Kuwait Rebar Steel Market is Expected to grow at a robust CAGR of 5.88% through 2030F
The
increasing Kuwait rebar steel market is driven by increasing adoption of
high-strength rebar, rising demand for sustainable and recycled rebar during
the forecast period 2026-2030F.
According
to TechSci Research report, “Kuwait
Rebar Steel Market – By Region, Competition, Forecast & Opportunities, 2030F,
The Kuwait Rebar Steel Market was valued at USD 1,328.11 Million in 2024 and
is expected to reach USD 1,888.03 Million by 2030 with a CAGR of 5.88% during
the forecast period. The Kuwait rebar steel market is witnessing a growing
shift towards high-strength reinforcement bars due to increasing demand for
durable and resilient construction materials. With the country focusing on
large-scale infrastructure projects, developers are prioritizing the use of
high-yield strength deformed bars (500 MPa and above) over conventional mild
steel bars. These high-strength rebars provide superior load-bearing capacity
and reduce the overall steel requirement in construction, leading to cost savings
and improved structural stability.
Infrastructure
developments such as the Kuwait International Airport expansion, The Silk City
project, and the Kuwait Metro require rebar with enhanced strength to withstand
heavy loads and harsh environmental conditions. Additionally, seismic-resistant
structures are gaining attention, prompting the use of thermo-mechanically
treated (TMT) rebars, which offer better flexibility, higher thermal
resistance, and corrosion protection. With government regulations emphasizing
safety and longevity in construction, the trend of using high-strength rebar is
expected to gain further traction, ensuring enhanced structural integrity
across various sectors.
Environmental
sustainability is becoming a key focus in Kuwait’s construction industry,
driving the demand for recycled and eco-friendly rebar steel. The government
and private sector are increasingly adopting green building practices to
minimize carbon footprints and align with global sustainability goals. Steel
manufacturers are investing in electric arc furnace (EAF) technology, which
enables efficient recycling of scrap metal into high-quality rebar. Companies
like Kuwait Steel are incorporating sustainable production methods to meet the
growing preference for low-carbon steel products. The use of recycled steel in
rebar manufacturing not only reduces energy consumption by nearly 60% compared
to traditional blast furnace methods but also lowers greenhouse gas emissions. Moreover,
green certification programs such as LEED (Leadership in Energy and
Environmental Design) and Kuwait’s sustainable building codes are pushing
developers to use environmentally friendly construction materials. This shift
toward sustainable rebar production is expected to accelerate, aligning with
global trends in eco-conscious urban development.
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Kuwait Rebar Steel Market"
Based
on type, Deformed is the fastest growing segment in the Kuwait Rebar Steel Market
in coming period due
to its superior strength, durability, and extensive use in large-scale
infrastructure projects. Deformed rebars, characterized by ridges and
indentations, provide enhanced bonding with concrete, making them the preferred
choice for high-load-bearing structures. Kuwait is witnessing a surge in
infrastructure developments, including roads, bridges, and commercial
buildings. The New Kuwait 2035 Vision focuses on modernizing
transportation, energy, and industrial sectors, all of which require
high-strength rebars. Deformed rebars offer better structural integrity,
making them essential for these projects.
With
urbanization on the rise, Kuwait’s demand for residential and commercial
buildings is expanding. Deformed rebars are used in skyscrapers, office
buildings, and housing projects due to their ability to withstand seismic
activities and environmental stress. Kuwait’s strict construction standards
promote the use of deformed rebars due to their higher tensile strength
and ability to reduce material wastage. Compliance with international quality
standards further encourages their adoption. Manufacturers are incorporating advanced
rolling and heat-treatment processes to produce high-quality deformed
rebars at competitive prices. Their durability reduces long-term
maintenance costs, making them a cost-effective solution for developers.
Based
on region, Farwaniya Governorate is the fastest growing region in the KUWAIT Rebar
Steel Market during the forecast period, due to rapid urbanization, increasing
infrastructure projects, and growing demand for residential and commercial
construction. As one of Kuwait’s most densely populated areas, Farwaniya plays
a crucial role in shaping the country’s construction landscape, driving the
demand for rebar steel across various sectors. Farwaniya is home to a
large expatriate population, fueling demand for housing units and mixed-use
developments. Several residential towers, shopping malls, and commercial
complexes are under construction to meet the increasing urban demand. The
expansion of Al-Dajeej and Khaitan districts, known for their commercial
significance, is boosting the need for high-quality rebar steel in
reinforced concrete structures.
The
Kuwait government is investing heavily in infrastructure improvements in
Farwaniya. The Kuwait International Airport expansion, aimed at
increasing passenger capacity and improving transportation networks, is one of
the major projects in the region. Roadway expansions and metro rail
developments are further contributing to the increasing demand for rebar
steel in bridge and highway construction. Farwaniya’s strategic location
makes it an essential hub for industrial and logistics activities. The Al-Rai
and Shuwaikh industrial zones, along with warehouse developments, require
significant steel reinforcement. As logistics and warehousing demand rise, rebar
steel consumption in the construction of industrial facilities and storage
units is also increasing. The Public Authority for Housing Welfare (PAHW)
has allocated funds for the construction of affordable housing projects
in Farwaniya, boosting the demand for rebar steel in new townships and
social housing schemes.
Key
market players in the Kuwait Rebar Steel market are: -
- Kuwait
Steel
- Al-Yousifi
Group
- Bimad
Group
- Gulf
Steel Industries
- CICON
- Al-Oula
Steel Manufacturing Company K.S.C.
- Union
Iron & Steel
- Madar
Building Materials Co. Ltd.
- Union
Rebar Factory
- Shattaf
Group
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“The
Kuwait Rebar Steel Market presents significant growth opportunities driven by
large-scale infrastructure projects, rising residential and commercial
construction, and government-backed housing initiatives. The expansion of Kuwait
International Airport, metro rail projects, and road networks is fueling demand
for high-strength rebar steel. Additionally, the industrial and logistics
sectors are witnessing rapid development, increasing the need for reinforced
concrete structures. The push for sustainable and corrosion-resistant rebar
offers opportunities for advanced steel solutions. Furthermore, foreign
investments in Kuwait’s construction sector, coupled with favorable economic
policies, provide a strong foundation for rebar steel manufacturers and
suppliers to expand their market presence.Top of Form” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based Global management consulting firm.
“Kuwait 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 Kuwait 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 Kuwait Rebar Steel Market.
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