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The marine fire extinguishing system is the safety tool for safeguarding the livelihoods, engine room, gas turbine, propulsion unit, pump and control room, motors and generators, and cargo. Primarily carbon dioxide based marine fire extinguishing system was extensively used for the safety of fire and flame risks, and due to chemical reactions and recent advancements inert gases are used.

The marine fire safety involves the marine fire extinguishing and suppression systems for the protection of engine rooms, machinery space and other marine assets. The deployment of marine fire extinguishing system for rough sea conditions is a challenging scenario. Maintaining the safety of sensitive equipment by using Novec fire suppression system as they do not conduct electricity, non-corrosive, and reduces the damages to sensitive equipment.

The boats and cargo vessels are the driving force for the sales of marine fire extinguishing system globally as they are installed in large number. It is followed by other ships and vessels as the sea transport is gaining traction due to growing population and global trade scenario. The growth of connectivity and online sales channel are also driving the sales of marine fire extinguishing system.

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The global marine fire extinguishing system market is reaching maturity stage in the European and other developed countries such as the U.K., France, Germany, the U.S. and Italy. The driving factor for the marine fire extinguishing system market is it reduces the risks of assets and human with periodic servicing of the marine fire extinguishing system. The market is having a major growth momentum in the Asian countries as the technological advancements in marine fire extinguishing system helps in securing the safety by avoiding flames.

Regional Outlook

The Asian market is the key market place for the global marine fire extinguishing system market. The manufacturers from China are driving the sales of marine fire extinguishing system in the Asian market. Currently, ship and boat manufactures from Asia are the leading end users of marine fire extinguishing system. It is expected that this trend will continue in the forecast period due to increasing trade in countries such as India, Indonesia, Vietnam, Thailand, and Malaysia.

The regulations that are levied to maintain the safety of human labor will drive the installation of marine fire extinguishing system. The safety regulations laid by the European Union is positively impact the growth of marine fire extinguishing system market. The developed economies such as the US, the UK, France, Germany, and Japan are looking for sales of customized boats and yachts which will directly support the installation of marine fire extinguishing system. In addition to that, the growing tourism and fisheries sector will positively drive the adoption of marine fire extinguishing system.

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
• Eastern Europe (Russia, Poland, CIS)
• Asia-Pacific (China, India, ASEAN, South Korea)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

Key Market Participants

Some of the key market participants in the global marine fire extinguishing system market are:

• Asiatic Fire System Pte Ltd.
• Bulbeck Group
• Fire Protection Technologies
• Fireboy-Xintex
• Firetronics
• Gielle
• Global Marine Safety Pte. Ltd.
• Hawk Marine Pte Ltd
• Kidde-Fenwal Inc.
• Marine Fire Safety
• SAFETEC INTERNATIONAL HOLDING PTE LTD
• Sea-Fire
• Tyco

The research report presents a comprehensive assessment of the marine fire extinguishing system market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, material type, temperature range, and end use.

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The global bridge bearings market was valued at US$ 674.33 Mn in 2021, and is likely to reach US$ 705.8 Mn in 2022. The market is projected to reach US$ 935 Mn by 2028, registering a CAGR of 4.8% during the forthcoming forecast period.

The presence of numerous global and regional players has resulted in significant fragmentation of the global bridge bearings market. With the increasing use of bridge bearings in the global construction sector, market participants are concentrating their efforts in the early stages of product development.

Future Market Insights’ new report examines the global bridge bearings market’s growth trajectory over a six-year period, from 2022 to 2028, and sheds light on the current market structure and key strategies employed by the leading market players.

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Future Market Insights’ Recommendations for Market Players

The report reveals that China is currently the most prominent regional market for bridge bearings. Growth in the production of steel in China has led to increasing demand for bridge bearings and this demand is anticipated to remain on an upward swing in the coming decade.

Increasing investments in transportation infrastructure in the countries of Latin America and Middle East & Africa is further expected to lead to a surge in sales of bridge bearings in these two regional markets. With manufacturers of bridge bearings looking to expand strategically across key regional markets, Future Market Insights recommends key players to pump in investments in the developing markets of China, MEA, and Latin America.

Mergers and acquisitions are a key strategy adopted by market players, and according to Future Market Insights’ analysis, M&A activities in developing markets will help manufacturers of bridge bearings expand their product offerings.

Boost in Governmental Investments Towards Global Infrastructure Projects and Growth in Construction Activities to Create Lucrative Opportunities for Manufacturers of Bridge Bearings

Rapid urbanisation at the global level has led to a burgeoning expansion of the construction sector across the world. Governments of both developing and developed economies are greenlighting multiple construction and infrastructural projects to strengthen commercial and transportation infrastructure development. This is anticipated to boost global demand for bridge bearings in the construction sector.

