Market Overview:
The global electric fusion welded pipe market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric fusion welded pipes from various end-use industries, such as oil & gas, refrigeration industry, refining & petrochemical industry, water & sewerage and structural or industrial applications. In addition, the growing infrastructure development in emerging economies is also propelling the growth of the global electric fusion welded pipe market. Based on type, carbon steel accounted for a major share of the global electric fusion welded pipe market in 2017. This can be attributed to its low cost and high strength properties as compared to other types of steel pipes. Stainless steel is another key type of metal used in manufacturing electric fusion welded pipes owing to its corrosion resistance properties and ability to withstand high temperatures without corroding or tarnishing over time. Based on application, oil & gas was the largest segment of the global electric Fusion Weld Pipe Market in 2017 followed by refrigeration industry and refining petrochemical industry segments respectively .The growth in these end-use industries is primarily driven by rising demand for energy across different geographies along with an increase in investments towards refinery expansions and upgradations globally .
Product Definition:
Electric Fusion Welded Pipe is a welded pipe that is created through the process of electric fusion welding. This type of welded pipe offers many advantages over other types of welded pipes, including increased strength and durability. Electric fusion welding is a process that uses an electric arc to fuse two pieces of metal together. This type of welding produces a strong, durable seam that is less likely to leak than other types of welds.
Carbon Steel:
Carbon steel is a form of low-alloyed iron metal. It has carbon in it in the form of carbides. Carbon steel is used where high strength and good ductility are required, but toughness is not required.
Stainless Steel:
Stainless steel is a type of steel that has been through an additional finishing process, which makes it resistant to chemicals and rust. It also contains various other elements such as nickel and chromium in addition to carbon. The product finds its major use in the manufacturing of pipes for water heaters, gas heaters, pressure vessels or boilers among others.
The global stainless steel market size was valued at USD 23 billion in 2015.
Application Insights:
The oil & gas industry was the dominant segment in 2017 and accounted for a revenue share of over 30%. Fusion welding is used to construct pipelines for the transportation and distribution of crude oil. The process helps in reducing pipeline failure risk, increasing operational life, as well as reduces maintenance costs. These factors are likely to drive demand over the forecast period.
Refrigeration industry application is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising use in manufacturing industrial-sized heat exchangers that are used across multiple industries such as chemical, food processing, pulp & paper and metalworking fluids among others. These heat exchangers require thick walled pipes with high strength welds which leads into increased adoption of electric fusion welded pipes within refrigeration applications globally.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to increasing oil & gas production and consumption across economies such as China, India, Indonesia, Malaysia, Thailand and Vietnam. In addition, growing investments by various governments for developing infrastructure are likely to drive industry growth over the coming years.
The demand for electric fusion welded pipes in Europe is anticipated to grow at a significant rate due to increasing use of water & wastewater treatment services across countries such as Germany (Hamburg), France (Aquitaine) and others. Moreover, rising need for energy storage facilities coupled with expansion of oil & gas exploration activities is projected favorably impact industry growth over the next eight years.
Growth Factors:
- Increasing demand from the oil and gas industry for electric fusion welded pipe products due to the growth of unconventional oil and gas reserves.
- Rising demand for electric fusion welded pipe products in developing countries due to the growth of infrastructure development projects.
- Growing popularity of electric fusion welded pipe products as a replacement for traditional steel pipes in various applications, owing to its superior properties such as high strength-to-weight ratio, corrosion resistance, and leak-tightness.
- Technological advancements that have led to the development of new welding techniques and equipment that offer improved quality and efficiency in electric fusion welded pipe production processes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Fusion Welded Pipe Market Research Report
By Type
Carbon Steel, Stainless Steel, Others
By Application
Oil & Gas, Refrigeration Industry, Refining & Petrochemical Industry, Water & Sewerage, Structural or Industrial Applications, Others
By Companies
Sunny Steel, Octal Steel, Sanghvi Overseas, Gautam Tube Corporation, KOBSINDIA, Oshwin Overseas, Victor Steel Corporation, Guru Gautam Steels, Tycoon Piping, Steel Tubes India
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Electric Fusion Welded Pipe Market Report Segments:
The global Electric Fusion Welded Pipe market is segmented on the basis of:
Types
Carbon Steel, Stainless Steel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Refrigeration Industry, Refining & Petrochemical Industry, Water & Sewerage, Structural or Industrial Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sunny Steel
- Octal Steel
- Sanghvi Overseas
- Gautam Tube Corporation
- KOBSINDIA
- Oshwin Overseas
- Victor Steel Corporation
- Guru Gautam Steels
- Tycoon Piping
- Steel Tubes India
Highlights of The Electric Fusion Welded Pipe Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Steel
- Stainless Steel
- Others
- By Application:
- Oil & Gas
- Refrigeration Industry
- Refining & Petrochemical Industry
- Water & Sewerage
- Structural or Industrial Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Fusion Welded Pipe Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric fusion welded pipe is a type of pipe that is made by welding two pieces of metal together using an electric arc. This process creates a strong and durable connection between the two pieces of metal, which makes it perfect for use in applications where durability and strength are important.
