The Middle East and Africa stainless steel market size reached USD 9.41 Billion in 2025. The market is expected to grow at a CAGR of 3.80% between 2026 and 2035, reaching almost USD 13.66 Billion by 2035.
Base Year
Historical Period
Forecast Period
Gulf Cooperation Council (GCC) members, responsible for a quarter of global crude oil production, are driving significant developments in oil and gas infrastructure, leading to a surge in seamless pipeline projects. SeAH Gulf Special Steel's substantial investment of USD 270 million in a new stainless steel pipe factory, slated to begin operations in 2025, underscores the rising prominence of stainless steel across industries.
Additionally, Saudi Arabia is experiencing notable growth in its real estate sector, with agreements totalling USD 2.13 billion dedicated to infrastructure and community development projects across the Kingdom.
Compound Annual Growth Rate
3.8%
Value in USD Billion
2026-2035
*this image is indicative*
Stainless steel is a versatile alloy primarily composed of iron with high chromium content, enhanced by elements like nickel, molybdenum, and others. Its corrosion resistance, durability, and aesthetic appeal make it a favoured material across industries including construction, automotive, and infrastructure. Despite setbacks from the COVID-19 pandemic, the industry rebounded in 2021 driven by demand from construction and automotive sectors driving the Middle East and Africa stainless steel market growth.
In the Middle East, stainless steel is experiencing robust growth due to expanding construction, automotive, and infrastructure industries. Its corrosion resistance and strength make it ideal for architectural finishes, structural elements, and automotive components. The region's focus on sustainability aligns with stainless steel's recyclability and longevity, driving further market expansion.
Architects and engineers favour stainless steel for its corrosion resistance in challenging environments. In construction, it is used for beams, columns, railings, roofing, and more. The Middle East's stainless steel market growth is fuelled by infrastructure projects and industrial expansion, evidenced by major investments like SeAH Gulf Special Steel's USD 270 million seamless pipe factory.
Saudi Arabia's real estate boom and the UAE's transition to sustainable materials highlight growing demand for stainless steel in the region. With significant investments in stainless steel production and a focus on sustainability, the Middle East and Africa stainless steel market development is expected to witness continued growth and innovation.
"Middle East and Africa Stainless Steel Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Country
Key players in the stainless steel market in Middle East and Africa offer products utilising advanced technologies and sustainable production practices while carrying out mergers and acquisitions.
Weathering Steel Market
Stainless Steel Market
Structural Steel Market
Electrical Steel Market
South Korea Steel Market
Saudi Arabia Structural Steel Market
North America Stainless Steel Market
Europe Stainless Steel Market
Asia Pacific Stainless Steel Market
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is estimated to be valued at USD 9.41 Billion in 2025.
The market is projected to grow at a CAGR of 3.80% between 2026 and 2035.
The stainless steel market is expected to witness significant growth to reach USD 13.66 Billion in 2035.
The market is categorised according to its type, which includes cold flat, hot coils, hot bars/wire rod, cold bars/wire, hot plate and sheet, and others.
The key market players are Nippon Steel Corporation, Aperam SA, Outokumpu Oyj, POSCO Co., Ltd., Acerinox S.A., ArcelorMittal S.A., JFE Steel Corporation, and others.
The market is driven by factors that include expanding construction, automotive, and infrastructure industries along with increasing investments in various industries, among others.
The market is categorised according to its application, which includes metal products, mechanical engineering, construction, automotive and transportation, electrical machinery, and others.
China accounts for the largest consumption of stainless steel globally with industries, urbanisation and infrastructural development increasing the demand.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share