Further, a growing demand among the population in China, Europe, U.S, and the Middle East for amusement parks, luxury sports venues, and other leisure activity establishments is fuelling revenue growth of the bridge bearings market. Manufacturers of bridge bearings will witness sustained growth in future if they leverage the numerous opportunities created in the global market and enhance their product portfolio.

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Emergence of Global Bridge Preservation Partnerships and Increasing Use of Neoprene Elastomeric Bridge Bearings Trending the Bridge Bearings Market

One of the trends observed in the bridge bearings market is the emergence of several partnerships at the global level to maintain the integrity of existing as well as new bridges. The main objective of these collaborations is to reduce/delay/prevent deterioration of bridges, restore the core functionalities, and maintain the bridge structure in good condition to ensure enhanced performance spanning several years.

The American Association of State Highway and Transportation Officials (AASHTO) is involved in the R&D of advanced tools and methodologies to extend bridge life through preservation treatments and construction best practices. This association further promotes the use of seismic force resistant products such as bridge bearings in the U.S. The Europe based National Cooperative Highway Research Program – in partnership with the AASHTO – focuses on bridge evaluation and the necessary quality control checks.

Key Segments Covered in the Bridge Bearings Industry Study

Bridge Bearings by Material Type:

• Steel Bridge Bearings
• Rubber and Combined Bridge Bearings

Bridge Bearings by Design Type:

• Elastomeric Bridge Bearings
• Pot Bridge Bearings
• Sliding Plate Bridge Bearings
• Roller Bridge Bearings
• Spherical Bridge Bearings
• Disc Bridge Bearings
• Other Bridge Bearings

Bridge Bearings by Region:

• North America Bridge Bearings Market
• Latin America Bridge Bearings Market
• Europe Bridge Bearings Market
• South Asia and Pacific Bridge Bearings Market
• East Asia Bridge Bearings Market
• Middle East and Africa Bridge Bearings Market

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Submersible pump is a type of centrifugal pump which operates, while completely submerged in the liquid and dredge pumps used to transport of underwater sediments from one region to another. Moreover submersible dredge pumps are defined as the compact multifunctional dredging pumps, dedicated to slurry transport. Submersible dredge pumps are either powered by the hydraulic or electric motor.

Submersible dredge pumps are employed for a number of tasks, including the placement of floating objects, the removal of floating water, the supply of water, and the removal of solids. These pumps make cost-effective dredging possible in any situation involving water depth.

Due to the fact that the economies of many European nations are based on agriculture, there is a high demand for submersible dredge pumps. Due to the significant demand for submersible dredge pumps in the industrial sector, countries in Latin America and the Middle East are anticipated to continue experiencing positive growth over the forecast period. Japan’s submersible dredge pump market is anticipated to expand gradually during the forecast period.

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Regional outlook

Asia pacific is expected to hold major share in submersible dredge pumps market. Rising industrialization coupled with the hefty investment in infrastructure activities deliver positive growth outlook for the submersible dredge pumps market in Asia pacific region. Developing countries such as India, China and ANZ and others have gone through the high demand in industrial sector and agriculture sector for submersible dredge pumps. Europe followed by North America is estimated to deliver sustainable growth for submersible dredge pumps market over the coming years.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Submersible Dredge Pumps market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Submersible Dredge Pumps market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Submersible Dredge Pumps market report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Dynamics

Demand from several end use sectors is expected to fuel the growth of submersible pumps market. Oil industry and municipal sector are considered as the primary users of submersible dredge pumps owing to draining or removal of water and wastewater generated in these areas. Another prominent are of end use for submersible dredge pumps is its use in industrial process involving production of chemicals with a significant rate of demand and subsequent growth expected in the forecast period.

Affordable cost of operation is also a key criteria for the end users for employment of submersible dredge pumps. Incidentally, the regulations related to waste and effluent management has also helped the growth of submersible dredge pumps. However, the high cost of the submersible dredge pumps compared to the conventional ones and other factors such as cost incurred in case of motor failure may constrain submersible dredge pumps market growth, yet for the long term use, submersible dredge pumps would be preferred by the respective end users.

The opportunity of submersible dredge pumps growth in the upcoming years also lies from the potential demand from construction and civic infrastructure industry which has witnessed a notable growth in the last decade where the requirement of water drainage can be addressed by submersible dredge pumps.

