Active Construction Sector Spinning Steel Imports in UAEBy: Shushmul Maheshwari
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Active Construction Sector Spinning Steel Imports in UAE
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Our new research report, “UAE Steel Industry Analysis”, says that the demand for steel in the Gulf Cooperation Council (GCC) surged to 20 Million Metric Tons in 2007, and is projected to grow at a CAGR of around 14.5%.
According to the report, the GCC region has established itself as a major player in the global steel industry over the last few years and played a critical role in increasing the global steel consumption during 2000-2006. While the global steel consumption during 2000-2006 witnessed a CAGR growth of 6%, consumption in the GCC region grew at a CAGR of good 8% on account of rising use of steel in various forms.
Within the GCC region, the UAE has emerged as a key player in steel industry. The growth in the UAE steel industry is led by soaring import that rose from 4,437 Million Tons in 2004 to 6,514 Million Ton in 2006. The import of all forms of steel, such as HRC, CR and coated sheet (except Semis), have grown at a rapid pace, highlighting that the steel demand is being led by highly active construction sector.
According to the report, with giant real estate and infrastructure development projects like roads, airport, power lines, bridges and metro kicking off almost everyday in the UAE, the volume of imported steel has been increasing sharply. Steel import in the country is expected to continue to rise in coming years as many of these projects are in the nascent stage and construction activities are projected to grow at a CAGR of about 12.8% by 2010.
“UAE Steel Industry Analysis” is a comprehensive report on the growing steel sector in the UAE. It thoroughly studies the market trends, evolving markets and growth prospects. By intensively examining and correlating the past market trends and base drivers in the UAE steel industry, the report forecasts the future growth of the industry. It assesses the current status of the steel industry in the UAE and GCC region to identify investment opportunities for global investors.
The report provides forecast on steel production by country, rebar steel consumption by country and construction industry.
For more information visit: http://rncos.com/Report/IM135.htm
Current Industry News: http://www.rncos.com/Blog/http://rncos.com/Report/CP11.htm |
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| Keywords |
UAE Steel Industry Analysis, Steel Industry, Steel Industry of UAE, Market Research Report, Industry Research, Industry Analysis, Future of UAE Steel Industry |
| Category |
Business |
| Submission Date |
Apr 15, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
| 1. |
Low Wages & Govt Support Pushing China Ahead of other Asia-Pacific Biotech Markets
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We have recently released a new research report, “Asia Pacific Biotechnology Market (2008-2012)”, which says that the Chinese biotechnology market is expected to grow at a CAGR of over 23% during 2007-2012. This will enable the country to represent around 25% of the Asia Pacific biotech market revenue by 2012.
The report has identified lower wages in China compared to other Asian-Pacific countries as the main reason for high growth in the country’s biotechnology market. For instance, wages in China are 10% to 15% lower than that in India, one of the low-cost countries. Moreover, with hire and fire policy, the labor policies in China are more liberal, helping the biotech industry to increase productivity and reduce cost.
The Chinese government strongly supports its biotech industry and has been aggressively investing in the industry to foster growth, says the report. Apparently, the annual investments by the government surged at a CAGR of 86.12% during 2001-2005 to US$ 1.2 Billion in 2005 from US$ 100 Million in 2001. In addition, we expect that the investment will rise to US$ 8.8 Billion by the end of 2010 as the government intends to make China one of the leading biotech markets in the world.
China is just one of the many Asia-Pacific countries discussed in the “Asia-Pacific Biotechnology Market (2008-2012)”. The report provides comprehensive overview on the biotechnology market of countries like Japan, Taiwan and Singapore. It highlights the fact that Asia-Pacific biotechnology markets differ from each other remarkably in terms of infrastructure, talent pool, size, funding, growth, and potential as an outsourcing destination. It gives valuable information along with statistical data to pharmaceutical & biotechnology companies and investors planning to invest in these markets, helping them to plan their strategies according to the individual market.
The report also provides information on the market size, segmentation, structure, growth, future prospects, success and risk factors, and evolving trends in technology development.
For more information visit: http://www.rncos.com/Report/IM138.htm
Current Industry News: http://www.rncos.com/Blog/
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RNCOS Releases a New Report- Russian Food and Non Food Retail Forecast (2009-2012)
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RNCOS has recently added a new Market Research Report titled, “Russian Food and Non Food Retail Forecast (2009-2012)” to its report gallery. Retail is one of the fastest growing industries of the Russian economy. In recent years, Russia has emerged as a leading name among countries providing the most conducive retail environment. In fact, Russia is the third most attractive destination for retail after Vietnam and India, thanks to its rapid economic growth, rising purchasing power, favorable policy framework, growing consumer spending and consumption level.
Realizing its potential as a “nearly perfect” retail outfit, a number of large international retailers are heading to Russia. A large population base and oil-based wealth has further attracted the foreign retailers towards the country, says "Russian Food and Non Food Retail Forecast (2009-2012)”.
The Russian retail industry is growing dynamically and undergoing rapid transformation. The market is still fragmented in nature with top 25 retailers accounting for less than 15% of the total market. The current situation offers big opportunities for retailers (both domestic and foreign) to expand their operations and to tap the market. And the vast consumer base with rising demand offers the desired platform for growth and expansion.
"Russian Food and Non Food Retail Forecast (2009-2012)” provides detailed overview on the retail industry in Russia. It covers the past, current and future performance of the industry and identifies the factors responsible for the growth of the industry. The research also studies the behavior of the Russian consumer with respect to his purchasing power, spending pattern, and inclination towards domestic and foreign brands. The future growth areas discussed in the report helps to analyze the emerging market segments for players.
