Growing Socio-Economic Projects Is Driving Spiral Welded Pipe Industry in the Kingdom

Spiral welded pipe consumption in Saudi Arabia is projected to grow at a CAGR of 5.2% during 2015-2020, says RNCOS.


Noida, UP -- (SBWIRE) -- 07/28/2015 -- Saudi Arabia is one of the largest cities in terms of population. To meet the demand of the rising population Saudi government is spending on construction and infrastructure projects like residential, hospitals, effective communication and transportation services. This is accelerating the demand for spiral welded pipe in the kingdom.

Further, Saudi Arabia with the limited source of water is expanding its web for water transmission and desalination projects to supply water to heat ridden scarce areas, this is also one of the reason for increasing demand of spiral welded pipe in the kingdom. The demand is also accelerated due to government investment in exploring new fields for oil and gas industry and new projects related to stadium development. According to a new report by RNCOS "Saudi Arabia Spiral Welded Pipe Market Outlook 2020", the demand for spiral welded pipes has risen in the Kingdom propelling an equivalent increase in the production and consumption.

Our report, provide an exhaustive research of the current status and future growth prospects of the Saudi Arabia spiral welded pipe industry. The report covers analysis of spiral welded pipe production and consumption in Saudi Arabia. Report provides in-depth analysis of spiral welded pipe production, consumption and import.

Further, the report provides comprehensive analysis of production capacity by players. Also, the report looks into the raw material, required for spiral welded pipe manufacturing and analyzes spiral welded pipes prices that include prices of locally manufactured, imported and exported spiral welded pipes. Additionally, study information about the current regulatory environment and SWOT analysis has also been covered in this report. In addition, this report covers a details analysis of major Saudi Arabia spiral welded pipe industry players with their business overview along with current and future competitiveness.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.