Market Research Reports - Ken Research Uae Seamless Steel Pipe Industry - Ken Research | Page 2

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