USD 155.8 million
GCC Steam Condensate Piping Market Size, Share, Growth Analysis, By Piping Material(Stainless Steel, Carbon Steel, and Others), By Application(Commercial and Industrial), By Region - Industry Forecast 2024-2031
Report ID:
SQMIR20C2096 |
Region:
Regional |
Published Date: February, 2024
Pages:
233
|Tables:
61
|Figures:
75
GCC Steam Condensate Piping Market Insights
GCC Steam Condensate Piping Market size was valued at USD 155.8 million in 2019 and is poised to grow from USD 173.6 million in 2023 to USD 233.5 million by 2031, growing at a CAGR of 4.5% in the forecast period (2024-2031).
Steam is widely used in a variety of industrial applications such as sterilisation, chemical cracking, and other heating processes. As a result, to transport steam from the boiler assembly to the desired process location, a network of pipes is commonly used. However, some of the steam cools and condenses as it travels through pipelines. This condensate is frequently held responsible for corroding the inner walls of steam pipes. Condensate piping must be installed in order to drain the condensate. The steam condensate piping system collects condensate from steam pipes and either reuses or disposes of it in the sewer.
An important component of industrial steam systems is the steam condensate piping system. The primary purpose of steam condensate piping is to collect steam condensate from steam pipes. The condensate collected can then be reused in other processes. It is available in a variety of shapes and materials, making it suitable both for large and small manufacturing applications. Surging energy demands, aided by global population growth, drive the development of new power plants and petrochemical industries. In these industries, it is crucial because it prevents steam pipes from deteriorating.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Industrial
Fastest Growth
Industrial
Growth Rate
4.5% CAGR
GCC Steam Condensate Piping Market 2021-2028 ($ Bn)
Country Share for GCC Region- 2021 (%)
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GCC Steam Condensate Piping Market Segmental Analysis
GCC Steam Condensate Piping Market is segmented based on the Piping Material, and Application. Based on Piping Material, the market is segmented Stainless Steel, Carbon Steel, and Others. Based Application, the market is segmented into Commercial and Industrial.
GCC Steam Condensate Piping Market Analysis by Piping Material
Stainless steel steam condensate pipe material is frequently described as corrosion-resistant so it holds the largest share in the market in 2021. In reality, it is not the metal itself that is corrosion-resistant. This property is obtained by stainless steel through a process known as "passivation." Stainless steel can be used in industry for systems where corrosion resistance, high temperature tolerance, and sanitation standards are critical, such as in demanding heavy industry or medical applications. TLV uses stainless steel in many of its steam traps and provides stainless steel options for many other products to meet these requirements. Though stainless steel products may be more expensive, it is also important to consider the exceptional longevity and durability they can provide. Many businesses now require stainless steel for tracing systems to avoid corrosion blockages.
Carbon steel ASTM A106 is commonly used to make steam system pipes. Condensate lines can be made of the same material, though copper tubing is preferred in some industries. So, it is expected to witness the growing share.
GCC Steam Condensate Piping Market Analysis by Application
Rise in manufacturing and processing industries has resulted in a significant increase in demand for steam infrastructure, creating a demand for steam condensate piping. Thus, industrial steam condensate pipe holds the largest share.
Commercial steam condensate pipe predicted to witness a growth in the forecasting period.
GCC Steam Condensate Piping Market By Application 2021 (%)
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GCC Steam Condensate Piping Market Regional Insights
Steam condensate pipe export shipments from India to Saudi Arabia are 358, exported by 54 Suppliers.
Venting high-pressure steam to the atmosphere during plant Condensate Steam Pipe Silencers in UAE operations frequently results in unacceptable noise levels. This could be due to the discharge of the Steam safety relief valve. Noise Reduction Steam Silencers in UAE control sound through a reactive-absorptive process that provides good attenuation across all octave frequency bands. Durability and performance for the given application environment are the most cost-effective approaches to meeting needs.
Super Heater steam condensate pipe silencers in Qatar will make workplace more peaceful and pleasant. When Super Heater steam vent silencers in Qatar are opened, they typically generate noise of up to 150-160dB, which is loud enough to cause hearing damage and contribute to noise pollution. In addition to the previously mentioned factors, reducing noise contributes to a safer working environment for employees.
