ERW steel tube market in Europe to grow by USD 8.52 billion from 2022 and 2027; Growth driven by economic advantages of pipeline transportation in the oil and gas industry - Technavio

NEW YORK, May 8, 2023 /PRNewswire/ -- The ERW steel tube market in Europe is estimated to grow by USD 8.52 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 6% during the forecast period. The growth of the market is driven by the economic advantages of pipeline transportation in the oil and gas industry. Pipelines are ideal for the transportation of oil and gas for long distances due to various benefits. Pipelines are highly reliable and can operate round-the-clock as there is limited dependence on external factors. They are capable of continuous transportation of oil and gas and need very less maintenance. Also, transportation of oil and gas through the pipeline is more cost-effective than rain transport. Owing to such benefits, many companies and governments are investing in new pipeline projects. This is expected to increase the demand for ERW steel tubes, which, in turn, is driving the growth of the market in focus. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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ERW Steel Tube Market In Europe - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on end-user (oil and gas, infrastructure and construction, water or sewage, automotive, and others) and product type (pressure tubing and standard pipes).

• The market growth in the oil and gas segment will be significant over the forecast period. Rising energy demand has increased investments in oil and gas projects in Europe. Governments in Europe are collaborating with each other to carry out various gas pipeline projects. For instance, in October 2022, Germany and Spain collaborated to develop a gas pipeline across the Pyrenees mountain range. Similarly, in October 2022, the governments of France and Spain signed a deal of USD 3 billion to build an underwater gas pipeline from Barcelona to Marseille. Such investments and developments are expected to drive the growth of the segment during the forecast period.

Insights on the market contribution of various segments including country and region wise, historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

ERW Steel Tube Market in Europe – Market Dynamics

Leading trends influencing the market 

The advent of satellite-based pipeline monitoring systems is identified as the key trend in the market. Globally, a large number of pipeline projects are currently under construction or in the planning stage. These pipeline projects traverse across various terrains where both wired and wireless communications become cost-intensive. This has created the need for efficient monitoring systems that is also cost-effective. For efficient monitoring and management of pipelines in harsh terrain such as mountainous regions, vendors are offering satellite communication based on Supervisory Control And Data Acquisition (SCADA) as a cost-effective communication option. For instance, BENTEK offers SatSCADA. It is a satellite-based pipeline remote monitoring SCADA platform. It utilizes the Inmarsat geosynchronous satellite, which provides visibility without the need to reconfigure or recommission the system. This trend is expected to have a positive impact on the growth of the market during the forecast period.

Major challenges hindering the market growth

The volatile prices of raw materials will challenge the growth of the market. Raw materials, such as iron ore, used in the manufacture of steel have witnessed major fluctuations in prices over recent years. The demand for steel is increasing in the construction and other industries. However, the fluctuating prices of raw materials are hampering the production of ERW steel. Thus, the increase in the prices of raw materials is expected to negatively impact the growth of the market in focus.

Market dynamics can impact businesses significantly. Find more insights in a sample report!

What are the key data covered in this ERW steel tube market in Europe report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the ERW steel tube market in Europe between 2023 and 2027
• Precise estimation of the size of the ERW steel tube market in Europe and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the ERW steel tube market across Europe
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of ERW steel tube market vendors in Europe

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ million)

4 Historic Market Size

• 4.1 ERW steel tube market in Europe 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on ERW steel tube market in Europe 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Product type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 ERW steel tube market in Europe by Country 2022 - 2027 
• Exhibit 22: Historic Market Size (value) – Data Table on ERW steel tube market in Europe by Country 2022 - 2027 ($ million)
• Exhibit 23: Historic Market Size (volume) – Data Table on ERW steel tube market in Europe by Country 2022 - 2027 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 24: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 25: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 26: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 27: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 28: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 29: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 30: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 31: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 32: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 33: Chart on Comparison by End-user
• Exhibit 34: Data Table on Comparison by End-user

• 6.3 Oil and gas - Market size and forecast 2022-2027 
• Exhibit 35: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)

• 6.4 Infrastructure and construction - Market size and forecast 2022-2027 
• Exhibit 39: Chart on Infrastructure and construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Data Table on Infrastructure and construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Chart on Infrastructure and construction - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on Infrastructure and construction - Year-over-year growth 2022-2027 (%)

• 6.5 Water or sewage - Market size and forecast 2022-2027 
• Exhibit 43: Chart on Water or sewage - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Data Table on Water or sewage - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Chart on Water or sewage - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Water or sewage - Year-over-year growth 2022-2027 (%)

• 6.6 Automotive - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 55: Market opportunity by End-user ($ million)

7 Market Segmentation by Product Type

• 7.1 Market segments
• Exhibit 56: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Product Type - Market share 2022-2027 (%)

• 7.2 Comparison by Product Type 
• Exhibit 58: Chart on Comparison by Product Type
• Exhibit 59: Data Table on Comparison by Product Type

• 7.3 Pressure tubing - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Pressure tubing - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Pressure tubing - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Pressure tubing - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Pressure tubing - Year-over-year growth 2022-2027 (%)

