Middle East Tin Free Steel Market Research Report 2024-2030

2024. 10. 23. 15:25카테고리 없음

The Middle East Tin Free Steel market size was valued at US$ 287 million in 2024 and is projected to reach US$ 376 million by 2030, at a CAGR of 4.6% during the forecast period 2024-2030.

Tin free steel, also known as electrolytic chromium coated steel (ECCS), is a corrosion-resistant steel product used in packaging, particularly for food and beverage cans.

 

The Middle East tin free steel market is showing steady growth, driven by the expanding food processing industry and increasing demand for sustainable packaging solutions. In 2023, total production reached approximately 450,000 metric tons, with food can manufacturing accounting for 55% of market value. The market saw a 12% increase in demand for lightweight tin free steel grades in 2023, particularly for use in beverage cans. Use in aerosol packaging is growing at 7% annually. The industry is witnessing a trend towards improved coating technologies, with a 18% year-over-year increase in R&D investments for enhanced corrosion resistance. Adoption of tin free steel in non-food packaging applications grew by 22% in 2023. Leading manufacturers are focusing on developing tin free steel with improved formability, with a 25% increase in product launches featuring advanced steel alloys. The market is also seeing increased interest in recyclable tin free steel packaging, with a 30% rise in recycling initiatives and consumer awareness campaigns.

Report Includes

This report is an essential reference for who looks for detailed information on Middle East Tin Free Steel. The report covers data on Middle East markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Middle East major vendors¡¯ information. In addition to the data part, the report also provides overview of Tin Free Steel, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Middle East Tin Free Steel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tin Free Steel. This report contains market size and forecasts of Tin Free Steel in Middle East, including the following market information:

We surveyed the Tin Free Steel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Saudi Arabia

•    United Arab Emirates (UAE)

•    Qatar

•    Kuwait

•    Oman

•    Bahrain

•    Israel

by Products type:

•    TFS—Cr

•    TFS—Ni

by Application:

•    Beverage Can

•    Food Can

•    Universal Can

•    Electronic Equipment Parts

•    Other

key players include: (At least 8-10 companies included)

•    Hadeed (Saudi Iron & Steel Co.)

•    Emirates Steel

•    Qatar Steel Company

•    United Iron & Steel Company

•    Sharq Sohar Steel Rolling Mills LLC

•    Rajhi Steel Industries

•    Al Ghurair Iron & Steel LLC

•    Ezz Steel

•    Kuwait Steel

•    Suez Steel Company

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Tin Free Steel revenues in Middle East market, 2019-2024 (Estimated), ($ millions)

•    Key companies Tin Free Steel revenues share in Middle East market, 2023 (%)

•    Key companies Tin Free Steel sales in Middle East market, 2019-2024 (Estimated),

•    Key companies Tin Free Steel sales share in Middle East market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Middle East and country-wise market of Tin Free Steel

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Tin Free Steel capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Tin Free Steel manufacturers

•    Tin Free Steel forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content

1 Market Overview    

 

1.1 Product Overview and Scope of Tin Free Steel 

 

1.2 Segment by Type    

 

1.2.1 Middle East Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 TFS—Cr    

1.2.3 TFS—Ni


1.3 Segment by Application  

 

1.3.1 Middle East Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Beverage Can

1.3.3    Food Can

1.3.4    Universal Can

1.3.5    Electronic Equipment Parts

1.3.6    Other

1.4 Middle East Market Growth Prospects    

1.4.1 Middle East Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Middle East Production Estimates and Forecasts (2019-2030)  

 

2 Middle East Growth Trends    

 

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis    
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