Global Steel Tubes Market Dynamics to Support 1.7% Growth Rate for 2021-2026

The global Steel Tubes market was valued at US$ 79220 million in 2019 and it is expected to reach US$ 89260 million by the end of 2026, growing at a CAGR of 1.7% during 2021-2026.

Steel tubes are the niche segment application of iron and steel that is anti-corrosion and rust free. Steel tube is main use for structural purposes such as scaffolding. They are often put to use in applications that call for precise outside diameters. Therefore, the outside diameter is vital as it indicates how much the tube can hold.

Tenaris was the global greatest company in Steel Tubes industry, with the revenue market Share of 6.6% in 2018, followed by Youfa Steel Pipe Group, Zekelman Industries, VALLOUREC, China Baowu Steel Group, Nippon Steel, ChelPipe Group, APL Apollo, Arcelormittal, Hyundai Steel, JFE Steel Corporation, SeAH Holdings Corp, TMK Group, Nucor Corporation, United States Steel Corporation, Kingland & Pipeline Technol-ogies, Jiangsu Changbao Steel Tube, Hengyang Valin Steel Tube, Severstal, TPCO, Jindal Saw, Evraz, Marcegaglia, Tata Steel, Essar Steel and Ispat Industries.

Global Steel Tubes Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Steel Tubes Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Youfa Steel Pipe Group, Tenaris, Zekelman Industries, Vallourec, China Baowu Steel Group, Nippon Steel, Chelpipe Group, Apl Apollo, Arcelormittal, Hyundai Steel, Jfe Steel Corporation, Seah Holdings Corp, Tmk Group, Nucor Corporation, United States Steel Corporation, Kingland & Pipeline Technol-Ogies, Jiangsu Changbao Steel Tube, Hengyang Valin Steel Tube, Severstal, Tpco, Jindal Saw, Evraz, Marcegaglia, Tata Steel, Essar Steel And Ispat Industries and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

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Segment by Type

  • Welded Tube
  • Seamless Tube

Welded Tube had a market share of 66% in 2018.

Segment by Application

  • Construction Industry
  • Industrial Machinery
  • Oil & Gas Industry
  • Power Industry
  • Chemical Industry
  • Other

Construction Industry is the greatest segment of Steel Tubes application, with a share of 34% in 2018.

Table of Content:

1 Steel Tubes Market Overview

2 Steel Tubes Market Competition by Manufacturers

3 Steel Tubes Retrospective Market Scenario by Region

4 Global Steel Tubes Historic Market Analysis by Type

5 Global Steel Tubes Historic Market Analysis by Application

6 Key Companies Profiled

7 Steel Tubes Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Steel Tubes Market Dynamics

10 Global Steel Tubes Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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