GCC Composite Concrete Deck Market

Market Overview:

GCC composite concrete deck market size reached US$ 13.74 Billion in ​2023​. Looking forward, IMARC Group expects the market to reach US$ 26.79 Billion by ​2032​, exhibiting a growth rate (CAGR) of 7.40% during 2024-2032. The launch of favorable policies by government bodies promoting sustainable and resilient infrastructures is primarily augmenting the regional market.

A composite concrete deck refers to a structural deck arrangement comprising a concrete slab and a steel or composite metal deck. The connection between these elements involves shear connectors, usually in the form of headed studs welded onto the upper surface of the steel beam. This construction method finds extensive application in multi-story buildings like offices, hotels, and residential apartments. Additionally, composite concrete decks are employed in bridges, parking garages, and structures where a favorable strength-to-weight ratio is crucial. The composite system provides a cost-effective and proficient construction solution, boasting attributes, such as robust strength, durability, effective sound insulation, fire resistance, and flexibility in design.

GCC Composite Concrete Deck Market Trends:

The GCC composite concrete deck market is undergoing significant transformations driven by key drivers and emerging trends, reshaping the construction landscape across the region. A primary driver is the escalating demand for sustainable and efficient construction solutions in response to the rapid urbanization and infrastructure development in GCC nations. Additionally, technological advancements in composite materials and construction processes are influencing the market trends. Besides this, innovations in shear connectors, improved steel beam design, and enhanced composite metal decks are contributing to the overall efficiency and performance of composite concrete decks. Moreover, these technological upgrades align with the industry's focus on optimizing construction processes and materials. Apart from this, the growing emphasis on green construction practices in the GCC is acting as another significant growth-inducing factor. Composite concrete decks, known for their durability and energy efficiency, are in high demand as the region prioritizes environmentally friendly building initiatives. Furthermore, as the GCC nations continue to invest in infrastructure projects, composite concrete decks play a vital role in meeting the demands for efficient, durable, and eco-friendly construction solutions. Overall, the widespread adoption of sustainable practices, technological advancements, and government support will continue to propel the regional market over the forecasted period.

GCC Composite Concrete Deck Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on thickness type, deck type, and application.

Thickness Type Insights:

• 1.5”
• 2”
• 3”
   

The report has provided a detailed breakup and analysis of the market based on the thickness type. This includes 1.5”, 2”, and 3”.

Deck Type Insights:

• Proprietary System
• Pre-Cast
• Site-Built
   

A detailed breakup and analysis of the market based on the deck type have also been provided in the report. This includes proprietary system, pre-cast, and site-built.

Application Insights:

• Residential
• Commercial
   

The report has provided a detailed breakup and analysis of the market based on the application. This includes residential and commercial.

Country Insights:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman, and Bahrain.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

GCC Composite Concrete Deck Market Report Coverage:

Key Questions Answered in This Report:

• How has the GCC composite concrete deck market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the GCC composite concrete deck market?
• What is the breakup of the GCC composite concrete deck market on the basis of thickness type?
• What is the breakup of the GCC composite concrete deck market on the basis of deck type?
• What is the breakup of the GCC composite concrete deck market on the basis of application?
• What are the various stages in the value chain of the GCC composite concrete deck market? 
• What are the key driving factors and challenges in the GCC composite concrete deck?
• What is the structure of the GCC composite concrete deck market and who are the key players?
• What is the degree of competition in the GCC composite concrete deck market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC composite concrete deck market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the GCC composite concrete deck market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC composite concrete deck industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.