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Key Market Players

Examples of some of the market participants in the global submersible dredge pumps market identified across the value chain include

• Damen Dredging Equipment
• General Electric
• Grundfos Pumps
• Halliburton
• Schlumberger Limited
• Ebara Pumps Europe S.p.A.
• Falcon Pumps
• Flowserve Corporation
• Kirloskar Brothers
• KSB
• Lishen Pumps
• Ruhrpumpsen Group
• Shengli Pumps
• The Weir Group
• Walrus America
• Pentair plc.
• WILO SE

The Submersible Dredge Pumps research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Submersible Dredge Pumps research report provides analysis and information according to market segments such as geographies, application, and industry.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The deep fryer machine is an equipment with deep pan used to deep frying the food. Deep frying is a cooking method in which food is submerged in a hot fat. Deep fryer machine is used for cooking fast food and making them crisper. The deep fryer machine features a basket to raise the food clear from the oil when finished cooking.

Additionally, the deep fryer machine have an oil filter to extend the usable life of oil, ventilation system to reduce frying odors and mechanical & electronic temperature controls. Furthermore, the deep fryer machine has an adjustable thermostat and its oil capacity depends on the size of the deep fryer pan.

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Furthermore, the deep frying machine is categorized into two categories such as electric deep fryer and gas deep fryer. Gas deep fryer machine heat up more quickly than its counterpart i.e. electric fryers. Gas deep fryer machine is powered by either propane or natural gas, both of them are less expensive energy sources than the electricity.

In the commercial application, the deep fryer machine is used in the hotels and restaurants for the crispy and quick food cooking. Moreover, the commercial deep fryer machine is designed with a wide array of the accessories such as fryer batteries with multiple fryers, filtration system, and holding stations; all of them arranged to make a large floor deep fryer machine.

Regional outlook

The Asia Pacific is expected to witness substantial demand for the deep fryer machine owing to growing food and beverages industry in India and China. In India and China, the demand of crispy food and advanced technology for reducing time to perform the different task during food preparation is projected to drive the deep fryer machine market over the forecast period. Europe is estimated to account for significant share in the market of the deep fryer machine owing to the flourishing processed food market in the region.

North America is further expected to witness considerable growth of the deep fryer machine owing to growing demand for packaged food, nutrition food, and baked food in the near future.

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

In developing countries such as China, India, and other ASEAN countries, the food and beverage industry is growing significantly owing to change in food habits which is expected to enhance the demand of the deep fryer machine over the forecast period. Moreover, the electric deep fryer features such as easy to clean, economical cost, and high production are estimated to drive the demand of the electric deep fryer machine for the commercial as well as residential application.

However, the inappropriate use of the deep fryer machine creates a fire risk. Moreover, the deep fryer machine require much oil to fry the food thus increasing the health-related issues and cost of the food. The above mentioned factors are further estimated to hamper the market growth over the forecast period.

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Market participants

Some of the market participants involved in the Deep fryer machine market are:

• Middleby Corporation.
• Admiral Craft Equipment Corporation
• Standex International Corporation
• Avantco Equipment
• Globe food equipment co.
• SKYLINE HOME APPLIANCES
• AKASA
• Henny Penny
• FRYMASTER
• Welbilt
• Sunrry Machinery Technology Co., Ltd
• Cool Bite Technology
• MVP Group Corporation
• Sammic S.L.
• Waring Commercial
• Huayu

The research report on deep fryer machine market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on deep fryer machine market provides analysis and information according to market segments such as geographies, application, and industry.

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global storm water cleaning services market is expected to be worth $4,752.4 million in 2032. Storm water cleaning services are in high demand due to their critical role in preserving the health of lakes, streams, and aquatic life. They also help people by preserving the hydrologic cycle.

According to FMI, the Global Storm Water Cleaning Services market is expected to be valued at US$ 3,369.08 Mn in 2022 and to grow at a CAGR of 3.5% from 2022 to 2032.

The providers of stormwater cleaning services also provide additional services like mapping, location, filter cleaning, video inspection & monitoring, pipe cleaning, oil-water separator cleaning, and others.

Because these contaminants can contaminate drinking water, it is critical to remove or clean hydrocarbons, trash, oil, and sediment on a regular basis. Stormwater cleaning service providers help with visual site inspections, pipe inspections, replacing and removing worn-out filters, sediment cleaning, and debris removal from storm drains.

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Root cutting of pipelines, removal of large debris, and excavating sewer and water main breaks are among the stormwater cleaning services that help to reduce safety risks, environmental risks, and costs associated with back-filing excavations.

