Seamless Pipes Market by Type, Production Process, Cross-roll Piercing & Pilger Rolling, Material, End-use Industry, and Region – Global Forecast to 2022

Seamless Pipes Market by Type, Production Process, Cross-roll Piercing & Pilger Rolling, Material, End-use Industry, and Region – Global Forecast to 2022

PR Newswire

LONDON, July 13, 2017 /PRNewswire/ — “The seamless pipes market is projected to grow at a CAGR of 5.2% from 2017 to 2022, in terms of value”
The seamless pipes market is estimated to be USD 183.79 billion in 2017 and is projected to reach USD 237.11 billion by 2022, at a CAGR of 5.2% during the forecast period. The demand for seamless pipes is majorly driven by the increasing demand for seamless pipes from the oil & gas sector. Increasing global demand for energy has led to a rise in exploration activities and investments in the oil & gas industry. The significant growth of the oil & gas industry in emerging markets, such as China, India, and Brazil is expected to drive the demand for seamless pipes. However, volatile raw material prices can restrain the growth of the seamless pipes market.

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“Based on type, the hot finished seamless pipes market is estimated to be a larger segment of the seamless pipes market in 2017”
The hot finished seamless pipes segment is estimated to be a larger segment of the market in 2017, due to the extensive use of hot finished seamless pipes across end-use industries, such as oil & gas, infrastructure & construction, and power generation, and among others.

“Based on production process, cross-roll piercing & pilger rolling segment is estimated to be the largest segment of the global seamless pipes market in 2017”
The cross-roll piercing & pilger rolling segment is anticipated to be the largest segment of the seamless pipes market in 2017, owing to the due to the simplicity of the process as compared to the other seamless pipes manufacturing processes, such as multi-stand plug mill and continuous mandrel rolling.

“Based on material, the nickel & alloys segment is expected to be the fastest-growing segment of the seamless pipes market during the forecast period”
The nickel & alloys segment of the seamless pipes market is expected to witness the highest growth during the forecast period. This high growth can be attributed to the increasing use of nickel & alloys to manufacture seamless pipes, especially in the power generation, aerospace & defense, and chemicals industries.

“Based on end-use industry, the oil & gas segment is estimated to be the largest segment of the market in 2017.”
Based on end-use industry, the oil & gas segment is estimated to be the largest segment of the market in 2017. Seamless pipes are majorly used in the transport of oil and gas in the oil & gas industry and in various drilling activities.

Asia Pacific is projected to lead the global seamless pipes market during the forecast period”
Asia Pacific is expected to lead the global seamless pipes market. The growth of the Asia Pacific seamless pipes market is majorly driven by the growth in the infrastructure & construction sector in the region. Seamless pipes are used in water supply, sewage transport, and so on.

Profile break-up of primary participants for the report:

• By Company Type: Tier 1 – 21%, Tier 2 – 36% and Tier 3 – 43%
• By Designation: C Level – 24%, D Level – 42%, and Others – 34%
• By Region: Asia Pacific – 50%, North America – 20%, Europe – 18%, Middle East & Africa– 5%, and South America – 7%

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by various market players, such as Nippon Steel & Sumitomo Metal Corporation (Japan), ArcelorMittal SA (Luxembourg), JFE Steel Corporation (Japan), Tenaris S.A. (Luxembourg), Vallourec AG (France), IPP Europe Ltd. (UK) Zaffertec S.L. (Spain), Cimco Europe (Italy), Wheatland Tube Company (US), Techint Group SpA (Italy), ISMT Ltd. (India), ALCO SAS (Colombia), Shalco Industries Pvt. Ltd. (India), UMW Group (Malaysia), United Seamless Tubulaar Pvt. Ltd. (India), Jindal Saw Ltd. (India), Tianjin Pipe (Group) Corporation (China), PAO TMK (Russia), Sandvik AB (Sweden), United States Steel Corporation (US), Schulz USA (US), ChelPipe (Russia), EVRAZ Plc (UK), Salzgitter Mannesmann Stainless Tubes GmbH (Germany), and Tubos Reunidos, S.A. (Spain).

Research Coverage:

The report defines, segments, and projects the global seamless pipes market based on type, production process, material, end-use industry, and region. It provides detailed information regarding major factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It strategically profiles key players and comprehensively analyzes their market share and core competencies as well as tracks and analyzes competitive developments such as partnerships, contracts, joint ventures, mergers & acquisitions, expansions, new product launches, and research & development activities in the market.

