Global Spiral Welded Pipes and Tubes Market Size By Type (LSAW (Longitudinal Submerged Arc Welding Pipe), ERW (Electrical Resistance Welding), SSAW (Spiral Submerged Arc Welding Pipe)), By Application (Oil And Gas Industry, Petrochemical Industry, Water Industry), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Spiral Welded Pipes and Tubes Market Size By Type (LSAW (Longitudinal Submerged Arc Welding Pipe), ERW (Electrical Resistance Welding), SSAW (Spiral Submerged Arc Welding Pipe)), By Application (Oil And Gas Industry, Petrochemical Industry, Water Industry), By Geographic Scope And Forecast
Spiral Welded Pipes and Tubes Market Size And Forecast
Spiral Welded Pipes And Tubes Market size was valued at USD 237.91 Billion in 2024 and is projected to reach USD 344.39 Billion by 2031, growing at a CAGR of 5.22% from 2024 to 2031.
The growing investments in oil and gas production and exploration, current implementation of the new pipeline projects and improving activity in the energy sector are the factors boosting the growth of the Spiral Welded Pipes And Tubes Market. The Global Spiral Welded Pipes And Tubes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Spiral Welded Pipes And Tubes Market Definition
Spiral welded pipe and tubes are used for several applications and chosen based on the use and requirement. These pipes are employed for applications such as natural gas transmission, crude oil transmission, refined products transmission, and water transmission. Spiral welded pipe and tubes find key applications in industries such as chemicals, wastewater treatment plants, and oil & gas. These pipes and tubes are used at manufacturing and construction facilities to transport raw materials and other products from one end to another. Moreover, steel pipes find wide applications in commercial and industrial and residential distribution of water.
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Global Spiral Welded Pipes And Tubes Market Overview
The market is boosted by factors such as growing applications of spiral welded pipe in several commercial and residential purposes, mode of transportation for transferring petroleum, fuels, refined products, natural gas, chemicals, and various other substances from one place to other, growing adoption of pipeline as a primary mode of transportation for water, petroleum, fossil fuel, and refined products which are used in everyday life. The adoption of these products is high; thus, the demand for these products is constantly rising owing to growing population and consumers need. But, risk related to leakage of these pipelines rises if these pipelines are not installed properly, maintained, and fitted regularly. The proper maintenance of pipelines at regular period of time are associated with faster transfer and deliver of products at particular place.
In addition, rising number of wastewater treatment plants is increasing the demand for these pipes, as wastewater treatment plants need various pipelines by which they deliver the waste water to in-house units from various polluted sources and further these pipelines are also employed for transferring the pure water back to the rivers or water cycle. These factors are anticipated to generate lucrative opportunities in the Spiral Welded Pipes And Tubes Market.
Global Spiral Welded Pipes And Tubes MarketSegmentation Analysis
The Global Spiral Welded Pipes And Tubes Market is segmented on the basis of Type, Application, And Geography.
Spiral Welded Pipes And Tubes Market, By Type
• LSAW (Longitudinal Submerged Arc Welding Pipe)• ERW (Electrical Resistance Welding)• SSAW (Spiral Submerged Arc Welding Pipe)
Based on Type, the ERW segment is anticipated to hold largest share of the market. These pipes are employed in long distance transport pipeline systems including transmission pipelines, distribution pipelines, and gathering pipelines. ERW diameter range is from 1/8 – 6 inches with heavy and medium thickness and ERW pipes are high frequency straight seam welding pipes. ERW small and medium diameter pipes are extensively used as water pipes.
Spiral Welded Pipes And Tubes Market, By Application
• Oil And Gas Industry• Petrochemical Industry• Water Industry• Infrastructure & Construction Industry• Others
Based on Application, the Oil & Gas segment dominates the market and is expected remain the same over the forecast years. It is employed to deliver oil and gas from the source to the storage tanks or processing plants connected to single wells in the ground. Moreover, as the technologies employed in the oil & gas industry develops, the need for corrosive resistant pipes is anticipated to grow.
Spiral Welded Pipes And Tubes Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Based on Geography, the North American region holds a large number of shares in the market because of the growing expenditure on real estate by construction companies. Moreover, the early adoption of various innovative waste management treatments and the strong base of affluent market participants offering a wide range of products have a remarkable influence on the Welded Pipes And Tubes Market. At the same time, Europe is the next growing region in the market because of the increase in the remodeling and reconstruction of the infrastructure, mounting environmental worries, and the increased preference for cost-effective construction.
Key Players
The “Global Spiral Welded Pipes And Tubes Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are VALLOUREC, Welspun Corp Ltd., ArcelorMittal, JFE Holdings, Inc., Jindal SAW Ltd., American SpiralWeld Pipe, Nippon Steel and Sumitomo Metal, EVRAZ North America, Liaoyang Steel Tube and National Pipe Company Limited
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | VALLOUREC, Welspun Corp Ltd., ArcelorMittal, JFE Holdings, Inc., Jindal SAW Ltd., American SpiralWeld Pipe, Nippon Steel and Sumitomo Metal, & Others |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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