Storm Water Cleaning Services Market: Region-wise Outlook:

North America is estimated to witness relatively steady growth in the global stormwater cleaning services market, owing to stringent government regulations, increasing spending, and growing awareness among end-users for these resources. Furthermore, Europe is expected to register substantial growth over the forecast period in the global stormwater cleaning services market, due to an increase in urbanization, the presence of global companies, and ever-growing awareness.

The Asia Pacific, with increasing construction and urbanization, is further estimated to register substantial growth in the stormwater cleaning services market during the forecast period. Moreover, increasing services and maintenance for storm cleaning across the Middle East & Africa, and Latin America are expected to further fuel the global stormwater cleaning services market.

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The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Storm Water Cleaning Services Market: Market Participants:

Some of the market participants involved in the global stormwater cleaning services market are:

• STORM WATER SERVICES
• Stormwater Maintenance, LLC (SWM)
• Northwest Stormwater Management, LLC
• SWIMS
• DBi Services
• SR&R Environmental, Inc.
• Hydro International
• Ecosol Pty Ltd
• Clean Water Services
• RIVER CITY ENVIRONMENTAL, Inc.
• John’s Sewer & Drain Cleaning

Storm Water Cleaning Services Market: Dynamics:

Different patterns of urban areas lead to interrupted hydrological cycles, inhibited filtration, and peak and higher surface runoff volume flow, primarily due to the higher share of impermeable surfaces such as parking spaces, roads, sidewalks, and others. These peak flows cause stormwater to reach sewage systems quickly in large volumes, and periodically require stormwater cleaning services.

Furthermore, the insufficient capacity of the combined sewage systems collecting sewage and stormwater for handling excess water, thus causing pollution, is further estimated to drive the demand for the stormwater cleaning services market during the forecast period. Growing urbanization, increasing investments by governments across developed nations to resolve these issues, and environmental concerns with natural source conservation programs are further expected to drive the global market for stormwater cleaning services over the forecast period.

However, inefficient command and control regulations owing to the difficulty in customizing and differences at plot level and relatively more expensive to monitor are expected to hamper the growth of the global stormwater cleaning services market during the forecast period.

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Hitter-based hand tools includes hitting and striking hand tools, such as hammers, axes, mallets, shovels and crowbars. Growing demand in households coupled with increasing number of do-it yourself (DIY) activities is augmenting the global sales of hitter based hand tools. As per a recent study by Future Market Insights (FMI), the hitter-based hand tools market is anticipated to grow at a moderate pace over the forecast period of 2018-2028.

The U.S hitter-based hand tools market is estimated to stand at a market valuation of US$ 687.1 Mn by 2028, registering a CAGR of 3.3% during the forecast period (2018 – 2028). FMI has specifically studied the U.S market for hitter-based hand tools, in the wake of increasing construction and DIY activities in the region. Also, various drivers, trends, restraints, and opportunities have been analyzed, that are likely to further shape the global hitter-based hand tools market, in the next ten years.

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A highly Consolidated U.S Hitter-Based Hand Tools Market to Gain from Product Innovation

The market for hitter-based hand tools is highly consolidated and the key players are focusing on acquisitions and expansions to enhance their market share. Additionally, incessant competition between tool manufacturers is likely to restrict the growth of the hand tools market to some extent. Research also suggests that increased automation in production process will displace the market for hitter-based and tools. Future Market Insights predicts that the aforementioned factors may dampen U.S revenue growth of the hitter-based hand tools market in the coming years.

Key players in the U.S hitter-based hand tools market have been channelizing efforts towards strengthening their distribution channels while also focusing on online sales of hand tools by signing agreements with different online portals, as consumers are more likely to buy hitter-based hand tools through online channels, owing to the growing consumer preference towards ecommerce. Manufacturers are also focusing on new product innovation with greater efficiency and easy maintenance qualities. Top manufacturers of hitter-based hand tools in the U.S market are Stanley Black & Decker Inc, Apex Tool Group LLC, Snap-on Incorporated, Vaughan & Bushnell Manufacturing, and Estwing Manufacturing Company, Inc.

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DIY and Landscaping Activities to Boost Hitter-Based Hand Tools Adoption in the U.S

The U.S market has witnessed increased investment in the housing sector that, in turn led to the development of related sectors including infrastructure, transportation, energy, and related maintenance services—all requiring hand tools. Moreover, the demand for landscaping in residential and commercial areas, to provide an aesthetic appeal, has also contributed to the sales of hitter-based hand tools. Overall home improvement and maintenance and gardening activities by people in the U.S, has augmented the adoption of hitter-based hand tools. Leveraging the changing consumer preferences, manufacturers are focusing on providing compact, portable, and cost-efficient tool solutions to household users.

