GCC Steam Condensate Piping Market

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.

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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).

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. '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.'

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.

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 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.

Steam condensate pipe export shipments from India to Saudi Arabia are 358, exported by 54 Suppliers.

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GCC Steam Condensate Piping Market

Report ID: SQMIR20C2096

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