The Global Market for Electric Resistance Welded (ERW) Pipes and Tubes is Projected to Reach 86.5 Million Tons by 2022

Investments in Infrastructure Projects in Developing Economies Drives Demand for Electric Resistance Welded Pipes and Tubes, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Electric Resistance Welded Pipes and Tubes market. The global market for Electric Resistance Welded (ERW) Pipes and Tubes is projected to reach 86.5 million tons by 2022, driven by the growth in investments in infrastructure projects in developing economies and the ensuing demand for high quality steel pipes.

Electric Resistance Welded (ERW) pipes are strips of hot rolled steel that are transformed into rolls and later welded through the use of an electric charge. These pipes are mainly used for downstream distribution of oil, gas and water and in engineering applications. Growth in investments in power generation and infrastructure projects such as water and sewage systems augur well for the ERW pipes market. Another area of opportunity is replacement of old pipeline infrastructure following growing emphasis on inspection and repair of pipelines as a result of pipe integrity programs in countries such as the U.S. Rise in infrastructure spending in line with population expansion and urbanization trend is expected to further drive the demand for ERW pipes in piling and structural applications. Stable automobile production is also expected to boost demand for ERW pipes. 

With rig drilling moving to challenging environments, demand for ERW OCTG pipes with high strength and toughness is gaining importance. With oil and gas operations reaching depths of 40,000 feet and surrounded by challenging environments including high pressure and strong ocean currents, demand for high strength pipes with superior collapse resistance, toughness to low-temperature, and dimensional accuracy is picking up. In addition, line pipes carrying natural gas are required to have high strength to withstand the material weight and raise the operating pressure of the pipelines. With demand on rise for lighter pipe weight and reduced costs, line pipes are being made of X70 grade moving away from conventional X65 grade steel. Automotive industry is expected to drive the demand for high precision mechanical steel tubes used in shock absorbers, fuel injection tubes, and many other parts.  

As stated by the new market research report on Electric Resistance Welded Pipes, Asia-Pacific represents the largest and the fastest growing market worldwide, led by factors such as rising investments in sectors such as power generation and growth in infrastructure projects such as water and sewage systems. In addition to the expansion of pipeline infrastructure for oil and gas, there also exists potential opportunities for replacement of older pipeline networks.

Major players covered in the report include Al Jazeera Steel Products Company SAOG, Arabian Pipes Company, ArcelorMittal SA, ChelPipe, EVRAZ North America, JFE Steel Corporation, Maharashtra Seamless Limited, Nippon Steel & Sumitomo Metal Corporation, Northwest Pipe Company, PAO TMK, TMK IPSCO, PT Bakrie Pipe Industries, Salzgitter Mannesmann Line Pipe GmbH, Tata Steel Europe, Techint Group SpA, United States Steel Corporation, United Metallurgical Company /OMK, Welspun Corp Ltd., and Wheatland Tube Company, among others

The research report titled “Electric Resistance Welded Pipes and Tubes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, and strategic industry activities. The report provides market estimates and projections for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa, and Latin America. The report is analyzed by applications namely Mechanical Steel Tubing, Structural Steel Pipes & Tubing, Pressure Tubing, Standard Pipes, Oil Country Tubular Goods, and Line Pipes.

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