Metal Pipes Market Size

ID: MRFR/CO/6271-HCR

100 Pages

Tejas Chaudhary

October 2025

Metal Pipes Market Research Report, Information: by Material (Steel, Ductile Iron, Copper, others), Diameter (Up to 15 inches, and Above 15 inches), End-use (Oil & gas, Water & wastewater, Power, HVAC & electrical) and Region — Forecast till 2035

Single User

$ 4,950.0

Multiple License

$ 5,950.0

Enterprise User

$ 7,250.0

Summary Table of Contents Segmentation Download PDF

Metal Pipes Size

Metal Pipes Market Growth Projections and Opportunities

The Metal Pipes Market is influenced by various factors that contribute to its dynamics and growth. A key driver is the increasing demand for durable and versatile piping solutions across various industries. Metal pipes, including materials such as steel, stainless steel, aluminum, and copper, are widely used in applications ranging from construction and infrastructure to oil and gas, water supply, and industrial processes. The versatility, strength, and corrosion resistance of metal pipes make them essential components in numerous projects, propelling the demand for metal pipes globally. Raw material availability and pricing play a crucial role in the metal pipes market. The primary raw materials for manufacturing metal pipes include iron ore for steel pipes and various alloys for stainless steel, aluminum, and copper pipes. Fluctuations in the prices of these raw materials, influenced by factors such as market demand, supply chain disruptions, and geopolitical events, can impact the overall production cost of metal pipes. Ensuring a stable and cost-effective supply of high-quality raw materials is essential for manufacturers to maintain competitiveness in the market. Technological advancements in metal pipe production processes contribute to market growth. Innovations in manufacturing techniques, coatings, and joining methods lead to the development of pipes with improved corrosion resistance, strength, and performance characteristics. Continuous research and development in the industry drive advancements, expanding the applications of metal pipes in various sectors and influencing the market's expansion. End-user industries significantly influence the demand for metal pipes. The construction and infrastructure sectors are major consumers, utilizing metal pipes for applications such as water and gas distribution, structural components, and plumbing. Industries such as oil and gas, automotive, and manufacturing also contribute to the market as they require metal pipes for conveying fluids, structural support, and various industrial processes. Companies in the metal pipes sector need to understand the specific requirements of these end-user industries to tailor their products accordingly and meet market demands. Global economic conditions and infrastructure development play a role in shaping the metal pipes market. Changes in construction spending, urbanization trends, and government investments in infrastructure projects can impact the demand for metal pipes. Companies in the market must monitor global economic dynamics to ensure stability in their operations and explore new opportunities in emerging markets. Environmental considerations and sustainability are gaining importance in the metal pipes market. As awareness of environmental issues grows, there is an increasing emphasis on materials that are recyclable and have a lower environmental impact. Metal pipes, particularly those made from recycled materials, align well with sustainability goals. Companies adopting green manufacturing practices and promoting the environmental benefits of their metal pipes can gain a competitive edge. Consumer preferences for durability, corrosion resistance, and cost-effectiveness influence the metal pipes market. Engineers, contractors, and project managers seek piping solutions that offer long service life, resistance to environmental factors, and cost efficiency. Metal pipes, with their strength, versatility, and longevity, meet these preferences. Companies that focus on delivering metal pipes with consistent quality and performance can attract a broader customer base. Quality standards and certifications are crucial factors in the metal pipes market. Meeting industry standards for manufacturing, testing, and product quality is essential for gaining customer trust and regulatory compliance. Companies need to adhere to international standards and obtain certifications to ensure that their metal pipes meet the required specifications and performance criteria.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

Market Summary

As per Market Research Future Analysis, the Global Metal Pipes Market was valued at USD 154347.60 Million in 2024 and is projected to grow to USD 293668.18 Million by 2035, with a CAGR of 6.02% from 2025 to 2035. The growth is driven by increased pipeline construction in oil and gas, water, and wastewater sectors, alongside infrastructure development. The pandemic negatively impacted the market due to transport shortages and raw material unavailability, but recovery is anticipated as demand rises post-pandemic. Key challenges include competition from substitute products like plastic and iron pipes, and high raw material costs. The Asia Pacific region dominates the market with a 44% share, driven by countries like China and India, while North America is expected to see significant growth due to active manufacturing in oil and gas industries.

Key Market Trends & Highlights

The Metal Pipes Market is witnessing significant growth driven by various factors.

Market Size in 2024: USD 154347.60 Million. Projected Market Size by 2035: USD 293668.18 Million. CAGR from 2025 to 2035: 6.02%. Asia Pacific holds 44% market share.

