Title: Seamless Pipes Market
1Seamless Pipes Market to Exceed 237.11 Billion
USD by 2022
2- The report "Seamless Pipes Market by Type (Hot
Finished, Cold Finished), Production Process
(Continuous Mandrel Rolling, Multi-stand Plug
Mill (MPM), Cross-roll Piercing Pilger
Rolling), Material, End-use Industry, and Region
- Global Forecast to 2022", The seamless pipes
market is estimated to be USD 183.79 Billion in
2017 and is projected to reach USD 237.11 Billion
by 2022, at a CAGR of 5.2 during the forecast
period from 2017 to 2022. - Browse 107 Market Data Tables and 53 Figures
spread through 169 Pages and in-depth TOC
on "Seamless Pipes Market by Type (Hot Finished,
Cold Finished), Production Process (Continuous
Mandrel Rolling, Multi-stand Plug Mill (MPM),
Cross-roll Piercing Pilger Rolling), Material,
End-use Industry, and Region - Global Forecast to
2022"
3- Increasing global demand for energy has led to a
rise in exploration activities and investments in
the oil gas industry. The increasing demand for
high-performance tubular products from the
growing oil gas industry is expected to be a
major factor expected to drive the growth of the
seamless pipes market. Seamless pipes are
preferred over welded pipes in the oil gas
industry, as seamless pipes have high corrosion
resistance and a better strength to weight ratio. - Based on type, the hot finished seamless pipes
segment is expected to be a faster-growing
segment of the seamless pipes market - Based on type, the hot finished seamless pipes
type segment is expected to witness the highest
growth, due to the growing use of hot finished
seamless pipes across various industries, such as
oil gas, power generation, infrastructure
construction, and automotive. Hot finished
seamless pipes are cost-effective. These pipes
have good machinability and are often preferred
for projects that require high strength and close
tolerance.
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4Based on production process, the cross-roll
piercing pilger rolling segment is expected to
be the fastest-growing segment of the seamless
pipes market during the forecast period Based on
production process, the cross-roll piercing
pilger rolling production process segment is
expected to witness the highest growth during the
forecast period. The cross-roll piercing pilger
rolling method is highly cost-efficient, which
helps reduce the overall manufacturing cost of
the end products. Request sample copy of this
report at, https//www.marketsandmarkets.com/reque
stsampleNew.asp?id107715353 Asia Pacific is
expected to be the fastest-growing market for
seamless pipes during the forecast period The
seamless pipes market in Asia Pacific is expected
to witness the highest growth during the forecast
period. China, India, Japan, Taiwan, and South
Korea are key countries contributing to the high
demand for seamless pipes in Asia Pacific.
Increasing industrialization and rapid
infrastructural development in the region offer
opportunities for the growth of the market.
Seamless pipes are widely used in various
applications in the infrastructure construction
industry, owing to their properties, such as high
strength, thermal resistance, corrosion
resistance, and chemical resistance.
5Some of the key players in the seamless pipes
market include Nippon Steel Sumitomo Metal
Corporation (Japan), ArcelorMittal SA
(Luxembourg), JFE Steel Corporation (Japan),
Tenaris S.A. (Luxembourg), Vallourec AG (France),
IPP Europe Ltd. (UK) Zaffertec S.L. (Spain),
Cimco Europe (Italy), Wheatland Tube Company
(US), Techint Group SpA (Italy), ISMT Ltd.
(India), ALCO SAS (Colombia), Shalco Industries
Pvt. Ltd. (India), UMW Group (Malaysia), United
Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw
Ltd. (India), Tianjin Pipe (Group) Corporation
(China), PAO TMK (Russia), Sandvik AB (Sweden),
United States Steel Corporation (US), Schulz USA
(US), ChelPipe (Russia), EVRAZ Plc (UK),
Salzgitter Mannesmann Stainless Tubes GmbH
(Germany), and Tubos Reunidos, S.A.
(Spain). https//www.marketsandmarkets.com/Marke
t-Reports/seamless-pipe-market-107715353.html
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6- Target Audience
- Manufacturers of Seamless Pipes
- Traders, Distributors, and Suppliers of Seamless
Pipes - End-Use Industries Operating in the Seamless
Pipes Supply Chain - Government and Research Organizations
- Associations and Industrial Bodies
- Project Contractors
- Research and Consulting Firms
- RD Institutions
- Environment Support Agencies
- Investment Banks and Private Equity Firms
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