Market Forecast by Type (pipes and tubes), by Material Type (alloy steel, stainless steel, carbon steel and others), by Manufacturing Process (hot finished and cold finished), by Pressure Type (high pressure, medium pressure and low pressure), by End User (oil & gas industry, construction, automotive, power industry, chemical industry, aviation & aerospace, industrial plant processing and others), by Countries (UAE, Saudi Arabia, Qatar, Bahrain and Rest of Middle East) and Competitive Landscape
Product Code: ETC054905 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Middle East seamless steel pipes and tubes marketย is projected to witness growth in the upcoming years. The natural gas production in Middle-East region is expected to drive the demand for seamless steel pipes and tubes market significantly. Upcoming upstream projects of the oil and gas processing plants and the multiple refining are expected to steer the demand for seamless steel pipes and tubes market. Further, the rise in offshore exploration and production projects is anticipated to create an excellent opportunity for the market players in the years to come, as these projects are paving the way for the seamless steel pipes and tubes market to grow more. Additionally, the construction and infrastructure boom in Middle East majorly contributed to the expeditious growth of the seamless steel pipes and tubes market which has led to the emergence of several companies in this sector. However, the global crude oil price decline due to the Covid-19 pandemic has led to a halt or delay in various oil and gas projects. The total crude oil production in Middle East declined before this pandemic. If this trend continues, the market for seamless steel pipes and tubes market can be restrained for some time.
According to 6Wresearch, Middle East Seamless Steel Pipes and Tubes Market is anticipated to witness growth during 2020-26.ย The seamless steel pipes and tubes market is expected to witness significant demand in Middle East, owing to the number of advantages when compared to other types. United Arab Emirates, Saudi Arabia, Iraq and some other key countries procure seamless steel pipes and tubes in gas lines, as well as pipes that carry liquids. Further, they are also used in high-pressure applications like refineries, hydraulic cylinders, and hydrocarbon industries. Furthermore, multiple refining projects in the United Arab Emirates, Saudi Arabia, and Iraq is expected to witness a rise in this market. Additionally, Saudi Arabia has vast shale reserves, and the increasing exploitation of its unconventional reserve is expected to drive the demand for seamless steel pipes and tubes. With new refining projects, Saudi Arabia is likely to lead the market in the region. The demand for this market is expected to increase in near future owing to the high rate of infrastructure development and construction in the UAE. However, lower oil and gas prices have led to lower federal revenues in the UAE which in turn resulted in reduced spending and consequently the consumption of seamless steel pipe and tubes.
Based on end-users, the oil & gas segment is estimated to hold the highest market share in the overall seamless steel pipes and tubes market out of various industries like infrastructure & construction, power generation, process industry etc.ย Based on the manufacturing process, hot finish seamless pipes are majorly manufactured through processes as the cost of these pipes is lesser than cold finished seamless pipes.
Middle Eastย Seamless Steel Pipes and Tubes Marketย report thoroughly covers the market by types, material type, manufacturing process, pressure type, end-users and countries including the United Arab Emirates, Saudi Arabia, Iraq, Qatar and the rest of Middle East. Middle East seamless steel pipes and tubes market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Middle East Seamless Steel Pipes and Tubes Market Overview |
3.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
3.2. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Material Type, 2015 & 2026F |
3.3. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Type, 2015 & 2026F |
3.4. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Pressure Type, 2015 & 2026F |
3.5. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Manufacturing Process, 2015 & 2026F |
3.6. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By End User, 2015 & 2026F |
3.7. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Propulsion Type, 2015 & 2026F |
3.8. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Number of Wheels, 2015 & 2026F |
3.9. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Seating Capacity, 2015 & 2026F |
3.10. Middle East Seamless Steel Pipes and Tubes Market Revenue Share, By Regions, 2015 & 2026F |
3.11. Middle East Seamless Steel Pipes and Tubes Market Industry Life Cycle |
3.12. Middle East Seamless Steel Pipes and Tubes Market- Porterโs Five Forces |
4. Middle East Seamless Steel Pipes and Tubes Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Middle East Seamless Steel Pipes and Tubes Market Trends |
6. Middle East Seamless Steel Pipes and Tubes Market Overview, By Material Type |
6.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Alloy Steel, 2013-2026F |
