What is Global Longitudinal Submerged Arc Welded Pipe (LSAW) Market?
The Global Longitudinal Submerged Arc Welded Pipe (LSAW) Market is a vast and complex industry that plays a crucial role in various sectors worldwide. These pipes are primarily used in the oil and gas industry, but their applications extend to water, construction, chemical industry, and others. The LSAW pipes are manufactured using a specific welding technique known as Submerged Arc Welding (SAW). This process involves the formation of an arc between a continuously fed electrode and the workpiece. The heat generated by this arc melts the workpiece and forms a weld. The global LSAW market is a significant contributor to the world economy, with its value standing at US$ 12920 million in 2022. The market is projected to reach US$ 15070 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.2% from 2023 to 2029. Europe holds the second-largest market share, accounting for 25% of the global consumption.
JCOE Process, UOE Process, Other in the Global Longitudinal Submerged Arc Welded Pipe (LSAW) Market:
The manufacturing process of LSAW pipes involves three primary methods: JCOE Process, UOE Process, and Others. The JCOE process, named after its forming method (J-shape, C-shape, O-shape, and Expansion), is a popular method for producing large-diameter, heavy-wall LSAW pipes. The UOE process, on the other hand, involves U-ing and O-ing the pipe, followed by mechanical expansion. The 'Others' category includes methods like the Roll Bending (RB) process, which involves multiple forming stages to achieve the desired pipe diameter and wall thickness. Each of these processes has its advantages and disadvantages, and the choice of method depends on the specific requirements of the application.
Oil & Gas, Water, Construction, Chemical Industry, Other in the Global Longitudinal Submerged Arc Welded Pipe (LSAW) Market:
LSAW pipes are widely used in various sectors due to their high strength, durability, and resistance to harsh environmental conditions. In the oil and gas industry, these pipes are used for long-distance transportation of crude oil and natural gas. They are also used in the construction of offshore platforms and oil wells. In the water sector, LSAW pipes are used for water supply and sewage systems due to their high corrosion resistance and ability to withstand high pressure. In the construction industry, these pipes are used in the structural framework of buildings and bridges. In the chemical industry, LSAW pipes are used for the transportation of chemicals and other corrosive substances. The 'Other' category includes applications in sectors like power generation, shipbuilding, and automotive.
Global Longitudinal Submerged Arc Welded Pipe (LSAW) Market Outlook:
The global Longitudinal Submerged Arc Welded Pipe (LSAW) market has shown a steady growth trend, with its value standing at US$ 12920 million in 2022. The market is projected to reach US$ 15070 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.2% from 2023 to 2029. Europe is a significant player in the global LSAW market, holding the second-largest market share with 25% of the global consumption. This growth can be attributed to the increasing demand for LSAW pipes in various sectors, including oil and gas, water, construction, and chemical industry. The market's growth is also driven by technological advancements in the manufacturing process of LSAW pipes, which have improved their quality and efficiency.
| Report Metric | Details |
| Report Name | Longitudinal Submerged Arc Welded Pipe (LSAW) Market |
| Accounted market size in 2022 | US$ 12920 in million |
| Forecasted market size in 2029 | US$ 15070 million |
| CAGR | 2.2% |
| 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 | EUROPIPE GMBH, OMK, ChelPipe Group, Nippon Steel, EEW Group, JFE Steel Corporation, Jindal Saw, Borusan Mannesmann, SEVERSTAL, TMK, JSW Steel Ltd, Welspun Group, Arcelormittal, Arabian Pipes Company, Jiangsu Yulong Steel Pipe Co, Cangzhou Steel Pipe Group, Panyu Chu Kong Steel Pipe, Baoji Petroleum Steel Pipe, Kingland & Pipeline Technol-ogies, Shengli Oil & Gas Pipe |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
