Spiral welded pipe consumption in Saudi Arabia is projected to grow at a CAGR of 4.5% during 2015-2020, says RNCOS in its latest research report.
Noida, UP -- (SBWIRE) -- 06/04/2015 -- Saudi Arabia spiral welded pipe industry is growing immensely due to the growing spiral welded pipe demand in various sectors such as water, oil & gas, construction & Infrastructure etc. Demand for water in Saudi Arabia is increasing by more than 8.8% annually. This has led the Saudi government to increase investment in the water desalination industry. In 2015, Saudi Saline Water Conversion Corporation is inviting tenders to increase country's desalination capacity by almost 50% to reach at 6.5 Million Cubic Meter.
Further, the Saudi Arabia spiral welded pipe market will flourish due to the development in oil & gas projects, growing investment construction & infrastructure etc. Moreover, in future, the spiral welded pipe production is anticipated to grow at a CAGR of around 4.5% during 2015-2020.
Research Analysis & Highlights
The report "Saudi Arabia Spiral Welded Pipe Market Outlook 2020", by RNCOS spread over 50 pages, provides an in-depth research and rational analysis of the current status and future growth prospects Saudi Arabia spiral welded pipe industry. The report covers in-depth analysis of spiral welded pipe production, consumption, import and export.
Our research report provide current scenario and forecast for each of the segments till 2020. Additionally, information about the current regulatory environment, current and future competitiveness and SWOT analysis has also been covered in this report.
Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. We have included the key players' such as Saudi Steel Pipe, Arabian Pipes Company, National Pipe Company Limited and many others, and included their business overview and production capacity. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.
Some of the key findings of the report are:
- Increasing government spending accompanied with budget allocation for new water projects
- Growth of oil and gas sector will boost demand for spiral welded pipes
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM759.htm
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