Market Research News Middle East Spiral Welded Pipes Market | Page 2

Middle East spiral welded pipes market is segmented into end use industry such
as waste water treatment industry, oil and gas industry and construction &
infrastructure industry. Among these segments, wastewater treatment industry
segment is expected to occupy the top position in Middle East spiral welded pipes
market. Rising activities related to water reuse owing to the shortage of water in
Middle East is the major driving factor of the spiral welded pipes in wastewater
treatment industry market. However, spiral welded pipes in construction &
infrastructure segment is projected to grow at highest CAGR during the forecast
period.
Middle East spiral welded pipes market is expected to flourish at a significant
CAGR over the forecast period. Factors such as growing demand for spiral pipes
in structural and piling applications and increasing spending on pipeline
infrastructure are driving the growth of the Middle East spiral welded pipes
market. Moreover, the Middle East spiral welded pipes market is expected to
garner noteworthy revenue by the end of 2021.
With a market share of 40.4%, Saudi Arabia captured the largest market share of
Middle East spiral welded pipes market in 2016. Moreover, Saudi Arabia spiral
welded pipes is anticipated to witness highest CAGR during the forecast period.
Increasing investment on industrial and energy sector is expected to propel the
demand for spiral welded pipes market in Saudi Arabia. U.A.E. is also expected to
significantly contribute to the growth of the Middle East spiral welded pipes
market.
Growing Infrastructure Developments in Middle East
Increasing infrastructure developments in major Middle East countries such as
Saudi Arabia, U.A.E. and Qatar are increasing the demand for spiral welded
pipes. Moreover, upcoming pipeline projects in Iran are predicted to trigger the
growth of the Middle East spiral welded pipe market.
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Development of Water Supply Systems in the Region
Governments in the Middle East are heavily spending on the development of
water supply systems to guarantee their water supply systems. This factor is
accelerating the demand for spiral welded pipes in the region. Moreover,
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