Middle East Spiral Welded HSAW Pipes Market Outlook 2020
The HSAW/ Spiral pipes market in the Middle East region is anticipated to flourish at a healthy rate during the forecast period of 2015-2021. HSAW pipe market is backed up by the increasing infrastructural developments in most of the countries like Qatar, Saudi Arabia and U.A.E. In addition to that announcement of major upcoming pipeline projects in the Middle East would further bid to boost the HSAW pipe market of the region.
Country wise, Saudi Arabia is anticipated to have the largest market share of HSAW pipes followed by U.A.E. According to ERC, Saudi Arabia spiral welded pipe market (By volume) would witness the highest CAGR (Compound annual growth rate) of 7.3%.
Presently, in Middle East on an average around 68% of installed desalination capacity is being utilized thus leaving 32% as not being utilized. As a result, there would be a less requirement for the expansion of desalination plants in the future; hitting the HSAW pipe industry negatively.
Attributing to that same reason the HSAW pipes market (By Volume) in U.A.E. is anticipated to grow at a modest CAGR of 5.5% during the covered forecast period. In contrast, Iran has a greater potential for HSAW pipes but owing to the international sanctions, the production and consumption of HSAW pipes has declined drastically in recent years. However, after the removal of sanction in 2016-2017, Iran is anticipated to get a boom in the HSAW pipes market thus opening the market for domestic and international players. At present, Qatar has a considerable share in Middle East HSAW pipe market and is project to become an attractive market for HSAW pipes manufacturers and players due to upcoming project like Doha Metro and FIFA world cup 2022.
The major challenge that stands in front of the HSAW pipes market of the Middle East is the declining oil prices in the international market that has withdrawn most of the major industry players from investing in the exploration and production activities in the oil & gas sector. Although, oil and gas sector has only 18% demand of total HSAW market but this has led to the postponement and cancellation of major ongoing and upcoming pipeline projects in the region.
The HSAW pipe industry includes but not limited to major players like Saudi Steel Pipe Company, Jindal SAW Ltd., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc.
“Rise in government spending on water treatment industry to propel HSAW pipes market of Middle East”: says ERC
The expansion of government’s budget for the water treatment sector is believed to fuel the HSAW pipes market of the Middle East in the coming future. Backed up by this increased spending, Saudi Arabia is anticipated to witness the highest CAGR of 7.3 % followed by UAE during 2015-2021, according to our research report “Middle East Spiral welded pipes market outlook 2021.”
At 45%, water transmission occupies the largest share of HSAW pipes market followed by construction & infrastructure and by Oil & gas.
Currently, most of the gulf countries are facing the scarcity of adequate water supply, and this alarming situation has raised the concern of the government over the expansion of desalination and water reuse sectors in the region. Countries like Saudi, U.A.E, Qatar, Oman and Kuwait are spending huge amounts on its water treatment sector. For instance, Kuwait Ministry of Public works has announced USD 281 Million for wastewater projects. Such investments would definitely boost the demand of HSAW pipes in Middle East during the covered forecast period.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” analyses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With the purpose of examining the current competitive scenario of the spiral welded steel pipes market, this report covers profiling of some of the top players like Saudi Steel Pipe Company, Jindal SAW Gulf LLC., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes company overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview of the Middle East HSAW pipe market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
“Rise in government spending on water treatment industry to propel HSAW pipes market of Middle East”: says ERC
The expansion of government’s budget for the water treatment sector is believed to fuel the HSAW pipes market of the Middle East in the coming future. Backed up by this increased spending, Saudi Arabia is anticipated to witness the highest CAGR of 7.3 % followed by UAE during 2015-2021, according to our research report “Middle East Spiral welded pipes market outlook 2021.”
At 45%, water transmission occupies the largest share of HSAW pipes market followed by construction & infrastructure and by Oil & gas.
Currently, most of the gulf countries are facing the scarcity of adequate water supply, and this alarming situation has raised the concern of the government over the expansion of desalination and water reuse sectors in the region. Countries like Saudi, U.A.E, Qatar, Oman and Kuwait are spending huge amounts on its water treatment sector. For instance, Kuwait Ministry of Public works has announced USD 281 Million for wastewater projects. Such investments would definitely boost the demand of HSAW pipes in Middle East during the covered forecast period.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” analyses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With the purpose of examining the current competitive scenario of the spiral welded steel pipes market, this report covers profiling of some of the top players like Saudi Steel Pipe Company, Jindal SAW Gulf LLC., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes company overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview of the Middle East HSAW pipe market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Currently, most of the gulf countries are facing the scarcity of adequate water supply, and this alarming situation has raised the concern of the government over the expansion of desalination and water reuse sectors in the region. Countries like Saudi, U.A.E, Qatar, Oman and Kuwait are spending huge amounts on its water treatment sector. For instance, Kuwait Ministry of Public works has announced USD 281 Million for wastewater projects. Such investments would definitely boost the demand of HSAW pipes in Middle East during the covered forecast period.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” analyses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With the purpose of examining the current competitive scenario of the spiral welded steel pipes market, this report covers profiling of some of the top players like Saudi Steel Pipe Company, Jindal SAW Gulf LLC., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes company overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview of the Middle East HSAW pipe market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Currently, most of the gulf countries are facing the scarcity of adequate water supply, and this alarming situation has raised the concern of the government over the expansion of desalination and water reuse sectors in the region. Countries like Saudi, U.A.E, Qatar, Oman and Kuwait are spending huge amounts on its water treatment sector. For instance, Kuwait Ministry of Public works has announced USD 281 Million for wastewater projects. Such investments would definitely boost the demand of HSAW pipes in Middle East during the covered forecast period.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” analyses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With the purpose of examining the current competitive scenario of the spiral welded steel pipes market, this report covers profiling of some of the top players like Saudi Steel Pipe Company, Jindal SAW Gulf LLC., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes company overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview of the Middle East HSAW pipe market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Currently, most of the gulf countries are facing the scarcity of adequate water supply, and this alarming situation has raised the concern of the government over the expansion of desalination and water reuse sectors in the region. Countries like Saudi, U.A.E, Qatar, Oman and Kuwait are spending huge amounts on its water treatment sector. For instance, Kuwait Ministry of Public works has announced USD 281 Million for wastewater projects. Such investments would definitely boost the demand of HSAW pipes in Middle East during the covered forecast period.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” analyses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
With the purpose of examining the current competitive scenario of the spiral welded steel pipes market, this report covers profiling of some of the top players like Saudi Steel Pipe Company, Jindal SAW Gulf LLC., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes company overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview of the Middle East HSAW pipe market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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