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.

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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).

Target Audience

Manufacturers of Seamless Pipes
Traders, Distributors, and Suppliers of Seamless Pipes
End-Use Industries Operating in the Seamless Pipes Supply Chain
Government and Research Organizations
Associations and Industrial Bodies
Project Contractors
Research and Consulting Firms
R&D Institutions
Environment Support Agencies
Investment Banks and Private Equity Firms

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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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]