Middle East Spiral Welded Pipes Market Outlook 2021 – Declining Oil Prices a Major Challenge – Research and Markets

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Research and Markets has announced the addition of the “Middle East Spiral Welded Pipes Market Outlook 2021” report to their offering.

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 of 7.3 %.

Citing the fact that there is a larger room for the utilization of existing desalination capacity in future and less requirement for the expansion of desalination plants, the market (By volume) of HSAW pipes in U.A.E. is anticipated to grow at a modest CAGR of 5.5% during the covered forecast period.

The HSAW pipes production in Iran declined drastically in the past few years owing to international sanctions. However, after the removal of sanction in 2016-2017, Iran is anticipated to get a boom in the HSAW pipes market.

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in front of the HSAW pipes market of the Middle East is the declining oil prices in the international market, which has withdrawn most of the major industry players from investing in the exploration and production activities in the oil & gas sector. This has further led to the postponement and cancellation of major ongoing and upcoming pipeline projects in the region.

Companies Mentioned:

• Al Jazeera Steel Products Co.
• Arabian Pipes Co.
• ArcelorMittal
• Attieh Steel Ltd.
• EEW Group
• EVRAZ
• Gerab National Enterprises LLC
• JFE Steel Corporation
• Jindal SAW Ltd.
• National Pipe Co. Ltd.
• PSL Limited
• Saudi Steel Pipe Company
• TMK- Group
• Vallourec S.A.
• Welspun Corp

Key Topics Covered:

1. List of Figures

2. List of Tables

3. Executive Summary

4. Research Methodology

5. Global Spiral Welded Pipes Market an Overview

6. Middle East Spiral Welded Pipe Market an Overview

7. Market Segmentation

8. Porter’s Five Force Model Analysis

9. Industry Growth Drivers

10. Restraints

11. Risk Analysis

12. A Glance at the Upcoming and Ongoing Pipeline Projects in the Middle East

13. Government Standards and Specifications

14. Market Attractiveness

15. Basic Point Scale analysis (BPS)

16. Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/4ks3kk/middle_east

View source version on businesswire.com: http://www.businesswire.com/news/home/20160627006087/en/

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