Brazil Steel Pipes & Tubes Market Size & Outlook
Brazil steel pipes & tubes market, 2018-2030 (US$M)
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Brazil steel pipes & tubes market highlights
- The Brazil steel pipes & tubes market generated a revenue of USD 2,486.0 million in 2022 and is expected to reach USD 2,992.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.3% from 2023 to 2030.
- In terms of segment, oil & gas was the largest revenue generating application in 2022.
- Power plant is the most lucrative application segment registering the fastest growth during the forecast period.
Steel pipes & tubes market data book summary
| Market revenue in 2022 | USD 2,486.0 million |
| Market revenue in 2030 | USD 2,992.9 million |
| Growth rate | 2.3% (CAGR from 2022 to 2030) |
| Largest segment | Oil & gas |
| Fastest growing segment | Power plant |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Construction, Oil & gas, Chemicals and petrochemicals, Automotive & transportion, Mechanical engineering, Power plant |
| Key market players worldwide | ArcelorMittal SA Depository Receipt, Nippon Steel Corp, Steel Authority Of India Ltd DR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global steel pipes & tubes market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil steel pipes & tubes market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,992.9 million by 2030.
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Steel Pipes & Tubes Market Scope
Steel Pipes & Tubes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil steel pipes & tubes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel pipes & tubes market will help companies and investors design strategic landscapes.
Oil & gas was the largest segment with a revenue share of 44.22% in 2023. Horizon Databook has segmented the Brazil steel pipes & tubes market based on construction, oil & gas, chemicals and petrochemicals, automotive & transportion, mechanical engineering, power plant covering the revenue growth of each sub-segment from 2018 to 2030.
The steel pipes and tubes market are a vital component of the country's industrial landscape. These materials are extensively utilized in construction, oil & gas, and infrastructure development. According to the Economic Commission for Central & South America and the Caribbean (ECLAC), in 2022, the steel tubes and pipes market saw significant growth with the concession of two blocks in Rio de Janeiro's drinking water and sanitation system (CEDAE).
The USD 2.843 billion deal, one of the sector's largest, was led by a consortium featuring the Singaporean sovereign wealth fund GIC Private Limited. In the growing market for steel pipes and tubes in the infrastructure sector, IG4 Capital Investments Ltd.
This purchase positioned IG4 as the largest shareholder in the company. With Brazil's economic growth and increasing investments in various industries, the demand for steel pipes and tubes is expected to remain robust.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil steel pipes & tubes market , including forecasts for subscribers. This country databook contains high-level insights into Brazil steel pipes & tubes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil steel pipes & tubes market size, by application, 2018-2030 (US$M)
Brazil Steel Pipes & Tubes Market Outlook Share, 2023 & 2030 (US$M)
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