|
市場調查報告書
印度的管線產業
INDIAN PIPE INDUSTRY
|
印度的管線產業 是由出版商CARE Research在2011年06月所出版的。
這份英文市場調查報告書價格從美金1000起跳。
在因原油價格復甦，石油開發業欣欣向榮的背景下，印度管線產業預計今後三到五年，仍將持續看好。
本報告提供印度的管線產業的相關調查，展望與課題，需求與供給，價格資訊、成本等分析、業界的概要和特徵，同時包含企業簡介，為您概述為以下內容。
第1章 摘要整理
第2章 展望和課題(鋼鐵及塑膠管線)
第3章 需求和供給
第4章 推動需求要素
第5章 價格資訊
第6章 成本分析
- 原料(RM)成本
- 運費及運輸費用
- 電力及燃料(P&F)成本
- 業界的利益
第7章 分析模型
第8章 業界概要
- 鋼管
- 無縫鋼管
- 電阻焊接鋼管(ERW)
- 離心澆鑄管
- 球磨鑄鐵管
- 石棉水泥（AC）管
- HDPE管線的特徵和用途
第9章 業界的特徵
- 資金的集中和細分化
- 降低運輸的損耗及加強耐久性
- 廉價的運輸方法
- 評估與檢定
- 資金的運用
- 徵稅
- 優質原料(RM)的穩定供給
- 產品系列
第10章 企業概要
- Welspun Corp Ltd
- Jindal Saw Ltd
- Maharashtra Seamless Ltd
- Man Industries (India) Ltd
- Electrosteel Castings Ltd
- The Indian Hume Pipe Co. Ltd
- Finolex Industries Ltd
第11章 附錄
圖表
Abstract
The Indian pipe industry.... Reaping the benefits of good time
With the growing consensus that the worst of the financial crisis behind us
and demand for oil & gas products on an upward trend especially from the
developing world, the need for new exploration and production (E&P) has
reinvigorated. In addition, the recent political turmoil in the Middle East
and North African (MENA) region has critically pushed the crude oil price
above US$100 per barrel benchmark leading to further interest in high cost
offshore drilling activities which is back on full scale. In North America and
other parts of the world including India, shale gas discoveries and extraction
is creating a whole new market for pipes that needs to be connected with
existing network. The replacement demand market for pipes from the matured
markets has remained consistent throughout the volatile period on the back of
higher infrastructure spending. In India, the government is focussed on
developing pipeline network by increasing the availability of city-based gas
distribution (CGD) and is aiming to cover approximately 200 cities by 2015.
Also, with the pipeline network of India for oil & gas transport being lower
at 19,103 kms as on April 2010, (32% penetration level) it represents a huge
scope for growth for the pipe industry.
As most of the Indian pipe manufacturers are converters, the industry is
highly Raw Material (RM) intensive with the RM cost accounting for more than
70-80% of the total cost for steel and PVC pipe companies. These companies
rely heavily on imports and hence many steel pipe companies have backward
integration facilities to reduce dependency on imports and price volatility.
Freight cost is another key cost component due to higher imports and exports.
Going forward, with the expected softness in international steel prices (due
to correction in its raw material prices) and reasonably low level of Baltic
Dry Index (a barometer for shipping freight rates), pipe companies will be
benefited due to lower input costs.
Indian companies produce a wide range of steel, cement and plastic pipes which
are used in various critical and non-critical applications. Indian steel pipe
manufacturing companies have won several certifications and accreditations
from major oil & gas companies across the globe in the recent past. With the
low-cost and high-quality products supplemented by various international
certifications, Indian companies have augmented their export sales over the
last three to four years.
CARE Research expects the positive trend in the Indian pipe industry to
continue for the next 3-5 years on the back of higher E&P activities due to
resurgence in crude oil price, increased efforts by the Government of India
(GoI) on infrastructure development for laying pipelines for oil & natural gas
transport (e.g. the National Gas Grid project), replacement demand from North
America and European countries, water & sewage transport and irrigation
facilities. The growth will mainly be driven by steel pipes especially SAW
pipes. The order-book position (currently equivalent to total of FY10 sales)
of many steel pipe companies is sufficient for the next 6-12 months.
Demand triggers for the growth are:
- Private players like Reliance Industries Limited (RIL), Cairn India etc
have shown interest in setting up pipe infrastructure for oil & gas
distribution. National gas grid will also be set up requiring an investment of
Rs.210 bn.
- City gas pipe is currently available in 10 cities and the coverage is
expected to grow to 200 cities in the next five years (2015), entailing an
investment of Rs. 250-300 bn.
- In addition to the above, the replacement demand from the US and European
countries, having a vast pipeline infrastructure, will be huge.
- The GoI in its efforts to reduce crude imports has formulated the New
Exploration Licensing Policy (NELP) for exploration and production of oil &
gas. The GoI has awarded 269 blocks till date and the number is set to
increase to 330 by 2011.
- For the Eleventh Five Year Plan, the GoI is aiming to add 11 mn hectares
of irrigational facilities, entailing an investment of Rs.1,580 bn.
- The government has planned to spend Rs 1,117 bn on water infrastructure in
the 11th Five-Year Plan.
