Seamless Pipes and Tubes: Market Research Report

December 2018 | 275 pages | ID: SD448EAAB1EEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Seamless Pipes and Tubes in Thousand Tons. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 169 companies including many key and niche players such as -

• ArcelorMittal SA
• ChelPipe
• EVRAZ North America
• JFE Steel Corporation
• Jindal SAW Ltd.
• Maharashtra Seamless Limited

Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
Seamless Pipes and Tubes

2. INDUSTRY OVERVIEW

Seamless Pipes – A Market Summary
Industry Outlook
Recent Past Perspective
Seamless Pipes Production Scenario

Table 1. Global Seamless Tubes Production by Geographic Region (2017): Percentage Share Breakdown of Production Output (includes corresponding Graph/Chart)

3. SEAMLESS PIPES IN OIL & GAS SECTOR

Oil & Gas – A Major Market for Seamless Pipes
E & P Spending to Remain a Strong Growth Driver

Table 2. Global Oil & Gas E&P Industry Spending (2011-2018P) (includes corresponding Graph/Chart)

Resurgence in Drilling Activity Boosts Demand for OCTG Pipes

Table 3. World Average Rig Count by Region: 2018 (Jan-April) (includes corresponding Graph/Chart)

Table 4. World Average Rig Count by Region (2013-2017) (includes corresponding Graph/Chart)

Table 5. Global Rig Count by Region (2017): Percentage Share Breakdown of Average Rig Count (includes corresponding Graph/Chart)

Oil Prices – A Review

Table 6. Global Crude Oil (Brent, & WTI) Price Trends (2011-2018E) (in US$/barrel) (includes corresponding Graph/Chart)

Table 7. Oil Supply/Demand Balance (2013-1Q2018) (includes corresponding Graph/Chart)

Unconventional Oil & Gas Resources Drive Demand for High Grade OCTG Products
Deep Water Drilling and Opportunities Ahead

Table 8. Global Oil Production: Percentage Breakdown of Production by Onshore, Offshore, and Offshore Deep Water Activity for Years 2010 & 2016 (includes corresponding Graph/Chart)

Tough Operating Environments Drive Demand for High Quality Line Pipes
Horizontal Drilling Benefits Demand
Shale Gas Exploration Triggers Demand for High Strength Pipes

Table 9. Technically Recoverable Shale Gas Resource (in tcf) by Country (includes corresponding Graph/Chart)

4. INDUSTRIAL SEAMLESS PIPES

Improving Prospects in Manufacturing Sector to Support Growth

Table 10. World Real GDP Growth Rates (in %) by Country/Region for the Years 2017 to 2019 (includes corresponding Graph/Chart)

Table 11. Global Manufacturing Purchasing Managers' Index (PMI) for the Years 2013 through 2018 (January) (includes corresponding Graph/Chart)

Machinery Sector – An Important Market for Seamless Tubes
High Performance Steel Grades Gain Importance in Machinery
Automotive Industry Drives Growth

Table 12. Global Production of Passenger Cars (in Million Units) for the Years 2017, 2020 & 2024 (includes corresponding Graph/Chart)

Power Generation – A Growing Market

Table 13. Global Energy Production: Percentage Share Breakdown of Production Volume by Energy Source - Oil, Gas, Coal, Nuclear, Hydroelectricity & Renewables for Years 1990, 2000, 2015 & 2035 (includes corresponding Graph/Chart)

Seamless Tubes in Industrial Boilers
Seamless Tubes in Utility Boilers
Growth in the Construction Sector to Benefit Demand

Table 14. Global Construction Output by Country (2022): Breakdown of Construction Output (US$ Billion) and Percentage Change over 2018-2022 (includes corresponding Graph/Chart)

Infrastructure Needs Fuel Demand for High Strength Tubes

Table 15. Global Infrastructure Spending (2013-2020) (includes corresponding Graph/Chart)

Table 16. Global Infrastructure Spending Estimates by Sector (2017-2040) (in US$ Trillion)

5. PRODUCT OVERVIEW

Seamless Pipes & Tubes: An Introduction
A Glance at the Production Process
Seamless Pipes - From Raw Material to Finished Product
Stages of Seamless Pipes & Tubes Production Process
Oil Country Tubular Goods (OCTG)
Line Pipes
Key End-Use Markets
Oil & Gas
Machinery Sector
Petrochemical Industry
Automotive Industry
Power Generation
Seamless Tubes in Industrial Boilers
Construction Industry

6. COMPETITIVE LANDSCAPE

A Concentrated Market

Table 17. Leading Producers in the Global Seamless Pipes Market (2017E): Percentage Share Breakdown of Production Capacity by Company (includes corresponding Graph/Chart)

Table 18. Leading Players in the Global Seamless Pipes Market (2017): Percentage Share Breakdown of Volume Shipment for Tenaris, TMK, Vallourec, and Others (includes corresponding Graph/Chart)

6.1 Focus on Select Players
ArcelorMittal SA (Luxembourg)
ChelPipe (Russia)
EVRAZ North America (USA)
JFE Steel Corporation (Japan)
Jindal SAW Ltd. (India)
Maharashtra Seamless Limited (India)
Nippon Steel & Sumitomo Metal Corporation (Japan)
PAO TMK (Russia)

