Market Overview:
The global automotive stainless steel tube market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for automobiles and the growing trend of lightweight vehicles. In terms of volume, the welded stainless steel tube segment is projected to grow at a higher CAGR than the seamless stainless steel tube segment during the forecast period. The welded stainless steel tubes are mainly used in exhaust systems, motor and fuel systems, and others applications such as air-conditioning systems, power steering units, etc. The most proportion of automotive stainless steel tubes are exhaust system and it accounted for 71% share in 2018. North America held the largest share of 43% in 2017 while Asia Pacific is projected to be fastest growing region with a CAGR of 6%.
Product Definition:
An automotive stainless steel tube is a metal tubing that is used in automobiles for various purposes. The most common use of automotive stainless steel tubes is as exhaust pipes, but they can also be used for other purposes such as fuel lines, brake lines, and radiator hoses. Automotive stainless steel tubes are important because they are resistant to corrosion and rusting, which can cause damage to the car's internal systems.
Welded Stainless Steel Tube:
Welded stainless steel tube is a type of stainless steel tube manufactured by welding two or more pieces of metal together. The process requires special equipment and techniques which are not used for normal production processes. It has various advantages over the single piece welded tubes, in terms of strength and corrosion resistance among others.
The global market size was valued at USD 1,849.1 million in 2016.
Seamless Stainless Steel Tube:
Stainless steel tube is a structural component manufactured from high carbon chromium, ferritic or martensitic stainless steel. It is generally produced in the form of seamless tubes and can be used for applications requiring high strength and corrosion resistance such as fuel nozzles, exhaust pipes, downpipes among others.
Application Insights:
The exhaust system application segment accounted for the largest share in 2018. Stainless steel is used to manufacture mufflers, which are integrated with catalytic converters and other emission control devices in vehicles. The use of stainless steel tubes enables a reduction in weight as compared to other materials, thereby improving fuel efficiency and reducing CO2 emissions. In addition, the use of seamless tubes reduces sound levels by about 10 dB (A) when compared with welded tubes of similar size.
Other applications include body structure, motor/engine mounts & supports, transmission case covers & housings along with various others such as instrument panel beams and front end structures that require heavy-duty strength at a reasonable cost per unit length.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth of this region is attributed to rising disposable income, increasing population, and growing automotive production in countries such as China and India. In addition, favorable government regulations for manufacturing vehicles with lesser emissions are anticipated to boost demand for stainless steel tube in this region. Europe accounted for a significant share of global market revenue owing to stringent emission norms set by European Union (EU) governments coupled with high demand from local manufacturers pertaining to these norms has resulted in higher sales volumes of passenger cars and LCVs over the past few years which will positively impact industry growth over the next eight years.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries
- Stringent emission norms by regulatory authorities across the globe
- Increasing demand for lightweight vehicles to improve fuel efficiency
- Growing popularity of luxury and sports cars
- Introduction of new alloys and materials that offer better performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Stainless Steel Tube Market Research Report
By Type
Welded Stainless Steel Tube, Seamless Stainless Steel Tube, The proportion of welded stainless steel tube in 2018 is about 54%.
By Application
Exhaust System, Motor and Fuel System, Others, The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
By Companies
Nippon Steel & Sumitomo Metal, Pohang Iron & Steel, Baosteel, JFE Steel, ThyssenKrupp, AK Steel, ArcelorMittal, Salzgitter AG, Centravis, Sandvik Group, Outokompu, Fischer Group, Tubacex, CSM Tube, Maxim Tubes Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Stainless Steel Tube Market Report Segments:
The global Automotive Stainless Steel Tube market is segmented on the basis of:
Types
Welded Stainless Steel Tube, Seamless Stainless Steel Tube, The proportion of welded stainless steel tube in 2018 is about 54%.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Exhaust System, Motor and Fuel System, Others, The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nippon Steel & Sumitomo Metal
- Pohang Iron & Steel
- Baosteel
- JFE Steel
- ThyssenKrupp
- AK Steel
- ArcelorMittal
- Salzgitter AG
- Centravis
- Sandvik Group
- Outokompu
- Fischer Group
- Tubacex
- CSM Tube
- Maxim Tubes Company
Highlights of The Automotive Stainless Steel Tube Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Welded Stainless Steel Tube
- Seamless Stainless Steel Tube
- The proportion of welded stainless steel tube in 2018 is about 54%.
- By Application:
- Exhaust System
- Motor and Fuel System
- Others
- The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Stainless Steel Tube Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive stainless steel tube is a type of stainless steel that is used in the manufacturing of automotive parts and components. It has a higher resistance to corrosion than other types of stainless steel, making it ideal for use in areas where water or other chemicals are likely to be present.
