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Seamless Pipes Market by Type, Production Process, Cross-roll Piercing & Pilger Rolling, Material, End-use Industry, and Region - Global Forecast to 2022

Seamless Pipes Market: Global Forecast until 2022

  • July 2017
  • 171 pages
  • ID: 5001220
In this report:
The oil & gas end-use industry accounted for a share of ##.##% of the US seamless pipes market in 2016 The consumption in the infrastructure & construction segment is estimated to be ##,##.## KT in 2017 and is projected to reach ##,##.## KT by 2022, at the highest CAGR of ##.##% from 2017 to 2022.
The consumption of seamless pipes in the infrastructure & construction industry in Asia Pacific is expected to grow from an estimated ##,##.## KT in 2017 to ##,##.## KT by 2022, at the highest CAGR of ##.##% from 2017 to 2022.

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"The seamless pipes market is estimated to rise at a compound annual growth rate of 5.20 percent between 2017 and 2022, in terms of value importance"

The seamless pipes market is forecasted to be ~$183.8B in 2017 and is projected to extend ~$237.1B by 2022, at a compound annual growth rate of 5.20 percent during the forecast period. The market demand for seamless pipes is mainly driven by the growing demand for seamless pipes from the oil & gas industry. Growing overall demand for energy has led to a increase in exploration activities and market investments in the oil & gas sector. The significant increase of the oil & gas market in emerging sectors, such as china (CN), India (IN), and Brazil (BR) is predicted to push the demand for seamless pipes. Nevertheless, volatile raw material prices can restrain the rise of the seamless pipes market.

"Established on category, the hot finished seamless pipes market is projected to be a larger segment of the seamless pipes market in 2017"

The hot finished seamless pipes segment is envisaged to be a larger segment of the market in 2017, due to the extensive use of hot finished seamless pipes across end-use markets, including oil & gas, infrastructure & construction, and power generation, and among others.

"Established on production process, cross-roll piercing & pilger rolling segment is planned to be the most important segment of the overall seamless pipes market in 2017"

The cross-roll piercing & pilger rolling segment is anticipated to be the biggest segment of the seamless pipes market in 2017, due to the due to the simplicity of the process as distinguished to the other seamless pipes manufacturing processes, including multi-stand plug mill and continuous mandrel rolling.

"Established on material, the nickel & alloys segment is anticipated to be the quickest-increasing segment of the seamless pipes market during the outlook period"

The nickel & alloys segment of the seamless pipes market is anticipated to witness the highest increase during the estimate period. This high increase can be accredited to the growing use of nickel & alloys to manufacture seamless pipes, especially in the power generation, aerospace & defense, and chemicals sectors.

"Established on end-use sector, the oil & gas segment is intended to be the most important segment of the market in 2017."

Established on end-user market, the oil & gas segment is forecasted to be the biggest segment of the market in 2017. Seamless pipes are mainly used in the transport of oil and gas in the oil & gas sector and in several drilling activities.

"APAC is forecasted to dominate the overall seamless pipes market during the outlook period"

Asia-Pac is anticipated to lead the overall seamless pipes market. The increase of the Asia Pacific seamless pipes market is mainly driven by the rise in the infrastructure & construction market in the territory. Seamless pipes are used in water supply, sewage transport, and so on.

Profile break-up of primary participants for the market research:

• By Company category: Tier 1 - 21.0 percent, Tier 2 - 36.0 percent and Tier 3 - 43.0 percent

• By Description: C-suite - 24.0 percent, D-suite - 42.0 percent, and Others - 34.0 percent

• By Area: Asia Pacific (APAC) - 50.0 percent, North America continent - 20.0 percent, Europe (EU) - 18.0 percent, Middle East (ME) & Africa- 5.0 percent, and South America region - 7.0 percent

Moreover, as a part of qualitative analysis, the industry research offers a comprehensive review of market drivers, business restraints, alternatives, and opportunities. It also considers competitive landscape approved by different market actors, including Nippon Steel & Sumitomo Metal Corporation, ArcelorMittal SA, JFE Steel Corporation, Tenaris S.A., Vallourec AG, IPP Europe Ltd. Zaffertec S.L., Cimco Europe, Wheatland Tube Company, Techint Group SpA, ISMT Ltd., ALCO SAS, Shalco Industries Pvt. Ltd., UMW Group, United Seamless Tubulaar Pvt. Ltd., Jindal Saw Ltd., Tianjin Pipe Corporation, PAO TMK, Sandvik AB, United States Steel Corporation, Schulz USA, ChelPipe, EVRAZ Plc, Salzgitter Mannesmann Stainless Tubes GmbH, and Tubos Reunidos, S.A..

Segment Research

The industry report defines, segments, and projects the overall seamless pipes market established on category, production process, material, end-use sector, and area. It offers exhaustive information concerning top factors influencing the increase of the market, including drivers, industry restraints, possibilities, and market-specific challenges. It strategically profiles top actors and comprehensively analyzes their share of market and core competencies as well as tracks and analyzes competitive developments including partnerships, contracts, joint ventures (JV), mergers & acquisitions, business developments, recent product launches, and analysis & growth activities in the sector.

Why acquiring this study can help you:

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of revenue numbers of the overall seamless pipes market and its sub-segments. This industry report will also assist partners better comprehend the competitor overview, gain additional insights to better option their businesses, and make suitable go-to-market approaches. The market research will facilitate partners comprehend the pulse of the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

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