Adroit Market Research
Global Stainless Steel Pipes and Tubes Market Size 2018 By Product (Seamless, Welded), By Application (Oil & Gas, Food Industry, Automotive, Power, Chemical, Construction, Others), By Region, and Forecast 2019 to 2025
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Global Stainless Steel Pipes and Tubes Market Size worth USD 24.26 billion by 2025 • Nonetheless, the construction industry is a vital application area of these category products. At present, square seamless steel pipe is widely used in high-rise buildings. Semi-axle of automobiles and bicycle frame is made of seamless round tubes and pipes. Oil pipeline, natural gas pipeline, machinery industry are some of the key application areas of seamless steel pipes and tubes. • Welded pipes and tubes are widely used in boilers, ship building, automobiles, light weight structures, steel doors and windows, furniture, scaffolding, agricultural machinery, top shelves, wire conduit, containers, etc. Another usage of welded pipe is to carry sewage, and conveying water, air, gas, steam, heating, and other low pressure fluid applications. • Cylindrical and the square shape of the stainless steel pipes and tubes are obtained with the help of various welding techniques that can be divided in to electric arc welding tube, high frequency or low frequency electric resistance welding, furnace welding, etc. Electric resistant welded steel tubes are deployed in machinery manufacturing and oil drilling. Longitudinal submerge-arc welding pipes can be used for high pressure straight oil and gas transportation and other such applications, while furnace tube welding pipes are used in water gas pipeline.
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Global Stainless Steel Pipes and Tubes Market Size worth USD 24.26 billion by 2025 • Research and innovation are likely to increase the number of steel industry applications. For example, Volkswagen chose to replace aluminum with high tensile steel, which is about 6 times stronger than conventional steel and would reduce the weight of cars by 100 kg with a consequent cost reduction. Using advanced high-strength steel (AHSS) has delivered excellent crash test performance to trucks. •
The high strength attribute of steel is projected to increase its consumption during the years ahead for the processing of stainless steel pipes and tubes.
• Global Stainless Steel Pipes and Tubes Industry to Attract Water Treatment Sector In 2019 • Application areas of stainless steel tubes and pipes include water treatment and waste management • Chloride content in water is still a critical parameter for stainless steel pipes and tubes. Hence, there lies a huge scope for the development in stainless steel pipes and tubes in water application. • Renovation and replacement of old distribution systems is widely observed and reported worldwide • Key players in this market include, ThyssenKrupp AG, Tata Steel (TISCO), Tenaris, Pohang Iron & Steel (POSCO), Baosteel Group, CENTRAVIS, TUBACEX S.A, Arcelor Mittal, NIPPON STEEL CORPORATION, Outokumpu, TPCO Enterprise, Inc., Jiuli Group, Sandvik AB, BUTTING Group, Tsinghan Holding Group Co., Ltd., JFE Steel Corporation, AK Steel, and Ratnamani Metals & Tubes Limited. +1 (214) 884-6068
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Adroit Market Research Key segments of the global stainless steel pipes and tubes market Product Overview, 2015-2025 (USD Million) (Kilo Tons) • Seamless • Welded Application Overview, 2015-2025 (USD Million) (Kilo Tons) • Oil & Gas • Food Industry • Automotive • Power • Chemical • Construction • Others (Water treatment, cookware, etc.) Regional Overview, 2015-2025 (USD Million): North America, Europe, Asia Pacific, South America, Middle East & Africa
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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.
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