Global Steel Pipe Market Size and Share | Forecast 2023 – 2032

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The Business Research Company’s Seamless Pipes Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Seamless Pipes Global Market Report 2023 evaluates seamless pipes market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global seamless pipes market is expected to grow from $272,732.4 million in 2026 at a CAGR of 4.6%, and to $345,549.3 million in 2031 at a CAGR of 4.8%.

During the forecast period, the growing oil and gas industry will support the growth of the seamless pipes market. The oil and gas sector is a major consumer of seamless pipes, including copper and carbon steel pipes, which are used in offshore rigs, oil and gas drilling, transportation and many other uses. The global oil and gas sector growth is anticipated to fuel the market’s expansion. It is estimated that in 2022, global oil and gas investments will increase by $26 billion from 2021 to reach $628 billion.  The increasing investments in the oil and gas industry will also support the market. For example, in July 2022, according to the International Trade Administration (ITA) (a US-based agency that promotes US exports of nonagricultural services and goods), Abu Dhabi National Oil Company (ADNOC), a UAE-based energy company, expects to reach 5 million barrels of maximum sustainable production capacity by 2030. ADNOC has planned to build a new 600,000 barrels per day refinery to expand the feedstock capacity of the Ruwais complex and increase refined product output beyond its current maximum capacity of 817,000 barrels per day.  Therefore, the growing oil and gas industry will drive the seamless pipes market growth.

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The seamless pipes market segments in the report are:

1) By Type: Hot Finished Seamless Pipes; Cold Drawn Seamless Pipes

2) By Materials: Steel And Alloys; Copper And Alloys; Nickel And Alloys; Magnesium Alloys; Other Materials

3) By Production Process: Continuous Mandrel Rolling; Mannesmann Plug Mill Process; Cross-Roll Piercing; Pilger Rolling

4) By Application: Oil And Gas; Building And Construction; Power Generation; Automotive; Aviation; Other Applications

 

The table of contents in TBRC’s seamless pipes market report includes:

1.Executive Summary

2.Table of Contents

3.List of Figures

4.List of Tables

5.Report Structure

 

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  1. Company Profiles
  2. Key Mergers And Acquisitions
  3. Global Seamless Pipes Market Opportunities And Strategies
  4. Seamless Pipes Market, Conclusions And Recommendations

23.Appendix

 

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