Showing posts with label Sales Steel Pipes Market. Show all posts
Showing posts with label Sales Steel Pipes Market. Show all posts

Wednesday, August 23, 2017

Growing Demand for Flat and Long Steel Products to Drive Future Growth: Ken Research

How Uae Steel Pipes And Rebars Market Is Positioned?
The United Arab Emirates (UAE) is one of the major players in the Arab world. It comprises of seven emirates namely Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al-Khaimah, Sharjah and Umm Al-Quwain and are located along the southeast coast of Arab Peninsula.
The country has a population size of over 9.4 million in the year 2017 out of which more than two million people live in the capital city of the country.
In Gulf Council, UAE economy is known to be most diversified with its Dubai emirate which is acknowledged for its business worldwide and trade of petroleum and natural gas.
The country also showcases a wide customer base for steel pipes and rebars market owning to rising construction and infrastructural development in the country.
On the other hand, steel rebars market in the UAE generated revenues worth USD ~ million in 2011, which grew to USD ~ million, thus selling ~ million tonnes worth steel rebars in 2016 which is evident from five year CAGR of ~% from 2011 to 2016. Increase in usage of steel rebars is displayed through rising construction activities, increasing government and private investment spending.
By Type of Steel Pipes
Based on type of steel pipes, UAE steel pipes market was classified into ERW, Seamless; SAW and LSAW pipes. The ERW pipes segment dominated the steel pipes market with volume share of ~% in 2016 owning to high demand of galvanized coated pipes and its various applications; gas pipelines and LPG and other non-toxic gases. Whereas, seamless pipes, SAW pipes and LSAW pipes segment were witnessed to generate ~%, ~% and ~% volume shares respectively in UAE steel pipes market in 2016.
By Diameter of ERW Pipes
Based on diameter of ERW pipes, steel pipes market in UAE was classified into 0.25 inches to 6.0 inches and 6.0 inches to 12.0 inches. ERW pipes with 0.25 inches to 6.0 inches diameter dominated the market by capturing ~% of total sales volume in 2016 owning to increase in construction demand for road barriers, parking barriers, temporary fencings, steel gates and windows, road side railings, structural and fabrication work. Whereas, ERW steel pipes of diameter between 6.0 inches to 12.0 inches followed the market with ~% of total sales volume in 2016.
By Sectoral Demand for Seamless Pipes
Based on sectoral demand for seamless pipes, sectors were classified into oil and gas and construction. Low cost coupled with high yield strength and better stress corrosion resistances are responsible for high demand of seamless pipes in the construction sector. Demand from oil and gas sector was able to capture ~% volume share in UAE steel pipes market in 2016.
By Sectoral Demand for ERW pipes
ERW pipes were mainly in demand from the construction sector. In this sector, these pipes are basically utilized for dock, column; sign pole and tunnel construction. The sector captured ~% volume share in UAE steel pipes market. On the other hand, demand for ERW pipes through oil and gas and other sectors were able to capture ~% and ~% volume shares respectively in UAE steel pipes market in 2016.
By Regional Demand
Major regions in the UAE can be broadly classified into Dubai, Abu Dhabi, Ajman, Sharjah and others. Dubai region dominates the UAE steel pipes market with volume share of ~% in 2016 owning to more than USD ~ billion of active projects in Dubai alone has over ~% of the world's active cranes in operation, thus driving the demand for steel pipes in the country. Abu Dhabi followed with volume share of ~% of the total sales volume whereas; Ajman, Sharjah and other regions such as Al Ain, Ras Al Khaimah; Fujairah and Umm al-Quwain collectively captured the remaining ~% volume share in 2016.
Uae Steel Rebars Market Segmentation
By Trade
Major demand of steel pipes in the UAE can be broadly classified into domestic demand and import of steel rebars. Primarily, the local steel manufacturers have increased their production in order to cater the domestic demand and gradually reduce the market share for the import of steel products such as rebars in the UAE to ~% of total revenues in 2016.
By Sectoral Demand
Major sectors in the UAE can be broadly classified into construction, oil and gas, manufacturing and other sectors. The construction sector dominates UAE steel rebars market with revenue share of ~% in 2016. Oil and gas sector followed with revenue share of ~% of overall sales revenue whereas, manufacturing and other sectors such as infrastructure, housing and industrial sector captured the remaining ~% revenue share in UAE steel rebars market in 2016.
By Regional Demand
