Press release
Electric Resistance Welding (ERW) Pipes & Tubes Market Size & Share, Growth, and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Electric Resistance Welding (ERW) Pipes & Tubes” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Welded pipes are pipes that have welded seam across their length. Electric resistance welding (ERW) is one of the many processes of manufacturing welded metal pipes. This process is used to manufacture pipes and tubes with lower wall thickness. In ERW, a flat strip of the metal is passed through a series of rollers to mold them in a cylindrical shape. This cylindrical shaped pipe is then welded by passing a high frequency electric stream between the edges and forcing them together to make a bond. These pipes and tubes are used in various applications in industries such as building & construction, automotive, and oil & gas.
Increase in demand for ERW pipes and tubes in automotive and extensive use of these pipes and tubes in the building & construction industry are factors driving the ERW pipes & tubes market. This is prompting companies to increase the production of these pipes and tubes. Additionally, easy availability of raw materials is anticipated to boost the demand for ERW pipes and tubes in the near future.
The global ERW pipes & tubes market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture these pipes. Development of new manufacturing processes of electric resistance welding pipes & tubes and applications is estimated to propel the market. However, the threat of substitution from seamless pipes is projected to hamper the market.
Based on material, the ERW pipes & tubes market can be divided into steel, copper & alloys, nickel & alloys, and others. The steel segment of the ERW pipes & tubes market is anticipated to expand at a significant pace owing to the increase in demand from emerging economies such as India and China.
In terms of application, the ERW pipes & tubes market can be segregated into oil & gas, infrastructure & construction, power generation, automotive, engineering, and others. The oil & gas segment of the ERW pipes & tubes market is anticipated to expand at a considerable pace due to the rise in demand for these pipes in upcoming oil & gas projects across the globe.
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Based on geography, the ERW pipes & tubes market can be split into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute key share of the market during the forecast period. The ERW pipes & tubes market in Asia Pacific also estimated to expand at a considerable pace owing to the increase in demand for these pipes & tubes in infrastructure & construction and automotive sectors in the region. Middle East & Africa is likely to be an attractive region of the ERW pipes & tubes market during the forecast period due to the rise in demand for these in the oil & gas industry.
Prominent players operating in the global ERW pipes & tubes market include Nippon Steel & Sumitomo Metal Corporation, Arcelormittal S.A., JFE Holdings, Inc., and Tenaris S.A.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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