Market Overview:
The global welded steel tube market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for welded steel tubes from various end-use industries, such as automotive, construction, and energy & power. In terms of type, the straight seam welded pipe segment is expected to lead the global welded steel tube market during the forecast period. This can be attributed to its high usage in various applications across different industries. In terms of region, North America is expected to lead the global welded steel tube market during the forecast period owing to high demand from key end-use industries in this region.
Product Definition:
Welded steel tube is a type of steel pipe that has been welded together from plates or strips of steel. It is commonly used for structural applications, such as in buildings, bridges, and pipelines. Welded steel tube is strong and durable, and it can be easily customized to meet the needs of a particular application.
Straight Seam Welded Pipe:
Straight seam welded pipe is a kind of seamless steel piping, which is produced by the welding of three or more pieces of metal together at right angles. The process can be done manually but it’s easier to do it using specialized equipment. It finds its major application in oil & gas and chemical industries for carrying out operations such as flushing, circulating, and feeding crude oil to processing units.
Spiral Welded Pipe:
Spiral welded pipe is a type of piping system that consists of two concentric tubes made from steel. The outer diameter of the larger tube is larger than the inner diameter of the smaller tube. They are normally used to transfer fluids in laboratories, petrochemical plants, and oil & gas industries. It has applications in various end-use industries such as chemical processing, food & beverage processing, pharmaceuticals manufacturing and wastewater treatment among others.
Application Insights:
In terms of volume, the hydraulic tubes application segment dominated the global market with a share of 29.1% in 2017. This is attributed to its rising use in oil & gas and energy industries for drilling and completion applications. In addition, it finds application as a component in various machinery & equipment components including valves, flanges, pipeslots and elbows on account of its properties such as strength corrosion resistance design flexibility at high temperatures along with low cost which makes it suitable for industrial usage over extended period of time.
The mechanical tubes segment is expected to expand at the fastest CAGR during the forecast period owing to increasing demand from construction industry for building & construction materials such as steel angle bar round bar square bar flat bar etc.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth on account of rising construction activities in economies, such as China and India. In addition, growing industrialization coupled with increasing foreign investments is likely to drive demand for welded steel tubes in the region over the forecast period.
The market in Europe was valued at USD X million in 2017 and is anticipated to grow at a moderate rate over the forecast period owing to sluggish economic conditions prevailing across most countries including Germany, Italy and Spain among others.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of steel tube in the oil and gas industry
- Rising demand for lightweight and high-strength tubes
- Technological advancements in welding processes
- Growing number of manufacturing facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Welded Steel Tube Market Research Report
By Type
Straight Seam Welded Pipe, Spiral Welded Pipe
By Application
Instrumentation & Hydraulic Tubes, Heat Exchanger Tubes, Hygienic Tubes, Mechanical Tubes, Other
By Companies
Shelby Welded Tube, Vest Incorporated, Kinnari Steel, Penn Stainless Products, Kva Stainless, Torich Interational, Hofmann Industries, California Steel & Tube, Infra-Metals, J & D Tube Benders, Shelby Welded Tube, G & J Steel & Tubing, Eagle Stainless Tube & Fabrication, Abbott Service
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 Welded Steel Tube Market Report Segments:
The global Welded Steel Tube market is segmented on the basis of:
Types
Straight Seam Welded Pipe, Spiral Welded Pipe
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 & Hydraulic Tubes, Heat Exchanger Tubes, Hygienic Tubes, Mechanical Tubes, Other
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:
- Shelby Welded Tube
- Vest Incorporated
- Kinnari Steel
- Penn Stainless Products
- Kva Stainless
- Torich Interational
- Hofmann Industries
- California Steel & Tube
- Infra-Metals
- J & D Tube Benders
- Shelby Welded Tube
- G & J Steel & Tubing
- Eagle Stainless Tube & Fabrication
- Abbott Service
Highlights of The Welded 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:
- Straight Seam Welded Pipe
- Spiral Welded Pipe
- By Application:
- Instrumentation & Hydraulic Tubes
- Heat Exchanger Tubes
- Hygienic Tubes
- Mechanical Tubes
- Other
- 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 Welded 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
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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?
Welded steel tube is a type of pipe made from two or more sheets of metal that are welded together. The welds create a strong, durable pipe that can handle high pressures and temperatures.
Some of the major companies in the welded steel tube market are Shelby Welded Tube, Vest Incorporated, Kinnari Steel, Penn Stainless Products, Kva Stainless, Torich Interational, Hofmann Industries, California Steel & Tube, Infra-Metals, J & D Tube Benders, Shelby Welded Tube, G & J Steel & Tubing, Eagle Stainless Tube & Fabrication, Abbott Service.
The welded steel tube 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 Welded 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 Welded Steel Tube Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Welded 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 Welded 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 Welded Steel Tube Market Size & Forecast, 2020-2028
4.5.1 Welded Steel Tube Market Size and Y-o-Y Growth
4.5.2 Welded 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 Straight Seam Welded Pipe
5.2.2 Spiral Welded Pipe
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 & Hydraulic Tubes
6.2.2 Heat Exchanger Tubes
6.2.3 Hygienic Tubes
6.2.4 Mechanical Tubes
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Welded 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 Welded 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 Straight Seam Welded Pipe
9.6.2 Spiral Welded Pipe
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 & Hydraulic Tubes
9.10.2 Heat Exchanger Tubes
9.10.3 Hygienic Tubes
9.10.4 Mechanical Tubes
9.10.5 Other
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 Straight Seam Welded Pipe
10.6.2 Spiral Welded Pipe
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 & Hydraulic Tubes
10.10.2 Heat Exchanger Tubes
10.10.3 Hygienic Tubes
10.10.4 Mechanical Tubes
10.10.5 Other
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 Straight Seam Welded Pipe
11.6.2 Spiral Welded Pipe
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 & Hydraulic Tubes
11.10.2 Heat Exchanger Tubes
11.10.3 Hygienic Tubes
11.10.4 Mechanical Tubes
11.10.5 Other
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 Straight Seam Welded Pipe
12.6.2 Spiral Welded Pipe
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 & Hydraulic Tubes
12.10.2 Heat Exchanger Tubes
12.10.3 Hygienic Tubes
12.10.4 Mechanical Tubes
12.10.5 Other
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 Straight Seam Welded Pipe
13.6.2 Spiral Welded Pipe
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 & Hydraulic Tubes
13.10.2 Heat Exchanger Tubes
13.10.3 Hygienic Tubes
13.10.4 Mechanical Tubes
13.10.5 Other
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 Welded Steel Tube Market: Competitive Dashboard
14.2 Global Welded Steel Tube Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shelby Welded Tube
14.3.2 Vest Incorporated
14.3.3 Kinnari Steel
14.3.4 Penn Stainless Products
14.3.5 Kva Stainless
14.3.6 Torich Interational
14.3.7 Hofmann Industries
14.3.8 California Steel & Tube
14.3.9 Infra-Metals
14.3.10 J & D Tube Benders
14.3.11 Shelby Welded Tube
14.3.12 G & J Steel & Tubing
14.3.13 Eagle Stainless Tube & Fabrication
14.3.14 Abbott Service
