Understand the latest company dynamics and industry information
1、 Market core driving force
Explosive growth in infrastructure investment
The size of Qatar's construction market is expected to increase from 35.1 billion US dollars in 2024 to 43.4 billion US dollars in 2029 (with a compound annual growth rate of 3.3%), driven by government led transportation, residential, and commercial projects such as Lusail New City and the extension of the Doha Metro, resulting in a surge in demand for light steel keel.
Policy dividends continue to be released
Under the strategy of economic diversification, free trade zones provide tariff reductions and incentives for foreign investment, attracting global building materials companies to settle in;
The National Vision 2030 Plan explicitly requires new construction projects to use green building materials, and light steel keel has received policy support due to its recyclability rate exceeding 90%.
2、 Product demand characteristics
High temperature adaptability requirements
Light steel keel needs to meet the standard of galvanized layer ≥ 120g/㎡ (anti-corrosion and high temperature resistance) to cope with Qatar's year-round 40 ℃+extreme climate.
Local procurement preference
80% of buyers rely on imports from China and prefer light steel keel partition systems (quoted at 120-250 yuan/㎡, including materials and construction);
The demand growth rate for environmentally friendly products (such as low-energy fake lawn accessories) exceeds that of traditional building materials.
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