Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Carbon Steel Piping Spools Market

Carbon Steel Piping Spools Market by End User (Power Plant, Petroleum Refineries, Oil & Gas, Chemical & Fertilizers, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030)

A13472
Pages: NA
Dec 2021 | 123 Views
   
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Carbon Steel Piping Spools Market

Request Now !

Carbon steel piping spools are durable and it is made of carbon steel, a steel alloy with iron and carbon. It is strong and capable to maintain stress. Carbon steel pipe is used in a variety of heavy-duty industries like infrastructure, ship making, distillers, and chemical fertilizer equipment. The durability of carbon steel piping is high and mainly used in oil & gas industry, power plants, and others.

Carbon steel piping spools transportation can be done in high volume and made with less materials, which makes carbon steel piping a cost-effective material. It is shock-resistant and not affected by harsh environmental conditions like pressure or extreme weather and is an ideal material for structural applications.

Market Scope and Structure Analysis

The carbon steel piping spools market is projected to grow at a promising rate over the upcoming years. A low-cost and safe option and the rise in demand for chemical storage from varied application segments are estimated to safeguard the expansion of the market during the forecast period.

Some of the most common uses of carbon steel piping include building foundations, natural gases or oil transportation, boilers, and condenser tubes, transporting wastewater, processing of chemicals, high-pressure applications, and transporting sewage.

The report focused on the current market scenario which includes historical data and also projected market size in respect to regions such as North America, Europe and Asia-Pacific, South America, Middle East, and Africa.

Report metric

Details

 Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast unit

  Million(USD)

  Segments covered

  End User Industry, and Region

  Regions covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies covered

Metal Forge India, Prosaic Steel and Alloys, U.S. Pipe, Cogbill Construction LLC, ChelPipe Group, CCI Leidingsystemen B.V., Yena Engineering B.V., Cimtas Pipe Fabrication and Trading Co Ltd,

 

COVID-19 Impact Analysis

  • COVID-19 has shut down the production of carbon steel pipes because of the lockdown. This has hampered the growth of the market in the last few months and is likely to continue during 2021.
  • At the beginning of 2020, the COVID-19 began to spread around the world, millions of people worldwide were infected with the disease, and major countries have implemented prohibitions and work stoppage orders. Except for the medical supplies and life support products companies, most industries have been greatly impacted.
  • The major demand for the carbon steel pipe for spools making in the giant production and processing countries like U.S., India, and Germany are negatively affected by the pandemic, thereby declining the demand for carbon steel pipe.
  • The COVID-19 has hindered the growth of the carbon steel pipe market as sectors such as energy, structure building, and fertilizers are affected significantly. The construction sector in China, Middle East, and Africa also witnessed a major decline in the number of projects as most countries across the globe have imposed lockdown restrictions and disrupted the overall supply chain.

Top Impacting Factors

Piping spools are a fabricated component for the piping system. Pipe spools can be connected with the use of valves, and flanges for better use. Carbon steel piping spools are generally used in power plants, chemical industries, and oil & gas industries. Factors driving the market growth include increase in exploration and drilling activities for oil around the globe. The rise in growth and success rate of petroleum extracting drives the growth of the market. An increase in the use of pipe and fittings in chemical industries and power plants is anticipated to foster the growth of the market.

Carbon steel pipe is the most commonly used material for process piping. It has the advantage of wide availability, high strength, and a large array of connection possibilities, for example, screwed, socket-welded, and butt-welded. Steel pipe should be selected for the required strength and durability required for the application and the ductility and machinability required for joining it and forming it into piping spools. The pipe must withstand the pressure, temperature, and corrosion conditions of the application. These requirements are met by selecting pipes made to an appropriate ASTM or API standard.

Raw material availability is the major factor that hinders the growth of the market. The transportation of carbon steel is expensive for some countries. The manufacturing of carbon steel is required to be high for the growth of the market.

Market Trends

  • Most recognized market players are introducing the improved quality of finished materials which is helping the community and in their market growth. They have taken necessary steps to improve the accuracy of devices and overall functionality as well. Metal Forge India provide new technology carbon steel piping spools with grades ASTM A 234 WPB, WPBW, WPHY 42, WPHY 46, WPHY 52, WPH 60, WPHY 65 & WPHY 70.  In-house chemical and mechanical facilities are going up through this new technology. 
  • Similarly, competitors in the piping industry adopted acquisition as their key developmental strategy to outrage their global market. Cogbill’s RedLine IPS Composite Wear Pad System delivers unmatched corrosion protection to industrial piping systems. The wear pads are manufactured from a specially formulated vinyl ester resin. This proprietary material is UV stable and loads tested to ensure peak performance in the most demanding environments such as marine, off-shore, and other highly corrosive environments. RedLine pads and epoxy combine to provide high shear and compressive strength.
  • Pipe spools are a critical phase of the piping process in which numerous components and work steps, such as cutting, fitting, and welding, are gone through. For growth in the piping industry PEMA solutions has taken initiative for the workshop to cover the most common challenges in the pipe spools production.

Key Segments Covered

End User Industry

  • Power Plant
  •  Petroleum Refineries
  • Oil and Gas
  • Chemical and Fertilizers
  • Others

Region

  • North America 
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific  
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA 
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the carbon steel piping spools making industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the carbon steel pipe share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the carbon steel piping spools market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed carbon steel piping spools market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Carbon Steel Piping Spools Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers