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Thursday, May 25, 2023

Steel pipe is expected to remain the largest segment in the global industrial pipe market

An exciting new study from the team of Lucintel found that industrial pipe market is expected to reach $21.7 billion by 2028 with a CAGR of 3.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

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

The industrial pipe market is segmented based on material, diameter, end use industry, and region. In this market, steel pipe is expected to remain the largest material, and petrochemical segment is expected to remain the largest technology. Players can benefit from the available opportunities like increasing infrastructure development, urbanization and government economic stimulus measures in this region.

Increasing use of premium and technically advanced pipe and increasing focus on pipe strength and durability are emerging trends having impact on dynamics of the industry.

Vallourec SA, TMK Group, Tenaris SA, China LESSO Group Holdings Limited, ArcelorMittal S.A., Orbia, Sekisui Chemical Co. Ltd., Advanced Drainage Systems, Inc., Saudi Arabian Amiantit Company, Northwest Pipe Company, and Future Pipe Industries are some of the major players profiled in this 261 page report.

Request Sample Pages by clicking on https://www.lucintel.com/industrial-pipe-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the industrial pipe market by end use industry (power generation, petrochemical, automotive, industrial processing, and others), material (steel, ductile iron, plastic, fiberglass reinforced (FRP), and others), diameter (small diameter pipes up to 15 inches, medium diameter pipes from 15 to 30 inches, and large diameter pipes of 30 inches and above), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the industrial pipe market?

Q.4 What are some changing demands of customers in the industrial pipe market?

Q.5 What are the new developments in the industrial pipe market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this industrial pipe area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this industrial pipe market?

This unique report from Lucintel 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 helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com
Tel. 972.636.5056

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