The global helical submerged arc welded (HSAW) pipes market is anticipated at US$ 5.4 billion in 2022. The sector is gaining pace as companies provide pipes that meet the quality standards for specific applications in various end-use industries and garnering US$ 5.7 billion in 2023, recording a CAGR of 3.3% from 2023 to 2033. The market is likely to secure US$ 7.8 billion in 2033.
| Data Points | Kay Statistics |
|---|---|
| Helical Submerged Arc Welded (HSAW) pipes Market Size Value in 2023 | US$ 5.7 billion |
| Helical Submerged Arc Welded (HSAW) pipes Market Forecast Value in 2033 | US$ 7.8 billion |
| Global Growth Rate | 3.3% |
| Forecast Period | 2023 to 2033 |
Key Factors Shaping the Demand Outlook of the Cycling Power Meter Industry:
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| Historical CAGR (2018 to 2022) | 5.9% |
|---|---|
| Forecasted CAGR (2023 to 2033) | 3.3% |
From 2018 to 2022 the helical submerged arc welded (HSAW) pipes market expanded at a CAGR of 5.9% The growth of the market is attributed to an increased application in end-use industries.
One of the most important factors driving the helical submerged arc welded pipes market expansion is an increase in the oil & gas industry. HSAW pipe is part of the Large Diameter Pipes (LDPs) category, which is a key route of transport for natural gas, oil, and other fluids from isolated locations of production and refining to consuming centers across national and international boundaries.
The manufacturer has started manufacturing pipes in accordance with the requirements of the application areas and quality standards of the project with wall thickness, diameter, and coating options. These factors will aid the growth of the helical submerged arc welded (HSAW) pipes industry during the forecast period.
The market is anticipated to grow at a stationary CAGR over the forecast period. Increasing demand for energy & infrastructure development in emerging nations. Increasing applications in the construction and chemical industry have created opportunities for market growth. The helical submerged arc welded (HSAW) pipes market is projected to show a noteworthy growth by the end of the forecast period of 2033.
Increasing Focus On Sustainability to Drive the Demand for Helical Submerged Arc Welded (HSAW) Pipes
Environmental concerns and the need to reduce carbon emissions are driving a shift towards more sustainable practices in the helical SAW pipes industry. Companies are investing in renewable energy sources, improving their energy efficiency, and developing new products with lower environmental impact. For example, some companies are using recycled steel to produce their pipes, while others are exploring the use of new materials such as composite materials.
Increasing industrialization led to an increase in a number of various industries such as chemical and pharmaceutical. Growing advances in these companies led to a boost in demand for helical submerged arc welded (HSAW) pipes.
Growing Construction Industry to Drive the Market Growth
The growing urbanization and industrialization have also led to the construction of new buildings and infrastructure furling the demand for helical submerged arc welded (HSAW) pipes. The helical submerged arc welded (HSAW) pipes can handle high pressure and a large volume of fluid or gas.
The helical submerged arc welded (HSAW) pipes market in the construction industry is expected to continue growing in coming years driven by the increasing demand for energy & infrastructure as well as the development of new applications for these pipes.
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High Investment Cost to Hamper the Growth of the Market
The high initial investment and fluctuating prices of raw materials may hamper the growth of the market during the forecast period. Helical submerged arc welded (HSAW) pipes market faces competition from other pipe materials such as PVC and concrete. Steel pipes are preferred in applications where high strength and durability are required.
Presence of Well Establishes Market Players to Boost the Growth of the Cycling Power Meter Market in the United States
The global helical submerged arc welded (HSAW) pipes market is expected to be dominated by North America. The market is anticipated to expand at a CAGR of 3.2% and is expected to accumulate a market value of US$ 0.4 billion over the forecast period.
The United States and Canada are lucrative markets for helical submerged arc welded (HSAW) pipes in North America. The market in the region is growing steadily owing to the increasing demand from the oil & gas industry and infrastructure development projects like wastewater treatment and water pipelines.
The United States market remains positive due to the presence of a well-developed oil & gas industry, which accounts for a significant share of the demand for helical submerged arc welded (HSAW) pipes.
The United States continues to be one of the lucrative markets for helical submerged arc welded (HSAW) pipes throughout the forecast period owing to the presence of several established players in the region. For instance, EVRAZ North America is a major producer of helical SAW pipes in North America, with a production capacity of over 500,000 tons per year. The company serves a variety of industries, including oil and gas, construction, and agriculture, and has a strong focus on sustainability and environmental responsibility.
Increasing Application in Various Industries to Boost the Growth of the Market in the United Kingdom
The helical submerged arc welded (HSAW) pipes sales in the United Kingdom will keep rising at a steady pace with a CAGR of 2.9% and are expected to gain a market value of US$ 0.1 billion by the end of the forecast period.
The increasing demand for energy & infrastructure development is likely to drive market growth in the region. The government in the United Kingdom is highly investing in countries infrastructure, particularly in the energy sector which has boosted the demand for HSAW pipes.
Increasing application of helical submerged arc welded (HSAW) pipes in oil & gas pipelines, water pipelines, and other infrastructural projects drive the market growth in the United Kingdom.
Presence of A Large Number of Oil and Gas Exploration and Production Activities to Drive the Growth of the Market in China
Asia Pacific had the highest helical submerged arc welded (HSAW) pipe demand in 2021 and it is expected to remain the largest consumer base for the next few years. The helical submerged arc welded (HSAW) pipes market in China is expected to grow at a CAGR of 3.2% during the assessment period.
