Press Releases
GCC Prefabricated Building and Structural Steel Market By Types, Region Analysis and Forecast (2017-

GCC Prefabricated Building and Structural Steel Market Boosted by Flourishing Construction Industry

United States, 27 December 2017 -- The GCC prefabricated building and structural steel market has been witnessing a positive growth. This can be accredited to the confluence of various benefits offered by prefabricated construction and growth in the construction sector in the GCC region.

The latest report by IMARC Group, titled “GCC Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the GCC prefabricated building and structural steel market reached a value of nearly US$ 3 Billion in 2016. Prefabricated buildings are structured components which are manufactured and assembled by a process called prefabrication. These prefabricated buildings are installed in structural steel frames which are skeletal layout of a building. In the GCC countries, prefabrication construction is gaining popularity on account of various advantages such as flexibility, sustainability, time efficiency, cost effectiveness, and protection from moisture, environmental hazards and dirt.

Request a free sample copy of the report:

Highlights of the GCC prefabricated building and structural steel market:

Increasing construction activities in the GCC region act as one of the major factors for market growth.

Prefabricated building exhibits a clear dominance in the market, accounting for the majority of share.

Saudi Arabia represents the largest market owing to increasing steel consumption and infrastructural projects.

In order to achieve economic diversification, there has been a surge in the construction activities and growing investments in infrastructure, road and railway projects in the GCC countries. This acts as a primary factor for the growth of the GCC prefabricated building and structural steel market. Additionally, a boost in the tourism sector along with upcoming events in the GCC countries have facilitated the demand for quick and cheaper construction solutions. Moreover, on account of energy saving and waste management, the governments have been supporting the use of prefabricated buildings. However, low build tolerance, supplier dependency and high development prices act as a hindrance for the market growth. Further, the GCC prefabricated building and structural steel market is further expected to reach a value of more than US$ 4 Billion, exhibiting a CAGR of 7.1% during 2017-2022.

The report has segmented the market on the basis of product type into prefabricated building and structural steel which are further segregated on the basis of components. The components of prefabricated building are floors and roofs, walls, staircases, and panels and lintels, whereas, H-type beam, I-type beam, columns and angles represent the components of structural steel. Based on end-use, residential sector holds the largest market share, followed by institutional, commercial and industrial sectors. Region-wise, Saudi Arabia currently accounts for the majority of the total global share, as a result of growing consumption of steel and infrastructural projects in the region. Some of the other key markets include UAE, Oman, Qatar, Kuwait and Bahrain.

To view the report summary and Table of Contents, click on:

The report by IMARC Group has examined the GCC prefabricated building and structural steel market on the basis of:

Product Type:

Prefabricated Building
Structural Steel



PEB Component:

Floors and Roofs
Panels and Lintels

SS Component:

H-Type Beam
I-Type Beam

GCC Region:

Saudi Arabia

Browse related reports:

Saudi Arabia PVC Pipes Market Research Report:

Vinyl Flooring Market Research Report:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

# # #

Media Contacts:
Contact Us

USA: +1-631-791-1145
Follow us on twitter: @imarcglobal


Note To Editors:


Image Attached Image Attached Download file at: NY
(Right click and save file to download.)

Document Attached Image Attached Download file at: 11215
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Wednesday, 27 December 2017 at 4:31 PM
Category: Economy
Related News

Global Starch Blended Biodegradable Polymers Market By Product Types, Region and Forecast to 2023
Friday, 19 Jan 2018

Get The Best Longview Online Branding Web Design SEO SMM Solutions
Thursday, 18 Jan 2018

Looking for affordable marketing services for your local business in Chico California? Check out Mic
Thursday, 18 Jan 2018

Global Palm Oil Market By Application, Region and Analysis of Key Players 2018-2023
Thursday, 18 Jan 2018

Get More Leads With Commission Drill YouTube SEO Traffic Tool From Ivana Bosnjak
Thursday, 18 Jan 2018

Related Events

Argus Latin America LNG Summit
Monday, 21 May 2018

Maritime & Naval Test and Development Symposium in Amsterdam, Netherlands
Wednesday, 27 Jun 2018

Latest News

Trying to grow your business? Think about updating your merchant processing!
Friday, 19 Jan 2018

Using CSS Transitions - SlideUp and SlideDown
Friday, 19 Jan 2018

Chic ways to deck up the fabric sofa in your living
Friday, 19 Jan 2018

How To Prepare A Set Of String Lights For Totally New Season
Friday, 19 Jan 2018

Why you should pick a better mobile credit card reader for your business
Friday, 19 Jan 2018

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Friday, 19 January 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Light to Night Festival
  • EDGE Endourology & Enucleation Symposium 2018, Scottsdale, Arizona
  • Mexico Caribbean Adventure
  • 2018 Progress and Controversies in Gynecologic Oncology Conference
  • London Blockchain Week 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.