Market Overview:
The global welded pipes market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for welded pipes from various end-use industries such as oil & gas, power generation, construction, automotive and mechanical & engineering. Additionally, the growing demand for stainless steel and alloy steel welded pipes is also contributing to the growth of this market. Based on type, carbon steel accounted for majority of the share in 2017 and is expected to maintain its dominance during the forecast period. However, alloy steel is projected to witness highest CAGR over 2018-2030 owing to its properties such as high strength and corrosion resistance which make it suitable for use in critical applications across various industries. Based on application, oil & gas was observed as largest segment in 2017 followed by construction industry.
Product Definition:
Welded pipes are made by welding together two pieces of metal. They are important because they are strong and can be used for many different purposes.
Carbon Steel:
Carbon steel is a form of low-alloyed iron metal. It has a carbon content greater than 0.25% by weight, but less than 0.45%. Low alloying elements such as manganese and nickel are added to impart additional properties such as high toughness and strength in the finished products.
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. The finished product has various properties such as high strength, ductility, corrosion resistance and electrical conductivity. It also has a great aesthetic appearance due to the fact that it does not have any color from the iron ore.
Application Insights:
The oil & gas segment accounted for the largest volume share in 2016 and is projected to witness significant growth over the forecast period. Increasing exploration activities for shale gas coupled with growing demand from countries such as China, India, and Mexico are expected to drive industry growth over the coming years. In addition, favorable government policies regarding increasing production capacity are anticipated to further propel industry expansion.
The construction segment is also likely to register a notable CAGR of XX% during the same period owing to rising urbanization along with industrialization and developing economies in Asia Pacific region which has resulted in an increased need for infrastructure development including transportation systems such as roads and railways resulting in an increased use of pipes within these constructions applications.
Regional Analysis:
Asia Pacific accounted for the largest share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing construction activities and oil & gas production in countries such as China, India, and Japan. In addition, rising energy demand from emerging economies such as China and India is anticipated to drive product demand further.
The growing manufacturing sector in Asia Pacific due to low labor costs coupled with easy access to resources has attracted numerous manufacturers from developed nations including the U.S., UK, Germany, Russia etc.
Growth Factors:
- Increasing demand from the oil and gas industry: The oil and gas industry is one of the key consumers of welded pipes. With the increasing demand for energy, there is a corresponding increase in the demand for welded pipes from this industry.
- Rapid growth in infrastructure development: There is a rapid growth in infrastructure development across the world, which is leading to an increase in the demand for welded pipes.
- Rising population and urbanization: The rising population and urbanization are leading to an increase in the need for housing, transportation, and other infrastructure projects, which are driving up demand for welded pipes.
- Growing industrialization: The growing industrialization across countries is resulting in an increased need for various types of pipe products used by industries such as oil & gas, power generation, chemicals & petrochemicals etc., thereby boosting market growth prospects of Welded Pipes market globally . 5) Technological advancements: Continuous technological advancements are taking place across different segments of Welded Pipes market that would help improve product quality as well as reduce production costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Welded Pipes Market Research Report
By Type
Carbon Steel, Stainless Steel, Alloy Steel
By Application
Oil & Gas, Power Generation, Construction, Automotive, Mechanical & Engineering, Others
By Companies
AK Tube, Arcelor Mittal, Nippon Steel & Sumitomo Metal, Benteler, Hi-Tech Metal & Tubes, AK Tube, BUTTING, North American Pipe & Steel, Tubacex, Marcegaglia Steel, Hyundai Steel, Sandvik, Baosteel Group, YC Inox, JFE Steel, Shanghai Metal, Froch Enterprise, CSM Tube, Fischer Group, Guangzhou Pearl River Petroleum Steel Pipe
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Welded Pipes Market Report Segments:
The global Welded Pipes market is segmented on the basis of:
Types
Carbon Steel, Stainless Steel, Alloy Steel
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, Power Generation, Construction, Automotive, Mechanical & 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:
- AK Tube
- Arcelor Mittal
- Nippon Steel & Sumitomo Metal
- Benteler
- Hi-Tech Metal & Tubes
- AK Tube
- BUTTING
- North American Pipe & Steel
- Tubacex
- Marcegaglia Steel
- Hyundai Steel
- Sandvik
- Baosteel Group
- YC Inox
- JFE Steel
- Shanghai Metal
- Froch Enterprise
- CSM Tube
- Fischer Group
- Guangzhou Pearl River Petroleum Steel Pipe
Highlights of The Welded 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:
- Carbon Steel
- Stainless Steel
- Alloy Steel
- By Application:
- Oil & Gas
- Power Generation
- Construction
- Automotive
- Mechanical & 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 Welded 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?