Market Size & Forecast

2024 Market Size	USD 154347.60 Million
2035 Market Size	USD 293668.18 Million
CAGR (2024-2035)	6.02%
Dominant Region	Asia Pacific.

Major Players

Key players include Metal Culverts, Pacific Corrugated Pipe Company, Frankische Rohrwerke, PMA Flexa, JM Eagle, Teleflex, Adaptaflex, ADS, Corma, among others.

Market Trends

The Global Metal Pipes Market is poised for growth as infrastructure development and industrial expansion continue to drive demand across various sectors.

U.S. Department of Commerce

Metal Pipes Market Market Drivers

Energy Sector Expansion

The expansion of the energy sector, particularly in oil and gas, is significantly influencing the Global Metal Pipes Market Industry. Metal pipes are essential for transporting oil, gas, and other fluids safely and efficiently. With the global energy demand rising, investments in exploration and production activities are increasing, which in turn drives the need for high-quality metal piping solutions. The industry is poised for growth, with forecasts suggesting a market value of 289.9 USD Billion by 2035. This expansion indicates a robust compound annual growth rate of 5.9% from 2025 to 2035, highlighting the critical role of metal pipes in supporting energy infrastructure.

Market Growth Projections

The Global Metal Pipes Market Industry is projected to experience substantial growth over the coming years. With a market value expected to reach 154.3 USD Billion in 2024 and an anticipated increase to 289.9 USD Billion by 2035, the industry is poised for a compound annual growth rate of 5.9% from 2025 to 2035. This growth trajectory reflects the increasing demand for metal pipes across various sectors, including construction, energy, and water management. The market's expansion is indicative of the essential role that metal pipes play in supporting infrastructure and industrial applications globally.

Infrastructure Development

The ongoing global infrastructure development initiatives are a primary driver for the Global Metal Pipes Market Industry. Governments worldwide are investing heavily in transportation, water supply, and energy projects, which necessitate the use of metal pipes. For instance, the construction of new highways and bridges often requires robust piping systems to manage water drainage and utilities. This trend is expected to contribute to the market's growth, with projections indicating a market value of 154.3 USD Billion in 2024. As infrastructure projects expand, the demand for durable and reliable metal pipes is likely to increase, further propelling the industry forward.

Technological Advancements

Technological advancements in manufacturing processes are reshaping the Global Metal Pipes Market Industry. Innovations such as automated welding and advanced coating techniques enhance the quality and performance of metal pipes. These improvements not only increase production efficiency but also reduce costs, making metal pipes more accessible to various industries. As manufacturers adopt these technologies, the market is likely to see a surge in demand for high-performance piping solutions. This evolution in production capabilities aligns with the industry's growth projections, suggesting a robust future for metal pipes across multiple sectors.

Water Management Initiatives

Water management initiatives are becoming increasingly vital in addressing global water scarcity issues, thereby driving the Global Metal Pipes Market Industry. Governments and organizations are implementing projects to enhance water supply systems, wastewater treatment, and irrigation. Metal pipes are favored for their durability and resistance to corrosion, making them ideal for various water management applications. As urbanization continues to rise, the demand for efficient water distribution systems is expected to grow. This trend underscores the necessity for metal pipes, contributing to the industry's anticipated growth trajectory and reinforcing their importance in sustainable development.

Regulatory Compliance and Standards

Regulatory compliance and standards play a crucial role in shaping the Global Metal Pipes Market Industry. Governments are enforcing stringent regulations regarding safety, environmental impact, and quality standards for piping materials. Compliance with these regulations often necessitates the use of high-quality metal pipes that meet specific criteria. This regulatory landscape drives manufacturers to innovate and improve their products, ensuring they adhere to the latest standards. As industries strive to meet these requirements, the demand for compliant metal piping solutions is expected to rise, further fueling market growth.

Market Segment Insights

Regional Insights

Key Companies in the Metal Pipes Market market include

Industry Developments

February 2024: The Vibhor Steel initial public offering (IPO) received a strong reception from investors, as evidenced by the 61 subscriptions received on Wednesday, the second day of the tendering process. The issue, which is entirely new and comprises Rs 72 crore in equity, concludes tomorrow. Non-institutional investors drove the robust demand, with their category receiving 128 subscriptions, followed by retail investors with 64 subscriptions.

January 2024: East Pipes Integrated Company for Industry and the state-owned Saline Water Conversion Corporation (SWCC) entered into a significant contractual arrangement regarding the production and provision of steel pipes. The total value of the agreement exceeded $266.63 million. A thirty-month commitment to a long-term partnership is solidified by the conclusion of this significant contract between East Pipes and SWCC. This collaboration serves to emphasize the significance of steel conduit supply in projects involving critical infrastructure and is consistent with the overarching objective of addressing the increasing requirements for water infrastructure in the Kingdom of Saudi Arabia.