The growth of the market in China is attributed to the growing construction sector, infrastructural investments, and government initiatives. The presence of various chemical and other industries in the region is likely to drive market growth in China.
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The 18- 24 Inches Segment Generated High Revenue
Based on outer diameter, the 18-24 inches’ segment is expected to dominate the market in the forecast period. The segment is projected to exhibit a CAGR of 3.5% during the forecast period.
The growth of the segment is attributed to growth in the construction sector and also growth in infrastructure development. The over 24 inches’ segments account for a significant market share during the forecast period.
Oil & Gas Segment to Gain Significant Traction During the Forecast Period
Based on the end-user, the market is segmented into oil & gas, water, construction, chemical, and other end-use. Among all these oil & gas segments remains the top end-use category expected to expand with a CAGR of 3.8% throughout the forecast period.
Oil & gas are estimated to account for the prominent market share as HSAW pipe is part of the Large Diameter Pipes (LDPs) category, which is a key route of transport for natural gas, oil, and other fluids from isolated locations of production and refining to consuming centers.
New players in the market are Pipeotech, crystal steelage, polyflow, and Submar among others, which are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interest of potential buyers and create a larger customer base. For instance
Prominent players in the helical submerged arc welded (HSAW) pipes market are Bestar Steel Co., Ltd; EVRAZ North America; American Cast Iron Pipe Company; Cangzhou Haihua Steel Pipe Co., Ltd.; Continental Steel & Tube Company among others.
Leading players operating in the global helical submerged arc welded (Hsaw) pipes market are focusing on intensive research and development for launching innovative products and services in the market.
Product innovation is the key strategy adopted by market players. Brand consciousness and aggressive marketing by top players however make it challenging for new entrants in this market.
The market players are also emphasizing offering innovative products and services and improved accuracy and reliability. The market is benefiting from partnerships with a high focus on innovation.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.3% from 2023 to 2033 |
| Market Value in 2022 | US$ 5.7 billion |
| Market Value in 2032 | US$ 7.8 billion |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
The market is valued at US$ 5.7 billion in 2023.
Bestar Steel Co., Ltd and, EVRAZ North America are major players.
A total of US$ 0.4 billion is anticipated by 2033.
A 5.9% CAGR was recorded from 2018 to 2022 for the market.
China is predicted to grow at a rate of 3.2% between 2023 and 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (KT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (KT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Outer Diameter
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (KT) Analysis By Outer Diameter, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (KT) Analysis and Forecast By Outer Diameter, 2023 to 2033
5.3.1. 18-24 Inches
5.3.2. 24-48 Inches
5.3.3. Over 48 Inches
5.4. Y-o-Y Growth Trend Analysis By Outer Diameter, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Outer Diameter, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (KT) Analysis By End-Use, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (KT) Analysis and Forecast By End-Use, 2023 to 2033
6.3.1. Oil & Gas
6.3.2. Water
6.3.3. Construction
6.3.4. Chemical
6.3.5. Other End-Uses
6.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (KT) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (KT) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (KT) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (KT) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Outer Diameter
8.2.3. By End-Use
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Outer Diameter
8.3.3. By End-Use
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (KT) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (KT) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Outer Diameter
9.2.3. By End-Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Outer Diameter
9.3.3. By End-Use
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (KT) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (KT) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Outer Diameter
10.2.3. By End-Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Outer Diameter
10.3.3. By End-Use
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (KT) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (KT) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Outer Diameter
11.2.3. By End-Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Outer Diameter
11.3.3. By End-Use
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (KT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (KT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Outer Diameter
12.2.3. By End-Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Outer Diameter
12.3.3. By End-Use
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Outer Diameter
13.1.2.2. By End-Use
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Outer Diameter
13.2.2.2. By End-Use
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Outer Diameter
13.3.2.2. By End-Use
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Outer Diameter
13.4.2.2. By End-Use
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Outer Diameter
13.5.2.2. By End-Use
13.6. UK
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Outer Diameter
13.6.2.2. By End-Use
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Outer Diameter
13.7.2.2. By End-Use
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Outer Diameter
13.8.2.2. By End-Use
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Outer Diameter
13.9.2.2. By End-Use
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Outer Diameter
13.10.2.2. By End-Use
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Outer Diameter
13.11.2.2. By End-Use
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Outer Diameter
13.12.2.2. By End-Use
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Outer Diameter
13.13.2.2. By End-Use
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Outer Diameter
13.14.2.2. By End-Use
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Outer Diameter
13.15.2.2. By End-Use
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Outer Diameter
13.16.2.2. By End-Use
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Outer Diameter
13.17.2.2. By End-Use
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Outer Diameter
13.18.2.2. By End-Use
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Outer Diameter
13.19.2.2. By End-Use
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Outer Diameter
13.20.2.2. By End-Use
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Outer Diameter
14.3.3. By End-Use
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. American Cast Iron Pipe Company
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. APL Apollo Tubes Ltd.
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Apollon Steel Inc
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. ArcelorMittal SA (Luxembourg)
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Bestar Steel Co., Ltd
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Cangzhou Dagang Pipe Co., Ltd.
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Cangzhou Haihua Steel Pipe Co., Ltd.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Cangzhou Spiral Steel Pipe Group Co., Ltd.
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Champak Steel & Engg.Co
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Helical Submerged Arc Welded (HSAW) Pipes Market
