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Registering a CAGR of 2.4% over the forecast period, the market Helical Submerged Arc
Welding (HSAW) Steel Pipe was valued at USD 5.42 Billion in the year 2022.
âą HSAW (Helical Submerged Arc Welding) is a seamless steel pipe that connects its entire length in a
spiral form. These pipes are mainly used for land transportation of oil and gas, cooling water lines and
water distribution in power generation facilities. Additionally, these pipes are also used in structural
applications such as piling in high-rise buildings and civil works including bridges.
âą Helical Submerged Arc Welding (HSAW) Steel Pipe market size, estimates and forecasts are provided
in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the
period 2017 to 2030, with 2022 being considered as the base year. This report segments the global
Helical Submerged Arc Welding (HSAW) Steel Pipe market in detail.
Market Overview
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The US market is estimated at $830.2 million in 2022, while China is expected to reach $2.3 billion by 2027. The US
Helical Submerged Arc Welded (HSAW) pipe market is estimated at $730.2 million in 2021. Global market share
14.46% China, the world's second-largest economy, is expected to grow at a CAGR of 4.3% over the analysis
period, reaching $2.1 billion by 2026. Other notable geographic markets are Japan and Canada, which are
expected to grow by 2% and 2.2%, respectively, during the analysis period. Within the EU, Germany is expected to
grow at a CAGR of around 2.1%, while the rest of the European industry (as defined in the study) will reach USD
2.4 billion by the end of the analysis period. The United States has experienced significant growth in recent years
driven by factors such as the start of large-scale natural gas and shale gas exploration projects, liberalization of gas
prices, and the separation of pipeline transportation from gas commercialization.
Regional Insights
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Helical Submerged Arc Welding (HSAW) Steel Pipe Market has been segmented into:
By Type
âąO.D. 18-24 Inches
âąO.D. 24-48 Inches
âąAbove 48 Inches
âąOther
By Application
âąWater
âąOil & Gas
âąConstruction
âąChemical Industry
âąOther
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âą Welspun Group,
âą TMK, Cangzhou Steel Pipe Group,
âą Jindal Saw,
âą Youfa Steel Pipe Group,
âą Baoji Petroleum Steel Pipe,
âą American Cast Iron Pipe Company,
âą EUROPIPE GMBH,
âą EVRAZ North America,
âą Nippon Steel,
âą Shengli Oil & Gas Pipe,
âą Borusan Mannesmann,
âą Arcelormittal,
âą Ki,
âą And Others.
MARKET PLAYERS
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