What is Global Drawn Over Mandrel (DOM) Tubing Market?
The Global Drawn Over Mandrel (DOM) Tubing Market is a specialized sector within the broader steel industry. DOM tubing is a high-quality steel tube that is processed through a unique method. The tube is first electric resistance welded (ERW), then drawn over a mandrel to create a precise finish and diameter. This process enhances the physical properties of the tube, providing a sturdier and more durable product that is used in a variety of industries. The global market for this product is substantial and continues to grow as industries recognize the benefits of using DOM tubing over other types of steel tubing.
Carbon Grades, HSLA Grades, Alloy Grades, Others in the Global Drawn Over Mandrel (DOM) Tubing Market:
The Global Drawn Over Mandrel (DOM) Tubing Market is segmented into various grades, including Carbon Grades, HSLA Grades, Alloy Grades, and Others. Each grade has its unique properties and uses. Carbon Grades are the most common and are used in a variety of applications due to their strength and versatility. HSLA Grades, or High-Strength Low-Alloy grades, are used when a combination of high strength and excellent formability is needed. Alloy Grades are used when specific physical properties are required, such as high strength or resistance to heat or corrosion. The Others category includes a variety of specialized grades for specific applications. Each grade plays a crucial role in the market, catering to the needs of different industries.
Construction and Heavy Equipment, Automotive and Transportation, Agriculture, Infrastructure, Energy, Machinery, Others in the Global Drawn Over Mandrel (DOM) Tubing Market:
The Global Drawn Over Mandrel (DOM) Tubing Market finds its application in several areas including Construction and Heavy Equipment, Automotive and Transportation, Agriculture, Infrastructure, Energy, and Machinery among others. In the Construction and Heavy Equipment industry, DOM tubing is used for its strength and durability. In the Automotive and Transportation industry, it is used in the manufacturing of parts and components due to its precision and quality. The Agriculture industry uses DOM tubing in the production of farming equipment. In Infrastructure, it is used in the construction of buildings and bridges. The Energy sector uses it in the production of oil and gas pipelines, while the Machinery industry uses it in the manufacturing of various machines. Each industry has its unique requirements, and DOM tubing caters to these needs effectively.
Global Drawn Over Mandrel (DOM) Tubing Market Outlook:
The future of the Global Drawn Over Mandrel (DOM) Tubing Market looks promising, as per a recent survey. The market, which was valued at US$ 536 million in 2022, is expected to grow to US$ 732.2 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.6% from 2023 to 2029. This growth is driven by the increasing demand for high-quality, durable, and precise steel tubing across various industries. The unique properties of DOM tubing, such as its strength, durability, and precision, make it a preferred choice for many industries, thereby driving its market growth.
| Report Metric | Details |
| Report Name | Drawn Over Mandrel (DOM) Tubing 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 |
