Market Overview:
The global industrial tubes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The steel tubes segment had the biggest market share of 63% in 2018 and is expected to maintain its dominance during the forecast period. The oil and gas application segment is expected to be the fastest-growing application segment, with a CAGR of 6.1%. North America was the largest regional market for industrial tubes in 2018, accounting for 36% of the global market. Asia Pacific is projected to be the fastest-growing region during the forecast period, with a CAGR of 6%.
Product Definition:
Industrial tubes are cylindrical objects that are used in a variety of industrial applications. They can be made from a variety of materials, including metals, plastics, and composites. Industrial tubes have many uses, including as part of machinery, in piping and tubing systems, and in transportation applications.
Stainless Steel Tubes:
Stainless steel tubes are used in a variety of applications including heat exchangers, condensers, evaporators and re-heaters. They also find application in process piping systems and industrial tubing & fittings. The growth factor for stainless steel tubes is the ability to be easily fabricated into any shape or size coupled with excellent corrosion resistance which makes them suitable for harsh chemical environments as well as high temperature processes.
Steel Tubes:
Steel tubes are cylindrical pieces of metal, usually round and available in a variety of sizes. They can be used for a wide range of applications including heat exchangers, pressure vessels, storage tanks and chemical containers among others. The most common application is the manufacturing of industrial tubes which find use in various industries such as oil & gas, power generation and petrochemical among others.
Application Insights:
The oil and gas industry was the dominant segment in 2018. The global demand for industrial tubes has witnessed a paradigm shift due to rising awareness about energy conservation. Stainless steel, aluminum, copper and titanium are some of the materials used in oil and gas pipes owing to their corrosion resistance properties.
In terms of revenue as well as volume wise, the automotive industry is one of the prominent segments that have contributed significantly towards overall market growth over recent years. Increasing production capacities in China, India & South Korea coupled with steady growth across major economies such as U.S., Germany & Japan is expected to drive product demand from 2019 onward.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period. The growth in this region is attributed to increasing construction activities and rising automotive production in China, India, and Japan. In addition, rapid industrialization coupled with government initiatives for infrastructure development will drive the market further. For instance, according to a white paper on Industrial Biotechnology published by The Chinese Government in 2015; it was stated that biotechnology has great potential to support China’s economic development through 2030s.
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of stainless steel tubes in construction and engineering applications
- Rising demand for lightweight tubes in the medical industry
- Increasing use of tubes in energy-efficient systems and green technologies
- Technological advancements that are making tube manufacturing more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Tubes Market Research Report
By Type
Stainless Steel Tubes, Steel Tubes, Aluminum Tubes, Copper Tubes, Brass Tubes, Bronze Tubes, Titanium Tubes, Others Tubes, Steel Tubes had the biggest market share of 63% in 2018.
By Application
Oil and Gas, Food Industry, Automotive, Power Industry, Chemical Industry, Construction, Water Treatment, Others
By Companies
Youfa Steel Pipe, TMK Group, Nippon Steel, Tenaris, JFE Steel, Vallourec, TPCO, China Baowu Steel Group, Zekelman Industries, OMK, ChelPipe Group, Hyundai Steel, SeAH Holdings, Arcelormittal, APL Apollo, Hengyang Valin, Jindal Saw, Severstal, Nucor, Norsk Hydro, Zhongwang Aluminium, Constellium, Zhejiang Hailiang
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Tubes Market Report Segments:
The global Industrial Tubes market is segmented on the basis of:
Types
Stainless Steel Tubes, Steel Tubes, Aluminum Tubes, Copper Tubes, Brass Tubes, Bronze Tubes, Titanium Tubes, Others Tubes, Steel Tubes had the biggest market share of 63% in 2018.
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, Food Industry, Automotive, Power Industry, Chemical Industry, Construction, Water Treatment, 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:
- Youfa Steel Pipe
- TMK Group
- Nippon Steel
- Tenaris
- JFE Steel
- Vallourec
- TPCO
- China Baowu Steel Group
- Zekelman Industries
- OMK
- ChelPipe Group
- Hyundai Steel
- SeAH Holdings
- Arcelormittal
- APL Apollo
- Hengyang Valin
- Jindal Saw
- Severstal
- Nucor
- Norsk Hydro
- Zhongwang Aluminium
- Constellium
- Zhejiang Hailiang
Highlights of The Industrial 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:
- Stainless Steel Tubes
- Steel Tubes
- Aluminum Tubes
- Copper Tubes
- Brass Tubes
- Bronze Tubes
- Titanium Tubes
- Others Tubes
- Steel Tubes had the biggest market share of 63% in 2018.
- By Application:
- Oil and Gas
- Food Industry
- Automotive
- Power Industry
- Chemical Industry
- Construction
- Water Treatment
- 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 Industrial 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.
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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?
Industrial tubes are a type of tubing made from a variety of materials, including metal, plastic, and rubber. They are used to transport fluids and other materials in industrial settings.
