Press Release
Middle East & Africa Stainless Steel Market Set for Strong Growth – Global Data Route Analytics
PRESS RELEASE
Pune, 12 December 2025
The Middle East and Africa stainless steel market reached a valuation of approximately USD 15.8 billion in 2024, solidifying its role as a rapidly expanding regional hub for stainless steel production and consumption. Driven by large-scale infrastructure development, industrial expansion, and rising construction activities, the region is witnessing consistent growth in demand for corrosion-resistant and high-performance stainless steel materials.
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Projected to surpass USD 22.7 billion by 2035, the market is expected to grow at a steady CAGR of around 4.6% from 2025 to 2035. Increasing investment in oil & gas, petrochemicals, automotive manufacturing, and food processing industries continues to boost stainless steel applications across the Middle East and Africa. Expanding urbanization, government infrastructure programs, and a heightened need for durable materials are among the core factors shaping future market expansion.
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Industrial diversification across GCC nations, rising manufacturing capacity, and the shift toward advanced stainless steel grades are creating new opportunities for both regional and global producers. The growing adoption of stainless steel in construction, machinery, household appliances, and industrial processing is further reinforcing long-term market sustainability.
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Key Market Segmentation
By Product Type
• Austenitic Stainless Steel
• Ferritic Stainless Steel
• Martensitic Stainless Steel
• Duplex Stainless Steel
• Precipitation Hardening Stainless Steel
By Application
• Construction and Infrastructure
• Oil & Gas
• Automotive
• Chemical and Petrochemical
• Food Processing
• Household Appliances
• Others
By End User
• Manufacturing Industries
• Construction Companies
• Oil & Gas Companies
• Chemical Plants
• Food and Beverage Industry
• Others
By Region – Global Stainless Steel Market
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Key Countries
• United States
• Canada
• Mexico
• Germany
• United Kingdom
• France
• Italy
• Spain
• China
• India
• Japan
• South Korea
• Australia
• Taiwan
• Brazil
• Argentina
• South Africa
• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Rest of Middle East and Africa
Key Players – Middle East and Africa Stainless Steel Market
• Outokumpu Oyj
• Jindal Stainless Limited
• Emirates Steel Industries
• Hadeed (Saudi Iron & Steel Company)
• Al Jazeera Steel Products Co.
• Midal Cables
• Dubai Stainless Steel Factory
• Outotec Oyj
• ThyssenKrupp AG
• Tata Steel Limited
About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Data Route Analytics.
