Increasing Spending on Infrastructure Drive the Spiral Welded Pipe Market

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) -- 06/10/2015 -- Saudi Arabia which is one of the most populous countries in the Gulf region, enlists itself as one of the fastest-growing economies as well. Not only its increasing number of population but also the growing number of expats which accounts for almost 30% of the total population in the kingdom thrives demand for housing, residential projects, hospitals, effective communication and transportation services. To meet these demands, Saudi Arabia government has increased its budget for construction of socio-economic projects.

The Government also developing new economic cities referred as smart cities. The growing infrastructural investment along with a rising financial graph of the Kingdom has been a major factor driving the spiral welded pipe market. Consequently, the future of spiral welded pipes holds a fair potential attracting wide attention towards these pipes in the approaching years.

The research report "Saudi Arabia Spiral Welded Pipe Market Outlook 2020", emphasis on current scenario and forecast of production and consumption for spiral welded pipe till 2020.

We have analyzed the prices of spiral welded pipe industry, which are locally manufactured, imported and exported in the kingdom.

Report discusses in-depth analysis of the current trend and import & export scenario. Additionally, information about the current regulatory environment, SWOT analysis, current and future competitiveness 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. We have included the key players' like Saudi Steel Pipe, Arabian Pipes Company, National Pipe Company Limited etc., and included the analysis of their production capacity as well. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.

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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.