Steel Seamless Pipes Market
Steel Seamless Pipes Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Steel Seamless Pipes Market Size and Growth
The Steel Seamless Pipes market is projected to witness substantial growth due to increasing demand across industries such as oil and gas, construction, and transportation. The market size reached approximately USD 5 billion in 2023, with a CAGR of around 5% expected through 2030, driven by infrastructure development and energy needs.
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Companies Covered
(Covid 19 Impact Covered)
◍ ArcelorMittal SA
◍ ChelPipe
◍ EVRAZ North America
◍ JFE Steel Corporation
◍ Nippon Steel & Sumitomo Metal Corporation
◍ Jindal SAW Ltd.
◍ Maharashtra Seamless Limited
◍ PAO TMK
◍ TMK IPSCO
◍ Techint Group SpA
◍ Tenaris S.A.
◍ TenarisSiderca (Siderca S.A.I.C.)
◍ Tianjin Pipe (Group) Corporation
◍ UMW Group
◍ United States Steel Corporation
◍ Vallourec & Mannesmann Tubes
◍ Wheatland Tube Company
The steel seamless pipes market is competitive, driven by major players like ArcelorMittal, JFE Steel, and Tenaris. These companies supply seamless pipes for various industries, enhancing quality and innovation. They contribute to market growth through strategic expansions and collaborations. Key revenues include:
- Tenaris: ~$3.3 billion
- Vallourec: ~$3.2 billion
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Market Segmentation
By Application
◍ Conveying Fluid Use
◍ Structural Use
◍ Other
By Product
◍ Hot-rolled Steel Seamless Pipes
◍ Cold-rolled Steel Seamless Pipes
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Market Growth
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$ X Billion USD
