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Stock impact report

Industrial Pipe Market Trends, Opportunities and Competitive Analysis 2024: A $52.6 Billion Market by 2030, with CAGR of 4% from 2024 to 2030 [Yahoo! Finance]

Tenaris S.A. American Depositary Shares (TS) 
Last tenaris s.a. american depositary shares earnings: 2/19 04:34 pm Check Earnings Report
US:NYSE Investor Relations: ir.tenaris.com
Company Research Source: Yahoo! Finance
The future of the global industrial pipe market looks promising with opportunities in power generation, petrochemical, automotive, and industrial processing. The global industrial pipe market is expected to reach an estimated $52.6 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major growth drivers for this market are increasing construction of new pipelines, replacement of aging pipelines, urbanization rate, and infrastructure development. Emerging trends include increasing use of premium and technically advanced pipe and increasing focus on pipe strength and durability. Industrial Pipe Market Insights Steel pipe is forecast to remain the largest material segment over the forecast period due to increasing demand for steel pipes in power generation and petrochemical industries. The plastic pipe material segment is forecast to witness the highest growth during the forecast period because of low cost, light weight and corrosion resistant. Within the global Industria Show less Read more
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