[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Carbon Steel Pipe Fittings Market Size, Share & Trends Analysis Report, By Application (Oil & Gas, Construction & Infrastructure, Industrial), By Region, And Segment Forecasts, 2022 - 2030

August 2022 | 80 pages | ID: C1BD289E2AFBEN
Grand View Research, Inc.

US$ 5,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 8 Business Days

Carbon Steel Pipe Fittings Market Growth & Trends

The global carbon steel pipe fittings market size is expected to reach USD 10.39 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. Moderate oil & gas exploration activities along with the rise in demand for petrochemical products are expected to assist the market growth. `

Investments associated with oil & gas exploration activities are expected to boost the demand for carbon steel pipe fittings in transportation and storage applications. For instance, In May 2022, Oil & Natural Gas Corporation (ONGC) announced an investment of USD 4.00 billion for exploration activities over the next 4 years. This is an increase of 150% in exploration expenditure compared to USD 2.70 billion from 2019 to 2022.

Investments in water infrastructure in emerging countries such as India are anticipated to drive demand for carbon steel fittings during the forecast period.In 2019, the Government of India announcedan investment of USD 270 billion over the next 15 years for the expansion of water infrastructure. The projects under this investment include Namami Gange, river-linking, piped water supply, and Pradhan Mantri Krishi Sichai Yojna.

Demand for fittings in hydro and other energy plants is also anticipated to boost the market growth in the long run. For instance, as reported by International Energy Agency (IEA), India is set to add around 26,000 megawatts (MW) of hydropower facilities by 2030. The installed capacity of hydropower projects was 46,209 MW as of July 2021. Financial aids for infrastructure expansion and flood control are likely to benefit the expansion of such facilities.

Investments in chemical production industries are anticipated to benefit the demand for carbon steel pipe fittings market during the forecast year. For instance, in October 2021, Sabic, a Saudi Arabia-based petrochemical company announced the investment of USD 1.00 billion at its Teesside plant. The company aims to reduce 60% of its carbon footprint through this project and wants to strengthen its position as the lowest carbon-emitting crackers.

Carbon Steel Pipe Fittings Market Report Highlights
  • In terms of revenue, the oil & gas segment is projected to register the highest CAGR of 4.8% from 2022 to 2030. Investments in exploration activities are projected to boost the market growth
  • Industrial held as the second largest segment and accounted for a volume share of over 38.0% in 2021. The carbon steel fittings demand in heating, ventilation, air-conditioning, plumbing, and other applications is projected to benefit the market growth in the long run.
  • The construction & infrastructure segment is projected to witness lucrative growth over the coming years mainly due to steel pipes & fittings demand in water transportation & storage, sanitation, and filtration infrastructure
  • The Asia Pacific was the largest regional market in 2021, in terms of both volume and revenue. The growth of the region is led by the rising focus of Chinese and Indian companies to expand their footprint in petrochemicals and oil & gas industries
  • In terms of volume, North America accounted for the second-largest market share in 2021. The growth of the region is attributable to the rising focus on investments associated with nuclear and hydro energy projects.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Segmental Outlook
2.2. Competitive Outlook

CHAPTER 3. CARBON STEEL PIPE FITTINGS MARKET VARIABLES, TRENDS & SCOPE

3.1. Global Carbon Steel Pipe Fittings Market Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Raw Material Outlook
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Market Dynamics
  3.6.1. Market Driver Analysis
  3.6.2. Market Restraint Analysis
  3.6.3. Industry Challenges
3.7. Porter’s Five Forces Analysis
  3.7.1. Supplier Power
  3.7.2. Buyer Power
  3.7.3. Substitution Threat
  3.7.4. Threat from New Entrant
  3.7.5. Competitive Rivalry
3.8. PESTEL Analysis
  3.8.1. Political Landscape
  3.8.2. Economic Landscape
  3.8.3. Social Landscape
  3.8.4. Technological Landscape
  3.8.5. Environmental Landscape
  3.8.6. Legal Landscape

CHAPTER 4. CARBON STEEL PIPE FITTINGS MARKET: APPLICATION OUTLOOK ESTIMATES & FORECASTS

4.1. Carbon Steel Pipe Fittings Market: Application Movement Analysis, 2021 & 2030
4.2. Oil & Gas
  4.2.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
4.3. Chemicals & Petrochemicals
  4.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
4.4. Construction & Infrastructure
  4.4.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
4.5. Industrial
  4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)

CHAPTER 5. CARBON STEEL PIPE FITTINGS MARKET REGIONAL OUTLOOK ESTIMATES & FORECASTS

5.1. Regional Snapshot
5.2. Carbon Steel Pipe Fittings Market: Regional Movement Analysis, 2021 & 2030
5.3. North America
  5.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
  5.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.3.3. U.S.
    5.3.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.3.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
5.4. Europe
  5.4.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
  5.4.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.4.3. Germany
    5.4.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.4.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.4.4. Russia
    5.4.4.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.4.4.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.4.5. Turkey
    5.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.4.5.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
5.5. Asia Pacific
  5.5.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
  5.5.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.5.3. China
    5.5.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.5.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.5.4. India
    5.5.4.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.5.4.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.5.5. Japan
    5.5.5.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.5.5.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
5.6. Central & South America
  5.6.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
  5.6.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.6.3. Brazil
    5.6.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.6.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
5.7. Middle East & Africa
  5.7.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
  5.7.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)
  5.7.3. Iran
    5.7.3.1. Market estimates and forecast, 2017 - 2030 (USD Million) (Kilotons)
    5.7.3.2. Market estimates and forecast, by application, 2017 - 2030 (USD Million) (Kilotons)

