MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Pipe Fittings - Carbon Steel
Overview
Market size
$13.8B
global, USD
CAGR
4.6%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$17.3B
What changed
Demand by region
North America demand28%
Asia-Pacific demand38%
Europe demand20%
Middle East & Africa demand9%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw Materials (Carbon Steel / Billets)45%
Manufacturing & Labor25%
Energy & Utilities12%
Logistics & Freight10%
Overhead & Compliance8%
share of delivered cost (analyst estimate)