Nov 6, 2018   SOURCE: BusinessWire

Global Industrial Pipe Market Report 2018: Trends, Forecast and Competitive Analysis 2012-2023 - ResearchAndMarkets.com

The "Industrial Pipe Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

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 future of the global industrial pipe market looks promising with opportunities in power generation, petrochemical, automotive, and industrial processing. 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.

The report 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. The researcher 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 industrial pipes companies profiled in this report include Vallourec, TMK, Tenaris, China Lesso, ArcelorMittal, Mexichem, Sekisui Chemicals, Advanced Drainage System, Amiantit, and Future Pipe.

Scope of the Report

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

Key Topics Covered:

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2012 to 2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Cost Structure Analysis

7. Growth Opportunities and Strategic Analysis

8. Company Profiles of Leading Players

  • Advanced Drainage Systems, Inc.
  • ArcelorMIttal S.A.
  • Astral Poly Technik Limited
  • Cemex SAB de CV.
  • China LESSO Group Holdings Limited
  • Compagnie de Saint-Gobain SA
  • Future Pipe Industries
  • Mexichem SAB de CV
  • Northwest Pipe Company
  • Saudi Arabian Amiantit Company
  • Sekisui Chemical Co., Ltd.
  • Supreme Industries Ltd
  • TMK Group
  • Tenaris SA
  • Vallourec SA

For more information about this report visit https://www.researchandmarkets.com/research/9zvvws/global_industrial?w=4