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Piping System and Piping Spools Market by Material (Stainless Steel, Carbon Steel, Alloy Steel, and Others), and End-user (Power Plant, Petroleum Refineries, Offshore, Shipbuilding, & Marine, Chemical and Fertilizers, Pharmaceuticals, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A07964 | Pages: 215 | Feb 2021 | 1199 Views | | |
| Author(s) : Amol Phoke, Priyanka Khandelwal , Onkar Sumant | Tables: 99 | Charts: 51 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !The global piping system and piping spools market size was valued at $4,832.5 million in 2019, and is expected to reach $6,035.0 million by 2027, registering a CAGR of 4.5% from 2020 to 2027. Pipe spool is a fabricated component of a piping system. Pipe spools is a piping system in which a number of raw pipes and pipe fittings (elbows, flanges, and others) are fabricated in fabrication shops or on-site. Roll correction and welding, and durable position fitting and welding, are the two processes used in pipe spooling. Piping spools are generally used in power plants, chemical industries, and oil & gas industries.
The COVID 19 outbreak has affected the growth of the piping system & piping spools industry owing to the lockdown measure in different countries and delay in manufacturing and production of pipe spools.
Steel pipes, alloy steel, or carbon steel is the material used for pipe spooling. The factors such as growth in exploration and drilling activities for oil around the globe is anticipated to drive the growth of the piping system and piping spools market. For instance, exploration drilling activities increased by nearly 30% from 2017 to 2018. Many oil companies and governments are focusing on new exploration and drilling activities for oil & gas to gain a competitive edge over the other players and fulfil the growing oil demand around the world. For instance, in November 2018, PetroChina, a China-based oil & gas company aimed to raise the oil output in 2021 in Northwestern Xinjiang region. The site is a newly discovered oilfield. However, the fluctuation in raw material prices required for piping spools is anticipated to hamper the growth of the piping system and piping spools market. On the other hand, technological advancement in the piping spools industry is anticipated to provide lucrative opportunities for the market players in the piping spools industry. Moreover, increase in government investment in oil & gas refinery project is projected to cater to the growth of the piping system and piping spools market. For instance, in August 2020, German government invested around $100.8 million on hydrogen project at oil refinery project in Hamburg.
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Furthermore, the adoption of stainless-steel piping spool is rising, owing to its features such as hardness, corrosion control, and able to work under high temperature. Major players are offering stainless steel pipes for spooling application. For instance, Prosaic Steel and Alloys offered ASTM A123 stainless steel pipe. It is used in heat exchangers plates, sheet, and steel boiler. It is available in size from 12” and 24”. The pipe has a diameter from 3.2 mm to 127 mm. All instances are anticipated to cater to the growth of the piping system and piping spools market.
The COVID-19 pandemic has forced many companies in the global piping system and piping spools market to halt their business operations to comply with new government regulations for curbing the spread of COVID-19. This halt in operations directly impacts the revenue flow of the global piping system and piping spools market. In addition, there is a halt in providing raw material to the manufacturers of piping system and piping spools products. However, the demand for piping spools for oil & gas project and chemical projects is expected to increase in the near-term. Hence, halt in manufacturing activities and lockdowns for several months have affected the global piping system and piping spools market, with slow recovery is anticipated during 2021. This is further projected to the re-opening of piping system and piping spools industry at their full-scale capacities, which in turn, would aid the market to recover by the start of 2022.
Piping System and Piping Spools Market
By Material
Stainless steel segment holds dominant position in 2019
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Based on material, the market is divided into stainless steel, carbon steel, alloy steel, and others. The carbon-steel segment is projected has highest revenue during the forecast period. By end-user, the market is divided into power plant, petroleum refineries, offshore, shipbuilding, and others, chemical and fertilizers, pharmaceuticals, and others. The pharmaceuticals segment is projected to grow at a significant CAGR during the forecast period. Region wise, the global piping system and piping spools market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Based on region, Asia-Pacific is expected to grow at a highest rate during the forecast period.
Piping System and Piping Spools Market
By End-User
Pharmaceuticals segment is projected to grow at a significant CAGR
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Competition Analysis
Key companies profiled in the report include Dee Piping System, 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, Arabian International Co for Steel Structure (AIC), Sung IL Sim Co. Ltd., Seonghwa Industrial Co. Ltd., and Larsen & Toubro Limited.
Piping System and Piping Spools Market
By Region
Asia- Pacific is expected to grow at a highest rate during the forecast period.
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Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging piping system and piping spools market trends and dynamics.
- In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.
