What is Global Drawn Over Mandrel (DOM) Steel Pipe Market?
The Global Drawn Over Mandrel (DOM) Steel Pipe Market is a vast and complex industry that plays a crucial role in various sectors worldwide. Drawn Over Mandrel (DOM) Steel Pipes are produced using a unique process that involves drawing a steel tube over a mandrel, a type of shaping tool. This process results in a pipe with a smooth interior and exterior surface, high dimensional accuracy, and excellent mechanical properties. These pipes are widely used in various industries due to their superior strength, durability, and versatility. The global market for these pipes is vast and diverse, encompassing various regions, sectors, and applications.
Carbon Grades, HSLA Grades, Alloy Grades, Others in the Global Drawn Over Mandrel (DOM) Steel Pipe Market:
The Global Drawn Over Mandrel (DOM) Steel Pipe Market is segmented based on different carbon grades, HSLA grades, alloy grades, and others. Each of these segments has its unique characteristics and applications, contributing to the overall growth and diversity of the market. Carbon grades are the most common type of steel used in the production of DOM pipes. They offer excellent strength and durability, making them ideal for various heavy-duty applications. HSLA grades, or High-Strength Low-Alloy grades, are another important segment of the market. These grades offer superior strength-to-weight ratios, making them ideal for applications where weight is a critical factor. Alloy grades are made by adding various elements to the steel, enhancing its properties and making it suitable for specific applications. Other grades include various specialty and custom grades designed to meet specific industry requirements.
Construction and Heavy Equipment, Automotive and Transportation, Agriculture, Infrastructure, Energy, Machinery, Others in the Global Drawn Over Mandrel (DOM) Steel Pipe Market:
The Global Drawn Over Mandrel (DOM) Steel Pipe Market finds extensive usage in various areas such as construction and heavy equipment, automotive and transportation, agriculture, infrastructure, energy, machinery, and others. In the construction and heavy equipment industry, these pipes are used for their strength and durability, making them ideal for various structural and mechanical applications. In the automotive and transportation industry, they are used in the manufacturing of various components due to their high strength-to-weight ratio and excellent formability. In agriculture, they are used in the manufacturing of various equipment and machinery. In the infrastructure sector, these pipes are used in various applications ranging from building structures to pipelines. In the energy sector, they are used in various applications such as oil and gas pipelines and power generation equipment. In the machinery industry, they are used in the manufacturing of various types of machinery and equipment.
Global Drawn Over Mandrel (DOM) Steel Pipe Market Outlook:
According to a recent survey, the Global Drawn Over Mandrel (DOM) Steel Pipe Market is set for significant growth in the coming years. The market, which was valued at US$ 536 million in 2022, is projected to grow to US$ 732.2 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.6% during the period from 2023 to 2029. This growth is driven by various factors, including increasing demand from various end-use industries, technological advancements in the manufacturing process, and the superior properties of DOM steel pipes. The market's growth is also supported by the increasing global demand for steel, the growing construction and infrastructure sectors, and the increasing use of these pipes in various applications.
| Report Metric | Details |
| Report Name | Drawn Over Mandrel (DOM) Steel Pipe Market |
| Accounted market size in 2022 | US$ 536 million |
| Forecasted market size in 2029 | US$ 732.2 million |
| CAGR | 4.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | ArcelorMittal, Plymouth Tube Company, Lapham-Hickey Steel, O'Neal Steel, Salem Steel, TW Metals, Suao Metal, Coremark Metals, Sharon Tube, Karay Metals, River City Specialty Tube, Accu-Tube, PROSANKIN |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
