Saudi Arabia represents one of the most promising markets for centrifugal casting steel pipes in the Middle East, backed by the Kingdom’s Vision 2030 initiatives and its aggressive push for industrial diversification. The construction of mega-projects such as NEOM and expansions in oil & gas pipelines and desalination facilities is fueling demand for durable, large-diameter steel pipes. A key driver is the substantial investment in water infrastructure and refinery upgrades, making the market ripe for high-grade steel pipe applications. On the downside, the local manufacturing ecosystem still faces technological constraints and dependency on foreign casting machinery. Nevertheless, opportunities are rising in localizing production through international joint ventures and government incentives for industrial equipment manufacturing. One of the main trends is the gradual shift toward using high-performance alloys and advanced metallurgical casting to meet demanding environmental and operational conditions. The Saudi market is forecast to expand at a CAGR of 6.1% from 2025 to 2030.
TABLE - Saudi Arabia Centrifugal Casting Steel Pipes Market Size & Forecast By Product Type 2021-2033
Product Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Stainless Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Carbon Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Alloy Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Saudi Arabia Centrifugal Casting Steel Pipes Market Size & Forecast By Application 2021-2033
Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oil & Gas Industry | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Power Generation | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Water and Wastewater Management | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Chemical & Petrochemical Industry | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others (Construction, Marine, Automotive) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis