The Global Market for Spiral Welded Pipes and Tubes is Projected to Exceed 16 Million Tons by 2022

Rebound in Investments in Infrastructure Sector and Oil & Gas Distribution Pipelines to Drive Momentum in Spiral Welded Pipes and Tubes Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Spiral Welded Pipes and Tubes market. The global market for Spiral Welded Pipes and Tubes is projected to exceed 16 million tons by 2022, led by the resurgence in infrastructure construction and investments in oil and gas transportation pipelines in emerging markets.

Spiral Weld Pipes or Helical Submerged Arc Welded (HSAW), is a steel pipe which has a seam running its entire length in a spiral form. Earlier, use of HSAW pipes was limited to low pressure applications. However, improvement in manufacturing technology and steel grades over the years has extended its use to high pressure applications. HSAW pipes are today primarily used for transportation of oil and natural gas and in structural piling applications. Globally HSAW pipes are being favored over traditional longitudinal welded pipes (LSAW) pipes, primarily attributed to advantages such as lower cost of production and greater versatility. Spiral weld pipes are also employed in structural and piling applications.
Some of the factors influencing market growth include cyclical business factors, sluggish global economy and industry-specific structural problems such as overcapacity. Spiral welded large diameter steel piles are employed in various piling applications such as bridges and irrigation canals. The growth in infrastructure investments is expected to benefit demand for HSAW pipes. Spiral welded pipes are also expected to witness strong replacement demand with most of the existing pipeline infrastructure, particularly in developed regions, having reached the end of their useful life. Further, rising preference for trenchless technology in rehabilitation and construction of pipelines is expected to boost demand for large diameter spiral steel pipes.
As stated by the new market research report on Spiral Welded Pipes and Tubes, Asia-Pacific represents the largest and the fastest growing market worldwide led by growing investments in new pipeline infrastructure required to support the growing domestic energy water and gas requirements. Sanitation and sewerage systems are also expected to receive a boost given the rapid urbanization, denser habitations and move towards smarter cities.

Major players covered in the report include American SpiralWeld Pipe Company LLC, ArcelorMittal SA, Borusan Mannesmann Boru Sanayi ve Ticaret A.S., Europipe GmbH, EVRAZ North America, JFE Steel Corporation, Jindal SAW Ltd., Kuwait Pipe Industries and Oil Services Company, National Pipe Company Ltd., Nippon Steel & Sumitomo Metal Corporation, Noksel Çelik Boru Sanayi A.Ş, PSL Limited, Stupp Corporation, United Spiral Pipe LLC, and Welspun Corp Ltd., among others

The research report titled “Spiral Welded Pipes and Tubes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a review of market trends, company profiles, and major strategic industry activities. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Middle East & Africa, and Latin America.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

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