PUBLISHER: Acute Market Reports | PRODUCT CODE: 1165323
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1165323
Clad Pipe Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
"Rapid growth in oil and gas industry is driving the growth of clad pipe market"
Globally, the clad pipe market is expected to grow with a CAGR of more than 5.8% during the forecast period from 2019 to 2027, starting from US$2.2 Bn in 2018. Clad pipes are made by welding the pipe with clad material. This process is done mainly to increase the strength of the pipe, reduce corrosion, and achieve maximum cost benefits. The clad pipes are mostly used in oil and gas industry to withstand the high-pressure and high temperature environment. The primary factor associated with increased utilization of clad pipes is concerns regarding corrosion. Most of the manufacturing, oil and gas, and mining industries face corrosion problems, due to the flow of heavy chemicals and gases. This has mainly driven attention of the industries towards clad pipes.
Factors such as growing oil and gas industry, increasing demand for petrochemical components, growing demand for light weight and corrosion resistant material, and changing manufacturing sector are driving the growth of clad pipe market across the globe. However, high cost of these pipes and critical manufacturing process are some of the factors hampering the growth of this market during the forecast period.
"Metallurgical bonded segment dominates the clad pipe market"
Based on type, the market is segmented into metallurgical bonded, mechanically lined, and weld overlay. The metallurgical bonded clad pipes are highly adopted across the globe, hence hold the maximum market share in the global clad pipe market. These pipes have small wall thickness and are strong compared to all other types of clad pipes. Also, the metallurgical bonded clad pipes are light in weight and its manufacturing process cost effective and easy. These advantages make it easy for the manufacturer to make these pipes available for the customer. Additionally, based on its properties, its adoption is also high and thus dominates the market by generating the largest revenue in the global clad pipe market.
"Europe and Rest of the World to witness a rapid growth in the forecast period"
In the global clad pipe market, North America held the largest market share in 2018. However, Europe and Middle Eastern countries are likely to witness the fastest growth during the forecast period. This high growth is mainly attributed to factors such as growth oil and gas industry, increasing demand for petrochemical substances, increasing amount of offshore activities, and growing investment in development and advancement of manufacturing processes. Moreover, major players in the oil and gas industry are investing in some of the European countries and other countries such as China, South Africa, and UAE. This increasing investment also drives the market for clad pipes in these regions. The developing countries offer lucrative growth opportunities for offshore activities, hence are suitable for players to invest.
Some of the prominent players operating in the clad pipe market include NobelClad, Japan Steel Works, Proclad, Tenaris SA, Inox Tech, Eisenbau Kramer, IODS Pipe Clad Ltd, EEW Group, BUTTING Group, Gieminox Tectubi Raccordi S.R.L., Cladtek Holdings Pte Ltd, Canadoil Group Ltd, Guangzhou Pearl River Petroleum Steel Pipe, Precision Castparts Corp, and Jiuli Group among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Clad Pipe market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Clad Pipe market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Type
Metallurgical Bonded
Mechanically Lined
Weld Overlay
Wall Thickness
3-6 mm
6-18 mm
18-36 mm
36-60 mm
60-120 mm
Grade
316
625
825
Others
Outer Diameter
4-12 Inch
12-24 Inch
24-48 Inch
48-60 Inch
60-120 Inch
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Clad Pipe market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Clad Pipe market?
Which is the largest regional market for Clad Pipe market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Clad Pipe market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Clad Pipe market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Clad Pipe Market
- 2.2. Global Clad Pipe Market, By Type, 2021 (US$ Million)
- 2.3. Global Clad Pipe Market, By Wall Thickness, 2021 (US$ Million)
- 2.4. Global Clad Pipe Market, By Grade, 2021 (US$ Million)
- 2.5. Global Clad Pipe Market, By Outer Diameter, 2021 (US$ Million)
- 2.6. Global Clad Pipe Market, By Geography, 2021 (US$ Million)
- 2.7. Impact of Covid 19
- 2.8. Attractive Investment Proposition by Geography, 2021
- 2.9. Competitive Analysis
- 2.9.1. Market Positioning of Key Clad Pipe Market Vendors
- 2.9.2. Strategies Adopted by Clad Pipe Market Vendors
- 2.9.3. Key Industry Strategies
3. Clad Pipe Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Clad Pipe Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Metallurgical Bonded
- 4.3.2. Mechanically Lined
- 4.3.3. Weld Overlay
5. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. 3-6 mm
- 5.3.2. 6-18 mm
- 5.3.3. 18-36 mm
- 5.3.4. 36-60 mm
- 5.3.5. 60-120 mm
6. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. 316
- 6.3.2. 625
- 6.3.3. 825
- 6.3.4. Others
7. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. 4-12 Inch
- 7.3.2. 12-24 Inch
- 7.3.3. 24-48 Inch
- 7.3.4. 48-60 Inch
- 7.3.5. 60-120 Inch
8. North America Clad Pipe Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 8.3. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 8.4. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 8.5. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 8.6.Clad Pipe Market: By Region, 2020-2030, USD (Million)
- 8.6.1.North America
- 8.6.1.1. U.S.
