Press release
Metal Pipe Market Poised to Reach $129 Billion by 2030, Driven by 4.05% CAGR and Rising Oil & Gas Demand
Metal Pipe Market
The Global Metal Pipe Market is projected to experience substantial growth driven by rising demand across industries such as oil & gas, construction, and automotive. According to the latest insights, the market size was valued at USD X billion in 2023 and is anticipated to grow at a CAGR of Y% during the forecast period of 2024-2030. This press release delves into regional opportunities, trends, and consolidations across key markets, including Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe, with recent developments and mergers in the industry.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/65748/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam has emerged as a significant market for metal pipes, fueled by rapid industrialization and expanding infrastructure projects. The government's focus on modernizing its transport and energy sectors has led to increased investments in pipeline systems. Key players such as ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ญ๐๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง have announced partnerships to enhance domestic production capacities.
๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's robust automotive and manufacturing sectors continue to drive the demand for metal pipes. The market is supported by the government's initiatives under the "Thailand 4.0" framework. Recent mergers, including ๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ acquiring smaller pipe manufacturers, have strengthened the supply chain and provided a competitive edge in exports.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ
Japan's emphasis on technological advancements has positioned the country as a leader in producing high-quality metal pipes. The shift toward lightweight, corrosion-resistant materials for automotive and aerospace applications is a notable trend. Companies like ๐๐ข๐ฉ๐ฉ๐จ๐ง ๐๐ญ๐๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are investing heavily in R&D to introduce innovative products.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/65748/
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea has witnessed significant consolidations in its metal pipe market, driven by large-scale industrial projects. Key players, including ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐ญ๐๐๐ฅ, have entered joint ventures with international firms to expand production capabilities and cater to export demands.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Singapore's strategic location as a trade hub has contributed to its growing metal pipe market. Recent updates include the establishment of advanced manufacturing facilities by NatSteel Holdings to cater to increasing demand in the construction and energy sectors.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ
The United States remains one of the largest consumers of metal pipes, particularly in the oil & gas and water supply sectors. Recent opportunities have emerged due to government funding for infrastructure upgrades. Notably, ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐ญ๐๐๐ฅ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง announced significant investments in eco-friendly pipe manufacturing technologies.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/65748/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Europe's push toward sustainable development has significantly influenced the metal pipe market. The region has seen increased demand for pipes in renewable energy projects. Companies such as ArcelorMittal are leading the market with innovative, environmentally friendly products.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ซ๐ ๐๐ซ๐ฌ
Vietnam: Vietnam Pipe Corporation partnered with international firms to enhance production capacity.
Thailand: Sahaviriya Steel Industries announced the acquisition of regional suppliers to strengthen its domestic presence.
Japan: Investments by Sumitomo Corporation in advanced steel pipe technologies.
South Korea: Joint ventures by POSCO to expand global reach.
Singapore: Launch of sustainable manufacturing plants by BRC Asia Limited.
US: Infrastructure funding spurred collaborations between Tenaris and other major players.
Europe: Mergers involving Salzgitter AG and smaller European firms to drive sustainability in production.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-metal-pipe-market/65748/
๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Oil and Gas
Potable Water
Wastewater
Power Generation
Automotive
HVAC and Electrical
Others
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Steel Pipes
Ductile Iron Pipes
Copper Pipes
Other Material Pipes
๐๐ฒ ๐๐ข๐๐ฆ๐๐ญ๐๐ซ
Small Diameter Pipes
Large Diameter Pipes
๐๐ฒ ๐๐ซ๐๐ฌ๐ฌ๐ฎ๐ซ๐ ๐๐๐ญ๐ข๐ง๐ ๐ฌ
Less than 300 psi Pressure Pipes
300-1000 psi Pressure Pipes
1000-3000 psi Pressure Pipes
More than 3000 psi Pressure Pipes
๐๐๐ญ๐๐ฅ ๐๐ข๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ Global Green Manufacturing In Electronics Market https://www.maximizemarketresearch.com/market-report/global-green-manufacturing-in-electronics-market/87125/
โฆ Global Metal Pipe Market https://www.maximizemarketresearch.com/market-report/global-metal-pipe-market/65748/
โฆ Global Precious Metal Catalysts Market https://www.maximizemarketresearch.com/market-report/global-precious-metal-catalysts-market/24675/
โฆ Global Sintered Steel Market https://www.maximizemarketresearch.com/market-report/global-sintered-steel-market/117255/
โฆ Recruitment Process Outsourcing Rpo Market https://www.maximizemarketresearch.com/market-report/global-recruitment-process-outsourcing-rpo-market/51657/
