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Saudi Arabia Spiral Welded Pipe Market Outlook 2020
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Publish Date : May, 2015| No. of Pages : 45
In Saudi Arabia, a huge execution of projects is ongoing in the Kingdom’s social and economic infrastructure. The government has allocated huge amounts for upcoming projects in all industries like water, transportation, and manufacturing. The demand for water, which increasing more than 8% annually in the Kingdom, is among the highest in the world. Thus, Saudi government is making significant investments in the water desalination industry that has led to a significant rise in demand for spiral welded pipes in the kingdom.
The spiral welded pipe industry is witnessing tremendous growth in production, as various players expand their production capacities to meet the soaring spiral pipe demand. The demand of spiral welded pipes is expected to grow at a CAGR of more than 4% during 2015-2020.
In the report, “Saudi Arabia Spiral Welded Pipe Market Outlook 2020”, provides an in-depth analysis of the spiral welded pipe industry in the Kingdom. It has identified and analyzes the main factors leading to increase in the demand for spiral welded pipes like increasing government spending in water projects, increasing investments in new field exploration for oil and gas, and increasing construction & infrastructure projects resulting in the significant consumption of spiral welded pipes in the coming years.
During the research, RNCOS has been providing the details of spiral welded pipe production and consumption in Saudi Arabia. To provide a clear picture of the industry, we have provided details covering a price analysis, the current and future competitiveness, a SWOT analysis and the regulatory environment. Further, the import and export of spiral welded pipes have been extensively discussed in the report.
Also, to provide a balanced outlook of the country’s spiral welded pipe industry to our clients, the report includes profiles of the major industry players covering their business overview along with their production capacity. In a nutshell, the research provides all the prerequisites for intending clients looking out to venture into this industry, and facilitates them to devise strategies.