Press release
Demand For Mining Pipes Market Driven By Shifting Consumer Perceptions And Growing Awareness
According to the latest report published by Fact.MR - a market research and competitive intelligence provider, the global mining pipes market is expected to surpass a market value of US$ 11 Bn by 2031. HDPE mining pipes are gradually gaining momentum across various avenues of mining applications owing to multiple advantages over conventional metal mining pipes. HDPE mining pipes offers resistance to corrosion and abrasion, and increased flexibility. They also prevent chemical reaction between pipe surfaces and fluids.The global mining pipes is moderately fragmented with numerous players operating at global as well as regional scales. The market is highly competitive in nature due to the presence of many manufacturers across the globe. Increasing industrialization and urbanization is presumed to further drive demand and unfold immense opportunities for manufacturers over the coming years.
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Market Segments Covered in Mining Pipes Industry Research
By Material
Steel Mining Pipes
Stainless Steel Mining Pipes
Carbon Steel Mining Pipes
Alloy Steel Mining Pipes
Fibreglass Reinforced Plastic Mining Pipes
Carbon Fibre Reinforced Plastic Mining Pipes
Aramid Reinforced Plastic Mining Pipes
High Density Polyethylene Mining Pipes
By End Use
Below 100 Psi Mining Pipes
100 - 200 Psi Mining Pipes
Above 200 Psi Mining Pipes
By Pipe Size
Below 100 mm Mining Pipes
100-500 mm Mining Pipes
500 - 1000 mm Mining Pipes
Above 1000 mm Mining Pipes
By Mining Type
Underground Mining
Open Surface Mining
Placer Mining
In-situ Mining
By Application
Mining Pipes for Dust Suppression
Mining Pipes for Heap Leaching
Mining Pipes for Pit Dewatering
Mining Pipes for Water Transportation
Mining Pipes for Process Slurry
Mining Pipes for Solution Mining
Mining Pipes for Processing Water
Mining Pipes for Mine Dewatering
Mining Pipes for Tailing Transportation
Others
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Key Takeaways from Market Study.
The global mining pipes market is set to provide an absolute $ opportunity of US$ 5 Bn through 2031.
Alloy steel mining pipes are estimated to account for 28% market share 2031-end, and gain 95 BPS in market share.
100-200 psi is expected to add an absolute dollar opportunity of US$ 3.7 Bn and gain 410 BPS by 2031.
Demand for above 1,000 mm mining pipes is set to grow 1.6X and be valued at US$ 3.4 Bn at the end of 2031.
Open surface mining is estimated to account for 92% market share and gain 200 BPS in its market share by 2031.
On the basis of application, process slurry is projected to capture over 19% market share by 2031.
Mine dewatering is expected to garner an absolute $ opportunity of nearly US$ 400 Mn by 2031.
Competitive Landscape
Most players involved stainless steel mining pipe manufacturing considered in the report are primarily leaned towards capacity expansion and strengthening their sales and distribution networks.
On 6 June 2021, Sumitomo Metal announced plans to spend US$ 424 Mn to boost production capacity for cathode materials. This will be useful for manufacturing secondary batteries and will extensively be utilized for electric vehicles.
On 21 April 2021, Nippon Steel launched "ZAM®-EX", a highly corrosion-resistant coated steel sheet that can be useful for various end-use industries.
In 2019, Tenaris acquired a leading position in the Saudi steel pipe industry. Due to this, the company was able to expand its geographical coverage in the Middle East.
EEE PEW In 2018, the 12-meter production line for clad pipes was considerably extended and optimized for production expansion in the Erndtebrück unit. Moreover, new machines and advanced measuring equipment was also introduced to the production facility to manufacture clad pipes according to customer demand.
On 8 June 2021, Vallourec developed a new advancement in its pipeline solution. Vallourec and World Oil organized a live seminar for showcasing Intelligent Pipe Solutions, which will be useful for monitoring oil wells from the inside.
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Winning Strategy
Prominent manufacturers operating on a global scale are primarily leaned towards the development of products and strengthening their sales and distribution networks to cater a wide range of customers. In the medium- and long-term forecast period, these strategies will propel them ahead in the global market for mining pipes.
Find More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global mining pipes market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of material (steel, fiber glass reinforced plastic and high density polyethylene), pressure (below 100 psi, 100 - 200 psi, and above 200 psi), pipe size (below 100 mm, 100-500 mm, 500 - 1000 mm, and above 1000 mm), mining type (underground mining, open surface mining, placer mining, and in-situ mining), and application (dust suppression, heap leaching, pit dewatering, water transportation, process slurry, solution mining, process water, mine dewatering, tailing transportation, and others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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