Major regions in the UAE can be broadly classified into Abu Dhabi, Dubai and other emirates. Abu Dhabi region dominates the UAE steel rebars market with revenue share of ~% in 2016 owning to rising construction projects in the residential sector. Dubai followed with revenue share of ~% of overall sales revenue whereas; other emirates such as Ajman, Fujairah, Sharjah, Ras al-Khaima and Umm al- Quwain captured the remaining ~% revenue share in 2016.
Competition Scenario in Uae Steel Pipes And Rebars Market
UAE steel pipes and rebars market is highly concentrated with the presence of major players such as Universal Pipes, Conares Pipes, Ajmal, KD Industries, Tiger Steel, ADPICO, Global Steel Industries, Excel Group of Companies, UAE Emirates Steel, Hamriah Steel and Union Iron and Steel Company.
The construction and infrastructure boom in the country in the past decade majorly contributed to the rapid growth of steel pipes and rebars in the industry which led to emergence of several companies in this sector. These companies are facing immense unfair competition from Chinese suppliers.
Major Players Operating in Uae Steel Pipes And Rebars Market
Universal Tube and Plastic Ind. Ltd. was established in Jebel Ali Free Zone in 1990 with a mere production capacity of ~ metric tonnes per annum. The company’s distribution offices are located in the UAE, Qatar, Canada, US, UK, Republic of Ireland, Australia and China.
Conares Co. is a diversified and fully fledged manufacturing facility based in the UAE, the strategic hub between the East and the West. The company delivered a total of ~ metric tonnes of steel to four key infrastructure projects including Jebel Ali Bridge connecting North and South of UAE.
Ajmal Steel Tubes and Pipes Industries LLC is an ISO 9001:2008 and TUV certified organization that manufactures and exports high precision ERW circular, square and rectangular hollow section tubes and pipes in both MS and hot dip galvanized finish. Its production plants are in Abu Dhabi and the company has a production capacity of ~ to ~ metric tonnes per month.
Growth Drivers, Trends And Developments, Issues And Challenges in Uae Steel Pipes And Rebars Market
Demand for flat and long steel products is witnessed to increase owning to fast expanding construction and infrastructure sector in the UAE that has led to increase in production and consumption of both flat and long steel products including steel rebars, coils, strips and sheets and plates.
Lower oil and gas prices has led to lower federal revenues in the UAE which in turn resulted into reduced spending and consequently steel consumption. A decreasing trend in the production value of crude oil and natural gas has been witnessed in the country.
Absence of domestic production for seamless, LSAW and SAW pipes in the country has led to increase in the import dependency from major countries such as China, Turkey, India, New Zealand and Italy.
Future Outlook for Uae Steel Rebars Market
The demand for steel rebars is expected to increase in near future owning to high rate of infrastructure development and construction in the UAE. From a federal perspective, the country plans to spend USD ~ billion (DH ~ billion) on major infrastructure developments across the country, including road networks and federal buildings. Substantial investment by UAE government and the 'Khalifa Initiative' in the emirates of Sharjah, Ajman, Umm al-Quwain, Ra's al-Khaimah and Fujairah, designed to ensure that inhabitants of these emirates should enjoy the same facilities as those living in the larger emirates of Abu Dhabi and Dubai has led to further boost the demand for steel rebars in the country. UAE financial institutes are very positive to support the steel industry which itself is good sign for the entire industry and future developments. It is expected that local producers will be able to offer steel products at international competitive costs coupled with the reliability of local delivery, which is far better and easier compared to imports from outside UAE, thus adding immensely to the growth of UAE steel rebars market. Far reaching urban planning initiatives such as Abu Dhabi’s Emirate-wide Vision 2030 and Dubai Urban Development Master Plan 2020 are instrumental in achieving the UAE's goal.
Companies Cited in the Report
List of Companies                                                   Companies Covered in the Report
Universal Tube and Plastic Ind. Ltd.
Conares
Ajmal Steel Tubes and Pipes Ind. LLC
KD Industries Inc.
Tiger Steel Industries LLC                                         Major Players
ADPICO
Global Steel Industries
Excel Group of Companies
UAE Emirates Steel
Hamriyah Steel
Union Iron and Steel Company
Key Factors Considered in the Report
Comprehensive analysis of UAE steel pipes and rebars market and its segments.
Listed major players and their positioning in the market.
Identified major industry developments in last few years and assessed the future growth of the industry.
Uae Rebars Manufacturers
Uae Steel Pipe Manufacturers
Steel Pipe Suppliers in Uae
Steel Pipe Tube Supplier Uae
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Tuesday, August 22, 2017