Some of the key players operating in the electric fusion welded pipe market are Sunny Steel, Octal Steel, Sanghvi Overseas, Gautam Tube Corporation, KOBSINDIA, Oshwin Overseas, Victor Steel Corporation, Guru Gautam Steels, Tycoon Piping, Steel Tubes India.
The electric fusion welded pipe market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Fusion Welded Pipe Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Fusion Welded Pipe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Fusion Welded Pipe Market - Supply Chain
4.5. Global Electric Fusion Welded Pipe Market Forecast
4.5.1. Electric Fusion Welded Pipe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Fusion Welded Pipe Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Fusion Welded Pipe Market Absolute $ Opportunity
5. Global Electric Fusion Welded Pipe Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Fusion Welded Pipe Market Size and Volume Forecast by Type
5.3.1. Carbon Steel
5.3.2. Stainless Steel
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Fusion Welded Pipe Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Refrigeration Industry
6.3.3. Refining & Petrochemical Industry
6.3.4. Water & Sewerage
6.3.5. Structural or Industrial Applications
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Fusion Welded Pipe Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Fusion Welded Pipe Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Fusion Welded Pipe Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Fusion Welded Pipe Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Fusion Welded Pipe Demand Share Forecast, 2019-2026
9. North America Electric Fusion Welded Pipe Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Fusion Welded Pipe Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Refrigeration Industry
9.4.3. Refining & Petrochemical Industry
9.4.4. Water & Sewerage
9.4.5. Structural or Industrial Applications
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Fusion Welded Pipe Market Size and Volume Forecast by Type
9.7.1. Carbon Steel
9.7.2. Stainless Steel
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Fusion Welded Pipe Demand Share Forecast, 2019-2026
10. Latin America Electric Fusion Welded Pipe Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Fusion Welded Pipe Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Refrigeration Industry
10.4.3. Refining & Petrochemical Industry
10.4.4. Water & Sewerage
10.4.5. Structural or Industrial Applications
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Fusion Welded Pipe Market Size and Volume Forecast by Type
10.7.1. Carbon Steel
10.7.2. Stainless Steel
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Fusion Welded Pipe Demand Share Forecast, 2019-2026
11. Europe Electric Fusion Welded Pipe Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Fusion Welded Pipe Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Refrigeration Industry
11.4.3. Refining & Petrochemical Industry
11.4.4. Water & Sewerage
11.4.5. Structural or Industrial Applications
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Fusion Welded Pipe Market Size and Volume Forecast byType
11.7.1. Carbon Steel
11.7.2. Stainless Steel
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Fusion Welded Pipe Demand Share, 2019-2026
12. Asia Pacific Electric Fusion Welded Pipe Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Fusion Welded Pipe Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Refrigeration Industry
12.4.3. Refining & Petrochemical Industry
12.4.4. Water & Sewerage
12.4.5. Structural or Industrial Applications
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Fusion Welded Pipe Market Size and Volume Forecast by Type
12.7.1. Carbon Steel
12.7.2. Stainless Steel
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Fusion Welded Pipe Demand Share, 2019-2026
13. Middle East & Africa Electric Fusion Welded Pipe Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Fusion Welded Pipe Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Fusion Welded Pipe Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Refrigeration Industry
13.4.3. Refining & Petrochemical Industry
13.4.4. Water & Sewerage
13.4.5. Structural or Industrial Applications
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Fusion Welded Pipe Market Size and Volume Forecast by Type
13.7.1. Carbon Steel
13.7.2. Stainless Steel
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Fusion Welded Pipe Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Fusion Welded Pipe Market: Market Share Analysis
14.2. Electric Fusion Welded Pipe Distributors and Customers
14.3. Electric Fusion Welded Pipe Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sunny Steel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Octal Steel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sanghvi Overseas
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gautam Tube Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. KOBSINDIA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oshwin Overseas
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Victor Steel Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guru Gautam Steels
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tycoon Piping
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Steel Tubes India
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