- Extensive analysis of the piping system and piping spools market growth is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The global piping system and piping spools forecast analysis from 2020 to 2027 is included in the report.
- The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the piping system and piping spools market.
Global Piping System And Piping Spools Market Segments
By Material
- Stainless Steel
- Carbon Steel
- Alloy Steel
- Others
By End-user
- Power Plant
- Petroleum Refineries
- Offshore, Shipbuilding, and Marine
- Chemical and Fertilizers
- Pharmaceuticals
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Key market players
1.5.Research methodology
1.5.1.Primary research
1.5.2.Secondary research
1.5.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key Findings of The Study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key Findings
3.2.1.Top Investment Pockets
3.2.2.Top winning strategies
3.3.Porter's five forces analysis
3.4.Key player positioning 2019
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Growth in exploration and drilling activities for oil around the globe
3.5.1.2.Rise in use of pipes and fittings in end application
3.5.1.3.Growing adoption of stainless-steel pipe spools
3.5.2.Restraints
3.5.2.1.Fluctuation in raw material prices
3.5.2.2.Fluctuation in foreign currencies its influence over profit margins
3.5.3.Opportunity
3.5.3.1.Technological advancement in piping system and piping spool
3.6.Trends in Skid and Modular Piping
3.7.COVID-19 Impact Analysis
3.8.Value chain analysis
CHAPTER 4:GLOBAL PIPING SYSTEM AND PIPING SPOOLS MARKET, BY MATERIAL
4.1.Overview
4.1.1.Market size and forecast, by material
4.2.Stainless steel
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Carbon steel
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Alloy steel
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country
CHAPTER 5:PIPING SYSTEM AND PIPING SPOOLS MARKET, BY END USER
5.1.Overview
5.1.1.Market size and forecast, by end user
5.2.Power plant
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Petroleum refineries
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Offshore, shipbuilding, and marine
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
5.5.Chemical and fertilizers
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country
5.6.Pharmaceuticals
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country
5.7.Others
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country
CHAPTER 6:PIPING SYSTEM AND PIPING SPOOLS MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast, by region
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by material
6.2.3.Market size and forecast, by end user
6.2.4.Market analysis, by country
6.2.4.1.U.S.
6.2.4.1.1.Market size and forecast, by material
6.2.4.1.2.Market size and forecast, by end user
6.2.4.2.Canada
6.2.4.2.1.Market size and forecast, by material
6.2.4.2.2.Market size and forecast, by end user
6.2.4.3.Mexico
6.2.4.3.1.Market size and forecast, by material
6.2.4.3.2.Market size and forecast, by end user
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by material
6.3.3.Market size and forecast, by end user
6.3.4.Market analysis, by country
6.3.4.1.Germany
6.3.4.1.1.Market size and forecast, by material
6.3.4.1.2.Market size and forecast, by end user
6.3.4.2.France
6.3.4.2.1.Market size and forecast, by material
6.3.4.2.2.Market size and forecast, by end user
6.3.4.3.UK
6.3.4.3.1.Market size and forecast, by material
6.3.4.3.2.Market size and forecast, by end user
6.3.4.4.Italy
6.3.4.4.1.Market size and forecast, by material
6.3.4.4.2.Market size and forecast, by end user
6.3.4.5.Rest of Europe
6.3.4.5.1.Market size and forecast, by material
6.3.4.5.2.Market size and forecast, by end user
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by material
6.4.3.Market size and forecast, by end user
6.4.4.Market analysis, by country
6.4.4.1.China
6.4.4.1.1.Market size and forecast, by material
6.4.4.1.2.Market size and forecast, by end user
6.4.4.2.Japan
6.4.4.2.1.Market size and forecast, by material
6.4.4.2.2.Market size and forecast, by end user
6.4.4.3.India
6.4.4.3.1.Market size and forecast, by material
6.4.4.3.2.Market size and forecast, by end user
6.4.4.4.Rest of Asia-Pacific
6.4.4.4.1.Market size and forecast, by material
6.4.4.4.2.Market size and forecast, by end user
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by material
6.5.3.Market size and forecast, by end user
6.5.4.Market analysis, by country
6.5.4.1.Latin America
6.5.4.1.1.Market size and forecast, by material
6.5.4.1.2.Market size and forecast, by end user
6.5.4.2.Middle East
6.5.4.2.1.Market size and forecast, by material
6.5.4.2.2.Market size and forecast, by end user
6.5.4.3.Africa
6.5.4.3.1.Market size and forecast, by material
6.5.4.3.2.Market size and forecast, by end user
CHAPTER 7:COMPANY PROFILES
7.1.DEE DEVELOPMENT ENGINEERS LIMITED (DEE PIPING SYSTEMS)
7.1.1.Company overview
7.1.2.Key executive
7.1.3.Company snapshot
7.1.4.Product portfolio
7.2.METAL FORGE INDIA
7.2.1.Company overview
7.2.2.Key executive
7.2.3.Company snapshot
7.2.4.Product portfolio
7.3.PROSAIC STEEL AND ALLOYS
7.3.1.Company overview
7.3.2.Key Executives
7.3.3.Company snapshot
7.3.4.Product portfolio
7.4.FORTERRA INC. (U.S. PIPE)
7.4.1.Company overview
7.4.2.Key executive
7.4.3.Company snapshot
7.4.4.Operating business segments
7.4.5.Product portfolio
7.4.6.Business performance
7.4.7.Key strategic moves and developments
7.5.COGBILL CONSTRUCTION, LLC
7.5.1.Company overview
7.5.2.Key executive
7.5.3.Company snapshot
7.5.4.Operating business segments
7.5.5.Product portfolio
7.6.CHELPIPE GROUP
7.6.1.Company overview
7.6.2.Key executive
7.6.3.Company snapshot
7.6.4.Operating business segments
7.6.5.Product portfolio
7.6.6.Business performance
7.7.CCI LEIDINGSYSTEMEN B.V.
