In an updated edition of the global casing pipe market report, FMI estimates the industry to reach a valuation of USD 12,939.30 million in FY 2024. The market is expected to expand owing to rising demand in the oil and gas industry. Increasing geothermal projects is another key factor, which is going to raise the product’s adoption.
The market is forecast to generate revenue of USD 22,738.90 million by 2034, expanding at a CAGR of an average of 5.80%. To meet the surging demand, manufacturers are expected to design their encasement pipes for unconventional shale plays.
Attributes | Key Insights |
---|---|
Casing Pipe Market Share (2024E) | USD 12,939.30 million |
Market Valuation (2034F) | USD 22,738.90 million |
Value-based CAGR (2024 to 2034) | 5.8% |
In the following section, a peek-through is given for markets competing with the casing pipe industry. These markets are the pre-insulated pipe market and the pipe market. Growth potential in these three markets is almost the same. However, players can strategize for diversification to increase their recognition in the market.
Casing Pipe Industry:
Attributes | Casing Pipe Industry |
---|---|
CAGR (2024 to 2034) | 5.8% |
Growth Factor | Rising demand from oil and gas industry |
Opportunity | Water issues across the globe |
Key Trends | Increasing research projects to develop advanced pipes |
Pipe Market:
Attributes | Pipe Market |
---|---|
CAGR (2024 to 2034) | 5.1% |
Growth Factor | Increasing adoption in water supply and sewage systems |
Opportunity | Rising infrastructure development activities |
Key Trends | Innovations in pipe materials |
Pre-Insulated Pipe Market:
Attributes | Pre-Insulated Pipe Market |
---|---|
CAGR (2024 to 2034) | 5.7% |
Growth Factor | Accelerating demand for energy-efficient solutions |
Opportunity | Rising investments in developing countries |
Key Trends | Increasing government incentives |
Leading Material Type | Steel Casing Pipes |
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Value Share (2024) | 45.50% |
The demand for steel encasement pipes is rapidly increasing for multiple applications. In 2024, this segment is going to hold 45.50% in 2024. These pipes are used to protect water and sewer lines, electrical and fiber optic cables, as well as gas and oil pipelines. Additionally, these pipes are progressively being used to protect utility lines underground.
Leading End Use | Oil Wells |
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Value Share (2024) | 60.30% |
Oils wells are the leading end user of casing pipes. They account for 60.30% of the global market. These large-diameter pipes are used to line the drilled wellbore and offer structural support to the well during production and drilling operations. They help prevent cave-ins, protect the well from external forces, and assist in efficient extraction of oil.
In the oil and gas industry, the steel pipes are increasingly used to transport oil and other liquids due to their durable, strong, and corrosion-resistance nature.
Countries | Forecast CAGR (2024 to 2034) |
---|---|
The United States | 4.40% |
Germany | 4.80% |
China | 6.20% |
India | 5.90% |
Japan | 5.30% |
The casing pipe market in the United States is projected to surge at a CAGR of 4.4% over the assessment period. Significant count of encasement pipe manufacturers, wholesalers, and suppliers has made the United States a challenging market for new players.
Established players in the market are meeting the demands of energy customers through a wide range of tubing and encasement products. These include high-strength, high-quality, seamless, high toughness, and high-frequency electric weld (ERW) pipes that is designed to tackle the new generation of problems.
Their application extends to electrical and fiber optic cables, gas and oil pipelines, sewer, and water lines. Industry players, including distributors, manufacturers, and fabricators, are offering virtually all possible wall thickness/diameter/ length configurations to meet the demands of the end-use industries.
The demand for casing pipe in Germany is pacing at a CAGR of 4.8% through the forecast period. Increasing developmental projects in the country is raising the sales of these pipes. For instance, in October 2023, Tenaris, which is a Luxembourg-based steel pipe producer supplied steel pipes for Graben-Neudorf geothermal project.
