Global Seamless Pipes Market is valued at approximately XX in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2028. Seamless pipes are those that have no welding seams or joints at all. Even in situations of extreme temperature, pressure, and chemical reactions, seamless pipes offer greater physical strength and corrosion resistance. The primary factor driving the market growth rate is the rise in demand for seamless pipes from the automotive and transportation sectors. Increased oil and gas exploration activities, expanding use of high seamless pipes due to their advantages in high pressure, temperature, mechanical stress, and corrosive environments, and growth and expansion of different end-user verticals in emerging economies will all have a direct and positive impact on the market’s growth rate. The market growth rate will be slowed down by high costs related to R&D, higher prices for seamless pipes compared to alternatives, rising import and export tariffs, and stringent international trade regulations. The market’s potential for growth will also be constrained by fierce price competition from Chinese producers and the prevalence of low cost alternatives in the marketplace. However, over the forecast period, increasing investment in the construction of oil and natural gas pipelines is anticipated to fuel demand for seamless pipes. In the infrastructure and construction industries, seamless pipes are becoming more and more popular, especially for the transportation of sewage and water.
The key regions considered for the global Seamless Pipes market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Because of its well-established chemical industry, the North American region dominates the market for seamless pipes. The Asia-Pacific region is anticipated to experience the highest growth rate due to the region’s growing transportation industry demand, increased demand from various end-use industries, increased research and development activities, competitive prices provided by manufacturers, and government investment policies intended to increase industrial growth.
Major market players included in this report are:
Nippon Steel & Sumitomo Metal Corporation
JFE Holdings, Inc.
United States Steel Corporation
PJSC Chelyabinsk Pipe-Rolling Plant
Jindal Saw Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Hot Finished Seamless Pipes
Cold Finished Seamless Pipes
Steel & Alloys
Copper & Alloys
Nickel & Alloys
By Production Process:
Continuous Mandrel rolling
Multi-stand Plug Mill
Cross-roll Piercing & Pilger Rolling
By End-use Industry:
Oil & Gas
Infrastructure & Construction
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Seamless Pipes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers