The global demand for Carbon Steel Pipes Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.
Carbon steel pipe is alloy pipe made of stainless steel, titanium alloy steel, copper or aluminium, and more. It offers high mechanical performance, high corrosion resistance, high weldability, high operational convenience, and high safety. It is the most commonly used material for process piping for liquid, gas, and steam services both above- and belowground services. There are many grades, thickness, and strengths of carbon steel pipe. They are classified according to the manufacturing methods: SMLS, electric resistance weld (ERW), submerged arc weld (SAW), double submerged arc weld (DSAW), furnace weld, butt-welded or continuous weld, and spiral-welded pipe.
The current visibility in carbon steel pipes is strong, owing to investments made to create a national gas grid, Capex related to city gas distribution and in-plant pipelines in industries. Key policy-led initiatives such as the urban infrastructure programme under Public Private Partnership also proved to be a growth paving factor. The carbon steel pipes witnesses’ robust demand from various domestic industries such as real estate, power, energy, construction, telecom, entertainment zones, metros, airports and ports, etc. Water and gas sectors accounted for the major share in the market and continue to remain dominant throughout the forecast period. Upgradation of the transmission network, expansion of feeder pipeline from rivers and canals to ensure efficient water supply and its availability for irrigation and basic sanitation is providing momentum to the demand.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of carbon steel pipes.
The entire carbon steel pipes market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Carbon Steel ST 52.3
- Carbon Steel SAE 1018
- Carbon Steel API 5l Grade B
- Carbon Steel A 106 Gr B/C
- Conveying Oil
- Conveying Gas
- Electric industry
This section covers regional segmentation which accentuates on current and future demand for carbon steel pipes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Carbon Steel Pipes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the carbon steel pipes market include Ochiai, Beneri, IWATA DENKO, Star Circlips, Garlock. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.