The project is situated near Karlsruhe, Germany, and includes two wells of 4,000 meters deep. The intent behind this project is to produce heat and electricity. The company is expected to continue expanding their capabilities and product range in the following years.
These pipes are increasingly being used in process heating and district heating systems as well as hot water industrial pipelines. This is because they perform well in high pressure and temperature levels.
As projects have been continuously flowing in Germany, similarly the country has experienced shutdown of steel pipe operations. For instance, in September 2023, Vallourec winded down its steel pipe operations in Germany after failing to find any investors.
The growth of the casing pipe industry in China is projected to rise at a CAGR of 6.20% through 2034. The market is flourishing in China due to higher demand for these pipes in the country, more than in other Asian countries.
Constant innovations by key players are rapidly advancing this market. For instance, in September 2023, Puyang Zhongshi Group, a prominent producer and supplier of progressive oilfield equipment, launched a breakthrough product, called Torque Ring. The product is designed to transform the torque transmission in drilling operations. This competitively priced product is expected to experience increased uptake among end users.
The European Commission (EC) in July 2023 announced the extension of anti-dumping duty on the imports of certain thick-rolled, seamless pipes from China. The tariffs on products from China have been decided to be at 29.2-54.9% level, based on the particular factor that supplies Chinese products.
Similarly, in the historical period, duties were finalized on steel pipes from China from the United States. This was done to protect the American producers from the imports of large-diameter welded steel pipe supplied from China.
The sales of casing pipe, also called encasement pipe, is increasing in India at a CAGR of 5.90% over the estimated time-frame. The market is estimated to surge on account of robust expansion in the agriculture sector as the Indian government is investing in water transportation facilities for the sector.
Key players are thus gearing up for new projects by enhancing their product portfolio. Raksha Pipes, for instance, which is a key provider of encasement pipe in India, announced in October 2023 that it is planning to revamp its product portfolio.
The group has the vision to expand its capacity 10X in the next five years. The company has also planned the construction of warehouses in locations like Bihar, Odisha, and Jharkhand to strategically prepare for the agri-pipe market.
The casing pipe market in Japan is predicted to lift up at a CAGR of 5.3% over the forecast period. The demand for encasement pipe is increasing due to various water-related issues the country is facing.
A recent earthquake that impacted the Noto Peninsula in the beginning of 2024 exposed Japan’s frailty of the water supply system. Several pipes are half a century old and are not even earthquake proof. With continuous bursting of water pipes, the country is expected to invest in infrastructure in upcoming years. This is expected to create opportunities for industry players.
Key players are investing on enhancing and adding more features to the encasement pipes to meet the exacting demands on encasement pipes. Additionally, they are delivering the encasement pipes in custom lengths as per the specified measures by the end users.
New projects like the introduction of geothermal developmental projects are expected to raise the demand for encasement pipes with high quality, strength, and toughness. Apart from this, expansion in sectors like agriculture is projected to raise the adoption of these pipes. These factors are expected to motivate the active players to ramp up their production of these thick rolled pipes over the next few years.
Key players are further expanding their geographical presence and diversifying their product profile to stay competitive in the global market.
Colonial Teltek
Colonial Teltek, a United States distribution company, offers HDPE encasement pipes in varied sizes and dimensions. The firm caters to outsides plant, utility, and telecommunications industries.
APL Apollo Pipes
APL Apollo Pipes is a prominent manufacturer of pipes and fitting in India, offering an extensive range of pipes like PVC pipes, encasement pipes, Agri pipes, etc. The encasement pipes provided by the company comes in two categories, including screen (slotted) and plain pipes. They are easy to install as well.
Pittsburgh Pipe
Pittsburgh Pipe is a United States company that offers industrial pipes, including steel encasement pipes. The firm also alters the steel encasement pipe according to the customer’s specifications.
