Seamless Pipes Market was estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
To define and segment the seamless pipes market by type, material, production process, end-use industry, and region
To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market
To analyze and forecast the demand for seamless pipes, in terms of value and volume
To analyze recent developments, such as facility & capacity expansions, partnerships & collaborations, and new product developments of key players operational in the market
To analyze the opportunities in the seamless pipes market for stakeholders and details of the competitive landscape of market leaders
Research Methodology -
The research methodology used to estimate and forecast the seamless pipes market began with capturing data on key vendor revenues through secondary sources, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites and databases. The vendor offerings were taken into consideration to determine the market segmentation.
Based on End-use Industry:
Oil & Gas
Infrastructure & Construction
Power Generation
Automotive
Engineering
Others
Seamless pipes are manufactured using varied materials, such as steel & alloys, copper & alloys, and nickel & alloys, among others. Based on material, the steel & alloys segment is estimated to be the largest segment of the seamless pipes market in 2017. Steel is one of the key materials preferred for the manufacturing of seamless pipes, owing to its high strength and durability of seamless steel pipes.
♦ Major Key Players -
Volatility in raw material prices can restrain the growth of the seamless pipes market. Key players operating in the market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain). Key companies in the market adopted strategies, such as expansions and agreements to meet the growing demand for seamless pipes and increase their market shares.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The report “Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022”, The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
To define and segment the seamless pipes market by type, material, production process, end-use industry, and region
To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market
To analyze and forecast the demand for seamless pipes, in terms of value and volume
To estimate, analyze, and forecast the seamless pipes market with respect regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa and key countries in the region.
The seamless pipes market has a diversified ecosystem, which includes seamless pipe manufacturers, raw material suppliers, along with project contractors and service providers, vendors, end users, and government organizations. Companies operating in the global seamless pipes market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (U.S.), Schulz USA (U.S.), ChelPipe (Russia), EVRAZ Plc (U.K.), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
The following customization options are available for the report:
Along with the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Product matrix, which gives a detailed comparison of new products and market trends in each industry
Further breakdown of a region with respect to a particular country and end-use industry
Detailed analysis and profiles of companies in various end-use industries (up to five)
Contact: Mr. Sanjay Gupta MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/
The report "Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022", The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
Browse 107 Market Data Tables and 53 Figures spread through 169 Pages and in-depth TOC
Major Key Players -
Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.
Based on production process, the cross-roll piercing & pilger rolling segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period
Based on production process, the cross-roll piercing & pilger rolling production process segment is expected to witness the highest growth during the forecast period. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
The report"Seamless Pipes Marketby Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022", The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.
The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022. The demand for seamless pipes is mainly driven by the growing consumption of seamless pipes in different end-use industries. The demand for seamless pipes is expected to be the highest in the oil & gas industry. Thus, the growth of the oil & gas industry in emerging markets, such as China, India, and Brazil is expected to fuel the demand for seamless pipes. Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK), Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
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Expansions and agreements are the key strategies adopted by key companies to strengthen their sales and distribution network in the seamless pipes market. These companies also invested in R&D activities to enhance their market visibility and strengthen their position in the market.
Nippon Steel & Sumitomo Metal Corporation is one of the leading producers of seamless pipes. The company has an extensive customer base and presence in various regions across the globe. In April 2017, the company established a joint venture, VAM BRN SDN BHD (VAM BRN), with Sumitomo Corporation (Japan) and Vallourec Tubes S.A.S. (France). The new plant has a capacity of producing 18,000 tons of Oil Country Tubular Goods (OCTG) pipes per year. In January 2017, the company received a supply contract extension from Petroleum Development Oman. The contract will help the company to establish its brand image in the market.
Speak to Analyst: http://bit.ly/2TJfe0h Table of Contents
1 Introduction (Page No. - 15) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.4 Currency 1.5 Stakeholders 1.6 Limitations
2 Research Methodology (Page No. - 19) 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.1.2.2 Key Industry Insights 2.1.2.3 Breakdown of Primary Interviews 2.2 Market Size Estimation 2.2.1 Bottom-Up Approach 2.2.2 Top Down Approach 2.3 Data Triangulation 2.4 Research Assumptions
Seamless Pipes Market worth 237.11 Billion USD by 2022ArcelorMittal S.A. is another leading producer of seamless pipes. The company manufactures and distributes a wide range of tubular products for industries, such as oil & gas, and power generation, among others. In February 2014, the company increased the annual production capacity of its seamless pipe manufacturing plant in the Czech Republic from 24,000 tons to 42,000 tons. The expansion will help the company meet the increasing demand for seamless pipes across the globe.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com
The report "Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022", The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.
Based on production process, the cross-roll piercing & pilger rolling segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period
Based on production process, the cross-roll piercing & pilger rolling production process segment is expected to witness the highest growth during the forecast period. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
Asia Pacific is expected to be the fastest-growing market for seamless pipes during the forecast period
The seamless pipes market in Asia Pacific is expected to witness the highest growth during the forecast period. China, India, Japan, Taiwan, and South Korea are key countries contributing to the high demand for seamless pipes in Asia Pacific. Increasing industrialization and rapid infrastructural development in the region offer opportunities for the growth of the market. Seamless pipes are widely used in various applications in the infrastructure & construction industry, owing to their properties, such as high strength, thermal resistance, corrosion resistance, and chemical resistance.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com
[169 Pages Report] on Seamless Pipes Market was estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.
Based on production process, the cross-roll piercing & pilger rolling segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period
Based on production process, the cross-roll piercing & pilger rolling production process segment is expected to witness the highest growth during the forecast period. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
Asia Pacific is expected to be the fastest-growing market for seamless pipes during the forecast period
The seamless pipes market in Asia Pacific is expected to witness the highest growth during the forecast period. China, India, Japan, Taiwan, and South Korea are key countries contributing to the high demand for seamless pipes in Asia Pacific. Increasing industrialization and rapid infrastructural development in the region offer opportunities for the growth of the market. Seamless pipes are widely used in various applications in the infrastructure & construction industry, owing to their properties, such as high strength, thermal resistance, corrosion resistance, and chemical resistance.
Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com
[169 Pages Report] on Seamless Pipes Market was estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.
Some of the key players in the seamless pipes market include Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
Based on type, the hot finished seamless pipes segment is expected to be a faster-growing segment of the seamless pipes market
Based on type, the hot finished seamless pipes type segment is expected to witness the highest growth, due to the growing use of hot finished seamless pipes across various industries, such as oil & gas, power generation, infrastructure & construction, and automotive. Hot finished seamless pipes are cost-effective. These pipes have good machinability and are often preferred for projects that require high strength and close tolerance.
Based on production process, the cross-roll piercing & pilger rolling segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period
Based on production process, the cross-roll piercing & pilger rolling production process segment is expected to witness the highest growth during the forecast period. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
Asia Pacific is expected to be the fastest-growing market for seamless pipes during the forecast period
The seamless pipes market in Asia Pacific is expected to witness the highest growth during the forecast period. China, India, Japan, Taiwan, and South Korea are key countries contributing to the high demand for seamless pipes in Asia Pacific. Increasing industrialization and rapid infrastructural development in the region offer opportunities for the growth of the market. Seamless pipes are widely used in various applications in the infrastructure & construction industry, owing to their properties, such as high strength, thermal resistance, corrosion resistance, and chemical resistance.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
