Global Seamless Pipes and Tubes Strategic Business Report 2023: Seamless Pipes Gain Strength in Load Bearing Applications in the Construction Sector


Dublin, April 03, 2023 (GLOBE NEWSWIRE) -- The "Seamless Pipes and Tubes: Global Strategic Business Report" report has been added to's offering.

The global market for Seamless Pipes and Tubes estimated at US$174.7 Billion in the year 2022, is projected to reach a revised size of US$270.9 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.

Hot Finished , one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$158.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Cold Finished segment is readjusted to a revised 4.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $43.6 Billion, While China is Forecast to Grow at 7.1% CAGR

The Seamless Pipes and Tubes market in the U.S. is estimated at US$43.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$53 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 199 Featured) -

  • ArcelorMittal SA
  • EVRAZ North America Inc.
  • JFE Steel Corporation
  • Jindal SAW Ltd.
  • Maharashtra Seamless Limited
  • Nippon Steel Corporation
  • TMK Group
  • Tenaris S.A.
  • Tianjin Pipe (Group) Corporation
  • UMW Group
  • United States Steel Corporation
  • Vallourec& Mannesmann Tubes SAS
  • Wheatland Tube Company

Key Attributes:

Report AttributeDetails
No. of Pages635
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$174.7 Billion
Forecasted Market Value (USD) by 2030$270.9 Billion
Compound Annual Growth Rate5.6%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • Year 2021 in Review and Near Term Outlook
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
  • Russia Ukraine Conflict, China Lockdowns Again Threaten to Disrupt Global Supply Chains
  • Review of Major End-Use Markets Impacted by the Pandemic
  • Automotive Sector
  • Global Automotive Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Manufacturing & Machinery
  • Global Machine Tools Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
  • Oil & Gas Sector
  • Global Brent Crude Oil Price Trends in US$/barrel: 2019 - 2022
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2021
  • Oil and Gas Companies Set to Adjust Spending in Near Term
  • Global CAPEX for Upstream Oil and Gas: 2019-2021
  • Backed by Inflated Oil Prices, Global Capital Expenditure on Upward Trajectory
  • Global E&P CAPEX: 2015-2022
  • Global Oil Production (In Million Barrels Per Day) for Years 2018 through 2022
  • Implications of Russia-Ukraine Conflict on Oil & Gas Industry
  • Competitive Landscape
  • Seamless Pipes and Tubes - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Seamless Pipes & Tubes: An Introduction
  • A Glance at the Production Process
  • Types of Seamless Pipes and Tubes
  • Key End-Use Markets
  • Market Outlook
  • Unconventional and Deep Water to Buoy Growth Opportunities
  • Oil & Gas Industry Increases Focus on Energy Transitions
  • Seamless Pipes Production Scenario
  • Global Seamless Tubes Production by Geographic Region: Percentage Share Breakdown of Production Output
  • Recent Market Activity



  • Drilling & Well Construction Activity to Post Strong Gains from Demand-Led Rebound
  • World Average Rig Count by Region: 2015-2021
  • World Average Rig Count by Region: Jan-March 2022
  • World Average Rig Count by Region: 2021
  • Global Rig Count by Region (2020: Percentage Share Breakdown of Average Rig Count
  • Unconventional Oil & Gas Resources Trigger Demand for High Grade OCTG Products
  • Deep Water Drilling Widens Opportunities
  • Deepwater Projects to Attract Increased Investment in 2022
  • Five New Deepwater Discoveries in the Gulf of Mexico Announced by Operators
  • Deepwater Activity in the US Gulf of Mexico to Increase
  • Tough Operating Environments Drive Demand for High Quality Line Pipes
  • Horizontal Drilling Benefits Demand
  • Machinery: An Important Market for Seamless Tubes
  • High Performance Steel Grades Gain Importance in Machinery
  • Recovery in Automotive Sector to Drive Gains
  • Global Automobile Production (In Million Units) for the Years 2011 - 2021
  • Power Generation: An Expanding Market for Seamless Pipes
  • Global Energy Generation Mix (in %) for 2018 and 2050
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Seamless Tubes in Industrial Boilers
  • Seamless Tubes in Utility Boilers
  • Seamless pipes Gain Strength in Load Bearing Applications in the Construction Sector
  • Rebound in the Construction Sector to Drive Opportunities
  • Construction Sector Outlook for 2022
  • World Construction Industry (in US$ Trillion) for the Years 2017, 2019 & 2022
  • Infrastructure Needs Fuel Demand for High Strength Tubes
  • Global Infrastructure Spending in US$ Billion(2014-2022)
  • Infrastructure Financing of Emerging Markets to Receive Encouragement from Ongoing US-China Tensions




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