PUBLISHER: Lucintel | PRODUCT CODE: 1153934
PUBLISHER: Lucintel | PRODUCT CODE: 1153934
Metal Pipe Market Trends and Forecast
The future of the metal pipe market looks promising with opportunities in oil and gas, power generation, automotive, and industrial sectors. The global metal pipe market is expected to reach an estimated $109.0 billion by 2027 with a CAGR of ~2% from 2022 to 2027. The major drivers for this market are increasing construction of new pipelines for oil and gas, water and wastewater, replacement of aging pipelines, and infrastructure development.
Emerging Trends in the Metal Pipe Market
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of premium and technically advanced pipes and development of multilayer pipes for strength and durability.
A total of 129 figures / charts and 102 tables are provided in this 195-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of metal pipe market in the report download the report brochure.
Metal Pipe Market by Segment
In this market, steel pipes are the largest material segment, whereas oil & gas is largest end use segment. Growth in various segments of the metal pipe market are given below.
Metal Pipe Market by End Use Industry [Value ($M) from 2016 to 2027]:
Metal Pipe Market by Material [Value ($ Million) from 2016 to 2027]:
Metal Pipe Market by Diameter [Value ($ Million) from 2016 to 2027]:
Metal Pipe Market by Pressure Rating [Value ($ Million) from 2016 to 2027]:
Metal Pipe Market by Region [Value ($ Million) from 2016 to 2027]:
US
Canada
Mexico
United Kingdom
Germany
China
Japan
India
Brazil
Middle East
List of Metal Pipe Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the metal pipe companies profiled in this report includes.
Metal Pipe Market Insights
Features of the Global Metal Pipe Market
FAQ
Q1. What is the metal pipe market size?
Answer: The global metal pipe market is expected to reach an estimated $109.0 billion by 2027.
Q2. What is the growth forecast for metal pipe market?
Answer: The metal pipe market is expected to grow at a CAGR of ~2% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the metal pipe market?
Answer: The major drivers for this market are increasing construction of new pipelines for oil and gas, water and wastewater, replacement of aging pipelines, and infrastructure development.
Q4. What are the major applications or end use industries for metal pipes?
Answer: Oil and gas, potable water, wastewater, power generation, automotive, and HVAC and electrical are the major end uses for metal pipes.
Q5. What are the emerging trends in metal pipe market?
Answer: Emerging trends which have a direct impact on the dynamics of the industry include increasing use of premium and technically advanced pipes and development of multilayer pipes for strength and durability.
Q6. Who are the key metal pipe companies?
Answer: Some of the key metal pipe companies are as follows:
Q7. Which will be the largest metal pipe material segment in the future?
Answer: Lucintel forecasts that steel pipes are expected to remain the largest segment and witness the highest growth over the forecast period due to increasing demand in oil and gas, power generation, and automotive industries.
Q8. In metal pipe market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region, and Asia Pacific is expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.