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Across U.S, Shovels are the Most Preferred Hitter-Based Hand Tool

Shovels are anticipated to register robust growth during the second half of the forecast period owing to growing demand for gardening and DIY applications, occupying close to 40% market share. Likewise, higher sales of hammers in the U.S can be attributed to the growing demand for hitter-based hand tools from end-use sectors such as construction, woodworking & framing, manufacturing & fitting, household & DIY and rescue management.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global steel pipe market is projected to reach a value of US$ 1,51,905 Mn by 2032, with the market growing at a steady CAGR of 5.4% from 2022 to 2032. In 2022, the target market is expected to reach US$ 90,122 Mn. The surge in oil & gas production to cater to the demands of the transportation industry will aid the growth of the steel pipe market during the forecast period.

The oil and gas sector is one of the major growth drivers of the target market as steel pipes and tubes find their major usage in this industry. Steel pipes are utilized to transport gas and liquid in the oil and gas sector which supplements the growth of the target market. Most commonly, alloy steel and carbon steel are used in the production of steel pipes. Owing to this, many manufacturers are considerate of the raw material prices and have reserved suppliers who offer cost benefits to their target consumer base.

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The properties of steel pipes such as resistance to corrosion and high levels of reliability play a crucial role in its rising global demand. These inherent characteristics of steel pipes make it a preferred choice for a variety of construction projects, such as the building of homes and companies. Furthermore, steel pipes are gaining increasing usage in industrial settings which boosts their market prospects. Also, these steel pipes cost less than traditional pipes and tubing which amplifies the demand for steel pipes in the global market. All of these factors work together to create an environment of growth for the steel pipes market during the forecast period.

“Rising industrial applications coupled with high demand from oil & gas and construction industries will likely propel the global growth of the steel pipe market over the forecast period,” says an FMI analyst.  

Key Takeaways:

• The advancing construction sector will strengthen market prospects for the steel pipe industry.
• High transportation costs will hamper the growth of the target market.
• In 2022, the oil & gas application segment will account for over 51% of the global revenue share.
• Most essential steel pipe markets are present in the United States, China, and India.
• North America holds about 28.3% of the overall steel pipe market share.
• Favorable government measures will drive the steel pipe market in Brazil.

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Competitive Landscape 

American Cast Iron Pipe Company, Baosteel Group Corporation, Evraz Plc, Nippon Steel & Sumitomo Metal Corporation, JFE Holdings Corporation, Hyundai Steel Company, TMK Group, United States Steel, Tata Iron and Steel, VALLOUREC, and Nucor Corporation among others are some of the major players in the steel pipe market profiled in the full version of the report.

Key market players are keen on providing high-quality products with the help of enhanced technologies. These businesses are focused on improving their operational efficiency and inventory management, increasing consumer satisfaction, and raising their profit margins by adopting new technologies. Mergers and new product releases are some other strategies that these participants employ to gain a competitive edge.

More Insights into Steel Pipe Market Report

In its latest report, FMI offers an unbiased analysis of the global steel pipe market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of material type (carbon steel, alloy steel, stainless steel, tool steel), application (automotive industry, construction & mining, textile machinery, chemicals, pharmaceuticals, energy industries, refinery petrochemicals, oil & gas processing, water treatment facilities), and region.

According to the latest FMI reports, based on segmentation, the oil and gas application segment will be a major contributor to the overall growth of the steel pipe market. This segment is predicted to account for over 51% of the revenue share. The oil and gas application segment will be followed by the construction industry in terms of the contribution to the overall steel pipe market growth.

Based on region, the steel pipe market in North America will account for a 28.3% share of the global market. With the presence of one of the major steel pipe markets in the United States, this region is expected to demonstrate significant growth during 2022-2032. Heightened demand for steel pipes in the power plant sector, the vehicle industry, and the oil and gas industry will bolster the sales of the steel pipe market in this region. Other countries like China, Brazil, Canada, and India will also exhibit notable growth in the steel pipe market over the forecast period.

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Key segments

By Material Type:

• Carbon Steel
• Alloy Steel
• Stainless Steel
• Tool Steel

By Application:

• Automotive industry
• Construction and mining
• Textile Machinery
• Chemicals
• Pharmaceuticals
• Energy industries
• Refinery Petrochemicals
• Oil and Gas Processing
• Water treatment facilities

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

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A new market research report by Future Market Insights on the refrigeration and air conditioning compressors market includes global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the refrigeration and air conditioning compressors market and provides critical insights for the forecast period of 2022-2029.