Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Steel Pipe Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.2 % during the review period (2022 to 2027).
Global Steel Pipe Market is comprehensive research that delivers info about Steel Pipe market size, trends, growth, cost construction, capacity, revenue, and forecast for 2027. This report also includes the overall study of the Steel Pipe Market share with all its landscapes winning the growth of the market. This report is full measurable studies of the Steel Pipe industry and provides data for making plans to increase Steel Pipe market growth and effectiveness. The report further investigates and measures the current landscape of the ever-evolving commercial sector and the current and future effects of COVID-19 on the Steel Pipe market.Steel pipes are used for the transport of gas & liquid. They are generally manufactured by low alloy or carbon steel. The inside diameter, ductility, yield strength, and pressure rating are some of the key features considered though selecting pipes for specific applications. The U.S. oil & gas industry is among the main end-users for Steel Pipe. The product is used in upstream, midstream as well as downstream processing of crude oil. The market is anticipated to register steady growth over the forecast period owing to the developments in the U.S. oil & gas industry.
The Steel Pipe Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Youfa Steel Pipe Group, TMK Group, Nippon Steel, TPCO, JFE Steel Corporation, OMK, Tenaris, Jindal Saw, Hengyang Valin Steel Tube, Severstal, ChelPipe Group, VALLOUREC, Evraz, China Baowu Steel Group, SeAH Holdings Corp, Hyundai Steel, American Cast Iron Pipe Company, Tata Steel, Arabian Pipes Company, Essar Steel and Ispat Industries, Arcelormittal, Zekelman Industries, JSW Steel Ltd, Kingland & Pipeline Technologies, APL Apollo, United States Steel Corporation, Nucor Corporation
February 28, 2022: Tata Steel Tubes Division has expanded its branded products and retail solutions by launching ‘Tata EzyFit’, a brand of innovative tubes for door and window frames. Since steel is 100 percent recyclable, these tubes are sustainable. This is yet another initiative by the Company towards saving trees and nature conservation.
By Types, it is segmented into
By Applications, it is segmented into
Asia Pacific emerged as the leading regional market in 2019 and accounted for a revenue share of over 44%. The region is estimated to grow further at the fastest CAGR from 2020 to 2027 due to rising product consumption in the region. China, Japan, South Korea, Southeast Asia, and India are the major product consumers in the region owing to the presence of huge manufacturing, petroleum, and petrochemical sector.
The Steel Pipe Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Steel Pipe Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 6.2% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Thermo Fisher Scientific, Bruker Corp., Danish Micro Engineering (DME), Hitachi High-Technologies Corporation, Jeol Ltd., Carl Zeiss, Advantest, |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages |
150
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Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Steel Pipe Market is studied from 2022-2027.
Who are the Prime players in the Steel Pipe Market?
Youfa Steel Pipe Group, TMK Group, Nippon Steel, TPCO, JFE Steel Corporation, OMK, Tenaris, Jindal Saw, Hengyang Valin Steel Tube, Severstal, ChelPipe Group
Which region held the largest share in the Steel Pipe Market?
United States, Europe, China, Japan, Southeast Asia, India and Rest of World
What are the significant types of Steel Pipe Market?
Welded Steel Pipe, Seamless Steel Pipe, Welded Steel Pipe had a market share of 65% in 2018
What are the major applications of Steel Pipe Market?
Water, Oil & Gas, Chemical Industry, Other
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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