Steel Pipe Market is expected to reach $75.4 Billion by 2027- An exclusive market research report by Lucintel

Steel Pipe Market is expected to reach $75.4 Billion by 2027- An exclusive market research report by LucintelTrends and Forecast for the Global Steel Pipe MarketTrends, opportunities and forecast in steel pipe market to 2027 by end use (oil and gas, automotive, potable water, wastewater, power generation, and others), product (seamless pipe and welded pipe), material (carbon steel, stainless steel, and others), diameter (small diameter pipes (up to 15 inches) and large diameter pipes (15 inches and above), pressure rating (0-300 psi, >300-1000 psi, >1000- 3000 psi, and 3000 and above psi), and region (North America, Europe, Asia Pacific, and the

Lucintel's latest market report analyzed that steel pipe provides attractive opportunities in oil and gas, water and wastewater, power generation, automotive, and other industrial sector. The steel pipe market is expected to reach $75.4 billion by 2027 with a CAGR of 3.2%. In this market, carbon steel pipes is the largest segment by material type, whereas oil and gas is largest by end use. Increasing use of premium and technically advanced pipes by using dopeless technology and increasing use of multilayer pipes for strength and durability provides strategic growth path in this market.

Download Brochure of this report by clicking on Based on material type, the steel pipe market is segmented into carbon steel, stainless steel, and others. The carbon steel pipes segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing demand driven by growth in the oil and gas, power generation and automotive industries.

Browse in-depth TOC on “Steel Pipe Market”

102 – Tables

129 – Figures

209 – Pages

The Steel Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering steel pipe include Tenaris, Vallourec, TMK, ArcelorMittal, Nippon Steel, Sumitomo Metals, United States Steel Corporation, Chelpipe, and Tata Steel.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link

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