Some of the key players operating in the industrial tubes market are Youfa Steel Pipe, TMK Group, Nippon Steel, Tenaris, JFE Steel, Vallourec, TPCO, China Baowu Steel Group, Zekelman Industries, OMK, ChelPipe Group, Hyundai Steel, SeAH Holdings, Arcelormittal, APL Apollo, Hengyang Valin, Jindal Saw, Severstal, Nucor, Norsk Hydro, Zhongwang Aluminium, Constellium, Zhejiang Hailiang.
The industrial tubes market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Tubes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Tubes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Tubes Market - Supply Chain
4.5. Global Industrial Tubes Market Forecast
4.5.1. Industrial Tubes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Tubes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Tubes Market Absolute $ Opportunity
5. Global Industrial Tubes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Tubes Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Tubes
5.3.2. Steel Tubes
5.3.3. Aluminum Tubes
5.3.4. Copper Tubes
5.3.5. Brass Tubes
5.3.6. Bronze Tubes
5.3.7. Titanium Tubes
5.3.8. Others Tubes
5.3.9. Steel Tubes had the biggest market share of 63% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Tubes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Tubes Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Food Industry
6.3.3. Automotive
6.3.4. Power Industry
6.3.5. Chemical Industry
6.3.6. Construction
6.3.7. Water Treatment
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Tubes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Tubes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Tubes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Tubes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Tubes Demand Share Forecast, 2019-2026
9. North America Industrial Tubes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Tubes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Tubes Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Food Industry
9.4.3. Automotive
9.4.4. Power Industry
9.4.5. Chemical Industry
9.4.6. Construction
9.4.7. Water Treatment
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Tubes Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Tubes
9.7.2. Steel Tubes
9.7.3. Aluminum Tubes
9.7.4. Copper Tubes
9.7.5. Brass Tubes
9.7.6. Bronze Tubes
9.7.7. Titanium Tubes
9.7.8. Others Tubes
9.7.9. Steel Tubes had the biggest market share of 63% in 2018.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Tubes Demand Share Forecast, 2019-2026
10. Latin America Industrial Tubes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Tubes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Tubes Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Food Industry
10.4.3. Automotive
10.4.4. Power Industry
10.4.5. Chemical Industry
10.4.6. Construction
10.4.7. Water Treatment
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Tubes Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Tubes
10.7.2. Steel Tubes
10.7.3. Aluminum Tubes
10.7.4. Copper Tubes
10.7.5. Brass Tubes
10.7.6. Bronze Tubes
10.7.7. Titanium Tubes
10.7.8. Others Tubes
10.7.9. Steel Tubes had the biggest market share of 63% in 2018.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Tubes Demand Share Forecast, 2019-2026
11. Europe Industrial Tubes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Tubes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Tubes Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Food Industry
11.4.3. Automotive
11.4.4. Power Industry
11.4.5. Chemical Industry
11.4.6. Construction
11.4.7. Water Treatment
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Tubes Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Tubes
11.7.2. Steel Tubes
1.7.3. Aluminum Tubes
11.7.4. Copper Tubes
11.7.5. Brass Tubes
11.7.6. Bronze Tubes
11.7.7. Titanium Tubes
11.7.8. Others Tubes
11.7.9. Steel Tubes had the biggest market share of 63% in 2018.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Tubes Demand Share, 2019-2026
12. Asia Pacific Industrial Tubes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Tubes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Tubes Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Food Industry
12.4.3. Automotive
12.4.4. Power Industry
12.4.5. Chemical Industry
12.4.6. Construction
12.4.7. Water Treatment
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Tubes Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Tubes
12.7.2. Steel Tubes
12.7.3. Aluminum Tubes
12.7.4. Copper Tubes
12.7.5. Brass Tubes
12.7.6. Bronze Tubes
12.7.7. Titanium Tubes
12.7.8. Others Tubes
12.7.9. Steel Tubes had the biggest market share of 63% in 2018.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Tubes Demand Share, 2019-2026
13. Middle East & Africa Industrial Tubes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Tubes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Tubes Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Food Industry
13.4.3. Automotive
13.4.4. Power Industry
13.4.5. Chemical Industry
13.4.6. Construction
13.4.7. Water Treatment
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Tubes Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Tubes
13.7.2. Steel Tubes
13.7.3. Aluminum Tubes
13.7.4. Copper Tubes
13.7.5. Brass Tubes
13.7.6. Bronze Tubes
13.7.7. Titanium Tubes
13.7.8. Others Tubes
13.7.9. Steel Tubes had the biggest market share of 63% in 2018.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Tubes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Tubes Market: Market Share Analysis
14.2. Industrial Tubes Distributors and Customers
14.3. Industrial Tubes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Youfa Steel Pipe
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TMK Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tenaris
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JFE Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vallourec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TPCO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. China Baowu Steel Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zekelman Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. OMK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ChelPipe Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hyundai Steel
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SeAH Holdings
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Arcelormittal
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. APL Apollo
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hengyang Valin
14.4.16.1. Overview
14.4.16.2. Financials
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