Seamless Pipes Market Size - By Type, By Material, By Production Process, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Description

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:

By Type: Based on the Type, Global Seamless Pipes Market is segmented as; Cold Finished Seamless Pipes, Hot Finished Seamless Pipes.

By Material: Based on the Material, Global Seamless Pipes Market is segmented as; Aluminium & Magnesium Alloys, Copper & Alloys, Nickel & Alloys, Steel & Alloys, Others.

By End User: Based on the End User, Global Seamless Pipes Market is segmented as; Automotive, Engineering, Infrastructure & Construction, Oil & Gas, Power Generation, Others.

By Region: Due to the region's developed chemical sector, seamless pipes are the market leader in North America. Due to the region's growing transportation industry demand, growing demand from various end-use industries, increased research and development activities, competitive prices offered by manufacturers, investment policies by the government to promote industrial growth, increasing investment in the expansion of the natural gas pipeline network, and strong economic growth in emerging countries, the Asia-Pacific region is predicted to have the highest growth rate.

Product Code: CHEM2321

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