Welded Pipes Market Growth:
Welded Pipes Market size was valued at USD 255.21 Bn. in 2023 and the total Welded Pipes revenue is expected to grow by 5.8 % from 2024 to 2030, reaching nearly USD 378.70 Bn.
Welded Pipes Market Drivers:
One of the major growth drivers for the welded pipes market is increased oil and gas production as a result of transportation industry demand. Welded pipes and tubes are primarily consumed by the oil and gas industry. In this industry, welded pipes are used to transport gas and liquid. They are typically made from low alloy or carbon steel. Inside diameter, ductility, yield strength, and pressure rating are all important factors to consider when choosing pipes for specific applications. The oil and gas industry in the United States is a major end-user of welded pipes and tubes. The product is used in crude oil processing upstream, midstream, and downstream. Because of developments in the oil and gas industry in the United States, the welded pipes market is expected to grow steadily during the forecast period.
The United States has always been a leading producer of oil and gas, and with the recent discovery of unconventional oil and gas resources, the country's oil reserves have risen to more than 68 billion barrels and natural gas reserves to 432 trillion cubic feet in 2019. In 2019, the country's share of global oil production was 17.5%, while its share of global gas production was 23.2%. These percentages are expected to rise in the forecast years.
Crude oil production in the United States increased to 17,3045 thousand barrels per day in 2019 from 11,801 thousand barrels per day in 2014. The country's upcoming forecast, including the Alaska LNG liquefaction plant worth USD 43 billion and the Cameron LNG Liquefaction Plant worth USD 33 billion, are expected to increase demand for oil and gas equipment, including steel pipes and tubes. These all aspects are boosting the growth of the welded pipes market and are expected to do the same in the forecast period.
Welded Pipes Market Report Overview:
Maximize Market Research has issued papers to help clients understand the landscape of the Welded Pipes Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.
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Welded Pipes Market Regional Insights:
The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Welded Pipes Market Segmentations:
by Material
1. Carbon Steel
2. Stainless Steel
3. Alloy Steel
by Product
1. Process Pipes
2. Mechanical Tubes
3. Heat Exchanger Tubes
4. Structural Tubes
5. Hydraulic & Instrumentation Tubes
by Application
1. Oil & Gas
2. Power Generation
3. Infrastructure & Construction
4. Automotive
5. Mechanical & Engineering
by Welding Type
1. Spiral Seam Welding
2. Straight Seam Welding
Table of Content: Welded Pipes Market :
Part 01: Executive Summary
Part 02: Scope of the Welded Pipes Market Report
Part 03: Welded Pipes Market Landscape
Part 04: Welded Pipes Market Sizing
Part 05: Welded Pipes Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Welded Pipes Market Key Players:
1. Marcegaglia
2. Sosta GmbH & Co. KG
3. ArcelorMittal S.A.
4. Nippon Steel
5. Hyundai Steel Co., Ltd
6. Sandvik AB
7. Shanghai Metal Corporation
8. FROCH ENTERPRISE CO., LTD.
9. F.E.R. Fischer Edelstahlrohre GmbH
10. YC Inox
11. JFE Steel Corporation
12. CSM TUBE spa
13. Guangzhou Pearl River Petroleum Steel Pipe Co., Ltd.
14. Guangdong Lizz Steel Pipe Co, Ltd.
15. Foshan Zhongde Stainless Steel Co., Ltd.
Key Questions Addressed in This Report:
How has the Welded Pipes Market market performed so far and how will it perform in the coming years?
What is the market segmentation of the global Welded Pipes Market market?
What is the regional breakup of the global Welded Pipes Market market?
What are the price trends of various feedstocks in the Welded Pipes Market industry?
What is the structure of the Welded Pipes Market industry and who are the key players?
What are the various unit operations involved in a Welded Pipes Market processing plant?
What is the total size of land required for setting up a Welded Pipes Market processing plant?
What is the layout of a Welded Pipes Market processing plant?
What are the machinery requirements for setting up a Welded Pipes Market processing plant?
What are the raw material requirements for setting up a Welded Pipes Market processing plant?
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Key Insights Covered the Welded Pipes Market Report:
Market Coverage:
Market Trends
Market Breakup by Segment
Market Breakup by Region
Price Analysis
Impact of COVID-19
Market Forecast
Key Aspects Required for Setting Up a Welded Pipes Market Plant:
Detailed Process Flow:
Product Overview
Unit Operations Involved
Mass Balance and Raw Material Requirements
Quality Assurance Criteria
Technical Tests
Project Details, Requirements and Costs Involved:
Land, Location and Site Development
Plant Layout
Machinery Requirements and Costs
Raw Material Requirements and Costs
Packaging Requirements and Costs
Transportation Requirements and Costs
Utility Requirements and Costs
Human Resource Requirements and Costs
Project Economics:
Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Taxation and Depreciation
Profit Projections
Financial Analysis
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