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The Stainless Tubes are made of stainless steel round steel, plate (flat plate or coiled plate), hollow long strip steel products processed by special process, steel with open ends and hollow section, and its length and section circumference are relatively large. It includes various shapes such as a circular tube, a square tube, an elliptical tube, and a triangular tube. Because the stainless steel pipe has a hollow section, it has the excellent performance characteristics of stainless steel and low maintenance cost. It is suitable as a conveying pipe for liquids, gases, etc. Stainless Tubes are one of the important products in the steel industry and is extremely used widely in the national economy.
At present, global Stainless Tubes industry shows a very low concentration. Among the manufacturers, ThyssenKrupp, Tenaris, Pohang Iron & Steel (POSCO), Baosteel and Centravis are the top five largest manufacturers around the globe and about 7.99% of the total products are produced by these five companies in 2019.
In terms of geography, China dominates the global Stainless Tubes market followed by Europe and North America. China was the largest production market of Stainless Tubes, and accounted for 45.09% of market share in 2019.
Market Analysis and Insights: Global Stainless Tube Market
The global Stainless Tube market was valued at US$ 33700 million in 2019 and it is expected to reach US$ 43500 million by the end of 2026, growing at a CAGR of 4.6% during 2021-2026.
Global Stainless Tube Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Stainless Tube Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Welded
Seamless
Segment by Application
Oil and Gas
Food Industry
Automotive
Power Industry
Chemical Industry
Construction
Water Treatment
By Company
ThyssenKrupp
Tenaris
Pohang Iron & Steel (POSCO)
Baosteel
Centravis
Tubacex
ArcelorMittal
Nippon Steel & Sumitomo Metal (NSSMC)
Outokumpu
Tianjin Pipe (Group) Corporation
Zhejiang JIULI Hi-tech Metals
TISCO
Sandvik
Tata Steel
Butting
Tsingshan
JFE
AK Steel
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
At present, global Stainless Tubes industry shows a very low concentration. Among the manufacturers, ThyssenKrupp, Tenaris, Pohang Iron & Steel (POSCO), Baosteel and Centravis are the top five largest manufacturers around the globe and about 7.99% of the total products are produced by these five companies in 2019.
In terms of geography, China dominates the global Stainless Tubes market followed by Europe and North America. China was the largest production market of Stainless Tubes, and accounted for 45.09% of market share in 2019.
Market Analysis and Insights: Global Stainless Tube Market
The global Stainless Tube market was valued at US$ 33700 million in 2019 and it is expected to reach US$ 43500 million by the end of 2026, growing at a CAGR of 4.6% during 2021-2026.
Global Stainless Tube Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Stainless Tube Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Welded
Seamless
Segment by Application
Oil and Gas
Food Industry
Automotive
Power Industry
Chemical Industry
Construction
Water Treatment
By Company
ThyssenKrupp
Tenaris
Pohang Iron & Steel (POSCO)
Baosteel
Centravis
Tubacex
ArcelorMittal
Nippon Steel & Sumitomo Metal (NSSMC)
Outokumpu
Tianjin Pipe (Group) Corporation
Zhejiang JIULI Hi-tech Metals
TISCO
Sandvik
Tata Steel
Butting
Tsingshan
JFE
AK Steel
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
