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Stainless Steel Pipes and Tubes Market Will Surge at 4.1% CAGR to Reach 42800 Million US$ by the End of 2025

 

Los Angeles, CA -- (SBWIRE) -- 08/07/2019 -- This report studies the Stainless Steel Pipes and Tubes market. The stainless steel pipes and 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 steel pipes and tubes are one of the important products in the steel industry and is extremely used widely in the national economy.

At present, global Stainless Steel Pipes and 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 7.94% of the total products are produced by these five companies.

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In the future, it is estimated that global Stainless Steel Pipes and Tubes will continue rising with a stable growth rate and more and more investors will enter into this industry due to the relatively high profit of production and sales of Stainless Steel Pipes and Tubes. With the expanding production capacity and other uncertain factors, the manufacturers will face the high risk of further price and gross margin decline in the next years.

The global Stainless Steel Pipes and Tubes market is valued at 32400 million US$ in 2018 is expected to reach 42800 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.

This report focuses on Stainless Steel Pipes and Tubes volume and value at global level, regional level and company level. From a global perspective, this report represents overall Stainless Steel Pipes and Tubes market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Seamless Pipes and Tubes

Welded Pipes and Tubes

Segment by Application

Oil and Gas

Food Industry

Automotive

Power Industry

Chemical Industry

Construction

Water Treatment

Others

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