The Cold Drawn Seamless Steel Pipes market is expected to grow at a CAGR of 8.0% from 2022 to reach $22.34 billion by 2029. The growth of the cold drawn seamless steel pipes market is mainly attributed to the increasing demand for seamless pipes in the oil & gas sector. In addition, increased offshore spending and new oilfield discoveries are expected to create significant growth opportunities for the players operating in this market. Factors such as volatile raw material prices and lower demand in saturated markets are expected to restrain the growth of this market. However, trade protectionism and the introduction of new substitutes are major challenges to the growth of this market.
Here are Top 10 Companies in the Cold Drawn Seamless Steel Pipes Market
ArcelorMittal S.A. (Luxembourg)
Founded in 2006 and headquartered in Luxembourg, Europe. ArcelorMittal S.A. is the largest steel producer on the African continent., with a production capacity of 7 million tonnes of liquid steel per annum. The company provides a wide range of products, such as hot rolled plates, hot rolled coils, cold rolled coils, galvanized coils, color coils, tinplate coils, and electrogalvanized coils. The company also provides long steel products for various applications, such as fencing, forging, hexagon bars, hollow bars, mining bars, rail, reinforcing bars, round & square bars, special profiles, structural sections, heavy structural sections, window sections, and wire rods.
The company operates through six reportable segments: NAFTA, Brazil, Europe, ACIS, Mining, and Others. The company’s offerings cater to various industries, including agricultural, armament, automotive, bolt & nut, chains, construction, engineering, furniture & appliance, mining, packaging, piping, renewable energy, roofing & cladding, and tubing. Some of the subsidiaries of ArcelorMittal S.A are ArcelorMittal Dofasco (North America), ArcelorMittal South Africa (South Africa), ArcelorMittal Brasil S.A. (Brazil), ArcelorMittal Canada Inc. (Quebec), and JSC ArcelorMittal Temirtau (Europe).
Nippon Steel Corporation (Japan)
Founded in 1950 and headquartered in Tokyo, Japan. Nippon Steel Corporation provides a full range of steel plates, steel sheets, bar and rod materials, structural steel, pipes, and tubes. The company also provides railway, automotive, and machinery parts; and titanium, stainless, and steel slag for various applications, including automotive, energy, infrastructure, and consumer electronics. The company operates through four reportable segments: Steelmaking and Steel Fabrication, System Solutions, Chemicals and Materials, and Engineering and Construction.
Some of the subsidiaries of Nippon Steel Corporation are NS Solutions Corp. (Japan), Nippon Steel & Sumikin Texeng. Co., Ltd. (Japan), Nippon Steel Engineering Co., Ltd. (India), Ovako AB (Europe), and Sanyo Special Steel Co., Ltd. (Japan). With its subsidiaries and strong distribution network, the company its presence across Japan, Asia, the Middle East, Europe, North America, Central/South America, and Africa.
Jindal Saw Ltd. (India)
Founded in 1984 and headquartered in New Delhi, India. Jindal Saw Ltd. is a leading global manufacturer and supplier of iron & steel pipe products, fittings, and accessories. The company has its manufacturing facilities in India, the U.S., Europe, and UAE (MENA). The company categorized its strategic business divisions into welded line pipes (SAW pipes), ductile iron pipes (DI pipes), seamless pipes & tubes (seamless pipes), and mining and pellet divisions. Jindal Saw provides a wide range of products, such as SAW pipes, ductile iron (DI) pipes and fittings, carbon, alloy, stainless steel pipes and tubes, and pellets.
Some of the subsidiaries of Jindal Saw Ltd are Jindal Tubular Ltd. (India), Jindal Fittings Ltd. (India), Jindal Quality Tubular Ltd. (India), IUP Jindal Metals & Alloys Ltd. (India), Jindal ITF Ltd. (India), JITF Shipyards Ltd. (India), Jindal SAW Gulf LLC (UAE), and Jindal SAW USA LLC (U.S.). With its subsidiaries and strong distribution network, the company has its presence in India and other parts of the world.
ISMT Ltd. (Indian Seamless Metal Tubes Limited) (India)
Founded in 1977 and headquartered in Pune, India. ISMT Ltd. provides carbon, alloy, and martensitic stainless-steel bars with a special emphasis on ultra-clean steels, free machining steels, bearing steels, and other specially engineered steel grades. The company operates through two reportable segments: Tube Segment and Steel Segment. The company caters to various industries, including oil & gas, power, construction equipment, automotive & general engineering, and bearings. Some of the subsidiaries of ISME Ltd. are Structo Hydraulics AB (Europe), Tridem Port and Power Company Pvt. Ltd (India), and ISMT Europe AB (Europe).
JFE Holdings, Inc. (Japan)
Founded in 2002 and headquartered in Tokyo, Japan. JFE Holdings, Inc. provides a wide range of products, such as sheets, plates, shapes, pipes & tubes, electrical sheets, stainless steel, steel bars, wire rods, iron powders, titanium, and slag. The company operates through three reportable segments: Steel, Engineering, and Trading. Some of the subsidiaries of JFE Holdings, Inc. are JFE Steel Corporation (Japan), JFE Engineering Corporation (Japan), JFE Shoji Corporation (Japan), and JFE Logistics Corporation (Japan).
