Research and Markets: Middle East Spiral Welded Pipes Market Outlook 2016-2021 – Rise in Oil and Gas Sector Projects
January 14, 2016 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/5fxmg5/middle_east) has announced the addition of the “Middle East Spiral Welded Pipes Market Outlook 2021” report to their offering.
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 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%.
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.
Further, Qatar would also emerge as one of the major attractive markets of HSAW pipes in Middle East attributing to some of the major upcoming infrastructural projects 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in front of the HSAW pipes market of the Middle East is the declining oil prices in the international market, which has withdrawn most of the major industry players from investing in the exploration and production activities in the oil & gas sector.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.
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.
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
– 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
For more information visit http://www.researchandmarkets.com/research/5fxmg5/middle_east
View source version on businesswire.com: http://www.businesswire.com/news/home/20160114006165/en/
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