Primarily driven by some of the major upcoming infrastructure projects in the region, the HSAW/ spiral welded pipes market of the Middle East is anticipated to thrive at a healthy growth rate during 2015-2021.
At 40% of market share, Saudi Arabia is projected to grow at a CAGR of 7.3% by volume during 2015-2021, dominating the HSAW pipes market in the Middle East region followed by U.A.E, according to our research report “Middle East Spiral Welded Pipes Market Outlook 2021”.
The spiral welded pipe market of Saudi Arabia is majorly driven by the increased investments from the government in the expansion of energy and infrastructural sectors in the country.
Middle East is a host to some of the major upcoming infrastructure projects like the Kingdom Tower (world’s tallest tower) in Saudi Arabia, FIFA world cup 2022 in Qatar and Sohar Port City in Oman. With such major infrastructural developments along-with other medium scale projects, the demand of HSAW pipes would surely get propelled in the coming 5-6 years.
The report titled “Middle East Spiral Welded Pipes Market Outlook 2021” delivers detailed overview of the Spiral welded pipes market of Middle East in terms of market forecast by country and segmentation by end user industries.
Further, for the in-depth analysis, the report encompasses the growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the major players of spiral welded pipe industry which includes profiling of Saudi Steel Pipe Company, Jindal SAW Ltd., Gerab National Enterprises, Attieh Steel Ltd., Arabian Pipes Company, National Pipe Company Ltd. etc. The profiling enfolds key information of the companies which includes business overview, products and services, key financials and recent news and developments. On the whole, the report encompasses detailed overview on the Middle East spiral welded pipe market that will help industry consultants, equipment manufacturers, existing players looking 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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