Trends and Forecast for the Global Metal Pipe MarketTrends, opportunities and forecast in metal pipe market to 2027 by end use industry (oil and gas, potable water, wastewater, power generation, automotive, HVAC and electrical, and others), material (steel pipes, ductile iron pipes, copper pipes, and other material pipes), diameter (small diameter pipes (up to 15 inches) and large diameter pipes (15 inches and above), pressure ratings (0-300 psi, 300-1000 psi, 1000- 3000 psi, and 3000 and above psi pressure pipes), and region (North America, ELucintel's latest market report analyzed that metal pipe provides attractive opportunities in oil and gas, power generation, automotive, and industrial sectors. The metal pipe market is expected to reach $109 billion by 2027 with a CAGR of 2.7. In this market, steel pipes is the largest segment by material, whereas oil and gas is largest by end use industry. Increasing use of premium and technically advanced pipes and development of multilayer pipes for strength and durabilitys provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/metal-pipe-market.aspx Based on material, the metal pipe market is segmented into steel pipes, ductile iron pipes, copper pipes, and other material pipes. The steel pipes segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand in oil and gas, power generation and automotive industries.
Browse in-depth TOC on “Metal Pipe Market”
102 – Tables
129 – Figures
195 – Pages
The Metal Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering metal pipe include Tenaris, Vallourec, TMK, Saint Gobain, ArcelorMittal, Nippon Steel and Sumitomo Metals, United States Steel Corporation, Mueller Industries, Kaiser Aluminum, Amiantit, and Northwest Pipe.
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