Spiral Welded Pipe Market – Middle East Industry SWOT Analysis, Key Business Strategies by Leading I

The Middle East spiral welded pipe market was valued at US$ 6,355 Million in 2019 and is projected to reach US$ 9,341 Million by 2027 expanding at a CAGR of 5.1 % during the forecast period, 2020-2027 The market is driven by factors such as increasing applications of spiral welded pipe in various residential and commercial purposes, mode of transportation for transferring fuels, petroleum, chemicals, natural gas, refined products, and several other substances from one place to another, rising adoption of pipeline as a major mode of transportation for fossil fuel, petroleum, water, and refined products are used in day to day life.

Market Introduction

Spiral welded pipe are used for various applications and selected based on the requirement and use. These pipes are used for applications such as crude oil transmission, natural gas transmission, water transmission, and refined products transmission. Spiral Welded Pipe used for transmission purposes are thick, tough, and ductile and are coated with various coating chemicals for protection against corrosion and rust. Spiral Welded Pipe find major applications in industries such as oil & gas, wastewater treatment plants, and chemicals.

Growing number of desalination plants in the Middle East countries. Increasing number of desalination processes in the region is expected to boost the market growth in the future. Desalination plants in the Middle East are as follows. However, risk associated to leakage of pipelines, the risk of leakage increases if these pipelines are not installed properly, fitted, and maintained regularly. Maintenance of pipelines at regular interval of time, these pipelines are inter-linked to deliver and transfer the products at particular place.

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Market Dynamics

On the basis of types, the ME spiral Welded Pipe market is divided into ERW pipes, LSAW pipes, and SSAW pipes. The ERW segment is expected to hold largest share of the market

In terms of applications, the ME spiral welded pipe market is segmented by crude oil transmission, natural gas transmission, refined products transmission, and water transmission. The water transmission segment is expected to hold major share of the market.

Regional Outlook

Based on countries, the ME spiral welded pipe market is fragmented into Saudi Arabia, Egypt, the UAE, and Rest of Middle East. Saudi Arabia is expected to hold major share of the market during the forecast period. The Middle East is a repository of the largest reserves of oil in the world. A large number of countries in the region produce large quantities of oil for export. The Saudi Arabian and Iraqi are the two major pipeline systems in the Middle East. In the countries Saudi Arabia and UAE are expected grow during the forecast period owing to increasing number of oil pipelines and export activities in the region.

Competitive Landscape

• Key players in the market include ArcelorMittal, JFE Holdings, Inc., VALLOUREC, Welspun Corp Ltd., PAO TMK, Jindal SAW Ltd., SeAH Steel, Al Jazeera Steel Products Co. SAOG, Tenaris, APC, National Pipe Company Limited, EEW GROUP.
• These companies are considered as key manufacturers of spiral welded pipe based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
• The players are adopting various marketing strategies such as acquisition, and geographical expansion where potential opportunity for the spiral welded pipe market.
• Active involvement of major players in R&D, increasing usage of spiral welded pipe as transmission pipelines are the key trends in the market

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