Press Release

Oman Rebar Steel Market is Expected to grow at a robust CAGR of 5.16% through 2030F

The increasing Oman rebar steel market is driven by increasing demand from mega infrastructure projects, growing adoption of sustainable and high-strength rebar steel during the forecast period 2026-2030F.


According to TechSci Research report, “Oman Rebar Steel Market – By Region, Competition, Forecast & Opportunities, 2030F", The Oman Rebar Steel Market was valued at USD 692.09 Million in 2024 and is expected to reach USD 944.40 Million by 2030 with a CAGR of 5.16% during the forecast period. Oman’s construction industry is witnessing an increasing demand for high-strength rebar steel, particularly in large-scale infrastructure projects. With massive investments in transportation, energy, and industrial developments, contractors are shifting towards higher-grade rebar to improve structural durability and reduce material usage. Projects such as the Duqm Refinery, Oman Rail Network, and Sohar Port Expansion are driving this trend, as they require rebar that can withstand high load-bearing capacities and harsh environmental conditions.

Additionally, government-backed Vision 2040 initiatives are accelerating the development of smart cities and modernized infrastructure, leading to a preference for high-tensile steel reinforcement over conventional mild steel. This shift is also being supported by stricter building codes and sustainability goals, encouraging the use of high-strength, corrosion-resistant rebars to enhance structural longevity. As a result, manufacturers are ramping up the production of advanced rebar materials, ensuring long-term efficiency and cost savings in Oman’s construction sector.

 Sustainability is becoming a key focus in Oman’s rebar steel market, with a growing emphasis on eco-friendly and recycled steel for construction. The push for carbon footprint reduction and energy-efficient building materials has led to an increased adoption of green rebar alternatives, such as scrap-based and low-emission steel production.

Steel manufacturers in Oman, including those in Sohar and Duqm, are investing in electric arc furnace (EAF) technology, which allows for the production of recycled rebar with minimal energy consumption. Additionally, major construction projects, particularly those in the hospitality and tourism sectors, are integrating sustainable building practices, further driving the demand for low-carbon rebar solutions. As regulatory frameworks become stricter regarding environmental impact, developers are opting for certified green rebar, aligning with global sustainability trends. This shift is positioning Oman as a leader in environmentally responsible construction, ensuring long-term market growth for eco-friendly steel reinforcement materials.

 

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Based on type, Deformed is the fastest growing segment in the OMAN Rebar Steel Market in coming period due to its superior strength, durability, and increasing demand in large-scale infrastructure projects. Deformed rebar, characterized by its ridges and lugs, provides enhanced bonding with concrete, making it the preferred choice for structural applications in high-rise buildings, bridges, tunnels, and industrial facilities.  Oman’s construction sector is expanding rapidly, fueled by major projects such as the Duqm Special Economic Zone (SEZAD), the Oman Rail project, and ongoing road network expansions. These large-scale projects require high-tensile strength reinforcement, which deformed rebar provides. Additionally, Oman’s Vision 2040 focuses on urbanization and industrial growth, leading to a rising preference for deformed rebar in both residential and commercial construction.

Compared to mild rebar, deformed rebar enhances load-bearing capacity due to its ability to firmly grip concrete, reducing the risk of slippage and structural failure. With seismic-resistant properties, it is increasingly used in earthquake-prone regions and in coastal construction, where high durability is essential. Oman is implementing stricter building regulations and quality standards, encouraging the use of high-strength, corrosion-resistant materials. Deformed rebar meets these new standards and is becoming the industry benchmark for modern construction projects.

Based on region, Dhofar is the fastest growing region in the OMAN Rebar Steel Market during the forecast period, driven by major infrastructure projects, rapid urbanization, and increasing investments in tourism and industrial development. The region’s strategic location, growing economic activity, and government-backed initiatives are key factors fueling the demand for rebar steel. Dhofar is witnessing extensive infrastructure development, particularly in Salalah, Oman’s second-largest city. Large-scale projects, such as Salalah Free Zone, road network expansions, and port modernization efforts, are significantly boosting the demand for high-quality rebar steel. The ongoing construction of bridges, tunnels, and commercial hubs in Dhofar requires durable and high-strength rebar, contributing to the market’s rapid growth.

The region’s population is steadily increasing, leading to greater demand for residential, commercial, and mixed-use developments. Government housing projects and private sector investments in high-rise buildings, shopping malls, and entertainment complexes have accelerated the adoption of rebar steel, particularly deformed and corrosion-resistant variants for long-term durability. Dhofar is a key player in Oman’s economic diversification strategy under Vision 2040, with increased investments in manufacturing, logistics, and energy sectors. The development of industrial zones and new power plants, such as Salalah Ammonia Project and renewable energy farms, demands significant amounts of rebar steel for structural reinforcements, driving market expansion. Dhofar’s Khareef season (monsoon) attracts millions of visitors annually, leading to a surge in hotel, resort, and airport expansion projects. These developments require substantial use of rebar steel, further propelling market growth.

 

Key market players in the Oman Rebar Steel market are: -

  • Hamriyah Steel
  • Gulf Steel Industries
  • Emsteel
  • Emirates Rebar Limited
  • Union Iron & Steel
  • Madar Building Materials Co. Ltd.
  • Union Rebar Factory
  • Shattaf Group                        

 

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“The Oman Rebar Steel Market presents significant opportunities driven by rising infrastructure projects, rapid urbanization, and industrial expansion. Government initiatives under Vision 2040 focus on transport, energy, and housing projects, increasing demand for high-quality rebar. The Salalah Free Zone, Duqm Special Economic Zone, and renewable energy projects create strong growth prospects. Expanding tourism in Dhofar and Muscat boosts hotel and commercial construction, further driving rebar demand. Additionally, technological advancements in steel manufacturing and a shift toward sustainable, corrosion-resistant rebar solutions open avenues for innovation. Increasing foreign investments and public-private partnerships further enhance market growth potential.Top of Form” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

“Oman Rebar Steel Market Segmented By Type (Deformed, Mild), By End Use (Residential, Commercial, Industrial, Public), By Process (Basic Oxygen Steelmaking, Electric Arc Furnace), By Finishing Type (Epoxy-Coated Rebar, Carbon Steel rebar, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F,” has evaluated the future growth potential of Oman Rebar Steel  Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Oman Rebar Steel Market.

 

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Relevant Reports

Oman Rebar Steel Market Segmented By Type (Deformed, Mild), By End Use (Residential, Commercial, Industrial, Public), By Process (Basic Oxygen Steelmaking, Electric Arc Furnace), By Finishing Type (Epoxy-Coated Rebar, Carbon Steel rebar, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F

Infrastructure | Mar, 2025

The increasing Oman rebar steel market is driven by increasing demand from mega infrastructure projects, growing adoption of sustainable and high-strength rebar steel during the forecast period 2026-2030F.

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