6.2. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Stainless Steel, 2013-2026F |
6.3. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Carbon Steel, 2013-2026F |
6.4. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Others, 2013-2026F |
7. Middle East Seamless Steel Pipes and Tubes Market Overview, By Type |
7.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Pipes, 2013-2026F |
7.2. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Tubes, 2013-2026F |
8. Middle East Seamless Steel Pipes and Tubes Market Overview, By Pressure Type |
8.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Low Pressure, 2013-2026F |
8.2. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Medium Pressure, 2013-2026F |
8.3. Middle East Seamless Steel Pipes and Tubes Market Revenues, By High Pressure, 2013-2026F |
9. Middle East Seamless Steel Pipes and Tubes Market Overview, By Manufacturing Process |
9.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Hot Finished, 2013-2026F |
9.2. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Cold FInished, 2013-2026F |
10. Middle East Seamless Steel Pipes and Tubes Market Overview, By End User |
10.1. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Construction, 2013-2026F |
10.2. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Oil and Gas Industry, 2013-2026F |
10.3. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Automotive, 2013-2026F |
10.4. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Power Industry, 2013-2026F |
10.5. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Chemical Industry, 2013-2026F |
10.6. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Aviation and Aerospace, 2013-2026F |
10.7. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Industrial Plant Processing, 2013-2026F |
10.8. Middle East Seamless Steel Pipes and Tubes Market Revenues, By Others, 2013-2026F |
11. UAE Seamless Steel Pipes and Tubes Market Overview |
11.1. UAE Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
11.2. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By Material Type, 2015 & 2026F |
11.3. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By Type, 2015 & 2026F |
11.4. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By Pressure Type, 2015 & 2026F |
11.5. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By Manufacturing Process, 2015 & 2026F |
11.6. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By End User, 2015 & 2026F |
11.7. UAE Seamless Steel Pipes and Tubes Market Revenue Share, By Countries, 2015 & 2026F |
12. Qatar Seamless Steel Pipes and Tubes Market Overview |
12.1. Qatar Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
12.2. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By Material Type, 2015 & 2026F |
12.3. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By Type, 2015 & 2026F |
12.4. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By Pressure Type, 2015 & 2026F |
12.5. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By Manufacturing Process, 2015 & 2026F |
12.6. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By End User, 2015 & 2026F |
12.7. Qatar Seamless Steel Pipes and Tubes Market Revenue Share, By Countries, 2015 & 2026F |
13. Bahrain Seamless Steel Pipes and Tubes Market Overview |
13.1. Bahrain Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
13.2. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By Material Type, 2015 & 2026F |
13.3. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By Type, 2015 & 2026F |
13.4. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By Pressure Type, 2015 & 2026F |
13.5. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By Manufacturing Process, 2015 & 2026F |
13.6. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By End User, 2015 & 2026F |
13.7. Bahrain Seamless Steel Pipes and Tubes Market Revenue Share, By Countries, 2015 & 2026F |
14. Saudi Arabia Seamless Steel Pipes and Tubes Market Overview |
14.1. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
14.2. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By Material Type, 2015 & 2026F |
14.3. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By Type, 2015 & 2026F |
14.4. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By Pressure Type, 2015 & 2026F |
14.5. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By Manufacturing Process, 2015 & 2026F |
14.6. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By End User, 2015 & 2026F |
14.7. Saudi Arabia Seamless Steel Pipes and Tubes Market Revenue Share, By Countries, 2015 & 2026F |
15. Rest of Middle East Seamless Steel Pipes and Tubes Market Overview |
15.1. Rest of Middle East Seamless Steel Pipes and Tubes Market Revenues, 2013-2026F |
16. Middle East Seamless Steel Pipes and Tubes Market Competitive Landscape |
16.1. Middle East Seamless Steel Pipes and Tubes Market, By Companies, 2015 |
16.2. UAE Seamless Steel Pipes and Tubes Market, By Companies, 2015 |
16.3. Qatar Seamless Steel Pipes and Tubes Market, By Companies, 2015 |
16.4. Bahrain Seamless Steel Pipes and Tubes Market, By Companies, 2015 |
16.5. Saudi Arabia Seamless Steel Pipes and Tubes Market, By Companies, 2015 |
17. Company Profiles |
18. Key Strategic Recommendations |