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Saudi Arabia Steel Pipes Market Size, Share & Demand

Report Code:   13026  

Get a Comprehensive Overview of the Saudi Arabia Steel Pipes Market Report Prepared by P&S Intelligence, Segmented by Steel Grade, Type, Application, and Geographic Regions. This Report Provides Insights From 2019 to 2030. Spiral Seam Pipe

Saudi Arabia Steel Pipes Market Size, Share & Demand

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The Saudi Arabian steel pipes market size is expected to grow from an estimated USD 2,446.1 million in 2024 to USD 3,413.1 million in 2030, at a CAGR of 5.7% from 2024 to 2030. Being one of the world’s largest producers of oil products in the world, the country’s demand for steel pipes continues to rise. Moreover, apart from oil and gas industry, these pipes are used in various industries, such as water supply, waste management, construction, and food and beverages.

These products come in various grades, such as austenitic stainless steel (300 Series), ferritic stainless steel (400 Series), martensitic stainless steel, duplex stainless steel, and precipitation-hardened stainless steel. These pipes are then molded into the desired outer and inner diameters and the desired weight, thus making them useful for a number of industries.

Moreover, with the upcoming construction projects, there will be a huge demand for steel pipes for usage both during the construction process and as a component of built infrastructure, such as part of the water supply or sanitation system.

With the announcement of Vision 2030 by the Saudi Arabian government, many market players are seeking to offer their products for smart city projects, clean energy plants, amusement parks, hotels & resorts, shopping malls, and all other kinds of infrastructure.

Below are the steel grades from which pipes are made in Saudi Arabia

Below are the types considered in the report:

Below are the applications analyzed in this report

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Below are the provinces analyzed in the market:

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Saudi Arabia Steel Pipes Market Size, Share & Demand

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