The report features four-year industry forecast (2009-2012)
- Retail Sales in Billion US$
- Non-food Retail Sales in Billion US$
- Food Retail Sales in Billion US$
- Food Imports in Billion US$
- Luxury Goods Market in Billion US$
- Baby Food Market in Million US$
- Clothing Retail Sales in Billion US$
- Cosmetics & Perfumery Market in Billion US$
- Personal Disposable Income per Head in US$
- Consumer Expenditure in Billion US$
- Online Sales Market in Billion US$
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM168.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Indian Footwear Market to Grow at 19% CAGR
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According to our new research report “Indian Footwear Market Forecast to 2012”, with growing demand for children and women footwear, the Indian footwear retail market is projected to grow at a CAGR of about 19% between 2009 and 2012. Low cost of footwear production is another major advantage with India which will help in sustaining footwear demand in near future.
India has tremendous untapped potential in the ladies and kids footwear segment. Moreover, no organized retailing chain has the national presence in either of these categories. Of the total footwear market, ladies’ shoes account for almost 40% wherein unorganized segment constitutes 80%-90% of the market, indicating immense marketing opportunities for organized players. As the Indian woman becoming more brand-conscious as opposed to the past state of being product-conscious, a large number of internationally renowned players are expected to enter the market to fill this widening gap. Given India’s very young population, the market for children footwear is also attractive for new organized players to enter and earn supernormal profits.
Besides, women in India are becoming a key decision maker for most of the retail buying like footwear as their role in family planning and contribution to income is increasing. They have also been found doing impulsive buying for their kids during their visit to shopping malls. Thus, this changing trend will definitely help in raising the demand for footwear in India.
“Indian Footwear Market Forecast to 2012” provides reliable and objective analysis on the trends and performance of the Indian footwear market. It gives intensive qualitative and quantitative evaluation of the market. The report also discusses all the key parameters and gives segment-wise forecasts like Men’s, Women’s and Children’s, mass, casual and premium footwear etc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM004.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Fruit Juices to drive UK Health Drinks Market
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After the UK government’s message of five fruit and vegetable portions per day, the popularity of juices has increased immensely in the country. A similar trend is also seen in the fruit smoothie’s category, again thanks to the five-a-day campaign.
Fruit juices will be the fastest and one of the largest segments of the UK soft drinks market. Rising popularity of drinking juice, while out and about, could be the key for further growth in this market. Besides, rising number of juice bars (on trade), new product innovation, changing consumer behavior, preference for health drinks and healthy lifestyle will also boost the fruit juice consumption in the UK.
According to a Senior Research Analyst at RNCOS, “The ongoing recession will not affect the consumption of fruit juices in the UK much and the consumption growth will only fall marginally in the next 8-10 months. The market will maintain healthy growth momentum on the back of changing consumer preference. It is anticipated that the demand for economical private label products and in-house developed products in supermarkets and hypermarkets will rise as compared to premium and branded products as consumers will try to maintain their fruit juice intake level. Despite shift in preference and slight slowdown in growth, fruit juices will remain an important segment of health drinks market and continue to drive the industry growth.”
“UK Health Drinks Market”, a recent report by RNCOS, comprehensively discusses the health and energy drinks market in the UK with focus on market trends in all the segments to help client identify the segment with highest potential. It also provides an overview on past, current and future scenario of various product segments to present a clear picture on sales and consumption pattern.
The RNCOS research provides forecast on retail sales of fruit juices, still & juice drinks, sports & energy drinks, and smoothies. It takes into account the changing consumer preferences and behavior while predicting the future direction of the market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM116.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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High Consumption Fuelling LNG Import in South Korea
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Natural gas plays a vital role in South Korean energy market; in fact, in 2007, natural gas accounted for around 14% share in country’s total energy generation, meeting a substantial part of its rapidly growing energy demand, says “Global LNG Market - The Road Ahead”.
According to RNCOS analyst, “Despite the economic ups and downs, primary energy consumption is expected to grow at an average rate of around 3% during 2008-2012.” Apart from rising consumption, the need to create a pollution-free environment has prompted the country to focus on gas-fired power stations. Also, the country is likely to bring more gas-fired power plants online in near future to meet the power demand of domestic heavy and manufacturing industries that consume a large part of power. As natural gas has high calorific value and is a relatively cleaner source of energy, its demand is rolling in the domestic South Korean market, says the report.
However, the limited natural gas reserves have forced South Korea to import LNG from other countries to match its domestic requirements. In fact, domestic production contributes an insignificant share towards the country’s total natural gas consumption. And geographical positioning and non-friendly environment of South Korea with counterpart North Korea has limited the development of its natural gas pipeline with Russia. As a result, it has been importing natural gas in the liquid form since 1994.
“Global LNG Market - The Road Ahead” expects that South Korea’s LNG demand in 2010 for power generation and other domestic uses will be up by more than 32% over 2007 level.
Apart from South Korea, the report provides a detailed study on LNG markets of other countries too. It covers information on the LNG importing countries like Japan, China India, the US and France, and LNG exporting countries like Australia, Indonesia, Malaysia, Australia, Oman, the UAE and Qatar to understand the global LNG supply and demand market. It analyzes both present and future scenario of the LNG market, and features forecast on LNG demand, supply and production etc at country-level.
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