Opportunities for the Steel Pipe Market in the United States


Posted March 5, 2021 by hiteshchawra

Opportunities for the Steel Pipe Market in the United States

 
"According to a new country report published by Lucintel, the future of the steel pipe market in the United States looks promising with opportunities in oil and gas, water and wastewater, power generation, automotive, and other industrial sector. The market in the United States is primarily driven by increasing construction of new pipelines, replacement of aging pipelines, urbanization rate, and infrastructure development.

This report studies factors affecting the market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that carbon steel pipe is expected to remain the largest segment over the forecast period due to increasing demand for carbon steel pipes due to growth in oil and gas, power generation and automotive industries. Within the market in the United States, oil and gas will remain the largest end use segment during the forecast period due to rising oil and gas exploration, which also leads to more pipes needed for production, transportation, and distribution infrastructure of oil and gas.

Emerging trends which have a direct impact on the dynamics of the steel pipe industry include the increasing use of premium and technically advanced pipe by using dopeless technology and increasing use of multilayer pipes for strength and durability.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Steel Pipe Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the steel pipe market in the United States by end use, material, diameter, and pressure ratings as follows:

Steel Pipe Market by End Use [Value ($Billion) and Volume (Kilotons) from 2014 to 2025]:
• Oil and Gas
• Automotive
• Potable Water
• Wastewater
• Power Generation
• Others
Steel Pipe Market by Product [Value ($Billion) from 2014 to 2025]:
• Seamless Pipe
• Welded Pipe
Steel Pipe Market by Material [Value ($ Billion) from 2014 to 2025]:
• Carbon Steel Pipe
• Stainless Steel Pipe
• Others
Steel Pipe Market by Diameter [Value ($ Billion) from 2014 to 2025]:
• Small Diameter Pipes
• Large Diameter Pipes
Steel Pipe Market by Pressure Rating [Value ($ Billion) from 2014 to 2025]:
• 0-300 psi
• >300-1000 psi
• >1000-3000 psi
• 3000 and Above psi

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/steel-pipe.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Categories Aerospace , Architecture , Blogging
Last Updated March 5, 2021