News Coverage for Casing Pipe Market
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Meter) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 4: Global Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 6: Global Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 7: Global Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 8: Global Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: North America Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 12: North America Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 13: North America Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 14: North America Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 15: North America Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 16: North America Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Latin America Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 19: Latin America Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 20: Latin America Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 21: Latin America Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 22: Latin America Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 23: Latin America Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 24: Latin America Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 25: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Western Europe Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 27: Western Europe Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 28: Western Europe Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 29: Western Europe Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 30: Western Europe Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 31: Western Europe Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 32: Western Europe Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 33: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 34: Eastern Europe Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 35: Eastern Europe Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 36: Eastern Europe Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 37: Eastern Europe Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 38: Eastern Europe Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 39: Eastern Europe Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 40: Eastern Europe Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 41: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 42: South Asia and Pacific Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 43: South Asia and Pacific Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 44: South Asia and Pacific Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 45: South Asia and Pacific Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 46: South Asia and Pacific Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 47: South Asia and Pacific Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 48: South Asia and Pacific Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 49: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 50: East Asia Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 51: East Asia Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 52: East Asia Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 53: East Asia Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 54: East Asia Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 55: East Asia Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 56: East Asia Market Volume (Meter) Forecast by End Use, 2019 to 2034
Table 57: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 58: Middle East and Africa Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 59: Middle East and Africa Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 60: Middle East and Africa Market Volume (Meter) Forecast by Material Type, 2019 to 2034
Table 61: Middle East and Africa Market Value (US$ Million) Forecast by Casing Type, 2019 to 2034
Table 62: Middle East and Africa Market Volume (Meter) Forecast by Casing Type, 2019 to 2034
Table 63: Middle East and Africa Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 64: Middle East and Africa Market Volume (Meter) Forecast by End Use, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by End Use, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Volume (Meter) Analysis by Region, 2019 to 2034
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 9: Global Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 10: Global Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 11: Global Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 12: Global Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 13: Global Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 14: Global Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 17: Global Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 18: Global Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 19: Global Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 20: Global Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 21: Global Market Attractiveness by Material Type, 2024 to 2034
Figure 22: Global Market Attractiveness by Casing Type, 2024 to 2034
Figure 23: Global Market Attractiveness by End Use, 2024 to 2034
Figure 24: Global Market Attractiveness by Region, 2024 to 2034
Figure 25: North America Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 26: North America Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 27: North America Market Value (US$ Million) by End Use, 2024 to 2034
Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 30: North America Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 33: North America Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 34: North America Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 37: North America Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 38: North America Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 39: North America Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 40: North America Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 41: North America Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 42: North America Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 43: North America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 44: North America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 45: North America Market Attractiveness by Material Type, 2024 to 2034
Figure 46: North America Market Attractiveness by Casing Type, 2024 to 2034
Figure 47: North America Market Attractiveness by End Use, 2024 to 2034
Figure 48: North America Market Attractiveness by Country, 2024 to 2034
Figure 49: Latin America Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 50: Latin America Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) by End Use, 2024 to 2034
Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 54: Latin America Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 57: Latin America Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 58: Latin America Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 61: Latin America Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 62: Latin America Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 65: Latin America Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 66: Latin America Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 67: Latin America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 69: Latin America Market Attractiveness by Material Type, 2024 to 2034
Figure 70: Latin America Market Attractiveness by Casing Type, 2024 to 2034
Figure 71: Latin America Market Attractiveness by End Use, 2024 to 2034
Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 73: Western Europe Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 75: Western Europe Market Value (US$ Million) by End Use, 2024 to 2034
