Market Overview:
The global high-end seamless steel 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 high-end seamless steel tubes from various end-use industries such as power industry, oil & gas, nuclear industry, construction machinery, boiler industry and others. On the basis of type, the global high-end seamless steel tube market has been segmented into hot rolled seamless steel tube and cold rolled seamless steel tube. The hot rolled segment is expected to account for a major share of the global market during the forecast period owing to its properties such as strength and durability. On the basis of application, the global high-end seamless steel tube market has been segmented into power industry, oil & gas sector Nuclear Industry,, construction machinery sector,, boiler industry and others. Among these applications segments ,the power Industry accounted for a major share in 2017and it is projected that this trend will continue over th e forecast period .
Product Definition:
A high-end seamless steel tube is a hollow steel bar with a round, square, or rectangular cross-section and no seams along the length of the tube. It is used in applications where strength, precision, and corrosion resistance are important factors.
Hot Rolled Seamless Steel Tube:
Hot Rolled Seamless Steel Tube (HRSST) is a type of seamless steel tube manufactured using high carbon and low alloy content. The product has several superior properties such as corrosion resistance, high strength, excellent formability, weldability and dimensional stability at all temperatures.
Cold Rolled Seamless Steel Tube:
Cold rolled seamless steel tube is a type of structural steel tubing manufactured using hot forming or cold-rolled process. The product has high strength and corrosion resistance, which makes it suitable for use in building structures such as bridges, buildings, and others.
The global high-end seamless steel tube market size was valued at USD 2.0 billion in 2016.
Application Insights:
The global seamless steel tube market is segmented on the basis of application into power industry, oil & gas, nuclear industry, construction machinery, boiler industry and others. The oil & gas sector was the largest consumer of seamless steel tubes in 2017. These products are used to manufacture pipelines for transporting crude oil and natural gas liquids such as ethane and propane among other liquids such as butane and pentaneselene across long distances.
In addition to their use in the energy sector these products are also widely utilized by industries involved in refining petroleum products including kerosene-type fuels that are used primarily for domestic heating purposes or sold abroad as fuel rods for use in electric power generation plants run on nuclear energy.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population, rising disposable income of consumers and rapid urbanization & industrialization.
China emerged as a major manufacturing hub for power machinery due to availability of low-cost labor coupled with government support for establishing new industries in the country. In addition, growing oil & gas industry in Middle East & Africa has led major players including Total SA (France), Royal Dutch Shell Plc (U.K.), ExxonMobil Corp., ConocoPhillips Co., Saudi Aramco have their regional offices based in this region which further boosts product demand over the forecast period.
Growth Factors:
- Increasing demand from the automotive and transportation industry for high-end seamless steel tubes for fuel lines, brake lines, and suspension systems.
- Growing demand for high-end seamless steel tubes in the construction industry for use in structural applications and as pipe fittings.
- Rising popularity of seamless steel tubes among Original Equipment Manufacturers (OEMs) due to their superior properties compared to welded tubes.
- Technological advancements that have led to the development of new grades of high-end seamless steel tubing with enhanced properties such as strength, corrosion resistance, and durability.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-end Seamless Steel Tube Market Research Report
By Type
Hot Rolled Seamless Steel Tube, Cold Rolled Seamless Steel Tube
By Application
Power Industry, Oil & Gas, Nuclear Industry, Construction Machinery, Boiler Industry, Others
By Companies
Nippon Steel Corporation, Kobelco Steel Tube Co.,Ltd., JSW, U.S. Steel, POSCO, ThyssenKrupp AG, Nucor, JFE Steel, Tenaris SA, Chelpipe Group, Ansteel Group, Tianjin Pipe Corporation, Daye Special Steel, Inner Mongolia North Heavy Industries, Shandong Congbang
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global High-end Seamless Steel Tube Market Report Segments:
The global High-end Seamless Steel Tube market is segmented on the basis of:
Types
Hot Rolled Seamless Steel Tube, Cold Rolled Seamless Steel Tube
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
Power Industry, Oil & Gas, Nuclear Industry, Construction Machinery, Boiler Industry, Others
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 Corporation
- Kobelco Steel Tube Co.,Ltd.
