United States and Canada Steel Pipe Piles Market Size By Product (Spiral Weld Pipe, Electric Resistance Weld Pipe, Double Submerged Arc Weld Pipe, and Others), By Application (Ports/Harbors, Urban Civil Engineering, Bridges, and Others), And Forecast
United States and Canada Steel Pipe Piles Market Size By Product (Spiral Weld Pipe, Electric Resistance Weld Pipe, Double Submerged Arc Weld Pipe, and Others), By Application (Ports/Harbors, Urban Civil Engineering, Bridges, and Others), And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
United States and Canada Steel Pipe Piles Market Size And Forecast
United States and Canada Steel Pipe Piles Market was valued at 3,780,059.6 Tons in 2020 and is projected to reach 5,679,108.5 Tons by 2028, at a long-term CAGR of 5.52 % from 2021 to 2028.
Rapid urbanization and industrialization have augmented the construction activities in countries such as the U.S. and Canada thereby fuelling the consumption steel pipe piles in the construction industry. The United States and Canada 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.
United States and Canada Steel Pipe Piles Market Definition
Pipe piles? They're pretty straightforward. Basically, you've got a ready-made steel pipe that gets hammered into the ground – we're talking big hammers here. These piles stay put mostly because of friction with the soil around them. The designs can be tweaked depending on what the ground's like and how much support you need, so they're super adaptable. And because they're steel, they can handle some serious weight. Plus, if you use the right kind of steel, they can pretty much shrug off the weather. You've also got options to choose the best materials for your specific project. Steel pipe piles and steel pipe sheet piles are everywhere in ports and harbors (think piers, seawalls, and breakwaters), urban projects (like retaining walls and cofferdams), and even bridge foundations. And they're becoming even more popular as structures get bigger, water gets deeper, and we build in places with thick, soft ground. Precast and driven cast-in piles also use steel pipes. If you go with precast piles, you've got hollow small displacement piles and solid piles. Those hollow small displacement piles? They often use steel pipes when a steel pile foundation is the way to go.
United States and Canada Steel Pipe Piles Market Overview
The boom in cities and factories across places like the U.S. and Canada is really driving construction, and that means more steel pipe piles are being used. The market's pretty spread out, with the big, established companies holding most of the cards. They've got huge factories, a solid local presence, and a great way to get their products out there, which helps them keep their customers happy and reach new ones. As more people move to cities and the population grows, the demand for homes, factories, shops, and offices goes up, and that’s helping the construction industry grow. Canada's construction scene is looking pretty good, actually. Housing construction was the biggest part of it in 2018, making up 43.7% of the total value, according to the Canada Mortgage and Housing Corporation (CMHC).
However, the recent outbreak of COVID-19 pandemic has impacted U.S. steel consumption, production. As a result, steel production and capacity utilization decline in 2020. Likewise, the pipe piles require continuous audits and monitoring as can be damaged due to corrosion and electrolysis. Marine waters contain gases, dissolved salts as well as pollutants which pose a threat to the durability of the steel. High corrosion rates can be witnessed in constant water levels, thereby lowering the product life. To overcome these corrosions, the piles should be coated with coating materials.
United States and Canada Steel Pipe Piles MarketSegmentation Analysis
The United States and Canada Steel Pipe Piles Market is segmented on the basis of Product and Application.
United States and Canada Steel Pipe Piles Market by Product
When we look at the United States and Canada Steel Pipe Piles Market, we can break it down by Product type. That gives us categories like Spiral Weld Pipe, Electric Resistance Weld Pipe, Double Submerged Arc Weld Pipe, and a catch-all "Others." Back in 2019, Spiral Weld Pipe was the big winner, grabbing the largest slice of the market. Looking ahead, we expect this Spiral Weld Pipe segment to keep growing, driven by things like a booming construction scene, more demand from industries that use them, and just general industrial and urban growth. These spiral welded pipes are getting more and more popular because they're used in all sorts of places, like manufacturing plants and in machinery. And, importantly, they're the go-to choice for moving oil, gas, and water across long distances, no matter the pressure or density.
United States and Canada Steel Pipe Piles Market by Application
When it comes to how they're used, the Steel Pipe Piles Market in the US and Canada is broken down into things like Ports/Harbors, Urban Civil Engineering, Bridges, and a few Others. Right now, Urban Civil Engineering is the biggest piece of the pie, with Bridges coming in second. What's really fueling this market? It's those rapidly growing economies, with all that urbanization and infrastructure springing up in both developing and developed countries. Steel piling is just so useful in so many different industries! We're expecting the Urban Civil Engineering area to grow a lot, and that's because folks are really starting to use steel pipe piles and steel sheet piling for those kinds of projects.
Key Players In United States and Canada Steel Pipe Piles Market
The United States and Canada Steel Pipes Piles Market is highly fragmented with the presence of a large number of players. Some of the major companies include ESC Steel LLC, U.S. Steel, Steel Piling USA, Valiant Steel, Arntzen Corporation, Nippon Steel & Sumitomo Metal, American Steel Pipe, and the rest others.
United States and Canada Steel Pipe Piles Market Share Insights
Key Developments by Major Key Players in the market are as given below.
Company Name
Key Development
Description
Zekelman Industries
Business Expansion
• Zekelman Industries has completed the world’s largest continuous ERW mill in Arkansas• The $150 million mill project represents the largest private investment in the U.S. steel industry in the last decade, enabling new domestic manufacturing capabilities.
U.S. Steel
Product Launch
• U.S. Steel launched a new sustainable steel product as part of a major near-term expansion of sustainability commitments.• The company will start making the verdeX line of sustainable steel at its newly acquired Big River Steel mill in Arkansas. It’s part of the steelmaker’s larger aim of lowering its greenhouse gas emissions intensity.
United States and Canada Steel Pipe Piles Market Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2017-2028
BASE YEAR
2020
FORECAST PERIOD
2021-2028
HISTORICAL PERIOD
2017-2019
UNIT
Value (Tons)
KEY COMPANIES PROFILED
ESC Steel LLC, U.S. Steel, Steel Piling USA, Valiant Steel, Arntzen Corporation, Nippon Steel & Sumitomo Metal, American Steel Pipe, and others.
SEGMENTS COVERED
ProductÂ
Application
CUSTOMIZATION SCOPE
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