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The Europe ERW steel tube market is estimated to grow by USD 11.49 billion at a CAGR of 7.44% between 2023 and 2028. The oil and gas industry has witnessed a significant increase in demand from end-user sectors such as power generation, manufacturing, and transportation. To meet this growing demand, pipeline transportation has emerged as a preferred choice due to its numerous advantages. Pipelines offer a more cost-effective and efficient method of transporting large volumes of oil and gas over long distances compared to other modes like rail or road. Additionally, pipeline infrastructure is less susceptible to disruptions caused by weather or geographical conditions, ensuring a consistent and reliable supply. Furthermore, with the ongoing trend of high energy prices, the economic advantages of pipeline transportation have become increasingly significant. Pipelines offer a more secure and environmentally friendly means of transporting energy resources, making them a preferred choice for businesses and consumers alike.
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The market is pivotal for infrastructural projects across various sectors, including the agriculture industry and oil and gas production. These tubes, available in materials like aluminum pipes and tubes, plastic pipes, and UPVC, serve structural purposes and scaffolding needs. ERW pipe adoption is rising due to its low-cost alternatives compared to seamless tubes. Key considerations include pressure rating, outside diameter, and inside diameter to ensure performance. Advanced options like HDPE, polypropylene, and polyethylene provide rust-free application with anti-corrosion properties, ideal for petrochemicals and other demanding environments. The Department of Agriculture's emphasis on durable, cost-effective solutions further drives the adoption of plastic pipes and aluminum tubes in European construction projects. The Department of Agriculture requires materials with anti-corrosion and rust-free application properties to ensure the longevity and durability of agricultural infrastructure and equipment. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The economic advantages of pipeline transportation in the oil and gas industry are notably driving the market growth. One of the key drivers that go a long way in proving the advantages of pipeline transportation pertains to the economic benefits present. Pipelines are preferred for long-distance oil and gas transportation over other modes due to various reasons such as they are extremely reliable and can operate round-the-clock as there is limited dependence on external factors, can be laid through any terrain and under the sea, need very less maintenance and hence are economical, capable of continuous transportation of a large number of products, and transportation of oil and gas via pipelines costs very less compared to rail transport.
Transporting gas by rail, road, or ship is expensive and requires frequent trips. However, with pipelines, the transportation of oil and gas can be carried out continuously and can be ramped up or shut down at any time. Such factors are expected to increase the demand for ERW steel tubes, which, in turn, is anticipated to drive the growth of the market during the forecast period.
The satellite-based pipeline monitoring systems are an emerging trend in the market. Increasing pipeline projects, with thousands of miles of pipeline currently under construction or in the planning stage, requires efficient monitoring systems. These pipelines traverse difficult terrains, where wired and wireless communication becomes cost-intensive. For the effective and efficient monitoring and management of pipelines in harsh terrain such as mountainous regions, satellite communication is the only available and cost-effective Supervisory Control And Data Acquisition (SCADA) communication option.
For instance, SatSCADA, offered by Bentek Systems, is a satellite-based pipeline remote monitoring SCADA platform. It features satellite-based terminals that are connected to the SATSCADA server via an Inmarsat Satellite Network. The SATSCADA system utilizes the Inmarsat geosynchronous satellite, which provides visibility without the need to reconfigure or recommission the system. Hence, such developments are expected to drive the growth of the market during the forecast period.
The volatile prices of raw materials are major challenges impeding the market. Steel is produced from iron ore using blast furnaces or electric arc furnaces. In the past few years, the prices of iron ore have witnessed major fluctuations, which has negatively affected the prices of crude steel and finished steel products such as steel tubes.
Although the demand for steel tubes is increasing in construction and other industries, the fluctuating prices of raw materials are hampering the market's growth. For instance, steel and aluminium prices reached a record high in April 2022, compared with February 2022. Therefore, the increase in the prices of raw materials is expected to limit the growth of the market in focus during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Ml Tubi - The company offers pipes that are mainly used for application in households, garden furniture, and garden equipment. The key offerings of the company include steel tubes.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the oil and gas segment will be significant during the forecast period. The oil and gas segment by end-user dominated the market in Europe. It is expected to maintain its dominance during the forecast period owing to growing oil and gas projects against rising energy demand.
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The oil and gas segment was valued at USD 10.10 billion in 2018. Governments of different countries across the world are collaborating to carry out various gas pipeline projects. Some of them are the building of the new gas terminals close to the port of Wilhelmshaven in the backdrop of damaged Nord Stream pipelines in Germany, and the development of a gas pipeline across the Pyrenees mountain range, which is a collaboration between Germany and Spain. Such developments and investments are expected to increase the demand for ERW steel tubes, which, in turn, is expected to drive the growth of the Europe electric resistance welded (ERW) steel tube market during the forecast period.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Steel Tubes Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, India, Japan, Germany - Size and Forecast
Europe Carbon Steel Tubes Market: by Product and Application - Forecast and Analysis
Pipe And Tubing Tools Market: Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, Germany, Japan, Russia - Size and Forecast
The market in Europe is essential due to industrialization and population growth, driving demand across sectors like automotive applications and wind turbines. Steel pipes and tubes—including alloy steel, carbon steel, mild steel, black steel, iron steel, and stainless steel—are favored for their anti-corrosion and rust-free application. These properties are crucial for diesel spark plugs, engine block heating, and diesel particulate filters. Meanwhile, plastic pipes and tubes find use in batteries, medical devices, and detergents. With rising construction expenditures and growing need for homes, both plastic and steel pipes cater to diverse needs from propane distribution to tires and automotive applications.
Market Scope |
|
Report Coverage |
Details |
Page number |
163 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.44% |
Market growth 2024-2028 |
USD 11.49 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.4 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ArcelorMittal, bsh Precision Steel Tube Trading GmbH, CELSA GROUP, Ceruti Spa, Chinchurreta Group, Danieli and C. Officine Meccaniche Spa, H. Butting GmbH and Co. KG, Mannesmann Line Pipe GmbH, Ml Tubi, Nippon Steel Corp., OMV Ventura, Seeberger GmbH and Co. KG, Seyame, Siderinox SpA, SMS group GmbH, Soconord Group, Steelimpex Ltd., Tata Steel, Threeway Steel Co. Ltd., and Tubificio del Friuli SpA |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for Market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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