The financial magnitude of the contract is indicative of the magnitude and strategic significance of the endeavor. East Pipes, being a prominent participant in the sector, is positioned to contribute significantly to the implementation of this all-encompassing undertaking by supplying critical elements for the advancement and improvement of critical water infrastructure.

Metal Pipes Market Overview

Overall growth analysis of the market
Pandemic analysis
Market dynamics
Cumulative growth analysis
Value chain analysis
Market segmentation
Competitive landscape
Regional analysis
Key players
Recent updates

Future Outlook

Metal Pipes Market Future Outlook

The Global Metal Pipes Market is projected to grow at a 6.02% CAGR from 2025 to 2035, driven by infrastructure development, energy sector demands, and technological advancements.

New opportunities lie in:

Invest in advanced manufacturing technologies to enhance production efficiency and reduce costs. Explore sustainable materials to meet increasing environmental regulations and consumer preferences. Develop smart pipe systems integrated with IoT for real-time monitoring and maintenance solutions.

By 2035, the market is expected to achieve robust growth, positioning itself as a key player in global infrastructure.

Market Segmentation

Report Scope

Report Attribute/Metric	Details
Market Size 2024	USD 154347.6 Million
Market Size 2035	293668.18 (Value (USD Million))
Compound Annual Growth Rate (CAGR)	6.02% (2025 - 2035)
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2018 & 2022
Market Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Material, Diameter, End-use, Region
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries Covered	The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	ArcelorMIttal S.A. (Luxembourg), Compagnie de Saint-Gobain SA (France), Kaiser Aluminum Corporation (US), Northwest Pipe Company (US), Saudi Arabian Amiantit Company (Saudi Arabia), Muller Industries, Inc. (US), Narsk Hydro ASA (US), Nippon Steel and Sumitomo Metals (Japan), TMK Group (Russia), and Tenaris SA (Luxembourg).
Key Market Opportunities	Increase in the investment in water-related infrastructure and service
Key Market Dynamics	· Increasing construction of new pipelines, replacement of old and obsolete pipeline across industries, such as oil & gas, water & wastewater, and infrastructure development · Demand for potable water is rising and it is triggering changes in water supply structure
Market Size 2025	163642.45 (Value (USD Million))

Market Highlights

Author

Tejas Chaudhary

Research Analyst Level II

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

Latest Comments

John Doe

john@example.com

This is a great article! Really helped me understand the topic better.

Posted on July 23, 2025, 10:15 AM

Jane Smith

jane@domain.com

Thanks for sharing this. I’ve bookmarked it for later reference.

Posted on July 22, 2025, 7:45 PM

View All

FAQs

What would be the metal pipes market CAGR during the forecast period (2024-2032)?

Metal pipes market would have a CAGR of 6.02% during the forecast period.

What would be the valuation of the metal pipes market by 2032?

Metal Pipes market valuation would be USD 145200 Million

Which region would dominate the metal pipes market?

North America would dominate the metal pipes market.

What would drive the metal pipes market in Asia Pacific?

Demand for potable water is rising and it is triggering changes in water supply structure, which would drive the metal pipes market.

Name the companies involved in the metal pipes market.

Companies involved in metal pipes market Compagnie de Saint-Gobain SA (France), ArcelorMIttal S.A. (Luxembourg), Northwest Pipe Company (US), Kaiser Aluminum Corporation (US), Muller Industries, Inc. (US), Saudi Arabian Amiantit Company (Saudi Arabia), TMK Group (Russia), Nippon Steel and Sumitomo Metals (Japan), Narsk Hydro ASA (US), and Tenaris SA (Luxembourg).

