Seamless Pipes Market is Expected to Reach Worth 237.11 Billion USD by 2022


Posted November 22, 2018 by abhijeetw1

[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.

 
[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.

Download Free PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107715353

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:

Hot Finished Seamless Pipes
Cold Finished Seamless Pipes
Based on Materials:

Steel & Alloys
Copper & Alloys
Nickel & Alloys
Others
Based on End-use Industry:

Oil & Gas
Infrastructure & Construction
Power Generation
Automotive
Engineering
Others
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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: [email protected]
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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags seamless pipes , seamless pipes market
Last Updated November 22, 2018