What is Longitudinal Submerged-Arc Welded (LSAW) Pipes?
The Longitudinal Submerged-Arc Welded (LSAW) Pipes market is expected to witness high demand in the forecasted period due to increasing demand from the oil and gas industries across the globe. Longitudinal submerged arc welded (LSAW) pipes manufacture process is bending and welding wide steel plates to pipes from leveled hot rolled coils by both the JCOE and UOE (the forming process in which the plate-like the letter "J", "C", "O" or "U" shape, then expansion) forming processes. The tubes are mainly used for fuel, natural gas, central heat, supply of water, waste treatment, fluid with low pressure, etc. as they demand a high resistance, large diameter, and thick wall tubing. The increasing application in the construction industry of the developing countries will act as the driver of the global market.
The market study is broken down by Type (Longitudinal (Single or Double Straight Seam Weld, DSAW) and Spiral Type (HSAW, SSAW or SAWL pipe)), by Application (Oil & Gas, Water, Construction, Chemical Industry and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Manufacturers from Asian will contribute to the maximum growth of Global Longitudinal Submerged-Arc Welded (LSAW) Pipes market throughout the predicted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
United Metallurgical Company (Russia), EUROPIPE GmbH (Germany), EEW Group (Germany), JFE Steel Corporation (Japan), Jindal Saw (India), TMK (Russia), Welspun Group (India), Arabian Pipes Company (Saudi Arabia), Cangzhou Steel Pipe Group (CSPG) Co., Ltd (China) and Shengli Oil & Gas Pipe Holdings Limited (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Arcelormittal (Luxembourg), Panyu Chu Kong Steel Pipe (China), Sunny Steel Enterprise Ltd. (Malaysia), Metallica Metals Group (India), Ratnamani Metals & Tubes Limited (India), SMS group Gmbh (Germany), Hebei haihao high pressure flange & pipe fitting group (China) and Sevantilal & Sons Pvt Ltd. (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Longitudinal Submerged-Arc Welded (LSAW) Pipes market by Type, Application and Region.
On the basis of geography, the market of Longitudinal Submerged-Arc Welded (LSAW) Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2020.
If we see Market by , the sub-segment i.e. will boost the Longitudinal Submerged-Arc Welded (LSAW) Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Market Leaders and their expansionary development strategies
On 7th January 2020, Al Gharbia Pipe Company has successfully taken into operation its new LSAW (Longitudinal Submerged Arc Welded) pipe plant. The new LSAW large-diameter pipe production facility was built at the Khalifa Industrial Zone Abu Dhabi (KIZAD), by a consortium of Larsen & Toubro Limited and SMS group as the EPC (Engineering, Procurement, Construction) partner.
Market Trend
- The increasing demand for the oil and gas industries
- The Upsurging demand with the Cladding Technology
Market Drivers
- The significant presence of various chemical and other industries
- Rising urbanization across the Developing Countries
Opportunities
- The technological innovation in the products
- The Rising Number of Government Projects
Restraints
- The COVID-19 has significantly impacted the supply chain and product
Challenges
- The Concern Related to Damage of The Product
Key Target Audience
Longitudinal Submerged-Arc Welded (LSAW) Pipes MAnufacturer, Suppliers, Government Regulatory Bodies, Private Research Organization, Government research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.