Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Tuesday, August 16, 2022

Lucintel Forecasts Metal Pipe Market to Reach $109 Billion by 2027

According to the recent study the metal pipe market is projected to reach an estimated $109 billion by 2027 from $90.9 billion in 2021, at a CAGR of 2.7 from 2021 to 2027. Growth in this market is primarily driven by increasing construction of new pipelines for oil and gas, water and wastewater, replacement of aging pipelines, and infrastructure development.

Browse 129 figures / charts and 102 tables in this 195 -page report to understand trends, opportunities and forecast in metal pipe market by end use industry (oil and gas, potable water, wastewater, power generation, automotive, HVAC and electrical, and others), material (steel pipes, ductile iron pipes, copper pipes, and other material pipes), diameter (small diameter pipes (up to 15 inches) and large diameter pipes (15 inches and above), pressure ratings (0-300 psi, 300-1000 psi, 1000- 3000 psi, and 3000 and above psi pressure pipes), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on https://www.lucintel.com/metal-pipe-market.aspx.

“Steel pipes market is expected to remain the largest segment during the forecast period.”

Based on material, the metal pipe market is segmented into steel pipes, ductile iron pipes, copper pipes, and other material pipes. Lucintel forecasts that the steel pipes market is expected to remain the largest segment due to increasing demand in oil and gas, power generation and automotive industries.

“Within the metal pipe market, the oil and gas segment is expected to remain the largest end use industry.”

Based on end use industry the oil and gas segment is expected to witness the highest growth over the forecast period due to increase in oil and gas exploration and production activities.

“North America will dominate the metal pipe market in near future.”

North America is expected to remain the largest region due to increase in oil and gas exploration activities. APAC is expected to witness the highest growth over the forecast period due to increasing infrastructure development, urbanization, and government economic stimulus measures in this region.

Download Brochure of this report by clicking on https://www.lucintel.com/metal-pipe-market.aspx

Major players of metal pipe market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Tenaris, Vallourec, TMK, Saint Gobain, ArcelorMittal, Nippon Steel and Sumitomo Metals, United States Steel Corporation, Mueller Industries, Kaiser Aluminum, Amiantit, and Northwest Pipe are among the major metal pipe providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/metal-pipe-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

Related reports

Industrial Pipe Market:

For more details click here https://www.lucintel.com/industrial-pipe-market.aspx

 

Indian Plastic Pipe Market:

For more details click here https://www.lucintel.com/indian-plastic-pipe-market-2016-2021.aspx

 

Hose Pipe Market:

For more details click here https://www.lucintel.com/hose-pipe-market.aspx

 

Plastic Pipe Market:

For more details click here https://www.lucintel.com/plastic-pipe-markets.aspx

 

Steel Pipe Market:

For more details click here https://www.lucintel.com/steel-pipe-market.aspx

 

Chemical Storage Tank  Market:

For more details click here https://www.lucintel.com/chemical-storage-tank-market.aspx

 

Metal Tank Market:

For more details click here https://www.lucintel.com/metal-tank-market.aspx

 

Seamless Steel Pipes Market:

For more details click here https://www.lucintel.com/industrial-seamless-steel-pipe-market.aspx

 

Plastic Water Storage Tank Market:

For more details click here https://www.lucintel.com/plastic-water-storage-tank-market.aspx  

 

Water Storage Tank Market:

For more details click here https://www.lucintel.com/water-storage-tank-market.aspx

No comments:

Post a Comment