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Seamless Pipes and Tubes - Global Strategic Business Report

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    Report

  • 727 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2498179
The global market for Seamless Pipes and Tubes was estimated at US$191.6 Billion in 2023, and is projected to reach US$284.7 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Hot Finished Seamless Pipes and Tubes segment, which is expected to reach US$165.5 Billion by 2030 with a CAGR of a 6.3%. The Cold Finished Seamless Pipes and Tubes segment is also set to grow at 5.2% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $51.5 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $51.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Seamless Pipes and Tubes Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Seamless Pipes and Tubes Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Seamless Pipes and Tubes Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ArcelorMittal SA, EVRAZ North America Inc., JFE Steel Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 237 Featured):

  • ArcelorMittal SA
  • EVRAZ North America Inc.
  • JFE Steel Corporation
  • Maharashtra Seamless Limited
  • Mannesmann Stainless Tubes GmbH
  • Nippon Steel Corporation
  • Tianjin Pipe (Group) Corporation
  • TMK Group
  • United States Steel Corporation
  • Wheatland Tube Company

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Seamless Pipes and Tubes: The Backbone of Modern Infrastructure and Industrial Evolution
  • Understanding Seamless Pipes and Tubes: Definition, Manufacturing Processes, and Varieties
  • How Are Seamless Tubes Manufactured?
  • Types of Seamless Pipes and Tubes
  • What Are the Key End-Use Markets for Seamless Pipes and Tubes?
  • Economic Frontiers: Trends, Trials & Transformations
  • In a World Torn by Geopolitical Instability & War, Steadfastness of Global GDP Becomes Increasingly UnpredicTable Given the Many Direct and Indirect Economic Repercussions: World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
  • All Eyes on Global Inflation, the Main Risk Factor in Global Markets: Global Headline Inflation Rates (In %) for the Years 2019 through 2025
  • With Oil Prices Influencing the Rate of inflation, it Remains the Most Watched Commodity in Global Markets: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
  • Global Market Outlook
  • Unconventional and Deep Water to Buoy Growth Opportunities
  • Oil & Gas Industry Increases Focus on Energy Transitions
  • Seamless Pipes Production Scenario
  • Global Seamless Tubes Production by Geographic Region: Percentage Share Breakdown of Production Output for 2022 and 2023
  • Competition
  • Seamless Pipes and Tubes - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Forging Ahead: Pioneering Innovations and Emerging Trends Shaping the Future of the Seamless Pipes Market
  • How Will Surging Global Energy Demand Shape the Future of the Seamless Pipes Market?
  • Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
  • The Shifting Energy Landscape Poised to Transform the Global Pipes Market?
  • Global Energy Consumption by Source (in %) for 2024 and 2040
  • Surge in Onshore and Offshore Natural Gas & Oil Exploration Projects Translate into Considerable Growth for Seamless Pipes and Tubes
  • How Are Seamless Pipes and Tubes Used in Oil & Gas and Petroleum Industry?
  • Booming Drilling and Well Construction Activity Fueling a Surge in Seamless Pipes Demand
  • World Average Rig Count: 2015 - 2024
  • World Average Rig Count by Region (Jan 2024-Mar 2024)
  • Global Rig Count by Region: Percentage Share Breakdown of Average Rig Count for 2023
  • Expanding Pipeline Construction Activity in Oil & Gas Industry to Boost Market Prospects
  • Global Energy Pipeline Expansion Projects: Pipeline Miles Under Construction and Pipeline Miles Planned by Region (As of 2023)
  • Boost in Natural Gas Production Sparks Pipeline Infrastructure Investments and Market Expansion
  • Global Natural Gas Production (In Billion Cubic Meter (BCM)) for Years 2015 Through 2023
  • Growing Significance of Seamless Steel Pipes for Natural Gas Transportation
  • Sustained Increase in Investments in Oil & Gas Projects: A Catalyst for Seamless Pipes Market Expansion
  • Global Oil & Gas Upstream Capital Expenditure (US$ Billion) for the Period 2015-2024E
  • Global Oil & Gas Upstream Capex by Geographic Region for the Years 2024 and 2030
