Resurgence in Infrastructure Spending & CAPEX Investments in Oil & Gas Exploration, Production & Transportation to Drive Demand for Helical Submerged Arc Welded Pipes

Recovering CAPEX on midstream infrastructure development for efficient and reliable distribution and delivery of oil, gas and other petroleum products to end-users is poised to drive the global market for Helical Submerged Arc Welded (HSAW) Pipes to exceed 10.6 million tons by 2024.

Helical Submerged Arc Welded (HSAW) Pipes or Spiral Weld pipes refer to steel pipes with a seam that runs along the entire length of the pipe in a spiral form. HSAW pipes are more versatile than LSAW pipes and find use in transmission of water, sewage, and oil and gas products, and in piling and structural applications. A major factor driving the demand for HSAW pipes is the escalating demand for energy primarily from emerging nations and the subsequent increase in the number of crude oil and gas development projects.  In addition to the improved investments in midstream infrastructure development in the  oil and gas industry and surging energy consumption worldwide, replacement demand for most of the antiquated pipeline infrastructure, particularly in developed regions offers positive growth prospects for spiral welded pipes.

At present, natural gas pipelines constitute the rapidly growing pipeline category within the global oil & gas sector. With large-scale ongoing natural gas exploration, processing and distribution activities across several parts of the world, several new pipeline infrastructure development projects are being launched, thereby benefiting the demand for HSAW line pipes. Intra-field connections and large trunk lines connecting offshore sites to the coast are expected to dominate pipeline capex in the coming years. Rising preference for trenchless technology in rehabilitation and construction of pipelines is also expected to boost the demand for large diameter spiral steel pipes, regarded as ideal for trenchless installations.

As stated by the new market research report on Helical Submerged Arc Welded (HSAW) Pipes, Asia-Pacific represents the largest and the fastest growing market worldwide. Growth in the region is led by escalating demand for water and energy and the subsequent rise in the number of pipeline infrastructure projects for transportation of  water natural gas and crude oil over long distances.

Major players in the market 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 “Helical Submerged Arc Welded (HSAW) Pipes – Market Analysis, Trends, and Forecasts” 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.

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