Press release
Stainless Steel Pipes and Tubes Market, Share, Development forecast to 2024
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.
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Global Stainless Steel Pipes and Tubes Market: Forecast by Type / Application / Region
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.
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 worldwide market for Stainless Steel Pipes and Tubes is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 39200 million US$ in 2024, from 32400 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Stainless Steel Pipes and Tubes in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
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
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Related Information:
United States Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
Europe Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
North America Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
Asia-Pacific Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
China Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
EMEA Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
Global Stainless Steel Pipes and Tubes Market 2018 Forecast to 2023
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