The global Seamless Pipe market is forecast to reach USD 302.69 Billion by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand from the oil and gas industries majorly with the growing needs for superior performance benefits, including the ability to withstand high temperature, high-pressure, and high mechanical stress. However, seamless pipes are valued generally higher than the crease weld pipes inferable from their unpredictable assembling process needing high initial investments are likely to hamper the demand for the Seamless Pipe market.

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The report offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them to gain a robust footing in the global industry. It also discusses in detail the recent mergers and acquisitions, partnerships, collaborations, and product launches among others.

Further key findings from the report suggest:

Based on material, Copper Alloys are expected to grow with a CAGR of 5.3% in the forecast period owing to its fundamental characteristics, which include weldability, flexibility, and conductivity, thereby making it appropriate to use for a variety of applications.

The Cross-Roll Piercing and Pilger Rolling process are expected to grow with a CAGR of 5.4% in the forecasted period, as it produces high-quality tubes with flawless surfaces and high dimensional accuracy.

The oil & gas sector is the major contributor to the Seamless Pipe market, which forecasted to USD 139.84 billion by 2027. The oil & gas industry of the Asia Pacific region is the major shareholder of the Seamless Pipe market, holding around 47.0% of the market in the year 2019.

The Asia Pacific dominated the market for Seamless Pipe. The consistent focus of the region on cost-effective and innovative procedures adopted in the area is driving the market. According to studies, the Asia Pacific region holds approximately 59.0% of the Seamless Pipe market, followed by North America, which contains around 19.6% market by area in the year 2019.

Key participants include Maharashtra Seamless Ltd. (MSL), Nippon, ArcelorMittal, United Metallurgical Company, Jindal, Kamal Steel, IPP Group, Robor, Alco, and Tubecon, among others.

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The market is further segmented on the basis of product types offered in the market and the application spectrum. On the basis of types, the segmentation covers:

Material Outlook (Revenue, USD Billion; 2017-2027)

Steel Alloys

Copper Alloys

Nickel Alloys

Others

Production Process Outlook (Revenue, USD Billion; 2017-2027)

Continuous Mandrel Rolling

Multi-stand plug mill

Cross-roll piercing & Pilger rolling

Application Outlook (Revenue, USD Billion; 2017-2027)

Oil & Gas

Building & Construction

Power Generation

Automotive

Aviation

Others

The report is further segmented into key geographical regions along with their countries to impart a better understanding of the market. The report focuses on the economic growth, technological advancements, investment and funding, R&D activities, production and consumption ratio, current and emerging trends, and presence of key players in each region.

The regional analysis covers the following key regions of the world:

North America (U.S.A., Canada)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Contents:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Seamless Pipe Market Segmentation & Impact Analysis
    4.1. Seamless Pipe Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                  4.2.2.1. Modernization of aging pipe infrastructure
                  4.2.2.2. Superior performance benefits associated with the product
                  4.2.2.3. Increase in global demand for fossil fuels leading to rise in exploration & production activities in the oil & gas industry.
         4.2.3. Market restraints analysis
                  4.2.3.1. Increased tariffs and trade war
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
    4.9. Customer Mapping
    4.10. Covid-19 Impact Analysis
    4.11. Global Recession Influence

Continued…