Welded pipes are a type of piping that is made by welding two pieces of metal together. This type of piping is often used in construction because it is strong and can handle a lot of pressure.
Some of the major companies in the welded pipes market are AK Tube, Arcelor Mittal, Nippon Steel & Sumitomo Metal, Benteler, Hi-Tech Metal & Tubes, AK Tube, BUTTING, North American Pipe & Steel, Tubacex, Marcegaglia Steel, Hyundai Steel, Sandvik, Baosteel Group, YC Inox, JFE Steel, Shanghai Metal, Froch Enterprise, CSM Tube, Fischer Group, Guangzhou Pearl River Petroleum Steel Pipe.
The welded pipes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welded 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. Welded Pipes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welded Pipes Market - Supply Chain
4.5. Global Welded Pipes Market Forecast
4.5.1. Welded Pipes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welded Pipes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welded Pipes Market Absolute $ Opportunity
5. Global Welded 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. Welded Pipes Market Size and Volume Forecast by Type
5.3.1. Carbon Steel
5.3.2. Stainless Steel
5.3.3. Alloy Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welded 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. Welded Pipes Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Power Generation
6.3.3. Construction
6.3.4. Automotive
6.3.5. Mechanical & Engineering
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welded 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. Welded 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 Welded 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. Welded 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 Welded Pipes Demand Share Forecast, 2019-2026
9. North America Welded 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 Welded 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 Welded Pipes Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Power Generation
9.4.3. Construction
9.4.4. Automotive
9.4.5. Mechanical & Engineering
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 Welded Pipes Market Size and Volume Forecast by Type
9.7.1. Carbon Steel
9.7.2. Stainless Steel
9.7.3. Alloy Steel
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 Welded Pipes Demand Share Forecast, 2019-2026
10. Latin America Welded 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 Welded 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 Welded Pipes Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Power Generation
10.4.3. Construction
10.4.4. Automotive
10.4.5. Mechanical & Engineering
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 Welded Pipes Market Size and Volume Forecast by Type
10.7.1. Carbon Steel
10.7.2. Stainless Steel
10.7.3. Alloy Steel
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 Welded Pipes Demand Share Forecast, 2019-2026
11. Europe Welded 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 Welded 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 Welded Pipes Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Power Generation
11.4.3. Construction
11.4.4. Automotive
11.4.5. Mechanical & Engineering
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 Welded Pipes Market Size and Volume Forecast by Type
11.7.1. Carbon Steel
11.7.2. Stainless Steel
11.7.3. Alloy Steel
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 Welded Pipes Demand Share, 2019-2026
12. Asia Pacific Welded 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 Welded 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 Welded Pipes Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Power Generation
12.4.3. Construction
12.4.4. Automotive
12.4.5. Mechanical & Engineering
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 Welded Pipes Market Size and Volume Forecast by Type
12.7.1. Carbon Steel
12.7.2. Stainless Steel
12.7.3. Alloy Steel
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 Welded Pipes Demand Share, 2019-2026
13. Middle East & Africa Welded 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 Welded 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 Welded Pipes Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Power Generation
13.4.3. Construction
13.4.4. Automotive
13.4.5. Mechanical & Engineering
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 Welded Pipes Market Size and Volume Forecast by Type
13.7.1. Carbon Steel
13.7.2. Stainless Steel
13.7.3. Alloy Steel
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 Welded Pipes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welded Pipes Market: Market Share Analysis
14.2. Welded Pipes Distributors and Customers
14.3. Welded Pipes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AK Tube
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arcelor Mittal
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Steel & Sumitomo Metal
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Benteler
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hi-Tech Metal & Tubes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AK Tube
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BUTTING
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. North American Pipe & Steel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tubacex
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Marcegaglia Steel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hyundai Steel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sandvik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Baosteel Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. YC Inox
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JFE Steel
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Metal
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Froch Enterprise
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. CSM Tube
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Fischer Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Guangzhou Pearl River Petroleum Steel Pipe
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
