The global Drawn Over Mandrel (DOM) Tubing market is on an upward trajectory, surging from USD 551.5 million in 2022 to a projected value of USD 745.6 million by 2029, marking a robust CAGR of 4.4% during the review period. This report meticulously incorporates the impacts of major global events such as the COVID-19 pandemic and the Russia-Ukraine War in its assessment of market sizes.
Advancements in Precision Tubing Technology
Drawn Over Mandrel Mechanical Tubing (DOM) represents a significant advancement in precision tubing technology. It entails the production of a cold-drawn 1020/1026 electric resistance welded tube with all flash removed prior to cold drawing. Unlike traditional electric-welded tubing, DOM tubing is engineered to extremely tight outer diameter (OD) and inner diameter (ID) tolerances.
Comprehensive Market Analysis
This comprehensive report offers a meticulous analysis of the global Drawn Over Mandrel (DOM) Tubing market, presenting both quantitative and qualitative assessments. It encompasses crucial aspects including manufacturers, regions, countries, types, and applications, delivering a thorough perspective of the market landscape. The report delves into competitive dynamics, supply-demand trends, and key factors influencing market dynamics.
Key Players Shaping the Industry
The report profiles key players in the global Drawn Over Mandrel (DOM) Tubing market based on various parameters including company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Leading companies covered in this study include ArcelorMittal, Plymouth Tube Company, Lapham-Hickey Steel, O’Neal Steel, and Salem Steel, all of which play pivotal roles in shaping the industry.
Influence of COVID-19 and Russia-Ukraine War
The report provides crucial insights into how the Drawn Over Mandrel (DOM) Tubing market responded to transformative events like the COVID-19 pandemic and the Russia-Ukraine War, offering a comprehensive understanding of the market’s adaptability and resilience.
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