The report titled “UAE Steel Pipes and Rebars Market Outlook to 2021 – Growing Demand for Flat and Long Steel Products to Drive Future Growth” provides a comprehensive analysis of steel pipes and rebars in the UAE. The report focuses on overall market size for steel pipes and rebars sold in the UAE, market segmentation of steel pipes by type of steel pipes (ERW, seamless, SAW and LSAW), by diameter of ERW pipes (0.25-6.0 inches and 8.0-12.0 inches), by sectoral demand for seamless pipes (construction and oil and gas), by sectoral demand for ERW pipes (construction, oil and gas and others), by regional demand (Dubai, Abu Dhabi, Ajman, Sharjah and others); market segmentation of steel rebars by trade (domestic demand and imports), by sectoral demand (construction, oil and gas, manufacturing and others) and by regional demand (Abu Dhabi, Dubai and other emirates).
The report also covers company profile of major players, competition scenario; import scenario for steel rebars; decision making process, government regulations; growth drivers and trends and issues and challenges. The report concludes with SWOT analysis and market projection for future highlighting the major opportunities and cautions.
Market Size for Steel Pipes and Rebars in UAE
UAE steel pipes market produced ~ million tonnes of steel pipes in 2011 exhibiting a five year CAGR of ~% from 2011 to 2016. The market for sales witnessed a positive trend in the country as the sales volume increased to ~ million tonnes of steel pipes in 2016 majorly used in construction sector, oil and gas sector and others.
On the other hand, steel rebars market in the UAE generated revenues worth USD ~ million 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, thus collectively generating high demand for steel rebars in the UAE.
UAE Steel Pipes Market Segmentation
By Type of Steel Pipes
The ERW pipes segment dominated the steel pipes market with revenue share of ~% in 2016 owning to high demand of galvanized coated pipes and its various applications like fencing, line pipe and scaffolding in water pipelines, agriculture and irrigation (water mains, industrial water pipe lines, plant piping, deep tube wells, casting pipes and sewerage piping); gas pipelines and LPG and other non-toxic gases. Whereas, seamless pipes, SAW pipes and LSAW pipes segment were witnessed to generate ~%, ~% and ~% revenue 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 Whereas, ERW steel pipes with 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
Low cost coupled with high yield strength and better stress corrosion resistances are some of the major factors responsible for high demand of seamless pipes in the construction sector. On the other hand, demand for seamless pipes from oil and gas sector was able to capture ~% revenue share in UAE steel pipes market in 2016.
UAE Steel Rebars Market Segmentation
By Sectoral Demand
The construction sector dominated UAE steel rebars market with revenue share of ~% in 2016. Increasing construction activities and advancement of construction technologies are some of the major factors, driving the demand for steel rebars in the UAE. Oil and gas sector followed with revenue share of ~% of the total sales volume whereas, manufacturing and other sectors captured the remaining ~% revenue share in UAE steel rebars market in 2016.
By Regional Demand
Abu Dhabi region dominated the UAE steel rebars market with revenue share of ~% in 2016 owning to rising construction projects in the residential sector. Initiatives taken by the government to protect the local steel manufacturing sector led to increase in number of mega projects and infrastructures in Abu Dhabi. Dubai followed with revenue share of ~% of the total sales volume 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.
Future Outlook to UAE Steel Pipes and Rebars Market
Over the forecast period, UAE steel pipes market will prepare itself to meet the future demand expected from substantial investment proposed in key areas such as construction, oil and gas, agriculture, manufacturing and others. With increase in residential and commercial complexes in the UAE, the complexes have to comply with the latest government regulations on fire safety and security through water treatment equipment, which is expected increase the demand for ERW pipes in the country. Infrastructure sector is also expected to generate massive demand for the industry owning to increasing projects such as construction of dams, power projects, railways, bridges and others which involve a huge quantity of pipes. Apart from the announcement of major landmark projects; the improved efficiency of supply chain ecosystem in the industry, the capacity and technologies in place to cater to the requirement, and facilitating the adoption of latest innovations in production have also played a key role to signal a boom in the steel industry. Steel pipes market in the UAE is expected to sell ~ thousand tonnes worth steel pipes by 2021, thus growing at a CAGR of ~% for the projected period of four years from 2017 to 2021.
Key Topics Covered in the Report:
UAE Steel Pipes and Rebars Market Overview and Genesis
Value Chain Analysis of UAE Steel Pipes and Rebars Market
UAE Steel Pipes Market
UAE Steel Rebars Market
Decision Making Process adopted by Customers before purchasing Steel Pipes and Rebars in UAE
Growth Drivers and Trends in UAE Steel Pipes and Rebars Market
Issues and Challenges in UAE Steel Pipes and Rebars Market
Government Regulations in UAE Steel Pipes and Rebars Market
SWOT Analysis in UAE Steel Pipes and Rebars Market
Future Outlook and Projections for UAE Steel Pipes and Rebars Market
Macroeconomic Factors affecting UAE Steel Pipes and Rebars Market
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