TMK IPSCO (USA)

Techint Group SpA (Italy)
Tenaris S. A. (Luxembourg)
TenarisSiderca (Siderca S. A. I. C. ) (Argentina)
Tianjin Pipe (Group) Corporation (China)
UMW Group (Malaysia)
United States Steel Corporation (USA)
Vallourec & Mannesmann Tubes (France)
Wheatland Tube Company (USA)
6.2 Recent Industry Activity
Vallourec and Interpipe Enter into Partnership to Produce non-OCTG Carbon Seamless Tubes
Vallourec Signs New Contracts with Petrobras to Supply Premium Seamless OCTG Pipes
TMK Commissions New Integrated Heat Treatment Line for Seamless pipes
Tenaris Opens New Seamless Pipe Mill in Texas
JFE Steel Completes Deployment of OCTG Pipes in PETRONAS Gas Field
Tubacex Introduces Stainless Steel Seamless Pipes

7. GLOBAL MARKET PERSPECTIVE

Table 19. World Recent Past, Current and Future Analysis for Seamless Pipes and Tubes by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 20. World Historic Review for Seamless Pipes and Tubes by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 21. World 14-Year Perspective for Seamless Pipes and Tubes by Geographic Region - Percentage Breakdown of Annual Consumption for US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

8. REGIONAL MARKET PERSPECTIVE

8.1 The United States
A. Market Analysis
Current & Future Analysis
Improvement in Rig Activity Peps the Demand for OCTG Seamless Pipes

Table 22. US Crude Oil Production (2010-2019P) (in Mbpd)) (includes corresponding Graph/Chart)

Table 23. US Monthly Rig Count – 2018 (January–April) (includes corresponding Graph/Chart)

Table 24. Oil and Gas Drilling Rigs Count in the US (2011-2018): Breakdown of Average Number of Rigs for Oil Rigs, Gas Rigs, and Others (includes corresponding Graph/Chart)

Table 25. Oil and Gas Drilling Rigs Count in the US (2011-2017): Percentage Breakdown of Number of Rigs for Land-Based Rigs and Offshore Rigs (includes corresponding Graph/Chart)

Table 26. Oil and Gas Drilling Rigs Count in the US (2011-2017): Percentage Share Breakdown of Average Number of Rigs for Directional Rigs, Horizontal Rigs, and Vertical Rigs (includes corresponding Graph/Chart)

Growing Complexity of Drilling Activity Holds Opportunities for OCTG Tubes

Table 27. Conventional Vs. Unconventional Shale Gas Drilling in North America

Table 28. The US OCTG Consumption Per Rig 2013 -2017 (includes corresponding Graph/Chart)

Shale Plays Bring in a Transformation in Energy Mix
Manufacturers Focus on Value Added Products for Shale Plays

Table 29. The US Shale Industry: Oil Production by Select Basins (includes corresponding Graph/Chart)

Table 30. Share of Shale Oil in Total US Oil Production (2017) (includes corresponding Graph/Chart)

ERW Pipes Pose Competition

Table 31. Domestic Production of OCTG Pipes: Percentage Share Breakdown by Type, Welded & Seamless (includes corresponding Graph/Chart)

Potential in the Replacement Market
Automobile Industry Opens Prospects
Improvement in Manufacturing Sector Drives Demand
Construction Industry – A Review
Competitive Landscape
OCTG Price Scenario

Table 32. The US OCTG Seamless Pipes Price Trends (2013-2017) (includes corresponding Graph/Chart)

B. Market Analytics

Table 33. The US Recent Past, Current and Future Analysis for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 34. The US Historic Review for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

8.2 Canada
A. Market Analysis
Current & Future Analysis
Oil & Gas Industry – A Review

Table 35. Canadian Monthly Rig Count - 2018 (Jan-April) (includes corresponding Graph/Chart)

B. Market Analytics

Table 36. Canadian Recent Past, Current and Future Analysis for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 37. Canadian Historic Review for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

8.3 Japan
A. Market Analysis
Seamless Pipes & Tubes Market: An Insight
B. Market Analytics

Table 38. Japanese Recent Past, Current and Future Analysis for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 39. Japanese Historic Review for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

8.4 Europe
A. Market Analysis
Seamless Tubes Market in Europe: A Review
EU Extends Anti-Dumping Duties on Stainless Steel Seamless Pipes and Tubes from China
Review of Select Markets
The United Kingdom
Market Overview
Seamless Pipes and Tubes Prospects
Russia
Seamless Pipes Market Overview
Bottoming out of the Construction Sector to Lend Growth
Seamless OCTG Pipes & Tubes Market

Table 40. Crude Oil Production in Russia (2015-2017) (In Million Barrels Per Day) (includes corresponding Graph/Chart)

Table 41. Total Drilling Volumes in Russia (2013-2017) (In Million Meters) (includes corresponding Graph/Chart)

Table 42. Drilling Activity in Russia (2011-2017) (in Km/day) (includes corresponding Graph/Chart)

