Global steel pipe demand will rise 3.5 percent annually to 79.7 million metric tons in 2019. This decelerating pace will reflect slower construction activity in China and less oil and gas exploration in North America. Steel will remain the dominant pipe material in energy uses, but will face more competition from plastics in other markets.This study analyzes the 67.1 million metric ton world steel pipe market. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by application (e.g., oil and gas; structural, mechanical and OEM; construction; industrial processing) for six world regions and 20 major countries.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 25 industry players, including Tenaris, Nippon Steel, Sumitomo Metal.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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