The high growth of the oil gas sector in the..

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The high growth of the oil & gas sector in the U.S. drives the demand for cold drawn seamless steel pipes due to their widening applications, including pumps, barrels, plungers, and bearing races. The International Energy Agency (IEA) estimates that by 2024, the U.S. will surpass Russia and move closer to Saudi Arabia in terms of oil export. The IEA also estimates that under the stated policies, 85% of the increase in global oil production over the next decade will come from the U.S.

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U.S. Cold Drawn Seamless Steel Pipes Market by Size, Share, Forecasts, & Trends Analysis

The U.S. Cold Drawn Seamless Steel Pipes Market is expected to reach $994.3 million, at a CAGR of 7.7% during the forecast period 2022–2029.

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U.S. Cold Drawn Seamless Steel Pipes Market by Size, Share, Forecasts, & Trends Analysis

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