7.7.1.Company overview
7.7.2.Key executive
7.7.3.Company snapshot
7.7.4.Product portfolio
7.8.YENA ENGINEERING B.V.
7.8.1.Company overview
7.8.2.Key executive
7.8.3.Company snapshot
7.8.4.Product portfolio
7.9.ARABIAN INTERNATIONAL CO. FOR STEEL STRUCTURES (AIC)
7.9.1.Company overview
7.9.2.Key executive
7.9.3.Company snapshot
7.9.4.Product portfolio
7.10.ENKA INSAAT VE SANAYI (CIMTAS PIPE FABRICATION AND TRADING CO. LTD.)
7.10.1.Company overview
7.10.2.Key executive
7.10.3.Company snapshot
7.10.4.Operating business segments
7.10.5.Product portfolio
7.10.6.Business performance
7.10.7.Key strategic moves and developments
7.11.LARSEN & TOUBRO LIMITED (L&T PIPING CENTER)
7.11.1.Company overview
7.11.2.Key executives
7.11.3.Company snapshot
7.11.4.Operating business segments
7.11.5.Product portfolio
7.11.6.Business performance
7.12.SEONGHWA INDUSTRIAL CO LTD
7.12.1.Company overview
7.12.2.Key executive
7.12.3.Company snapshot
7.12.4.Product portfolio
7.13.SUNG IL SIM CO LTD.
7.13.1.Company overview
7.13.2.Key executive
7.13.3.Company snapshot
7.13.4.Product portfolio
LIST OF TABLES
TABLE 01.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 02.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR STAINLESS STEEL, BY REGION 2019–2027 ($MILLION)
TABLE 03.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR CARBON STEEL, BY REGION 2019–2027 ($MILLION)
TABLE 04.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR ALLOY STEEL, BY REGION 2019–2027 ($MILLION)
TABLE 05.GLOBAL PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR OTHERS, BY REGION 2019–2027 ($MILLION)
TABLE 06.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
TABLE 07.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR POWER PLANT, BY REGION, 2019–2027 ($MILLION)
TABLE 08.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR PETROLEUM REFINERIES, BY REGION 2019–2027 ($MILLION)
TABLE 09.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR OFFSHORE, SHIPBUILDING, AND MARINE, BY REGION 2019–2027 ($MILLION)
TABLE 10.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR CHEMICAL AND FERTILIZERS, BY REGION 2019–2027 ($MILLION)
TABLE 11.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR PHARMACEUTICALS, BY REGION 2019–2027 ($MILLION)
TABLE 12.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE FOR OTHERS, BY REGION 2019–2027 ($MILLION)
TABLE 13.PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY REGION 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17.U.S. PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 18.U.S. PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 19.CANADA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 20.CANADA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 21.MEXICO PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 22.MEXICO PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 23.EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 24.EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 25.EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 26.GERMANY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 27.GERMANY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 28.FRANCE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 29.FRANCE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 30.UK PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 31.UK PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 32.ITALY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 33.ITALY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 34.REST OF EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 35.REST OF EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 36.ASIA PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 37.ASIA PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 38.ASIA PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 39.CHINA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 40.CHINA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 41.JAPAN PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 42.JAPAN PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 43.INDIA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 44.INDIA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 45.REST OF ASIA-PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 46.REST OF ASIA-PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 47.LAMEA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 48.LAMEA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 49.LAMEA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 50.LATIN AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 51.LATIN AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 52.MIDDLE EAST PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 53.MIDDLE EAST PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 54.AFRICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 55.AFRICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 56.DEE PIPING SYSTEMS: KEY EXECUTIVE
