Global Seamless Pipes Market Overview
According to SPER Market Research, the Global Seamless Pipes Market is estimated to reach USD 408.56 billion by 2032 with a CAGR of 5.47%.
Seamless pipes are those that have no welding seams or joints at all. Even in situations of intense temperature, pressure, and chemical reactions, seamless pipes offer greater physical strength and corrosion resistance.
The primary factor driving the market growth rate is the rise in demand for seamless pipes from the automotive and transportation sectors. Increased oil and gas exploration activities, expanding use of high seamless pipes due to their advantages in high pressure, temperature, mechanical stress, and corrosive environments, and growth and expansion of different end user verticals in emerging economies will all have a direct and positive impact on the market's growth rate. The big corporations' increasing investment in R&D, the rate of industrialization's acceleration, the increased attention paid to technological developments, and the modernization of manufacturing methods will all contribute to the market's continued expansion.
However, the lack of raw material demand, strict environmental requirements on end-use industries, and supply due to lockout and price volatility would be a big obstacle to the market's expansion. The market growth rate will be slowed down by high costs related to R&D, higher prices for seamless pipes compared to alternatives, rising import and export tariffs, and stringent international trade regulations. The market's potential for expansion will also be constrained by fierce price rivalry from Chinese producers and the prevalence of low cost alternatives in the marketplace.
Impact of COVID-19 on the Global Seamless Pipes Market
The COVID-19 epidemic is a raging catastrophe that is destroying markets and industries all over the planet. Construction, manufacturing, infrastructure development, chemical production, petroleum refining, oil and gas exploration, and industrial processing have all been impacted. These industries are already seeing the effects of the economic downturn, including increased unemployment, declining consumer spending, declining corporate confidence, and reducing investments. The most severe demand shock was caused by travel restrictions, the closure of all non-essential production facilities, and office closures. However, once the economies reopen and economic activity gathers up steam, the market will recover. Recovery following COVID-19 will be fueled by increased exploration and production activities, rising oil prices, and the ensuing sustained growth. In the upcoming years, the commercial value of ultrahigh-strength seamless tubes will rise in applications like construction machinery, particularly in light of weight reduction and fuel and energy optimization.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Material, By Production Process, By End User
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | ArcelorMittal, JFE Holdings, Inc., Jindal SAW Ltd, NIPPON STEEL CORPORATION, OAO TMK, Precision Castparts Corp., Salzgitter AG, Sandvik AB, Seeberger GmbH & Co. KG, Shalco Industries Pvt. Ltd., Tenaris, TPCO Enterprise, Inc., United Seamless Tubulaar Pvt. Ltd., United States Steel Corporation, VALLOUREC, ZAFFERTEC, Zekelman Industries
|
Global Seamless Pipes Market Segmentation:
1. By Type:
- Cold Finished Seamless Pipes
- Hot Finished Seamless Pipes
2. By Material:
- Aluminium & Magnesium Alloys
- Copper & Alloys
- Nickel & Alloys
- Steel & Alloys
3. By Production Process:
- Continuous Mandrel Rolling
- Cross-roll Piercing & Pilger Rolling
- Multi-stand Plug Mill
4. By End User:
- Automotive
- Engineering
- Infrastructure & Construction
- Oil & Gas
- Power Generation
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Seamless Pipes Market (FY’2019-FY’2032)
- Overview of Global Seamless Pipes Market
- Segmentation of Global Seamless Pipes Market By Type (Cold Finished Seamless Pipes, Hot Finished Seamless Pipes)
- Segmentation of Global Seamless Pipes Market By Material (Aluminium & Magnesium Alloys, Copper & Alloys, Nickel & Alloys, Steel & Alloys, Others)
- Segmentation of Global Seamless Pipes Market By Production Process (Continuous Mandrel Rolling, Cross-roll Piercing & Pilger Rolling, Multi-stand Plug Mill)
- Segmentation of Global Seamless Pipes Market By End User (Automotive, Engineering, Infrastructure & Construction, Oil & Gas, Power Generation, Others)
- Statistical Snap of Global Seamless Pipes Market
- Global Seamless Pipes Market Growth Analysis
- Problems and Challenges in Global Seamless Pipes Market
- Global Seamless Pipes Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Seamless Pipes Market
- Details on Recent Investment in Global Seamless Pipes Market
- Competitive Analysis of Global Seamless Pipes Market
- Major Players in the Global Seamless Pipes Market
- SWOT Analysis of Global Seamless Pipes Market
- Global Seamless Pipes Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Seamless Pipes Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Seamless Pipes Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Seamless Pipes Market
7. Global Seamless Pipes Market, By Type, 2019-2032 (USD Million)
7.1 Cold Finished Seamless Pipes
7.2 Hot Finished Seamless Pipes
8. Global Seamless Pipes Market, By Material, 2019-2032 (USD Million)
8.1 Aluminium & Magnesium Alloys
8.2 Copper & Alloys
8.3 Nickel & Alloys
8.4 Steel & Alloys
8.5 Others
9. Global Seamless Pipes Market, By Production Process, 2019-2032 (USD Million)
9.1 Continuous Mandrel Rolling
9.2 Cross-roll Piercing & Pilger Rolling
9.3 Multi-stand Plug Mill
10. Global Seamless Pipes Market, By End User, 2019-2032 (USD Million)
10.1 Automotive
10.2 Engineering
10.3 Infrastructure & Construction
10.4 Oil & Gas
10.5 Power Generation
10.6 Others
11. Global Seamless Pipes Market, By Region, 2019-2032 (USD Million)
11.1 Global Seamless Pipes Market and Market Share by Region (2019-2025)
11.2 Global Seamless Pipes Market and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profiles
12.1 ArcelorMittal
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 JFE Holdings, Inc.
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Jindal SAW Ltd
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 NIPPON STEEL CORPORATION
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 OAO TMK
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Precision Castparts Corp.
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Salzgitter AG
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Sandvik AB
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Seeberger GmbH & Co. KG
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Shalco Industries Pvt. Ltd.
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11 Tenaris
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 TPCO Enterprise, Inc.
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
12.13 United Seamless Tubulaar Pvt. Ltd.
12.13.1 Company details
12.13.2 Financial outlook
12.13.3 Product summary
12.13.4 Recent developments
12.14 United States Steel Corporation
12.14.1 Company details
12.14.2 Financial outlook
12.14.3 Product summary
12.14.4 Recent developments
12.15 VALLOUREC
12.15.1 Company details
12.15.2 Financial outlook
12.15.3 Product summary
12.15.4 Recent developments
12.16 ZAFFERTEC
12.16.1 Company details
12.16.2 Financial outlook
12.16.3 Product summary
12.16.4 Recent developments
12.17 Zekelman Industries
12.17.1 Company details
12.17.2 Financial outlook
12.17.3 Product summary
12.17.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
