Stratview Research has recently published a report on the metal pipes Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
The Metal Pipes Market is Segmented by Material Type (Steel, Ductile Iron, Copper, and Others), by Diameter Type (Up To 15 Inches and Above 15 Inches), by End-Use Type (Oil Gas, Water Wastewater, Power, HVAC Electrical, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
metal pipes Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the metal pipes Market is likely to witness a CAGR of 4.2% during the forecast period.
Some of the companies drive the market growth:
- 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.
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Segments 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 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.
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.
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