According to the recent study the small diameter pipe market is projected to reach an estimated $358 billion by 2030 at a CAGR of 5.3% from 2024 to 2030. Growth in this market is primarily driven by increasing urban population, construction and infrastructure development, and recovery in oil and gas industry.
A more than 150-page report
to understand trends, opportunities and forecast in small diameter pipe market
by material (metal pipe, plastic pipe, concrete pipe, FRP pipe and others),
application (potable water pipe, wastewater pipe, oil and gas pipe, industrial
application pipe, and others), diameter (0 to 5 inches, 6 to 10 inches, and 11
to 15 inches), and region (North America, Europe, and Asia Pacific (APAC) and
the Rest of the World (ROW).
Lucintel forecasts that
plastic pipe segment is expected to show above average growth during the
forecast period.
Within the global small
diameter pipe market, the metal pipe segment is expected to remain the largest
segment by value and by volume. High strength, rigidity, and pressure tolerance
in expanding oil and gas, water, and wastewater pipe applications are the major
driving forces that would spur growth for this segment over the forecast
period.
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small diameter pipe market.
APAC is expected to
remain the largest market and is expected to witness highest growth rate during
the forecast period due to infrastructure development, and construction of new
pipelines.
United States Steel Corp.,
Tenaris SA, Vallourec SA, OAO TMK, and ArcelorMittal SA are the major suppliers in the small diameter 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 write us at 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.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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