  • How Are Unconventional Oil & Gas Resources Driving the Need for High-Grade OCTG Products?
  • Exploring New Horizons: Deep Water Drilling Unlocks Fresh Growth Potential
  • Tough Operating Environments Increase the Demand for Premium Line Pipes
  • Rise in Horizontal Drilling Activity to Benefit Market Demand
  • Machinery Emerges as an Important Market for Seamless Tubes
  • The Crucial Role of Seamless Tubes in the Machinery Sector
  • High Performance Steel Grades Gain Significance in Machinery Sector
  • Encouraging Outlook for Automobile Production Bodes Well for the Market
  • Global Light Vehicle Production (In Million Units) for Years 2019 through 2025
  • What Are the Key Applications of Seamless Carbon Steel Pipes in Automobiles?
  • Powering Up: The Booming Demand for Seamless Pipes in Energy Generation
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Global Energy Consumption by Source (in %) for 2024 and 2040
  • Seamless Tubes in Industrial Boilers
  • Seamless Tubes in Utility Boilers
  • Growing Importance of Seamless Pipes in Load Bearing Applications Spurs Demand from the Construction Sector
  • Global Construction Output YoY Change (in %) by Sector for the Years 2022 through 2025
  • Global Construction Output YoY Change (in %) by Region for the Years 2022 through 2025
  • Infrastructure Needs Fuel Demand for High Strength Tubes
  • Expanding Applications of Seamless Mechanical Pipes and Tubes
  • Seamless Pipes Beneficial for High Pressure Applications
  • Cold Drawn, Hot Rolled & Cold Rolled: A Review of Various Seamless Pipes Manufacturing Processes
  • Seamless Tubes Undergo Fascinating Evolution with Shift from Traditional Manufacturing to Cutting-Edge Processes
  • Seamless Steel Pipes: Manufacturing Challenges & Potential Solutions
  • Typical Manufacturing Defects or Imperfections Encountered with Seamless Pipes
  • Corrosion: A Key Issue for Seamless Pipes and Tubes
  • Major Challenges Confronting the Seamless Pipes and Tubes Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Seamless Pipes and Tubes Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Seamless Pipes and Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Seamless Pipes and Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Seamless Pipes and Tubes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Hot Finished Seamless Pipes And Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Hot Finished Seamless Pipes And Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Hot Finished Seamless Pipes And Tubes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Cold Finished Seamless Pipes And Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Cold Finished Seamless Pipes And Tubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Cold Finished Seamless Pipes And Tubes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Oil & Gas End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Oil & Gas End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Oil & Gas End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for InfrastrUcture & Construction End-use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for InfrastrUcture & Construction End-use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for InfrastrUcture & Construction End-use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Power Generation End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Power Generation End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Power Generation End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for AUtomotive End-use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for AUtomotive End-use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for AUtomotive End-use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • US Crude Oil Production (in Thousand Barrels per Day): 2010-2023
  • Crude Oil Spot Prices ($ per Barrel): 2019-2023P
  • Oil and Gas Drilling Rigs Count* in the US (2015-2024 Mar): Breakdown of Average Number of Rigs for Oil Rigs, Gas Rigs, and Others
  • Oil and Gas Drilling Rigs Count in the US: Percentage Breakdown of Number of Rigs for Land-Based Rigs and Offshore Rigs (2015-2023)
  • Growing Complexity of Drilling Activity Holds Opportunities for OCTG Tubes
  • Conventional Vs. Unconventional Shale Gas Drilling in North America
  • Oil and Gas Drilling Rigs Count in the US: Percentage Share Breakdown of Average Number of Rigs for Directional Rigs, Horizontal Rigs, and Vertical Rigs (2015-2024E)