|- Table of Contents
1 Executive Summary
2 Scope of the Report
1. Market Definition
2. Scope of the Study
  1. Definition
  2. Research Objectives
  3. Assumptions
  4. Limitations
3. Research Process
  1. Primary Research
  2. Secondary Research
4. Market Size Estimation
5. Forecast Model
3 Market Landscape
1. Porter’s Five Forces Analysis
  1. Threat of New Entrants
  2. Bargaining Power of buyers
  3. Threat of Substitutes
  4. Segment Rivalry
  5. Bargaining Power of Buyers
2. Value Chain/Supply Chain Analysis
4 Market Dynamics
1. Introduction
2. Market Drivers
3. Market Restraints
4. Market Opportunities
5 Global Metal Pipes Market, by Material
1. Introduction
2. Steel
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
3. Ductile Iron
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
4. Copper
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
5. Others
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
6 Global Metal Pipes Market, by Diameter
1. Introduction
2. Up to 15 inches
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
3. Above 15 inches
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
7 Global Metal Pipes Market, by End-use
1. Introduction
2. Oil & Gas
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
3. Water & wastewater
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
4. Power
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
5. HVAC & electrical
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
6. Others
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Region, 2020-2027
8 Global Metal Pipes Market, by Region
1. Introduction
2. North America
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Material, 2020-2027
  3. Market Estimates & Forecast, by Diameter, 2020-2027
  4. Market Estimates & Forecast, by End-use, 2020-2027
  5. US
  6. Canada
3. Europe
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Material, 2020-2027
  3. Market Estimates & Forecast, by Diameter, 2020-2027
  4. Market Estimates & Forecast, by End-use, 2020-2027
  5. UK
  6. Germany
  7. France
  8. Italy
  9. Rest of Europe
4. Asia-Pacific
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Material, 2020-2027
  3. Market Estimates & Forecast, by Diameter, 2020-2027
  4. Market Estimates & Forecast, by End-use, 2020-2027
  5. China
  6. Japan
  7. India
  8. Rest of Asia-Pacific
5. Rest of the World
  1. Market Estimates & Forecast, 2020-2027
  2. Market Estimates & Forecast, by Material, 2020-2027
  3. Market Estimates & Forecast, by Diameter, 2020-2027
  4. Market Estimates & Forecast, by End-use, 2020-2027
9 Competitive Landscape
10 Company Profile
1. ArcelorMIttal S.A. (Luxembourg)
  1. Company Overview
  2. Products/Services Offering
  3. Financial Overview
  4. Key Developments
  5. Key Strategies
  6. SWOT Analysis
2. Compagnie de Saint-Gobain SA (France)
10.2.1 Company Overview
1. Products/Services Offering
  1. Financial Overview
  2. Key Developments
  3. Key Strategies
  4. SWOT Analysis
2. Kaiser Aluminum Corporation (US)
10.3.1 Company Overview
1. Products/Services Offering
  1. Financial Overview
  2. Key Developments
  3. Key Strategies
  4. SWOT Analysis
2. Northwest Pipe Company (US)
  1. Company Overview
  2. Products/Services Offering
  3. Financial Overview
  4. Key Developments
  5. Key Strategies
  6. SWOT Analysis
3. Saudi Arabian Amiantit Company (Saudi Arabia)
10.5.1 Company Overview
1. Products/Services Offering
  1. Financial Overview
  2. Key Developments
  3. Key Strategies
  4. SWOT Analysis
2. Muller Industries, Inc. (US)
  1. Company Overview
  2. Products/Services Offering
  3. Financial Overview
  4. Key Developments
  5. Key Strategies
  6. SWOT Analysis
3. Narsk Hydro ASA (US)
  1. Company Overview
  2. Products/Services Offering
  3. Financial Overview
  4. Key Developments
  5. Key Strategies
  6. SWOT Analysis
4. Nippon Steel and Sumitomo Metals (Japan)
10.8.1 Company Overview
1. Products/Services Offering
  1. Financial Overview
  2. Key Developments
  3. Key Strategies
  4. SWOT Analysis
2. TMK Group (Russia)
  1. Company Overview
  2. Products/Services Offering
  3. Financial Overview
  4. Key Developments
  5. Key Strategies
  6. SWOT Analysis
3. Tenaris SA (Luxembourg)
10.10.1 Company Overview
1. Products/Services Offering
  1. Financial Overview
  2. Key Developments
  3. Key Strategies
  4. SWOT Analysis
List of Tables and Figures
1. List of Tables
2. Table 1 Global Metal Pipes Market: by Region, 2020-2027
