The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing construction and infrastructure sectors are likely to stimulate innovation in the manufacturing of carbon steel pipe fittings, propelling the market during the forecast period.

The global carbon steel pipe fittings market is expected to grow from $6.56 billion in 2022 to $6.97 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The global carbon steel pipe fittings market size is expected to reach $8.59 billion in 2027 at a CAGR of 5.4%.

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Global Carbon Steel Pipe Fittings Market Segments Include:

• By Type: Hot-Rolled Steel Pipes, Cold-Rolled (Drawn) Steel Pipes
• By Application: Oil and Gas, Chemicals and Petrochemicals, Construction and Infrastructure, Industrial
• By Distribution Channel: Online, Offline
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global carbon steel pipe fittings market in 2021.

Major Market Players in the carbon steel pipe fittings market include Awaji Materia Co. Ltd., Bassi Luigi and C. S.p.A, Delcorte SAS, Erne Fittings GmbH, M.E.G.A. S.p.A., Parker Hannifin CORP, S.S.E. Pipefittings Limited, SBC Bend Co. Ltd.

The primary trends gaining traction in the carbon steel pipe fittings market are technological developments. To boost their market position, major businesses in the carbon steel pipe fittings market are using innovative technologies. For example, NIBCO Inc., a flow control solutions provider based in the United States, implemented press technology for fuel and gas carbon steel pipe applications in March 2023 to expand its BenchPress G carbon steel fittings line to incorporate and introduce 2-inch sizes into its current product lineup. The BenchPress G press technology provides the quick and cost-effective installation of carbon steel pipe systems for residential, commercial, and industrial applications. It also gives users consistent joint integrity and a sleek appearance. Because it does not require threading tools or lubricants, it makes installation easier, cleaner, and faster.

The Carbon Steel Pipe Fittings Global Market Report 2023  provides a carbon steel pipe fittings market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The carbon steel pipe fittings market forecast analyzes carbon steel pipe fittings market size, carbon steel pipe fittings market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Carbon steel pipe fittings are curved joining components that connect straight-length pipes. They are manufactured of carbon steel, a form of steel with carbon as the primary alloying element. These fittings are widely utilised in a variety of industries, such as oil & gas, petrochemicals, power generation, and construction.

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