United States Drawn Over Mandrel (DOM) Steel Pipe Market was valued at USD 1.10 Billion in 2022 and is projected to reach USD 1.70 Billion by 2030, growing at a CAGR of 5.70% from 2024 to 2030.
The US Drawn Over Mandrel (DOM) Steel Pipe Market is experiencing notable growth, driven by increasing demand across a wide range of industries such as construction, automotive, and energy. As a popular choice for structural and mechanical applications, DOM steel pipes are known for their superior strength, durability, and uniformity. These pipes are formed by drawing steel through a mandrel, resulting in a seamless, high-quality product that meets precise dimensional standards. The quality of the DOM steel pipe makes it ideal for applications where strength and consistency are critical.
In the US, the demand for DOM steel pipes is projected to grow steadily, fueled by technological advancements in manufacturing processes and an expanding infrastructure sector. The market size is significantly influenced by the growing use of steel pipes in construction projects, such as bridges, high-rise buildings, and transportation infrastructure. Furthermore, the automotive industry plays a key role, as these pipes are utilized in the production of hydraulic systems, vehicle chassis, and exhaust systems.
Another driving factor is the increasing need for efficient energy transportation systems. As the demand for energy continues to rise, the oil and gas sector is adopting more advanced technologies, including the use of high-quality steel pipes for pipeline construction. This market segment, particularly in energy-intensive applications, remains one of the largest consumers of DOM steel pipes.
The future of the DOM steel pipe market looks promising, with forecasts indicating steady growth. Innovation in manufacturing techniques, such as improvements in cold working processes and heat treatments, are enhancing the quality and functionality of these pipes. Moreover, the push toward sustainability and energy efficiency in construction and manufacturing is likely to fuel further demand for high-quality steel pipes.
As the market for DOM steel pipes grows, manufacturers must continue to innovate, ensuring the products meet the evolving needs of industries that depend on strength, reliability, and precision, much like how the 100 Gigabit Fiber Optic Transceiver Market continues to meet the demands of faster communication networks.
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ArcelorMittal
Plymouth Tube Company
Lapham-Hickey Steel
O'Neal Steel
Salem Steel
TW Metals
Suao Metal
Coremark Metals
Sharon Tube
Karay Metals
River City Specialty Tube
Accu-Tube
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Drawn Over Mandrel (DOM) Steel Pipe Market
Oil & Gas
Construction
Automotive
Aerospace
Industrial
Energy
Transportation
Manufacturing
Engineering
Infrastructure
Seamless DOM Steel Pipe
Welded DOM Steel Pipe
Small Diameter
Medium Diameter
Large Diameter
Thin-walled
Thick-walled
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Drawn Over Mandrel (DOM) Steel Pipe Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Drawn Over Mandrel (DOM) Steel Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Drawn Over Mandrel (DOM) Steel Pipe Market, By Type
6. US Drawn Over Mandrel (DOM) Steel Pipe Market, By Application
7. US Drawn Over Mandrel (DOM) Steel Pipe Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Drawn Over Mandrel (DOM) Steel Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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