CHAPTER 6. COMPETITIVE ANALYSIS

6.1. Key Players & Recent Developments & Their Impact on The Industry
6.2. Company Categorization (Market Leaders, Emerging Players, Key Innovators)
6.3. Vendor Landscape
  6.3.1. List of Raw Material Suppliers, Distributors, and Other Prominent Manufacturers

CHAPTER 7. COMPANY PROFILES

7.1. AWAJI MATERIA CO., LTD.
  7.1.1. Company Overview
  7.1.2. Financial Performance
  7.1.3. Product Benchmarking
  7.1.4. Strategic Initiatives
7.2. Bassi Luigi & C. S.p.A
  7.2.1. Company Overview
  7.2.2. Financial Performance
  7.2.3. Product Benchmarking
  7.2.4. Strategic Initiatives
7.3. Delcorte
  7.3.1. Company Overview
  7.3.2. Financial Performance
  7.3.3. Product Benchmarking
  7.3.4. Strategic Initiatives
7.4. Erne Fittings GmbH
  7.4.1. Company Overview
  7.4.2. Financial Performance
  7.4.3. Product Benchmarking
  7.4.4. Strategic Initiatives
7.5. M.E.G.A. S.p.A.
  7.5.1. Company Overview
  7.5.2. Financial Performance
  7.5.3. Product Benchmarking
  7.5.4. Strategic Initiatives
7.6. PARKER HANNIFIN CORP
  7.6.1. Company Overview
  7.6.2. Financial Performance
  7.6.3. Product Benchmarking
  7.6.4. Strategic Initiatives
7.7. S.S.E. Pipefittings Limited
  7.7.1. Company Overview
  7.7.2. Financial Performance
  7.7.3. Product Benchmarking
  7.7.4. Strategic Initiatives
7.8. SBC BEND CO., LTD
  7.8.1. Company Overview
  7.8.2. Financial Performance
  7.8.3. Product Benchmarking
  7.8.4. Strategic Initiatives
7.9. SUNGKWANG BEND CO., LTD.
  7.9.1. Company Overview
  7.9.2. Financial Performance
  7.9.3. Product Benchmarking
  7.9.4. Strategic Initiatives
7.10. Thai Benkan Co., Ltd
  7.10.1. Company Overview
  7.10.2. Financial Performance
  7.10.3. Product Benchmarking
  7.10.4. Strategic Initiatives
LIST OF TABLES

Table 1. Carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 2. Carbon steel pipe fittings market estimates and forecasts, in oil & gas, 2017 - 2030 (USD Million) (Kilotons)
Table 3. Carbon steel pipe fittings market estimates and forecasts, in chemicals & petrochemicals, 2017 - 2030 (USD Million) (Kilotons)
Table 4. Carbon steel pipe fittings market estimates and forecasts, in construction & infrastructure, 2017 - 2030 (USD Million) (Kilotons)
Table 5. Carbon steel pipe fittings market estimates and forecasts, in industrial, 2017 - 2030 (USD Million) (Kilotons)
Table 6. North America carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 7. North America carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 8. North America carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 9. U.S. carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 10. U.S. carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 11. U.S. carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 12. Europe carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 13. Europe carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 14. Europe carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 15. Germany carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 16. Germany carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 17. Germany carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 18. Russia carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 19. Russia carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 20. Russia carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 21. Turkey carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 22. Turkey carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 23. Turkey carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 24. Asia Pacific carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 25. Asia Pacific carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 26. Asia Pacific carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 27. China carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 28. China carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 29. China carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 30. Japan carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 31. Japan carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 32. Japan carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 33. India carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 34. India carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 35. India carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 36. Central & South America carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 37. Central & South America carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 38. Central & South America carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 39. Brazil carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 40. Brazil carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 41. Brazil carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 42. Middle East & Africa carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 43. Middle East & Africa carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 44. Middle East & Africa carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 45. Iran carbon steel pipe fittings market estimates and forecasts, 2017 - 2030 (USD Million) (Kilotons)
Table 46. Iran carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 47. Iran carbon steel pipe fittings market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
LIST OF FIGURES

Fig 1. Carbon steel pipe fittings market segmentation
Fig 2. Information procurement
Fig 3. Primary research pattern
Fig 4. Primary research process
Fig 5. Primary research approaches
Fig 6. Carbon steel pipe fittings market - Segmental outlook
Fig 7. Carbon steel pipe fittings market, 2017 - 2030 (USD Million) (Kilotons)
Fig 8. Penetration & growth prospect mapping
Fig 9. Carbon steel pipe fittings market - Value chain analysis
Fig 10. Market driver analysis
Fig 11. Market restraint analysis
Fig 12. Carbon steel pipe fittings market: Application movement analysis, 2021 & 2030 (%)
Fig 13. Carbon steel pipe fittings market: Regional snapshot
Fig 14. Carbon steel pipe fittings market: Regional movement analysis, 2021 & 2030 (%)


More Publications