Steel Pipe Market Developments by 2031
Steel pipes are widely used for transporting fluid such as oil, water and gas. The utility of steel pipes varies with their quality, capacity and internal diameter. Steel pipes are further utilized in construction of buildings for carrying gas and water. Additionally, steel pipes offer various benefits over other materials, which includes ability to carry flammable gas along with high durability and display finer results in fire sprinkler system.
MARKET DYNAMICS
Global steel pipes market is predicted to expand at a compound annual growth rate (CAGR) of 3.6% for the forecast period 2021-2024. Additionally, the global market is expected to touch 79.9 Million metric tons by the end of forecast period. Increasing construction activities across the globe and development of oil & gas industrial sectors are some influential factors which are estimated to foster the growth of steel pipe market.
MARKET SCOPE
The "Global Steel Pipe Market Analysis to 2031" is a specialized and in-depth study of the steel pipe market with a special focus on the global market trend analysis. The report aims to provide an overview of steel pipe market with detailed market segmentation by product, pressure, and geography. The global steel pipe market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading steel pipe market players and offers key trends and opportunities in the steel pipe market.
MARKET SEGMENTATION
The global steel pipe market is segmented on the basis of product and pressure. On the basis of product, the market is segmented as carbon steel pipe, alloy steel pipe, stainless steel pipe and others. On the basis of pressure, the market is segmented as high pressure, medium pressure and low pressure.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global steel pipe market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel pipe market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting steel pipe market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the steel pipe market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global steel pipe market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The steel pipe market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting steel pipe market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the steel pipe market in these regions.
MARKET PLAYERS
The reports cover key developments in the steel pipe market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from steel pipe market are anticipated to lucrative growth opportunities in the future with the rising demand for steel pipe market. Below mentioned is the list of few companies engaged in the steel pipe market.
The report also includes the profiles of key steel pipe market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ArcelorMittal
- Cimco Europe
- IPP Group
- JFE Steel Corporation
- NIPPON STEEL CORPORATION
- Techint Group
- Tenaris
- VALLOUREC
- ZAFFERTEC S.L.
- Zekelman Industries
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Steel Pipe Market - By Product
1.3.2 Steel Pipe Market - By Pressure
1.3.3 Steel Pipe Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. STEEL PIPE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. STEEL PIPE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. STEEL PIPE MARKET - GLOBAL MARKET ANALYSIS
6.1. STEEL PIPE - GLOBAL MARKET OVERVIEW
6.2. STEEL PIPE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. STEEL PIPE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CARBON STEEL PIPE
7.3.1. Overview
7.3.2. Carbon Steel Pipe Market Forecast and Analysis
7.4. ALLOY STEEL PIPE
7.4.1. Overview
7.4.2. Alloy Steel Pipe Market Forecast and Analysis
7.5. STAINLESS STEEL PIPE
7.5.1. Overview
7.5.2. Stainless Steel Pipe Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. STEEL PIPE MARKET - REVENUE AND FORECASTS TO 2028 - PRESSURE
8.1. OVERVIEW
8.2. PRESSURE MARKET FORECASTS AND ANALYSIS
8.3. HIGH PRESSURE
8.3.1. Overview
8.3.2. High Pressure Market Forecast and Analysis
8.4. MEDIUM PRESSURE
8.4.1. Overview
8.4.2. Medium Pressure Market Forecast and Analysis
8.5. LOW PRESSURE
8.5.1. Overview
8.5.2. Low Pressure Market Forecast and Analysis
9. STEEL PIPE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Steel Pipe Market Overview
9.1.2 North America Steel Pipe Market Forecasts and Analysis
9.1.3 North America Steel Pipe Market Forecasts and Analysis - By Product
9.1.4 North America Steel Pipe Market Forecasts and Analysis - By Pressure
9.1.5 North America Steel Pipe Market Forecasts and Analysis - By Countries
9.1.5.1 United States Steel Pipe Market
9.1.5.1.1 United States Steel Pipe Market by Product
9.1.5.1.2 United States Steel Pipe Market by Pressure
9.1.5.2 Canada Steel Pipe Market
9.1.5.2.1 Canada Steel Pipe Market by Product
9.1.5.2.2 Canada Steel Pipe Market by Pressure
9.1.5.3 Mexico Steel Pipe Market
9.1.5.3.1 Mexico Steel Pipe Market by Product
9.1.5.3.2 Mexico Steel Pipe Market by Pressure
9.2. EUROPE
9.2.1 Europe Steel Pipe Market Overview
