Saudi Arabia Steel Pipes & Tubes Market Size & Outlook
Saudi Arabia steel pipes & tubes market, 2018-2030 (US$M)
Related Markets
Saudi Arabia steel pipes & tubes market highlights
- The Saudi Arabia steel pipes & tubes market generated a revenue of USD 859.4 million in 2022 and is expected to reach USD 965.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 1.5% from 2023 to 2030.
- In terms of segment, oil & gas was the largest revenue generating application in 2022.
- Power plant is the most lucrative application segment registering the fastest growth during the forecast period.
Steel pipes & tubes market data book summary
| Market revenue in 2022 | USD 859.4 million |
| Market revenue in 2030 | USD 965.4 million |
| Growth rate | 1.5% (CAGR from 2022 to 2030) |
| Largest segment | Oil & gas |
| Fastest growing segment | Power plant |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Oil & gas, Chemicals and petrochemicals, Automotive & transportion, Mechanical engineering, Power plant |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Nippon Steel Corp, Steel Authority Of India Ltd DR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.5% of the global steel pipes & tubes market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE steel pipes & tubes market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,342.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Steel Pipes & Tubes Market Scope
Steel Pipes & Tubes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia steel pipes & tubes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel pipes & tubes market will help companies and investors design strategic landscapes.
Oil & gas was the largest segment with a revenue share of 56.03% in 2023. Horizon Databook has segmented the Saudi Arabia steel pipes & tubes market based on construction, oil & gas, chemicals and petrochemicals, automotive & transportion, mechanical engineering, power plant covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Steel Pipes & Tubes Application Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Infrastrcture
- Industrial
- Automotive
- Industrial Manufacturing
- Power & Energy
- Others
- Residential
- Non-residential
- Oil & gas
- Chemicals and petrochemicals
- Automotive & transportion
- Mechanical engineering
- Power plant
- Saudi Arabia Steel Pipes & Tubes Technology Outlook (Revenue, USD Million, 2018-2030)
- Seamless
- ERW
- SAW
Reasons to subscribe to Saudi Arabia steel pipes & tubes market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Saudi Arabia steel pipes & tubes market databook
-
Our clientele includes a mix of steel pipes & tubes market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia steel pipes & tubes market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia steel pipes & tubes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia steel pipes & tubes market size, by application, 2018-2030 (US$M)
Saudi Arabia Steel Pipes & Tubes Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
