Market Overview:
The global automotive plain carbon ERW tube market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The global automotive plain carbon ERW tube market has been segmented on the basis of type, application and region. On the basis of type, frames, suspension, exhaust and others have been considered. Passenger car is expected to account for a major share of the global automotive plain carbon ERW tube market during the forecast period owing to rising demand for luxury cars across different regions. Commercial vehicle is also anticipated to witness significant growth during the forecast period owing increased adoption in developed countries such as U.S.
Product Definition:
An automotive plain carbon ERW tube is a type of steel tubing that is used in the manufacturing of automobiles. It is made from high-quality carbon steel and has been specifically designed for use in this application. The tube is used to create various automotive parts, such as body panels, exhaust systems, and chassis components.
Frames:
The global frames market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for lightweight vehicles with high fuel efficiency is anticipated to drive the growth of this industry over the forecast period.
ERW tubes are used in automotive applications as structural members, sealing elements, gaskets,.
Suspension:
Suspension is a system of interconnected springs, arms, or beams that allows the body to rebound after it has been hit by a collision or jolt. The driver controls the vehicle by controlling the movement of these components through brakes and accelerator. In an automobile, suspension systems are made up of springs, shock absorbers (dampeners), arms and links (swingarms), among others.
Application Insights:
The commercial vehicle segment accounted for the largest revenue share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The increasing need for lightweight materials with high strength and stiffness in commercial vehicles, such as trucks, buses, coaches among others is expected to be a major factor driving demand from this segment.
Passenger car application segment was estimated at USD 1,252.5 million in 2017 owing to increased use of passenger cars that have been designed using automotive plain carbon steel ERW tubes due to its low cost and easy availability coupled with good mechanical properties such as yield strength & ultimate stress point which makes it suitable for use in various components including front end structures & fenders among others.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 60% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing automotive production and sales, especially in China, India, Japan and South Korea. In addition, rising disposable income levels coupled with an expanding middle-class population group will boost automobile demand over the coming years.
The European plain carbon ERW tube market is anticipated to grow at a significant rate during the forecast period due to stringent government regulations regarding vehicular emissions coupled with growing consumer awareness regarding fuel economy. In addition, technological advancements such as lightweight materials used for manufacturing are likely to contribute towards industry growth over the next eight years.
North America accounted for more than 20% of total market share in terms of volume owing high demand from U S based automakers including Ford Motors Company; General Motors Company; and Tesla Inc.
Growth Factors:
- Increasing demand for lightweight vehicles: The automotive industry is witnessing a shift towards the development of lightweight vehicles in order to improve fuel efficiency. This is driving the demand for automotive plain carbon ERW tubes, which are lighter in weight as compared to other tube types.
- Growing popularity of electric and hybrid vehicles: The increasing popularity of electric and hybrid vehicles is boosting the demand for automotive plain carbon ERW tubes, as these vehicles require high-quality tubing products that can withstand high temperatures and stress levels.
- Rising investments in vehicle safety: Governments across the globe are investing heavily in vehicle safety initiatives, which is leading to an increase in the adoption of advanced technologies such as automated emergency braking (AEB) systems and lane departure warning systems (LDWS). This is fueling the need for high-quality automotive plain carbon ERW tubes.
- Proliferation of online retail channels: The proliferation of online retail channels has led to an increase in consumer demand for aftermarket auto parts and accessories. This is benefiting the growth prospects of the global automotive plain carbon ERW tube market players operating in this space by providing them with a wider customer base from which to draw sales revenue streams.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Plain Carbon ERW Tube Market Research Report
By Type
Frames, Suspension, Exhaust, Others
By Application
Passenger Car, Commercial Vehicle
By Companies
JFE Steel Corporation, AK Steel Corporation, Innoventive Industries, Hyundai Steel, Nippon Steel Corporation, Tata Precision Tubes, Jindal Pipes, ArcelorMittal, Tubular Steel, Rexal Tubes
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Plain Carbon ERW Tube Market Report Segments:
The global Automotive Plain Carbon ERW Tube market is segmented on the basis of:
Types
Frames, Suspension, Exhaust, Others
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
Passenger Car, Commercial Vehicle
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:
- JFE Steel Corporation
- AK Steel Corporation
- Innoventive Industries
- Hyundai Steel
- Nippon Steel Corporation
- Tata Precision Tubes
- Jindal Pipes
- ArcelorMittal
- Tubular Steel
- Rexal Tubes
Highlights of The Automotive Plain Carbon ERW 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:
- Frames
- Suspension
- Exhaust
- Others
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Plain Carbon ERW 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.
How you may use our products:
- Correctly Positioning New Products
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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 Plain Carbon ERW Tube is a type of carbon fiber tube that is used in the automotive industry. It is made from high-quality carbon fiber material and has excellent strength, durability, and heat resistance. This tube can be used to create various parts for cars, including fuel tanks, engine blocks, exhaust systems, and more.
Some of the major companies in the automotive plain carbon erw tube market are JFE Steel Corporation, AK Steel Corporation, Innoventive Industries, Hyundai Steel, Nippon Steel Corporation, Tata Precision Tubes, Jindal Pipes, ArcelorMittal, Tubular Steel, Rexal Tubes.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Plain Carbon ERW Tube Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Plain Carbon ERW Tube Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Plain Carbon ERW Tube Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Plain Carbon ERW Tube Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Plain Carbon ERW Tube Market Size & Forecast, 2018-2028
4.5.1 Automotive Plain Carbon ERW Tube Market Size and Y-o-Y Growth
4.5.2 Automotive Plain Carbon ERW Tube Market Absolute $ Opportunity
Chapter 5 Global Automotive Plain Carbon ERW Tube Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Plain Carbon ERW Tube Market Size Forecast by Type
5.2.1 Frames
5.2.2 Suspension
5.2.3 Exhaust
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Plain Carbon ERW Tube Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Plain Carbon ERW Tube Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Plain Carbon ERW Tube Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Plain Carbon ERW Tube Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Plain Carbon ERW Tube Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Plain Carbon ERW Tube Market Size Forecast by Type
9.6.1 Frames
9.6.2 Suspension
9.6.3 Exhaust
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Plain Carbon ERW Tube Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Plain Carbon ERW Tube Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Plain Carbon ERW Tube Market Size Forecast by Type
10.6.1 Frames
10.6.2 Suspension
10.6.3 Exhaust
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Plain Carbon ERW Tube Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Plain Carbon ERW Tube Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Plain Carbon ERW Tube Market Size Forecast by Type
11.6.1 Frames
11.6.2 Suspension
11.6.3 Exhaust
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Plain Carbon ERW Tube Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Plain Carbon ERW Tube Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Plain Carbon ERW Tube Market Size Forecast by Type
12.6.1 Frames
12.6.2 Suspension
12.6.3 Exhaust
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Plain Carbon ERW Tube Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Plain Carbon ERW Tube Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Plain Carbon ERW Tube Market Size Forecast by Type
13.6.1 Frames
13.6.2 Suspension
13.6.3 Exhaust
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Plain Carbon ERW Tube Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Plain Carbon ERW Tube Market: Competitive Dashboard
14.2 Global Automotive Plain Carbon ERW Tube Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JFE Steel Corporation
14.3.2 AK Steel Corporation
14.3.3 Innoventive Industries
14.3.4 Hyundai Steel
14.3.5 Nippon Steel Corporation
14.3.6 Tata Precision Tubes
14.3.7 Jindal Pipes
14.3.8 ArcelorMittal
14.3.9 Tubular Steel
14.3.10 Rexal Tubes
