Seamless Pipes Market Worth $237.11 Billion by 2022

Seamless pipes can be manufactured using three processes, namely, continuous mandrel rolling, multi-stand plug mill, and cross-roll piercing & pilger rolling. The seamless pipes market is estimated to be $ 183.79 Billion in 2017 and is projected to reach $ 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.

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Companies operating in the global seamless pipes market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (U.S.), Schulz USA (U.S.), ChelPipe (Russia), EVRAZ Plc (U.K.), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).
The increasing demand for seamless pipes from emerging countries and increasing investments in the infrastructure & construction end-use industry are the key factors expected to drive the growth of the market in the coming years.
The cross-roll piercing & pilger rolling segment of the seamless pipes market is estimated to be the largest segment of the market in 2017. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.
The oil & gas segment is estimated to be the largest end-use industry of the seamless pipes market in 2017. Seamless steel pipes are preferred in oil and gas projects, due to their durability, strength, and corrosion resistance. Seamless pipes are majorly used in offshore rigs and oil field drilling activities.
Browse 107 Market Data Tables and 53 Figures spread through 169 Pages and in-depth TOC on "Seamless Pipes Market by Type (Hot Finished, Cold Finished), Production Process (Continuous Mandrel Rolling, Multi-stand Plug Mill (MPM), Cross-roll Piercing & Pilger Rolling), Material, End-use Industry, and Region - Global Forecast to 2022"
http://www.rnrmarketresearch.com/seamless-pipes-market-by-type-hot-finished-cold-finished-production-process-continuous-mandrel-rolling-multi-stand-plug-mill-mpm-cross-roll-piercing-pilger-rolling-material-end-use-industry-and-region-st-to-2022-market-report.html
A large number of pipeline projects are expected to be commissioned across the globe in the next five years, which is expected to drive the demand for seamless pipes in the coming years. These pipes are also used in the infrastructure & construction end-use industry mainly for water supply, sewage transport, and so on. The infrastructure & construction segment is expected grow at the highest CAGR of 5.9% during the forecast period of 2017 to 2022.
Target Audience
1) Manufacturers of Seamless Pipes
2) Traders, Distributors, and Suppliers of Seamless Pipes
3) End-Use Industries Operating in the Seamless Pipes Supply Chain
4) Government and Research Organizations
5) Associations and Industrial Bodies
6) Project Contractors
7) Research and Consulting Firms
8) R&D Institutions
9) Environment Support Agencies
10) Investment Banks and Private Equity Firms

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Hot finish seamless pipes are majorly manufactured through processes, such as extrusion, rotary piercing, and other hot working processes. The cost of hot finish seamless pipes is lesser than cold finished seamless pipes and thus the pipes are preferred in different end-use applications. Based on type, the hot finish seamless pipes segment is estimated to be a larger segment of the market in 2017. The segment is expected to grow from $ 98.80 billion in 2017 to $ 130.20 billion by 2022, at a CAGR of 5.7% during the forecast period.
The seamless pipes market has a diversified ecosystem, which includes seamless pipe manufacturers, raw material suppliers, along with project contractors and service providers, vendors, end users, and government organizations.

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