According to the latest report by IMARC Group, titled “GCC Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC prefabricated building and structural steel market reached a value of US$ 3.15 Billion in 2020. Prefabricated buildings represent structures manufactured in a factory and transported to the construction site, which are then assembled in a proper building. Structural steel stands for the skeletal framework of the building, wherein the prefabricated parts are installed. To build these frame structures, several materials are required, including metal panels, wooden panels, glass, plastics, composites, etc. They are suitable for temporary structures as they require less time involvement and have low costs. Prefabricated construction is also utilized in the GCC region as it aids in waste management and saves energy.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The expanding construction activities and growing awareness among consumers regarding the flexibility of structural steel across the GCC region are driving the market growth. Besides this, the rising focus on sustainable growth is also encouraging the adoption of prefabricated buildings and structural steel in the construction sector, thereby augmenting the market growth. In addition to this, the increasing investments in the infrastructure sector by both public and private stakeholders are also propelling the market growth. Furthermore, the expanding tourism industry and the upcoming events in the GCC region have propelled the demand for quick and cheaper construction solutions, which, in turn, will continue to drive the market in the coming years. On account of these factors, the GCC prefabricated building and structural steel market is expected to exhibit moderate growth during the next five years.
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Cosmetic Implants Market:Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
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.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “GCC Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC prefabricated building and structural steel market reached a value of US$ 3.15 Billion in 2020. Prefabricated buildings represent structures manufactured in a factory and transported to the construction site, which are then assembled in a proper building. Structural steel stands for the skeletal framework of the building, wherein the prefabricated parts are installed. To build these frame structures, several materials are required, including metal panels, wooden panels, glass, plastics, composites, etc. They are suitable for temporary structures as they require less time involvement and have low costs. Prefabricated construction is also utilized in the GCC region as it aids in waste management and saves energy.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The expanding construction activities and growing awareness among consumers regarding the flexibility of structural steel across the GCC region are driving the market growth. Besides this, the rising focus on sustainable growth is also encouraging the adoption of prefabricated buildings and structural steel in the construction sector, thereby augmenting the market growth. In addition to this, the increasing investments in the infrastructure sector by both public and private stakeholders are also propelling the market growth. Furthermore, the expanding tourism industry and the upcoming events in the GCC region have propelled the demand for quick and cheaper construction solutions, which, in turn, will continue to drive the market in the coming years. On account of these factors, the GCC prefabricated building and structural steel market is expected to exhibit moderate growth during the next five years.
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Cosmetic Implants Market:Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
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.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800