Home >> News >> Clad Pipe Market is set to grow with a CAGR of more than 5.8% during 2019-2026| Credence Research

Clad Pipe Market is set to grow with a CAGR of more than 5.8% during 2019-2026| Credence Research

The overall-clad pipe market worldwide is expected to grow with a CAGR of more than 5.8 percent over the forecast period from 2019 to 2027, starting from US$ 2.25 billion in 2018.

According to a new market research report published by Credence Research “Global Clad Pipe Market- Growth, Future Prospects and Competitive Analysis, 2019 – 2027“, the overall-clad pipe market worldwide is set to grow with a CAGR of more than 5.8% during the forecast period from 2019 to 2027, starting from US$ 2.25 Bn in 2018.

Market Insights

Globally, in the industrial sector, there is increasing demand for lightweight, strong and corrosion-resistant material that would help simplify the working process. Specifically, in the oil and gas industry, the clad pipes are highly used to survive the high-pressure and high-temperature environment. Most of the manufacturing, oil, and gas, and mining industries face corrosion problems, due to the flow of heavy chemicals and gases. This has mainly driven attention of the industries towards clad pipes.

Browse the full report at https://www.credenceresearch.com/report/clad-pipe-market

Furthermore, rapid development in the oil and gas industry, increasing demand for petrochemical components, growing demand for lightweight and corrosion-resistant material, and changing manufacturing sector are some of the additional factors driving the growth of clad pipe market across the globe. However, the high cost of these pipes and critical manufacturing process are some of the factors hampering the growth of this market during the forecast period.

Based on type, metallurgical bonded clad pipes hold the maximum market share in the global clad pipe market. These pipes are highly adopted based on the advantages associated with it. Its features such as small wall thickness, durability and strength, lightweight and cost-saving material attract the industry users. Additionally, based on its properties, its adoption is also high and thus dominates the market by generating the largest revenue in the global clad pipe market.

Based on geography, North America dominated the market by holding the largest market share. Presence of manufacturers and high investment in the oil and gas industry are some of the factors associated with this huge market. However, Europe, Asia-Pacific and Middle Eastern countries are likely to witness the fastest growth during the forecast period. Mainly, the developing countries offer lucrative growth opportunities for offshore activities, hence are suitable for players to invest. This high growth is attributed to factors such as growth oil and gas industry, increasing demand for petrochemical substances, the increasing amount of offshore activities, and growing investment in the development and advancement of manufacturing processes. Moreover, major players in the oil and gas industry are investing in some of the European countries and other countries such as China, South Africa, and UAE. This increasing investment also drives the market for clad pipes in these regions.

Some of the major companies profiled in the report include NobelClad, Japan Steel Works, Proclad, Tenaris SA, Inox Tech, Eisenbau Kramer, IODS Pipe Clad Ltd, EEW Group, BUTTING Group, Gieminox Tectubi Raccordi S.R.L., Cladtek Holdings Pte Ltd, Canadoil Group Ltd, Guangzhou Pearl River Petroleum Steel Pipe, Precision Castparts Corp, and Jiuli Group among others.

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ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
…………

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Clap Pipe Market Value, 2017 – 2027, (US$ Mn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Clap Pipe Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Clap Pipe Market Analysis, by Type, 2017 – 2027 (US$ Mn)
4.1 Overview
4.2 Metallurgical Bonded
4.3 Mechanically Lined
4.4 Weld Overlay

Chapter 5 Global Clap Pipe Market Analysis, by Wall Thickness, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 3-6 mm
5.3 6-18 mm
5.4 18-36 mm
5.5 36-60 mm
5.6 60-120 mm

Chapter 6 Global Clap Pipe Market Analysis, by Grade, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 316
6.3 625
6.4 825
6.5 Others

Chapter 7 Global Clap Pipe Market Analysis, by Outer Diameter , 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 4-12 Inch
7.3 12-24 Inch
7.4 24-48 Inch
7.5 48-60 Inch
7.6 60-120 Inch

Chapter 8 North America Clap Pipe Market Analysis, 2017 – 2027 (US$ Mn)
……….

Chapter 9 Europe Clap Pipe Market Analysis, 2017 – 2027 (US$ Mn)
………..

Chapter 10 Asia Pacific Clap Pipe Market Analysis, 2017 – 2027 (US$ Mn)
………..

Chapter 11 Rest of the World (RoW)Clap Pipe Market Analysis, 2017 – 2027 (US$ Mn)
………….

Chapter 12 Company Profiles
12.1 Proclad, Tenaris SA
12.2 Inox Tech
12.3 Eisenbau Kramer
12.4 IODS Pipe Clad Ltd
12.5 EEW Group
12.6 BUTTING Group
12.7 Gieminox Tectubi Raccordi S.R.L.
12.8 Cladtek Holdings Pte Ltd
12.9 Canadoil Group Ltd
12.10 Guangzhou Pearl River Petroleum Steel Pipe
12.11 Precision Castparts Corp
12.12 Jiuli Groupamong
……………..toc continued

Browse the full report at https://www.credenceresearch.com/report/clad-pipe-market

Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Clad Pipe market specific to key segments, and regional segmentation.

a.            Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Clad Pipe market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Clad Pipe market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Clad Pipe market study.

b.            Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

The participants tracked for primary interviews include:

•             Marketing/product managers

•             Vice President/ CEOs

•             National sales managers

•             Market intelligence managers

•             Distributors

•             Purchasing managers

•             Other stakeholders

Key questions answered in this report

What was the market size of clad pipe in 2018 and forecast up to 2027?
Which is the largest regional market for the services segment?
What are the major trends followed in clad pipe market across different regions?
Who are the key clad pipe companies leading the market?
What are the key strategies adopted by the leading clad pipe companies in market?

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