Jun 29, 2023   SOURCE: BusinessWire

Global Helical Submerged Arc Welded (HSAW) Pipes Industry Report 2023: Fixing Current Infrastructure Gaps Can Help Africa Replace Russia in Gas Supplies to Europe - ResearchAndMarkets.com

The "Helical Submerged Arc Welded (HSAW) Pipes: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Helical Submerged Arc Welded (HSAW) Pipes Market to Reach $7.3 Billion by 2030

The global market for Helical Submerged Arc Welded (HSAW) Pipes estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030.

18-24 Inches, one of the segments analyzed in the report, is projected to record a 2.8% CAGR and reach US$1.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 24-48 Inches segment is readjusted to a revised 3.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $860.6 Million, While China is Forecast to Grow at 3.8% CAGR

The Helical Submerged Arc Welded (HSAW) Pipes market in the U.S. is estimated at US$860.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 3.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.

Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

MARKET OVERVIEW

  • Year 2021 in Review and Near Term Outlook
  • A Review of COVID-19 Impact on Major End-Use Markets for HSAW Pipes
  • Oil & Gas Sector Witnesses Recovery
  • Global Brent Crude Oil Price Trends in US$/barrel: 2017-2022
  • World Average Rig Count : 2015 - 2021
  • World Average Rig Count by Region (Jan 2022 -March 2022)
  • Oil & Gas Industry Increases Focus on Energy Transitions
  • OCTG Pipes Demand in Sync with Oil and Gas Industry Fortunes
  • Increase in Economic Activity & Mobility Benefit Liquid Fuels
  • Oil and Gas CAPEX to Improve
  • Global E&P CAPEX: 2015-2022
  • Recovery in Construction Sector to Boost Growth
  • Global Construction Reset & Trajectory: Growth Outlook (In %) For Years 2019 Through 2025
  • Infrastructure Spending to Bring COVID-19 Hit Economies Back on Track
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Russia Ukraine Conflict, China Lockdowns Again Threaten to Disrupt Global Supply Chains
  • An Introduction to Welded Pipes & Tubes
  • Submerged Arc Welded (SAW) Pipes
  • Spiral SAW Welded Pipes
  • Manufacturing Stages of HSAW Pipes
  • Types of Spiral Pipe Production Processes
  • Helical SAW Pipes Vs Longitudinal Weld Pipes
  • Global Helical Submerged Arc Welded (HSAW) Pipes Market: A Prelude
  • Near-to Mid-Term Prospects Remain Favorable
  • Developing Economies to Spearhead Future Growth
  • Recent Market Activity
  • Market Demand Strongly Influenced by CAPEX on Pipeline Infrastructure
  • Helical Submerged Arc Welded (HSAW) Pipes - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

  • Spike in HR Coil Prices Impact SAW Pipes Consumption
  • Global Prices of Hot-Rolled Coil (HRC) Steel (In US$ Per Metric Ton) for Years 2019 through 2022
  • Global Pipeline Scenario
  • Changing Fortunes of Oil and Gas Companies
  • Natural Gas Dominates Pipeline Buildout
  • Regional Review: North America and Asia-Pacific Dominate Pipeline Building
  • Pipeline Transportation Gets a Boost from Innovative and Advanced Pipeline Solutions Designed for Improving Operating Efficiencies
  • Global Pipeline Transportation Solutions and Services (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Changing Energy Mix Influences Trends in Pipes Market
  • Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
  • Global Primary Energy Consumption by Source (in %) for 2018 and 2040
  • Investments into Oil & Gas Pipeline Infrastructure Worldwide: Vital for the Growth of HSAW Pipes Market
  • Global Capital Spending (in $ Billion) on Planned & Announced Oil & Gas Projects by Segment (2018-2025)
  • Urgency to Shake Off Dependence on Russia Oil & Gas Resurrects Pipeline Projects in Europe & Rest of World, a Move that Bodes Well for Large Diameter Steel Pipes
  • New Oil & Gas Supply Projects & Strategies Augur Well for Steel Pipes
  • Fixing Current Infrastructure Gaps Can Help Africa Replace Russia in Gas Supplies to Europe
  • Production Expansions on Cards for Natural Gas & Oil to Benefit CAPEX Investments in Pipeline Infrastructure & Open Parallel Opportunities for Large Diameter Steel Pipes
  • Global Natural Gas Production (In Billion Cubic Metre (BCM)) for Years 2018 Through 2022
  • Replacement of Aging Gas Pipelines Offers Strong Growth Potential
  • Growth in Inter-Regional Supply of Oil and Gas to Boost Demand for Large OD Pipes
  • Number of Crude Oil Pipeline Worldwide by Project Status: 2020
  • Number of Natural Gas Pipeline Worldwide by Project Status: 2020
  • Infrastructure Investments to Drive Growth in Piling Applications
  • Global Infrastructure Spending in US$ Billion (2014-2022)
  • Water Infrastructure Replacement and Upgrades Open Growth Opportunities
  • The US faces the Major Issue of Aging Water Infrastructure in Urgent Need of Overhaul
  • Growing Problem of Water Scarcity to Boost Investment in Upgrading Water Infrastructure across the World
  • Encouraging Signs of Recovery of the Chemical Industry to Spur Growth in the Market
  • Trenchless Technologies Augur Well Spiral Welded Pipes
  • Automation Gains Momentum in Spiral Pipe Welding Operations
  • Corrosion Protection: An Important Area of Focus
  • Alternate Means of Oil & Gas Transportation: Threat to Pipeline Transport

FOCUS ON SELECT PLAYERS (Total 84 Featured)

  • American Cast Iron Pipe Company
  • ArcelorMittal SA
  • Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
  • Europipe GmbH
  • EVRAZ North America
  • JFE Steel Corporation
  • Jindal SAW Ltd.
  • Jindal Tubular USA LLC
  • Man Industries Ltd.
  • Nippon Steel & Sumitomo Metal Corporation
  • Noksel Celik Boru Sanayi A.S
  • Northwest Pipe Company
  • PSL Limited
  • Shengli Oil & Gas Pipe Holdings Limited
  • Stupp Corporation
  • Welspun Corp Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/d0ekbf

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