Page 45 - ITAtube Journal 2 2025

Review
CAGR of 5.1% reaching a value of US$0.6 bn
by 2030.
Also, Saudi Arabia’s PVC pipes market
is promising. According to the market
research company Expert Market Research,
it reached a value of US$1 bn in 2024 and
is expected to increase at a CAGR of 6.8%
between 2025 and 2034 to reach a value of
about US$1.9 bn by 2034.
Electricity and water demand
The U.S. EIA reports that Saudi Arabia
generated 453 TWh of electricity in 2023,
with 62% from gas, 38% from oil and less
than 1% from renewables (Fig. 2).. Renewa-
ble output nevertheless tripled from 1 to 3
TWh in 2023. By 2030, Saudi Arabia wants
renewables to account for 50% of capacity,
with 21 GW of projects planned, including
9.7 GW by 2026. Electricity use rose from
372 TWh in 2021 to 393 TWh in 2022, grew
5% in 2023 and continues climbing. Water
desalination, once 6% of electricity con-
sumption, has expanded rapidly: in 2021
capacity was 6 million m³ per day, now it
stands at 15 million m³ across more than
40 plants — a volume comparable to global
daily oil production.
Outlook
Given demanding market requirements,
Saudi Arabia’s manufacturers of wires,
cables and tubular products need advanced
equipment. The wire and Tube fairs in
Riyadh provide a platform for presenting
innovations and for visitors to access the
latest industry knowledge.
Techday Budenheim
Budenheim successfully hosted
the first Techday EMEA at their
site in Budenheim, Germany
The event brought together key players from
shaping the seamless tubes market. This
the seamless tubes supply chain, including
input, alongside the technical lectures, was
Bemers & Co. Sprühtechnik und Vorrich-
highly appreciated by the attending Euro-
tungsbau GmbH, Deutsche Edelstahlwerke
pean customers.
and BRC. Over the course of the day, partic-
With close to 15 external representatives
ipants were offered an exclusive plant tour
present, the Techday fostered an open
and a series of seven expert presentations
exchange of ideas and perspectives. The
covering current topics and technological
constructive dialogue once again demon-
innovations in the industry.
strated the value of creating a platform that
Among the highlights was a contribution
connects different stakeholders along the
from the ITA International Tube Association,
supply chain and contributes to strength-
which provided a well-founded overview
ening collaboration and innovation in the
of the latest developments and challenges
industry.
ITAtube Journal August 2025 45
ITAtube Journal August 2025 45