Water and Gas Supply Needs Drives Demand for Continuous Welded Pipes and Tubes, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on the Continuous Welded Pipes and Tubes markets. Global market for Continuous Welded Pipes and Tubes is projected to reach 24.2 million tons by 2018, driven by the sustained need to address the global gas and water supply needs.

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Continuous Welded Pipes and Tubes: A Global Strategic Business Report

San Jose, California (PRWEB) February 13, 2013

Follow us on LinkedIn – As the dynamics of the steel pipes and industry are closely linked to the trends in the construction, oil and gas, and infrastructure development projects, prevailing economic conditions play a major role in determining the pace and extent of demand for steel pipes and tubes. While the year 2011 registered strong demand for steel pipes and tubes globally, growth slowed down in early 2012 due to reduced orders from construction, automotive, and mechanical engineering sectors although energy sector registered strong rise in demand for steel tubes. Manufacturers offering tubes for grid-bound media transports market are likely to benefit from long-term measures for providing water and energy supply.

Continuous welded pipes, referring to small diameter products manufactured using continuous welding process, are primarily utilized for supply of water and gas at lower costs and higher productivity. Continuous welded pipes are considered as the lowest cost variants among all steel pipes, and find use in structural applications, plumbing applications, and other low pressure applications. Mills involved in producing continuous butt welded pipes are generally specialists in manufacturing on a mass scale, primarily to address the needs of gas and water supply. In these applications, low cost and high productivity hold huge significance. Over the years, changing scenario in the general piping markets has led to a slowdown in the production of continuous butt welded pipes. This has raised the demand for improving quality as well as cost to address newer market segments. Focus is also on the development of multi-functional pipe products that facilitate in protecting the environment. Efforts in these areas have led to the development of low-temperature butt welding technology, while process mechanization is enabling improvement in manpower efficiency.

As stated by the new market research report on Continuous Welded Pipes and Tubes, rapid increase in infrastructure facilities across the emerging markets is propelling demand for continuous steel pipes and tubes. Asia-Pacific represents the largest market for continuous welded pipes and tubes. With rapid population growth, particularly across developing regions, many cities are facing over burdening infrastructure demand. With the existing water systems unable to meet the requirements of the rising urban growth, demand for water-transmission pipes is rising rapidly as cities build their systems. Within Asia-Pacific, India and China are lucrative markets given the huge investments being pumped into infrastructure development and water and gas pipeline construction activity. India is witnessing continuous rise in investments from public and private sectors for the development of pipeline infrastructure to supply water supply and to address needs of the irrigation sector.

Global market for steel pipes and tubes is highly fragmented and intensely competitive. Major players profiled in the report include ChelPipe, JFE Steel Corporation, Nippon Steel & Sumitomo Metal Corporation, and Wheatland Tube Company.

The research report titled “Continuous Welded Pipes and Tubes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East, and Latin America.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Continuous_Welded_Pipes_and_Tubes_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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