A pipe without any weld-joint or seam is called a seamless pipe. Seamless pipes finds application where strength, resistance to corrosion, and product life is crucial. A joint in any object is a plane of weakness, which may cause failure of the purpose of that object. In a pipe, weld-joint or seam may cause failure of the pipe (i.e. rupture, burst, collapse etc.) if it is subjected to extreme conditions of temperature, pressure, and chemical reactions. A seamless pipe can withstand high pressure, high temperature, higher mechanical stress, and corrosive atmosphere.

The manufacturing process of seamless pipes involves transformation of raw materials into steel bars, followed by transformation of these steel bars into a mother pipe, manufactured in different types of rolling mills. A seamless steel pipe is made from a solid round steel ‘billet’, which is heated and pushed or pulled over a form until the steel is shaped into a hollow tube. Ultra-high strength and corrosion-resistant properties make the seamless pipe perfect for the oil & gas industry, steam boilers, chemical and other processing industries, pipelines, installation with high and supercritical steam and pressure conditions, etc. In terms of type of manufacturing, the seamless pipe market can be segmented into hot finished seamless pipe, cross-roll piercing & pilger rolling, and nickel & alloys.

A key driver for the seamless pipe market is increase in global demand for fossil fuels. Demand for fossil fuel is higher, which has led to the rise in exploration & production activities in the oil & gas industry. However, the era of easy oil has ended, and oil reserves are being found at greater depths than their historical counterparts. The deeper depths contain hostile environment of high temperature and pressure for the pipes employed during drilling activity. Moreover, innovative technology of directional drilling requires high strength, flexible pipes. All these purposes are served by seamless pipes. Growth of industries such as pharmaceuticals, Chemicals & fertilizers where the usage of chemical processes, boilers is frequent accounts for another driver for seamless pipe market.  The high resistance to corrosive substance being transported through seamless pipe, not only increases the cost-effectiveness but also prevents any leakage due to pipe failure, which may cause undesirable incidences. The current conditions of low crude prices has destabilized the oil & gas industry, posing a major restraint to the seamless pipe market.

The seamless pipe market is estimated to expand, especially in Asia Pacific, due to rapid industrialization and rapid infrastructural development in the region. The industrialization and enhanced infrastructural development involves increased transportation of goods and people, which consumes a lot of energy especially fossil fuels. Middle East & Africa and Latin America are estimated to become lucrative regions due to their noteworthy oil industries. Currently, North America is emerging as a major exporter of fossil fuel through its ‘shale oil’ reserves. Furthermore, North America has a mature chemical industry. Both these factors indicate enhanced opportunity for the seamless pipe market in North America.

Key players involved in designing, manufacturing, and distribution of seamless pipes in the market include D. P. Jindal Group, ArcelorMittal SA, TMK IPSCO, Pearlitesteel, APITCO Limited, Tenaris, JFE Steel Corporation, VALLOUREC, TPCO Enterprise, Inc., ISMT Ltd., Prosaic Steel & Alloys, and Evergreen Seamless Pipes & Tubes Pvt. Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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