Market Overview:
The global hot finished seamless pipes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these pipes from various end-use industries, such as oil & gas, infrastructure & construction, power generation, automotive and engineering. In addition, the growing demand for these pipes in emerging economies is also contributing to the growth of this market. Based on type, the global hot finished seamless pipes market can be segmented into steel & alloys, copper & alloys nickel & alloys and others. Steel & alloy is currently the largest segment of this market and is expected to continue its dominance during the forecast period. This can be attributed to its high strength-to-weight ratio and corrosion resistance properties which make it suitable for use in various applications such as oil & gas pipelines transportation systems etc.
Product Definition:
A pipe is a tubular section or hollow cylinder, usually of metal, used to convey substances (liquids, gases, or solids) from one place to another. The term derives from the Latin word for pipe, "pipa". A hot finished seamless pipe is a tube that has been formed and then heat treated in a furnace.
Steel & Alloys:
Steel and alloys are materials that are made of carbon, hydrogen, and nitrogen. These metals have different properties depending on the way they are produced. Steel is one of the most common ones used in various applications like automobiles, construction equipment, consumer goods appliances among others. It is also known as iron steel due to its ferrous content which can be extracted using processes like smelting or leaching.
Copper & Alloys:
Copper & Alloys is a copper-based alloy.
CuAl2S4 - semi-hardened (1.5 to 2 hours) and fully hard (24 hours) CuAl2Si4 - soft (60 minutes), semi-hardened (1.5 to 2 hours).
Application Insights:
Hot finished seamless pipes are used in a variety of applications including oil & gas, infrastructure & construction, power generation, automotive and engineering. The oil & gas segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing global production of petroleum products coupled with growing demand for natural gas liquids such as propane, butane lye etc. from emerging economies such as China India and Brazil which are increasingly using piped systems for their distribution networks owing to economic advantages associated with it.
The infrastructure & construction application segment is also expected to grow significantly over the next eight years owing to its rising use globally particularly in developing countries like India Indonesia Thailand Vietnam where investment opportunities remain high due largely expansion projects undertaken by these countries mainly related railway infrastructures roadways energy sectors among others which provide scope for seamless pipes on a large scale thereby driving hot finished seamless pipes market growth across regions worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive manufacturing hubs, such as China, India, Thailand and Japan. Infrastructure development activities coupled with growing energy demand from developing economies are anticipated to drive hot finished seamless pipes industry growth in this region.
Europe accounted for a significant share of global revenue in 2017 owing to high infrastructure investment spending along with increasing oil & gas production across countries like Russia, UK and Norway among others. In addition, rising need for water transportation across countries including France among others is further anticipated to boost product demand over the forecast period.
The North American market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for Hot Finished Seamless Pipes from the oil and gas industry as a result of increasing exploration and production activities.
- Rising demand for Hot Finished Seamless Pipes in the construction sector, due to the growth of infrastructure development projects across the globe.
- Growing use of Hot Finished Seamless Pipes in automotive applications, on account of their superior properties compared to other types of pipes used in this sector.
- Increasing adoption of Hot Finished Seamless Pipes by manufacturers in various industrial sectors owing to their high quality and durability standards.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Finished Seamless Pipes Market Research Report
By Type
Steel & Alloys, Copper & Alloys, Nickel & Alloys, Others
By Application
Oil & Gas, Infrastructure & Construction, Power Generation, Automotive, Engineering, Others
By Companies
Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), Zaffertec S.L. (Spain), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.)
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Hot Finished Seamless Pipes Market Report Segments:
The global Hot Finished Seamless Pipes market is segmented on the basis of:
Types
Steel & Alloys, Copper & Alloys, Nickel & Alloys, 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, Infrastructure & Construction, Power Generation, Automotive, Engineering, 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:
- Zaffertec S.L. (Spain)
- Cimco Europe C.F. (Italy)
- Wheatland Tube Company (U.S.)