GCC Steam Condensate Piping Market By Geography, 2021-2028
- Largest
- Fastest
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GCC Steam Condensate Piping Market Dynamics
GCC Steam Condensate Piping Market Driver
- Condensate can cause premature deterioration of main steam pipes and become an impediment to steam flow. This can be avoided by draining condensate through the use of steam condensate piping. The use of a steam condensate piping system reduces energy consumption by allowing collected hot steam condensate to be reused in other processes, such as preheating feed water and space heating. Such highly desirable advantages of steam condensate piping systems are expected to significantly contribute to the growth of the market.
GCC Steam Condensate Piping Market Restraint
- Steam condensate piping, on the other hand, requires frequent maintenance and is relatively expensive. This may limit the expansion of the steam piping market.
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GCC Steam Condensate Piping Market Competitive Landscape
Due to the rising population, producers are partnering with other market participants to improve production capacity. Manufacturers are developing cutting-edge technology to boost dehydrated potato manufacturing capacity. The availability of a diverse range of pipes that can be used in both small and large industries is expected to significantly contribute to the growth of the steam condensate piping industry.
GCC Steam Condensate Piping Market Top Player's Company Profiles
- National Pipe Company Ltd.
- Arabian Pipes Company
- Gulf Cooperation for Industrial Consultancy (GCIC)
- Al-Rashed Fasteners
- Al Qahtani Pipe Coating Industries
- Al Khodari Sons Company
- Al-Jubail Industrial Services Co.
- Ahmed Al-Jaber Oil & Gas Exhibition
- Saudi Arabian Amiantit Company
- Al-Khodariya Establishment for Trading and Contracting
- Al-Muhaidib Technical Supplies Co.
- Al Sharif Group
- Faisal Jassim Trading Co. LLC
- Abdulaziz & Saad Al Moaji Company
- Al-Thuwaini Trading Establishment
- Al Suhaimi Group Holding
- Al-Qahtani Pipe & Coating Industries
- Arabian Gulf Mechanical Services & Contracting Co.
- Juffali Technical Equipment Company
- Rawabi Trading & Contracting Co. Ltd.
GCC Steam Condensate Piping Market Recent Developments
- On October 2022, Monitoring Condensates in Animal Feed Manufacturing Steam is used in a variety of processes in an animal feed manufacturing facility, including sterilisation, heating, and cleaning, as well as direct steam treatment of a product. One such steam application in the Mars GmbH facility is the liquefaction of bovine suet via a heat exchanger. As a result, there is a risk of organics entering the steam cycle in the form of FOG.
GCC Steam Condensate Piping Key Market Trends
- Extensive use in sterilisation, chemical cracking, and other heating processes, as well as expanding applications in industries such as paper & pulp, oil & gas refining, food processing, and others, drive the global steam condensate piping market. Furthermore, supportive government initiatives such as the replacement of old coal-fired power plants with new natural gas-fired power plants present new opportunities in the coming years.
GCC Steam Condensate Piping Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our GCC Steam Condensate Piping Market analysis, as stainless steel steam condensate pipe material is frequently described as corrosion-resistant, it will have the largest market share in 2021. In reality, corrosion resistance is not due to the metal itself. Because Stainless steel achieves this property through a process known as "passivation." Carbon steel ASTM A106 is commonly used in the fabrication of steam system pipes. As a result, it is expected to grow in share. The growth of the manufacturing and processing industries has resulted in an increase in demand for steam infrastructure, which has created a demand for steam condensate piping. As a result, industrial steam condensate pipe has the largest market share. Condensate can prematurely deteriorate main steam pipes and become an impediment to steam flow, which aids in growth.
| Report Metric | Details |
|---|---|
| Market size value in 2019 | USD 155.8 million |
| Market size value in 2031 | USD 233.5 million |
| Growth Rate | 4.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on GCC Steam Condensate Piping Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on GCC Steam Condensate Piping Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the GCC Steam Condensate Piping Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the GCC Steam Condensate Piping Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the GCC Steam Condensate Piping Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the GCC Steam Condensate Piping Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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