- JSW
- U.S. Steel
- POSCO
- ThyssenKrupp AG
- Nucor
- JFE Steel
- Tenaris SA
- Chelpipe Group
- Ansteel Group
- Tianjin Pipe Corporation
- Daye Special Steel
- Inner Mongolia North Heavy Industries
- Shandong Congbang
Highlights of The High-end Seamless 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:
- Hot Rolled Seamless Steel Tube
- Cold Rolled Seamless Steel Tube
- By Application:
- Power Industry
- Oil & Gas
- Nuclear Industry
- Construction Machinery
- Boiler Industry
- Others
- 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 High-end Seamless 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
High-end seamless steel tube is a type of steel pipe that is made from a single piece of metal. This makes it stronger and more durable than other types of pipes, which can be made from several pieces of metal welded together.
Some of the major companies in the high-end seamless steel tube market are Nippon Steel Corporation, Kobelco Steel Tube Co.,Ltd., JSW, U.S. Steel, POSCO, ThyssenKrupp AG, Nucor, JFE Steel, Tenaris SA, Chelpipe Group, Ansteel Group, Tianjin Pipe Corporation, Daye Special Steel, Inner Mongolia North Heavy Industries, Shandong Congbang.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-end Seamless Steel 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 High-end Seamless Steel Tube Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-end Seamless Steel 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 High-end Seamless Steel 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 High-end Seamless Steel Tube Market Size & Forecast, 2020-2028
4.5.1 High-end Seamless Steel Tube Market Size and Y-o-Y Growth
4.5.2 High-end Seamless Steel Tube Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hot Rolled Seamless Steel Tube
5.2.2 Cold Rolled Seamless Steel Tube
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Power Industry
6.2.2 Oil & Gas
6.2.3 Nuclear Industry
6.2.4 Construction Machinery
6.2.5 Boiler Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-end Seamless Steel 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 High-end Seamless Steel 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hot Rolled Seamless Steel Tube
9.6.2 Cold Rolled Seamless Steel Tube
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 Market Size Forecast by Applications
9.10.1 Power Industry
9.10.2 Oil & Gas
9.10.3 Nuclear Industry
9.10.4 Construction Machinery
9.10.5 Boiler Industry
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hot Rolled Seamless Steel Tube
10.6.2 Cold Rolled Seamless Steel Tube
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 Market Size Forecast by Applications
10.10.1 Power Industry
10.10.2 Oil & Gas
10.10.3 Nuclear Industry
10.10.4 Construction Machinery
10.10.5 Boiler Industry
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hot Rolled Seamless Steel Tube
11.6.2 Cold Rolled Seamless Steel Tube
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 Market Size Forecast by Applications
11.10.1 Power Industry
11.10.2 Oil & Gas
11.10.3 Nuclear Industry
11.10.4 Construction Machinery
11.10.5 Boiler Industry
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hot Rolled Seamless Steel Tube
12.6.2 Cold Rolled Seamless Steel Tube
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 Market Size Forecast by Applications
12.10.1 Power Industry
12.10.2 Oil & Gas
12.10.3 Nuclear Industry
12.10.4 Construction Machinery
12.10.5 Boiler Industry
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hot Rolled Seamless Steel Tube
13.6.2 Cold Rolled Seamless Steel Tube
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) Market Size Forecast by Applications
13.10.1 Power Industry
13.10.2 Oil & Gas
13.10.3 Nuclear Industry
13.10.4 Construction Machinery
13.10.5 Boiler Industry
13.10.6 Others
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 High-end Seamless Steel Tube Market: Competitive Dashboard
14.2 Global High-end Seamless Steel Tube Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Steel Corporation
14.3.2 Kobelco Steel Tube Co.,Ltd.
14.3.3 JSW
14.3.4 U.S. Steel
14.3.5 POSCO
14.3.6 ThyssenKrupp AG
14.3.7 Nucor
14.3.8 JFE Steel
14.3.9 Tenaris SA
14.3.10 Chelpipe Group
14.3.11 Ansteel Group
14.3.12 Tianjin Pipe Corporation
14.3.13 Daye Special Steel
14.3.14 Inner Mongolia North Heavy Industries
14.3.15 Shandong Congbang