- Techint Group SpA (Italy)
- ISMT Ltd. (India)
- ALCO SAS (Colombia)
- Shalco Industries Pvt. Ltd. (India)
- UMW Group (Malaysia)
- United Seamless Tubular Pvt. Ltd. (India)
- Nippon Steel & Sumitomo Metal Corporation (Japan)
- Zaffertec S.L. (Spain)
- JFE Steel Corporation (Japan)
- Tenaris S.A. (Luxembourg)
- Vallourec AG (France)
- IPP Europe Ltd. (U.K.)
Highlights of The Hot Finished Seamless Pipes 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:
- Steel & Alloys
- Copper & Alloys
- Nickel & Alloys
- Others
- By Application:
- Oil & Gas
- Infrastructure & Construction
- Power Generation
- Automotive
- Engineering
- 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 Hot Finished Seamless Pipes 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.
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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?
Hot Finished Seamless Pipes are a type of pipe that is made from a single piece of metal. The metal is heated until it becomes malleable, and then it is formed into pipes. These pipes are often used in the construction industry because they are strong and can withstand a lot of pressure.
Some of the major companies in the hot finished seamless pipes market are Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), Zaffertec S.L. (Spain), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.).
The hot finished seamless pipes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Finished Seamless Pipes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Finished Seamless Pipes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Finished Seamless Pipes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Finished Seamless Pipes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Finished Seamless Pipes Market Size & Forecast, 2020-2028
4.5.1 Hot Finished Seamless Pipes Market Size and Y-o-Y Growth
4.5.2 Hot Finished Seamless Pipes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Steel & Alloys
5.2.2 Copper & Alloys
5.2.3 Nickel & Alloys
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Infrastructure & Construction
6.2.3 Power Generation
6.2.4 Automotive
6.2.5 Engineering
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Finished Seamless Pipes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Finished Seamless Pipes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Steel & Alloys
9.6.2 Copper & Alloys
9.6.3 Nickel & Alloys
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Infrastructure & Construction
9.10.3 Power Generation
9.10.4 Automotive
9.10.5 Engineering
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Steel & Alloys
10.6.2 Copper & Alloys
10.6.3 Nickel & Alloys
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Infrastructure & Construction
10.10.3 Power Generation
10.10.4 Automotive
10.10.5 Engineering
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Steel & Alloys
11.6.2 Copper & Alloys
11.6.3 Nickel & Alloys
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Infrastructure & Construction
11.10.3 Power Generation
11.10.4 Automotive
11.10.5 Engineering
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Steel & Alloys
12.6.2 Copper & Alloys
12.6.3 Nickel & Alloys
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Infrastructure & Construction
12.10.3 Power Generation
12.10.4 Automotive
12.10.5 Engineering
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Steel & Alloys
13.6.2 Copper & Alloys
13.6.3 Nickel & Alloys
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Infrastructure & Construction
13.10.3 Power Generation
13.10.4 Automotive
13.10.5 Engineering
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Finished Seamless Pipes Market: Competitive Dashboard
14.2 Global Hot Finished Seamless Pipes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zaffertec S.L. (Spain)
14.3.2 Cimco Europe C.F. (Italy)
14.3.3 Wheatland Tube Company (U.S.)
14.3.4 Techint Group SpA (Italy)
14.3.5 ISMT Ltd. (India)
14.3.6 ALCO SAS (Colombia)
14.3.7 Shalco Industries Pvt. Ltd. (India)
14.3.8 UMW Group (Malaysia)
14.3.9 United Seamless Tubular Pvt. Ltd. (India)
14.3.10 Nippon Steel & Sumitomo Metal Corporation (Japan)
14.3.11 Zaffertec S.L. (Spain)
14.3.12 JFE Steel Corporation (Japan)
14.3.13 Tenaris S.A. (Luxembourg)
14.3.14 Vallourec AG (France)
14.3.15 IPP Europe Ltd. (U.K.)
