Clad Pipe Market to Witness Substantial Growth with Rapid Adoption in Oil and Gas Industries

Published on : Dec 03, 2018

Albany, New York, December 3, 2018: Owing to unfavorable work conditions such as high levels of corrosiveness, high pressure and extreme wear, prevalent across oil and gas industry as well as petrochemical industry, need for clad pipes remains indispensable to attain functional efficiency and durability of pipes. Consistent spike in demands for oil and gas, besides economic viability of clad pipes are acknowledged as a major growth initiator for clad pipe market. Market Research Hub (MRH) in its recent report addition titled, 'Clad Pipe Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028' gauges recent market advances and their reciprocal implications on holistic growth of clad pipe market.

Hot Rolling and Internal Plasma Welding: Trending technologies in Clad Pipe Market

To offer superlative offerings, manufacturers in clad pipe market are encouraged to invest massively in thorough R&D initiatives to attain novel clad metals that have a promising threshold on corrosion. Additionally, leading market players are also aimed at employing sophisticated cladding technologies for enhanced output. One of the most frequently applied cladding technologies is hot rolling method that enables economical production at a mega scale. Additionally, internal plasma welding system aids in formation of superior quality clad pipes which exhibit high corrosion tolerance and durability.

Metallurgical Bonded Type Clad Pipe to Accentuate Market Growth

Elaborate research findings documented in the report allow readers to gauge through various market developments that influence growth in clad pipe market. The report commences with a market definition and executive summary. Further in the course of the report readers are presented with elaborate understanding on market dynamics comprising market trends, drivers, and restraints, also featuring an opportunity assessment to encourage lucrative business decisions. To enhance readers’ perspectives about prevailing market spectrum, this section of the report also collates crucial details on market segments. Type, grade, outer diameter, and wall thickness are accounted as major segments. Based on type, clad pipe market demonstrates metallurgical bonded, mechanically lines, and weld overlay as major segments. In terms of grade, clad pipe market is diversified into 316, 625, and 825 amongst others. In terms of outer diameter, clad pipe market is split into 4-12 inch, 12-24 inch, 24-48 inch, 48-60 inch, 60-120 inch. Based on thickness clad pipe market is fragmented into 3-6mm, 6-18mm, 18-36mm, 36-60mm, and 60-120mm.

Western Europe and MEA Likely to Remain Dominant Regional Markets

Additionally, the report also included vital statistical data on regional expanse of clad pipe market, based on which Eastern and Western Europe, North America, Latin America, Japan, China, India, South East Asia and Pacific, and Middle East and Africa are recognized as dominant regional belts in clad pipe market.

Competitive Landscape: Clad Pipe Market

Based on crucial research postulates articulated in this section of the report, readers are enabled to attain vital information on competitive landscape, comprising key players, their revenue streams, key strategies, and recent developments such as product launch, strategic mergers and acquisitions. Key players identified in clad pipe market include, Eisenbau Krmer GmbH, EEW Group, Proclad Group, Inox Tech, NobelClad, and Tenaris SA amongst others.

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