Market Overview:
The global slot tubes 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 stainless steel single groove tubes and stainless steel double groove tubes from various applications such as stair railings, balconies, and glass balustrades. In addition, the growing construction industry in emerging economies is also contributing to the growth of this market. However, fluctuations in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Slot tubes are used in many industries as a way to hold or support an object. They are often found in machines, and can be made from a variety of materials, including metal and plastic. Slot tubes can also be called slotted extrusions or slotted profiles.
Stainless Steel Single Groove Tube:
Stainless steel single groove tube is a type of slot tube, which has one cut-out section in the shape of a semi-circle. The section is formed by removing metal from the center of the round bar. It offers several advantages over conventional products such as lower production costs, simple fabrication process and easy installation & maintenance.
Advantages offered by stainless steel single grooves include reduced weight on machine.
Stainless Steel Double Groove Tube:
Stainless steel double groove tube is a type of seamless tubing manufactured from high-grade corrosion-resistant stainless steel. It consists of two concentric tubes joined by a flange which forms the entranceway for fluids or gases. The outer diameter of the tube is larger than the inner one, thus providing space for expansion and contraction due to thermal variations.
Application Insights:
Stair railings application dominated the global slot tubes market, accounting for over 30.0% of the overall revenue share in 2017. The rising number of renovation activities in residential as well as commercial buildings is expected to boost product demand over the forecast period. In addition, increasing construction spending in developed economies such as U.K., Germany and France are likely to augment growth during the forecast period.
The balcony segment is anticipated to witness significant growth with a CAGR of XX%, in terms of volume during the forecast years 2018-2030 owing to an increase in residential building projects across various developing and developed countries worldwide including China, India & Brazil which will result into increased demand for products such as balustrades.
Regional Analysis:
North America was the largest market for stainless steel slot tubes, accounting for a share of more than 35.0% in 2017 owing to the presence of developed infrastructure and high demand from residential as well as commercial applications. The U.S., being one of the most developed nations, has witnessed an increasing number of construction projects over the years; which is expected to positively influence industry growth over next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast period on account rising construction activities in China and India along with other Southeast Asian countries such as Indonesia and Malaysia. In addition, growing population in these countries has led to increased demand for housing facilities, thereby driving product sales across this region since 2016.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles
- Growing popularity of slot tubes in construction and architecture sector for facade cladding and roofing applications
- Rising demand from the electrical and electronics industry for heat exchangers, condensers, evaporators, and radiators
- Technological advancements that have led to development of new products with better performance characteristics
- Growing awareness about benefits of using slot tubes in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Slot Tubes Market Research Report
By Type
Stainless Steel Single Groove Tube, Stainless Steel Double Groove Tube, Others
By Application
Stair Railings, Balcony, Glass Balustrade
By Companies
Trislot, Niltech N. Radek, L. Kuma?ski Sp. J., Optima, TEMA Machinery Ltd, Hebei Hightop Wedge Wire Co., Transcend Cleantec Private Limited, Hein | Lehmann B.V. screening machines, Activa, Amtex Enterprises, Supreme Steel & Engineering Co.
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Slot Tubes Market Report Segments:
The global Slot Tubes market is segmented on the basis of:
Types
Stainless Steel Single Groove Tube, Stainless Steel Double Groove Tube, 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
Stair Railings, Balcony, Glass Balustrade
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:
- Trislot
- Niltech N. Radek, L. Kuma?ski Sp. J.
- Optima
- TEMA Machinery Ltd
- Hebei Hightop Wedge Wire Co.
- Transcend Cleantec Private Limited
- Hein | Lehmann B.V. screening machines
- Activa
- Amtex Enterprises
- Supreme Steel & Engineering Co.
Highlights of The Slot 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 Single Groove Tube
- Stainless Steel Double Groove Tube
- Others
- By Application:
- Stair Railings
- Balcony
- Glass Balustrade
- 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 Slot 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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- 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?
Slot tubes are a type of tubing used in the oil and gas industry. They are made from a variety of materials, including steel, brass, and aluminum. Slot tubes have small openings that allow them to flow oil or gas easily.
Some of the major players in the slot tubes market are Trislot, Niltech N. Radek, L. Kuma?ski Sp. J., Optima, TEMA Machinery Ltd, Hebei Hightop Wedge Wire Co., Transcend Cleantec Private Limited, Hein | Lehmann B.V. screening machines, Activa, Amtex Enterprises, Supreme Steel & Engineering Co..
The slot 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. Slot 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. Slot Tubes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Slot Tubes Market - Supply Chain
4.5. Global Slot Tubes Market Forecast
4.5.1. Slot Tubes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Slot Tubes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Slot Tubes Market Absolute $ Opportunity
5. Global Slot 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. Slot Tubes Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Single Groove Tube
5.3.2. Stainless Steel Double Groove Tube
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Slot 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. Slot Tubes Market Size and Volume Forecast by Application
6.3.1. Stair Railings
6.3.2. Balcony
6.3.3. Glass Balustrade
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Slot 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. Slot 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 Slot 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. Slot 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 Slot Tubes Demand Share Forecast, 2019-2026
9. North America Slot 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 Slot 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 Slot Tubes Market Size and Volume Forecast by Application
9.4.1. Stair Railings
9.4.2. Balcony
9.4.3. Glass Balustrade
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Slot Tubes Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Single Groove Tube
9.7.2. Stainless Steel Double Groove Tube
9.7.3. Others
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 Slot Tubes Demand Share Forecast, 2019-2026
10. Latin America Slot 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 Slot 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 Slot Tubes Market Size and Volume Forecast by Application
10.4.1. Stair Railings
10.4.2. Balcony
10.4.3. Glass Balustrade
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Slot Tubes Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Single Groove Tube
10.7.2. Stainless Steel Double Groove Tube
10.7.3. Others
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 Slot Tubes Demand Share Forecast, 2019-2026
11. Europe Slot 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 Slot 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 Slot Tubes Market Size and Volume Forecast by Application
11.4.1. Stair Railings
11.4.2. Balcony
11.4.3. Glass Balustrade
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Slot Tubes Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Single Groove Tube
11.7.2. Stainless Steel Double Groove Tube
11.7.3. Others
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 Coutry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Slot Tubes Demand Share, 2019-2026
12. Asia Pacific Slot 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 Slot 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 Slot Tubes Market Size and Volume Forecast by Application
12.4.1. Stair Railings
12.4.2. Balcony
12.4.3. Glass Balustrade
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Slot Tubes Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Single Groove Tube
12.7.2. Stainless Steel Double Groove Tube
12.7.3. Others
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 Slot Tubes Demand Share, 2019-2026
13. Middle East & Africa Slot 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 Slot 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 Slot Tubes Market Size and Volume Forecast by Application
13.4.1. Stair Railings
13.4.2. Balcony
13.4.3. Glass Balustrade
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Slot Tubes Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Single Groove Tube
13.7.2. Stainless Steel Double Groove Tube
13.7.3. Others
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 Slot Tubes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Slot Tubes Market: Market Share Analysis
14.2. Slot Tubes Distributors and Customers
14.3. Slot Tubes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trislot
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Niltech N. Radek, L. Kuma?ski Sp. J.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Optima
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TEMA Machinery Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hebei Hightop Wedge Wire Co.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Transcend Cleantec Private Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hein | Lehmann B.V. screening machines
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Activa
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amtex Enterprises
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Supreme Steel & Engineering Co.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
