About Welded Pipes
Welded pipes are a type of pipe that is created by joining two or more pieces of metal together using a welding process. Welded pipe, also known as welded steel pipe, is a steel product made by bending a steel plate into a tubular shape, welding it, and undergoing some form of surface treatment. Welded pipes have the characteristics of high strength, corrosion resistance, and long life, and are widely used in construction, automobiles, furniture and other fields. The following will introduce the commonly used materials of welded pipes. Welded pipe is a great choice of piping product for many different industries such as petrochemical, desalination, oil & gas and chemical processing. The welded pipes our trusted mills and manufacturers produce are of the high possible quality, and they have been fully tested to international standards. The welded pipes market is expected to remain robust in the coming years, driven by strong demand from various sectors and advancements in technology. However, it's important to be aware of the potential challenges and their impact on the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 5.3% |
The competitive landscape is crucial for businesses operating in the Welded Pipes market. By analyzing the strengths and weaknesses of major players, emerging trends, and future opportunities, companies can develop effective strategies to differentiate themselves, gain market share, and achieve sustainable growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Welded Pipes market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AK Tube (United States), Arcelor Mittal (Luxembourg), Nippon Steel & Sumitomo Metal (Japan), Benteler (Germany), Hi-Tech Metal & Tubes (United States), Butting (Germany), North American Pipe & Steel (United States), Tubacex (Spain), Hyundai Steel (South Korea) and JFE Steel (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Shanghai Metal (China), POSCO (South Korea), CSM Tube (United States), Fischer Group (Germany) and Guangzhou Pearl River Petroleum Steel Pipe (China).
Segmentation Overview
AMA Research has segmented the market of Global Welded Pipes market by Type (General, Galvanized, Oxygen-Blown, Metric and Others), Application (Oil & Gas, Power Generation, Construction, Automotive, Mechanical & Engineering and Others) and Region.
On the basis of geography, the market of Welded Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Carbon Steel will boost the Welded Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Manufacturing Techniques, the sub-segment i.e. Electric Resistance Welding (ERW) Process will boost the Welded Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancements in welding technologies, such as high-frequency induction welding and laser welding.
Market Growth Drivers:
Rising in Oil and Gas Production and Rising urbanization and government investments in infrastructure projects
Challenges:
Alternative materials like plastic or concrete pipes may offer lower cost.
Restraints:
Lack of Skilled labor for operation, maintenance, and quality control
Opportunities:
Investing in research and development to create lighter, stronger, or more sustainable welded pipes. and Utilizing sensors and data analytics for predictive maintenance and optimized pipe performance.
Market Leaders and their expansionary development strategies
In October 2023, JFE Steel and POSCO announce collaboration on high-strength welded pipes for bridges. The Japanese and Korean steelmakers join forces to develop and commercialize next-generation welded pipes with superior strength and durability for bridge construction projects.
In November 2023, Shanghai Metal launches online marketplace for welded pipes. The Chinese distributor establishes a digital platform connecting buyers and sellers of various types of welded pipes, aiming to improve market transparency and efficiency.
Key Target Audience
Power generation companies, Distributors and Processors, Potential Investors, Market Research and Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.