+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Helical Submerged Arc Welded (HSAW) Pipes - Global Strategic Business Report

  • PDF Icon

    Report

  • 438 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2498181

Inter-Regional Supply of Oil and Gas to Boost Demand for Large OD Pipes

Global Helical Submerged Arc Welded (HSAW) Pipes Market to Reach $8.2 Billion by 2030

The global market for Helical Submerged Arc Welded (HSAW) Pipes estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. 18-24 Inches, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$2.1 Billion by the end of the analysis period. Growth in the 24-48 Inches segment is estimated at 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $921.3 Million, While China is Forecast to Grow at 4.7% CAGR

The Helical Submerged Arc Welded (HSAW) Pipes market in the U.S. is estimated at US$921.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 90 Featured)

  • American Cast Iron Pipe Company
  • ArcelorMittal SA
  • Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
  • EVRAZ North America
  • JFE Steel Corporation
  • Jindal Tubular USA LLC
  • Man Industries Ltd.
  • Nippon Steel & Sumitomo Metal Corporation
  • Noksel Çelik Boru Sanayi A.S
  • Northwest Pipe Company
  • Shengli Oil & Gas Pipe Holdings Limited
  • Stupp Corporation
  • Welspun Corp Ltd.

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Helical Submerged Arc Welded (HSAW) Pipes Market

What is the estimated value of the Helical Submerged Arc Welded (HSAW) Pipes Market?

The Helical Submerged Arc Welded (HSAW) Pipes Market was estimated to be valued at $5.8 Billion in 2022.

What is the growth rate of the Helical Submerged Arc Welded (HSAW) Pipes Market?

The growth rate of the Helical Submerged Arc Welded (HSAW) Pipes Market is 4.4%, with an estimated value of $8.2 Billion by 2030.

What is the forecasted size of the Helical Submerged Arc Welded (HSAW) Pipes Market?

The Helical Submerged Arc Welded (HSAW) Pipes Market is estimated to be worth $8.2 Billion by 2030.

Who are the key companies in the Helical Submerged Arc Welded (HSAW) Pipes Market?

