Latest News- Steel Building Market in Middle East and Africa: PEBs is expected to lead the Product segment during 2025-2029

The Steel Building Market in Middle East and Africa is being driven by Advantages of PEBs over traditional building

The Steel Building Market in Middle East and Africa is expected to grow at a CAGR of 4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 281.6 million. In the Middle East and Africa (MEA) region, the construction and infrastructure sectors are experiencing significant growth, driven by industrialization and population expansion in countries such as the United Arab Emirates (UAE), Saudi Arabia, Egypt, Iran, and Morocco. This growth has led to an increased demand for pre-engineered buildings (PEBs), which offer cost-effective and efficient solutions for various industries and public infrastructure projects. Notably, the construction sector in MEA is witnessing a surge due to the increasing need for public infrastructure, including hospitals, educational institutions, stadiums, indoor sports complexes, malls, and mega shopping centers. These developments are essential to accommodate the growing population and rising per capita income levels in the region. The MEA market for PEBs is expected to grow substantially in the coming years, as the demand for robust and sustainable infrastructure solutions continues to rise. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • PEBs
  • HRSS
• Application
  • Industrial
  • Commercial
  • Residential
• End-user
  • Construction and infrastructure
  • Energy and power
  • Transportation and logistics
  • Defense and aerospace
• Geography
  • Middle East and Africa
    • South Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Advantages of PEBs over traditional building
• Growth of industrial manufacturing in MEA
• Rapid investment in services and tourism sectors

However, the market also witnesses some limitations, which are as follows:

• Low awareness among builders and limited design flexibility in residential sector
• Volatile prices of raw materials for steel building
• Stringent government regulations towards steel buildings

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Market Scope in Steel Building Market in Middle East and Africa Research Report

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Research Analysis Overview

The Middle East and African steel building market offers versatile and customizable solutions for various applications, including industrial warehouses, secure storage facilities, and agricultural buildings. Steel structures provide strength, durability, and protection from elements for commercial retail spaces, office buildings, multi-story complexes, workshops, and even aircraft hangars. Residential uses include garages, carports, churches, religious institutions, barns, and even residential garages. Steel buildings offer flexibility and safety with customizable designs, making them ideal for storage units, schools, sports facilities, indoor practice areas, and more. Metal building construction delivers durability, low-maintenance, and a safe environment for all these applications.

Market Research Overview

The Steel Building Market in Middle East and Africa caters to the construction needs of various industries, encompassing versatile solutions for industrial warehouses, secure storage, commercial retail spaces, and agricultural buildings. This market falls under the broader Construction and Engineering sector, which encompasses engineering service providers and EPC (Engineering, Procurement, and Construction) contractors operating in the non-residential domain. Factors driving market growth include substantial investments in urban infrastructure development to accommodate burgeoning populations and the ensuing demand for essential services such as transportation, communications, and utilities. The inherent strength, durability, and protection from elements offered by steel buildings further bolster market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/