New Research: Lucintel Predicts a Bright Future for the Metal Pipe Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Metal Pipe Industry”?

This market report for metal pipe identifies and predicts future opportunities for growth in global metal pipe industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for metal pipe in the oil and gas, power generation, automotive, and industrial sector.

According to Lucintel’s market report, the global metal pipe market is expected to reach an estimated $97.7 billion by 2023 with a CAGR of 3.9% from 2018 to 2023. Some of the dominant players in the global metal pipe market are Tenaris, Vallourec, TMK, Saint Gobain, ArcelorMittal, Nippon Steel and Sumitomo Metals, United States Steel Corporation, Muller Industries, Kaiser Aluminum, Amiantit, and Northwest Pipe and others.

There are some interesting developments in global metal pipe market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include Increasing use of premium and technically advanced pipe and development of multilayer pipe for strength and durability.

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