Saudi Arabia Steel Pipe Manufacturers | Lsaw Pipe Market Size | Ken Research
The
report titled “Saudi Arabia
Steel Pipes and Rebars Market Outlook to 2021 –Growth of Construction Sector
and Oil & Gas Projects is Likely to Drive Demand” provides a comprehensive analysis of steel
pipes and rebars in Saudi Arabia. The report focuses on overall market size for
steel pipes and rebars sold in Saudi Arabia, market segmentation of steel pipes
by type of steel pipes (seamless, ERW, SAW and LSAW), by sectoral demand (oil
and gas, construction and agriculture), by sectoral demand for seamless pipes
(oil and gas and construction), by sectoral demand for LSAW pipes (hydrocarbon
sector and structural and other demand), by type of LSAW pipes (sour pipes and
non-sour pipes), by sectoral demand for ERW pipes (oil and gas and others), by
diameter of LSAW pipes (24.0-30.0 inches, 48.0 inches and others) and by grade
of LSAW pipes (X60 and X65 and B class pipes); market segmentation of steel
rebars by sectoral demand (oil and gas, construction, manufacturing and
others), by regional demand (Riyadh, Dammam, Jeddah and others) and by
finishing type (fabricated rebars, epoxy coated rebars and black rebars). The
report also covers company profile of major players, competition scenario;
import scenario for steel rebars; decision making process, government
regulations; growth drivers and trends and issues and challenges. The report
concludes with SWOT analysis and market projection for future highlighting the
major opportunities and cautions.
Market Size for Steel Pipes and Rebars
in Saudi Arabia
Saudi
Arabia steel pipes market produced ~ million tonnes steel pipes in 2011
exhibiting a five year CAGR of ~% from 2011 to 2016. The market for sales
witnessed a positive trend in the country as the sales volume increased to ~
million tonnes of steel pipes in 2016 used majorly in oil and gas, construction
and agriculture sector. On the other hand, steel rebars market in Saudi Arabia
generated revenues worth USD ~ million 2011, which grew to USD ~ million in
2016 at a five year CAGR of ~% from 2011 to 2016. Increase in usage of steel
rebars is displayed through rising infrastructure investment with the goal to
diversify the economy in Saudi Arabia.
Saudi Arabia Steel Pipes Market
Segmentation
By Type of Steel Pipes
Seamless
pipes dominate the sales volume of steel pipes with volume share of ~% in 2016.
These pipes are perceived to withstand higher pressure, higher temperature,
higher mechanical stress and corrosive atmosphere. The ERW pipes segment
followed with ~% of total sales volume in 2016. Major companies such as Dar Al
Mawad Industrial Co. Ltd. (DAMICO) and Saudi Steel Pipe Company sell ERW pipes
across the nation. The SAW pipes segment gained third position with ~% of total
sales volume and LSAW pipes segment captured minimal share worth ~% of total
sales volume in 2016.
By Type of LSAW Pipes
Based
on type of LSAW pipes, Saudi Arabia steel pipes market was classified into
non-sour and sour pipes. The non-sour pipes segment dominated the steel pipes
market with volume share of ~% in 2016 owning to higher production of sweet and
light crude oil coupled with cheaper production cost. On the other hand, sour
LSAW pipes segment was witnessed to generate ~% volume share in 2016.
By Sectoral Demand
Major
sectors in Saudi Arabia were broadly classified into oil and gas, construction
and agriculture. Primarily, oil and gas sector dominates the Saudi Arabia steel
pipes market with volume share worth ~% in 2016. Other sectors such as
construction and agriculture sector captured volume shares worth ~% and ~%
respectively, in 2016.
By Sectoral Demand for Seamless Pipes
Based
on sectoral demand for seamless pipes, sectors were classified into oil and gas
and construction. Seamless pipes are crucially used in this sector owning to
their strength, resistance to corrosion and longer product life which collectively
make these pipes perfect for oil and gas industry. On the other hand, demand
for seamless pipes from construction sector was able to capture ~% volume share
in 2016.
By Sectoral Demand for ERW pipes
ERW
pipes were mainly in demand from oil and gas sector. ERW pipes are majorly used
for low and medium pressure applications such as transportation of oil and gas.
The sector captured ~% volume share in Saudi Arabia steel pipes market. On the
other hand, demand for ERW pipes through other sectors was able to capture
remaining ~% volume share in 2016.
