Robust Activity In The Oil And Gas Sector Drives Demand For Large Diameter Steel Pipes, According To A Soon To Be Released Report By Global Industry Analysts, Inc.
GIA announces the launch of a comprehensive primary research program studying the global market for “Large Diameter Steel Pipes”. The soon to be released report identifies growing number of onshore and offshore pipeline projects worldwide, and strong demand from water and wastewater applications, as key drivers of growth.
San Jose, California (PRWEB) - GIA invites senior industry executives, domain experts, technologists and market strategists to participate in a comprehensive global research initiative studying the “Large Diameter Steel Pipes” markets. The study will examine key drivers and trends impacting the market such as growing demand for natural gas and ensuing need for high strength large diameter steel pipes for long distance high pressure gas pipelines; growing popularity of pipeline gas exports across North America and Europe; strong emphasis on food security, increased investments in agriculture infrastructure in developing countries and ensuing need for pipes for irrigation, and drainage; growing demand for water, emerging focus on water desalination, and resulting increase in demand for pipe systems for sea water desalination; and decline in production costs as a result of improvements in production technologies for large-diameter pipes.
Defined as pipes measuring 12 inches or greater in diameter, Large Diameter Steel Pipes find widespread applications in municipal, industrial, agricultural and energy sectors.
Increased investments in public infrastructure projects in developing countries like China and India led by population growth and rapid urbanization, is expected to drive demand in water and sanitary sewer applications. Demand is also expected to benefit from the development of unconventional gas resources in large shale gas basins in North America. Approval of new drilling projects across the Atlantic Coastal Plain is expected to result in increased need for pipeline infrastructure thus benefiting demand for large diameter steel pipes. The coming years are forecast to witness strong demand for high strength, crack resistant large diameter pipes, as increased emphasis is laid on pipeline project cost reduction. Escalating demand for energy worldwide coupled with investments in establishment of new power plants in developing countries and upgradation of energy infrastructure in developed countries, are expected to fuel demand for large diameter pipes, which find application in cooling water recirculation systems and feedlines.
The study estimates Large Diameter Steel Pipes to be a multi-million dollar market worldwide, while more precise market-size and growth projections for a 14-year period will be made available during the 2nd stage of report preparation, and data analysis.
The research and analysis will be released shortly in the form of a comprehensive research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modelled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.
Developed for Manufacturers, Strategic Planners, Business Development Executives, Management Consultants, Investment Bankers, Consulting Firms, Marketing & Sales Executives, C-Level Decision Makers, Market Strategists and Technology Domain Experts, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
For more details about how you can participate, please click here.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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