Figure 76: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 77: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 78: Western Europe Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 79: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 80: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 81: Western Europe Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 82: Western Europe Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 83: Western Europe Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 84: Western Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 85: Western Europe Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 86: Western Europe Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 87: Western Europe Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 88: Western Europe Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 89: Western Europe Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 90: Western Europe Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 91: Western Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 93: Western Europe Market Attractiveness by Material Type, 2024 to 2034
Figure 94: Western Europe Market Attractiveness by Casing Type, 2024 to 2034
Figure 95: Western Europe Market Attractiveness by End Use, 2024 to 2034
Figure 96: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 97: Eastern Europe Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 98: Eastern Europe Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 99: Eastern Europe Market Value (US$ Million) by End Use, 2024 to 2034
Figure 100: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 101: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 102: Eastern Europe Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 103: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 104: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 105: Eastern Europe Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 106: Eastern Europe Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 110: Eastern Europe Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 111: Eastern Europe Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 112: Eastern Europe Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 113: Eastern Europe Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 114: Eastern Europe Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 115: Eastern Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 116: Eastern Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 117: Eastern Europe Market Attractiveness by Material Type, 2024 to 2034
Figure 118: Eastern Europe Market Attractiveness by Casing Type, 2024 to 2034
Figure 119: Eastern Europe Market Attractiveness by End Use, 2024 to 2034
Figure 120: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 121: South Asia and Pacific Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 122: South Asia and Pacific Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 123: South Asia and Pacific Market Value (US$ Million) by End Use, 2024 to 2034
Figure 124: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: South Asia and Pacific Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 127: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 128: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 129: South Asia and Pacific Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 130: South Asia and Pacific Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 131: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 132: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 133: South Asia and Pacific Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 134: South Asia and Pacific Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 138: South Asia and Pacific Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 139: South Asia and Pacific Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 140: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 141: South Asia and Pacific Market Attractiveness by Material Type, 2024 to 2034
Figure 142: South Asia and Pacific Market Attractiveness by Casing Type, 2024 to 2034
Figure 143: South Asia and Pacific Market Attractiveness by End Use, 2024 to 2034
Figure 144: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 145: East Asia Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 146: East Asia Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 147: East Asia Market Value (US$ Million) by End Use, 2024 to 2034
Figure 148: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 149: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 150: East Asia Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 151: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 152: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 153: East Asia Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 154: East Asia Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 155: East Asia Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 156: East Asia Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 157: East Asia Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 158: East Asia Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 159: East Asia Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 160: East Asia Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 161: East Asia Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 162: East Asia Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 163: East Asia Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 164: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 165: East Asia Market Attractiveness by Material Type, 2024 to 2034
Figure 166: East Asia Market Attractiveness by Casing Type, 2024 to 2034
Figure 167: East Asia Market Attractiveness by End Use, 2024 to 2034
Figure 168: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 169: Middle East and Africa Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 170: Middle East and Africa Market Value (US$ Million) by Casing Type, 2024 to 2034
Figure 171: Middle East and Africa Market Value (US$ Million) by End Use, 2024 to 2034
Figure 172: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 173: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 174: Middle East and Africa Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 177: Middle East and Africa Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 178: Middle East and Africa Market Volume (Meter) Analysis by Material Type, 2019 to 2034
Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Casing Type, 2019 to 2034
Figure 182: Middle East and Africa Market Volume (Meter) Analysis by Casing Type, 2019 to 2034
Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by Casing Type, 2024 to 2034
Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by Casing Type, 2024 to 2034
Figure 185: Middle East and Africa Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 186: Middle East and Africa Market Volume (Meter) Analysis by End Use, 2019 to 2034
Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 189: Middle East and Africa Market Attractiveness by Material Type, 2024 to 2034
Figure 190: Middle East and Africa Market Attractiveness by Casing Type, 2024 to 2034
Figure 191: Middle East and Africa Market Attractiveness by End Use, 2024 to 2034
Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
Current projections of casing pipe market indicate a valuation of USD 12,939.30 million in 2024.
Looking ahead to 2034, the current forecast projects a CAGR of 5.8% for the encasement pipe industry.
FMI predicts the market to reach USD 22,738.90 million by the year 2034.
Steel casing pipes is predicted to hold a significant market share during the forecast period.
China is predicted to offer opportunities for investors and stakeholders.
EVRAZ, Hannon Hydraulics, and Offshore Energy Services Inc. are powerful players in the encasement pipe industry.
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