  • The US OCTG Consumption Per Rig 2013 -2019
  • Shale Plays Transform US Energy Mix
  • Annual Production of Shale Gas (In Trillion Cubic Feet) in the US for 2010-2040
  • Value Added Seamless Pipes Gain Traction
  • New-well Oil Production Per Rig Barrels/Day
  • Sustained Investments in E&P Activity Spells Growth for Seamless Pipes
  • ERW Pipes Pose strong Competition to Seamless Pipes
  • Domestic Production of OCTG Pipes: Percentage Share Breakdown by Type, Welded & Seamless
  • Replacement Market Generates High Demand
  • Automobile Production Trends to Drive Growth
  • US Vehicle Production (in Thousand Units) for 2016-2023
  • Construction Activity Dynamics to Impact Market Demand
  • Housing Starts in US in Thousands: 2015-202
  • US Construction Spending in US$ Billion for the Period 2015 to 2022
  • Competitive Landscape
  • Market Analytics
CANADA
  • Market Overview
  • Canadian Average Rig Count for the Period 2015-2023
  • Remote Location of O&G Reserves Drive the Need for New Pipeline Infrastructure
  • Market Analytics
JAPAN
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Market Overview
CHINA
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Market Overview
  • Expansion of Natural Gas Pipeline Networks Spells Opportunities for Spiral Weld Pipes Market
  • Crude Oil and Natural Gas Production in China: 2017-2023
  • An Insight into Seamless Pipes & Tubes Market in China
  • Production Scenario
  • Chinese Steel Pipes Market: Percentage Share Breakdown of Production Volume for Welded Pipes and Seamless Pipes (2023)
  • Large Automotive Industry Augurs Well for Seamless Tubes Demand
  • Market Analytics
EUROPE
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • How is the Russia-Ukraine Conflict Impacting Natural Gas Imports in Europe?
  • Construction Industry in Europe: Outlook
  • European Construction Outlook: % YoY Growth by Segment for 2022-2024
  • Construction Sector in Various Countries: A Review
FRANCE
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAIN
RUSSIA
  • Market Overview
  • Outlook for the Oil & Gas Industry in Russia
  • Crude Oil Production in Russia (2019- 2023) (in Million Barrels Per Day)
  • Drilling Activity in Russia (2011-2021): Percentage Breakdown by Horizontal Drilling vs. Vertical Drilling
  • Drilling Complexity Drives Demand for High-Value Products
  • Opportunities from Exploration of Untapped Oil & Gas Reserves
  • Greenfield Oil Projects to Boost Demand for Line Pipes
  • Oil Production in Russia (2020, 2025 and 2030): Percentage Share Breakdown of Production Volume by Brownfield and Greenfield Projects
  • Percentage of Total Oil Production Volume by Greenfield Projects and Hard to Recover Reserves: 2018-2025
  • Rise in Demand for Premium Products
  • Competitive Landscape
  • Market Share of Leading Manufacturers of Seamless Oil and Gas Pipes in Russia: 2024E
  • Market Share of Leading Manufacturers of Seamless Industrial Pipes: 2024E
  • Market Share of Leading Manufacturers of Seamless Line Pipes in Russia: 2024E
  • Market Analytics
REST OF EUROPE
ASIA-PACIFIC
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Market Overview
AUSTRALIA
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
  • Power Plants Expand Opportunities for Seamless Pipes
  • Construction Trends Put the Seamless Pipes Market in Overdrive
  • Increasing Oil Demand Poised to Benefit Welded Pipes Demand
  • Oil Products and Liquids Consumption (Million barrels per day) in India: 2022-2024E
  • Competitive Landscape
  • Leading Players in the Indian Seamless Pipes and Tubes Market by Capacity (in ktpa)
  • Market Analytics
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
  • Oil & Gas Industry in Latin America: Overview
  • Average Rig Count in Latin America (2015-2023)
  • Market Analytics
BRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Market Overview
  • Average Rig Count in the Middle East: 2015-2023
  • Competition
  • Middle East Tubular Assets Market: Percentage Breakdown of Share by Company for 2024E
AFRICA
  • Seamless Pipes and Tubes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • ArcelorMittal SA
  • EVRAZ North America Inc.
  • JFE Steel Corporation
  • Maharashtra Seamless Limited
  • Mannesmann Stainless Tubes GmbH
  • Nippon Steel Corporation
  • Tianjin Pipe (Group) Corporation
  • TMK Group
  • United States Steel Corporation
  • Wheatland Tube Company

Table Information