Some of the major players in the automotive stainless steel tube market are Nippon Steel & Sumitomo Metal, Pohang Iron & Steel, Baosteel, JFE Steel, ThyssenKrupp, AK Steel, ArcelorMittal, Salzgitter AG, Centravis, Sandvik Group, Outokompu, Fischer Group, Tubacex, CSM Tube, Maxim Tubes Company.
The automotive stainless steel tube market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Stainless Steel Tube Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Stainless Steel Tube Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Stainless Steel Tube Market - Supply Chain
4.5. Global Automotive Stainless Steel Tube Market Forecast
4.5.1. Automotive Stainless Steel Tube Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Stainless Steel Tube Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Stainless Steel Tube Market Absolute $ Opportunity
5. Global Automotive Stainless Steel Tube Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Stainless Steel Tube Market Size and Volume Forecast by Type
5.3.1. Welded Stainless Steel Tube
5.3.2. Seamless Stainless Steel Tube
5.3.3. The proportion of welded stainless steel tube in 2018 is about 54%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Stainless Steel Tube Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
6.3.1. Exhaust System
6.3.2. Motor and Fuel System
6.3.3. Others
6.3.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Stainless Steel Tube Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Stainless Steel Tube Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Stainless Steel Tube Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Stainless Steel Tube Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Stainless Steel Tube Demand Share Forecast, 2019-2026
9. North America Automotive Stainless Steel Tube Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Stainless Steel Tube Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
9.4.1. Exhaust System
9.4.2. Motor and Fuel System
9.4.3. Others
9.4.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Stainless Steel Tube Market Size and Volume Forecast by Type
9.7.1. Welded Stainless Steel Tube
9.7.2. Seamless Stainless Steel Tube
9.7.3. The proportion of welded stainless steel tube in 2018 is about 54%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Stainless Steel Tube Demand Share Forecast, 2019-2026
10. Latin America Automotive Stainless Steel Tube Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Stainless Steel Tube Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
10.4.1. Exhaust System
10.4.2. Motor and Fuel System
10.4.3. Others
10.4.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Stainless Steel Tube Market Size and Volume Forecast by Type
10.7.1. Welded Stainless Steel Tube
10.7.2. Seamless Stainless Steel Tube
10.7.3. The proportion of welded stainless steel tube in 2018 is about 54%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Stainless Steel Tube Demand Share Forecast, 2019-2026
11. Europe Automotive Stainless Steel Tube Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Stainless Steel Tube Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
11.4.1. Exhaust System
11.4.2. Motor and Fuel System
11.4.3. Others
11.4.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Stainless Steel ube Market Size and Volume Forecast by Type
11.7.1. Welded Stainless Steel Tube
11.7.2. Seamless Stainless Steel Tube
11.7.3. The proportion of welded stainless steel tube in 2018 is about 54%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Stainless Steel Tube Demand Share, 2019-2026
12. Asia Pacific Automotive Stainless Steel Tube Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Stainless Steel Tube Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
12.4.1. Exhaust System
12.4.2. Motor and Fuel System
12.4.3. Others
12.4.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Stainless Steel Tube Market Size and Volume Forecast by Type
12.7.1. Welded Stainless Steel Tube
12.7.2. Seamless Stainless Steel Tube
12.7.3. The proportion of welded stainless steel tube in 2018 is about 54%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Stainless Steel Tube Demand Share, 2019-2026
13. Middle East & Africa Automotive Stainless Steel Tube Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Stainless Steel Tube Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Stainless Steel Tube Market Size and Volume Forecast by Application
13.4.1. Exhaust System
13.4.2. Motor and Fuel System
13.4.3. Others
13.4.4. The most proportion of automotive stainless steel tube is exhaust system, and the proportion in 2018 is 71%.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Stainless Steel Tube Market Size and Volume Forecast by Type
13.7.1. Welded Stainless Steel Tube
13.7.2. Seamless Stainless Steel Tube
13.7.3. The proportion of welded stainless steel tube in 2018 is about 54%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Stainless Steel Tube Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Stainless Steel Tube Market: Market Share Analysis
14.2. Automotive Stainless Steel Tube Distributors and Customers
14.3. Automotive Stainless Steel Tube Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nippon Steel & Sumitomo Metal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pohang Iron & Steel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Baosteel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. JFE Steel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ThyssenKrupp
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AK Steel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ArcelorMittal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Salzgitter AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Centravis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sandvik Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Outokompu
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fischer Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tubacex
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CSM Tube
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Maxim Tubes Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developm