Reasons to buy the report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of revenue numbers of the global seamless pipes market and its subsegments. This report will also help stakeholders better understand the competitor landscape, gain more insights to better position their businesses, and make suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
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A. O. Smith names Warren president and general manager of North America, India, Europe, and export water heater operations

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A. O. Smith names Warren president and general manager of North America, India, Europe, and export water heater operations

PR Newswire

MILWAUKEE, July 13, 2017 /PRNewswire/ — A. O. Smith Corporation (NYSE:AOS) today announced the appointment of David R. Warren as president and general manager of its North America, India, Europe, and Export (NAIEE) water heater operations.

David R. Warren, president and general manager, NAIEE

In this role, Warren will have profit and loss responsibility for the 10 brands that make up the operation.  He will oversee the unit’s 4,500 employees at facilities in the U.S., Canada, India, Mexico, the Netherlands, Turkey, and the UK.

“Dave brings extensive domestic and international experience to his new position,” President and Chief Operating Officer Kevin J. Wheeler said in making the announcement. “He has worked in a wide variety of functions and is very familiar with our customers and our global water heater markets.”

“With Dave Warren and Kevin Wheeler, A. O. Smith has two executives with in-depth knowledge of the global water heater business,” Chairman and Chief Executive Officer Ajita G. Rajendra observed.  “Both of them have been instrumental in helping develop our global water heater strategy and under their leadership, this business has enjoyed solid growth over the last several years.”

Warren has served as vice president of the India, Europe, and export businesses, overseeing the company’s international water heater operations in Europe, and water heater and water treatment operations in Turkey and India.  He also was responsible for the company’s export water heater activities.

Warren joined A. O. Smith in 1989 as a wholesale sales coordinator and was promoted to district manager of the South Texas District.  In 1999, he was named a regional sales manager for the South Central Region.  In 2002, he became director of Reliance retail water heater sales.

In 2004, Warren was named managing director of the company’s Veldhoven operation with responsibility for the European and Middle Eastern markets and export water heater sales. 

Warren is a graduate of the University of Minnesota with a bachelor’s degree in sales and marketing and has taken courses in international business from Franklin University-Switzerland in Lugano, Switzerland.

A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world’s leading manufacturers of residential and commercial water heating equipment, as well as a manufacturer of water treatment and air purification products.  For more information visit www.aosmith.com

 

A. O. Smith Corporation logo. (PRNewsFoto/A. O. Smith Corporation)

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SOURCE A. O. Smith Corporation

Better World Campaign Statement on the House Appropriations Subcommittee’s Proposed Funding Levels for the United Nations

Washington, D.C. (PRWEB) July 13, 2017

Better World Campaign President Peter Yeo issued the following statement today regarding the House Appropriations Subcommittee on State, Foreign Operations, and Related Programs FY’18 spending bill:

“The proposed bill would significantly underfund the work of the United Nations in strategic humanitarian and peacebuilding settings amid a growing number of global crises including four looming famines, the threat of ISIS, and the largest refugee crisis of our time.

“We greatly appreciate the longstanding leadership of Chairman Hal Rogers (R-KY) and Ranking Member Nita Lowey (D-NY) amid a difficult fiscal environment. We recognize that this new bill is an improvement from the President’s crippling FY’18 budget proposal for international affairs priorities and the UN. However, this legislation does not go nearly far enough to meet our funding obligations.

“Contrary to U.S. national security and economic interests, the bill includes deep and disproportionate cuts to overall foreign affairs spending with a topline funding level that is $10 billion less than the FY’17 spending bill. It also reduces funding to the UN and other international organizations by over $600 million.

“Specifically, the bill would underfund UN peacekeeping, putting us further into arrears. It would also eliminate funds for over a dozen of the UN’s most vital agencies and funds, including the UN Development Program (UNDP), UN Environment (UNEP), UN Women, UN Office for Coordination of Humanitarian Affairs (OCHA), UN Population Fund (UNFPA), Green Climate Fund, and UN Fund for Victims of Torture.

“Going forward, we call on the House and Senate Appropriations Committees to reconsider these cuts and support current funding levels for the overall international affairs budget and full funding for the UN.”

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About the Better World Campaign

The Better World Campaign works to foster a strong relationship between the U.S. and the UN to promote core American interests and build a more secure, prosperous, and healthy world. The Better World Campaign engages policymakers, the media, and the American public alike to increase awareness of the critical role played by the UN in world affairs and the importance of constructive U.S.-UN relations.

Read the full story at http://www.prweb.com/releases/2017/07/prweb14508962.htm