Aluminum air pipes

Global Continuously Welded Tubes and Pipes Market to Reach 23.5 Million Tons by 2026

SAN FRANCISCO, March 10, 2022 /PRNewswire/ — New market research published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Continuously Welded Tubes and Pipes – Global Market Trajectory and Analysis”. The report presents new insights into the opportunities and challenges in a significantly transformed post COVID-19 market.

Continuously Welded Tubes and Pipes Market – Report February 2022

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Editing: 17; Published: February 2022
Executive poll: 766
Companies: 20 – Players covered include Continental Steel & Tube Company; Garth Industrial; JFE Steel Corporation; MRC Global Inc; Nippon Steel & Sumitomo Metal Corporation; Saginaw Pipe Co., Inc.; TIASCO Ltd; Wheatland Tube Company; Zhejiang Jiuli Hi-Tech Metals Co., Ltd and others.
Cover: All major geographies and key segments
segments: Segment (Seamlessly welded tubes and pipes)
Geographies: World; UNITED STATES; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia Pacific; India; South Korea; Rest of Asia Pacific; Latin America; Rest of the world.

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ABSTRACT-

Global Continuously Welded Tubes and Pipes Market to Reach 23.5 Million Tons by 2026
A continuously welded pipe is a pipe with a single longitudinal seam that is formed by a continuous welding process. These pipes are also called Electric Fusion Welding (EFW) pipes. Seam welding is a type of butt welding technology, in which a joint is created by subjecting the skelp to heat treatment in an oven and then pressing the skelp mechanically so as to press the edges formed. As a result, successive coils of skelp are combined or joined, ensuring a continuous flow of steel for use in the welding plant. Continuous butt welded pipes are generally small diameter pipes, which are mainly used for water and gas supply with lower cost and higher productivity. While ERW line pipe is also used in the transmission of fluids and gases, the continuous welding process stands out from the ERW pipe production method in terms of the savings associated with high volume production, because the process can produce tubes at a speed of 1200 feet per minute compared to ERW. method which has a production speed of 110 feet per minute. Mills involved in the production of continuous butt-welded tubes are usually specialized in large-scale manufacturing, primarily to meet gas and water supply needs. In these applications, low cost and high productivity are of considerable importance. Since seam-welded tubing has a higher degree of malleability than ERW tubing, it is a preferred choice in applications where the tubing must be grooved, bent, or threaded.

The growth of the global market would be mainly driven by improved residential construction and infrastructure spending for projects such as airports, subways, and greenhouses, among others. Industry should also benefit from the requirement to replace obsolete pipelines, particularly in the developed economies of the United States and Europe. As CW pipes are also used in fire sprinkler systems, tighter regulatory standards and stricter industrial safety requirements along with increased infrastructure spending are expected to drive future demand. As CW pipes face strong competition from ERW pipes, product quality improvement is constantly pursued to ensure less power and lower replacement frequency. Improved infrastructure spending driven by rapid urbanization, increasing attention to urban water security, and consequent expansion of water supply networks; The steady pace of industrialization and resulting investments in pipelines for industrial water and wastewater management are also expected to boost growth prospects. Amid the COVID-19 crisis, the global Continuously Welded Pipes and Tubes market estimated at 19.6 million tons in 2022 is expected to reach a revised size of 23.5 million tons by 2026, with growth at a CAGR of 4.2% during the analysis. period.

The US market is estimated at 1.6 million tons in 2022, while China is expected to reach 10.6 million tons by 2026
The continuously welded pipes and tubes market in the United States is estimated to reach 1.6 million tons in 2022. The country currently accounts for an 8.52% share of the global market. China, the world’s second largest economy, is expected to reach an estimated market size of 10.6 million tons in 2026 growing at a CAGR of 5% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 2.2% and 2.6% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 2.5% while the rest of the European market (as defined in the study) will reach 11.1 million tons by the end of the analysis period. Asia-Pacific represents a major market, driven by rapid industrialization and investment in infrastructure development projects. In the developed countries of North America and Europethe majority of operational systems have reached the end of their useful life, which requires a complete overhaul of existing systems, which in turn involves huge investments and drives replacement demand. After

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