DALLAS, TX / November 26, 2021 / An exciting new study from the team of Lucintel found that steel pipe market is expected to reach $68.6 billion by 2025 with a CAGR of 1.4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The steel pipe market is segmented based on product, end use, material, diameter, pressure ratings, and region. In this market, carbon steel pipe is the largest segment by material, whereas oil and gas is largest by end use industry. Players can benefit from the available opportunities like increasing infrastructure development, urbanization and government economic stimulus measures.
The increasing use of premium and technically advanced pipe by using dopeless technology and increasing use of multilayer pipes for strength and durability are emerging trends having impact on dynamics of the industry.
Tenaris, Vallourec, TMK, ArcelorMittal, Nippon Steel and Sumitomo Metals, United States Steel Corporation, Chelpipe, Tata Steel and others are some of the major players profiled in this 209 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the steel pipe market by end use (oil and gas, automotive, potable water, wastewater, power generation, and others), product (seamless pipe and welded pipe), material (carbon steel, stainless steel, and others), diameter (small diameter pipes (up to 15 inches) and large diameter pipes (15 inches and above), pressure rating (0-300 psi, >300-1000 psi, >1000- 3000 psi, and 3000 and above psi) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the steel pipe market?
Q.4 What are some changing demands of customers in the steel pipe market?
Q.5 What are the new developments in the steel pipe market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this steel pipe area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these steel pipe market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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