The Global Market for Continuous Welded Pipes and Tubes is Projected to Reach 20.8 Million Tons by 2020

Recovery in Construction Markets to Drive Demand for Continuous Welded Pipes and Tubes, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Continuous Welded Pipes and Tubes. The global market for Continuous Welded Pipes and Tubes is projected to reach 20.8 million tons by 2020, driven by the recovery in construction activity and government investments in water and gas supply projects in developing countries.

Continuous pipes refer to pipes produced in continuous lengths formed by butt welding technology, in which a seam is created by subjecting the skelp to heat treatment in a furnace, and subsequently pressing the skelp mechanically so as to press the formed edges. These pipes find use in structural, plumbing, and other low pressure applications. Since continuous weld pipes are characterized by a higher degree of malleability over ERW pipes, they are a preferred choice in applications where the pipe is required to be grooved, bent, or threaded. As these pipes are used in the conveyance of water, air, gas, and steam, investment in industrial projects and water infrastructure is expected to drive future demand for continuous weld pipes.

With CW pipes facing strong competition from ERW pipes in small diameter pipe applications, companies are focusing on improving product quality to gain an edge. Efforts are also underway to develop multi-functional coated pipe products and fire sprinkler pipes designed to meet fire safety norms. While CW pipes score over plastic pipes in terms of higher mechanical strength and high melting point which makes them less susceptible to damage while dropping, they are however characterized by lower susceptibility to corrosion and scale build up. To overcome the shortcomings, companies are designing products coated with superior coatings that offer high corrosion and heat resistance, extended shelf life and also retard microbial growth.

As stated by the new market research report on Continuous Welded Pipes and Tubes, Asia-Pacific represents the largest and the fastest growing market worldwide. The growth in the market is driven by the recovery in construction activity and government investments in infrastructure development. In developed economies such as the United States, demand is expected to be driven by the pressing need to replace aging water and gas pipe systems.

Major players covered in the report include ChelPipe, JFE Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, and Wheatland Tube Company.

The research report titled “Continuous Welded Pipes and Tubes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a review of market trends, drivers, company profiles, and strategic industry activities. The report provides market estimates and projections for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Middle East, and Latin America.