Welded Pipes Market Research Report- Forecast till 2025

Welded Pipes Market Research Report- Forecast till 2025

Market Overview

As per the MRFR statistics, the global Welded pipes market is anticipated to witness a notable market expansion at a CAGR of 5.2% during the review period to surpass USD 355.69 Billion by the end of 2025. The worldwide welded pipes market growth is attributed the ascent sought after for welded pipes in end-use sectors and the developing construction industry. Governments across the world are cantered around advancing and fostering their foundation. They are acquainting different changes and guidelines with reinforce their foundation and land.

The worldwide welded pipes market has seen moderate development during the projected time frame. The advancing manufacturing industry and the surge in the interest from end-use ventures are expected to propel the market development during the review period. The advancement of framework for new oil and gas holds is supposed to set out open doors for players working in the worldwide market. Nonetheless, the fluctuating raw material costs are supposed to upset the welded pipes market development during the gauge time frame.

Segment Overview

Global Welded Pipes Market is categorized in terms of Material, Type, Application, and Region.

Based on material the market is classified into Alloy Steel, Carbon Steel, and Stainless Steel. The Product Type categorizes the global market into Mechanical Tubes, Structural Tubes, Heat Exchanger Tubes, Process Pipes, and Hydraulic & Instrumentation Tubes.

Based on Application the market has been divided into , Oil & Gas, Power Generation, Automotive, Infrastructure & Construction, and Mechanical & Engineering.

Regional Analysis

Geographically, the global welded pipes market has been studied across four major regions namely North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

North America has seen huge market expansion during the review period attributable to the rising interests in land by development organizations. The construction activities of business structures, for example, edifices and workplaces are expanding as the business centers are becoming overpopulated, encouraging interest for new buildings.

Europe registers the second-biggest contribution in the generally welded pipes market. Expanding reproduction of the current framework, rising ecological worries, and moving inclination toward practical development are factors driving the development of the welded pipes market in Europe. Besides, eccentric oil and gas investigation exercises, for example, the creation of petroleum gas from shale arrangements is driving the market in the locale. The region has seen huge development in the development business, explicitly noticeable in North-Western Europe that contains nations including the UK, France, Denmark, the Netherlands, and Belgium among others.

Major Players

The major players in the global welded pipes market include Evraz Plc (Russia), Napsteel (US), Samuel Associated Tube Group (Europe), Sandvik AB (Europe), US Steel Tubular Products (US), Associated Pipeline Contractors Inc (US), Foshan Zhongde Stainless Steel Co., Ltd (Russia), Benteler International AG (Europe), Arcelormittal (US), and Marmon Keystone Canada, Inc (US) among others.

Companies Mentioned

Evraz Plc (Russia)
Napsteel (US)
Samuel Associated Tube Group (Europe)
Sandvik AB (Europe)
US Steel Tubular Products (US)
Associated Pipeline Contractors Inc (US)
Foshan Zhongde Stainless Steel Co.
Ltd (Russia)
Benteler International AG (Europe)
Arcelormittal (US)
and Marmon Keystone Canada
Inc (US) among others

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