Oil & Gas Pipeline Transportation Stimulates Demand for Spiral Welded Pipes and Tubes, According to New Report by Global Industry Analysts, Inc.
San Jose, CA (PRWEB) August 05, 2013 -- Follow us on LinkedIn – The spiral welded pipes market is expected to witness steady growth in the coming years driven by the implementation of new pipeline projects, particularly in the oil and gas industry. Growing demand for energy is expected to spur investments in pipelines to transport oil and gas from wells to refineries and customers. Demand for large pipes is closely linked to investments in the energy sector, which is in turn influenced by the prevailing prices of crude oil. In addition to transportation of oil and gas, HSAW (Helical Submerged Arc Welded) pipes are used in a wide range of applications including distribution of water, sewage and in structural applications. A major area of opportunity for spiral welded pipes lies in the replacement market as most of the existing pipeline infrastructure, particularly in developed regions, has reached their end of useful life.
As stated by the new market research report on
spiral welded pipes and tubes, Asia-Pacific represents the largest market worldwide. Growth in the region is led by strong GDP gains in developing Asian countries, and increased focus on development of pipeline infrastructure for domestic gas distribution, water supply and irrigation. Given the escalating demand for energy in emerging nations and increase in the number of crude oil and gas development projects, demand for tubular products is set to rise. Growth for tubular products in developed regions of North America is expected largely from the sustained focus on developing shale gas reserves for ensuring energy security.
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, Volzhsky Pipe Plant, and Welspun Corp Ltd.
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.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Spiral_Welded_Pipes_and_Tubes_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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