Market Overview:
The global stainless steel industrial pipe 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 stainless steel industrial pipes from various end-use industries, such as oil and gas and petrochemical, automotive, mechanical and engineering, construction, chemical, among others. In terms of type, the process pipes segment is expected to hold the largest share in the global stainless steel industrial pipe market during the forecast period. This can be attributed to its growing demand from various end-use industries across different regions.
Product Definition:
Stainless steel industrial pipe is a metal piping product that is made from a type of stainless steel known as austenitic. This type of stainless steel is non-magnetic and has a high resistance to corrosion. Stainless steel industrial pipe can be used in many different applications, including the transportation of water, gas, oil and other types of fluids. It can also be used in various manufacturing processes.
Process Pipes:
The global process pipes, also known as sanitary piping systems or hygiene piping systems, are used for processing and transportation of fluids in bulk quantities. The product is manufactured using a range of materials including stainless steel, copper & alloy alloys and plastic.
Mechanical Tubes:
Mechanical tubes are made from stainless steel and they are used in the manufacturing of stainless steel industrial pipes. The mechanical tube is a hollow cylindrical piece made from high-grade corrosion-resistant material, which is then passed through a series of rolls to form an elongated pipe. The end product consists of multiple layers; the outer layer is usually comprised of nickel or chrome followed by a thin skin consisting of iron and nickel.
Application Insights:
The oil and gas and petrochemical application segment led the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing demand for crude oil from various countries, including Saudi Arabia, Russia, U.S., Canada, Brazil and Mexico. Moreover, growing investments by foreign companies in exploration activities are expected to propel product demand over the coming years.
Automotive was the second largest revenue-generating segment for this industry in 2017 due largely to rising sales of passenger cars.
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, and Japan. Increasing industrialization coupled with growing energy demand from these countries has resulted in an increased consumption of stainless steel pipes across various applications.
The construction industry in Europe witnessed a significant growth owing to increasing government investments aimed at developing infrastructure networks across various sectors including transportation and energy distribution among others. This factor is anticipated to fuel product demand during the forecast period.
Growth Factors:
- Increasing demand from the construction and infrastructure sectors
- Rising demand for stainless steel pipes in the automotive industry
- Growing use of stainless steel pipes in the oil and gas industry
- Increasing consumption of stainless steel pipes in the water treatment sector
- Rising popularity of stainless steel pipes among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Industrial Pipe Market Research Report
By Type
Process Pipes, Mechanical Tubes, Heat Exchanger Tubes, Structural Tubes, Hydraulic and Instrumentation Tubes, Others
By Application
Oil and Gas and Petrochemical, Automotive, Mechanical and Engineering, Construction, Chemical, Others
By Companies
Nippon Steel, Vallourec S.A., Sandvik AB, Tenaris, Tata Steel, Tubacex, United States Steel Corporation, Benteler, Aperam, AK Tube LLC
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Industrial Pipe Market Report Segments:
The global Stainless Steel Industrial Pipe market is segmented on the basis of:
Types
Process Pipes, Mechanical Tubes, Heat Exchanger Tubes, Structural Tubes, Hydraulic and Instrumentation Tubes, 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
Oil and Gas and Petrochemical, Automotive, Mechanical and Engineering, Construction, Chemical, 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
- Vallourec S.A.
- Sandvik AB
- Tenaris
- Tata Steel
- Tubacex
- United States Steel Corporation
- Benteler
- Aperam
- AK Tube LLC
Highlights of The Stainless Steel Industrial Pipe 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:
- Process Pipes
- Mechanical Tubes
- Heat Exchanger Tubes
- Structural Tubes
- Hydraulic and Instrumentation Tubes
- Others
- By Application:
- Oil and Gas and Petrochemical
- Automotive
- Mechanical and Engineering
- Construction
- Chemical
- 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 Stainless Steel Industrial Pipe 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Stainless steel industrial pipe is a type of metal piping used in industries such as chemical, food processing, and oil and gas. It is corrosion-resistant and has a high strength-to-weight ratio.
Some of the major players in the stainless steel industrial pipe market are Nippon Steel, Vallourec S.A., Sandvik AB, Tenaris, Tata Steel, Tubacex, United States Steel Corporation, Benteler, Aperam, AK Tube LLC.
The stainless steel industrial pipe 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 Stainless Steel Industrial Pipe 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 Stainless Steel Industrial Pipe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Industrial Pipe 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 Stainless Steel Industrial Pipe 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 Stainless Steel Industrial Pipe Market Size & Forecast, 2020-2028
4.5.1 Stainless Steel Industrial Pipe Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Industrial Pipe 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 Process Pipes
5.2.2 Mechanical Tubes
5.2.3 Heat Exchanger Tubes
5.2.4 Structural Tubes
5.2.5 Hydraulic and Instrumentation Tubes
5.2.6 Others
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 Oil and Gas and Petrochemical
6.2.2 Automotive
6.2.3 Mechanical and Engineering
6.2.4 Construction
6.2.5 Chemical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Industrial Pipe 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 Stainless Steel Industrial Pipe 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 Process Pipes
9.6.2 Mechanical Tubes
9.6.3 Heat Exchanger Tubes
9.6.4 Structural Tubes
9.6.5 Hydraulic and Instrumentation Tubes
9.6.6 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 Market Size Forecast by Applications
9.10.1 Oil and Gas and Petrochemical
9.10.2 Automotive
9.10.3 Mechanical and Engineering
9.10.4 Construction
9.10.5 Chemical
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 Process Pipes
10.6.2 Mechanical Tubes
10.6.3 Heat Exchanger Tubes
10.6.4 Structural Tubes
10.6.5 Hydraulic and Instrumentation Tubes
10.6.6 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 Market Size Forecast by Applications
10.10.1 Oil and Gas and Petrochemical
10.10.2 Automotive
10.10.3 Mechanical and Engineering
10.10.4 Construction
10.10.5 Chemical
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 Process Pipes
11.6.2 Mechanical Tubes
11.6.3 Heat Exchanger Tubes
11.6.4 Structural Tubes
11.6.5 Hydraulic and Instrumentation Tubes
11.6.6 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 Market Size Forecast by Applications
11.10.1 Oil and Gas and Petrochemical
11.10.2 Automotive
11.10.3 Mechanical and Engineering
11.10.4 Construction
11.10.5 Chemical
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 Process Pipes
12.6.2 Mechanical Tubes
12.6.3 Heat Exchanger Tubes
12.6.4 Structural Tubes
12.6.5 Hydraulic and Instrumentation Tubes
12.6.6 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 Market Size Forecast by Applications
12.10.1 Oil and Gas and Petrochemical
12.10.2 Automotive
12.10.3 Mechanical and Engineering
12.10.4 Construction
12.10.5 Chemical
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 Process Pipes
13.6.2 Mechanical Tubes
13.6.3 Heat Exchanger Tubes
13.6.4 Structural Tubes
13.6.5 Hydraulic and Instrumentation Tubes
13.6.6 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) Market Size Forecast by Applications
13.10.1 Oil and Gas and Petrochemical
13.10.2 Automotive
13.10.3 Mechanical and Engineering
13.10.4 Construction
13.10.5 Chemical
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 Stainless Steel Industrial Pipe Market: Competitive Dashboard
14.2 Global Stainless Steel Industrial Pipe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Steel
14.3.2 Vallourec S.A.
14.3.3 Sandvik AB
14.3.4 Tenaris
14.3.5 Tata Steel
14.3.6 Tubacex
14.3.7 United States Steel Corporation
14.3.8 Benteler
14.3.9 Aperam
14.3.10 AK Tube LLC
