Market Overview:
The global stainless steel pipes and 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 pipes and tubes from various end-use industries, such as oil and gas, food industry, automotive, power industry, chemical industry, construction, water treatment and others. In terms of type, the seamless pipes and tubes segment is expected to hold a larger share of the market during the forecast period. This can be attributed to their properties such as high strength-to-weight ratio and corrosion resistance. In terms of application, the oil and gas segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
Stainless steel pipes and tubes are made of stainless steel, a type of low-carbon steel. Stainless steels are characterized by their resistance to corrosion and staining, as well as their strength and durability. There are a number of different grades and types of stainless steel pipe available, each with its own unique set of properties.
Seamless Pipes and Tubes:
Seamless pipes and tubes are made from special alloys of metals such as nickel, titanium, aluminum and stainless steel. These products have the property that their joints are seamless. The use of seamless pipes and tubes has increased in recent years on account of various advantages associated with them such as corrosion resistance, high strength which is attributable to the thickness that they can offer when welded or otherwise connected in series or parallel along a pipeline length.
Welded Pipes and Tubes:
Welded pipes and tubes are made by welding two metal sheets together. The most common types of welded pipes are Galvanized Welder Tubes (GWT) and Stainless Steel Welder Tubes (SWWT). The SWWTs have a higher demand than the GWT as they can be used in corrosive environments whereas the GWT cannot.
Application Insights:
The oil and gas industry was the largest application segment in 2017, accounting for a share of 33.3% in terms of volume as well as revenue. The segment is expected to witness significant growth over the forecast period on account of increasing demand for crude oil from emerging economies such as India, China and Brazil. In addition, growing investments by companies including BP plc, StatoilHydro ASA and Repsol SAB are projected to propel product demand over the coming years.
Food industry applications accounted for a share of 29% in terms of volume as well as revenue in 2017 owing to rising product penetration across food processing plants globally.
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 some of the largest economies, such as China, India, Japan and South Korea. Rapid industrialization coupled with increasing government spending on infrastructure development has resulted in a significant rise in energy demand across this region. This factor is anticipated to drive stainless steel pipes demand over the forecast period.
Europe accounted for a major share of global revenue owing to high product penetration due to early adoption by end-use industries such as oil and gas, food industry, construction etc., which are based largely across Western Europe countries including Germany, U.K., France Italy etc.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing popularity of stainless steel pipes and tubes in the oil and gas industry
- Rising demand for lightweight and corrosion-resistant pipes and tubes
- Technological advancements in manufacturing processes
- Growing awareness about the benefits of using stainless steel pipes and tubes
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Pipes and Tubes Market Research Report
By Type
Seamless Pipes and Tubes, Welded Pipes and Tubes
By Application
Oil and Gas, Food Industry, Automotive, Power Industry, Chemical Industry, Construction, Water Treatment, Others
By Companies
ThyssenKrupp, Tenaris, Pohang Iron & Steel (POSCO), Baosteel, CENTRAVIS, Tubacex, ArcelorMittal, Nippon Steel & Sumitomo Metal (NSSMC), Outokumpu, Tianjin Pipe (Group) Corporation, Zhejiang JIULI Hi-tech Metals, TISCO, Sandvik, Tata Steel, Butting, Tsingshan, JFE, AK Steel
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Pipes and Tubes Market Report Segments:
The global Stainless Steel Pipes and Tubes market is segmented on the basis of:
Types
Seamless Pipes and Tubes, Welded Pipes and Tubes
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:
- ThyssenKrupp
- Tenaris
- Pohang Iron & Steel (POSCO)
- Baosteel
- CENTRAVIS
- Tubacex
- ArcelorMittal
- Nippon Steel & Sumitomo Metal (NSSMC)
- Outokumpu
- Tianjin Pipe (Group) Corporation
- Zhejiang JIULI Hi-tech Metals
- TISCO
- Sandvik
- Tata Steel
- Butting
- Tsingshan
- JFE
- AK Steel
Highlights of The Stainless Steel Pipes and 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 Pipes and Tubes
- Welded Pipes and Tubes
- 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 Stainless Steel Pipes and 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?
Stainless steel pipes and tubes are made of a type of metal that does not corrode. This makes them ideal for use in areas where water or other liquids may be present. They are also resistant to most chemicals, making them a popular choice for many applications.
Some of the major players in the stainless steel pipes and tubes market are ThyssenKrupp, Tenaris, Pohang Iron & Steel (POSCO), Baosteel, CENTRAVIS, Tubacex, ArcelorMittal, Nippon Steel & Sumitomo Metal (NSSMC), Outokumpu, Tianjin Pipe (Group) Corporation, Zhejiang JIULI Hi-tech Metals, TISCO, Sandvik, Tata Steel, Butting, Tsingshan, JFE, AK Steel.
The stainless steel pipes and tubes market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stainless Steel Pipes and 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. Stainless Steel Pipes and Tubes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stainless Steel Pipes and Tubes Market - Supply Chain
4.5. Global Stainless Steel Pipes and Tubes Market Forecast
4.5.1. Stainless Steel Pipes and Tubes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stainless Steel Pipes and Tubes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stainless Steel Pipes and Tubes Market Absolute $ Opportunity
5. Global Stainless Steel Pipes and 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. Stainless Steel Pipes and Tubes Market Size and Volume Forecast by Type
5.3.1. Seamless Pipes and Tubes
5.3.2. Welded Pipes and Tubes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stainless Steel Pipes and 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. Stainless Steel Pipes and 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 Stainless Steel Pipes and 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. Stainless Steel Pipes and 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 Stainless Steel Pipes and 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. Stainless Steel Pipes and 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 Stainless Steel Pipes and Tubes Demand Share Forecast, 2019-2026
9. North America Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and Tubes Market Size and Volume Forecast by Type
9.7.1. Seamless Pipes and Tubes
9.7.2. Welded Pipes and Tubes
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 Stainless Steel Pipes and Tubes Demand Share Forecast, 2019-2026
10. Latin America Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and Tubes Market Size and Volume Forecast by Type
10.7.1. Seamless Pipes and Tubes
10.7.2. Welded Pipes and Tubes
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 Stainless Steel Pipes and Tubes Demand Share Forecast, 2019-2026
11. Europe Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and TubesMarket Size and Volume Forecast by Type
11.7.1. Seamless Pipes and Tubes
11.7.2. Welded Pipes and Tubes
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 Stainless Steel Pipes and Tubes Demand Share, 2019-2026
12. Asia Pacific Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and Tubes Market Size and Volume Forecast by Type
12.7.1. Seamless Pipes and Tubes
12.7.2. Welded Pipes and Tubes
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 Stainless Steel Pipes and Tubes Demand Share, 2019-2026
13. Middle East & Africa Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and 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 Stainless Steel Pipes and Tubes Market Size and Volume Forecast by Type
13.7.1. Seamless Pipes and Tubes
13.7.2. Welded Pipes and Tubes
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 Stainless Steel Pipes and Tubes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stainless Steel Pipes and Tubes Market: Market Share Analysis
14.2. Stainless Steel Pipes and Tubes Distributors and Customers
14.3. Stainless Steel Pipes and Tubes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ThyssenKrupp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tenaris
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pohang Iron & Steel (POSCO)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baosteel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CENTRAVIS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tubacex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ArcelorMittal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nippon Steel & Sumitomo Metal (NSSMC)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Outokumpu
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tianjin Pipe (Group) Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang JIULI Hi-tech Metals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TISCO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sandvik
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tata Steel
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Butting
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tsingshan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. JFE
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. AK Steel
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
