Large Diameter Steel Pipes Market is expected to grow at a CAGR of 3.5% from 2023 to 2029
Large Diameter Steel Pipes Market size was valued at USD 12.25 Billion in 2022 and is expected to grow at a CAGR of 3.5% from 2023 to 2029, reaching nearly USD 15.6 Billion.
Large Diameter Steel Pipes Market Statistics:
The MMR study includes Large Diameter Steel Pipes Market size and share information for the Large Diameter Steel Pipes market. For those responsible for advertising and industry decision-making in the Large Diameter Steel Pipes market, the study is an invaluable resource because it helps with market comprehension and provides upfront statistics and numbers.
Years considered for this MMR report:
Historical Years: 2017 to 2022
Estimated Year: 2029
Base Year: 2022
Forecast Period: 2023–2029
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Large Diameter Steel Pipes Market Overview:
In our study, we analyze the latest revenue and market trends in the Large Diameter Steel Pipes industry. The report delves into market overviews, definitions, and frameworks, while also examining proactive and planned management strategies. Our research focuses on key factors such as supply, capacity utilization, cost, market share, and gross margin that significantly impact the Large Diameter Steel Pipes Market. Moreover, it assists in forecasting the market's growth potential in the coming years. By highlighting both general topics and incorporating specialized data as needed, the report provides a comprehensive overview of the market. This overview can serve as a valuable resource in determining your approach to the market and understanding the industry's historical background.
Large Diameter Steel Pipes Market Research Methodology:
To assess the market size and competitive landscape of the Large Diameter Steel Pipes Market, we employed a bottom-up approach. The analysis encompasses a comprehensive examination of industry dynamics, competitive landscape, manufacturers' developments, product exports and imports, purchasing power parity of the country, market scenario, market share of specific countries, and growth rate, based on historical data spanning from 2018 to 2022. Our market analysis combines primary and secondary research methods to gather data for the report. The collected data was then synthesized to estimate the market size. Secondary research involved utilizing various sources such as OECD, World Bank (WITS), WTO, Asia Pacific Economic Cooperation, OEC World, Trade Map Organization, Maximize Market Research data source, and others. Additionally, government databases, annual reports of listed companies, industry-related blogs, and articles were referenced for secondary data collection.
Segmentation:
Research provides a detailed analysis of the large-diameter steel pipes market, highlighting the importance of segmentation in understanding the industry dynamics. Segmenting based on diameter range allows customized solutions to meet specific requirements, ensuring optimal performance and efficiency. End-use industry segmentation helps align products with industry-specific demands, enabling targeted marketing and product development strategies. Manufacturing method segmentation, such as seamless or welded pipes, considers each type's different characteristics and applications. The choice of coating types, including internal and external coatings, contributes to the pipes' durability and resistance to corrosion.
by Type
LSAW
SSAW
by Application
Oil & gas
Chemicals and petrochemicals
Automotive & transportation
Mechanical engineering
Power plant
Construction
Others
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Competitive Landscape
The MMR market research study provides a detailed description of various Large Diameter Steel Pipes market segments. The report was produced using both primary and secondary sources of information. Press releases, annual reports, government websites, and the opinions of several specialists, analysts, experts, and researchers from various companies in this area are among the primary research sources. Secondary sources include things like political, social, and market scenarios. A report detailing the prerequisites for greater growth is produced using the data from these two sources.
Key Players:
1. Tenaris (Luxembourg)
2. Vallourec (France)
3. TMK Group (Russia)
4. Nippon Steel Corporation (Japan)
5. JFE Steel Corporation (Japan)
6. ArcelorMittal (Luxembourg)
7. United States Steel Corporation (United States)
8. ChelPipe Group (Russia)
9. Tata Steel (India)
10. Jiangsu Changbao Steel Tube Co., Ltd. (China)
11. China Baowu Steel Group Corporation Limited (China)
12. Hyundai Steel Company (South Korea)
13. SeAH Steel Holdings Corporation (South Korea)
14. Zekelman Industries (United States)
15. Evraz Group (Russia)
16. Welspun Corp Ltd. (India)
17. Voestalpine AG (Austria)
18. Salzgitter AG (Germany)
19. Nucor Corporation (United States)
20. Shengli Oil & Gas Pipe Holdings Limited (China)
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The Market Study Objectives are:
- The important elements that are accelerating Market expansion are discussed in the study report.
- Based on geographic breadth, market segmentation, and key player financial performance, the study gives a market overview.
- The analysis examines current industry trends and market prospects in North America, Asia Pacific, Europe, South America, the Middle East and Africa.
- Several measures are used to compute year-over-year growth (percent) and compound annual growth rate (CAGR) over the forecasted time.
Key Offerings:
- A detailed Large Diameter Steel Pipes Market Overview
- Large Diameter Steel Pipes Market Share, Size Forecast by Revenue | 2023−2029
- Large Diameter Steel Pipes Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Large Diameter Steel Pipes Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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