Press release
Clad Pipe Market to Observe Prominent CAGR of 5.40% by 2028, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook
The clad pipe market is expected to witness market growth at a rate of 5.40% in the forecast period of 2021 to 2028 and will reach USD 5,734.88 million by 2028.Market Definition:
Clad pipes are known to be special corrosion-resistant pipes that are made by bonding carbon steel pipes with corrosion resistant alloys (CRAs) to withstand highly corrosive environments. They are generally utilized in the offshore oil and gas industry in high temperature and high pressure situations as they display high corrosion resistivity. Clad pipes are mostly made by bonding a parent metal pipe, which is generally carbon steel, and a CRA metal pipe made of copper and nickel alloys.
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Japan Steel Works, LTD., NobelClad, FTV Proclad International Ltd, Inox Tech, Tenaris., Eisenbau Krämer GmbH, EEW GROUP., IODS Pipeclad, H. Butting GmbH & Co. KG, Cladtek Holdings Pte Ltd., Gieminox Tectubi Raccordi, Canadoil Forge Ltd., Jiuli Group Co., Ltd., Precision Castparts Corp., Guangzhou Pearl River Petroleum Steel Pipe Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
Competitive Landscape and Clad Pipe Market Share Analysis:
The clad pipe market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to clad pipe market.
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