- 8.6.1.2. Canada
- 8.6.1.3. Rest of North America
- 8.6.1.North America
9. UK and European Union Clad Pipe Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 9.3. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 9.4. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 9.5. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 9.6.Clad Pipe Market: By Region, 2020-2030, USD (Million)
- 9.6.1.UK and European Union
- 9.6.1.1. UK
- 9.6.1.2. Germany
- 9.6.1.3. Spain
- 9.6.1.4. Italy
- 9.6.1.5. France
- 9.6.1.6. Rest of Europe
- 9.6.1.UK and European Union
10. Asia Pacific Clad Pipe Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 10.3. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 10.4. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 10.5. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 10.6.Clad Pipe Market: By Region, 2020-2030, USD (Million)
- 10.6.1.Asia Pacific
- 10.6.1.1. China
- 10.6.1.2. Japan
- 10.6.1.3. India
- 10.6.1.4. Australia
- 10.6.1.5. South Korea
- 10.6.1.6. Rest of Asia Pacific
- 10.6.1.Asia Pacific
11. Latin America Clad Pipe Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 11.3. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 11.4. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 11.5. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 11.6.Clad Pipe Market: By Region, 2020-2030, USD (Million)
- 11.6.1.Latin America
- 11.6.1.1. Brazil
- 11.6.1.2. Mexico
- 11.6.1.3. Rest of Latin America
- 11.6.1.Latin America
12. Middle East and Africa Clad Pipe Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Clad Pipe Market: By Type, 2020-2030, USD (Million)
- 12.3. Clad Pipe Market: By Wall Thickness, 2020-2030, USD (Million)
- 12.4. Clad Pipe Market: By Grade, 2020-2030, USD (Million)
- 12.5. Clad Pipe Market: By Outer Diameter, 2020-2030, USD (Million)
- 12.6.Clad Pipe Market: By Region, 2020-2030, USD (Million)
- 12.6.1.Middle East and Africa
- 12.6.1.1. GCC
- 12.6.1.2. Africa
- 12.6.1.3. Rest of Middle East and Africa
- 12.6.1.Middle East and Africa
13. Company Profile
- 13.1. Proclad, Tenaris SA
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Inox Tech
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Eisenbau Kramer
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. IODS Pipe Clad Ltd
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. EEW Group
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. BUTTING Group
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Gieminox Tectubi Raccordi S.R.L.
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. Cladtek Holdings Pte Ltd
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. Canadoil Group Ltd
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. Guangzhou Pearl River Petroleum Steel Pipe
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives
- 13.11. Precision Castparts Corp
- 13.11.1. Company Overview
- 13.11.2. Financial Performance
- 13.11.3. Product Portfolio
- 13.11.4. Strategic Initiatives
- 13.12. Jiuli Groupamong
- 13.12.1. Company Overview
- 13.12.2. Financial Performance
- 13.12.3. Product Portfolio
- 13.12.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 2 Global Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 3 Global Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 4 Global Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
- TABLE 5 North America Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 6 North America Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 7 North America Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 8 North America Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 10 UK and European Union Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 11 UK and European Union Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 12 UK and European Union Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
- TABLE 13 Asia Pacific Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 14 Asia Pacific Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 15 Asia Pacific Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 16 Asia Pacific Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
- TABLE 17 Latin America Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 18 Latin America Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 19 Latin America Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 20 Latin America Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
- TABLE 21 Middle East and Africa Clad Pipe Market By Type, 2020-2030, USD (Million)
- TABLE 22 Middle East and Africa Clad Pipe Market By Wall Thickness, 2020-2030, USD (Million)
- TABLE 23 Middle East and Africa Clad Pipe Market By Grade, 2020-2030, USD (Million)
- TABLE 24 Middle East and Africa Clad Pipe Market By Outer Diameter, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Clad Pipe Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Clad Pipe Market: Quality Assurance
- FIG. 5 Global Clad Pipe Market, By Type, 2021
- FIG. 6 Global Clad Pipe Market, By Wall Thickness, 2021
- FIG. 7 Global Clad Pipe Market, By Grade, 2021
- FIG. 8 Global Clad Pipe Market, By Outer Diameter, 2021
- FIG. 9 Global Clad Pipe Market, By Geography, 2021
- FIG. 10 Global Clad Pipe Market, By Type, 2021 Vs 2030, %
- FIG. 11 Global Clad Pipe Market, By Wall Thickness, 2021 Vs 2030, %
- FIG. 12 Global Clad Pipe Market, By Grade, 2021 Vs 2030, %
- FIG. 13 Global Clad Pipe Market, By Outer Diameter, 2021 Vs 2030, %
- FIG. 14 U.S. Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 15 Canada Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 16 Rest of North America Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 17 UK Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 18 Germany Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 19 Spain Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 20 Italy Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 21 France Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 22 Rest of Europe Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 23 China Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 24 Japan Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 25 India Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 26 Australia Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 27 South Korea Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Asia Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 29 Brazil Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 30 Mexico Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 31 Rest of Latin America Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 32 GCC Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 33 Africa Clad Pipe Market (US$ Million), 2020 - 2030
- FIG. 34 Rest of Middle East and Africa Clad Pipe Market (US$ Million), 2020 - 2030
