Global Stainless Steel Pipes and Tubes Market Research Report 2024(Status and Outlook)

Global Stainless Steel Pipes and Tubes Market Research Report 2024(Status and Outlook)

Report Overview

The stainless steel pipes and tubes are made of stainless steel round steel, plate (flat plate or coiled plate), hollow long strip steel products processed by special process, steel with open ends and hollow section, and its length and section circumference are relatively large. It includes various shapes such as a circular tube, a square tube, an elliptical tube, and a triangular tube. Because the stainless steel pipe has a hollow section, it has the excellent performance characteristics of stainless steel and low maintenance cost. It is suitable as a conveying pipe for liquids, gases, etc. Stainless steel pipes and tubes are one of the important products in the steel industry and is extremely used widely in the national economy.

The global Stainless Steel Pipes and Tubes market size is projected to reach US$ 32680.03 Million by 2028, from US$ 44966.85 million in 2021, at a CAGR of 4.74% during 2022-2028. Increasing oil & gas production owing to the demand from the transportation industry is one of the prominent growth drivers for the market. The oil & gas industry is the major consumer segment for steel pipes & tubes. The product is used in upstream, midstream as well as downstream processing of crude oil. Additionally, application of new technologies in pipes and tubes, growing demand for Pipes and Tubes in construction and in the automotive industry and other factors will play a huge role in the growth of steel pipes & tubes market size.

In the future, the Stainless Steel Pipes and Tubes industry will also see some new changes. Manufacturers in the stainless-steel welded pipes market are keen on producing stainless steel welded pipes that are tailored for specific industries. Top players in the stainless-steel welded pipes market have ramped up their research and development efforts to cater to specialized needs of these end -use industries. Such a strategy might help catapult them to a highly competitive pedestal in near future. In addition, Many new companies offering high-quality products and technologies have been joining the market. Manufacturers of steel tubes have a significant chance to change the way they operate by integrating technology, which will allow them to increase operational effectiveness, customer satisfaction, inventory levels, and profit margin. To address concerns with energy efficiency and to personalize product qualities, emerging businesses use advanced heat treatment solutions for the production of steel.

In terms of market segments, Stainless Steel Pipes and Tubes can be mainly divided into Seamless Pipes and Tubes and Welded Pipes and Tubes. Seamless Pipes and Tubes have always dominated. In 2021, the market share of Seamless Pipes and Tubes will reach 70.25% of the total market size, higher than Welded Pipes and Tubes' 29.75%. Seamless steel products are manufactured from billets that are perforated and heated to create the tubular section. There are no seam welds in such products. Seamless pipes & tubes are used in a variety of sectors including oil & gas, power generation, chemicals & petrochemicals, and engineering. It is expected that during the forecast period of 2022-2028, the growth rate of Welded Pipes and Tubes will have a tendency to catch up, and its market size will grow at a CAGR of 6.30%, which is faster than the CAGR of Seamless Pipes and Tubes of 4.02%.

The main terminal application scenarios of Stainless Steel Pipes and Tubes include Oil and Gas, Food Industry, Automotive, Power Industry, Chemical Industry, Construction, Water Treatment. In 2021, Stainless Steel Pipes and Tubes applied to Oil and Gas accounted for the highest proportion, Reached 45.69% of the entire market size.

On basis of geography, the Stainless Steel Pipes and Tubes market is segmented into North America, Europe, Asia-Pacific, South America ,Middle East and Africa, etc. Asia-Pacific dominates the entire market, and in 2021 Stainless Steel Pipes and Tubes are in The application scale of Asia-Pacific occupies 70.34% of the entire market size, much higher than other regions. This status quo will continue during the forecast period.

Currently, the concentration of the entire Stainless Steel Pipes and Tubes industry is not high. The top five manufacturers held 6.21% of the market, in terms of Stainless Steel Pipes and Tubes Revenue in 2021. Correspondingly, the HHI in 2021 is 0.09%. Key players in Stainless Steel Pipes and Tubes industry include Jiuli Group, Sandvik, Tenaris, Wujin Stainless Steel Pipe Group, Nippon Steel Corporation, ThyssenKrupp, Baosteel, ArcelorMittal, Tata Steel, Tubacex, Tianjin Pipe (Group) Corporation, BUTTING, Mannesmann Stainless Tubes, Centavis, Tsingshan, JFE Steel Corporation.

This report provides a deep insight into the global Stainless Steel Pipes and Tubes market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Stainless Steel Pipes and Tubes Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Stainless Steel Pipes and Tubes market in any manner.

Global Stainless Steel Pipes and Tubes Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Jiuli Group

Sandvik

Tenaris

Wujin Stainless Steel Pipe Group

Nippon Steel Corporation

ThyssenKrupp

Baosteel

ArcelorMittal

Tata Steel

Tubacex

Tianjin Pipe (Group) Corporation

BUTTING

Mannesmann Stainless Tubes

Centravis

Tsingshan

JFE Steel Corporation

Market Segmentation (by Type)

Seamless Pipes and Tubes

Welded Pipes and Tubes

Market Segmentation (by Application)

Oil and Gas

Food Industry

Automotive

Power Industry

Chemical Industry

Construction

Water Treatment

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Stainless Steel Pipes and Tubes Market

Overview of the regional outlook of the Stainless Steel Pipes and Tubes Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Stainless Steel Pipes and Tubes Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.