The Iron And Steel Pipe And Tube by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Iron And Steel Pipe And Tube, The iron and steel pipe and tube market size has grown steadily in recent years. It will grow from $200.15 billion in 2023 to $207.95 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to infrastructure development projects, industrialization and economic growth, oil and gas exploration, government investments, urbanization and construction boom.
The iron and steel pipe and tube market size is expected to see steady growth in the next few years. It will grow to $236.52 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to renewable energy projects, upgrades in water and wastewater systems, green building initiatives, global trade dynamics, infrastructure resilience projects. Major trends in the forecast period include technological advancements, rising demand in construction, focus on sustainable practices, advancements in coating technologie, technological innovations in material composition.
Increasing oil and gas production is expected to propel the growth of the iron and steel pipes and tubes market going forward. Oil and gas sectors include the business segment dedicated to hydrocarbon exploration, data collection, development, drilling, production, gathering, refining, distribution, and transportation. Iron and steel pipes and tubes are used in the oil and gas industry to transport oil, gas, and other liquids safely, as they are incredibly strong and can endure extreme temperatures without any danger of failure or cracking. For instance, in March 2023, according to the Energy Information Administration (EIA), a US-based government organization, oil and gas production increased from 99.4 million barrels per day (b/d) in 2022 to 100.9 million b/d in 2023. Therefore, the increasing oil and gas production is driving the iron and steel pipes and tubes market.
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The iron and steel pipe and tube market covered in this report is segmented –
1) By Type: Seamless Pipes And Tubes, Welded Pipes And Tubes
2) By Material: Steel And Alloys, Cooper And Alloys, Aluminum And Magnesium Alloys, Nickel And Alloys, Other Materials
3) By End-Users: Oil And Gas, Power Generation, Automotive, Aviation, Construction, Process Industry, Other End Users
Top Major Players:
B&G Foods Holdings Corp.
Capricorn Food Products India Ltd.
Greenyard NV
J.R. Simplot Company
Uren Food Group Limited
North America was the largest region in the IQF vegetable market in 2023.
Technological advancement is the key trend gaining popularity in the iron and steel pipes and tubes market. Major companies operating in the iron and steel pipes and tubes market are focused on developing innovative products to strengthen their position in the market. For instance, in February 2021, Hypertherm Inc., a US-based manufacturer of cutting equipment and accessories, launched a software called Rotary Tube Pro 3, a tube and pipe cutting software for machines with a rotary axis. It involves cutting along a common line and enables operators to separate two or more parts that provide greater material utilization and better consumable life.
The iron and steel pipe and tube market report table of contents includes:
1. Executive Summary
2. Iron And Steel Pipe And Tube Market Characteristics
3. Iron And Steel Pipe And Tube Market Trends And Strategies
4. Iron And Steel Pipe And Tube Market - Macro Economic Scenario
5. Global Iron And Steel Pipe And Tube Market Size and Growth
….…
31. Global Iron And Steel Pipe And Tube Market Competitive Benchmarking
32. Global Iron And Steel Pipe And Tube Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Iron And Steel Pipe And Tube Market
34.Iron And Steel Pipe And Tube Market Future Outlook and Potential Analysis
35. Appendix
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TheBusinessResearchCompany published its Steel Product Manufacturing Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global steel product manufacturing market.
The report covers the steel product manufacturing market’s segments- iron and steel pipe and tube manufacturing, rolling and drawing.Explore Complete Report https://www.thebusinessresearchcompany.com/report/steel-product-manufacturing-global-market-reportSteel Product Manufacturing Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2081=smpIoT technology is being adopted and implemented by steel product manufacturing companies.
With an increase in positive economic outlook, improved earning capacity, and emerging markets growth, the scope and potential for the global steel product manufacturing market is expected to significantly rise in the forecast period.
Shashwat Stainless Inc. is the largest Pipe and Tubes Manufacturers in India.
One of our popular products in the Metal Market is ASTM Pipes and Tubes.
Shashwat Stainless Inc offers a wide range of products in different materials to its customers.
We also deal with Round Bars and Pipes and Tubes, Duplex Steel & Super Duplex Steel, Buttweld Fittings, Forged Fittings, Stainless Steel and Flanges.
Our vision is to provide the best quality Pipes & Tubes, Sheet and Plate, Stainless Steel Refractory Anchors products worldwide.
We provide the best quality products at the best price to our customers.
The Iron And Steel Casting Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global iron and steel casting market are Amsted Rail Company Inc., ArcelorMittal SA, Calmet, Inc., ESCO Corporation, Evraz plc, Hitachi Metals, Ltd., Hyundai Steel Company, Kobe Steel, Ltd., Nelcast Limited, Nucor Corporation, OSCO Industries, Inc., and Tata Steel Limited.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Iron And Steel Casting Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/iron-and-steel-casting-market/download-sampleMarket DynamicsThe increasing demand for iron and steel casting in automobile and electrical industries owing to their use in the manufacturing of components is driving the market growth.
Furthermore, rising demand for steel casting in the construction industry owing to growing infrastructure-building activities is again fueling the market expansion.
However, the availability of substitute such as aluminum-based alloys casting in several applications may hinder the market growth.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
