Market Overview:
The global marine pipes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for marine pipes from various end-use industries, such as onshore and offshore. In terms of type, the seamless steel pipe segment is expected to lead the global marine pipes market during the forecast period, owing to its properties such as high strength and corrosion resistance. In terms of application, onshore is projected to be a key segment for marine pipes during the forecast period.
Product Definition:
A marine pipe is a type of pipeline that is specifically designed for use in offshore oil and gas production, subsea pipeline transportation, and water injection systems. Marine pipes are typically made from high-strength steel alloys or other corrosion-resistant materials to withstand the harsh environment and extreme weather conditions found in offshore environments.
Seamless Steel Pipe:
Seamless steel pipe is manufactured from high-grade, round-rolled steel. It possesses a unique property of being able to be joined with other materials such as copper & plastic for making composite pipes. Composite pipes are used in applications where the material is required to have a smaller inside diameter than outside diameter or where the flow rate needs to be controlled.
Straight Seam Submerged Arc Welded Steel Pipe (SAW):
Straight seam submerged arc welded steel pipe (SAW) is a type of marine piping that is manufactured using high strength, corrosion-resistant steel. The process involves the welding of three or more layers of metal sheets at a time with no spaces in between them; this produces an excellent surface on which to weld. SAW pipes are used for carrying wastewater and other liquids in bulk quantities and are available in sizes ranging from 1/2” up to 24”.
Application Insights:
Onshore application dominated the global marine pipes market in terms of revenue share in 2017. The growth can be attributed to the extensive use of seamless steel pipes for onshore applications, such as oil & gas production and petrochemical plants. Onshore applications also include landfills, power generation facilities and other industrial activities that require a direct connection to the sea water for cleaning or cooling purposes.
The offshore segment is expected to witness significant growth over the forecast period owing to rising demand from energy exploration activities across various regions including Latin America, Asia Pacific and Middle East & Africa. Increasing demand for deepwater drilling rigs has resulted in an increased requirement of marine pipes that are capable of withstanding high pressure environments at great depths below the surface of water.
Regional Analysis:
Asia Pacific dominated the global marine pipes market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major crude oil & gas producing countries such as China, India, Thailand, Vietnam and Indonesia. Increasing demand for energy across Asia Pacific has led to increased investments in exploration activities which will further propel product demand in offshore applications.
North America emerged as the second-largest regional market for marine pipes with a share of 23.1% in 2017 owing to increasing offshore drilling activities mainly off U.S.
Growth Factors:
- Increasing demand for marine pipes from the oil and gas industry as a result of increasing exploration and production activities
- Rising demand for marine pipes from the shipping industry due to growth in global trade
- Growing use of composite materials in marine pipes to improve their performance and durability
- Technological advancements that have led to the development of new and innovative pipe products
- Stringent government regulations mandating the use of high-quality marine pipes
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Pipes Market Research Report
By Type
Seamless Steel Pipe, Straight Seam Submerged Arc Welded Steel Pipe (SAW), Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
By Application
Onshore, Offshore
By Companies
Saipem, Subsea 7, McDermott, Sapura, Wood Group, Technip, Fugro, Atteris, Penspen, Petrofac, Senaat
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Marine Pipes Market Report Segments:
The global Marine Pipes market is segmented on the basis of:
Types
Seamless Steel Pipe, Straight Seam Submerged Arc Welded Steel Pipe (SAW), Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
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
Onshore, Offshore
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:
- Saipem
- Subsea 7
- McDermott
- Sapura
- Wood Group
- Technip
- Fugro
- Atteris
- Penspen
- Petrofac
- Senaat
Highlights of The Marine 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:
- Seamless Steel Pipe
- Straight Seam Submerged Arc Welded Steel Pipe (SAW)
- Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
- By Application:
- Onshore
- Offshore
- 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 Marine 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- 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?
Marine pipes are used to transfer water, oil, or other fluids between vessels.
Some of the major players in the marine pipes market are Saipem, Subsea 7, McDermott, Sapura, Wood Group, Technip, Fugro, Atteris, Penspen, Petrofac, Senaat.
The marine pipes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Marine Pipes 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. Marine Pipes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Pipes Market - Supply Chain
4.5. Global Marine Pipes Market Forecast
4.5.1. Marine Pipes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Pipes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Pipes Market Absolute $ Opportunity
5. Global Marine Pipes 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. Marine Pipes Market Size and Volume Forecast by Type
5.3.1. Seamless Steel Pipe
5.3.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
5.3.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Pipes 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. Marine Pipes Market Size and Volume Forecast by Application
6.3.1. Onshore
6.3.2. Offshore
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Pipes 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. Marine Pipes 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 Marine Pipes 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. Marine Pipes 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 Marine Pipes Demand Share Forecast, 2019-2026
9. North America Marine Pipes 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 Marine Pipes 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 Marine Pipes Market Size and Volume Forecast by Application
9.4.1. Onshore
9.4.2. Offshore
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Pipes Market Size and Volume Forecast by Type
9.7.1. Seamless Steel Pipe
9.7.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
9.7.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
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 Marine Pipes Demand Share Forecast, 2019-2026
10. Latin America Marine Pipes 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 Marine Pipes 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 Marine Pipes Market Size and Volume Forecast by Application
10.4.1. Onshore
10.4.2. Offshore
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Pipes Market Size and Volume Forecast by Type
10.7.1. Seamless Steel Pipe
10.7.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
10.7.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
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 Marine Pipes Demand Share Forecast, 2019-2026
11. Europe Marine Pipes 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 Marine Pipes 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 Marine Pipes Market Size and Volume Forecast by Application
11.4.1. Onshore
11.4.2. Offshore
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Pipes Market Size and Volume Forecast by Type
11.7.1. Seamless Steel Pipe
11.7.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
11.7.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
11.8. Basis Point Share (BPS) Analysis by Type
1.9. 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 Marine Pipes Demand Share, 2019-2026
12. Asia Pacific Marine Pipes 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 Marine Pipes 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 Marine Pipes Market Size and Volume Forecast by Application
12.4.1. Onshore
12.4.2. Offshore
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Pipes Market Size and Volume Forecast by Type
12.7.1. Seamless Steel Pipe
12.7.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
12.7.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
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 Marine Pipes Demand Share, 2019-2026
13. Middle East & Africa Marine Pipes 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 Marine Pipes 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 Marine Pipes Market Size and Volume Forecast by Application
13.4.1. Onshore
13.4.2. Offshore
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Pipes Market Size and Volume Forecast by Type
13.7.1. Seamless Steel Pipe
13.7.2. Straight Seam Submerged Arc Welded Steel Pipe (SAW)
13.7.3. Straight Seam High Frequency Resistance Welded Steel Pipe (HFERW)
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 Marine Pipes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Pipes Market: Market Share Analysis
14.2. Marine Pipes Distributors and Customers
14.3. Marine Pipes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saipem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Subsea 7
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. McDermott
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sapura
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wood Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Technip
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fugro
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atteris
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Penspen
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Petrofac
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Senaat
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