Table 43. Drilling Activity in Russia (2011-2017): Percentage Breakdown by Horizontal Drilling vs. Vertical Drilling (includes corresponding Graph/Chart)

Demand for Premium Products on Rise
Rise in Drilling Complexity Drives Demand for High-Value Products
Opportunities from Exploration of Untapped Oil & Gas Reserves
Greenfield Oil Projects to Boost Demand for Line Pipes

Table 44. Oil Production in Russia (2012 & 2027): Percentage Share Breakdown of Production Volume by Brownfield and Greenfield Projects (includes corresponding Graph/Chart)

Competitive Landscape

Table 45. Leading Manufacturers of Seamless Pipes in Russia (2017): Percentage Share Breakdown of Sales for TMK, ChelPipe, and Others (includes corresponding Graph/Chart)

Table 46. Leading Manufacturers of Seamless OCTG Pipes in Russia (2017): Percentage Share Breakdown by Volume for TMK, ChelPipe, and Others (includes corresponding Graph/Chart)

Table 47. Leading Manufacturers of Seamless Line Pipes in Russia (2017): Percentage Share Breakdown by Volume for TMK, ChelPipe, and Others (includes corresponding Graph/Chart)

B. Market Analytics

Table 48. European Recent Past, Current and Future Analysis for Seamless Pipes and Tubes by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 49. European Historic Review for Seamless Pipes and Tubes by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 50. European 14-Year Perspective for Seamless Pipes and Tubes by Geographic Region - Percentage Breakdown of Annual Consumption for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

8.5 Asia-Pacific
A. Market Analysis
Outlook
Oil and Gas Industry – A Review
Review of Select Markets
China
Steel Pipes and Tubes Industry in China
Seamless Pipes & Tubes Market
Production Scenario

Table 51. Chinese Seamless Pipes Production Steel Pipes Market (2017): Percentage Share Breakdown of Production Volume for Welded Pipes and Seamless Pipes (includes corresponding Graph/Chart)

Automotive Industry Spurs Demand for Seamless Tubes
Anti-Dumping Regulations & Chinese Exports
India
Steel Pipes Market – An Overview
Seamless Pipes & Tubes
Power Plants – An Expanding Market for Seamless Pipes
Automobile Sector – A Growing Market for Seamless Pipes
Changing Construction Trends: Putting the Seamless Pipes Market in Overdrive
Indian Manufacturers Focus on Overseas Markets
Competitive Landscape

Table 52. Leading Players in the Indian Seamless Pipes and Tubes Market by Capacity (2017) (includes corresponding Graph/Chart)

Anti-Dumping Duties on Chinese Imports to Safeguard Domestic Manufacturer Interests

Table 53. Seamless Pipes Imports to India: Percentage Share of Chinese Imports (2011-2014) (includes corresponding Graph/Chart)

B. Market Analytics

Table 54. Asia-Pacific Recent Past, Current and Future Analysis for Seamless Pipes and Tubes by Geographic Region - China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 55. Asia-Pacific Historic Review for Seamless Pipes and Tubes by Geographic Region - China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 56. Asia-Pacific 14-Year Perspective for Seamless Pipes and Tubes by Geographic Region - Percentage Breakdown of Annual Consumption for China, India, South Korea, and Rest of Asia-Pacific Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

8.6 Middle East & Africa
A. Market Analysis
Outlook
Market Overview
OCTG Seamless Pipes
Industrial Sector
Competition

Table 57. Middle East Tubular Assets Market (2015): Percentage Breakdown of Share by Company (includes corresponding Graph/Chart)

B. Market Analytics

Table 58. Middle East & Africa Recent Past, Current and Future Analysis for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 59. Middle East & Africa Historic Review for Seamless Pipes and Tubes Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

8.7 Latin America
A. Market Analysis
Market Overview
Oil and Gas Industry Shows Improved Prospects

Table 60. Rig Count in Latin America (2018 1Q & 2017 1Q) (includes corresponding Graph/Chart)

Table 61. Average Rig Count in Latin America (2011-2017) (includes corresponding Graph/Chart)

Table 62. Proven Crude Oil Reserves in Latin America by Country (includes corresponding Graph/Chart)

B. Market Analytics

Table 63. Latin American Recent Past, Current and Future Analysis for Seamless Pipes and Tubes by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 64. Latin American Historic Review for Seamless Pipes and Tubes by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Consumption Figures in Thousand Tons for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 65. Latin American 14-Year Perspective for Seamless Pipes and Tubes by Geographic Region - Percentage Breakdown of Annual Consumption for Brazil and Rest of Latin America Markets for Years 2011, 2018 & 2024 (includes corresponding Graph/Chart)

9. COMPANY PROFILES

Total Companies Profiled: 169 (including Divisions/Subsidiaries - 199)
The United States (27)
Canada (4)
Japan (7)
Europe (78)
  France (5)
  Germany (16)
  The United Kingdom (7)
  Italy (6)
  Spain (6)
  Rest of Europe (38)
Asia-Pacific (Excluding Japan) (75)
Latin America (5)
Africa (3)