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    Metal Pipes Market Report

    Metal Pipes Market Report
    Report code - SR1249 Delivery - 2 Weeks
    Metal Pipes Market Report Size, Share, Trend, Growth, Forecast, & Industry Analys See more...

    Market Insights

    The Metal Pipes Market was estimated at XX million in 2022 and is likely to grow at a CAGR of 4.2% during 2022-2028 to reach USD XX million in 2028. 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.

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    Metal Pipes Market Features

    Market Growth (2022-2028)

    4.2% CAGR

    Base Year of Study

    2021

    Trend Period

    2016-2020

    Forecast Period

    2022-2028

    Top Companies in 2022

    • 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
    • United States Steel Corporation.

    Dominant Region

    North America is estimated to be the leading region in the market during the forecast period.

    Market Dynamics

    • 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 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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    Opportunities

    The metal pipes market is experiencing growth due to its widespread use in industries like water transport, oil and gas transportation, and chemical production. These pipes are easy to maintain, durable, and easy to install, making them suitable for long-term use. They can withstand various climatic changes, including cold, heat, and extreme temperatures.

    Restraints

    The metal pipes market's growth is hindered by the availability of substitute products like plastic and iron pipes, as well as the high-cost efficiency of raw materials. The increased usage of metal pipes post-pandemic has also led to fluctuating product costs, further limiting the market's growth. Therefore, addressing these factors is crucial for the industry's success.

    Challenge

    The metal pipes market faces challenges in improving production due to increased demand in agriculture, construction, industrial water lines, and sewage water disposal. Despite pandemic-related transportation issues, the market is expected to grow post-pandemic, indicating a potential for increased growth.

    Key Players

    Some of the key players in the market are-

    • ArcelorMittal S.A.
    • Northwest Pipe Company
    • Compagnie de Saint-Gobain SA
    • Muller Industries, Inc.
    • Narsk Hydro ASA
    • Nippon Steel and Sumitomo Metals
    • Saudi Arabian Amiantit Company
    • Tenaris SA
    • TMK Group
    • United States Steel Corporation.

    Segment Analysis

    By 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. 

    By 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, the growing population, and increasing investment in water-related infrastructure. 

    By Region

    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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    Segmentation

    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. 

    The metal pipes market is segmented into the following categories:

    By Material Type:

    • Steel
    • Ductile Iron
    • Copper
    • Others

    By Diameter Type:

    • Up To 15 Inches
    • Above 15 Inches

    By End-Use Type:

    • Oil & Gas
    • Water & Wastewater
    • Power
    • HVAC & Electrical
    • Others

    By Region:

    • North America 
    • Europe
    • Asia-Pacific
    • Rest of the World

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    Report Features

    This report provides 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 dynamics and will enable strategic decision making for the existing players as well as those willing to enter the market.

    The following are the key features of the report:

    • Overview, industry life cycle analysis, supply chain analysis
    • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Trend and forecast analysis
    • Segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors.

    Report - Features

    Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >130

    Company Profiles

    10

    Research Methodology

    This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, 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 qualitative and quantitative insights.

    Customization Option

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Segmentation

    • Current market segmentation by any one of the material types by end-use type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    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 to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    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.

    The market is expected to grow at a CAGR of 4.2% during the review period.

    North America is estimated to be the leading region in the market during the forecast period.

    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 the key companies in the market.

    The steel segment has the largest share of the market during the estimated time.

    The study period of the market is 2016-2028.

    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.