Press release
Competitive Pipes Market 2022 Global Industry Sales, Supply, Consumption, Demand, Analysis and Forecasts to 2029
Competitive Pipes Market 2022-2029
The global sales of competitive pipes reached ~105,475 (Units) in 2018, reveals the latest report on the competitive pipes market by PMR. According to the PMR’s analysis, the global competitive pipes market is projected to register ~4.0% CAGR during the forecast period of 2019 and 2029.
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Rising demand for competitive pipes from several end-use industries, including construction, oil and gas, and agriculture is likely to contribute to the growth of the competitive pipes market during the forecast period. Significant growth in demand for steel pipes from oil & gas industry and others, especially for exploration, drilling, and transportation applications, is projected to bolster the market growth.
According to the comprehensive research and deep study conducted by PMR, replacement of damaged pipes is mandatory and the demand for replacement has been on a steady rise over the past few years across the globe. This has, in turn, led to the considerable growth of the competitive pipes market. Moreover, significant demand for competitive pipes from water use and water withdrawal applications is set to positively impact the growth of the global competitive pipes market during the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Tenaris S.A., GERDAU S.A., ThyssenKrupp AG, JFE Holdings Corporation, Vallourec S.A., Georg Fischer Ltd., JSW Steel Ltd., ArcelorMittal S.A., Welspun Group, Can Clay Corporation, Advanced Drainage Systems Novolipetsk Steel, and Tata Steel Limited and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Competitive Pipes.
Competitive Pipes Sales Gaining a Boost from Thriving Electronics & Telecom Industry
Competitive pipes made of steel have become a popular choice for several industry verticals that register significant demand for competitive pipes. Concrete pipes also find applications in industrial and household sectors, as concrete piping can fail under electrolysis, corrosion, or scale build-up in areas where soil, water, or atmospheric conditions are aggressive.
Since many companies are expanding their presence by opening new operation centers across the globe, the electronics and telecommunication industry is experiencing prompt growth. The expansion of electronics & telecommunication has resulted in increased demand for pipelines to protect underground cables. This global expansion of the electronics and telecommunication industry is expected to fuel the demand for competitive pipes over the forecast period.
Competitive Pipes Market: Vendor Insights
Persistence Market Research’s business analysis also highlights resourceful insights about the competitive structure of the competitive pipes market and typical approaches of prominent market players. The global market for competitive pipes is estimated to be fairly fragmented with leading players accounting for less than 40% of the total market. Some of the key players identified in the global competitive market are Tenaris S.A., GERDAU S.A., ThyssenKrupp AG, JFE Holdings Corporation, Vallourec S.A., Georg Fischer Ltd., JSW Steel Ltd., ArcelorMittal S.A., Welspun Group, Can Clay Corporation, Advanced Drainage Systems Novolipetsk Steel, and Tata Steel Limited, among others.
Furthermore, global leaders in the market are focusing on strengthening their position in the competitive pipes market through acquisitions and mergers with other medium and small-sized players. Primarily, the market participants are focusing on maintaining their position in the oil & gas industry by carrying out activities such as research and development, offering enhanced products, divestiture of assets, etc.
Asia Pacific is considered to be at the crucial helms, deciding the fate of various processes as well as discrete industries, and acting as a future driver for the competitive pipes market. Owing to factors such as rapid industrial growth, urbanization, stable political backdrop, and governmental regulations in various developing countries of Asia Pacific, the region is likely to account for a prominent market share in the competitive pipes market during the forecast period. Presence of global market players in the region and new entrants in merger & acquisition activities are pushing the competitive pipes market growth in the Asia Pacific region.
View Report Table of Contents, Figures, and Tables@ https://www.persistencemarketresearch.com/market-research/competitive-pipes-market/toc
Key Stakeholders
Competitive Pipes Market Manufacturers
Competitive Pipes Market Distributors/Traders/Wholesalers
Competitive Pipes Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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