Press release
Cold Drawn Seamless Steel Pipes Market Projected to Reach $22,335.7 Million by 2029-Exclusive Report by Meticulous Research®
The report forecasts a promising future for the cold drawn seamless steel pipes market, anticipating a robust CAGR of 8.0% during the forecast period, with a valuation of $22,335.7 million by 2029.
Download Free Sample Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5266
The growth of the cold drawn seamless steel pipes market is primarily driven by the increasing demand for seamless pipes in the oil & gas sector. Furthermore, the surge in offshore spending and the discovery of new oilfields present lucrative growth opportunities for market players.
Despite these optimistic projections, challenges such as trade protectionism, the emergence of substitutes, volatile raw material prices, and the lingering impacts of the COVID-19 pandemic may impede market growth.
Industries such as oil & gas, manufacturing, education, logistics & supply chain, power generation, and automotive bore the brunt of the pandemic's impact. The oil & gas sector experienced a substantial downturn, with petroleum consumption plummeting to historic lows due to travel restrictions and economic slowdowns.
However, supportive government policies and stimulus packages aimed at reviving economies are expected to facilitate the recovery of end-use industries, thereby driving demand for cold drawn seamless steel pipes in the coming years.
Browse in depth @ https://www.meticulousresearch.com/product/cold-drawn-seamless-steel-pipes-market-5266
Based on application, the cold drawn seamless steel pipes market is segmented into precision instrumentation, boiler tubes, heat exchanger tubes, hydraulic applications, fluid transfer lines, rifled tubes, bearing pipes, mining applications, automotive applications, and general engineering applications. In 2022, the boiler tubes segment is estimated to account for the largest share of the cold drawn seamless steel pipes market. This segment is also slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the increasing need for boiler tubes in steam boilers, fossil fuel plants, industrial processing plants, and electric power plants.
Stay Ahead of the Curve with Our Insightful Analysis : https://meticulousblog.org/top-10-companies-in-cold-drawn-seamless-steel-pipes-market/
Based on end-use industry, the cold drawn seamless steel pipes market is segmented into oil & gas, infrastructure & construction, power generation, automotive, and other end-use industries. In 2022, the oil & gas segment is estimated to account for the largest share of the cold drawn seamless steel pipes market. The large share of this segment is attributed to the increasing government initiatives and investments and the rising requirement for upstream operations, including onshore and offshore drilling, general plumbing applications, and midstream operations in the oil & gas industry. However, the power generation segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is driven by the growing need for low machinery, tighter tolerances, section properties & improved straightness in bearings, wind turbine components, and nuclear, solar, and coal energy plants.
Furthermore, geopolitical tensions between Russia and Ukraine have disrupted global supply chains, potentially escalating into conflicts with significant monetary damages, including disruptions in iron & steel supplies.
Market Segmentation and Key Players:
The cold drawn seamless steel pipes market is segmented based on standard, product type, production process, application, end-use industry, and geography. Leading players in the market include Nippon Steel Corporation, ArcelorMittal S.A., Jindal Saw Ltd., ISMT Ltd., Salzgitter AG, Tenaris S.A., JFE Holdings, Inc., American Piping Products Inc., Chicago Tube and Iron Company, United Seamless Tubulaar Private Limited, Xiamen Landee Industries Co., Ltd., Hunan Standard Steel Co.,Ltd, U. S. Steel Tubular Products Inc., Sunny Steel Enterprise Ltd., and Bri-steel manufacturing.
Quick Buy @ https://www.meticulousresearch.com/Checkout/86363352
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 Cold Drawn Seamless Steel Pipes Market Projected to Reach $22,335.7 Million by 2029-Exclusive Report by Meticulous Research® here
News-ID: 3418764 • Views: …
More Releases from Meticulous Research®
Autonomous AI and Autonomous Agents Market Poised for Massive Growth
The global autonomous AI and autonomous agents market is witnessing exponential expansion, driven by rapid advancements in machine learning, deep learning, and artificial intelligence adoption across multiple industries. Valued at USD 7.91 billion in 2024, the market is projected to reach USD 11.5 billion in 2025 and surge to a staggering USD 477.8 billion by 2035, registering a CAGR of 45.2% during the forecast period.
As industries increasingly look for ways…
AI-Generated Fashion Market to Reach $75.9 Billion by 2035 | Meticulous Research
AI-Generated Fashion Market Overview
The global AI-generated fashion market is experiencing explosive growth as artificial intelligence reshapes the way clothing, footwear, and accessories are designed, marketed, and consumed. The market was valued at USD 2.14 billion in 2024 and is expected to reach USD 2.91 billion in 2025. Looking further ahead, it is projected to skyrocket to nearly USD 75.9 billion by 2035, growing at a staggering CAGR of 38.6%. This…
Enterprise Data Visualization Market Size, Share & Forecast 2035 | Meticulous Re …
Enterprise Data Visualization System Market Overview
The global enterprise data visualization system market is on a remarkable growth path. Valued at USD 9.75 billion in 2024, it is expected to reach USD 11.13 billion in 2025 and surge to nearly USD 40.16 billion by 2035, expanding at a robust CAGR of 13.6% during the forecast period. This rapid growth highlights the increasing importance of data visualization as organizations strive to transform…
Enterprise Generative AI Market to Witness Explosive Growth by 2035 | Meticulous …
The enterprise generative AI market is entering a transformative era as businesses worldwide embrace artificial intelligence to drive innovation, enhance customer engagement, and optimize operations. Generative AI, which refers to algorithms and models capable of creating new content such as text, images, audio, and code, is no longer confined to research labs or niche applications. It has rapidly moved into mainstream enterprise use cases, reshaping industries like IT & telecom,…
More Releases for ASTM
Understanding ASTM A312: The Standard for Stainless Steel Pipe (Seamless & ERW)
Image: https://ecdn6.globalso.com/upload/p/3937/image_other/2025-08/astm-a312-stainless-steel-pipes.jpg
Introduction
In the industries that face corrosion as a constant foe - stainless steel pipe is typically the material of choice. Its longevity, its cleanliness, and its resistance to chemical attack makes it irreplaceable. The main specification that governs this vital well is ASTM 312. This guide shows easy way of looking at the standard, explains key differences in seamless vs welded types, and breaks down the most common grades…
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…
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…