• 7.4 Standard pipes - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Standard pipes - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Standard pipes - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Standard pipes - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Standard pipes - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product Type 
• Exhibit 68: Market opportunity by Product Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 70: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 71: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 72: Chart on Geographic comparison
• Exhibit 73: Data Table on Geographic comparison

• 9.3 Germany - Market size and forecast 2022-2027 
• Exhibit 74: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.4 Italy - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.5 France - Market size and forecast 2022-2027 
• Exhibit 82: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.6 Spain - Market size and forecast 2022-2027 
• Exhibit 86: Chart on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on Spain - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on Spain - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on Spain - Year-over-year growth 2022-2027 (%)

• 9.7 Rest of Europe - Market size and forecast 2022-2027 
• Exhibit 90: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)

• 9.8 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 95: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 98: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 99: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 100: Matrix on vendor position and classification

• 12.3 ArcelorMittal SA
• Exhibit 101: ArcelorMittal SA - Overview
• Exhibit 102: ArcelorMittal SA - Business segments
• Exhibit 103: ArcelorMittal SA - Key offerings
• Exhibit 104: ArcelorMittal SA - Segment focus

• 12.4 bsh Precision Steel Tube Trading GmbH 
• Exhibit 105: bsh Precision Steel Tube Trading GmbH - Overview
• Exhibit 106: bsh Precision Steel Tube Trading GmbH - Product / Service
• Exhibit 107: bsh Precision Steel Tube Trading GmbH - Key offerings

• 12.5 Danieli and C. Officine Meccaniche Spa 
• Exhibit 108: Danieli and C. Officine Meccaniche Spa - Overview
• Exhibit 109: Danieli and C. Officine Meccaniche Spa - Business segments
• Exhibit 110: Danieli and C. Officine Meccaniche Spa - Key news
• Exhibit 111: Danieli and C. Officine Meccaniche Spa - Key offerings
• Exhibit 112: Danieli and C. Officine Meccaniche Spa - Segment focus

• 12.6 Mannesmann Line Pipe GmbH 
• Exhibit 113: Mannesmann Line Pipe GmbH - Overview
• Exhibit 114: Mannesmann Line Pipe GmbH - Product / Service
• Exhibit 115: Mannesmann Line Pipe GmbH - Key offerings

• 12.7 Ml Tubi
• Exhibit 116: Ml Tubi - Overview
• Exhibit 117: Ml Tubi - Product / Service
• Exhibit 118: Ml Tubi - Key offerings

• 12.8 Nippon Steel Corp.
• Exhibit 119: Nippon Steel Corp. - Overview
• Exhibit 120: Nippon Steel Corp. - Business segments
• Exhibit 121: Nippon Steel Corp. - Key offerings
• Exhibit 122: Nippon Steel Corp. - Segment focus

• 12.9 Seeberger GmbH and Co. KG 
• Exhibit 123: Seeberger GmbH and Co. KG - Overview
• Exhibit 124: Seeberger GmbH and Co. KG - Product / Service
• Exhibit 125: Seeberger GmbH and Co. KG - Key offerings

• 12.10 Seyame
• Exhibit 126: Seyame - Overview
• Exhibit 127: Seyame - Product / Service
• Exhibit 128: Seyame - Key offerings

• 12.11 Siderinox SpA
• Exhibit 129: Siderinox SpA - Overview
• Exhibit 130: Siderinox SpA - Product / Service
• Exhibit 131: Siderinox SpA - Key offerings

• 12.12 SMS group GmbH
• Exhibit 132: SMS group GmbH - Overview
• Exhibit 133: SMS group GmbH - Product / Service
• Exhibit 134: SMS group GmbH - Key offerings

• 12.13 Soconord Group
• Exhibit 135: Soconord Group - Overview
• Exhibit 136: Soconord Group - Product / Service
• Exhibit 137: Soconord Group - Key offerings

• 12.14 Steelimpex Ltd.
• Exhibit 138: Steelimpex Ltd. - Overview
• Exhibit 139: Steelimpex Ltd. - Product / Service
• Exhibit 140: Steelimpex Ltd. - Key offerings

• 12.15 Tata Steel Ltd.
• Exhibit 141: Tata Steel Ltd. - Overview
• Exhibit 142: Tata Steel Ltd. - Business segments
• Exhibit 143: Tata Steel Ltd. - Key news
• Exhibit 144: Tata Steel Ltd. - Key offerings
• Exhibit 145: Tata Steel Ltd. - Segment focus

• 12.16 Threeway Steel Co. Ltd. 
• Exhibit 146: Threeway Steel Co. Ltd. - Overview
• Exhibit 147: Threeway Steel Co. Ltd. - Product / Service
• Exhibit 148: Threeway Steel Co. Ltd. - Key offerings

• 12.17 Tubificio del Friuli SpA 
• Exhibit 149: Tubificio del Friuli SpA - Overview
• Exhibit 150: Tubificio del Friuli SpA - Product / Service
• Exhibit 151: Tubificio del Friuli SpA - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 152: Inclusions checklist
• Exhibit 153: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 154: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 155: Research methodology
• Exhibit 156: Validation techniques employed for market sizing
• Exhibit 157: Information sources

• 13.5 List of abbreviations 
• Exhibit 158: List of abbreviations

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