LONDON, Dec. 4, 2017 /PRNewswire/ --
Executive Summary
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.
Download the full report:
https://www.reportbuyer.com/product/5228525
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
• Executive Summary
• 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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