Press release
U.S. Cold Drawn Seamless Steel Pipes Market Set to Exceed $994.3 Million by 2029
Download Sample Report : https://www.meticulousresearch.com/download-sample-report/cp_id=5269
According to the latest findings by Meticulous Research®, the U.S. Cold Drawn Seamless Steel Pipes Market is poised to exhibit a robust CAGR of 7.7% during the forecast period spanning 2022-2029, culminating in a valuation surpassing $994.3 million. This growth trajectory is primarily fueled by the escalating demand for seamless pipes within the oil & gas sector. However, challenges such as volatile raw material prices and subdued demand in saturated markets may temper market expansion. Conversely, increased offshore spending and noteworthy oilfield discoveries are anticipated to present lucrative growth avenues for market participants. Nevertheless, trade protectionism and the emergence of new substitutes pose significant hurdles to market progression.
The U.S. cold drawn seamless steel pipes market is meticulously segmented based on standard, product type, production process, application, and end-use industry, facilitating a nuanced understanding of market dynamics.
Have Any Query ? Speak To Our Analyst : https://www.meticulousresearch.com/speak-to-analyst/cp_id=5269
Key Insights from the Report:
Standard Segmentation: The ASTM A335 segment is poised to lead the U.S. cold drawn seamless steel pipes market, propelled by the escalating demand for seamless ferritic alloy steel pipes catering to high-temperature services. Meanwhile, the ASTM A213 segment is forecasted to exhibit the highest CAGR, driven by its burgeoning utilization in high-temperature applications, particularly within boiler and superheater installations.
Product Type Analysis: The MS seamless steel pipes segment is anticipated to command a substantial market share, owing to its burgeoning adoption in the construction industry for its robust strength, pressure-bearing capabilities, and versatility in manufacturing structural and mechanical components such as oil drill pipes, automobile transmission shafts, bicycle frames, and steel scaffolding.
Production Process Insights: The cross-roll piercing & pilger rolling segment is poised to dominate the market, attributed to its process simplicity and advantages in achieving uniform macrostructure and microstructure. Furthermore, the continuous mandrel rolling segment is expected to witness the highest CAGR, driven by the increasing demand for hydraulically positioned rolls to optimize output and cater to mass production requirements.
Quick Buy @ https://www.meticulousresearch.com/Checkout/43234435
Application Analysis: The boiler tubes segment is forecasted to spearhead market growth, fueled by the burgeoning demand for boiler tubes across steam boilers, fossil fuel plants, industrial processing units, and electric power facilities.
End-use Industry Landscape: The oil & gas segment is projected to capture the largest market share, buoyed by governmental initiatives, rising investments, and the escalating demand for upstream operations, plumbing applications, and midstream operations within the oil & gas domain. Conversely, the power generation sector is expected to register the fastest CAGR, driven by the increasing need for precision components across various energy generation sources including wind turbines, nuclear, solar, and coal plants.
Key Market Players:
Prominent players operating in the U.S. cold drawn seamless steel pipes market include ArcelorMittal North America Holdings LLC, U. S. Steel Tubular Products Inc., Chicago Tube and Iron Company, American Piping Products Inc., Bison Stainless Tube, LLC, Penn Stainless Products, Inc., Bri-steel Manufacturing, Michigan Seamless Tube, LLC., U.S. Metals, Inc., and Industrial Tube and Steel Corporation.
