Global Americas Steel Pipes Market By Material (Carbon Steel, Alloy Steel, Stainless Steel), By Design (Seamless, Welded), By End Use (Construction, Mining, Municipal Water Supply and Treatment Utilities, Industrial), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Steel pipes are cylindrical steel tubes that are utilized in a variety of manufacturing and infrastructure applications. They are the steel industry's most commonly used product. The pipe is mostly used to transfer liquid or gas underground, such as oil, gas, and water. Pipes of various sizes are, nonetheless, employed in manufacturing and construction. Structures, transportation, and manufacturing all employ the use of steel pipes.

Steel pipes can be found in several areas of application. They are utilized underground to transmit water and gas around cities and villages because of their sturdiness. They're also used to shield electrical wires in construction. Steel pipes are durable, yet they can also be light.

Hence, they're ideal for making bicycle frames. Automobiles, refrigeration equipment, heating & plumbing systems, flagpoles, and street lighting, are just a few other examples of where they might be used.

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Detailed Segmentation –

Based on Material Type:

• Carbon Steel
• Alloy Steel
• Stainless Steel

Based on Design:

• Seamless
• Welded

Based on End Use:

• Construction
• Mining
• Municipal Water Supply and Treatment Utilities
• Industrial

Market Dynamics –

Drivers for the Steel Pipes Market of Americas:

Steel pipes are popular in the automotive, construction, and mining industries because of their excellent performance and durability, as well as their wide range of uses. Corrosion difficulties in carbon steel pipes, as well as the resulting need for replacements of older pipelines, would help this market expand by boosting its residential and non-residential applications. Additional advantages like hardness, temperature resistance, ductility, and lower maintenance costs will also help to sustain this market in the years to come.

Restraints for the Steel Pipes Market of Americas:

The high installation costs associated with steel pipes act as a barrier for improved adoption rates. Irrespective of this installation costs, the actual price of the pipes are relatively cheaper. As such, alternative pipe materials such as plastic and iron are expected to face stiff competition in the steel pipe market of the Americas. Additionally, the diameter of steel pipes are limited as the cost for lengthier pipes tends to increase its cost significantly, thereby limiting the field of applicability for manufacturers. These factors are expected to negatively impact the long-term growth potential of the steel pipe industry.

Opportunities for the Steel Pipes Market of Americas:

A steel pipe's capacity to withstand a wide temperature range and to transport toxic substances, a well as their weldability, high strength, low corrosion, and high tensile strength, are critical for onshore and offshore operations, providing profitable potential for steel pipe manufacturers.

Trends for the Steel Pipes Market of Americas:

Carbon steel, alloy steel, and stainless steel are the three main materials that are used to make steel pipes. Carbon steel pipes are in high demand owing to their advantageous physical and chemical properties, such as resistance to corrosion shocks, low environmental effects, and a minimal need for preparation before use.

Competitive Landscape –

• American Cast Iron Pipe Company
• Baosteel Group Corporation
• Evraz Plc
• Nippon Steel & Sumitomo Metal Corporation
• JFE Holdings Corporation
• Hyundai Steel Company
• TMK Group
• United States Steel
• Tata Iron and Steel
• VALLOUREC
• Nucor Corporation
• Zekelman Industries

Recent Developments:

• ArcelorMittal has sold its U.S. assets to Cleveland Cliffs Inc. for a valuation of roughly 1.4 billion. The company recently announced plans to open a new electric arc furnace facility in Calvert, Alabama, which will include hot-dip galvanizing lines.
• Gerdau S/A has announced the reopening of operations at its Ouro Branco factory in Minas Gerias, which will add 1.5 million tons of capacity yearly.

For the Americas Steel Pipes Market research study, the following years have been considered to estimate the market size: