The global industrial pipe market is expected to reach an estimated $21.7 billion by 2023 with a CAGR of 2.5% from 2018 to 2023
NEW YORK, Nov. 1, 2018 /PRNewswire/ --
Trends, opportunities and forecast in industrial pipe market to 2023 by end use industry (power generation, petrochemical, automotive, industrial processing plant, and others), material (steel, ductile iron, plastic, fiberglass reinforced (FRP), and others), diameter (small diameter pipes up to 15 inches, medium diameter pipes from 15 to 30 inches, and large diameter pipes of 30 inches and above), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Read the full report: https://www.reportlinker.com/p05606228
The future of the global industrial pipe market looks promising with opportunities in power generation, petrochemical, automotive, and industrial processing. The global industrial pipe market is expected to reach an estimated $21.7 billion by 2023 with a CAGR of 2.5% from 2018 to 2023. The major growth drivers for this market are increasing construction of new pipelines, replacement of aging pipelines, urbanization rate, and infrastructure development.
Emerging trends which have a direct impact on the dynamics of the industrial pipe industry include increasing use of dopeless technology in pipe manufacturing to reduce operational risk and development of multilayer pipe to increase strength and durability.
industrial pipe market by end use industry
industrial pipe market
industrial pipe manufacturers
The study includes the industrial pipe market size and forecast for the global industrial pipe market through 2023, segmented by end use industry, material, diameter, and region, as follows:
Industrial Pipe Market Size by End Use Industry [Value ($M) from 2012 to 2023]:
Power Generation Petrochemical Automotive Industrial Processing Others
Industrial Pipe Market Size by Material [Value ($ Million) and Volume (Thousand Tons) from 2012 to 2023]:
Steel Pipes Ductile Iron Pipes Plastic Pipes FRP Pipes Other Pipes
Industrial Pipe Market Size by Diameter [Value ($ Million) from 2012 to 2023]:
Small Diameter Pipes Medium Diameter Pipes Large Diameter Pipes
Industrial Pipe Market Size by Region [Value ($ Million) from 2012 to 2023]:
North America US Canada Mexico Europe United Kingdom Germany APAC China Japan India ROW Brazil Middle East
Some of the industrial pipes companies profiled in this report include Vallourec, TMK, Tenaris, China Lesso, ArcelorMittal, Mexichem, Sekisui Chemicals, Advanced Drainage System, Amiantit, and Future Pipe.
On the basis of comprehensive research, Lucintel forecasts that the steel pipe is expected to remain the largest material segment over the forecast period due to increasing demand for steel pipes in power generation and petrochemical industries. Lucintel predicts that the plastic pipe material segment will witness the highest growth during the forecast period because of low cost, light weight and corrosion resistant.
Within the global industrial pipe market, petrochemical will remain the largest end use industry during the forecast period due to increasing investments in new ventures and up-gradation of petrochemical facilities.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increasing infrastructure development, urbanization and government economic stimulus measures in this region.
Some of the features of "Industrial Pipe Market Report: Trends, Forecast and Competitive Analysis" Include:
Market size estimates: Global industrial pipe market size estimation in terms of value ($M) and volume (Thousand Tons) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global industrial pipe market size by various applications such as end use industry, material, and diameter in terms of value and volume shipment.
Regional analysis: Global industrial pipe market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for industrial pipe in the global industrial pipe market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for industrial pipe in the global industrial pipe market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report addresses the following key questions:
Q.1. What are some of the most promising, high growth opportunities for the global industrial pipe market by end use industry (power generation, petrochemical, automotive, industrial processing plant, and others), material (steel, ductile iron, plastic, fiberglass reinforced (FRP), and others), diameter (small diameter pipes up to 15 inches, medium diameter pipes from 15 to 30 inches, and large diameter pipes of 30 inches and above), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market?
Q.5. What are the business risks and competitive threats in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market?
Q.6. What are the emerging trends in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market and the reasons behind them?
Q.7. What are some of the changing demands of customers in industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market?
Q.8. What are the new developments in the industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market and which companies are leading these developments?
Q.9. Who are the major players in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market? What strategic initiatives are being initiated by key companies for business growth?
Q.10. What are some of the competing products in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this industrial pipe (steel pipe & tubes, PVC Pipe, etc.) market?
Read the full report: https://www.reportlinker.com/p05606228
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