โฆ Global Manhole Covers Market https://www.maximizemarketresearch.com/market-report/global-manhole-covers-market/16306/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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 Metal Pipe Market Poised to Reach $129 Billion by 2030, Driven by 4.05% CAGR and Rising Oil & Gas Demand here
News-ID: 3809252 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT.LTD
Raw Pet Food Market Poised for Growth Projected to Reach USD 14.55 Billion by 20 โฆ
๐๐๐ฐ ๐๐๐ญ ๐
๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The global raw pet food market is gaining traction, driven by the rising demand for natural and minimally processed pet food options. With a market size valued at USD 7387.57 Million in 2023, it is projected to grow at a robust CAGR of 10.16% during the forecast period from 2024 to 2030, reaching USD 14546.03 Million by the end of 2030. This press release explores country-specificโฆ
Zircon Sand Market to Reach USD 3.99 Billion by 2030, Growing at a CAGR of 8.2%
Zircon Sand Market Overview
The global zircon sand market is witnessing substantial growth, driven by its applications across various industries, including ceramics, refractories, and foundries. Valued at USD X billion in 2023, the market is expected to reach USD Y billion by 2030, growing at a CAGR of Z% from 2024 to 2030. This press release provides a comprehensive analysis of the market dynamics, country-specific developments, and recent trends.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐,โฆ
Automotive Brake Caliper Market to Reach USD 21.53 Billion by 2030, Growing at a โฆ
Automotive Brake Caliper Market Overview
The Global Automotive Brake Caliper Market is witnessing significant advancements driven by technological innovations and the surging demand for efficient braking systems. The market was valued at USD X billion in 2023 and is projected to grow at a CAGR of X% from 2024 to 2030, reaching USD X billion. This press release explores country-specific growth, opportunities, trends, consolidation, and updation in the market across Vietnam,โฆ
Account Reconciliation Software Market to Reach $8.10 Billion by 2030, Growing a โฆ
Account Reconciliation Software Market Overview
Global Account Reconciliation Software Market Poised for Growth
The global account reconciliation software market is projected to experience substantial growth, reaching a market valuation of USD X billion by 2030, growing at a CAGR of X.X% from 2024 to 2030. This growth is driven by the increasing adoption of automated financial solutions and advancements in AI and cloud technologies.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/104828/โฆ
More Releases for Pipe
Seamless casing pipe vs ERW casing pipe
Seamless steel casing pipes-casing made of seamless steel pipe as raw material
Seamless pipe refers to a steel pipe manufactured by four methods: hot rolling, cold rolling, hot drawing, and cold drawing. There is no weld seam on the pipe body itself.
ERW casing pipe-casing made of electric welded pipe as raw material
ERW pipe refers to a straight seam welded pipe manufactured through a high-frequency resistance welding process. The raw material steelโฆ
Comparison of ERW Welded Pipe and Seamless Steel Pipe (tested by PetroChina Pipe โฆ
1. Outer diameter tolerance
ERW steel pipe: It is cold-formed and sizing is completed by reducing the diameter by 0.6%. The process temperature is basically constant at room temperature. Therefore, the outer diameter is controlled accurately and the fluctuation range is small, which is helpful to eliminate black leather buckles.
Seamless steel tube: The hot-rolling forming process is used, and its sizing is completed at about 8000C. The raw material composition, coolingโฆ
Conduit Pipe Market Bolstered by Emerging New Advancements, Says QYR | ABB, Nati โฆ
LOS ANGELES, United States: The report is an all-inclusive research study of the global Conduit Pipe market taking into account the growth factors, recent trends, developments, opportunities, and competitive landscape. The market analysts and researchers have done extensive analysis of the global Conduit Pipe market with the help of research methodologies such as PESTLE and Porterโs Five Forces analysis. They have provided accurate and reliable market data and useful recommendationsโฆ
HDPE Pipes Market Current Trends and Detailed Study with Forecast to 2028 | Oil โฆ
Global HDPE Pipes Market: Overview
The application of high density polyethylene (HDPE) pipes has increased in industry like chemical, electronics, and gas distribution. As a result of this extensive application, the global HDPE pipes market is witnessing a substantial growth in the forecast period of 2018 to 2028. Moreover, the growing demand for HDPE pipes in drainage and sewerage industry is another factor that is responsible for the growth ofโฆ
Global HDPE 100 Pipe Market 2017 LESSO, Cangzhou Mingzhu, Junxing Pipe, Ginde Pi โฆ
In this report, the global HDPE 100 Pipe market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Global Market Report HDPE 100 Pipe Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This HDPE 100 Pipe Industry report also states Company Profile, sales,โฆ
Anti-corrosion Steel Pipe and Coating Steel Pipe
Anti-corrosion steel pipe refers to do anti-corruption treatment for the ordinary steel pipe with special technology, making the steel pipe equipped certain corrosion resistance.Generally used in waterproof, anti-rust, acid and alkali proof, anti-oxidation and so on.Different needs, different inside and outside wall corresponding anti-corrosion measures.Common are: epoxy coal tar anti-corrosion, anti-corrosion epoxy coatings, urethane paint anti-corrosion, IPN8710 water pipeline corrosion protection, non-toxic paint anti corrosion,anti-corrosion polymer coating, steel pipe liningโฆ
