Helical Submerged Arc Welded (HSAW) Pipes Market is Estimated to Cross a CAGR of 3.3% and Secure US$ 7.8 Billion from Forecast 2023 to 2033 | Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / June 26, 2023 / 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. The market is estimated to garner US$5.7 billion in 2033, recording a CAGR of 3.3% from 2023 to 2033. The market is likely to secure US$ 7.8 billion in 2023.

The market is anticipated to grow at a steady 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 rise in 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.

Get an overview that will help improve your strategies to stay ahead of the competitors. View your PDF Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-17426

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.

Key Takeaways:

• From 2018 to 2022, the market demand expanded at a CAGR of 5.9%.
• Based on the application, the oil & gas segment accounts for a CAGR of 3.8%.
• By outer diameter, 18-24 inches segment is expected to expand at a CAGR of 3.5% during the forecast period.
• North America to emerge as a promising market, capturing a CAGR of 3.2%.
• Asia Pacific is an opportunistic market, expected to capture a CAGR of 3.2% during the forecast period.

Competitive Landscape:

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.

• In April 2023 - EVRAZ North America (ENA) announced the successful development and qualification of a high-strength, high-frequency welded (HFW) line pipe for high-pressure, 100 percent hydrogen transmission. ENA is the first North American line pipe producer qualified for high-pressure, 100 percent hydrogen pipeline transportation.
• Zenith Steel Pipes & industries limited is a pioneer in the field of manufacturing of erw & hot dip galvanized pipes in India. Manufactured Spirally Welded Pipes (HSAW) from 18-inch to 100-inch OD (457 mm to 2540 mm OD) which is used in the bulk transportation of water.

To Remain ‘Ahead' of your competitors, Get your Customized Report here @
https://www.futuremarketinsights.com/customization-available/rep-gb-17426

More Valuable Insights:

Future Market Insights offers an unbiased analysis of the global helical submerged arc welded (HSAW) pipes market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the helical submerged arc welded (HSAW) pipes market, the market is segmented based on the outer dimension and end-user across five major regions.

Key Segmentation:

By Outer Diameter:

• 18-24 Inches
• 24-48 Inches
• Over 48 Inches

By End-Use:

• Oil &Gas
• Water
• Construction
• Chemical
• Other End-Use

By Region:

• North American
• Latin America
• Europe Helical
• Asia Pacific
• Middle East and Africa

For Purchasing this Market Report at a discounted price @ https://www.futuremarketinsights.com/checkout/17426

Table of Content (ToC):

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

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

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

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

5.4. 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

6.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022

6.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033

Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-17426

Explore FMI's Extensive Coverage on Industrial Automation Domain:

Glass Reactors Market Sales: The global glass reactors market is anticipated at US$ 498.1 million in 2033, recording a CAGR of 6.5% from 2023 to 2033. The market is likely to secure US$ 265.4 million in 2023.

Fiber Laser Market Share: The anticipated size of the global fiber laser market is likely to have produced US$ 11.46 billion by 2023, alongside a CAGR of 11.5% from 2023 to 2033.

Aircraft Ground Support Equipment Market Growth: Global aircraft ground support equipment market is anticipated at US$ 21.2 billion in 2033, recording a CAGR of 6.8% from 2023 to 2033. The market is likely to secure US$ 11.0 billion in 2023.

Electric Motor Market Demand: The anticipated size of the global electric motor market is estimated to be US$ 132.8 billion in 2023. Future Market Insights has mentioned in its reports that the electric motor market will expand at a CAGR of 6.64% between 2023 and 2033, totaling around US$ 252.6 billion by 2033.

Chilled Beam System Market Analysis: The global chilled beam system market is anticipated at US$ 607.1 million in 2033, recording a CAGR of 5.7% from 2023 to 2033. The market is likely to secure US$ 348.8 million in 2023.

Conveyor System Market Forecast: The anticipated size of the global conveyor system market in 2022 was US$ 5.6 billion and is estimated to reach US$ 6.4 billion in 2023. Future Market Insights has mentioned in its reports that the conveyor system market will expand at a CAGR of 5.45% between 2023 and 2033, totaling around US$ 10.9 billion by 2033.

Ultra Short Base Line Positioning System Market Value: The global ultra-short baseline positioning system market is anticipated at US$256.8 billion in 2033, recording a CAGR of 6.0% from 2023 to 2033. The market is likely to secure US$ 143.4 million in 2023.

Power Transformer Market Volume: The power transformer market is poised to grow at a 5% CAGR from 2023 to 2033, with an overall valuation expected to reach US$ 24.1 billion in 2023. Future Market Insights (FMI) forecasts the market to surpass US$ 39.3 billion by the end of 2033.

Mud Pumps Market Review: The global mud pumps market is anticipated at US$ 1.32 billion in 2033, recording a CAGR of 3.6% from 2023 to 2033. The market is likely to secure US$ 0.93 billion in 2023.

Exterior Insulation and Finish Systems (EIFS) Market Revenue: The FMI exterior insulation and finish systems (EIFS) market report predicts that the industry could expand significantly by following a 10.2% CAGR through 2033. It is anticipated that the market could be worth around US$ 235.6 billion by 2033 by following such a significant CAGR.

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

SOURCE: Future Market Insights, Inc.

ACCESSWIRE

News network reaching more than 1,500 media outlets in 98 countries. The newest, fastest-growing and most disruptive newswire available today.