Steel Pipe Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027

Stainless Steel: For upon |Pipes are a prominent and integral part of every human being’s everyday life, which includes transporting water, oil & gas, sewage & sanitation, etc. Steel pipes are one of the types used in the pipe industry for both industrial and housing purposes. Steel pipes are categorized as carbon steel pipes, stainless steel pipes, and others. These pipes are mostly used in water supply and sewage systems due to their durability and low cost. Carbon steel pipes are usually used in industrial processes involving extreme cold, high heat, or for transporting gases, such as steam. Stainless steel has the quality to prevent oxidation and corrosion, which makes it a widely used material nowadays. One more category is structural steel pipes, used in the construction industry. Steel pipes are also used in numerous applications that involve the flow of fluid with a closed-loop. Stainless Steel.

Global Steel Pipe Market: Drivers

As the oil and gas industry is growing rapidly, the demand for steel pipes is also increasing. Features such as reliability and durability are some of the prominent factors driving the global demand for steel pipes. Steel pipes have a wide range of usability, they are used in the automotive, mining, and construction industries, which drives the manufacturing steel pipe industry. The available range of steel pipes becomes one of the reasons for surpassing the demand in the residential and non-residential sectors of steel pipes. The replacement of aging pipelines also increases the global demand for steel pipes. Stainless Steel.

Global Steel Pipe Market: Restraints

Substitutes such as iron and plastic pipes, which create diversions for the manufacturer towards other material pipes, are estimated to restrain the market growth. The corrosive behavior of carbon steel pipes is one of the restraining factors, and the high cost of stainless steel also hinders the growth of the global steel pipe market. Stainless Steel.

Global Steel Pipe Market: Segmentation

The global steel pipe market can be segmented on the basis of material type and application:

Based on the material type, the global steel pipe market is segmented as:

• Carbon Steel
• Alloy Steel
• Stainless Steel
• Tool Steel

Based on the application, the global steel pipe market is segmented as:

• Automotive industry
• Construction and mining
• Textile Machinery
• Chemicals
• Pharmaceuticals
• Energy industries
• Refinery Petrochemicals
• Oil and Gas Processing
• Water treatment facilities

Global Steel Pipe Market: Region-wise outlook

The Asia Pacific is estimated to have a major share in the global steel pipe market. China has many manufacturers in the steel pipe industry, which makes it a dominating player in the Asia Pacific market. The countries in North America, such as the U.S. and Canada with developed steel manufacturing industries, represent as prominent regional markets. Moreover, the U.S. has produced a wide range of products related to carbon and stainless steel. Stainless Steel.

The U.S. president Mr. Donald Trump also signed a memo for new steel pipelines with the use of U.S.-manufactured raw steel. Based on these factors, the U.S. is estimated to have a hefty market share in the steel pipe market globally. The replacement of aging pipelines in Europe is expected to gain high market growth over the coming years. Latin America has sluggish growth in the global steel pipe industry market. The Middle East and Africa are estimated to show sustainable growth due to rising oil and gas industries. Stainless Steel.

Global Steel Pipe Market: Participants

Examples of some of the participants in the global steel pipe market are:

• Arcelor Mittal
• American Cast Iron Pipe Company
• Baosteel Group corporation
• Evraz Plcevraz plc
• Anhui Tianda Oil Pipe Company Limited
• Hyundai Steel Company
• JFE Holdings Corporation
• Zekelman Industries
• Arabian Pipes Company
• Nippon Steel & Sumitomo metal corporation
• TMK Group
• United States Steel
• VALLOUREC
• Steel Authority of India (SAIL)
• Tata Iron and Steel,
• Jindal Vijaynagar Steel (JVSL),
• Essar Steel and Ispat Industries

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications,s, and industry. Stainless Steel.

The report covers exhaust analysis on:

• 1. Market Segments
• 2. Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

1. The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. 2. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. 3. The report also maps the qualitative impact of various market factors on market segments and geographies. Stainless Steel.

Report Highlights:

• Detailed overview of the parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint.

NOTE – All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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