Contact:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988
CIN- U93000PN2013PTC149455
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition. Through our mixed bag of research offerings - syndicated research, custom research, and analyst engagement - we enable smart decision making to enhance business performance for global organizations. Our focus is also on finding answers to the challenging questions that global business leaders face on a daily basis. Each year, we deliver more than 300 syndicate studies and 60+ consulting projects across eight industry verticals in 20+ geographic markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. Cold Drawn Seamless Steel Pipes Market Set to Exceed $994.3 Million by 2029 here
News-ID: 3387765 • Views: …
More Releases from Meticulous Research®
Lysine Market Size, Growth Outlook, and Emerging Trends (2025-2032)
The global lysine market is witnessing robust growth, reflecting a fundamental shift in global dietary patterns and livestock production systems. Valued at USD 7.77 billion in 2024, the market is projected to reach USD 15.09 billion by 2032 from USD 8.41 billion in 2025, expanding at a CAGR of 8.7% during the forecast period from 2025 to 2032. This significant growth is primarily driven by increasing demand for protein-rich diets,…
Chitosan Market: Growth Trends, Sustainability Focus, and Future Outlook to 2032
Chitosan Market Overview
The global chitosan market is witnessing remarkable growth as industries increasingly turn to sustainable and biodegradable materials. Valued at USD 2.55 billion in 2024, the market is projected to reach USD 6.51 billion by 2032, growing from USD 2.87 billion in 2025 at a CAGR of 12.4% during the forecast period from 2025 to 2032. This growth is driven by the expanding applications of chitosan in the pharmaceutical,…
Minimal Residual Disease Testing Market: Trends, Innovations, and Forecast to 20 …
Minimal Residual Disease Testing Market Overview
The global minimal residual disease (MRD) testing market is witnessing rapid growth as precision oncology and early cancer detection gain momentum across healthcare systems worldwide. The market is expected to reach USD 4.45 billion by 2031, growing at a CAGR of 14.6% from 2024 to 2031. This growth is driven by the increasing incidence of cancer, rising awareness about early detection, and the growing application…
Moringa Extract Market Size, Growth Trends, and Forecast to 2031
The global moringa extract market has gained remarkable traction in recent years, driven by the growing consumer focus on natural wellness and sustainable nutrition. Valued at USD 5.06 billion in 2023, the market is projected to reach USD 10.65 billion by 2031, growing from an estimated USD 5.53 billion in 2024 at a CAGR of 9.8% during the forecast period from 2024 to 2031. This strong growth trajectory is fueled…
More Releases for ASTM
ASTM A333 Seamless Low Temperature Steel Pipe
Product introduction ASTM A333 is the standard specification given to all the welded as well as seamless steel, carbon and alloy pipes which are intended to be used at places of low temperatures. The ASTM A333 pipes are used as heat exchanger pipes and pressure vessel pipes.
As it was stated in the above section, that these pipes are used in the areas where temperature is extremely low, they are used…
Difference between ASTM A513 and ASTM A500 rectangular tubes
What is a rectangular tube?
Rectangular tube is a long hollow steel material with a rectangular cross-section. They are typically made of steel, aluminum, or other metals and have a variety of uses and applications. When the bending and torsion strength are the same, the weight is lighter, so it is widely used in manufacturing mechanical parts and engineering structures.
The difference between ASTM A513 and ASTM A500 rectangular tubes:
ASTM A500 (also…
Youfa Steel Pipe Group: ASTM A53 Carbon Steel Pipe Manufacturer
Short Description:
Youfa Advantange:
1.100% after-sales quality and quantity assurance. 22 years experience in manufacturing and exporting steel products since 2000.
2. Large Stock for regular sizes. 16 Consecutive Years of The First Production and Sales-Over 1300,0000 Tons sales and production
3. Strong produce capability and capital flow.
4. Listed company in Shanghai Exchange Stock
5. Top 500 manufacturing of China
6. National 3A grade industrial park tourist attractions - Green and environment-friendly factory Min. Order Quantity:…
ASTM F963-16 is Accepted as Mandatory Toy Safety Standard
On February 2, 2017, the US Consumer Product Safety Commission (CPSC) published a direct final rule in the Federal Register authorizing ASTM F963-16 as the consumer product safety standard for toys.
ASTM F963-16, issued in October 2016 by the American Society for Testing and Materials (ASTM), contains several important changes from previous versions of the standard. These include changes relating to:
• Magnets
• Projectiles
• Toy Chests
• Batteries
• Microbiological Safety
• Heavy Elements, such as heavy metals in textiles…
Voluntary Safety Standard for Liquid Laundry Packets Published by ASTM
ASTM International has published a standard for liquid laundry packets. The standard details labeling, warning statements, specifications and testing methods for determining: content retention, force compression, and the presence of aversive agents in the soluble film.
The key points of the new standard are:
• It applies exclusively to household liquid laundry detergent packets
• Packaging should be opaque or otherwise mask the visibility of the packets. Graphics that make the packaging appear translucent or…
ASTM Revises Standards for Children’s Chairs and Stools
The standards organization, ASTM International (ASTM), has revised its safety standard for Children’s Chairs and Stools. Published in May 2016, the new standard, ASTM F2613-16, replaces ASTM F2613-14.
The new standard has added a number of changes, including:
• Addition of a definition for chairs with side containment
• Revision of the definition for rigid frame
• Changing the requirement and test method for stability
• Addition of standards for sideways stability for chairs with side containment
• Addition of…
