Lucintel Forecasts Small Diameter Pipe Market To Reach $358 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the small diameter pipe market is projected to reach an estimated $358 billion by 2030 at a CAGR of 5.3% from 2024 to 2030. Growth in this market is primarily driven by increasing urban population, construction and infrastructure development, and recovery in oil and gas industry.
A more than 150-page report to understand trends, opportunities and forecast in small diameter pipe market by material (metal pipe, plastic pipe, concrete pipe, FRP pipe and others), application (potable water pipe, wastewater pipe, oil and gas pipe, industrial application pipe, and others), diameter (0 to 5 inches, 6 to 10 inches, and 11 to 15 inches), and region (North America, Europe, and Asia Pacific (APAC) and the Rest of the World (ROW).
Lucintel forecasts that plastic pipe segment is expected to show above average growth during the forecast period.
Within the global small diameter pipe market, the metal pipe segment is expected to remain the largest segment by value and by volume. High strength, rigidity, and pressure tolerance in expanding oil and gas, water, and wastewater pipe applications are ...
... the major driving forces that would spur growth for this segment over the forecast period.
Download sample by clicking on small diameter pipe market
APAC is expected to remain the largest market and is expected to witness highest growth rate during the forecast period due to infrastructure development, and construction of new pipelines.
United States Steel Corp., Tenaris SA, Vallourec SA, OAO TMK, and ArcelorMittal SA are the major suppliers in the small diameter pipe providers.
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 write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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