Saudi Arabia Steel Rebars Market
Segmentation
By Sectoral Demand
Major
sectors in Saudi Arabia can be broadly classified into oil and gas,
construction, manufacturing and others. Primarily, steel rebars work as a
support system for the pipe line system installed in the petrochemical industry
which is used for transmission of gases and liquids from one place to another,
thus capturing ~% of sales revenue in 2016. The construction sector constituted
~% of total revenues whereas manufacturing and other sectors were collectively
able to grab revenue share of ~% in 2016.
By Regional Demand
Riyadh
region dominated the Saudi Arabia steel rebars market with revenue share of ~%
in 2016. Rising construction projects such as King Abdullah City of Atomic and
Renewable energy, Sudair Industrial City and Riyadh Light Rail Network are
responsible for such high share. Dammam followed with revenue share of ~% of
the total sales volume whereas, Jeddah and other regions such as Hadeed and
Al-Jubail captured the remaining ~% revenue share in 2016.
By Finishing Type
Fabricated
rebars dominated the revenues generated through sales of steel rebars with a
share of ~% in 2016. These type of rebars are generally used in the construction
sector owning to slab-on-ground slabs, where the ground has been well
compacted. The epoxy coated segment followed with ~% revenue share. On the
other hand, black rebars captured minimal share worth ~% of total revenues
generated from sales of steel rebars in Saudi Arabia in 2016.
Competition Scenario
Saudi
Arabia steel pipes market is highly concentrated with the presence of major
players such as Arabian Pipes, National Pipes, Global Pipes and others. Arabian
Pipes Co. is leading Saudi Arabia steel pipes market with ~% volume share,
followed by National Pipes with volume share of ~% in 2016. These companies are
facing immense unfair competition from Chinese suppliers.
On
the other hand, Saudi Arabia steel rebars market is highly concentrated with
the presence of major players such as Arcelor Mittal, Atteih Steel, Rajhi
Steel, Saudi Iron and Steel Company, Ittefaq Steel, Zamil Steel, Riyadh Steel
and others.
Future Outlook
Over
the forecast period, Saudi Arabia steel pipes market will prepare itself to
meet the future demand expected from the substantial investment proposed in key
areas such as oil and gas segment, construction sector, manufacturing sector,
infrastructural development and agriculture. Increasing usage of polished steel
pipes is another major factor which is expected to generate sales worth ~
million tonnes by 2021, thus growing at a CAGR of ~% over the forecast period
of five years from 2016 to 2021 in Saudi Arabia. On the other side, demand for
steel rebars is expected to increase in near future owning to high rate of
infrastructural development and construction rate in Saudi Arabia. Steel
manufacturing has been vital to the growth of non-oil-dependent gross domestic
product, further serving the economic diversity. Mining projects and basic developmental
infrastructure worth USD ~ billion (SAR ~ billion) were launched in 2016 in the
eastern region Ras Al-Khair by Saudi Arabia's King Salman Bin Abdulaziz Al Saud
which is further going to boost the demand for steel rebars in near future. The
sales of steel rebars in Saudi Arabia is expected to generate revenue worth USD
~ million by 2021, thus growing at a CAGR of ~% from 2016 to 2021.
Key Topics Covered in the Report
Research
Methodology
Saudi
Arabia Steel Pipes and Rebars Market Overview and Genesis
Value
Chain Analysis of Saudi Arabia Steel Pipes and Rebars Market
Saudi
Arabia Steel Pipes Market
Saudi
Arabia Steel Rebars Market
Decision
Making Process adopted by Customers before purchasing Steel Pipes and Rebars in
Saudi Arabia
Profiling
of Major Steel Pipes and Rebars Customer in Saudi Arabia: Saudi Aramco
Growth
Drivers and Trends in Saudi Arabia Steel Pipes and Rebars Market
Issues
and Challenges in Saudi Arabia Steel Pipes and Rebars Market
Government
Regulations in Saudi Arabia Steel Pipes and Rebars Market
SWOT
Analysis in Saudi Arabia Steel Pipes and Rebars Market
Future
Outlook and Projections for Saudi Arabia Steel Pipes and Rebars Market
Macroeconomic
Factors affecting Saudi Steel Pipes and Rebars Market
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