TABLE 57.DEE PIPING SYSTEMS: COMPANY SNAPSHOT
TABLE 58.DEE PIPING SYSTEMS: PRODUCT PORTFOLIO
TABLE 59.METAL FORGE INDIA: KEY EXECUTIVE
TABLE 60.METAL FORGE INDIA: COMPANY SNAPSHOT
TABLE 61.METAL FORGE INDIA: PRODUCT PORTFOLIO
TABLE 62.PROSAIC STEEL & ALLOYS: KEY EXECUTIVES
TABLE 63.PROSAIC STEEL & ALLOYS: COMPANY SNAPSHOT
TABLE 64.PROSAIC STEEL & ALLOYS: PRODUCT PORTFOLIO
TABLE 65.FORTERRA INC.: KEY EXECUTIVE
TABLE 66.FORTERRA INC.: COMPANY SNAPSHOT
TABLE 67.FORTERRA INC: OPERATING SEGMENTS
TABLE 68.U.S. PIPE: PRODUCT PORTFOLIO
TABLE 69.COGBILL CONSTRUCTION LLC: KEY EXECUTIVE
TABLE 70.COGBILL CONSTRUCTION LLC: COMPANY SNAPSHOT
TABLE 71.COGBILL CONSTRUCTION LLC: OPERATING SEGMENTS
TABLE 72.COGBILL CONSTRUCTION LLC: PRODUCT PORTFOLIO
TABLE 73.CHELPIPE GROUP: KEY EXECUTIVE
TABLE 74.CHELPIPE GROUP: COMPANY SNAPSHOT
TABLE 75.CHELPIPE GROUP: OPERATING SEGMENTS
TABLE 76.CHELIPIE GROUP: PRODUCT PORTFOLIO
TABLE 77.CCI LEIDINGSYSTEMEN B.V.: KEY EXECUTIVE
TABLE 78.CCI LEIDINGSYSTEMEN B.V.: COMPANY SNAPSHOT
TABLE 79.CCI LEIDINGSYSTEMEN B.V.: SERVICE PORTFOLIO
TABLE 80.YENA ENGINEERING B.V.: KEY EXECUTIVE
TABLE 81.YENA ENGINEERING B.V.: COMPANY SNAPSHOT
TABLE 82.YENA ENGINEERING B.V.: SERVICE PORTFOLIO
TABLE 83.ATTIEH STEEL COMPANY LTD: KEY EXECUTIVE
TABLE 84.AIC: COMPANY SNAPSHOT
TABLE 85.AIC: PRODUCT PORTFOLIO
TABLE 86.ENKA: KEY EXECUTIVE
TABLE 87.ENKA: COMPANY SNAPSHOT
TABLE 88.ENKA: OPERATING SEGMENTS
TABLE 89.CIMTAS PIPE: SERVICE PORTFOLIO
TABLE 90.LARSEN TOUBRO: KEY EXECUTIVES
TABLE 91.LARSEN TOUBRO: COMPANY SNAPSHOT
TABLE 92.LARSEN & TOUBRO LIMITED: OPERATING SEGMENTS
TABLE 93.L&T PIPING CENTER: PRODUCT PORTFOLIO
TABLE 94.SEONGHWA INDUSTRIAL CO LTD: KEY EXECUTIVE
TABLE 95.SEONGHWA INDUSTRIAL CO LTD: COMPANY SNAPSHOT
TABLE 96.SEONGHWA INDUSTRIAL CO LTD: PRODUCT PORTFOLIO
TABLE 97.SUNG IL SIM CO LTD: KEY EXECUTIVE
TABLE 98.SUNG IL SIM CO LTD: COMPANY SNAPSHOT
TABLE 99.SUNG IL SIM CO LTD: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020 (%)
FIGURE 07.LOW-TO-LOW BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE-TO-LOW BARGAINING POWER OF BUYERS
FIGURE 09.MODERATE TO LOW THREAT OF SUBSTITUTES
FIGURE 10.LOW TO LOW THREAT OF NEW ENTRANTS
FIGURE 11.LOW TO LOW INTENSITY OF RIVALRY
FIGURE 12.VALUE CHAIN ANALYSIS
FIGURE 13.GLOBAL PIPING SYSTEM AND PIPING SPOOLS MARKET, BY MATERIAL, 2019-2027 (%)
FIGURE 14.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR STAINLESS STEEL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR CARBON STEEL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR ALLOY STEEL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.GLOBAL PIPING SYSTEM AND PIPING SPOOLS MARKET, BY END USER, 2019-2027 (%)
FIGURE 19.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR POWER PLANT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR PETROLEUM REFINERIES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR OFFSHORE, SHIPBUILDING, AND MARINE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR CHEMICAL AND FERTILIZERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR PHARMACEUTICALS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.PIPING SYSTEM AND PIPING SPOOLS MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.GLOBAL PIPING SYSTEM AND PIPING SPOOLS MARKET, BY REGION, 2019-2027
FIGURE 26.U.S. PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 27.CANADA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027($MILLION)
FIGURE 28.MEXICO DEEP HOLE DRILLING MACHINES MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 29.GERMANY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.FRANCE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.UK PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027($MILLION)