9.2.2 Europe Steel Pipe Market Forecasts and Analysis
9.2.3 Europe Steel Pipe Market Forecasts and Analysis - By Product
9.2.4 Europe Steel Pipe Market Forecasts and Analysis - By Pressure
9.2.5 Europe Steel Pipe Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Steel Pipe Market
9.2.5.1.1 Germany Steel Pipe Market by Product
9.2.5.1.2 Germany Steel Pipe Market by Pressure
9.2.5.2 France Steel Pipe Market
9.2.5.2.1 France Steel Pipe Market by Product
9.2.5.2.2 France Steel Pipe Market by Pressure
9.2.5.3 Italy Steel Pipe Market
9.2.5.3.1 Italy Steel Pipe Market by Product
9.2.5.3.2 Italy Steel Pipe Market by Pressure
9.2.5.4 United Kingdom Steel Pipe Market
9.2.5.4.1 United Kingdom Steel Pipe Market by Product
9.2.5.4.2 United Kingdom Steel Pipe Market by Pressure
9.2.5.5 Russia Steel Pipe Market
9.2.5.5.1 Russia Steel Pipe Market by Product
9.2.5.5.2 Russia Steel Pipe Market by Pressure
9.2.5.6 Rest of Europe Steel Pipe Market
9.2.5.6.1 Rest of Europe Steel Pipe Market by Product
9.2.5.6.2 Rest of Europe Steel Pipe Market by Pressure
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Steel Pipe Market Overview
9.3.2 Asia-Pacific Steel Pipe Market Forecasts and Analysis
9.3.3 Asia-Pacific Steel Pipe Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Steel Pipe Market Forecasts and Analysis - By Pressure
9.3.5 Asia-Pacific Steel Pipe Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Steel Pipe Market
9.3.5.1.1 Australia Steel Pipe Market by Product
9.3.5.1.2 Australia Steel Pipe Market by Pressure
9.3.5.2 China Steel Pipe Market
9.3.5.2.1 China Steel Pipe Market by Product
9.3.5.2.2 China Steel Pipe Market by Pressure
9.3.5.3 India Steel Pipe Market
9.3.5.3.1 India Steel Pipe Market by Product
9.3.5.3.2 India Steel Pipe Market by Pressure
9.3.5.4 Japan Steel Pipe Market
9.3.5.4.1 Japan Steel Pipe Market by Product
9.3.5.4.2 Japan Steel Pipe Market by Pressure
9.3.5.5 South Korea Steel Pipe Market
9.3.5.5.1 South Korea Steel Pipe Market by Product
9.3.5.5.2 South Korea Steel Pipe Market by Pressure
9.3.5.6 Rest of Asia-Pacific Steel Pipe Market
9.3.5.6.1 Rest of Asia-Pacific Steel Pipe Market by Product
9.3.5.6.2 Rest of Asia-Pacific Steel Pipe Market by Pressure
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Steel Pipe Market Overview
9.4.2 Middle East and Africa Steel Pipe Market Forecasts and Analysis
9.4.3 Middle East and Africa Steel Pipe Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Steel Pipe Market Forecasts and Analysis - By Pressure
9.4.5 Middle East and Africa Steel Pipe Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Steel Pipe Market
9.4.5.1.1 South Africa Steel Pipe Market by Product
9.4.5.1.2 South Africa Steel Pipe Market by Pressure
9.4.5.2 Saudi Arabia Steel Pipe Market
9.4.5.2.1 Saudi Arabia Steel Pipe Market by Product
9.4.5.2.2 Saudi Arabia Steel Pipe Market by Pressure
9.4.5.3 U.A.E Steel Pipe Market
9.4.5.3.1 U.A.E Steel Pipe Market by Product
9.4.5.3.2 U.A.E Steel Pipe Market by Pressure
9.4.5.4 Rest of Middle East and Africa Steel Pipe Market
9.4.5.4.1 Rest of Middle East and Africa Steel Pipe Market by Product
9.4.5.4.2 Rest of Middle East and Africa Steel Pipe Market by Pressure
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Steel Pipe Market Overview
9.5.2 South and Central America Steel Pipe Market Forecasts and Analysis
9.5.3 South and Central America Steel Pipe Market Forecasts and Analysis - By Product
9.5.4 South and Central America Steel Pipe Market Forecasts and Analysis - By Pressure
9.5.5 South and Central America Steel Pipe Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Steel Pipe Market
9.5.5.1.1 Brazil Steel Pipe Market by Product
9.5.5.1.2 Brazil Steel Pipe Market by Pressure
9.5.5.2 Argentina Steel Pipe Market
9.5.5.2.1 Argentina Steel Pipe Market by Product
9.5.5.2.2 Argentina Steel Pipe Market by Pressure
9.5.5.3 Rest of South and Central America Steel Pipe Market
9.5.5.3.1 Rest of South and Central America Steel Pipe Market by Product
9.5.5.3.2 Rest of South and Central America Steel Pipe Market by Pressure
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. STEEL PIPE MARKET, KEY COMPANY PROFILES
11.1. ARCELORMITTAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CIMCO EUROPE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. IPP GROUP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. JFE STEEL CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NIPPON STEEL CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TECHINT GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TENARIS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. VALLOUREC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ZAFFERTEC S.L.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZEKELMAN INDUSTRIES
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ArcelorMittal
2. Cimco Europe
3. IPP Group
4. JFE Steel Corporation
5. NIPPON STEEL CORPORATION
6. Techint Group
7. Tenaris
8. VALLOUREC
9. ZAFFERTEC S.L.
10. Zekelman Industries
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.