Steel pipes are widely used for transporting fluid such as oil, water and gas. The utility of steel pipes varies with their quality, capacity and internal diameter. Steel pipes are further utilized in construction of buildings for carrying gas and water. Additionally, steel pipes offer various benefits over other materials, which includes ability to carry flammable gas along with high durability and display finer results in fire sprinkler system.
MARKET DYNAMICS
Global steel pipes market is predicted to expand at a compound annual growth rate (CAGR) of 3.6% for the forecast period 2020-2024. Additionally, the global market is expected to touch 79.9 Million metric tons by the end of forecast period. Increasing construction activities across the globe and development of oil & gas industrial sectors are some influential factors which are estimated to foster the growth of steel pipe market.
MARKET SCOPE
The "Global Steel Pipe Market Analysis to 2028" is a specialized and in-depth study of the steel pipe market with a special focus on the global market trend analysis. The report aims to provide an overview of steel pipe market with detailed market segmentation by product, pressure, and geography. The global steel pipe market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steel pipe market players and offers key trends and opportunities in the steel pipe market.
MARKET SEGMENTATION
The global steel pipe market is segmented on the basis of product and pressure. On the basis of product, the market is segmented as carbon steel pipe, alloy steel pipe, stainless steel pipe and others. On the basis of pressure, the market is segmented as high pressure, medium pressure and low pressure.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global steel pipe market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel pipe market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting steel pipe market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the steel pipe market in these regions.
MARKET PLAYERS
The reports cover key developments in the steel pipe market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from steel pipe market are anticipated to lucrative growth opportunities in the future with the rising demand for steel pipe market. Below mentioned is the list of few companies engaged in the steel pipe market.
The report also includes the profiles of key steel pipe market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ArcelorMittal
- Cimco Europe
- IPP Group
- JFE Steel Corporation
- NIPPON STEEL CORPORATION
- Techint Group
- Tenaris
- VALLOUREC
- ZAFFERTEC S.L.
- Zekelman Industries
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.