Table of Contents
- 1. Executive Summary
- 2. Outlook and Challenges (Steel and Plastic Pipes)
- 3. Supply - Demand
- Steel Pipes
- Domestic Installed Capacity of Pipes (FY2009-10)
- Global Statistics
- Demand Projection (FY2013-FY2015)
- Domestic Demand - Supply Gap
- Plastic Pipes
- Global Market for plastic pipes
- Domestic market
- 4. Demand Drivers
- 5. Pricing Information
- Steel Pipes
- PVC Pipes
- Cement Pipes
- 6. Cost Analysis
- Raw Materials (RM) Costs
- Product-wise RM cost Analysis
- Company-wise RM cost analysis
- Freight and Forwarding Expense
- Power and Fuel (P&F) Cost
- Industry Margins
- 7. Analytical Model
- SWOT Analysis
- Porter' s Five Force Model
- 8. Industry Overview
- Steel pipes
- Seamless pipes
- Electric Resistance Welded Steel Pipes (ERW)
- Spun Pipes
- Ductile Iron Pipes in India
- Asbestos Cement (AC) Pipes
- Characteristic and Applications of HDPE Pipes
- Key characteristics of HDPE pipes
- Major applications of HDPE pipes
- 9. Industry Characteristics
- Capital Intensiveness and Fragmentation
- Lower Transportation Losses and Durability
- Cheap Mode of Transport
- Reputation and Accreditations
- Working Capital Intensive
- Duty Structure
- Quality Raw Material (RM) Availability
- Range of Products
- 10. Company Overview
- Welspun Corp Ltd
- Jindal Saw Ltd
- Maharashtra Seamless Ltd
- Man Industries (India) Ltd
- Electrosteel Castings Ltd
- The Indian Hume Pipe Co. Ltd
- Finolex Industries Ltd
- 11. Annexure
- Order Book Position of key pipe companies
- Key company-wise pipeline projects
- Existing Gas pipelines in India
- Existing and proposed product pipelines
- GAIL' s proposed pipeline expansion
- Spot OPEC Reference Basket Price (Average) - Oil ($/b)
- Proven Oil & Gas reserves
- Crude Oil Production (1,000 b/d)
- Consumption of refined products (1,000 b/d)
- Sales of leading players in steel pipes excluding seamless pipes
- Sales of seamless pipe players
- Sale of cement pipe player
- Sales of plastic pipe players
- Exports Data
- Chart representing Indian Pipes Industry according to usage
- Performance Global Pipe Companies
INDEX FIGURE
- 3. Demand & Supply
- Total global HSAW production
- Total global LSAW production
- Pipe penetration levels
- World energy consumption by fuel type - Historical and Forecasted
- Life Structure of gas pipeline
- Life Structure of Oil pipeline
- Worldwide OCTG market
- World OCTG consumption
- Premium worldwide OCTG consumption
- Major DI players and market share (based on capacity)
- Global Plastic Pipes Market
- Europe - Pipe consumption pattern
- US - Pipe consumption pattern
- Global per capita PVC market (Kg)
- 4. Demand Drivers
- Pipe demand drivers
- Sector wise break-up of demand drivers
- 6. Cost Analysis
- Domestic Prices: HR Coils
- Domestic Prices: Billets
- Domestic Prices - Cement (wholesale)
- Domestic Prices - PVC
- International - Ethylene Price Chart
- Domestic and International HDPE prices
- Polyethylene and Polypropylene domestic prices
- Baltic Dry Index
- Company-wise Cost Analysis Chart for FY09-10
- Average Industry Ratios - Margins and Profitability
- 8. Industry Overview
- Global GDP Growth Rate %
- Domestic GDP Growth Rate %
- Indian Rural - Urban population divide
- Dismal Sanitation Levels
- Classifications of Pipes
- Pipe manufacturing process
INDEX TABLE
- 2. Outlook and Challenges
- Global pipeline projects - Region wise demand till 2015
- Order book position of key pipe companies (as of 31st March 2011)
- Summary of Potential Pipe Demand for Indian Manufacturers
- 3. Supply -Demand
- Domestic SAW and Seamless pipes capacity scenario (FY2010)
- Global (excluding India) planned HSAW Pipe Capacities
- Globally planned LSAW Pipe Capacities
- Global (excluding India) planned ERW pipe capacities
- Major Transnational gas pipeline projects
- Major oil & gas pipeline projects planned in India
- Global pipeline projects - Region wise demand till 2015
- Several large pipeline projects planned in N. America
- Oil & gas pipeline mileage in US
- Existing Gas Pipelines in other Developed Nations
- Active Water Supply and Irrigation projects in India
- Current region-wise Gas Usage (%)
- Natural Gas Demand Break-up
- Exploratory and Development Drilling activities in India
- Metreage Drilled
- Global per capita Consumption of Plastics (kgs)
- Total Domestic Pipe demand
- Total Domestic Plastic Pipe Demand
- 5. Pricing Information
- Average price realisations of steel pipes
- Average price realisations of PVC Pipes
- Average price realisations of Cement Pipes
- 6. Cost Analysis
- RM expense as a % of total cost
- RM consumption
- RM Cost Analysis - Product-wise
- Operational Parameters - Cement
- HDPE India broad statistics
- Freight expense as a % of total cost
- Freight expense (Rs. cr.)
- Power & Fuel expense as a % of total cost
- Power & Fuel expense (Rs cr.)
- Average Industry Ratios
- 8. Industry Overview
- Applications of various types of steel / iron pipes and their other key
parameters
- 9. Industry Characteristics
- Certifications & Accreditations by major pipe companies
- Working Capital cycle
- RM price movement for key materials
- RM consumption details (FY2010)
|
