Metal Pipe Market Business Strategy, Growing Trends And Competitive Landscape

Overview of the Metal Pipe Market:

The market's primary development driver is the rise in oil and gas production as a result of demand from the transportation sector. The oil and gas sector is the primary user of steel pipes and tubes. Steel pipes are used in this business to transport liquid and gas. Carbon steel or low alloy steel are frequently utilised in pipe building. Inner diameter, ductility, yield strength, and pressure rating are some of the most crucial factors to take into account when selecting pipes for certain uses. In the US oil and gas industry, steel pipes and tubes are widely utilised.

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Metal Pipe Market Valuation:

Metal Pipe Market is expected to reach US$ 123.98 Bn. in 2029, with a CAGR of 4.05% for the period 2022-2029, because of the growing demand from oil & gas industry.

Current Trends in Pipe Support and the Greatest Innovations in the Industry:

Composite Pipe Support Advances

Dissimilar Metal Corrosion: When two dissimilar metals with different chemical properties are connected, galvanic corrosion can be accelerated and pipes can be ruined. Using a nonmetallic support, like a composite pipe shoe, manufacturers can raise pipes off metal surfaces and isolate metals that would otherwise cause harmful reactions.

Surface Abrasion: The use of sophisticated composite pipe supports can now lessen abrasion damage. They cushion heavy pipes during movement and raise pipes off harsh surfaces. One popular trend is ProTek Composite Wear Pads, which protect a pipe's surface by lying directly on it. Conversely, composite pipe shoes build upon this idea; examples are ProTek Composite Pipe Shoes and CryoTek Pipe Shoes. These pipe shoes don't require metal in order to lift pipes and support large weights.

Metal Pipe Market Segmentation

by End Use Industry

Oil and Gas
Potable Water
Wastewater
Power Generation
Automotive
HVAC and Electrical
Others

The Metal Pipe Market was headed by the Oil & Gas segment in 2020.

With about 52% of global revenue coming from this sector in 2022, oil and gas continued to dominate the industry. The category is anticipated to hold its top spot during the estimated period (2023-2029) due to the wide range of uses of the products in the oil and gas industry, including OCTG, transportation, and process pipes for turning crude oil into petroleum products.

Chemicals and petrochemicals is predicted to expand at a compound annual growth rate (CAGR) of 5.01 percent in terms of volume between 2022 and 2029. Because of its strong resistance to oxidation and corrosion, steel pipes and tubes are being utilised more frequently in petrochemical plants for process refining. They are also able to withstand different pressure levels.

by Material

Steel Pipes
Ductile Iron Pipes
Copper Pipes
Other Material Pipes

by Diameter

Small Diameter Pipes
Large Diameter Pipes

by Pressure

Ratings Less than 300 psi Pressure Pipes
300-1000 psi Pressure Pipes
1000-3000 psi Pressure Pipes
More than 3000 psi Pressure Pipes

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Metal Pipe Market Key Players

1. ArcelorMIttal S.A.
2. Compagnie de Saint-Gobain SA
3. Kaiser Aluminum Corporation
4. Northwest Pipe Company
5. Saudi Arabian Amiantit Company
6. Muller Industries, Inc.
7. Narsk Hydro ASA
8. Nippon Steel and Sumitomo Metals
9. TMK Group
10.Tenaris SA
11.Hebei Iron & Steel Group
12.Baosteel
13.Wuhan Iron & Steel Group
14.Vallourec
15.United States Steel Corporation
16.Amiantit
17.Others

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Table of content for the Metal Pipe Market includes:

Part 01: Executive Summary

Part 02: Scope of the Metal Pipe Market Report

Part 03: Global Metal Pipe Market Landscape

Part 04: Global Metal Pipe Market Sizing

Part 05: Global Metal Pipe Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The global Metal Pipe market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Metal Pipe Market is experiencing a rise in demand , driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Metal Pipe to bolster military capabilities.

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