Market Overview:
The global nuclear tubes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for nuclear energy across the globe and rising investments in nuclear power plants. In addition, the growing use of nickel alloy tubes in various applications is also propelling the growth of this market. However, stringent safety norms and regulations may hamper the growth of this market in some regions. On basis of type, seamless stainless tubes are expected to lead the global nuclear tubes market with a share of more than 50%. This can be attributed to their high strength-to-weight ratio and corrosion resistance properties.
Product Definition:
Nuclear tubes are used to produce and control the flow of nuclear energy. They are an important part of nuclear reactors and other nuclear facilities.
Seamless Stainless Tubes:
Stainless steel tubes are used in the nuclear industry for manufacturing fuel rods. The growth factor of seamless stainless tubes is based on its usage in nuclear power plants. The global demand for electricity has been increasing at a rapid rate, which has led to an increase in the number of coal-fired and gas-fired power plants around the world. This trend is expected to continue over the forecast period, thus fueling demand for stainless steel tubes used as components within these power plants.
Nickel Alloy Tubes:
Nickel alloys are a group of alloy materials which have been used in the manufacturing of electrical tubes. The different types of nickel alloys include Ni-Fe, Ni-Cr, and Ni-Cu. Nickel based products find application in various industries such as medical industry, heating & cooling equipment industry and nuclear power plant industry.
The global demand for nickel has increased over the past few years owing to its use in stainless steel production along with other properties such as corrosion resistance.
Application Insights:
In terms of revenue, the instrumentation application dominated the global nuclear tubes market with a share of 33.3% in 2017. The segment is expected to witness significant growth over the forecast period owing to its usage in various applications such as radiation protection, critical care and safety equipment for hospitals and laboratories.
The fuel application segment was valued at USD 1,252.5 million in 2017 due to high demand from reactors across China, Russia Federation and South Korea among others countries that use this product for safeguarding radioactive materials inside a reactor vessel during normal operations or power generation cycles.
Regional Analysis:
The Asia Pacific held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing nuclear power generation in China, India, South Korea, and Japan. Furthermore, rising awareness regarding nuclear energy as a source of electricity is anticipated to drive demand for these products across this region.
China accounted for approximately one-third of global LWR construction projects from 2010 to 2014 owing to government support aimed at reducing carbon footprint associated with conventional energy sources such as coal and petroleum products. Moreover, growing concerns pertaining environmental pollution have resulted in increased focus on sustainable development towards cleaner alternatives such as nuclear power plants which will further boost industry growth over the next eight years.
North America was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for nuclear energy due to rising population and industrialization
- Proliferation of nuclear technology and increasing number of reactors worldwide
- Stringent environmental regulations for emissions from conventional power plants driving the adoption of nuclear power
- Growing demand for replacement tubes in existing nuclear reactors
- Increasing investment in new reactor construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Tubes Market Research Report
By Type
Seamless Stainless Tubes, Nickel Alloy Tubes, Other
By Application
Instrumentation, Nuclear Fuel Application, Others
By Companies
Sandvik Group, Nippon Steel, Centravis, Mannesmann Stainless Tubes, Webco Industries, Jiuli Group, Tubacex, Walsin Lihwa, Tsingshan, Huadi Steel Group, Wujin Stainless Steel Pipe Group
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Tubes Market Report Segments:
The global Nuclear Tubes market is segmented on the basis of:
Types
Seamless Stainless Tubes, Nickel Alloy Tubes, Other
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
Instrumentation, Nuclear Fuel Application, 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:
- Sandvik Group
- Nippon Steel
- Centravis
- Mannesmann Stainless Tubes
- Webco Industries
- Jiuli Group
- Tubacex
- Walsin Lihwa
- Tsingshan
- Huadi Steel Group
- Wujin Stainless Steel Pipe Group
Highlights of The Nuclear Tubes 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:
- Seamless Stainless Tubes
- Nickel Alloy Tubes
- Other
- By Application:
- Instrumentation
- Nuclear Fuel Application
- 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 Nuclear Tubes 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?
Nuclear tubes are long, thin pieces of metal that are used to transport nuclear fuel around a reactor. They have a number of small holes in them so that the fuel can move around and be heated up.
Some of the major players in the nuclear tubes market are Sandvik Group, Nippon Steel, Centravis, Mannesmann Stainless Tubes, Webco Industries, Jiuli Group, Tubacex, Walsin Lihwa, Tsingshan, Huadi Steel Group, Wujin Stainless Steel Pipe Group.
The nuclear tubes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nuclear Tubes 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 Nuclear Tubes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nuclear Tubes 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 Nuclear Tubes 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 Nuclear Tubes Market Size & Forecast, 2020-2028
4.5.1 Nuclear Tubes Market Size and Y-o-Y Growth
4.5.2 Nuclear Tubes 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 Seamless Stainless Tubes
5.2.2 Nickel Alloy Tubes
5.2.3 Other
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 Instrumentation
6.2.2 Nuclear Fuel Application
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nuclear Tubes 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 Nuclear Tubes 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 Seamless Stainless Tubes
9.6.2 Nickel Alloy Tubes
9.6.3 Other
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 Instrumentation
9.10.2 Nuclear Fuel Application
9.10.3 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 Seamless Stainless Tubes
10.6.2 Nickel Alloy Tubes
10.6.3 Other
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 Instrumentation
10.10.2 Nuclear Fuel Application
10.10.3 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 Seamless Stainless Tubes
11.6.2 Nickel Alloy Tubes
11.6.3 Other
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 Instrumentation
11.10.2 Nuclear Fuel Application
11.10.3 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 Seamless Stainless Tubes
12.6.2 Nickel Alloy Tubes
12.6.3 Other
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 Instrumentation
12.10.2 Nuclear Fuel Application
12.10.3 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 Seamless Stainless Tubes
13.6.2 Nickel Alloy Tubes
13.6.3 Other
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 Instrumentation
13.10.2 Nuclear Fuel Application
13.10.3 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 Nuclear Tubes Market: Competitive Dashboard
14.2 Global Nuclear Tubes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sandvik Group
14.3.2 Nippon Steel
14.3.3 Centravis
14.3.4 Mannesmann Stainless Tubes
14.3.5 Webco Industries
14.3.6 Jiuli Group
14.3.7 Tubacex
14.3.8 Walsin Lihwa
14.3.9 Tsingshan
14.3.10 Huadi Steel Group
14.3.11 Wujin Stainless Steel Pipe Group