Increasing Demand for Flat and Long Steel Products Owning to Growth in UAE Construction Sector is Driving Demand for Steel Pipes and Rebars in the UAE: Ken Research

Steel consumption in the UAE has witnessed a tremendous growth supported by rising construction activities, increasing government and private investment spending, thus collectively generating high demand for steel rebars in the UAE.
The report titled “UAE Steel Pipes and Rebars Market Outlook to 2021 – Growing Demand for Flat and Long Steel Products to Drive Future Growth” by Ken Research suggested a five year positive CAGR in sales volume for steel pipes and revenues for steel rebars in the UAE for the projected period 2017-2021.
Fast expanding construction and infrastructure sector in the UAE has led to increase in production and consumption of both flat and long steel products including steel rebars, coils, strips and sheets and plates. Ongoing projects in the UAE, especially the projects related to infrastructure development to host the World Expo 2020 in Dubai are going to increase in demand for flat and long steel products. Steel Rebar is a key construction commodity, which has sailed through many price corrections. Moreover, UAE is a large market for international steel pipes which was evident from the fact that steel pipes market in UAE including seamless, SAW and LSAW pipes is highly import driven, thus resulting into less presence of manufacturing units in the country. Domestic manufacturing of ERW pipes is the major source of revenue for steel pipes market in the UAE.
In order to ensure that every emirate region has a suitable and adequate housing, Abu Dhabi government provides a wide range of choices in housing and funding such as house and land allocation, housing loans, construction loans and others which further boosts the demand for steel rebars in the country. Revenues in UAE steel rebars market constitutes selling steel rebar units majorly in oil and gas, construction, manufacturing and other sectors.
Major companies such as Universal Tube and Plastic Ind. Co, Conares, Ajmal Steel Tubes and Pipes Industries LLC, KD Industries Inc, Tiger Steel Industries LLC, ADPICO, Global Steel Industries, Excel Group of Companies, UAE Emirates Steel, Hamriah Steel and Union and Iron Steel Company for steel pipes and rebars are maintaining quality standards owning to specific ISO certifications and API quality standards.
Key Topics Covered in the Report:
Steel Pipe Tube Supplier Uae
Universal Tube and Plastic Market Share
Uae Seamless Steel Pipe Industry
Steel Pipe Suppliers in Uae
Uae Rebars Market
Imports Steel Rebars Uae
Uae Rebars Manufacturers
Uae Steel Pipe Manufacturers
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Friday, August 18, 2017

Increased Spending on Exploration and Production of Oil and Gas and Construction Activities is Expected to Drive the Steel Pipes and Rebars Demand in Saudi Arabia: Ken Research

Major steel manufacturing companies are ISO 3183:2012, ISO 11960:2014, ISO 11961:2008 and ISO/CD 11961; ISO 9443:1991, ISO 10353:1980, ISO 10144:1991, ISO 722:1991 and ISO 158351:2009; A53-B, A106-B and API 5L-B; ASTM A955 / A955M – 17 and ASTM A615 / A615M – 16 certified to successfully supply the final product in Saudi Arabia steel pipes and rebars market.
The report titled “Saudi Arabia Steel Pipes and Rebars Market Outlook to 2021 – Growth of Construction Sector and Oil & Gas Projects is Likely to Drive Demand” by Ken Research suggested a five year positive CAGR in sales volume of steel pipes and revenues of steel rebars in Saudi Arabia for the projected period 2017-2021.
The oil companies operating in Saudi Arabia have gained access to a wide variety of crudes with modern horizontal drilling and hydraulic fracturing techniques. Furthermore, the country has an outgrowing demand for seamless pipes and tubes which is driven by growing popularity in demand for high grade Oil Country Tubular Goods (OCTG) constituting a wide range of steel tubular products specifically seamless pipes and tubes in various sizes and lengths that are used in oil and gas exploration and production.
Saudi Arabia has an oil based economy with strong government controls over major economic activities. The country has emphasized their goals of diversification majorly due to decline in oil prices, thus forcing the government to make more drastic changes ahead of their long-run timeline. Major companies such as Arcelor Mittal Ltd, Arabian Pipes Co, National Pipes Co, Global Pipes Co, Saudi Steel Pipe Co and Welspun Corp Ltd for steel pipes; and Atteih Steel, Rajhi Steel, Al-Ittefaq Steel Products Co, Zamil Steel Construction Co Ltd and Riyadh Steel for steel rebars are maintaining quality standards owning to specific ISO certifications and API quality standards. Lastly, the steel consumption is increasing majorly due to rising construction activities, growing investment in railway, infrastructure and road projects. While the construction of infrastructure forms a large part of Saudi Arabia’s development ambitions and major projects involving high usage of steel rebars are underway.
Key Topics Covered in the Report
Lsaw Pipe Market Size
Imports Steel Rebars Saudi Arabia
Steel Tube Pipe Sectoral Demand
Arcelor Mittal Steel Pipe Revenue Ksa
Steel Pipe Suppliers in Saudi Arabia
Saudi Arabia Rebars Manufacturers
Sales Steel Pipes Market
Saudi Arabia Seamless Steel Pipe Industry
Steel Pipe Tube Supplier Ksa
Saudi Arabia Steel Pipe Manufacturers
National Pipe Revenue Mix Ksa
Flat Square Rebars Market Demand
For further reading click on the link below:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204