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DUBLIN, February 25, 2022--(BUSINESS WIRE)--The "Large Diameter Steel Pipes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Large Diameter Steel Pipes estimated at US$11.7 Billion in the year 2020, is projected to reach a revised size of US$13.6 Billion by 2026, growing at a CAGR of 2.6% over the analysis period. LSAW Pipes, one of the segments analyzed in the report, is projected to record 2.4% CAGR and reach US$7.6 Billion by the end of the analysis period.
After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the SSAW Pipes segment is readjusted to a revised 2.9% CAGR for the next 7-year period. LSAW Pipes find application in offshore and onshore oil and gas pipelines which demand high performance as well as resilience to external factors. SSAW pipes entail the use of relatively lighter equipment compared to LSAW pipes, which also contributes to significantly lower capital investments in construction and operating of the pipe mill. Although the immediate outlook for the oil & gas industry remains largely negative on the back of the COVID-19 crisis thus impacting growth in the LSAW and SSAW pipes market, long-term forecasts remain favorable on anticipated increase in oil & gas consumption from second half of 2021 onwards amid likely resurgence in energy demand.
The U.S. Market is Estimated at $1.9 Billion in 2021, While China is Forecast to Reach $5 Billion by 2026.
Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
United Metallurgical Company (AO OMK)
Impact of Covid-19 and a Looming Global Recession
Future Economic Scenario Anticipated to Augment Market Prospects
COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
Amidst the COVID-19 Outbreak, Oil & Gas Sector Confronts Challenging Times
Global Reduction in CAPEX (in %) by Industry for FY2020
Large Diameter Steel Pipes: Product Overview
Overview of Large OD Line Pipe Manufacturing
Classification of Large Diameter Steel Pipes
Large Diameter Steel Pipes (LDSPs): Key Medium for Energy Transportation
Near-to Mid-Term Prospects Remain Favorable for LDSPs
Key Benefits Offered Drive Widespread Deployments
Market to Experience Growth Momentum in Asia-Pacific & Other Developing Regions
Developing Regions Account for Lion's Share of the World LDSPs Market: Percentage Breakdown of Value Sales for Developing Regions (Asia-Pacific & Others) and Developed Regions (2020 & 2027)
Global Large Diameter Steel Pipes Market - Geographic Regions Ranked by CAGR (Value Sales) for 2020-2027: China, Asia-Pacific, Middle East, Latin America, Africa, USA, Europe, Canada, and Japan
Large Diameter Steel Pipes - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Market Demand Strongly Influenced by CAPEX on Pipeline Infrastructure
Oil & Gas Pipeline Activity Worldwide: Under Construction and Planned Pipeline Miles by Region
Worldwide Natural Gas Pipeline Construction Projects (2016- Historic Data): Percentage Share Breakdown of Pipeline Miles by Geographic Region
Worldwide Crude Oil Pipeline Construction Projects (2016-Historic Data): Percentage Share Breakdown of Pipeline Miles by Geographic Region
Worldwide Natural Gas Pipeline Construction Projects Beyond 2016- Historic Data: Percentage Share Breakdown of Pipeline Miles by Geographic Region
Worldwide Crude Oil Pipeline Construction Projects Beyond 2016- Historic Data: Percentage Share Breakdown of Pipeline Miles by Geographic Region
Inter-Regional Supply of Oil & Gas to Boost Demand for Large OD Pipes
Changing Energy Mix & Increase in Natural Gas Share: Emerging Opportunities
Global Energy Demand & Growth (In Million Tonnes of Oil Equivalent (Mtoe)) for the Years 1990, 2000, 2010, 2020, 2030 and 2040
Global Primary Energy Consumption by Source (in %) for 2018 and 2040
Global Transmission Pipeline Length by Fuel Type (1999 & 2019): Percentage Breakdown for Crude Oil, Natural Gas and Others
Helical SAW Pipes Finding Favor over Longitudinal Weld Pipes
Welded Line Pipe Makes Inroads
Carbon Capture & Storage: Potential for Growth
Piling Applications: An Opportunity Market
Infrastructure Spending Patterns Influence Market Prospects
For more information about this report visit https://www.researchandmarkets.com/r/tkpjbg
View source version on businesswire.com: https://www.businesswire.com/news/home/20220225005463/en/
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com
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