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Steel Pipe Market Is Expected To Reach $106 Billion By 2028- An Exclusive Market Research Report By Lucintel
Lucintel's latest market report analyzed that steel pipe provides attractive opportunities in oil and gas, water and wastewater, power generation, automotive, and other industrial sector. The steel pipe market is expected to reach $106 billion by 2028 with a CAGR of 3.7%. In this market, carbon steel pipe is the largest segment by material type, whereas oil and gas is largest by end use. Increasing use of premium and technically advanced pipes by using dopeless technology and increasing use of multilayer pipes for strength and durability provides strategic growth path in this market.
Based on material type, the steel pipe market is segmented into carbon steel, stainless steel, and others. The carbon steel pipes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand driven by growth in the oil and gas, power generation and automotive industries.
Browse in-depth TOC on “Steel Pipe Market”
102 – Tables
129 – Figures
209 – Pages
The Steel Pipe Market is marked by the presence of several ...
... big and small players. Some of the prominent players offering steel pipe include Tenaris, Vallourec, TMK, ArcelorMittal, Nippon Steel, Sumitomo Metals, United States Steel Corporation, Chelpipe, and Tata Steel.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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