FIGURE 32.ITALY PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.REST OF EUROPE PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.CHINA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.JAPAN PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.INDIA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.REST OF ASIA-PACIFIC PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.LATIN AMERICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.MIDDLE EAST PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.AFRICA PIPING SYSTEM AND PIPING SPOOLS MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.FORTERRA INC: REVENUE, 2017–2019 ($MILLION)
FIGURE 42.FORTERRA INC: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 43.FORTERRA INC: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 44.CHELPIPE GROUP: REVENUE, 2017–2019 ($MILLION)
FIGURE 45.CHELPIPE GROUP: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 46.ENKA: REVENUE, 2017–2019 ($MILLION)
FIGURE 47.ENKA: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 48.ENKA: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 49.LARSEN & TOUBRO LIMITED: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.LARSEN & TOUBRO LIMITED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.LARSEN & TOUBRO LIMITED: REVENUE SHARE BY REGION, 2020 (%)
A rise in drilling and exploration of oil and gas is anticipated to fuel the growth of the market. Moreover, rise in use of pipe spools in end-users such as power plant, chemical, and others, are expected to supplement the growth of the market. For instance, in December 2018, L & T Hydrocarbon Engineering, a subsidiary of Larsen & Turbo Limited, constructed a new project named as 3 Gas PDM’S Project in Saudi Arabia. In addition, rise in use of stainless-steel material owing to its robustness and corrosion control, is projected to fuel the growth of the market. On the contrary, high initial capital investment, fluctuation in raw material prices, and availability of substitute products are projected to hamper the growth of the market.
Major players are offering fabricated stainless-steel pipe to the market. For instance, in September 2018, Hebei Haihao Group offered stainless steel pipe and alloy steel pipe spools for construction of belts, and roads. The stainless-steel pipe spools is available in size of 40”. An increase in use of spooling application in the piping system is anticipated to provide lucrative opportunities for the growth of the market. In addition, technological advancement in the piping spools industry is expected to provide lucrative opportunities for the growth of the piping system and piping spools market.
Q1. What is the total market value of global piping system and piping spools market report?
A. The global piping system and piping spools market size was valued at $4,832.5 million in 2019, and is expected to reach $6,035.0 million by 2027, registering a CAGR of 4.5% from 2020 to 2027.
Q2. What would be forecast period in the market report?
A. The forecast period considered for the piping system and piping spools market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.
Q3. Which is base year calculated in the global piping system and piping spools market report?
A. The base year considered in the global piping system and piping spools market is 2019.
Q4. Does the global piping system and piping spools market report provide Value Chain Analysis?
A. The report for global piping system and piping spools market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.
Q5. Which is the most influencing segment growing in the global piping system and piping spools market report?
A. On the basis of material, the stainless-steel segment is expected to be the most influencing segment growing in the global piping system and piping spools market report.
Q6. Which segment holds the maximum market share of the global piping system and piping spools market?
A. Based on the end-user in 2019, the petroleum refineries segment generated the highest revenue, accounting for over 30% of the market, and is projected to grow at a rate of 3.8% from 2020 to 2027.
Q7. How the company profile has been selected?
A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).
Q8. Which is the key market trending in the global piping system and piping spools market?
A. The key trending markets based on the end-users, in the global piping system and piping spools market are, the petroleum refineries segment.
Q9. What are the top market and trends influencing the piping system and piping spools market in Asia-Pacific?
A. Increase in investment in power plant industry in Asia-Pacific is expected to reach $1.5 trillion up to 2030, which is anticipated to cater to the growth of the piping system and piping spools market.
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