Global Metallurgical Composite Pipe Market Growth 2024-2030

Global Metallurgical Composite Pipe Market Growth 2024-2030

Metallurgical composite pipes form atomic diffusion between the interface of the substrate and the cladding through hot working forming methods to achieve metallurgical bonding. They have good interface bonding strength and can be widely used in aerospace, chemical industry, oil and gas, etc.

The global Metallurgical Composite Pipe market size is projected to grow from US$ 1151 million in 2024 to US$ 1588 million in 2030; it is expected to grow at a CAGR of 5.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Metallurgical Composite Pipe Industry Forecast” looks at past sales and reviews total world Metallurgical Composite Pipe sales in 2023, providing a comprehensive analysis by region and market sector of projected Metallurgical Composite Pipe sales for 2024 through 2030. With Metallurgical Composite Pipe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Metallurgical Composite Pipe industry.

This Insight Report provides a comprehensive analysis of the global Metallurgical Composite Pipe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Metallurgical Composite Pipe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Metallurgical Composite Pipe market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Metallurgical Composite Pipe and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Metallurgical Composite Pipe.

Composite pipe can be divided into metallurgical composite and mechanical composite. Mechanical composite pipes are not suitable for expansion and bending parts such as risers due to their low interface bonding strength, and they need to undergo additional inspection and testing. They also have higher requirements for on-site welding operations. The advantage is that the price is generally only 50-70% of the metallurgical composite pipe, but after 5-6 years of use, the economic efficiency is not as good as that of metallurgical composite pipes.

With the rapid development of the industrial field, especially the increasing demand for high-performance pipes in the oil field, chemical industry, power industry and other industries, the market demand for metallurgical composite pipes continues to grow due to their high carbon content, impact resistance, low thermal expansion rate, pressure resistance, high temperature resistance and other characteristics.

With the continuous advancement of technology and the acceleration of industrial upgrading, the metallurgical composite pipe market will pay more attention to technological innovation and product quality improvement. In the future, enterprises need to increase R&D investment and continuously launch new products and new processes to meet the market demand for high-performance pipes.

With the enhancement of global environmental awareness and the implementation of energy conservation and emission reduction policies, the market demand for metallurgical composite pipes as an environmentally friendly pipe material will further increase. Environmental protection policies will affect market development and need to be closely monitored.

This report presents a comprehensive overview, market shares, and growth opportunities of Metallurgical Composite Pipe market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hot Rolled Composite Plate Welding Composite
Overlay Composite
Nested Composite Hot Extrusion Composite

Segmentation by Application:
Oil and Gas
Chemical
Energy
Aerospace
Marine Engineering
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Butting
EEW
EBK
JSW
Proclad
Cladtex
Sandvik
INOXTECH
Xinxing Ductile Iron
Xi’an Sunward Aeromat Co. Ltd
Longtaidi Pipeline Tech. Co.,Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Metallurgical Composite Pipe market?

What factors are driving Metallurgical Composite Pipe market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Metallurgical Composite Pipe market opportunities vary by end market size?

How does Metallurgical Composite Pipe break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.