New York, NY -- (SBWIRE) -- 05/06/2021 -- An increase in global demand for fossil fuels leading to a rise in exploration & production activities in the oil & gas industry is driving the Seamless Pipe market.

The global Seamless Pipe market is forecast to reach USD 302.69 Billion by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand from the oil and gas industries majorly with the growing needs for superior performance benefits, including the ability to withstand high temperature, high-pressure, and high mechanical stress. However, seamless pipes are valued generally higher than the crease weld pipes inferable from their unpredictable assembling process needing high initial investments are likely to hamper the demand for the Seamless Pipe market.

Rapid urbanization has changed the way of life of the individuals and, thus, has expanded the pervasiveness of the oil and gas industry for commercial purposes over a broad aspect, therefore, augmenting the market demand. Furthermore, low consumer awareness and fluctuating oil prices, which results in price variations of polymers, is expected to attract the attention of new players in the industry, thus increasing the threat of new entrants in the market anticipating to hinder the growth of the market.

Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.

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The research study comprises of vital information focusing on major market trends and estimated revenue growth rate. Additionally, the report highlights the market competition including the portfolios and strategic alliances and endeavors of the key competitors. It focuses on the mergers and acquisitions, joint ventures, partnerships, collaborations, product launches, brand promotions, and agreements, among others. The report also offers key insights about top companies in the market along with their company overview, business expansion plans, financial standing, production and manufacturing capacity, and global position.

Key companies operating in the market include: Maharashtra Seamless Ltd. (MSL), Nippon, ArcelorMittal, United Metallurgical Company, Jindal, Kamal Steel, IPP Group, Robor, Alco, and Tubecon, among others.

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. The report also provides an extensive analysis of key regions where the market has established its presence. The report covers major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. A country-wise analysis is also included to offer better insights into regional spread of the Seamless Pipe market.

Material Outlook (Revenue, USD Billion; 2017-2027)

Steel Alloys

Copper Alloys

Nickel Alloys

Others

Production Process Outlook (Revenue, USD Billion; 2017-2027)

Continuous Mandrel Rolling

Multi-stand plug mill

Cross-roll piercing & Pilger rolling

Application Outlook (Revenue, USD Billion; 2017-2027)

Oil & Gas

Building & Construction

Power Generation

Automotive

Aviation

Others

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The Seamless Pipe Market Report Offers:

Deep insights into the Seamless Pipe market landscape

Key details about the regional segmentation of the Seamless Pipe market

Analysis of the crucial market trends with regards to both current and emerging trends

Comprehensive impact analysis of COVID-19 pandemic on the Seamless Pipe industry

Extensive overview of the key manufacturers and prominent players of the industry

Comprehensive study of the market segmentation and recent developments

Table Of Contents:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Seamless Pipe Market Segmentation & Impact Analysis

Chapter 5. Seamless Pipe Market, By Type Insights & Trends

Chapter 6. Seamless Pipe Market, By Application Insights & Trends

Chapter 7. Seamless Pipe Market, By End Use Insights & Trends

Chapter 8. Seamless Pipe Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

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