[169 Pages Report] on Seamless Pipes Market was estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022.

The objectives of this study are:

To define and segment the seamless pipes market by type, material, production process, end-use industry, and region

To identify the market dynamics, such as drivers, restraints, opportunities, and challenges currently impacting the growth of the seamless pipes market

To analyze and forecast the demand for seamless pipes, in terms of value and volume

To estimate, analyze, and forecast the seamless pipes market with respect regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa and key countries in the region.

To analyze and forecast the demand for seamless pipes in different end-use industries, such as aerospace, defense, shipping, healthcare, and mechanical equipment, among others

To analyze recent developments, such as facility & capacity expansions, partnerships & collaborations, and new product developments of key players operational in the market

To analyze the opportunities in the seamless pipes market for stakeholders and details of the competitive landscape of market leaders

To strategically identify and profile key players in the seamless pipes market

The years considered for the study are:

Base Year � 2016

Estimated Year � 2017

Projected Year � 2022

Forecast Period � 2017 to 2022

For company profiles in the report, 2016 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.

Research Methodology

The research methodology used to estimate and forecast the seamless pipes market began with capturing data on key vendor revenues through secondary sources, such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and various other government and private websites and databases. The vendor offerings were taken into consideration to determine the market segmentation. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were later verified through primary research by conducting extensive interviews with key personnel, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the market. The breakdown of profiles of primaries is depicted in the figure below.

To know about the assumptions considered for the study, download the pdf brochure

The seamless pipes market has a diversified ecosystem, which includes seamless pipe manufacturers, raw material suppliers, along with project contractors and service providers, vendors, end users, and government organizations. Companies operating in the global seamless pipes market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (U.S.), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (U.K.), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (U.S.), Schulz USA (U.S.), ChelPipe (Russia), EVRAZ Plc (U.K.), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).

Target Audience

Manufacturers of Seamless Pipes

Traders, Distributors, and Suppliers of Seamless Pipes

End-Use Industries Operating in the Seamless Pipes Supply Chain

Government and Research Organizations

Associations and Industrial Bodies

Project Contractors

Research and Consulting Firms

R&D Institutions

Environment Support Agencies

Investment Banks and Private Equity Firms

�This study answers several questions for the stakeholders, primarily the market segments which they need to focus upon during the next two to five years, so that they may prioritize their efforts and investments accordingly.�

Scope of the report: This research report categorizes the seamless pipes market based on type, materials, production process, end-use industry, and region, forecasting revenues as well as analyzing trends in each of the submarkets.

Based on Type:

Hot Finished Seamless Pipes

Cold Finished Seamless Pipes

Based on Materials:

Steel & Alloys

Copper & Alloys

Nickel & Alloys

Others

Based on Production Process:

Continuous Mandrel rolling

Multi-stand Plug Mill

Cross-roll Piercing & Pilger Rolling

Based on End-use Industry:

Oil & Gas

Infrastructure & Construction

Power Generation

Automotive

Engineering

Others

Based on Region:

Asia Pacific

North America

Europe

Middle East & Africa

South America

The following customization options are available for the report:

Along with the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product matrix, which gives a detailed comparison of new products and market trends in each industry

Further breakdown of a region with respect to a particular country and end-use industry

Detailed analysis and profiles of companies in various end-use industries (up to five)

The seamless pipes market is estimated to be USD 183.79 Billion in 2017 and is projected to reach USD 237.11 Billion by 2022, at a CAGR of 5.2% during the forecast period from 2017 to 2022. The increasing demand for seamless pipes from emerging countries and increasing investments in the infrastructure & construction end-use industry are the key factors expected to drive the growth of the market in the coming years.

Hot finish seamless pipes are majorly manufactured through processes, such as extrusion, rotary piercing, and other hot working processes. The cost of hot finish seamless pipes is lesser than cold finished seamless pipes and thus the pipes are preferred in different end-use applications. Based on type, the hot finish seamless pipes segment is estimated to be a larger segment of the market in 2017. The segment is expected to grow from USD 98.80 billion in 2017 to USD 130.20 billion by 2022, at a CAGR of 5.7% during the forecast period.

Seamless pipes are manufactured using varied materials, such as steel & alloys, copper & alloys, and nickel & alloys, among others. Based on material, the steel & alloys segment is estimated to be the largest segment of the seamless pipes market in 2017. Steel is one of the key materials preferred for the manufacturing of seamless pipes, owing to its high strength and durability of seamless steel pipes.

Seamless pipes can be manufactured using three processes, namely, continuous mandrel rolling, multi-stand plug mill, and cross-roll piercing & pilger rolling. The cross-roll piercing & pilger rolling segment of the seamless pipes market is estimated to be the largest segment of the market in 2017. The cross-roll piercing & pilger rolling method is highly cost-efficient, which helps reduce the overall manufacturing cost of the end products.

The oil & gas segment is estimated to be the largest end-use industry of the seamless pipes market in 2017. Seamless steel pipes are preferred in oil and gas projects, due to their durability, strength, and corrosion resistance. Seamless pipes are majorly used in offshore rigs and oil field drilling activities. A large number of pipeline projects are expected to be commissioned across the globe in the next five years, which is expected to drive the demand for seamless pipes in the coming years. These pipes are also used in the infrastructure & construction end-use industry mainly for water supply, sewage transport, and so on. The infrastructure & construction segment is expected grow at the highest CAGR of 5.9% during the forecast period of 2017 to 2022.

The Asia Pacific region is estimated to be the largest market for seamless pipes in 2017. China and Japan are the major countries in the seamless pipes market in the region. The growth of the Asia Pacific market can be attributed to the increasing investments in the infrastructure & construction end-use industry.

Volatility in raw material prices can restrain the growth of the seamless pipes market. Key players operating in the market include Zaffertec S.L. (Spain), Cimco Europe C.F. (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubular Pvt. Ltd. (India), Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain). Key companies in the market adopted strategies, such as expansions and agreements to meet the growing demand for seamless pipes and increase their market shares.

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