“Meticulous Research in its latest publication on global Cold Drawn Seamless Steel Pipes Market has predicted the growth of 8.0% during the forecast year 2022-2029”
Salzgitter AG (Germany)
Founded in 1858 and headquartered in Salzgitter, Germany. Salzgitter AG is one of the leading steel technology companies. It is one of the largest steel producers in Europe and a world market leader in large pipes. The company has state-of-the-art and resource-efficient production facilities in Germany and other countries. The company operates through five reportable segments: Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology.
Some of the subsidiaries of Salzgitter AG are Mannesmann Stainless Tubes GmbH (Europe), EUROPIPE GmbH (Europe), Ilsenburger Grobblech GmbH (Europe), Mannesmann Precision Tubes GmbH (Europe), Mannesmann Line Pipe GmbH (Europe), Peiner Träger GmbH (Europe). With its subsidiaries and strong distribution network, the company its presence across Europe, America, Asia, Africa, Australia /Oceania, and the rest of Europe.
Tenaris S.A. (Luxembourg)
Founded in 2001 and headquartered in Luxembourg, Europe. Tenaris S.A. provides a wide range of products, including seamless and welded steel casings and tubings, cold-drawn pipes, premium joints and coupling, coiled tubings, line pipes, and various other mechanical and structural steel pipes for different end users. The company operates through two reportable segments: Tubes and Others. Some of the subsidiaries of Tenaris S.A are Tubos de Acero de Mexico SA (Mexico), Tenaris Siderca S.A. (Argentina), Algoma Tubes Inc. (Canada), Maverick Tube Corporation (U.S.). With its subsidiaries and strong distribution network, the company has its presence across South America, North America, Asia-Pacific, Europe, and the Middle East & Africa.
U. S. Steel Tubular Products Inc. (a part of United States Steel Corporation) (U.S.)
Founded in 1901 and headquartered in Pennsylvania, U.S., U. S. Steel Tubular Products Inc. is a leading steel producer. U. S. Steel Tubular is a subsidiary of United States Steel Corporation and offers steel tubular products for the oil & gas industry. The company’s oil country tubular goods products (OCTG) category offers a broad range of OCTG products and services, such as OCTG casings and tubings, OCTG steel grades, OCTG connections, OCTG casing & tubing accessories, OCTG casing & tubular services, and rig site services. The company also offers seamless standard and line steel pipe products, high-frequency electric weld (ERW) line pipes and standard products, API 5L line pipes, A106 seamless carbon steel pipes, A252 piling pipes, A53 seamless and welded standard pipes, and A523 cable circuit piping. These products are widely used throughout the energy sector, both upstream and downstream.
The company also offers both seamless and high-frequency electric welded pipes as per specific requirements for applications in exploration and production activities, pipelines, construction, refining, and chemical and petrochemical facilities.
American Piping Products Inc. (U.S.)
Founded in 1994 and headquartered in Missouri, U.S. American Piping Products Inc. is a supplier of carbon, specialty & chrome-moly pipes, tubes, and fittings & flanges used in the processing, energy, manufacturing, fabrication, and construction industries. American Piping provides a wide range of products, such as seamless carbon pipes, low temp pipes, alloy pipes & products, chrome moly pipes, welded pipes, seamless stainless steel pipes, fittings & flanges, and specialty customized products.
The company’s offerings cater to various industries, such as power generation, oil field applications, gas and chemical processing, shipbuilding and pressure vessels, fabrication, and OEM. American Piping Products combines a large inventory and provides value-added services to different industries. The company provides various services, including cutting to length, project management, profiling, testing, beveling, threading, and protective coatings. Through its strong distribution network, the company has its presence across Houston (Texas) and Chicago (Illinois).
Chicago Tube and Iron Company (a part of Olympic Steel, Inc.) (U.S.)
Founded in 1914 and headquartered in Illinois, U.S. Chicago Tube and Iron Company is engaged in the distribution of tubings, pipes, valves, and fittings. In July 2021, Olympic Steel, Inc. (U.S.) acquired all of the outstanding shares of Chicago Tube and Iron Company. The company offers various services, such as coiling, bending (hot/cold process), machining, welding (code/non-code), hydro testing, ASME stamps, swaging, press bending, laser tube processing, and CNC bending. It provides a wide range of products, such as round mechanical tubing, aluminum pipe, tube & bar, square, rectangular & round tubing, carbon steel pipe, hydraulic tubing, valves & fittings, cold finished/hot roll bar, boiler tubing, stainless pipe, tube & bar, and ASME pressure parts.
Amidst this crisis, Meticulous Research® is continuously assessing the impact of the COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here- https://www.meticulousresearch.com/download-sample-report/cp_id=5266
Authoritative Research on the Cold Drawn Seamless Steel Pipes Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
- Impact of COVID-19 on the Cold Drawn Seamless Steel Pipes Market
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
Please download Cold Drawn Seamless Steel Pipes Market report pages and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=5266