Increasing global demand for energy has led to a rise in exploration activities and investments in the oil & gas industry. The increasing demand for high-performance tubular products from the growing oil & gas industry is expected to be a major factor expected to drive the growth of the seamless pipes market. Seamless pipes are preferred over welded pipes in the oil & gas industry, as seamless pipes have high corrosion resistance and a better strength to weight ratio.

Browse 107 Market Data Tables and 53 Figures spread through 169 Pages and in-depth TOC on "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"

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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 mach inability and are often preferred for projects that require high strength and close tolerance.

Forecasts:

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.
Seamless Pipes Market
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.

Seamless pipes can be manufactured using three processes, namely, continuous mandrel rolling, multi-stand plug mill, and cross-roll piercing & pilger rolling. The cross-roll piercing & pilger rolling segment of the seamless pipes market is estimated to be the largest segment of the market in 2017. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.

Major Key Players:

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).