021-2031F |
6.2 United Arab Emirates (UAE) Steel Wire Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.3 United Arab Emirates (UAE) Steel Wire Market, By Thickness |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By 0.01 mm to 0.8 mm, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By 0.8 mm to 1.6 mm, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By 1.6 mm to 4 mm, 2021-2031F |
6.3.5 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By 4 mm & above, 2021-2031F |
6.4 United Arab Emirates (UAE) Steel Wire Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Construction, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Energy, 2021-2031F |
6.4.5 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Agriculture, 2021-2031F |
6.4.6 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.7 United Arab Emirates (UAE) Steel Wire Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Steel Wire Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Steel Wire Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Steel Wire Market Imports from Major Countries |
8 United Arab Emirates (UAE) Steel Wire Market Key Performance Indicators |
9 United Arab Emirates (UAE) Steel Wire Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Steel Wire Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Steel Wire Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Steel Wire Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Steel Wire Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 United Arab Emirates (UAE) Steel Wire Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Steel Wire Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Steel Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |