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Metal Pipes Market Report
The Metal Pipes Market is Segmented by Material Type (Steel, Ductile Iron, Copper, and Others), by Diameter Type (Up To 15 Inches and Above 15 Inches), by End-Use Type (Oil & Gas, Water & Wastewater, Power, HVAC & Electrical, and Others), and by Region ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Metal Pipes Market is likely to witness a CAGR of 4.2% during the forecast period. The growth of end-use industries such as oil & gas, water & wastewater, power, HVAC & electrical among others has significantly contributed to the growth of the metal pipes market. Furthermore, metal pipes offer many advantages over other pipes, such as durability, sustainability, ease of installation, and easy maintenance. As these pipes are made out of steel, ductile iron, copper, and others, they have remarkable tensile strength while they remain stable at extreme temperatures and are unaffected by factors such as heat and cold, making them the desired choice for conveying water, chemicals, and oil. All these aforementioned factors are expected to drive the growth of the market during the forecast period.
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Metal Pipes Market – Snapshot |
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Growth |
4.2% for the next five years |
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Major Material Type |
Steel |
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Major End-Use Type |
Water & Wastewater |
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Region with the highest demand |
North America |
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Key Players |
ArcelorMIttal S.A., Compagnie de Saint-Gobain SA, Muller Industries, Inc., Narsk Hydro ASA, Nippon Steel and Sumitomo Metals, Northwest Pipe Company, Saudi Arabian Amiantit Company, Tenaris SA, TMK Group, and United States Steel Corporation |
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Based on the material type, the market is segmented as steel, ductile iron, copper, and others. Steel is expected to witness significant growth in the market during the forecast period owing to its increasing demand from the oil and gas, power, and automotive industries. The demand for steel in industries is supported by its properties such as durability, high strength, low corrosion, longer shelf life, and good thermal resistance.
Based on the end-use type, the market is segmented as oil & gas, water & wastewater, power, HVAC & electrical, and others. The water & wastewater segment is estimated to witness the highest growth during the forecast period. The growth of the segment is owing to the increasing demand for consumable water, growing population, increasing investment in water-related infrastructure.
In terms of regions, North America is estimated to be the leading region in the market for metal pipes during the forecast period. The region’s growth is driven by the increasing demand from the oil and gas industry. Asia-Pacific is expected to witness significant growth over the forecast period, supported by urbanization, surge in demand for consumable water, and investment in water-related infrastructures. Europe is also expected to offer substantial growth opportunities during the forecast period.
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Metal pipes are cylindrical tubes made from metals that are used for the supply of water or gases. Metal pipes are strong and durable, and are used for various purposes such as underground for transporting water and gas throughout cities and towns.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Metal Pipes Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The metal pipes market is segmented into the following categories.
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Some of the key players in the metal pipes market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
The metal pipes market is expected to witness an impressive growth of 4.2% CAGR in the foreseeable future.
ArcelorMIttal S.A., Compagnie de Saint-Gobain SA, Muller Industries, Inc., Narsk Hydro ASA, Nippon Steel and Sumitomo Metals, Northwest Pipe Company, Saudi Arabian Amiantit Company, Tenaris SA, TMK Group, and United States Steel Corporation are among the key players in the metal pipes market.
Steel is expected to witness significant growth in the metal pipes market in the coming years.
The water & wastewater segment is expected to witness highest growth in the metal pipes market in the next five years.
North America is expected to be the leading metal pipes market during the forecast period.
The growth of end-use industries such as oil & gas, water & wastewater, power, HVAC & electrical among others is the major factor driving the growth of metal pipes market.
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