Global Large Diameter Pipe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Large Diameter Pipe Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Large Diameter Pipe refer to pipe of 20-100+ inches. Large Diameter Pipe can be divided into metal pipe, plastic pipe and concrete pipe. Mainly used in potable water pipe, waste water pipe, oil and gas pipe, industrial pipe and so on.

Market Overview:

The latest research study on the global Large Diameter Pipe market finds that the global Large Diameter Pipe market reached a value of USD 28166.4 million in 2022. It’s expected that the market will achieve USD 32336.0 million by 2028, exhibiting a CAGR of 2.33% during the forecast period.

The COVID-19 Outbreak Has A Great Impact on Downstream Industries

The outbreak and persistence of pneumonia in COVID-19 will undoubtedly have a serious impact on the global oil industry in 2020. The sharp decline and rebound of oil demand has caused the global oil product inventory and oil price to fluctuate greatly.
The International Energy Agency warned that the impact of the epidemic on the energy system will last for many years. This year, the global oil demand will drop by 8%, and the Brent crude oil price will not reach the level of 50 dollars per barrel until 2023. If the policies and targets of various countries are implemented smoothly, the global energy demand will return to the pre-epidemic level in early 2023. If the epidemic is prolonged and the decline is deepened, this will be postponed until 2025.
Oil and gas industry is one of the main downstream applications of Large Diameter Pipe. The Large Diameter Pipe plays an important role in oil collection and transportation. With the outbreak of the epidemic, the oil industry fluctuates greatly, the demand side and the supply side will be more cautious, and the related investment will be reduced, which will increase the risk of future market fluctuations. Affected by this, the market of Large Diameter Pipe will fluctuate, and market investment needs to be more cautious.

The Production and Sales of Large Diameter Pipe are Affected

In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages.
For the Large Diameter Pipe industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some small factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas.
But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.

Growing demand in downstream industries

Using natural gas as energy can reduce the consumption of coal and oil, thus greatly improving the environmental pollution problem; As a clean energy, natural gas can reduce sulfur dioxide and dust emissions by nearly 100%, carbon dioxide emissions by 60% and nitrogen oxides emissions by 50%, and help to reduce the formation of acid rain, slow down the global greenhouse effect and fundamentally improve the environmental quality. With the implementation of the concept of environmental protection, the demand for natural gas is increasing, and natural gas pipes can be used to transport natural gas. Natural gas pipe transportation has the advantages of low transportation cost, less land occupation, fast construction, large oil and gas transportation volume, high safety performance, less transportation loss, no three wastes emission, less leakage risk, less environmental pollution, less influence by bad weather, less equipment maintenance, easy management, and easy remote centralized monitoring. The increase of natural gas demand will promote the development of large diameter natural gas pipe industry.

The low-end market of Large Diameter Pipe industry is highly competitive

The competition in the low-end market of Large Diameter Pipe industry is fierce, and the homogenization of products is serious. The supply of products in the high-end market is in short supply, which affects the economic benefits of the industry. Enterprises with large advantages in cost and scale will seize more market share, and the market structure of Large Diameter Pipe industry will tend to be stable in the long run. However, with the continuous expansion of production capacity of high-end products, product upgrading and technological innovation, the overall development level of the industry will continue to improve.

The maintenance cost of Large Diameter Pipe

The city's water supply, drainage, heat supply and gas supply pipes and long-distance oil and gas transmission Large Diameter Pipe are mostly laid underground, while the factory's process pipes are mostly laid on the ground for ease of operation and maintenance. The passage, support, slope and drainage, compensation, heat preservation and heating, corrosion prevention and cleaning, identification and painting and safety of pipe are all important issues for both above-ground and underground laying. In order to ensure the safe operation of the pipe and prevent the accident from expanding in time when an accident occurs, in addition to installing detection and control instruments and safety valves on the pipe, special safety measures are also adopted for certain important Large Diameter Pipe, such as installing accident pressure relief valves or emergency cut-off valves on gas pipes and pipes for long-distance transportation of oil and natural gas. All of these measures will increase the maintenance cost of Large Diameter Pipe, thus challenging the enterprise.

Region Overview:

Geographically, Asia Pacific held the largest market share – 34.94% in 2022.

Company Overview:

Vallourec SA is one of the major players operating in the Large Diameter Pipe market, holding a share of 5.23% in 2023.

Vallourec SA

Vallourec S.A. is a multinational manufacturing company headquartered in Boulogne-Billancourt, Paris, France. Vallourec specializes in hot rolled seamless steel tubes, expandable tubular technology, automotive parts, and stainless steel, which it provides to energy, construction, automotive, and mechanical industries.

Welspun Corp. Ltd

WCL currently offers a one stop solution in line pipes with a capacity to manufacture Longitudinal (LSAW), Spiral (HSAW) and HFERW / HFI (ERW) pipes. The company additionally offers coating, bending and double jointing facilities, thereby giving a 360-degree pipe solution to its customers.

Segmentation Overview:

By type, Metal Pipe segment accounted for the largest share of market in 2022.

Application Overview:

In the Large Diameter Pipe market, 38.79% of the total value was generated through the Wastewater Pipe segment by application in 2022.

Key Companies in the global Large Diameter Pipe market covered in Chapter 3:

Advanced Drainage Systems
Chelpipe Group
Tenaris SA
Vallourec SA
OMK Steel
SMS Group
EUROPIPE
JFE Steel
Welspun Corp. Ltd
OAO TMK
Chevron Phillips Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Large Diameter Pipe market from 2018 to 2029 is primarily split into:

Metal Pipe
Plastic Pipe
Concrete Pipe
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Large Diameter Pipe market from 2018 to 2029 covers:

Potable Water Pipe
Wastewater Pipe
Oil and Gas Pipe
Industrial Pipe
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)