3. Table 2 North America Metal Pipes Market, by Country, 2020-2027
4. Table 3 Europe Metal Pipes Market, by Country, 2020-2027
5. Table 4 Asia-Pacific Metal Pipes Market, by Country, 2020-2027
6. Table 5 RoW Metal Pipes Market, by Country, 2020-2027
7. Table 6 Global Metal Pipes Market, by Material, by Regions, 2020-2027
8. Table 7 North America Metal Pipes Market, by Material, by Country, 2020-2027
9. Table 8 Europe Metal Pipes Market, by Material, by Country, 2020-2027
10. Table 9 Asia-Pacific Metal Pipes Market, by Material, by Country, 2020-2027
11. Table 10 RoW Metal Pipes Market, by Material, by Country, 2020-2027
12. Table 11 Global Metal Pipes Market, by Diameter, by Regions, 2020-2027
13. Table 12 North America Metal Pipes Market, by Diameter, by Country, 2020-2027
14. Table 13 Europe Metal Pipes Market, by Diameter, by Country, 2020-2027
15. Table 14 Asia-Pacific Metal Pipes Market, by Diameter, by Country, 2020-2027
16. Table 15 RoW Metal Pipes Market, by Diameter, by Country, 2020-2027
17. Table 16 Global Metal Pipes Market by End-use, by Regions, 2020-2027
18. Table 17 North America Metal Pipes Market by End-use, by Country, 2020-2027
19. Table 18 Europe Metal Pipes Market by End-use, by Country, 2020-2027
20. Table 19 Asia-Pacific Metal Pipes Market by End-use, by Country, 2020-2027
21. Table 20 RoW Metal Pipes Market by End-use, by Country, 2020-2027
22. Table 21 Global Metal Pipes Market: by Region, 2020-2027
23. Table 22 Global Metal Pipes Market: by Material, 2020-2027
24. Table 23 Global Metal Pipes Market: by Diameter, 2020-2027
25. Table 24 Global Metal Pipes Market: by End-use, 2020-2027
26. Table 25 North America Metal Pipes Market, by Country
27. Table 26 North America Metal Pipes Market, by Material
28. Table 27 North America Metal Pipes Market, by Diameter
29. Table 28 North America Metal Pipes Market, by End-use
30. Table 29 Europe: Metal Pipes Market, by Country
31. Table 30 Europe: Metal Pipes Market, by Material
32. Table 31 Europe: Metal Pipes Market, by Diameter
33. Table 32 Europe: Metal Pipes Market, by End-use
34. Table 33 Asia-Pacific: Metal Pipes Market, by Country
35. Table 34 Asia-Pacific: Metal Pipes Market, by Material
36. Table 35 Asia-Pacific: Metal Pipes Market, by Diameter
37. Table 36 Asia-Pacific: Metal Pipes Market, by End-use
38. Table 37 RoW: Metal Pipes Market, by Region
39. Table 38 RoW Metal Pipes Market, by Material
40. Table 39 RoW Metal Pipes Market, by Diameter
41. Table 40 RoW Metal Pipes Market, by End-use List of Figures
42. FIGURE 1 Research Process of MRFR
43. FIGURE 2 Top-Down and Bottom-up Approach
44. FIGURE 3 Market Dynamics
45. FIGURE 4 Impact Analysis: Market Drivers
46. FIGURE 5 Impact Analysis: Market Restraints
47. FIGURE 6 Porter’s Five Forces Analysis
48. FIGURE 7 Value Chain Analysis
49. FIGURE 8 Global Metal Pipes Market Share, by Material, 2020 (%)
50. FIGURE 9 Global Metal Pipes Market, by Material, 2020-2027 (USD MILLION)
51. FIGURE 10 Global Metal Pipes Market Share, by Diameter, 2020 (%)
52. FIGURE 11 Global Metal Pipes Market, by Diameter, 2020-2027 (USD MILLION)
53. FIGURE 12 Global Metal Pipes Market Share, by End-use, 2020 (%)
54. FIGURE 13 Global Metal Pipes Market, by End-use, 2020-2027 (USD MILLION)
55. FIGURE 14 Global Metal Pipes Market Share (%), by Region, 2020
56. FIGURE 15 Global Metal Pipes Market, by Region, 2020-2027 (USD MILLION)
57. FIGURE 16 North America Metal Pipes Market Share (%), 2020
58. FIGURE 17 No7rth America Metal Pipes Market, by Country, 2020-2027 (USD MILLION)
59. FIGURE 18 Europe Metal Pipes Market Share (%), 2020
60. FIGURE 19 Europe Metal Pipes Market, by Country, 2020-2027 (USD MILLION)
61. FIGURE 20 Asia-Pacific Metal Pipes Market Share (%), 2020
62. FIGURE 21 Asia-Pacific Metal Pipes Market, by Country, 2020–2027 (USD MILLION)
63. FIGURE 22 Rest of the World Metal Pipes Market Share (%), 2020
64. FIGURE 23 Rest of the World Metal Pipes Market, by Country, 2020–2027 (USD MILLION)

Metal Pipes Market Segmentation

Market Segmentation Overview

Detailed segmentation data will be available in the full report
Comprehensive analysis by multiple parameters
Regional and country-level breakdowns
Market size forecasts by segment

Free Sample Request

Kindly complete the form below to receive a free sample of this Report

Customer Strories

“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

Victoria Milne

Founder

Case Study

Chemicals and Materials

Global Magnesium Sulfate Market – Forecast till 2027