Key companies in the Helical Submerged Arc Welded (HSAW) Pipes Market include American Cast Iron Pipe Company, ArcelorMittal SA, Borusan Mannesmann Boru Sanayi ve Ticaret A.S., EVRAZ North America, JFE Steel Corporation, Jindal Tubular USA LLC, Man Industries Ltd., Nippon Steel & Sumitomo Metal Corporation, Noksel Çelik Boru Sanayi A.S and Northwest Pipe Company.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Global Economic Update
  • From Pandemic to War & Inflation: “Subdued Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • A Review of COVID-19 Impact on Major End-Use Markets for HSAW Pipes
  • Oil & Gas Sector Witnesses Recovery
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • World Average Rig Count: 2015 - 2023E
  • World Average Rig Count by Region (Jan 2023-May 2023)
  • Oil & Gas Industry Increases Focus on Energy Transitions
  • OCTG Pipes Demand in Sync with Oil and Gas Industry Fortunes
  • Recovery in Construction Sector to Boost Growth
  • Global Construction Output by Sector: YoY Change (in %) for 2021-2024
  • Infrastructure Spending to Bring COVID-19 Hit Economies Back on Track
  • Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
  • Russia Ukraine Conflict, China Lockdowns Again Threaten to Disrupt Global Supply Chains
  • An Introduction to Welded Pipes & Tubes
  • Submerged Arc Welded (SAW) Pipes
  • Spiral SAW Welded Pipes
  • Manufacturing Stages of HSAW Pipes
  • Types of Spiral Pipe Production Processes
  • Helical SAW Pipes Vs Longitudinal Weld Pipes
  • Global Market Outlook
  • Market Demand Strongly Influenced by CAPEX on Pipeline Infrastructure
  • Developing Economies to Spearhead Future Growth
  • Recent Market Activity
  • Competition
  • Helical Submerged Arc Welded (HSAW) Pipes - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rise in HR Coil Prices Impact SAW Pipes Consumption
  • Global Prices of Hot-Rolled Coil (HRC) Steel (In US$ Per Metric Ton) for Years 2019 through 2022
  • Pipeline Construction Space Heating Up with Impressive Mileage Gains
  • Global Oil & Gas Industry Dynamics to Influence Market Demand
  • Changing Fortunes of Oil and Gas Companies
  • Natural Gas Dominates Pipeline Buildout
  • Regional Review: North America and Asia-Pacific Dominate Pipeline Building
  • Global Energy Pipeline Expansion: Pipeline Miles Under Construction and Pipeline Miles Planned by Region (As of 2022)
  • Pipeline Transportation Gets a Boost from Innovative and Advanced Pipeline Solutions
  • Global Pipeline Transportation Solutions and Services (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Changing Energy Mix Influences Trends in Pipes Market
  • Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
  • Global Primary Energy Consumption by Source (in %) for 2022 and 2040
  • Investments into Oil & Gas Pipeline Infrastructure Worldwide: Vital for the Growth of HSAW Pipes Market
  • Global Capital Spending (in $ Billion) on Planned & Announced Oil & Gas Projects by Segment (2018-2025)
  • Focus on Reducing Dependence on Russia Oil & Gas Resurrects Pipeline Projects in Europe & Rest of World, a Move that Bodes Well for HSAW Pipes
  • Proposed Production Expansions for Natural Gas & Oil to Drive Investments in Pipeline Infrastructure, Fuel Market Opportunities
  • Global Natural Gas Production (In Billion Cubic Meter (BCM)) for Years 2018 Through 2022
  • Replacement of Aging Gas Pipelines Offers Strong Growth Potential
  • Growth in Inter-Regional Supply of Oil and Gas to Boost Demand for Large OD Pipes
  • Number of Crude Oil Pipeline Worldwide by Project Status: 2020
  • Number of Natural Gas Pipeline Worldwide by Project Status: 2020
  • Infrastructure Investments to Drive Growth in Piling Applications
  • Global Infrastructure Spending in US$ Billion (2014-2022)
  • Water Infrastructure Replacement and Upgrades Open Growth Opportunities
  • US faces the Major Issue of Aging Water Infrastructure in Urgent Need of Overhaul
  • Growing Problem of Water Scarcity to Boost Investment in Upgrading Water Infrastructure across the World
  • Trenchless Technologies Augur Well Spiral Welded Pipes
  • Automation Gains Momentum in Spiral Pipe Welding Operations
  • Corrosion Protection: An Important Area of Focus
  • Alternate Means of Oil & Gas Transportation: Threat to Pipeline Transport
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Helical Submerged Arc Welded (HSAW) Pipes Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Helical Submerged Arc Welded (HSAW) Pipes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Helical Submerged Arc Welded (HSAW) Pipes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 4: World 16-Year Perspective for Helical Submerged Arc Welded (HSAW) Pipes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for 18-24 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 6: World Historic Review for 18-24 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 7: World 16-Year Perspective for 18-24 Inches by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for 24-48 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 9: World Historic Review for 24-48 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 10: World 16-Year Perspective for 24-48 Inches by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Over 48 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Over 48 Inches by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 13: World 16-Year Perspective for Over 48 Inches by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 16: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Water by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Water by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 19: World 16-Year Perspective for Water by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 22: World 16-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Chemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Chemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 25: World 16-Year Perspective for Chemical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • TABLE 28: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Helical Submerged Arc Welded (HSAW) Pipes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Market Overview
  • How Will the Economy Impact Oil and Gas Sector in the US?
  • Oil & Gas Sector Dynamics and Impact on HSAW Pipes
  • Oil and Gas Production (in Million Barrels of Oil Equivalent (Boe) per Day) by Type in the US for 2000-2040
  • Estimated Upstream Expenditure on US Shale for the Period 2019-2022
  • U.S. Natural Gas Pipeline Exports to Mexico (Billion Cubic Feet): 2010-2022
  • U.S. Natural Gas Pipeline Exports to Canada (Bcf): 2010-2022
  • Changing Energy Mix Influences Demand for Steel LDPs
  • Annual Production of Shale Gas (In Trillion Cubic Feet) in the US for 2010-2040
  • Replacement Demand Presents Demand Potential for HSAW Pipes
  • Aging Water Infrastructure Drives Replacement Demand
  • CANADA
  • Canada: The Land of Abundant Natural Resources
  • Remote Location of O&G Reserves Drive the Need for New Pipeline Infrastructure
  • JAPAN
  • CHINA
  • Helical Submerged Arc Welded (HSAW) Pipes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Market Overview
  • Crude Oil Demand to Spur Market Growth
  • Renewed Focus on Natural Gas Pipeline Networks Holds Opportunities for Spiral Weld Pipes Market
  • China Primary Energy Consumption by Source (in %): 2023E
  • Natural Gas Demand in China: 1990-2022
  • EUROPE
  • Helical Submerged Arc Welded (HSAW) Pipes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Market Overview
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • Market Overview
  • SPAIN
  • RUSSIA
  • TURKEY
  • REST OF EUROPE
  • ASIA-PACIFIC
  • INDIA
  • Helical Submerged Arc Welded (HSAW) Pipes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • Market Overview
  • Water Supply Infrastructure to Benefit Pipe Manufacturers
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Market Overview
  • MIDDLE EAST
  • Market Overview
  • Adoption of Desalination Technology to Drive Pipeline Infrastructure
  • SAUDI ARABIA
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • American Cast Iron Pipe Company
  • ArcelorMittal SA
  • Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
  • EVRAZ North America
  • JFE Steel Corporation
  • Jindal Tubular USA LLC
  • Man Industries Ltd.
  • Nippon Steel & Sumitomo Metal Corporation
  • Noksel Çelik Boru Sanayi A.S
  • Northwest Pipe Company
  • Shengli Oil & Gas Pipe Holdings Limited
  • Stupp Corporation
  • Welspun Corp Ltd.